Rewards
Credit unions must find innovative ways to stand out from their competitors. One way to quickly become your members’ primary financial institution is by offering competitive member rewards programs. Incentive programs allow credit unions to establish and maintain positive relationships with their members, attract new members, and increase product usage, helping the credit union and its members succeed. One solution would not fit the needs of each credit union. While we can integrate with nearly any program, our team of experts has vetted and is pleased to promote three primary rewards solutions: Synergent Rewards, uChoose Rewards®, and ScoreCard® Rewards by FIS.
Synergent Rewards:
Product Usage Rewards, Charitable Donations, Relationship Rewards, Jack Henry Symitar Core Integration
Synergent Rewards is a turnkey, cost-effective incentive program for credit unions and their members that integrates directly with the Jack Henry™ Symitar® core processing platform. Building on the relationship between credit unions and their members, it empowers credit unions to control the criteria set for members to qualify for rewards, such as:
- Defining qualifying card transactions (higher yield dividends, ATM fee refunds, cashback programs, etc.)
- Completing a minimum number of ACH or ATM deposits or withdrawals
- Setting minimum use requirements for digital banking
- Requiring eStatements
- Matching rewards cycle with statement cycle
This simple, intuitive member loyalty program allows members to enroll, then efficiently rack up their rewards by conducting normal day-to-day transactions.
uChoose Rewards
Points Rewards, Merchant Loyalty, Charitable Donations
uChoose Rewards is a points-based member loyalty program that allows members to earn points for using their credit union-issued debit or credit cards. This program is able to serve both your consumer and small business members, encourages member retention, and incentivizes debit and/or credit card use.
- Boost transactions
- Increase revenue
- Improve profitability
With over a million redemption options, there’s truly something for everyone. The Merchant Network includes over 8,000 local and regional retailers, along with well-known national chains. You can even add your own business members to the network for free! To further drive usage and points accrual, members have the option of pooling points for faster accumulation toward redemption.
ScoreCard Rewards
A Loyalty Rewards Solution Exclusively for FIS Credit Customers
For FIS Credit customers, ScoreCard Rewards® is a seamlessly integrated member loyalty rewards solution. Credit unions have the option of offering members the plug-and-play website or a custom website that reflects their own branding. Regardless of the selected interface, members are able to:
- Check point totals
- Browse for rewards
- Redeem points
- See real-time updates
Members are able to select from thousands of merchandise options available through the platform or can save instantly at participating retailers. They also can opt to receive gift cards, cash, charitable awards, digital awards (such as music downloads), or travel options.