Employee rewards and incentives, such as offering gift cards for employees, have become increasingly popular over the past few years. According to the Incentive Federation, Inc. (IFI), 70% of companies with at least $1million in sales have an employee incentive program. This also means many employees are receiving incentives. Whether it was that extra project you took on at work, the lunch and learn you attended, or the health goals you meticulously tracked in your insurance company’s phone app, there are many opportunities to earn digital incentives. Some of the most popular and flexible digital incentives are digital Visa® or Mastercard® prepaid cards.
If you've already claimed your Visa or Mastercard prepaid card, you may be wondering what exactly you can spend it on. The most important thing to know is that prepaid cards work a lot like debit cards. They can be used at any location, but only for the amount they have loaded.
Check out our list of ten of the most popular ways to spend a Visa or Mastercard prepaid card to get started:
The possibilities for spending your prepaid cards are truly endless, but here are some things you should consider before using them.
No matter how you choose to spend your reward, you'll have peace of mind knowing you can spend stress-free using an awesome digital reward.
If you’re interested in offering a Visa Prepaid Card as part of your employee or customer rewards or incentives program you can request a demo here.
Written by Carie Esquenazi: For the past four years, Carie Esquenazi, a Customer Support Specialist at Tango Card, has been on both the English and Spanish support lines. She helps our recipients and customers send and receive our rewards in the easiest way possible. She’s passionate about customer service, diversity, and inclusion and currently serves on our DEI committee. When she’s not working she enjoys acting, writing, photography, dancing, and baking. Carie was kind enough to lend her support and expertise to write this blog.
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