Prepaid card provider Netspend, a TSYS Company (NYSE: TSS), and United Airlines (NYSE: UAL) have launched the MileagePlus GO Visa Prepaid Card, the first prepaid card program in the US offering a consumer the opportunity to directly earn miles for qualifying purchases made with a prepaid card, the company said.
The card will be available summer 2017 and will reward cardholder spending with award miles that can be redeemed through United´s MileagePlus loyalty program.
Travelers will be able to order a MileagePlus GO Visa Prepaid Card online using their active MileagePlus account number. It will carry the Visa logo, and will be issued by Republic Bank. The card account will be FDIC-insured on a pass through basis and offers electronic anytime alerts to help cardholders monitor spending.
Austin, Texas-based Netspend, a wholly owned subsidiary of TSYS, is a prepaid card provider with a mission to empower consumers with the convenience, security, and freedom to be self-banked. Consumers can reload and find Netspend Prepaid Cards nationwide through its extensive network of 130,000 reload points and more than 100,000 distributing locations and employers.
United Airlines and United Express operate more than 4,500 flights a day to 335 airports across five continents. In 2016, United and United Express operated more than 1.6 million flights carrying more than 143 million customers. The airline operates 737 mainline aircraft and its United Express partners operate 483 regional aircraft, and is a founding member of Star Alliance, which provides service to 192 countries via 28 member airlines.