How does Binance cashback work?
Binance Card offers cashback for every purchase that you make with the card*. The cashback percentage will depend on your card level, which is based on the amount of BNB staked at your Binance wallets. Binance will continue to add new benefits and perks to this program. Cashback is calculated on a daily basis for each settled** purchase from the previous date.
In the case of a refund, Binance has the right to deduct the cashback. The deducted BNB-amount is calculated as the initial EUR-amount of the cashback on the date of the settlement and converted to the BNB-amount on the date of the deduction. In other words, the deducted amount always has the same EUR-value as initially granted, but may have a different BNB-value due to different exchange rates EUR to BNB on the date of the settlement and date of the deduction.
* Cashback is paid daily in BNB to your card wallet. The Binance Card cashback program only applies to eligible purchases made with your Binance Card. The list of qualified merchants and conditions is subject to change by Binance. Among
Binance has the right to the final interpretation of whether the transaction is a subject of the reward aka the Binance Cashback.
** "Settled" purchase or transaction means that the funds of this purchase have arrived in the bank account of the seller, e.g. your grocery store.
What are the Card Levels?
Binance Card has the following card levels. There are different reward percentages associated with each card level as per the table below. The Binance team is constantly working hard to provide additional benefits to our cardholders.
BNB stake *
BNB rewards on your card purchases
You may see your card level in the card dashboard in the Card Info section or the transaction history.
* "Stake" or "Staking" means the holding of BNB in your Binance wallets for a period of 30 days.
Where can I see earned Binance Cashback?
You can see the cashback rewards in the transaction history along with the original purchases. Cashback is calculated and transferred to your Card wallet after the purchase is finally settled (normally happens after a few days after the purchase).
Following types of transactions are excluded from the cashback calculation: Transactions on digital wallets, digital banking services, crypto exchanges, stored value products, money remittance services are excluded from the BNB Rewards program. The list of qualified merchants is subject to change by Binance and Partners.
What are Lifetime Cashback Earnings?
Lifetime Cashback Earnings are all cashback rewards, which you have received to your Spot wallet from day one of the cashback programs.
Is there a monthly limit for the Binance Cashback?
The total maximum monthly amount for the cashback rewards is capped to the equivalent of EUR 1,800.
In case when the cashback for the particular purchase along with all previous cashback rewards within the current month exceeds the threshold above, you will be rewarded partial cashback within the limit. Any other purchase in this month will not be rewarded with the Binance cashback.
Starting from the 1st day of the next month at 00:00:00 UTC the counter for the cashback limit will be reset and you will start to get your cashback rewards in full according to your card level.