What is Pockit Cashback?

Published on: 2024-10-25 13:18:56 +0100

Cashback is a feature whereby you spend money using your Pockit card (Mastercard®) or via Direct Debit (depending on your membership plan) and you get back a percentage of the payment straight into your Pockit account! For example, if you spend £100 and you get 2.5%, you get back £2.5. 

Cashback payments can take up to 60 days to be calculated, and once it is ready to be paid into your Pockit account, we do so on the 4th of each month. There are a few types of products or services where you won’t be able to earn cashback, which you can find by clicking here. 

The cashback you can receive depends on your Pockit membership plan:

• If you are on the Pockit “Fast track to Credit” or “Extra” membership plan you’ll receive cashback on all your card payments, Direct Debits, and some bonus cashbacks with specific retailers.

• If you are on the Pockit “Everyday” membership plan you’ll only be able to earn cashbacks with specific retailers.

• If you are on the Pockit “Pay as You Go” membership plan you will not have access to any cashbacks.

Retailer Cashback

Pockit has a list of high-street retailers where all Pockit customers - except those on the Pay as You Go membership plan - are able to benefit from. There are some really great cashback offers from well-known retailers with cashbacks up to 15%!

Click here to see a list of the participating retailers.

Additional 2.5% Cashback

• Available exclusively to customers on the Pockit “Fast Track to Credit” membership plan.

• Offers 2.5% cashback on all card purchases and Direct Debits, up to a maximum of £100 spent per month.

• While this program doesn't offer additional cashback compared to the Pockit Extra plan, it allows you to reach the maximum cashback amount faster.

• This cashback also applies on top of retailer cashback offers available to all customers

Additional 1% Cashback

• Available exclusively to customers on the Pockit “Extra” membership plan.

• Offers 1% cashback on all card purchases and Direct Debits, up to a maximum of £250 spent per month.

• This cashback applies on top of retailer cashback offers. You can combine these programs for even greater rewards!

• Some retailers, like Sainsbury's, may exclude certain categories (e.g., alcohol, tobacco) from cashback on card purchases.