FIS®Premium Payback

Let cardholders turn their rewards points into money-saving currency right at the point of sale.

Premium Payback : Card Rewards Play Video

Premium Payback - Pay with Points Download eBook


When customers can use reward points to save money at checkout, you both win

Cardholders are looking for the simplest way to redeem their points for the products, services and features they want. Premium Payback provides cardholders with this exact scenario. It allows cardholders to use their card reward points as currency for purchases in-store, online or even at the pump.

How Customers Enrolled in Premium Payback Respond



rated experience as “good” or “very good”



redeemed points 2+ times in one year



increase in customer spending

Real-time rewards

Show that your customer loyalty programs deliver real value.

Increased card use and loyalty

Give cardholders a reason to choose your card every time.

Stronger brand recognition

Align your brand with thousands of participating Premium Payback™ retailers.

No redemption hassles

Cardholders automatically see a redemption offer when they pay with their card – no signups or apps required.


Create opportunities for merchants to increase spend per transaction and drive more card usage for financial institutions.

Our Clients

PayPal scales Pay with Rewards with FIS Premium Payback

Cardholders of thousands of financial institutions participating in FIS’ Premium Payback™ customer loyalty programs network can use points to pay for their online purchases at millions of PayPal merchants.

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The combination of FIS’s wide-reaching loyalty program and PayPal’s network of 24 million global merchants will enable millions of additional cardholders to use loyalty points for PayPal purchases. Jim Magats SVP, Global Payments, PayPal

Our Clients

Walgreens Taps Into the Power of Real-time Rewards

Walgreens customers can choose to “pay with points” at the point-of-sale after they’ve dipped, swiped or tapped their eligible card.

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By integrating FIS Premium Payback™ into its in-store payments network, Walgreens is taking a bold step to bring new levels of savings and value to its customers and drive return shopping. Bruce Lowthers FIS president

Our Clients

Shell Customers Get Rewarded at the Pump

In a joint initiative with Excentus, consumers instantly redeem loyalty points for savings on fuel purchases at about 13,400 Shell-branded stations nationwide.

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With a single swipe of a payment card, FIS Loyalty program customers will be able to turn their points into savings on quality Shell fuel, delivering real-time value at the pump while encouraging future visits. Brian JeffersonSVP, Business Development, Excentus


FIS Premium Payback Wins "Best Customer Facing Experience"

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In 2020, FIS Premium Payback™ won the Emerging Payments Awards honor delivering the best customer-facing experience.


FIS Premium Payback Named “Most Innovative Solution” by NAFCU Services

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FIS Premium Payback has won the 2021 NAFCU Innovation Award, recognized for making the most valuable and innovative contributions to credit union success.


Five Ways to Encourage Loyalty

Make sure your loyalty program aligns with customer expectations for immediate rewards and tells the right story about your brand.


Offer clear benefits


Reduce checkout friction


Build on your brand story


Experiment with creative approaches


Include only features they’ll use


Payments One Credit Suite

Streamline and simplify your credit card processing and management on a flexible, end-to-end platform

Payments One Debit Suite

Streamline and optimize your debit card management with a flexible, end-to-end platform.

FIS Prepaid Solutions™

Offer a convenient and secure alternative to cash or checks with single-load and reloadable prepaid products, and custom and packaged programs.