We’re always cooking up big things at Zestful, and we have some sweet treats for you going into this week.
You’ve asked for them, and now you have them! Each person in Zestful now receives two cards: One physical Zestful card, and one virtual one. Both can be used interchangeably to spend your Zestful balance. And everyone that has a Zestful account already has a virtual card activated – check it out by clicking on “My Cards” from the left navigation anywhere in the app.
Why virtual cards?
It really comes down to two words: Speed and convenience. Now instead of waiting for your physical card, or forgetting it at home, you’ll always have access to your virtual card by logging in to your Zestful account on your computer or phone.
More flexible balance controls
Previously Zestful required that you keep 100% of your Allocated Balances in your Zestful account – no more. Going forward we’ve adjusted the Minimum Required Balance and made it much easier to see what your current Zestful balance is.
We’re striving to make it easier than ever for you to get started in Zestful, and reducing the balance amount to get started is just the newest way in making that better!
The Current Balance is simply the total amount that is currently in your Zestful account. This is the balance that is used as your employees use their balances.
Total Allocated Balance
Your Total Allocated Balance is the total amount that you’ve given to your employees to spend within Zestful across all your Programs (Allowances, Rewards and Peer to Peer).
Required Minimum Balance
We require a certain amount of funds exist in your Zestful account at all times. If your balance goes below the required minimum (e.g. as employees use their balances or your subscription fee is pulled from your account), we will initiate a debit from your funding source to get the balance back up to the minimum.
The Required Minimum Balance varies depending on your Total Allocated Balance.
If your Total Allocated Balance is less than $300…
Your Minimum Balance must be 100% of your Total Allocated Balance.
Total Allocated Balance: $150
Minimum Required Balance: $150
If your Total Allocated Balance is between $300 and $1,000…
Your Minimum Balance must be at least $300.
Total Allocated Balance: $500
Minimum Required Balance: $300
If your Total Allocated Balance is more than $1,000…
Your minimum balance must be at least 30% of your Total Allocated Balance.
Total Allocated Balance: $12,000
Minimum Required Balance: $3,500
Mass Reward uploads
Many of you have requested an easier way to send multiple rewards with different amounts to different people. Before the easiest way to do that was one at a time, but not anymore. Going forward you’ll be able to do a mass upload for rewards, which allows you to upload a spreadsheet with different emails and different amounts, allowing you to send hundreds of rewards of different amounts instantly!
Bug fixes and improvements
Our team is always working to make Zestful faster and more reliable, so you may notice some overall enhancements as you use the product!