Revolut launches Rewards for discounts and cashback
Revolut launches Rewards for discounts and cashback
Fintech

Revolut launches Rewards for discounts and cashback

By Amelia Tomasicchio - 10 Jul 2020

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Today Revolut launched the Rewards initiative to offer its users discounts and cashback in collaboration with top Italian and international brands in fashion, food, electronics, travel and many other areas.

This Rewards program is already available for Premium and Metal customers but, in the coming weeks, it will be available also for all Standard customers.

The two types of Rewards for Revolut

On Revolut there are two types of rewards available: discounts and cashback. 

  • Discounts give customers the ability to pay a lower price instantly when making a purchase at a particular store using Revolut. 
  • Whereas with cashback, customers will receive a percentage back on their Revolut card purchase at a specific store.

Rewards will be active for card payments both in-store and online or using Apple Pay and Google Pay.

Orlando Merone, Revolut Business Development Manager and Head of the Rewards program in Italy, explained:

“We are very proud to launch Rewards in Italy and give customers the opportunity to buy their favourite products while getting something in return. This is what we want to achieve with Revolut: to allow users to get more out of their money. In Italy, we have also decided to include special agreements with some of the brands that are particularly popular locally so that our offer is even more appealing to our customers”.

The latest news at Revolut

Recently Revolut had also launched the Pride card and the possibility to invest in silver through the app, following the introduction of investments in gold.

Of great interest is also the research shared by Revolut on the spending habits of users before and after the Covid 19 lockdown, which clearly showed a drop in purchases in the so-called Phase 1 period, but also a slight recovery in the last month.

 

Amelia Tomasicchio
Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eido. She is now the co-founder and editor-in-chief of The Cryptonomist.

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