Over the past year alone, usage of Moneybase Mastercard has skyrocketed, with daily transactions – both online and contactless – increasing nearly 70-fold, highlighting the platform’s rapid adoption.
Moneybase has just announced the return of its popular cashback campaign, allowing customers to earn €10 weekly cashback where users can earn up to €210 in total cashback, equivalent to €40 per month when making six transactions totalling €150 or more each week with their Moneybase Mastercard, either in-store or online.
Cashback is deposited automatically into user accounts every Monday, covering the previous week’s transactions. The campaign is now live and will run until September.
“We are extremely pleased with the remarkable results we’ve seen in such a short period. Our cashback campaign is our way of showing appreciation to our valued clients, who continue to support and trust us. I’m also particularly thankful to our dedicated team whose hard work has been instrumental in achieving these successes. We remain committed to delivering an exceptional experience and are excited about our upcoming initiatives-stay tuned,” said Alan Cuschieri, CEO and Founder of Moneybase.
Moneybase customers enjoy significant savings when travelling. The card offers ultra-competitive FX rates and direct settlement in 13 major currencies, automatically applying the best exchange rate at the time of purchase.
Moneybase’s impressive growth aligns with broader trends in digital banking, supported by recent findings from the European Central Bank (ECB). According to the ECB, while cash remains relevant for small-value and person-to-person transactions, card usage continues to rise, accounting for 45% of the total payment value in 2024.
Digital payments in the Eurozone have increased by 20% over the past two years, reflecting a significant shift towards digital financial solutions. This surge continues to support the growth of financial institutions like Moneybase, reinforcing their position in the digital payments landscape.
Additionally, online payments remain a prominent financial transaction type, representing 36% of total payment value – up from 28% in 2022. This shift towards digital payments is especially noticeable in the Eurozone, where mobile apps and card usage now dominate.
With 55% of consumers preferring cards or other non-cash methods in shops, Financial Institutions like Moneybase are well-positioned to meet the growing demand for seamless, digital-first solutions.
In addition to the cashback initiative, Moneybase is incentivising new users by offering a €75 welcome bonus for those who receive their first salary, partial salary, or pension through the platform. Download the Moneybase app and get started in minutes.