Community Bank Products has created an easy to use program for fellow Community Banks to use to become part of the Gift Card phenomenon by selling Visa Gift Cards at the branch. Click on the links below to find out more of what the Gift Card Program can bring to your bank.
Community Bank Products operates a user-friendly internet web site to give community banks the ability to order cards, safely load and activate cards on the spot, and track card inventory and sales success.
Cost of cards to the Community Bank = $1.25 per card + shipping and handling
Suggested retail price - $2.50 per card, 25 card minimum order
Shipping costs - $25.00 per order up to 250 cards, $0.10 per card over 250
No charge for initial point-of-purchase and marketing materials
Blocked merchant category codes of internet gambling and pay-at-the-pump gas
Restaurant transactions may receive a 20% mark-up to cover tips
No ATM access
Monthly maintenance fee - $2.00 per month beginning in the 5th month, 121st day, after activation only on the active balance
Inactivity fee - $5.00 per month beginning the 7th month, 181st day, after card has become inactive only on active balance
Re-Issue fee - a charge of $15.00 will be subtracted from the balance of the card prior to replacing any lost or stolen card