The move is the latest initiative by SAFE to provide members
with top-notch digital banking experiences.
FOLSOM,
Calif., Oct. 14, 2024 /PRNewswire-PRWeb/ -- To
provide an additional benefit to members, not-for-profit SAFE
Credit Union now offers a rewards program with cash back from
online gift cards purchased for national retailers the likes of
Target and Amazon.
"Digital gift cards offer an extra level of
purchasing power," says SAFE Credit Union Chief Technology Officer
Mike McCarthy.
SAFE is partnering with New
York-based Fintech Prizeout to offer its new Gift Card+
rewards program. The completely digital experience – from
purchasing, delivery, and card usage – allows members to easily
earn cash back after purchasing digital gift cards for top national
brands.
Gift Card+ gift cards can be purchased through SAFE Credit
Union's Online Banking or Mobile App in amounts ranging from
$5 to $500 each, with each earning from 2 to 30 percent
cash back.
"Our Gift Card+ program supports our promise to increase digital
experiences and engagement with our members," says SAFE Credit
Union President and Chief Executive Officer Faye Nabhani. "Providing more 'ease of use' to
upload these gift cards, and at a savings, for friends and family
or to shop for everyday purchases is a prime example of how we are
working to help our members build financial freedom."
The rewards program also offers an opportunity for the credit
union to share with its members and consumers the added convenience
and security purchasing digital gift cards can often provide.
"Digital gift cards offer an extra level of purchasing power,"
says SAFE Credit Union Chief Technology Officer Mike McCarthy. "They come directly into your
email, and you can forward them to participants. No more losing a
physical card in a drawer somewhere or having yet another piece of
plastic to throw away."
The digital gift cards are sent to SAFE members via email and
can be easily opened in the SAFE Mobile App's Gift Card+ tool, and
in some cases can be uploaded into their personal digital
wallets.
The cashback rewards can be deposited directly into a SAFE
member's checking or savings accounts or applied toward more gift
cards.
A not-for-profit credit union, SAFE shares profits with its
members through dividends and low interest loan rates and fees and
provides financial education to communities within the 13 counties
it serves.
About SAFE
SAFE Credit Union is a not-for-profit, state-chartered credit
union in Northern California with
over $4.6 billion in assets and more
than 236,000 members. Insured by NCUA.
Media Contact
Robyn Eifertsen, SAFE Credit
Union, 916-809-7002, robyn.slagle-eifertsen@safecu.org,
safecu.org
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SOURCE SAFE Credit Union