Post Brexit Cashback %

What is the U.K. cashback % post Brexit.

1% or .1%

1 Like

I wouldn’t expect anything to change before October for Mastercard. I am not aware of a similar announcement from Visa, but I would be surprised if they wouldn’t catch up at some point.

Raised interchange fees might be a reason for Revolut to reconsider cashback, but I am not sure how substantial the effect is going to be. As far as I understand, it only affects inter-regional transactions.

https://www.ft.com/content/39f553a0-00c5-48ad-a8ee-0b9fd75554b0

https://paymentscompliance.com/premium-content/insights_analysis/uk-defensive-over-post-brexit-interchange-fee-strategy