Monzo Launches Cashback Feature For Shops Like ASDA, Boots, Deliveroo

Hey savvy shoppers! Big news for your wallets – Monzo is dropping a cashback feature that's a game-changer for your spending. Imagine getting up to a whopping 35% back when you hit up spots like Asda, Boots, H&M, eBay, Disney+, and even when you're ordering a cheeky takeaway from Deliveroo.

Levi Winchester at Mirror Money has the scoop. Monzo will automatically give you cashback when you shop at specific retailers. You will need to activate the offers on the app before you make the pruchase.

The best part is that it's super simple. Use your Monzo card at the participating retailers, and voila – watch your savings stack up. No vouchers, no hoops to jump through, just straight-up cashback. And with the festive season on the horizon, these savings could be a lifesaver.

The feature was initially launched in June 2023 as beta, with the company inviting 150 community members to test the product. They could earn up to £20 in any 28-day period. However the specifics of the official launch has not yet been specified.

Tom Church, Co-Founder of LatestDeals.co.uk: "Monzo's new cashback feature is a smart way for consumers to make their money work harder for them on everyday purchases. It's not the first time a card has cashback offers but hopefully Monzo can get on board some big brands.

"What I'm curious to see is whether you can stack the cashback with other offers. For example, can I apply a discount code online and get cashback? I love a double-saving."