Frequently Asked Questions
- What is the Visa Incentive card?
- Are Visa Incentive cards different from Visa Gift cards?
- Can the same card be used for any program, such as a consumer promotion and an employee incentive program?
- How can my business benefit from the Visa Incentive card?
- How do customers and employees benefit from the Visa Incentive card?
- Is it possible to put my company's name and logo on the face of the Visa Incentive card?
- Is it necessary to provide my bank with a name for each Visa Incentive card recipient?
- What are the benefits of personalized and non-personalized cards?
- What happens if the Visa Incentive card is lost or stolen?
- Can the cardholder overspend the available balance on their Visa Incentive card?
- How can Visa Incentive cards be used for consumer rebates?
- How can Visa Incentive cards be used for consumer promotions?
- How can Visa Incentive cards be used for employee rewards?
- How can Visa Incentive cards be used for trade incentives?
- How do I implement a program using Visa Incentive cards?
What is the Visa Incentive card?
The Visa Incentive card is a prepaid card that can be used at millions of locations where Visa cards are accepted. It offers an innovative way to reward employees, partners, and distributors, and recognize loyal customers.
Because it is a prepaid card, spending is limited to the amount of money placed on the card. Each time the card is used, the purchase amount is automatically deducted from the card balance.
Are Visa Incentive cards different from Visa Gift cards?
Yes. Visa Incentive cards are always funded by a business entity, while Visa Gift cards may be purchased by a consumer. However, some small businesses may use Visa Gift cards to offer incentives to employees. Visa Gift cards are not reloadable, but Visa Incentive cards can be.
Can the same card be used for any program, such as a consumer promotion and an employee incentive program?
Yes. Although your business may need to tailor certain aspects of the program, such as cardholder terms and conditions that address specific legal or operational requirements, the same card can be used to support multiple incentive programs.
How can my business benefit from the Visa Incentive card?
Visa Incentive Cards offer your company an efficient, economical and easy-to-administer alternative to traditional incentive programs.
How do customers and employees benefit from the Visa Incentive card?
Recipients of a Visa Incentive card have the freedom to reward themselves with whatever they want - at millions of locations worldwide where Visa cards are accepted. Recipients have the added benefit of avoiding the inconvenience of having to cash a cheque or complete additional steps in a traditional incentive fulfillment process. Unlike cash or cheques, the Visa Incentive card is protected by Visa’s Zero Liability* program.
Is it possible to put my company's name and logo on the face of the Visa Incentive card?
Customization is available for businesses wishing to offer an incentive program. Customized Incentive cards can help you increase employee satisfaction, influence consumer behavior, motivate partners and sales teams, and drive sales while building your brand loyalty. Check with the card provider to determine the available card design options.
Is it necessary to provide my bank with a name for each Visa Incentive card recipient?
Both personalized and non-personalized cards are available. Please check with the card provider to determine which option is right for your business.
What are the benefits of personalized and non-personalized cards?
Personalized cards allow the recipient's name and a custom message to be embossed on the face of the card. Non-personalized cards have no embossed message or name. The cardholder benefits are the same whether the cards are personalized or not.
What happens if the Visa Incentive card is lost or stolen?
Visa Incentive cards are covered by Visa’s Zero Liability* policy, which protects the cardholder from fraudulent use of a lost or stolen card. Lost or stolen cards can be replaced. When the cardholder realizes the card has been lost or stolen, the card provider should be notified immediately.
Can the cardholder overspend the available balance on their Visa Incentive card?
Visa Incentive cards can be used in place of traditional cheque rebates and offer an effective and innovative way to increase the impact of a promotional reward. Use them to help enhance your business image and build loyalty, while reducing costs associated with distribution.
How can Visa Incentive cards be used for consumer promotions?
Visa Incentive cards offer an exciting approach to promoting your brand and marketing message. They are a cost-effective alternative to traditional promotional incentives and an innovative way to increase the impact of a promotional reward. Use them to help enhance your image and build loyalty, while reducing costs associated with distribution. Visa Incentive cards can be used for such promotions as car test drives and loyalty programs.
How can Visa Incentive cards be used for consumer promotions?
Visa Incentive cards offer an exciting approach to promoting your brand and marketing message. They are a cost-effective alternative to traditional promotional incentives and an innovative way to increase the impact of a promotional reward. Use them to help enhance your image and build loyalty, while reducing costs associated with distribution. Visa Incentive cards can be used for such promotions as car test drives and loyalty programs.
How can Visa Incentive cards be used for employee rewards?
Visa Incentive cards can be used for recognizing and rewarding employee performance and service, individual or team milestones for months without injury or accident, reduced days for illness or injury, and for following or documenting safety procedures. In addition, the card can be used to pay out bonuses and recognize sales performance or sales training completion.
How can Visa Incentive cards be used for trade incentives?
Visa Incentive cards can help expand distributor relationships and drive sales by providing an economical, flexible, and easy-to-administer alternative to traditional incentive programs. Visa Incentive cards help create new revenue streams and generate incremental revenue from existing business.
Visa Incentive cards can be used in place of traditional incentives to motivate distributors or channel partners to sell new and existing products and services for your company.
How do I implement a program using Visa Incentive cards?
Contact a participating card provider to learn about their specific offerings, including custom programs.