Three years ago, Verizon launched a new loyalty program called Smart Rewards that gave customers points for paying their bill and doing other account-related tasks. These points could be used to get discounts on products. Now Verizon Smart Rewards is being phased out in favor of a different program.

Verizon Up is a new rewards program for Verizon customers. With this program, you earn points for paying your monthly bill that you can then apply to rewards. You get one credit for every $300 you spend on Verizon products and services on your bills, and you can build up credits over time, though Verizon says that Up credits expire after 60 days.

There are three primary rewards available in Verizon Up:

• Earned Rewards: You can get these rewards for one credit each. Each month there will be six reward options available, which can include Device Dollars that can be used toward a new device purchase, discounts on accessories, or partner rewards.
• Unexpected Rewards: Verizon will occasionally send you offers on special occasions, like the anniversary of you becoming a Verizon customer. These rewards don’t require any credits.
• Super Tickets: Special access to sporting events, shows, and concerts. These Super Tickets will have a countdown when they appear, and when it hits zero, you can claim the tickets. They’re available on a first come, first served basis.
• Verizon also plans to offer Dream Tickets for once-in-a-lifetime experiences. These Dream Tickets will be available to select customers.

In order to enroll in Verizon Up, you’ll also need to enroll in Verizon Selects. The Verizon Selects program will gather information about your phone, including the sites you visit, the apps you use, your postal and email addresses, info about the Verizon services you use, and device location info. These details can be shared with Oath, the combined company of AOL and Yahoo, as well as vendors who work for Verizon. The goal of Verizon Selects is to make personalize the marketing you see.

While Verizon Up might offer some nice rewards, it’s worth remembering that you’ll need to give up a lot of personal information via Verizon Selects in order to get the chance to get those rewards. If that sounds ok to you, then you can enroll in Verizon Up using the My Verizon app.

Existing Verizon Smart Rewards customers can use their remaining points until October 31st. The Verizon Smart Rewards program will officially go away on November 1st, 2017.