How cashback works

Modified on Fri, 4 Sep at 3:52 PM

Every eligible card transaction earns cashback in USD — not in crypto, not in tokens. Cashback accrues automatically with no action required on your part.

Cashback rates by tier

BasePremiumElitePrivateBespoke
Cashback rate0.50%1.00%3.00%5.00%8.00%

The rate applied to a transaction is determined by the tier you hold at the time of the transaction. If your tier changes after a transaction has settled, cashback already credited is not adjusted.

Cashback is credited to your Rewards balance once a transaction has fully settled. Settlement may take a short period after a transaction completes.

Which transactions earn cashback

Cashback is earned on eligible card purchases. Not all transactions qualify — the sections below set out what is excluded.

Transactions not eligible for cashback

The following transaction types do not earn cashback:

  • ATM withdrawals. Cash withdrawals made with your Wirex One card at ATMs or over the counter at financial institutions are not eligible.
  • Cash advances. Cash advance transactions at banks or other financial institutions are not eligible.
  • Crypto purchases. Transactions used to purchase cryptocurrency via your Wirex One card are not eligible.
  • Gambling transactions. Any transaction made at a gambling establishment — including casinos and online gambling platforms — is not eligible.
  • Refunded or cancelled transactions. If a transaction is refunded, cancelled, or returned, any cashback associated with it will not be credited or will be reversed.

Merchant Category Codes excluded from cashback

Cashback is not paid on transactions processed under the following Merchant Category Codes (MCC):

MCCDescription
4304MCC unknown
4829Money Orders Wire Transfer
5292MCC unknown
5295MCC unknown
5415MCC unknown
6010Financial institutions Manual cash withdrawal
6011Financial institutions Cash withdrawal automatically
6012Financial institutions Cash withdrawal automatically
6022Financial Institution RCL Internal
6023State Banks RCL Internal
6025National Banks RCL Internal
6026National Banks Non Federal RCL Internal
6028Unincorporated Private Banks RCL Internal
6050Financial institutions trade and services
6051Financial institutions quasi-cache YANDEX.MONEY FastLife.su ETC
6211Non-financial institutions - quasi-cache
6300Insurance Sales, Underwriting, and Premiums
6529Remote Stored Value Load Financial organizations
6530Remote Stored Value Load vendor
6531Payment for services money transfers
6532Payment transaction financial institution
6534Money Transfer Financial Institution
6535Claims on Values Financial Institutions
6536MasterCard MoneySend inside the country
6537MasterCard MoneySend between countries
6538MasterCard MoneySend Funding
6539Transaction on financing excluding MoneySend
6540Transactions on financing POI except MoneySend
6611Overpayment down payments
6760Bonds of Savings Loan
7012Time shar Hotel
7399Business Services
8664MCC unknown
8999Professional Services
9034I-Purchasing Pilot
9211Judicial payments including alimony and child support
9222penalty
9223Payments on bonds and bonds
9311Tax payments
9399Government services nowhere else classified
9401I-Purchasing Pilot
9402Postal services are only governmental
9405Government procurement only government
9411Payments on the state loan
9700Automated Referral Service VISA
9701Credential Verification Service Visa
9702Emergency services GCAS only VISA
9950In-house purchases
9999MCC unknown

If you have a question about a specific transaction, contact our support team.

Still have questions?

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