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Cashback, new rules and bonuses: how to get more than 8,000 in 2021

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Cashback, new rules and bonuses: how to get more than 8,000 in 2021

The Christmas Extra Cashback represented an experimental phase of the operation put in place by the government. An initiative apt to confer a decisive [...]

Cashback, new rules and bonuses: how to get more than 8,000 in 2021
by Luca Incoronato
January 7, 2021

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L'Christmas Extra Cashback represented an experimental phase of the operation put in place by the government. An initiative apt to give a decisive input to the digitization of payments in our country. Considering the general economic outlay that characterizes the holiday season, it was opted for a preliminary phase to be launched on December 8, 2020, then concluded on December 31.

In this article:

    However, 2021 brings with it the actual, much larger plan called the Italy Cashless. The hope is to entice more and more electronic payments, in order to be able to encourage constant monitoring of transactions, partly lessening the impact of tax evasion due to the absence of receipts. A tremendously difficult task to implement with cash payments. It will take years to see the effects of this operation, but in the meantime, here is what the Cashback 2021.

    No matter if you are a millennial or a family man, the Amex Explora must be in your wallet
    No matter if you are a millennial or a family man, the Amex Explora must be in your wallet

    How to accumulate refunds until 2022

    The Italy Cashless plan is divided into three parts. It started on January 1, 2021 and will end on June 30, 2022. Here are the dates to mark on your calendar:

    • First phase: January 1, 2021-June 30, 2021
    • Second phase: July 1, 2021-December 31, 2021
    • Third phase: January 1, 2022-June 30, 2022

    Every citizen can get a 10% refund on their purchases, Made by credit, debit or prepaid card in physical stores (excluding online transactions), with a maximum cashback of 15 euros per single transaction. This means that expenditures over 150 euros will only provide a cashback of 15 euros. While 10 transactions were required in December to be eligible for the expected cashback, the threshold has now risen to 50 operations. This is because the time available to make this number of payments is a full six months.

    Cashback

    Cashback 2021, how to access

    Anyone who has already taken part in Operation Christmas Cashback will not have to do anything. Your card is already registered, and unless you want to add a new payment method, you can simply pay in physical stores and accumulate cashback.

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    The best way to maximize earnings is to use a card that not only generates state cashback, but also gives us allow you to accumulate points to be turned into trips or other free experiences.

    A free business class ticket. Here's how to take advantage of two American Express super promos
    A free business class ticket. Here's how to take advantage of two American Express super promos

    Those who intend to access it for the first time will instead have to download theIO app, by registering your preferred method (or methods) of payment in the Portfolio section. It is good to remember how just registering a debit, credit or prepaid card is not enough. In fact, the system will ask you to activate the card. It will be essential to do so in order to start accumulating refunds. Otherwise, transactions will not be counted.

    How to get 1,500

    The IO app also provides a particular ranking, that of the Super Cashback. This is an additional program to the general 10% cashback initiative. In each of the six-month phases, a ranking will be drawn up, taking into account the 100 thousand people with the most digital transactions made. No relevance will be given to the final amount. The only element of interest is the number of transactions, even if they are all just a few euros. The first 100 thousand people will be given 1,500 euro transfers.

    I went to Miami in business class for free, just because I paid taxes
    I went to Miami in business class for free, just because I paid taxes

    What is the receipt lottery

    Much has also been said about the receipt lottery. Another initiative related to Italia Cashless. This is a drawing system based on purchase receipts accumulated over the months. The prizes provided reach a maximum quota of 5 thousand euros.

    An operation that was supposed to start on January 1, 2021 but has been postponed by a few weeks. A new official date has not yet been provided but, given the government's current commitments, it is easy to speculate how it could be postponed until at least February. To take part, it is necessary to go to the website indicated by the government, clicking on Join Now, then entering your tax code.

    The system will then provide a lottery code. This will be stored and later shown to merchants at the time of purchases. Each euro spent corresponds to one lottery ticket, with a maximum of one thousand tickets per single receipt.

    Lottery receipts

    • cashback
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