Super Cashback: Transaction Leaderboard, March 5th

Super Cashback: Transaction Leaderboard, March 5th

Super Cashback

How many transactions do I need to make to be eligible for the € 1,500 Super Cashback? As is now well known, this is the extra reimbursement provided for by the State Cashback initiative, recognized to those who at the end of June will have placed themselves within the first 100,000 positions of the ranking by number of expenses carried out in stores. Let's take a look at today's data.

Super Cashback: How many transactions do you need?

According to today's tally, at least 127 payments are needed for a temporary placement at the 100,000 step. With a quick calculation it becomes 1.98 per day and almost 14 per week. Below is the graph showing the change recorded from the second half of January to today, Friday, March 5.

There is yet another surge in the growth trend. Looking back over the previous weeks, the minimum daily payment threshold stood at 1.32 on January 25, 1.38 on January 28, 1.51 on February 4, 1.54 on February 8, 1.65 on 12. February, 1.70 on February 16, 1.78 on February 19, again 1.78 on February 23, 1.89 on February 26 and 1.87 on March 2.

As always, it is important to remember that this is an indicative count since as pointed out several times by PagoPA (responsible for the IO application) it could take several days before the transactions are recorded correctly and definitively.

Taking today's numbers into consideration, we can try our hand at a forecast at the end of June: the projection says that at least 359 will be needed, but it is entirely probable that the number will grow further.

Those who manage to obtain the Super Cashback will receive it by the end of August by transfer to the current account, to the indicated IBAN, together with a 10% refund on payments in stores (up to a maximum of 150 euros).

While the State Cashback initiative continues, interventions are expected from the Ministry of Economy and Finance regarding the problem of the so-called cunning ones, those who have devised useful methods to climb the rankings by targeting in particular the gas station attendants. The trade associations have asked for a stop, but nothing has been decided to date.

SBI Yono Alert: State Bank of India launches 2nd edition of Super Saving Day

© Provided by Zee Business

State Bank of India (SBI), the country’s largest lender today launched the 2nd edition of its unique shopping carnival - ‘YONO Super Saving Days’. The SBI Yono Super Saving Day shopping extravaganza will last for four days. It will start on 4th March and on 7th March 2021. The carnival is all set to offer an exclusive range of discounts and cashback to the users of SBI’s banking and lifestyle platform, YONO.

YONO Super Saving Days have been brought back for the 2nd month in a row, seeing an overwhelming response from YONO users and merchant partners. There has been a significant jump in traction and increase in the transaction volumes during the 1st edition held on 4th to 7th Feb 2021.

WATCH | Click on Zee Business Live TV Streaming Below:

The 2nd edition of SBI Yono Super Saving Day shopping extravaganza, consists of best-in-class offers in the leading categories including Travel, Hospitality, Health, Apparels & Online shopping. To offer an ultimate shopping delight to its over 36 million users during this shopping festival, YONO has partnered with some of the top merchants including Amazon, Apollo 24I7, EaseMyTrip, OYO, Vedantu and Raymond.  In the March 2021 Edition of YONO Super Saving Days, customers can avail of upto 50% off on hotel booking, flight booking, Apparels, Health Categories, Extra 7.5% unlimited cashback on Amazon.

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