Everest Poker recently announced that the new Summit Club had been launched, touting it as one of the richest and most comprehensive player loyalty programs in the online poker industry.

Through the VIP Summit Club, players at Everest Poker are now eligible for unlimited, continuous benefits based on their level of play. That includes the opportunity to convert Summit Points into cash - up to $5,000 per month.

Other key components of the program include:

[ul][li]Bonus Summit Points, up to 750%[/li][li]Priority Customer Service[/li][li]Live Tournament Registration[/li][/ul]

All it takes to enroll in the VIP Summit Club is for a player to log into his Everest Poker account and go to the "My Account" section. Once there, just click on the "VIP button," and agree to the terms and conditions. Once done, the player is enrolled.

Once a player is enrolled, his VIP Summit Club tier will be seat at the beginning of each calendar month based on the Summit Points he earned in the prior month. The tiers are set as follows:

Tier

Points Required

Base Camp

500

Camp I

3,000

Camp II

10,000

Camp III

20,000

The Death Zone

30,000

The Summit

50,000

If you earn at least 500 Summit Points during the month you enroll, then you'll start receiving your tier benefits on the first day of the following month.

For example, if you earn 556 Summit Points in November, you'll have Base Camp benefits for the month of December. When Jan. 1 comes up, you'll be placed in a new tier based on how many Summit Points you earned in July.

Your benefits are guaranteed for one month for each tier except the Death Zone and the Summit tiers.

Players in the Summit or Death Zone levels are guaranteed not to fall for three months, so once you're there you won't fall out of that status for the next three months no matter how many points you rack up.

So what are these benefits you'll get as a VIP Summit Club member? At the heart of the program is the ability to convert Summit Points into cash. As you move up in tiers, you gain more Bonus Summit Points, and you gain the ability to convert more of them directly to cash.

Each tier also has its own Summit Points bonus rate, so the higher up you are, the more points you earn as well. Here's how it breaks down:

VIP Tier

Bonus Rate

Monthly Points-to-Cash Limit

Base Camp

250%

12,500 points to $50

Camp I

500%

62,500 points to $250

Camp II

600%

187,500 points to $750

Camp III

650%

250,000 points to $1,000

The Death Zone

700%

500,000 points to $2,000

The Summit

750%

1,250,000 points to $5,000

Other benefits include bonuses for referring friends, freeroll eligibility, exchanging Summit Points for live tournament buy-ins and more.

For more information about this and other promotions up for grabs, visit Everest Poker.

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[ul][li]Everest team achieves tournament success[/li][li]Caribbean Sun for Everest Poker players[/li][li]Everest Poker to cosponsor German poker league[/li][/ul]
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