Remunerator News

Dec 15 2016

Salary Packaging Threshold & Meals Entertainment Cards

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Due to a review of Card Payment Regulations by the RBA, the NAB has decided to phase out their Salary Packaging Cards by Friday the 30th of June, 2017.

Remunerator is working on a new solution that is soon to be released. This solution will deliver Salary Packaging Cards for Threshold and Meal Entertainment under a new provider as a result of the NAB no longer providing this service.

Salary packaging allows for payments to be deposited directly onto the cards, thus providing the benefit to the employee of eliminating tax invoices and reimbursement claims. The card operates as a debit card only with no active credit facility and purely with funds transferred via Remunerator are available to spend.

We will be forwarding ongoing communication to keep you informed at all times and will endeavour to make the transition as seamless as possible for you over the next few months.

We kindly ask that you notify us of any changes to your personal details, including address, email and contact number, so that we can ensure all communication issued is received by you, should you currently have a Salary Packaging Threshold & Meals Entertainment Card.