FedEx Offers Prepaid Cards for Customer Loyalty

FedEx customers who are regular users of its shipping service can now earn rewards for the things they ship. Customers earn points that they can redeem for the Tango Card, a prepaid card that can be redeemed at a shopping site offering gift cards from merchants, charitable donation links, and cash redemption options.

Tango Card, a Seattle based prepaid card company, recently launched a loyalty and incentive program with FedEx. The program allows FedEx customers to earn rewards for use of FedEx services and products. Once a FedEx customer has earned enough points to redeem for a reward, they can choose to redeem them for an “all-in-one Tango Card”. The Tango Card can be delivered to the FedEx customer via email or through a mobile device, and gives the customer the flexibility to use the reward to select a gift card from a number of premier retailers, donate any portion of the value to a non-profit (such as Habitat For Humanity), or redeem any unused value for cash.

As a rewards program, the Tango Card may introduce some friction by requiring people to redeem their points for a Tango Card and then redeem the Tango card for a reward. However, the ability to redeem the card for a variety of rewards may be enough to overcome that hurdle in the minds of users.

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