Products and Services Offered Through This Provider
Buzz Points is an integrated rewards and marketing platform designed to drive revenue, increase member loyalty and help local community businesses.
What is Buzz Points?
The Buzz Points rewards platform is a powerful toolset enabling credit unions to increase and sustain members and drive revenue growth. In addition, Buzz Points is also the only reward program that incorporates a “bank local, shop local, redeem local” philosophy that benefits credit unions, their members and local businesses. As a result, Buzz Points is the only reward program that is a CUNA Strategic Services alliance provider.
How Do Credit Unions Benefit?
- Increased non-interest income
- Enrolled Buzz Points cardholders have 65% more card swipes per month, compared to national averages (Buzz Points results compared to national averages cited by PULSE, “2014 Debit Issuer Study,” June 2014)
- Stronger, more positive relationships with members, pushing your card to top-of-wallet
- Buzz Points enrollees have a 45% lower churn rate compared to the national average
- Ability to cross-sell products and services
- Award points for desirable behavior such as enrolling in e-statements or getting approved on an auto loan
- Strengthen your reputation with local businesses in your community
- Innovative mobile app adds technology sophistication to your member offerings
Why This Provider Over Another?
- Transparent pricing that’s the best in the industry
- No point liability – Buzz Points pays for all point redemptions
- Lower cost, higher profitability than competitors
- Industry leading enrollment
- Average of $3-$6 additional interchange revenue
- Dedicated member support, freeing up your employees and resources
- Program can be launched in as little as 90 days
- Superior member experience
- Members earn points for every transaction with your debit and/or credit card
- Buzz Points encourages redemption instead of relying on breakage or non-participation to maintain affordability
- World-class mobile app serves real-time offers from nearby local merchants
- Only program to promote “buy local” movement, offering more valuable rewards at local businesses
Ready to get started?
- For more information or to schedule a demo, contact Brenda Halverson, CUNA Strategic Services alliance manager, at 800-356-9655, ext. 4110, or firstname.lastname@example.org.
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