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Giftbit Visa Incentive Card

Take control with a new approach to credit card incentives.

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Leif Baradoy@leif · CEO @lightrailhq. Cofounder @giftbit.
Hey Product Hunt, This product is for companies that need to send awesome rewards or incentives and don't want to waste money. 🙂 A problem with traditional gift cards and incentive cards is that recipients forget to spend the full value. The Giftbit Visa Incentive Card let you send a digital or physical Visa card to someone. If they don't spend the full value within a year—despite reminders to do so—then you get credit back for the unspent value. Giftbit ensures you only pay for what people actually spend. I'd love to hear your questions and feedback. - Leif
Simon Burns@realsimonburns · Growth at Opendoor
@leif Congrats on the launch Leif! Looks amazing :) Sure the partnership took a long time to bring together, this is huge news! And wow, the landing page is so smooth!
Leif Baradoy@leif · CEO @lightrailhq. Cofounder @giftbit.
@realsimonburns Thanks, Simon. Yes, this product comes with a significant amount of technical and compliance overhead. The good news is that Giftbit has done the hard work so that people who want to send this card don't have to!
Would you recommend Giftbit Visa Incentive Card to a friend?
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Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
Hey Product Hunt, This product is for companies that need to send awesome rewards or incentives and don't want to waste money. 🙂 A problem with traditional gift cards and incentive cards is that recipients forget to spend the full value. The Giftbit Visa Incentive Card let you send a digital or physical Visa card to someone. If they don't spend the full value within a year—despite reminders to do so—then you get credit back for the unspent value. Giftbit ensures you only pay for what people actually spend. I'd love to hear your questions and feedback. - Leif
Simon Burns@realsimonburns · Growth at Opendoor
@leif Congrats on the launch Leif! Looks amazing :) Sure the partnership took a long time to bring together, this is huge news! And wow, the landing page is so smooth!
Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
@realsimonburns Thanks, Simon. Yes, this product comes with a significant amount of technical and compliance overhead. The good news is that Giftbit has done the hard work so that people who want to send this card don't have to!
Chris Pitchford@chris_pitchford · Co- Founder + Growth @Shyft
Hmm.. So to clarify, as appose to sending a specific gift card tied to a specific brand, this product is redeemable at anywhere excepting VISA? -Thanks
Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
@chris_pitchford You've got it. This card is accepted anywhere that Visa is accepted in the USA. Plus, you can give recipients a digital or physical option. .... and the money-back is sweet.
Chris Pitchford@chris_pitchford · Co- Founder + Growth @Shyft
@leif Damn man! That is sweet. Will definitely be using this @ Shyft for our users. Keep it up!
Dhruba Adhikari@acpmasquerade · Product Director, Picovico
@leif @chris_pitchford If its so, then why do we need to associate the brand cards, instead of labeling them as virtual credit cards ? :thiking:
Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
@acpmasquerade Hey, I'm a little unclear on your question. Could you restate it?
Dhruba Adhikari@acpmasquerade · Product Director, Picovico
@leif My question was, if giftbit doesn't tie cards to specific brand, why is it required to select the brand while creating the cards.
Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
@acpmasquerade Got it. You must have logged into www.giftbit.com. You're wondering why you're only seeing Amazon, Starbucks, iTunes, etc. For compliance, Giftbit has to review any user who wants to send the Visa Incentive Card. You have to apply for it before you'll see the card in your account.
Guy Gal@deleted-6211 · Growth at Joyus
This is an awesome product Leif. Wow.
Daylen@askdaylen · Student and Windows Insider in Vancouver
Any plans for bringing the card to Canada?
Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
@askdaylen Yes! Giftbit's head office is over in Victoria, so we'd love to get a Canadian card going. 🇨🇦 Sadly, it likely won't come until 2017. 😞
antimatterful@antimatterful · CPO @ Marqeta
Congrats on your launch Leif!
Leif Baradoy
Maker
@leif · CEO @lightrailhq. Cofounder @giftbit.
@antimatterful 🙂 Thank you for being part of it!