Using a proprietary algorithm, TravelBank calculates a budget for each trip based on real-time pricing data and your policy. An average budget is displayed, giving employees a reference point for the price they need to beat in order to save the company money and earn rewards.
Each hotel price is listed with the earning potential to incentivize better spend decisions. You decide what percentage of the savings is given back as rewards points.
Other rewards programs come saddled with tax implications for your finance team to work out. We offer gift cards that your employees can redeem with their TravelBank Rewards in seconds so it’s simple for them, and it’s simple for the finance team.