Cashback, first refunds and super rewards: when, how and to whom they will be credited

Cashback, first refunds and super rewards: when, how and to whom they will be credited
Cashback, first refunds and super rewards: when, how and to whom they will be credited

The first semester of the program ends on 30 June 2021 Cashback of State, with the launch of the former refunds starting July 1st for purchases made – in the first six months of the year – privately (i.e. not for professional use) on the national territory with cards and payment apps in shops, bars, restaurants, supermarkets and large-scale distribution or for artisans and professionals exclusion of online expenses.

Cashback, first repayments since July

As many will already know, excluding the first experimental period called “Christmas Extra Cashback” – which began on 8 December 2020 and ended on 31 December 2020 – the State Cashback plan is divided into three periods, each of which then starts the repayment phase. Each of these periods has a duration of six months, the program is in fact structured as follows:

  • 1st Semester from 1/1/2021 to 30/6/2021
  • 2nd Semester from 1/7/2021 to 12/31/2021
  • 3rd Semester from 1/1/2022 to 30/6/2022.

I first refunds, therefore, they will arrive starting from Thursday 1 July 2021 and will affect the purchases made – through the established and recognized methods – in the first semester of reference.

In this regard, it should be remembered that the subscription to the Cashback plan it can happen at any time. For refunds, in fact, purchases made starting from 00:01 of the day following the activation of their payment methods will be counted. Furthermore, the same will take place at the end of the semester in which one has registered.

How and when Cashback refunds will be made

Reimbursements of expenses made during the first half may not be immediate. After the reference period, in fact, Consap, the company that manages the reimbursements, has time 60 days to complete the operations. This means that the repayments of the first semester will be made over a period of time that covers the days that go from 1 July 2021 to 29 August 2021.

I payments will be made by bank transfer directly to the Iban that the applicant indicated at the time of joining the Cashback plan (or in any case no later than the established deadlines).

Cashback, after the reimbursement comes the “super prize”: who is entitled to

Along with the first refunds, the “super premio” (cd. “Super Cashback”) equal to 1,500 euros. It is therefore an additional sum to that of 10% on purchases carried out in the first half of the year once the minimum amount of transactions has been reached.

I 1.500 euro per semester they are in fact intended for participants who, in the updated ranking of the IO app, will be placed by June 30, 2021 among the top 100 thousand in the ranking by number of transactions made. Those with the highest number of card and payment app transactions registered for the purposes of the Program then receive Super Cashback.

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