Curve launches 1 per cent retail cashback offer

The smart credit card service said it has signed deals with around 50 brands including Apple and Sainsbury’s.

Smart credit card business Curve has launched an instant cashback scheme, offering shoppers 1 per cent back on all purchases at scores of major retailers.

The London-based start up, which lets customers hold all their credit and debit cards on a single card, said the scheme works by adding rewards to a separate Curve Cash card in its app, which can be used for purchases using its main Curve credit card.

The fintech said its partners in the offer include Amazon, Apple, Sainsbury’s, Waitrose Uber, Spotify and Netflix. It said it had signed deals with around 50 brands to take part in the scheme.

Curve, founded by Israeli Shachar Bialick (pictured) in 2015, said shoppers can claim the cashback, which comes on top of offers from their existing reward cards, wherever Mastercard is accepted.

Retail deals

The business said its Curve Metal card holders, which costs £14.99 a month, will earn 1 per cent instant cashback on purchases at six retailers at a time, and can receive Curve Cash for an unlimited period.

Curve Black card holders, which costs £9.99 a month will be able to choose three retailers at a time, and can also receive Curve Cash for an unlimited period.

However, holders of its free Curve Blue card will be able to choose three retailers at a time, although the offer will last for just 90 days.

Diego Rivas, product lead at Curve, said: “The launch of Curve Cash is just one example of the many ways Curve simplifies people’s finances, constantly delighting them by combining all their debit and credit cards into one and rewarding them with cash they can spend instantly.”

In March, the business said it had half a 500,000 active users, adding that over half a billion pounds had passed through the platform.