Yes, we have been using Tremendous for a few years. We haven't had any problems. Our customers have successfully redeemed the gift cards. I asked them how they make their money, they said they can buy gift cards in bulk at a discount and they charge us full rate. So I believe they make their money that way. It's legit.
CEO of PropelGrowth, Financial Services Content Marketing Expert
0
0
Read the terms of service and FAQs from the customer side before you go with this company. They're likely to just keep much of the money you load onto prepaid cards.
I received a payout from a class action lawsuit and decided to put it on their prepaid master card. Only after I selected that did I learn this:
Your transaction has to be equal to or less than the value on the card. You can't load more money to the card, and transactions won't process if you try to use a second card to pay the remaining balance.
Here's the details from their FAQ page:
- **How do I use my card?**
Your card can be used to make purchases, like you would use a credit card, as long as the amount authorized for the transaction does not exceed the available balance. At checkout, you can use your own address as the billing address.
- **Where can my card be used?**
Your card can be used at any merchant in the United States and District of Columbia where Mastercard is accepted. However, whether or not the specific merchant accepts prepaid cards as payment is at their discretion.
- **Can I use my card in a physical store?**
Your card can be used in-store only if the merchant is able to manually enter your card information.
- **Can I withdraw cash from my card?**
No, you cannot withdraw cash from the Tremendous Mastercard. The card cannot be used at ATMs or on apps like Venmo.
- **How do I load funds onto my card?**
Your card has been issued to you with a specific value and is not reloadable.
Yep! I know it's hard to believe because they don't charge businesses for their service, so I was also initially skeptical. But they make money off the gift card partners - it's perfect!
CEO of PropelGrowth, Financial Services Content Marketing Expert
Report a Concern
If your customer chooses a master card, then they'll keep a portion of the money, drawing down fees annually. - **How do I use my card?** Your card can be used to make purchases, like you would use a credit card, as long as the amount authorized for the transaction does not exceed the available balance.
Tremendous is the simplest way to send rewards and payouts around the world. Send a dozen payouts (or a thousand) in minutes.
We handle all the tricky stuff so you can easily send incentives to re
With over 2.5 million reviews, we can provide the specific details that help you make an informed software buying decision for your business. Finding the right product is important, let us help.
or continue with
LinkedIn
Google
Google (Business)
Gmail.com addresses not permitted. A business domain using Google is allowed.