SEATTLE—Starbucks and Chase are rolling out the Starbucks Rewards Visa Prepaid Card.
The product, the first of its kind, allows users to earn Starbucks Stars (the official currency of the Starbucks rewards program) outside the walls of a Starbucks in other retail locations where they use the card, reported Pymnts.com.
There are no monthly or reload fees associated with the card. This prepaid card is the second such rewards card play from the two firms in 2018: The first was Starbucks first branded credit card, the Starbucks Rewards Visa, Pymnts.com stated.
According to the two firms, the card is designed to capture customers who would like access to the types of rewards that credit card customers are used to, but without having to use an actual credit card. Stars can be earned at any place Visa cards are accepted, Pymnts.com noted.