Review of the CashBack Debit Card from Alfa-Bank

Despite the fact that the Alfa-Bank Cash Back debit card has one of the highest annual maintenance fees (1 990 RUB once a year), this amount is easily offset if you participate in loyalty programs. Before applying for the Alfa-Bank Cash Back debit card, we strongly recommend reviewing the tariff plan and choosing a loyalty program package that suits your parameters. Additionally, the bank offers a guaranteed interest rate of 6% per annum on the card's balance.

Cashback and loyalty program terms for the CashBack debit card from Alfa-Bank

An important condition for using the Alfa-Bank Cash Back debit card is selecting 1 out of 3 active packages at the cardholder's discretion.

1. First package: Optimum. The maintenance fee is 199 RUB per month. To waive the fee, you must spend at least 20 000 RUB and maintain a balance of at least 100 000 RUB during the reporting period. This is not available to clients who hold payroll status cards with the institution.
2. Second package: Comfort. The monthly maintenance fee is 499 RUB. The fee is waived if your turnover reaches 40 000 RUB, your account balance is at least 400 000 RUB, or if the client holds a payroll banking service.
3. Third package: Maximum+. Maintenance is 3 000 RUB per month. The fee is waived under the following conditions: spending at least 50 000 RUB per month, maintaining a balance of at least 1 million RUB, having open deposits of 3 million RUB or more at Alfa-Bank, or being the recipient of a payroll card with a volume of 250 000 RUB or more.

"Piggy Bank" program: earn 6% on your account balance

According to reviews of the Alfa-Bank CashBack debit card, the "Piggy Bank" feature allows you to earn a guaranteed percentage on your accumulated card balance. By connecting this service, you receive interest on the actual funds remaining in the account.

Important conditions for the "Piggy Bank":

• Change-saving piggy bank. You independently set a purchase percentage ranging from 1% to 30%. Afterward, once a transaction is made, a report is automatically forwarded to the "Piggy Bank".
• Salary piggy bank. Your employer credits bonuses, vacation pay, salary, or advance payments. Set up the deduction option for the "Piggy Bank" and reliably earn your percentage.

Please note that the "Piggy Bank" option is activated on the website or by calling the hotline. This option can only be changed by calling the bank's hotline.

The interest on the balance is 6%, regardless of whether the savings portion is 1 000 RUB or 1 million RUB.

If the cardholder does not activate the "Piggy Bank" option, interest will not be accrued.

Cashback and bonus loyalty programs for the Alfa-Bank CashBack debit card

In addition to interest on the account balance, an interesting feature of the Alfa-Bank CashBack debit card is cashback earnings, with reward rates ranging from 1% to 10%.

• When making a purchase, you are guaranteed to receive a 1% reward.
• In the cafes, bars, and restaurants category, the reward is 5%.
• In the gas station (azs) category, cashback is returned at a rate of 10%.
• Reward conversion rate: 1 point = 1 RUB.
• Cashback for the Alfa-Bank cashback card is accrued on the last day of the month following the reporting month in which the reward data was generated. For example, August cashback is credited on September 30.
• All bonuses can be easily exchanged for goods via the Alfa-Click service or converted into money.

At the same time, the following criteria apply to cashback accrual:

1. With spending from 10 000 to 70 000 RUB: 2.5% in the "Cafes" category, 5% at gas stations, and 0.5% for all other purchases. The total number of points cannot exceed 15 000.
2. With spending from 70 000 RUB, the total number of points is 15 000; with spending from 100 000 RUB, the total number of points is 21 000, with cashback rates of 1% for any purchases, 5% for the "Cafes" category, and 10% for gas stations.
3. If total spending is under 10 000 RUB, no cashback is accrued for the reporting period.