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Exposing the hidden costs in
gift cards
Between fees, unspent funds and FBT, businesses often lose more than they realise. Discover how you can eliminate these costs with Extraordinary.
Exposing the hidden costs in gift cards.
Between fees, unspent funds and FBT, businesses often lose more than they realise. Discover how you can eliminate these costs with Extraordinary.
*Based on 13% breakage rate before adjustment.
**Assuming 49.25% FBT rate.
***The results from this calculator are estimates based on industry averages and global data. See more info at bottom of page.
Only pay for what’s spent
With Extraordinary, you only pay for what’s actually spent by the recipient.
Only pay FBT on what’s spent
With Extraordinary you don’t pay Fringe Benefit Tax unless the money you have gifted has been spent. Saving businesses across the country millions.
Easy to create, quick to distribute
Within the platform, you can create a gift in seconds; whether it’s for one person, a team, or company-wide, employees receive their gifts instantly.
Unspent money returns to you
Any funds your team doesn’t spend are returned straight back to your business.
You’re in control
You build the gift, meaning you can set expiry dates and gift names on your terms.
Free digital payment cards
Extraordinary is a digital-first platform, cutting out the plastic and cost of physical gift cards.
Traditional gift cards aren’t working
You’re losing money
With every gift card purchase you lose twice. Once to unspent balances that stay with the provider for their gain, and again to FBT on these unspent funds.
Limited usability
From single-store restrictions to in-store-only rules, there’s always a catch on where gift cards can actually be used.
Time wasted on admin
Managing budgets, tax compliance, distribution, and tracking eats up hours that should be spent elsewhere.
No visibility or reporting
Once a gift card is handed over, there’s no way to track spend, report on usage, or measure impact.
Difficult to activate and track balance
Clunky activation processes and hard-to-find balances aren’t an accident; they’re built that way.
Heavy use of plastic
New Zealand’s gift card sector produces enough plastic each year to stack as high as the Sky Tower >7 times over.*
Why Extraordinary Over Traditional Gift Cards?
Traditional Gift Cards
Only pay for what's spent
Unspent money returned to you
Only pay FBT on what’s spent
Distribute digital cards in seconds
Compliance reporting at your fingertips
Digital first (straight to apple and google pay)
Check balance instantly in an app
Extraordinary Resources
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