National Cashback Program to Cease
The 'National Cashback' program will be terminated as of May 1, 2024. The accrual for May will be the final one, and participants have until June 30 to spend any accumulated funds. After this deadline, any unspent money will be permanently returned to the state budget. This initiative was designed to provide financial support to citizens.
“The money already accumulated in your account will not disappear. It can be spent until June 30,” states the Honest Informer.
How to Obtain a Cashback Card
You can obtain a cashback card without needing a smartphone or internet access. To apply, you must present your passport and tax identification code. Applications can be processed at a bank, through a postal carrier, or at a post office.
“You can get one simply at a bank or through a postal carrier, using just your passport and identification code,” reports the Honest Informer.
Using these accumulated funds can lead to significant savings for citizens. Currently, the eligible spending categories for this money include:
- utility bill payments
- medicines
- groceries
Therefore, while the 'National Cashback' program is concluding, the opportunity to use saved funds remains available until June 30.
“Any remaining balance will be returned to the budget permanently,” the source emphasizes.
The termination of the 'National Cashback' program may affect the financial situation of many Ukrainians who were counting on using these funds for essential expenses. Given current economic challenges, it is crucial for citizens to utilize this opportunity before June 30, as unspent money will be forfeited. This deadline is a key factor for household budget planning in the coming months.
As the National Cashback program adjusts its rates, understanding how to maximize your benefits becomes essential for effective financial planning. With the impending deadline for using accumulated funds, it’s crucial to explore all available options to ensure you make the most of your cashback before it expires.