A redeemable can be configured to be gifted to a guest on an ongoing basis when the redeemable is being setup. The redeemable can also be set to expire after a certain amount of time in order to prevent guests from holding on to their redeemables.
This is to assist in driving the guest to utilize the redeemable and the loyalty program as a whole and in turn the guest spending more.
For example, if the redeemable is set to gift to the guest 1 time a week for a year then the "expiry (in days)" needs to be set to 7 days.
The 'Recurrence' is configured under section 3 "validity" of the configuration of the redeemable.