What is a prepaid card?

What is a prepaid card?

There are many prepaid cards on the market, but none like the Pluxee Card!

Now available as a Virtual Only solution, providing your prepaid card details digitally and instantly, here’s what our Pluxee Card can do for your people and business.

• It's a cashback-earning, salary-stretching employee benefit.​
• You can use it to issue cash rewards and bonuses.​
• You can use it within your sales incentives channels.​
• It's an impactful way to reward loyalty and enhance membership schemes.

Powered by Visa, your employees and members can use our Pluxee Card wherever Visa prepaid cards are accepted, online and in-store worldwide.

How employers can use our prepaid card

Combining employee rewards and benefits solutions is a topic we explore in detail in our blog, Streamline reward and recognition with employee benefits using one digital solution.

Use our prepaid card as an employee benefit: Encourage employees to sign up to receive their Pluxee Card, and you can add funds to their balance to enhance their financial wellbeing.

Use our prepaid card as an employee reward: Once you’ve embedded our Pluxee Card into your employee benefits offering, it makes sense to use it to reward your people, too. The same rules apply - load your employee rewards, gifts and bonuses directly onto their prepaid card, and they can start spending.

Why choose a prepaid card for employee rewards?

All financial rewards are the same, right?

Not necessarily. 

If you issue cash rewards directly to your employees' bank account as part of their salary, it’s likely to get eaten up with the rest of their monthly outgoings. By loading employee rewards onto our Pluxee Card, you’re putting their money into a different account, and they’re more likely to spend it on something that brings them joy.

Employee rewards + joyful living = better employee engagement and retention.

The Pluxee Card as a cashback card

One of the most convincing reasons to embed our Pluxee Card into your employee rewards and benefits strategies is that it’s also a cashback card.

We partner with over 80 of your employees’ favourite high-end and high street retailers, allowing us to offer up to 15% cashback when your people use their cashback cards as payment.

Whatever money you or your employees load onto their prepaid cards - because once they have it, they can keep topping up - gives something extra back.

Say you load a £150 reward onto their Pluxee Card, and they spend it at a retailer offering 8% cashback. They’d get £12 added back into their prepaid card account. 

Earn while you spend! It’s a small amount in isolation, but if they continue to add funds and use their cashback card regularly, their cashback pot will soon grow.

Cashback cards for the family

The positive impact doesn’t stop there! You can allow your employees to apply for a partner card, giving them even more opportunities to earn cashback. It doesn’t matter who picks up the weekly shop when partners have a prepaid cashback card.

Rather give your partner card to your child?

Help children heading off to university control their spending and stretch their loans, earnings, or their parents' generous contributions further by letting them apply for your employees’ partner card.

Discover why UK households need to stretch their money further than ever before.

Why we made our cashback card virtual

We’ve shared the benefits of streamlining strategies and how our Pluxee Card - a cashback card - stretches money further. What about the virtues of virtual?

We’re proud to say that we started our journey to virtual by operating a virtual-first model as soon as the solution was ready. Now, we’re migrating our Pluxeers to Virtual Only.

What does this mean for our people?

We produce our physical Pluxee Cards from recycled PVC, and our Pluxeers can use their current cards until they expire, at which point they’re going virtual! This phased migration takes us one step closer to achieving our NET Zero ambitions, and it can do the same for your business.

What are your ESG and CSR commitments? Here’s how our Virtual Pluxee Card can help you reach them.

Our Pluxee Cards have a carbon footprint of 414.86 gCO2e per card (on average), including production, distribution and end-of-life emissions. If you have 2,000 employees using it and you transition them to the virtual card, you could reduce your organisation's carbon emissions by 0.83 tCO2e!

Sustainable employee benefits are the future. The C-Suite increasingly challenges HR professionals to show how their employee rewards and benefits strategies support ESG and CSR ambitions. Whether it’s increasing the uptake of a Cycle to Work or Green Car scheme, the pressure is on to make a positive impact.

A digital, streamlined employee rewards and benefits solution that’s paper- and plastic-free ticks the boxes for CSR while significantly enhancing employee financial wellbeing.

Discover what it means to be a socially conscious employer. Earning that coveted title can help you attract and retain talent.

What is a prepaid card, and what can it do for your business?

You’ve got to know our Virtual Pluxee Card now, and you’re probably as excited about its potential in your business as we are.

Here’s a Pluxee Card recap:

• It’s a prepaid card that you can use to load cash rewards, gifts, and bonuses.
• It’s a cashback card that stretches your employees' money further.
• It can help you reach your ESG and CSR goals.

Ready to see how our Pluxee Card can help your people and business thrive? Request a call today.