Revolut Business Introduces Cashback Offer for US Clients

Revolut Business has reportedly launched a new cashback offer for US customers.

Businesses of any size – from SMEs to freelancers – “get up to 1.9 % cash back for card purchases,” according to an update shared with CI.

Revolut, the global financial super app with over 18 million customers globally and more than 500,000 business customers, is now offering up to 1.9% cashback “on qualifying card purchases to its business customers in the US.”

The cashback is “paid directly into their Revolut Business account every month.”

Businesses on corporate plans “earn a minimum 1.5% cashback on qualifying card purchases, boosted to 1.9% on paid plans.”

If businesses want to save more as they spend – with higher cashback spending thresholds – “all they need to do is upgrade in a few clicks.”

No matter the currency, businesses “find their monthly accrued cashback automatically delivered in US dollars to their Revolut Business account typically on the first day of the following month.”

Yuval Rechter, General Manager of Revolut US, said:

”Businesses of all sizes are facing difficulties with high inflation and unpredictable company expenditures. They need to pay suppliers in advance with their preferred currency, and help provide their clients with more flexible payment options in order to remain competitive. Revolut Business offers a solution to all of this – at great rates and low fees. Customers can now get up to 1.9% cashback on a monthly basis, paid directly into their company’s accounts, for purchases they would have made anyway.”

Revolut Business helps its customers “manage payments, accounts and team spending from their desktop – or their pocket.”

With diversified products and features, Revolut Business is reportedly “welcoming 1,500 new customers every week and helping hundreds of thousands of businesses accept and make payments globally, while controlling team spend with company cards and integrating more optimized tools for their financial and operational needs.”

In March 2021, Revolut Business “launched in the US market, offering a financial operating system to companies of all sizes, freelancers and entrepreneurs.”

Since entering the US, Revolut Business has grown, “seeing active users increase by 30% year-to-date and by 140% since May 2021.”

Recently, Revolut Business launched its Spend Management feature set to its US customers – “a powerful new suite of solutions to help CFOs and controllers manage their teams’ spend with smart limits on company cards.”

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