Cashback: the guide. When does it start? Does it apply to online purchases? – Economy



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Cashback, a payment with Pos (generic photo)
Cashback, a payment with Pos (generic photo)

Rome, November 23, 2020 – It is not easy to navigate the jungle of refund of money, rebates the government has provided to those who shop with electronic paymentsthat is to say that, added together, they can contribute up to 3,450 euros in bonuses. So here is a short guide by points.

The first cashback up to 300 euros

Pending the implementing decree, the refund in 2021 It should work like this: Taxpayers who make purchases with traceable cards receive a refund every year 10% on expenses for a maximum of 3,000 euros, that is, 300 euros in a year

Super refund

Between December 2020 and May 2021 there will be another incentive to use ATMs and credit cards. The first 100,000 taxpayers who make the most of these payments will receive a premium of 1,500 euros (3,000 in a year). Count the number of transactions, not the amount.

Christmas Cashback

The government values ​​an additional Christmas rebate: a 10% rebate up to € 150, for card and application expenses in December. The extra cashback will be additional to the measures already planned and can be obtained before the end of the year, making 10 purchases in the month of December 2020. For refund, the Online shopping.




Transaction limit

To prevent repayment from being a privilege of the rich, at least 50 transactions to be carried out in the first six months affected by the regulation (and foreseeably also in the following months). Online purchases, already tracked, are excluded from the calculation.

To get a refund of the ATM voucher in your current account, you will need to download theIO application of the Public administration, released on April 18, 2020. Now available for both Android that for Apple and has already been used to grant the vacation voucher.

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