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MONTHLY MINIMUMS

As the Club is a 12-month facility it was deemed appropriate that all facilities (other than the Golf Course) remain open for that entire period. Monthly minimums are merely a commitment to spend a minimum specified amount in food and beverage each month so that the Club can continue to provide a consistent level of service. Minimums are used to guarantee activity for staff so that they remain busy and continue to generate gratuity income. Credit Valley’s minimum house account protocols have been designed to achieve that outcome.
 
Minimum House Parameters

  • There are 3 billing periods for different member groups based on the first letter of the member’s surname.

  • Members with last name beginning with letters A-E have the period ending on the 10th of the month, F-M is the 20th of the month and N to Z is the last day of the month.

This staggered protocol helps the dining room in spreading out the activity on a monthly basis. If all members were aligned with the last day of the month, then we would not be able to accommodate everyone on the last weekend of the month.

Minimums are based on a monthly commitment as opposed to a bi-monthly, semi-annual or annual approach. As noted above, this protocol has been designed to keep activity consistent throughout the 12 month period to provide consistent levels of activity and gratuity income for staff during the less busy months.

Specifics

  • Minimums F&B spending is essentially a commitment of  $75.00 for each member, per month (excluding Honourary, Non-Resident, Junior and House Members)

  • Minimum charges are only levied when a member fails to spend $75 in a particular month. The minimum will be added to reach that amount (ie. if a member spends $25 for the month, then an additional minimum house charge of $50, will be added to attain the $75 minimum).

  • Gratuities are applicable for all minimum charges and are billed at 18% in addition to the minimum house charge.

  • All Food and Beverage purchased at the Club (non-Club event) is applicable to the minimum requirement regardless of F&B service location (Halfway House, Locker Rooms, Valley Grill, Patios or Lounges, F&B Cart, are all eligible)

  • Snacks and/or Alcohol are also eligible for inclusion in the minimum spending requirement (The minimum is not just food)

  • Any catering business that is billed through a members account is eligible for inclusion as part of the minimum spending requirement.

Refunds

  • If a member has been billed a minimum house charge for a month or series of months that they are not at the Club, any charges will be 100% refunded if their total aggregate spending in food and beverage (not including gratuities) reaches $1800 per year. This refund option was put in place for those that are great supporters of the Club (double the annual monthly commitment of $900) and was also designed to help those who are away all winter in southern climates. The refund option gives them an opportunity to recoup billed amounts for winter months by being very active at the Club during the summer months.

  • Refunds occur in the month when the $1800 threshold is achieved.