Ed. Note: The following article is a news release provided by Mission Valley Bank.
Mission Valley Bank has partnered with PayForward to offer a prepaid Visa debit card to clients of the bank in the Santa Clarita Valley.
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The partnership was announced by Mission Valley Bancorp president and CEO Tamara Gurney on Tuesday.
“As a community-based bank, Mission Valley is always seeking new and innovative ways to help our clients and community reach their financial goals. Because of our shared commitment to providing added value to customer relationships, we are introducing the Mission Valley Bank PayForward prepaid Visa debit card to customers,” said Gurney.
The card will rebate users up to 15 percent cash back at over 100 participating merchants in the Santa Clarita Valley. Members will also the option to spend their cash instantly or transfer it to friends, a charitable cause, a personal savings or a bank account.
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“PayForward serves as a platform for consumers to easily fund life’s priorities whether that is saving for vacations, contributing to charities or funding retirement and healthcare,” said Armando Rand, president and co-founder of PayForward. “We designed the new feature to bring that mission to life and provide a unique platform that’s both simple and effective for our users looking to increase their personal discretionary income.”
Last year, Mission Valley Bank introduced the Give Where You Live SCV initiative to support nonprofits within the community.
Gurney said that the PayForward card could allow cardholders to keep the giving going by designating local charities to receive rebate benefits.
Residents interested in receiving a Mission Valley Bank PayForward prepaid Visa debit card or linking an eligible Visa card can join here using referral code MVB.
For more information on PayForward and to see a full list of merchant partners, click here.
About Mission Valley Bank
Mission Valley Bank is a full-service, independent, commercial bank specializing in the banking needs of small to medium businesses in the San Fernando and Santa Clarita Valleys.
The Bank was chartered in July 2001, with a vision of local ownership and a commitment to providing financial solutions to meet the needs of its clients.
About PayForward
PayForward is a revolutionary financial technology company providing members with a way to earn cash by shopping at participating merchant partners including restaurants, retail stores, grocers and more.
Consumers can allocate cash earned into multi-fund accounts created for personal causes, charitable donations or both.
Additionally, PayForward offers a number of revolutionary features including free instant money transfers, micropayments and the new Visa Link Card, which allows users to connect eligible Visa debit or credit cards to their PayForward accounts.
Founded in 2013, PayForward was created by accomplished entrepreneurs Armando Rand, Steve Marks and Ronnie Silos to help revitalize America’s economy by aligning the interests of consumers, merchants and enterprise partners globally.
For more information on PayForward, click here.
The PayForward Visa Prepaid Card is issued by Central National Bank of Enid, Oklahoma, Member FDIC, pursuant to a license from Visa U.S.A. Inc.
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