Learn how to earn Merchant-Funded Cashback, track its status, and understand how it differs from standard Trading 212 Cashback. Cashback is earned by making eligible purchases, may take longer to be credited than regular cashback, and can be combined with your standard 212 Cashback, depending on the offer.
We are gradually rolling out this feature to an increasing number of users.
How do I earn cashback from a Merchant-Funded Offer?
You must activate the offer (when required) and make an Eligible Transaction directly with the merchant - either online or in-store, including supported digital wallets.
When is Merchant-Funded Cashback paid?
When the brand completes its cashback eligibility checks, usually within 90 days, any newly approved cashback is added to your account at the daily payout time of 01:00 UTC.
Why does Merchant-Funded Cashback take longer than Trading 212 Cashback?
Brands need time to verify that your transaction qualifies for cashback under their offer terms. After that, the timing depends on each merchant’s own payout policy. Some merchants pay out quickly, while others only release the cashback once their return and chargeback windows have fully passed. Because these policies vary, the payout can take anywhere from a few days to up to around 90 days.
Do I earn Trading 212 Cashback alongside Merchant-Funded Offers?
On transactions that are not eligible for a Merchant-Funded offer, you will still earn the baseline Trading 212 Cashback, which is 0.5% by default. This rate may vary if other conditions, such as Cashback Investing or active promotions, are in place.
📄 Note
Some transactions are part of Boosted Offers, which are co-funded - partially by the merchant and partially by Trading 212. The percentages for each portion are specific to the offer and indicated in the app.
How is cashback calculated and paid?
- Cashback is calculated per transaction. You must earn at least £0.01 (or the equivalent in your currency) for the payout to be triggered.
- Small fractional amounts below £0.01 are accumulated until they reach 1 full currency unit (for example, 1 GBP), at which point they are paid out.
📄 Note
Accrued cashback is credited daily at 01:00 UTC.
How does Trading 212 Cashback differ from Merchant-Funded Cashback?
Key differences involve rate, limit, and activation.
Base Rate
- Trading 212 Cashback: Default (0.5%) + Variable (Cashback Investing or active promotions)
- Merchant-Funded Cashback: Variable (up to ~10%)
Monthly Cap
- Trading 212 Cashback: £15 per month
- Merchant-Funded Cashback: There could be a limit set per offer, but across all available offers, there is no monthly limit.
Further Activation Required
- Trading 212 Cashback: No
- Merchant-Funded Cashback: May need
Digital Wallet Support
- Trading 212 Cashback: Apple/Google Pay
- Merchant-Funded Cashback: Apple/Google Pay
Cashback Distributor
- Trading 212 Cashback: Trading 212
- Merchant-Funded Cashback: Merchant partners
Cashback Pending Duration
- Trading 212 Cashback: Up to 3 days
- Merchant-Funded Cashback: Up to 90 days.
Single-Use vs. Multi-Use Offers
- Trading 212 Cashback: Not Applicable
- Merchant-Funded Cashback: Depends on the offer
📄 Note
Available only to clients registered under Trading 212 UK Ltd who reside in the United Kingdom and have opted into the Cashback Programme by accepting the Terms