Perk.com, a cloud-based mobile rewards platform provider, has rolled out a new prepaid card, in partnership with Marqeta.

Dubbed Perk Plastik, the new card will enable users to convert Perk Points into money available for use at retail or online organisations.

Perk members will be allowed to enrol in the new offering using the latest version of Perk Wallet.

The card will be directly linked to a member’s account, with Perk Points to be directly transferred into funds accessible via the card.

The card will run through the Discover Network and can be used by members anywhere Discover is accepted.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Commenting on the new launch, Perk.com CEO Ted Hastings said: "With Perk Plastik, we provide our members with greater personal financial flexibility and versatility when it comes to redeeming their Perk Points.

"Providing options in the form of rewards we offer a competitive advantage over any rewards platform with a defined set of rewards in a catalogue, this drives user engagement and entices new members to utilize our apps."