Tournament Credits are prizes. Each credit has no cash value. You can only use them towards your membership fee.
For each credit you earn, you are eligible to take $2 off your MCC membership fee. For Non-MCC members, you will be unable to get the prize unless you use your credits to join the Mississauga Chess Club.
How would I get a credit? Before you read this section, I suggest you read this topic first: https://www.chess.com/clubs/forum/view/how-long-will-the-tournaments-last
After a Tournament Term (2 weeks), the winners of each section will receive 5 credits. Runner-ups will receive 3 credits. 3rd place finishers will receive 2 credits. From 4th-10th place, there is a criteria you have to meet in order to get a credit:
- You have to have at least played in 80% of the tournaments, or 8 out of 10.
- You have to have at least 8 points. (If you withdraw during a tournament, you will not get any points.)
The maximum amount of credits you can use towards your annual membership fee is 30 credits ($60).