Promotion
Shop Online and Enjoy 2% Overseas Cashback
by
iFAST Global Bank
Online shopping has opened up the world. From getting your hands on the latest US tech, to discovering unique fashion finds from Europe, to stocking up on Korean skincare. And now, every time you shop online with merchants outside the UK, your purchases could be even more rewarding.
From 1 August to 31 October 2025, iFAST Global Bank is giving you 2% cashback* on overseas spending with your Multi-currency Debit Card^.
*The offer is for UK debit cardholders only.
^Multi-currency Debit Card is currently for UK residents only.
How It Works
You’ll earn 2% cashback on all eligible overseas debit card purchases* when you:
✅ Shop overseas or online with merchants outside the UK , or
✅ Spend in any currency other than GBP
✅ Applies to both in-store and online payments
And yes, this offer also applies if you’re travelling abroad and paying in-store with your card. Whether you’re clicking “checkout” from your sofa or tapping your card at a café overseas, the cashback rules are the same.
Why This Is Perfect for Online Shoppers
- Global Access: Buy from international retailers and pay in local currency.
- Automatic Rewards: Cashback is calculated for you, no sign-up, no promo codes.
- Extra Value: Earn up to £25 cashback per month (based on £1,250 in overseas spending each month).
- Monthly Credit: Cashback lands in your account the following month.
💡 Example: Ordered USD$400 (~£296) worth of electronics from a US website in September? That’s an automatic ~£5.9+ cashback coming your way in October!
Even More Benefits
Your iFAST Debit Card is linked to a Multi-Currency Current Account that offers:
💰 Interest of up to 2.9% AER on GBP (variable)
🌍 The ability to hold and spend in multiple currencies
📆 Simple monthly cashback credits
Cashback Timeline
Cashback from your overseas spending will be credited to your account once a month, according to the following schedule:
Transaction Period | Cashback Fulfillment Date |
1 August and 31 August 2025 | 30 September 2025 |
1 September and 30 September 2025 | 31 October 2025 |
1 October and 31 October 2025 | 30 November 2025 |
Please ensure your account is active and in good standing to receive the cashback. Cashback is calculated automatically based on qualifying overseas transactions.
When will my cashback appear in the app?
Cashback-eligible overseas transactions will show in your transaction list only after they’re fully completed—typically within 2–4 business days, depending on the merchant.
What types of transactions are excluded from earning cashback?
The eligibility for the 2% Overseas Card Spending Cashback Program is determined by the Merchant Category Code (MCC) associated with your card transaction. Please note that the following MCCs are excluded from the 2% Overseas Spending Cashback Program:
6540: Non-Financial Institutions - Stored Value Card Purchase/Load
6011: Financial Institutions - Automated Cash Disbursements
6012: Financial Institutions - Merchandise, Services, and Debt Repayment
4829: Money transfer
6051: Non-Financial Institutions
6300: Insurance Sales, Underwriting, and Premiums
5960: Direct Marketing, Insurance Services
7523: Parking Lots, Parking Meters, and Garages
6513: Real Estate Agents and Managers -Rentals
6010: Financial Institutions -Automated Cash Disbursements
6211: Security Brokers/Dealers
7299: Other Services - Not Elsewhere Classified
For a detailed list of excluded transactions, you may refer to the Terms and Conditions of the Cashback Program.
Need help?
If your transaction doesn’t fall under the excluded categories and still isn’t showing after 4 business days, feel free to contact us via Live Chat, or email us at clienthelp@ifastgb.com.
Get rewarded for going global.
T&Cs apply. Offer ends 31 October 2025.
iFAST Global Bank – Banking without Boundaries
iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
