I am looking for recommendations for an affordable and convenient option to provide prepaid credit cards as an incentive to our employees. Currently we order them from our local bank, and they seem affordable (cost is card value plus 10%- since they are only worth $25 each, it only costs us $2.50 per card), but we have to order 200 at a time, which lasts us most of the year. They all have to be activated at the same time, and they start losing their value after the first 12 months. So anyone who receives their incentive card 11 months after they are purchased better hurry up and use it before the card declines in value. This is not ideal. Does anyone have a recommendation for a different company that may be more convenient by letting us order the number of cards we need each month, but still remain affordable?
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Stephanie Magenau, CCIFP Bachelor of Accountancy, CCIFP
Controller
Construction Engineers, Inc
Grand Forks ND
(701) 792-3200
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