How Does Binance Brazil Card Cashback Work?

The Binance Brazil Card offers cashback for every purchase you make with the card*. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Cashback is calculated on a daily basis for each settled** purchase from the previous date. Binance will continue to add new benefits and perks to this program. You can click here to learn more about how your BNB holdings are calculated.

In case of a refund, Binance has the right to claw back the cashback. The deducted BNB amount is calculated as the initial BUSD amount of the cashback on the date of the settlement and converted to the BNB amount on the date of the deduction. In other words, the deducted amount always has the same BUSD value as initially granted, but may have a different BNB value due to the different BUSD-to-BNB exchange rates on the date of the settlement and the date of the deduction.

*Cashback is paid daily in BNB to your Funding Wallet. The Binance Brazil Card Cashback Program only applies to eligible purchases made with your Binance Brazil Card. The list of qualified merchants and conditions is subject to change at Binance’s sole discretion.

Binance has the right to the final interpretation of whether the transaction is a subject of the reward (aka the cashback). We recommend you use your Binance Brazil Card directly for payments instead of using external e-wallets. Doing this can increase your chances of getting BNB cashback for your purchases.

**"Settled" purchase or transaction means that the funds of this purchase have arrived in the seller's bank account, e.g., your grocery store. The process of settlement is performed by the payment network and may take up to 30 days.

The Binance Brazil Card has 7 card levels. Each level has a percentage reward as shown in the table below.

You may check your card Level in the [Card] dashboard from the [Card Info] section or the transaction history.

*BNB monthly average balance means the average holdings of BNB in your Binance wallets for a period of 29 days before yesterday. The amount of the BNB in the column is the minimum amount for being qualified for the respective cashback levels. For example, if your BNB monthly average balance is 5 BNB, which is between 1 BNB (card level 2) and 5 BNB (card level 3), you are qualified for card level 2 and can receive 2% cashback on your purchases.

You can see the cashback rewards under [Transaction History] along with the original purchases. Cashback is calculated and transferred to your Funding Wallet after the purchase is settled (typically happens a few days after the purchase).

Please note that the following types of transactions are excluded from the BNB Rewards program calculation: transactions on digital wallets, digital banking services, crypto exchanges, stored value products, and money remittance services. The list of qualified merchants is subject to change at Binance and its partners’ sole discretion.

Lifetime Cashback Earnings are cashback rewards you receive in your Funding Wallet at the beginning of the cashback program.

Yes, there is a monthly limit for cashback.

In case the cashback received for the current month exceeds the threshold for your card level at the moment of the cashback calculation, you will only be rewarded partial cashback within the cap for the card level. Any further purchases you make within the month will not be rewarded.

Cashback is calculated from the first day of the month at 00:00:00 UTC. The cashback limit will be reset every month, and you will be able to receive cashback rewards again in full according to your card level.