September 16,2017
From the Office of Mayor Susan Knudsen
Ridgewood NJ, Ridgewood officials are proud to introduce the Ridgewood Estate Card, a new property tax savings program now available to Ridgewood property owners. The program offers a debit like card that offers a reward on purchases that is automatically applied to reduce Ridgewood property taxes billed to the cardholder. An even greater level of reward is offered at participating local and online merchants. Tax rewards are applied annually to the third quarter tax bill.
Visit RidgewoodEstateCard.com to learn more about this exciting opportunity and to sign up for the program. Once signed up, one will receive their card via US mail in 5-7 business days. Each time the card is used, a percentage of that purchase is earned toward property tax reduction. Reward amounts are listed in both the cardholder’s online account and on the easy to use Card Rewards mobile app.
Ridgewood’s Mayor Susan Knudsen stated, “The Ridgewood Estate Card is an exciting program helping Ridgewood property owners save toward their property taxes while encouraging local spending.” The program is being offered by the Village and administered by Municipal Cards, LLC.
Local Ridgewood merchants are beginning to participate in the program and presently there are already over 3,200 online merchants offering bonus rewards. A full list of participating merchants can be viewed at RidgewoodEstateCard.com by clicking on the “Rewards” page.
Ridgewood residents are encouraged to take advantage of the program by signing up online at RidgewoodEstateCard.com. Questions can be submitted to support@myestatecard.com.
Local merchants interested in participating may visit LocalCardRewards.com to enroll or email support@localcardrewards.com.
Sounds good, but who is making up the difference, anyway?
What are the numbers?
Does the town gain access to spending patterns of the residents of their cards?
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They must be getting something for this…
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Kind of Fee Heavy….
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LINK:
https://estate.cards/wap/#/CardholderAgreement/
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Some Highlights…
Monthly Maintenance $3.95 (Waived with minimum load of $800 each month)
ATM Balance Inquiry $0.75 (ATM owner/operator fees/surcharges may apply)
ATM Withdrawal – Domestic – MoneyPass Network $2.50 (No ATM operator surcharges at MoneyPass Locations)
ATM Withdrawal – Domestic $2.50 (ATM operator charges may apply)
ATM Withdrawal – International $3.50
Bank Teller Cash Withdrawal $4.95
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