AutoCash explained in 40 seconds
By partnering with AutoLine, you can enhance member services by offering your members AutoCash, a reward certificate. To redeem AutoCash for a $20 gas or $50 Visa® gift card, the member may visit any participating dealer listed on the certificate. Dealers recognize these lucrative referrals and fund each sale with a credit union loan, creating strong lending loyalty relationships.
AutoCash is an easy way for the dealership to identify your member. The incentive for the dealer to is to receive more referrals from their AutoCash advertisement. In exchange for the referral the credit union loan is used to fund the auto sale.
Two special features of the AutoCash program are the ability to reward members and your front line individuals without cost to the credit union. Members receive incentive to visit dealers with a gas gift card and are rewarded with a Visa gift card when they use their loan. Associates are rewarded with a Visa gift card every time a certificate is faxed in where a loan is funded through the credit union.