Revolut launches a new way to shop with 3% cashback for users in Ireland

By Edlyn Cardoza

Revolut, the global financial superapp with more than 20 million customers worldwide and more than two million in Ireland, launches a savvier way to shop where customers earn cashback from their favourite retailers.

The new service, ‘Shops’, lets users search and browse products from more than one thousand leading brands. These include local favourites ranging from Smyths Toys and Woodies to Arnotts and Brown Thomas; international retailers like Ikea, Amazon, JD Sports, Harvey Norman, and TK Maxx; and big brands’ online stores, including Nike, Adidas and a range of luxury fashion houses.

Regardless of the Revolut plan a customer is on, Revolut Shops rewards users with 3% instant cashback for every purchase, as long as they start their shopping journey from the Revolut app and pay with their Revolut card in full.

Cashback is automatically applied at checkout, so customers will never miss the opportunity to save money again. Unlike other products, which can take up to 90 days to give cashback to customers, Revolut Shops sends the cashback instantly. Whether it’s your Christmas shopping, a new fridge, trainers, or a birthday gift, customers can see hundreds of retailers they can shop with and get universal 3% cashback on all purchases with these retailers. There are no restrictions on getting cashback from purchasing products in a sale, meaning Revolut Shops offers cashback on top of any other savings – including promo codes and sale discounts.

“We’re delighted to add Shops to our superapp, giving over two million Revolut customers in Ireland 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,” said Christopher Guttridge, General Manager of Lifestyle Products at Revolut. “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, or helps them spread the cost of purchases for more expensive periods of the year, such as the Christmas holidays.”

In Shops, users also have an option to split their payment using ‘Pay Later’, the first pay later product in Ireland that uses an approved credit limit, designed to focus on affordability. Pay Later is a way to purchase product(s) in which the customer takes possession of the merchandise on payment of a first instalment and completes the payment by paying two further instalments. Qualified customers can use Pay Later for purchases up to a maximum of €499 with any of their Revolut cards, including when paying with a Revolut Disposable Virtual Card, which provides an extra layer of security for online transactions.