The AA has partnered with Tuxedo to deliver two MasterCard® prepaid card solutions.
The AA Spend and Earn Card was launched in April 2010 as a general spend card for use in the UK and the AA Travel Currency Cards, available in Euro and Sterling were launched in July 2010 to provide AA customers with a secure and convenient way to manage their holiday money.
The cards provide access to the AA’s generous reward scheme, allowing customers to earn AA Reward Points on all card spends, including double points on motoring, fuel and AA products. Points can be redeemed against thousands of items including retail vouchers, days out, cash back and AA products, including insurance, membership, travel guides and maps.
Mark Huggins, Managing Director of AA and Saga Financial Services comments
Having conducted an extensive review of the UK Prepaid Card market and its key players, the AA selected Tuxedo Money Solutions as its Prepaid Card partner. Tuxedo’s expertise, the strength and flexibility of its eccount platform and the importance Tuxedo places on partnerships were the key factors behind our decision.
Following its appointment, Tuxedo helped us get to market quickly. As well as providing the AA with a market leading Travel Currency Card, Tuxedo was able to build a fully bespoke prepaid product for AA Members who were unsuccessful in their application for an AA Credit card. It is very important for the AA that all of our members are able to access the compelling rewards programme which had previously only been available to our credit card customers.
In order to effect this, Tuxedo successfully and seamlessly integrated with the AA, Bank of America, our credit card partner, and HRG, our rewards provider.
We have been very pleased with Tuxedo’s performance to date. Tuxedo operates with a level of professionalism usually associated with large financial institutions combined with the speed and agility you would expect from a smaller, entrepreneurial business.