Last day for Christmas refund: this is how the rules have changed since January



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THE ANTI-CROWDS ARE WEIGHING

Due to the anti-contagion tightening promoted by the government for the holiday period, the opportunities to buy in stores are decreasing. The receipt lottery will likely be postponed until February

The refund arrives

Due to the anti-contagion tightening promoted by the government for the holiday period, the opportunities to buy in stores are decreasing. The receipt lottery probably slid into February

3 ‘reading

These are the last hours for an Extra Christmas Cashback that was influenced by the squeeze promoted by the government on the occasion of the holidays to stop the spread of the Coronavirus. Store closures, with Italy in the red zone since Christmas Eve, have in fact limited the possibility of making transactions, which have resulted in sip. From December 8 to 31, 10 purchases with credit cards, debit and prepaid cards, debit cards and payment applications are enough to get a 10% refund up to 150 euros. Between the start of the program and December 21, therefore in the days prior to the passage in the red zone throughout Italy, the 1.4 million active users on the platform spent more and with more operations than in the same period for 2019. For the cashback, the executive has planned an expense of 1,750 million in 2021, which becomes three the following year. 228 million euros are allocated to the Extra Christmas Cashback.

Fuentes Palazzo Chigi, already accrued cashback for 200 million

According to Palazzo Chigi sources, at 8:00 a.m. on Wednesday, December 30, 2020, there were more than 5.7 million citizens registered in the Cashback, from the IO app + other channels (absolute value 5,790,459). More than 9.6 million activated payment instruments (absolute value 9,686,032) More than 49.6 million transactions processed, already acquired by the system and visible by participants (absolute value 49,619,351) of which, the Actual cashback to be paid to citizens who have already acquired the right The Christmas Extra Cashback amounted to more than 157 million euros (absolute value 157,034,866 euros). The potential Cashback accrued by the participants as of December 30 is higher than 198.4 million euros (absolute value 198,448,437 euros)

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The Christmas period was an experimental phase: the Cashback program looks towards 2021 with rules already defined (included in the broader Italia Cashless Plan, valid until June 30, 2022).

What will happen in 2021?

Once the Christmas Extra Cashback window closes on December 31, the “Standard Cashback” will start from January 1: it will be possible to obtain a 10% refund on the amount of purchases made with cards or payment applications in the stores. , bars and restaurants, supermarkets and large distribution or for artisans and professionals Online purchases are excluded. There will be no minimum amount of expenditure and reimbursements of up to 300 euros per year can be obtained. Every 6 months, if a minimum of 50 payments are made, 10% of the amount spent will be obtained, up to a maximum of 150 euros in total reimbursement. The maximum refund per single transaction will be 15 euros.

The Super Cashback

In addition to the standard Cashback, you can also compete for the Super Cashback, or a refund of 1,500 euros per semester, that is, up to 3,000,000 euros per year, for the first 100,000 that have totaled the largest number of card and app transactions . . Between the standard formula and the super formula, up to 3,300 euros per year can be recovered. For Super Cashback purposes, the amount of payments is always calculated and not the amounts spent. The Super Cashback will be active for three semesters, from January 1, 2021 to June 30, 2022.

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