Fintech Revolut has launched an in-app cashback feature that customers can earn with by visiting their favourite retailers.
The new ‘Shops’ service allows users to browse leading brand products on Revolut’s mobile app, including John Lewis, MyProtein, Boots and Co-op, Amazon, ASOS, Wish, Nike, Charlotte Tilbury and more, with the list a subject to change.
As long as the customer completes the whole payment journey on the Revolut app itself and pays with their Revolut card, they will be rewarded with up to 3% ‘instant’ cashback when transacting at eligible merchants, regardless of their Revolut plan.
The company stated that cashback on Revolut Shops is automatically applied at checkouts for all eligible purchases, which in contrast with other products can take up to 90 days. Shops can also be applied to items that are on sale, including promo codes.
Christopher Guttridge, General Manager of Lifestyle Products at Revolut, said: “We’re delighted to add Shops to our superapp, giving our customers the opportunity to get more of what they love.
“We’re proud to offer instant cashback, unlike other providers, which can take up to three months. As the cost of living rises, we are delivering ongoing product innovations aimed at meeting our customers’ everyday financial needs and aspirations, whilst giving them more financial control. Shops helps our customers get the most out of every penny with cashback rewards.”
To access the feature, users can go on the Revolut app, select ‘Hub’ and then click on ‘Shops’. The app can be downloaded from Google Play or the Apple Store.