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How It Works

FreeMonee delivers merchant gifts to consumers through partnerships with national banks and card issuers.

  • Launch a FreeMonee Gift Campaign and bring customers to your store or restaurant.

    FreeMonee’s patent-pending technology allows merchants to drive customers to their store or restaurant by offering small cash gifts directly linked to consumer credit and debit cards. Consumers are notified of their gifts via text or email directly from their bank and use their cash gift to make a purchase.

    Here’s how it works:

    1. 1Create gift campaign objectives with a FreeMonee representative.
    2. 2FreeMonee’s Gift Underwriting Engine analyzes millions of debit and credit card transactions to identify consumers who are right for your business.
    3. 3FreeMonee matches the right gift amount to the customer and notifies their bank that a FreeMonee Gift is ready to send.
    4. 4The consumer’s bank sends the gift message via text or email. It’s 100% permission-based marketing.
    5. 5The consumer uses the credit or debit card to make a purchase. Once the transaction is completed the gift amount is automatically credited to their card account.

    FreeMonee offers merchants much higher returns than traditional direct response promotions such as coupons:

    • Reach millions of households, representing more than $500 billion in consumer spend.
    • 5-8X increase in visitors to your store or restaurant.
    • See results within 7 days.

    Gift Science

    Our proprietary underwriting engine gives us the ability to do something that absolutely no one else can—offer gifts of cash. It’s the power of our advanced predictive analytics that sets us apart.

    See How It’s Different

    Results

    FreeMonee delivers results that will have an immediate and meaningful impact on your business. We are 100% pay-for-performance and every transaction is measured using an industry-standard test and control methodology.

    See Why It Works

     

     

     

  • FreeMonee is an innovative way to engage and retain your cardholders.

    Joining the FreeMonee Gift Network is a new way for card issuers to engage cardholders with fun-to-receive cash incentives provided by merchants.

    FreeMonee makes it easy for financial institutions to earn a new source of revenue while providing customers with something they love.

    Here’s how it works:

    1. 1Issuer signs up to participate in the FreeMonee Gift Network.
    2. 2FreeMonee and the issuer decide on the best implementation option and agree on the specifications.
    3. 3Issuer auto-enrolls cardholders to begin receiving FreeMonee Gifts through existing communication channels, such as email and text.
    4. 4The issuer earns income from FreeMonee Gift Campaigns while motivating cardholders to use their products.

     

    FreeMonee outperforms traditional loyalty and perks programs:

    • Generates a new revenue stream.
    • Increases spend and usage on the cards enrolled to receive FreeMonee.
    • Encourages top-of-wallet behavior with valued cardholders.
    • Boosts cardholder loyalty and engagement.

    Gift Science

    Give your customers another reason to fall in love with your card. Send them lots of gifts.

    See How It’s Different

    Results

    A FreeMonee Gift isn’t a daily deal, coupon or rewards card. It is far more engaging.

    See Why It Works

     

     

  • Consumers love receiving gifts. Research shows gifts prevail—especially when they match their shopping interests.

    FreeMonee Gifts are real cash incentives to try new stores and restaurants that fit your existing purchase habits.

    Here’s how it works:

    1. 1If your bank is part of the FreeMonee Gift Network, they enroll cardholders to receive FreeMonee Gifts. (Tip: you need to opt-in to receive marketing messages from your bank to be eligible for enrollment.)
    2. 2FreeMonee anonymously analyzes your spending habits to identify stores and restaurants you like. We don’t actually know the specific products you buy or any of your personal information.
    3. 3FreeMonee creates a custom merchant gift based on your spending habits and notifies your bank.
    4. 4Your bank in turn notifies you that your FreeMonee Gift from the merchant is available to spend. This notification arrives via text or email directly from your bank.
    5. 5You make a purchase at the store or restaurant that gave you the FreeMonee Gift. The gift value is credited to your debit or credit card after you make a purchase.

    Gift Science

    Neither FreeMonee nor participating merchants ever have access to your name or any personal information

    Results

    FreeMonee is a program offered by your bank or financial institution. Get in touch with them directly to find out if they have a FreeMonee program and how you can participate