Cashback provides a cost effective tool to drive audience engagement.
Core to our cashback proposition are a broad range of major brand retail partnerships that we have developed over a twelve year period. Available for any card that utilises the MasterCard and VISA networks. Card Rewards cashback adds value to card programmes to engender loyalty, drive customer acquisition and retention, and maximise revenues.
Cardholders can shop as often as they like at any partner and receive cashback every time. The monthly cashback cycle allows prompt payment of rewards and full visibility at a transaction level for cardholder reporting. Cashback provides a cost effective tool to drive audience engagement. Equivalent tools to generate the same level of audience savings would come at a significantly higher cost.
According to the Office for National Statistics, average weekly household expenditure in the UK was £572.60 in the financial year ending 2018. Cashback values vary, but on an average of 5%, and £600 spend a month cardholders could be saving around £360 a year. To put that into perspective that is the equivalent of a pay rise of £480. Our partners regularly communicate in—store and on-line offers generating even further value for cardholders.