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I'm looking to buy a second contract(resale) for some additional points, the thing is, it's less than 77k, so my question is do you get any housekeeping and reservation credits when you buy a contract less than 77k?
If it's your only contract you would get 1, since each account gets at least one per year. The OP is adding to an existing account, so it would only generate an additional RT if it pushes his total over a multiple of 77.
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