Clydesdale & Yorkshire Bank adds pre-paid debit card

Clydesdale & Yorkshire Bank has added a pre-paid debit card to its voluntary benefits scheme for its 11,500 employees.

Staff can apply for, and load money onto, the card online. This can then be spent at a number of high street retailers and leisure firms including: Asda, Argos, TGI Fridays and Marriott Hotels.

Staff benefit from discounts of up to 10%, which are awarded using a rebate system. Employees’ transactions are tracked by the scheme provider, P&MM, and the next time they load money onto the card, they receive the savings. Catriona McDonald, affinity marketing manager, said the bank wanted to offer discounts that reflected its forward-looking culture without the administration of a traditional voucher scheme.