Loyalty Superstore to Issue 5 Million Prepaid Cards

Aug 25, 2015, 14:46 ET from Loyalty Superstore

BOCA RATON, Fla., Aug. 25, 2015 /PRNewswire/ -- Loyalty Superstore and its operating Division, Local Thanks have signed agreements that will result in the issuance of Loyalty Superstore Discover Virtual Accounts with a promotion to elevate them to plastic cards that will run on the Discover Global Network.

This unique program automatically issues all Loyalty National Mall rebate members, and Local Thanks members, a company branded Virtual account that they can use to load their Mall rebates onto and then spend like cash on any website where Discover is accepted. 

The virtual account comes with valuable customer benefits such the ability to load cash rebates from shopping in the Loyalty Superstore National Mall of over 1200 retailers. In addition, members receive discount cards for Office Depot, Avis & Budget Car Rental, prescriptions and pet prescriptions, resort vacations, magazine and concierge service, plus bonus points for shopping that can be utilized in a redemption merchandise catalog – all for FREE.

Martin Berns, Loyalty Superstore CEO stated, "All consumers will have the ability to upgrade to a full service plastic Reloadable Discover Card that they can use as their everyday debit card. The card has no monthly fees, no POS fees, free ATM access, no customer service fees and many more savings features. There is a low $26.95 annual fee that includes an extra value package worth substantially more than the cost. These benefits include a $25 Restaurant Certificate, good at 60,000 locations nationwide, an ID Theft Protection Insurance Policy, and the ability to Freeze the card [turn it on and off] on demand, for even further security."

Both accounts feature cash back rebates plus a Bonus Point program. The consumer's cash back rebates can be loaded directly onto the card which can then be spent everywhere Discover is accepted.  Additionally, Card holders earn bonus points with every purchase that can be spent in a catalog to buy down the price of merchandise and services by as much as 70%.

Mr. Berns added, "We presently have clients under contract that have nearly 5 million customers and we expect that number to increase significantly over the upcoming period."

Local Thanks provides a bundled box of technology based marketing tools for enhancing local merchant's revenue and profits for about the cost of a cup of coffee a day – and even provides the customer service to do the work.

ABOUT LOYALTY SUPERSTORE

Loyalty Superstore (www.loyaltysuperstore.com) and its management team have over 20 years of experience in the incentive industry and in building rewards/rebates web based loyalty shopping mall platforms that showcase over 1200 national merchants. Our one of a kind technology allows clients to customize the platform instantaneously with their own graphics, videos, text and information.

Additionally, the company offers its Local Thanks (www.merchant.localthanks.com) marketing program whose mission is to create sustainability and profitability for small to medium sized merchants by providing them the tools of modern marketing at a cost they can afford.

For further Information contact: Martin Berns, CEO, martin@loyaltysuperstore.com  

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SOURCE Loyalty Superstore



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