SOURCE: Blackhawk Network

December 01, 2009 14:48 ET

Blackhawk Network Announces No Fees After Purchase for Visa® Gift Cards

No Monthly Fees, No Transaction Fees and No Expiration Fees

PLEASANTON, CA--(Marketwire - December 1, 2009) - Blackhawk Network, a market leader in card-based financial solutions and the largest provider of third-party gift cards in the United States and Canada, today announced the company has eliminated fees after purchase for Visa Gift cards sold through Gift Card Mall™ and GiftCardMall.com.

Effective immediately, all Visa Gift cards sold at Blackhawk Network's Gift Card Mall will not include monthly service fees or charges for lost or stolen replacement cards. Consumers purchasing gift card products with the Visa symbol sold through Gift Card Mall will now have even greater benefits and cost savings by using the no fees after purchase Visa Gift cards.

"Our move to offer no fees after purchase Visa Gift cards is in response to the feedback from our customers, especially in these economic times," said Talbott Roche, senior vice president of Blackhawk Network. "More and more consumers are seeing the value in prepaid cards not only for gifting but for self use and budgeting. Every penny counts and we are pleased to offer our customers no fees after purchase Visa Gift cards to save them money this holiday season and in the future."

Gift Card Mall is available to consumers through an exclusive retail network of leading grocery, mass, convenience, drug and specialty retailers as well as online at GiftCardMall.com. The network includes over 350 prepaid cards reaching more than 165 million consumers each week.

"No fee after purchase" began November 30, 2009 and applies to new and already purchased "The IDEAL Gift" VISA gift cards. See Visa® Gift Cards Terms and Conditions for foreign transaction fee detail and other non-fee terms and conditions, which remain in effect. The Ideal Gift Visa® Gift Card is issued by MetaBank™ pursuant to a license from Visa U.S.A. Inc.

About Blackhawk Network

Blackhawk Network is a prepaid and payments network, a market leader in card-based financial solutions and the largest provider of third-party prepaid cards. Blackhawk Network develops unique products in easy-to-use formats and delivers them to consumers through an exclusive retail network of leading grocery, mass, convenience, drug and specialty retailers. The network reaches more than 165 million consumers each week. Headquartered in Pleasanton, California, Blackhawk Network is a subsidiary of Safeway Inc, with offices in the United States, Australia, Canada, France and the United Kingdom. For more information about Blackhawk Network visit www.blackhawknetwork.com.

About MetaBank™

MetaBank is a federally chartered savings bank headquartered in Storm Lake, Iowa. Meta Financial Group, Inc® is the holding company for MetaBank, Meta Payment Systems®, and Meta Trust Company®. The Meta Payment Systems (MPS) division of MetaBank based in Sioux Falls, South Dakota, is a recognized leader in the prepaid card industry and provides innovative payment solutions delivered nationally in collaboration with market-leading partners. MPS focuses on offering specific product solutions in the following areas: (i) prepaid cards, (ii) credit cards and lending solutions, and (iii) ATM sponsorship. Meta Financial Group is traded on the NASDAQ Global Market®: CASH.

Contact Information

  • Contact:
    Meghan Fintland
    MWW Group
    415-318-4332 (office)
    415-202-4339 (mobile)
    Email Contact