Yorkshire-based credit broker Bluestone Leasing has launched a prepaid reward card on 1 October as part of its Spark incentive scheme.

Spark is the reward scheme offered by Bluestone Leasing to valued partners and professional introducers.

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Replacing the existing points-based scheme, registered members earning rewards will be issued with a prepaid Visa card with a host of added benefits including 5% cashback across 50+ retailers, 2.5% off selected grocery shopping, a top-up facility, Apple and Google Pay enabled systems, and a dedicated app to manage the account.

Bluestone Leasing works with over 600 partners across a wide range of sectors including, interiors, technology, health and fitness and renewable energy, all of whom could benefit from Spark rewards.

Steve Russell, sales director at Bluestone Leasing, said: “Our relationships with our partners and introducers are absolutely key to us and launching the new Spark reward prepaid card is our way of saying a big “thank you” for their continued support.  Interest in the cards has been through the roof and we know how eager our partners are to access the host of benefits the Spark card will bring whilst our team can’t wait to start issuing lots of rewards.”

Bluestone Leasing is one of the largest independent leasing companies in the UK, trading since 1996.  Bluestone Leasing has access to the UK’s largest funding panel and handle transactions from £1,000 to over £10m.

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Spark membership is strictly subject to a signed Bluestone Leasing trading agreement.  Spark members take personal responsibility for declaring rewards to HRMC for tax purposes.

Bluestone Leasing should not be confused with the Ireland-based Bluestone Asset Finance.

Online retailer Amazon is planning a small business customer credit card to support its relationship as a supplier of SMEs, according to reports.

Bloomberg reported that the e-commerce site has been in talks with JPMorgan Chase & Co. on a co-branded credit card for small business owners who shop on its website.