It's a common misunderstanding: many people think they need to open a new bank account or switch cards to benefit from cashback. In reality, that's not the case.
Cashback is triggered by the purchase, not by the bank
Cashback is tied to the act of buying from a partner retailer, not to the bank that processes your payment. Whether you pay by card, bank transfer, or any other method accepted by the retailer, what matters is that the purchase was initiated through the cashback platform's app or link.
In practice, you keep using the bank card you already have, in the wallet you already have, with the bank you already know.
Why PayHope makes this choice
PayHope wants to remove a common barrier to adopting financial solutions: the administrative hassle of switching banks. Our conviction is that cashback with a cause should be accessible immediately, with no complicated process and no need to give up your habits.
A broader banking vision (such as a PayHope account or card) could exist one day, but it remains a long-term ambition. Today, the priority lies elsewhere: helping you get money back on your everyday purchases, while giving those same purchases more meaning.