London, United Kingdom, March twenty second, 2024, FinanceWire
● Affords 1-1.5% cashback on all card spend with a £200 monthly cap* – fee-free
UK spending super-app HyperJar is including to its characteristic set with cashback on all spending, some of the compelling cashback affords out there. All clients who join a full account earlier than midnight on 31 March 2024 will get 1% cashback on month-to-month spending as much as £500.00, and 1.5% on spending above this for as much as 5 months*.
How HyperJar measures as much as different main UK cashback accounts
HyperJar Cashback Vouchers
In addition to cashback on each spend, HyperJar is the one digital pockets to supply instantaneous a reimbursement on ‘Cashback Vouchers’ – or e-gift playing cards. Every of the 100+ retailers featured within the app affords charges of between 1% and 20% on the Voucher’s worth. The cashback is paid instantly right into a HyperJar account after shopping for a Cashback Voucher – so no ready for factors or a minimal quantity to accrue – which is saved within the app, prepared to make use of in-store or on-line. HyperJar estimates that, when used for typical UK spending on issues like groceries, style and consuming out, their Vouchers may add an additional £500 a yr to family budgets.
HyperJar options and advantages 2024
- As much as 1.5% cashback on on a regular basis card spending for brand spanking new clients who enroll on or earlier than 31/3/24, till 31 August 2024
- As much as 20% instantaneous cashback once you purchase Cashback Vouchers with over 100 main retailers
- Limitless sub-accounts – proven as Jars within the app – which may all be linked to the sensible HyperJar funds card for direct spending
- Shared Jars with another HyperJar buyer create pop-up digital kitties for group bills. Set particular person permissions for paying in and spending for every sharer and see a full checklist of Jar transactions that exhibits who’s completed what
- No added charges from HyperJar on FX spending
- Limitless youngsters’ playing cards
- Customer deposits are stored in safeguarded accounts on the Financial institution of England and different banks, ruled by the e-money laws of the Monetary Conduct Authority
* References and notes
1. HyperJar cashback supply applies to new clients signing up for a full account and spending not less than as soon as, as much as and together with 31/3/24. Cashback is calculated on card spending per calendar month as much as 31/8/24. The cashback might be added as a lump sum 30 days after the tip of every qualifying calendar month. Phrases & Circumstances here.
2. Some classes and gadgets don’t qualify for cashback, comparable to paying off bank cards and playing. The complete checklist of exclusions is obtainable here.
3. HyperJar Cashback Vouchers are like digital reward playing cards. For instance, a 5% cashback price would imply you purchase £100.00 Model Cashback Voucher and get £5.00 cashback into your HyperJar account immediately. A listing of all Cashback Companions is within the app.
4. Trustpilot scores for HyperJar; Chase Financial institution UK; and Santander UK taken on 07/03/24
5. Class spending estimates given are primarily based on ONS Household Spending knowledge. The typical cashback charges given in Desk 2 is predicated on the present common of all cashback charges for related companions.
About HyperJar
HyperJar is a London-based Fintech. It raised Sequence A funding of USD$24mm in 2023, one of many largest Sequence-A rounds for a European enterprise that yr. Its award-winning digital pockets is a brilliantly efficient, visually partaking spending app with a pay as you go debit card that helps folks to Spend Life Nicely. Behind the straightforward concept of managing cash in digital jam jars is a variety of world-first tech, providing entry to all sorts of rewards from main manufacturers alongside distinctive instruments for partitioning, planning, sharing and controlling cash. The app at present has 580k+ clients and is the top-rated digital account on the most important UK evaluation and app retailer websites.
HyperLayer is the corporate’s B2B enterprise. It offers digital pockets tech globally to organisations who need to supply spending and different companies to their clients or staff. These organisations embody banks, asset managers, pension funds, retailers, and any enterprise whose shoppers are additionally spenders.
Since public launch into UK app shops in October 2020, HyperJar has gained 14 awards for its app and proprietary know-how:
● Client Finance Product of the Yr, FStech Awards 2024
● Cash Administration Platform of the Yr, Funds Awards 2023
● Greatest Cell Funds Answer, Funds Awards 2023
● Greatest Client Funds Platform, PAY360 Awards 2023
● Greatest Youngsters’s Monetary Supplier, British Financial institution Awards 2023
● Banking Tech of the Yr, UK FinTech Awards 2023
● Greatest Use of Cell, FStech Awards 2023
● Greatest Future Funds Initiative, Card & Funds Awards 2023
● Startup of the Yr, UK Fintech Awards 2022
● Private Finance Tech of the Yr, UK Fintech Awards 2022
● Greatest Fee Trade Newcomer, Card & Funds Awards 2022
● Innovation of the Yr, British Financial institution Awards 2022
● Extremely Recommended, Greatest Private Finance App, British Financial institution Awards 2022
● Most Disruptive Funds Expertise of the Yr, Funds Awards 2021
● Cash Administration App of the Yr, Funds Awards 2021
Cash paid into HyperJar accounts is stored in safeguarded accounts managed by Modulr FS Restricted, an authorised Digital Cash Establishment regulated by the Monetary Conduct Authority. Modulr is a immediately related participant to the Quicker Funds and Bacs schemes. Mastercard, the world’s quickest fee processing community, offers the fee rails for the HyperJar pay as you go card. Carta Worldwide receives and processes all of the Mastercard transactions. Monavate Ltd, authorised by the Monetary Conduct Authority, points the HyperJar card. TagNitecrest produces the HyperJar Mastercard.
Contact
Head of brand name & communications
Tricia Beaumont
HyperJar Ltd
[email protected]
+44(0)7717437196
