A spend or lose program maintains customer accounts that are reset to a given stored value amount at the end of each predefined time period. For example, you can use a spend or lose program to maintain employee meal credits, providing up to $25 a week for employees to use on lunches. Employees can then use up to the allotted $25 for lunch during the week, are given a new allotment of $25 for each week, and cannot roll over remaining credit to the next week.
No transaction is posted to the Gift and Loyalty card detail when reload occurs. The balance in Gift and Loyalty shows 0.
After the first transaction is posted, Gift and Loyalty adjusts the current balance.
A balance inquiry from the workstation always reflects the current balance.
Parent topic: Card Programs