Best Cashback Credit Cards in Austria (2026)
Updated: August 3 2026| Found helpful by 11 others
Cards that pay cashback
The main cashback options are the TF Bank Mastercard Gold (up to about 5% at partner shops, verify before applying), Trade Republic (1% Saveback paid into investments), Revolut and N26 Metal (limited cashback on paid tiers), and the Bitpanda Card (crypto rewards).
Where the value actually is
Austria has relatively few high-cashback credit cards, so treat any headline rate as a bonus rather than the reason to apply. Most real value sits in travel insurance, fee-free foreign spending and rewards points, for example Amex Goldwith Membership Rewards and Payback. Confirm every rate on the issuer’s own site.
The honest Austrian caveat
Austria has relatively few high-cashback credit cards. Most value is in travel insurance, fee-free foreign spending, and rewards points, not ongoing cashback. Treat any headline cashback rate as a bonus, and always confirm it on the provider’s own site before applying.
What Are the Best Cashback Credit Cards in Austria?
- Cashback type
- Partner-shop cashback
- Rate
- up to ~5% (verify)
- Annual fee
- €0
- The catch
- Only at partner shops; ~25.09% eff. APR if you carry a balance
- Cashback type
- Saveback (into investments)
- Rate
- 1% of spend
- Annual fee
- €0
- The catch
- Paid as investment, not cash; needs a €50/mo plan
- Cashback type
- Membership Rewards + Payback
- Rate
- ~1 point/EUR (verify)
- Annual fee
- ~€155/yr (verify)
- The catch
- Points, not cash; lower acceptance in Austria
- Cashback type
- Partner cashback (paid tier)
- Rate
- Select partners only
- Annual fee
- €16.90/mo
- The catch
- Cashback marginal; value is 0% FX + travel insurance
- Cashback type
- Cashback on paid plans
- Rate
- up to ~1% (paid, verify)
- Annual fee
- €0-45/mo by tier
- The catch
- Free plan gives little to no cashback; caps apply
- Cashback type
- Rotating retailer offers
- Rate
- Varies by offer (verify)
- Annual fee
- €0 (Basic)
- The catch
- Offer-based, not flat-rate; revolving APR if unpaid
- Cashback type
- Crypto rewards
- Rate
- up to ~2% in crypto (verify)
- Annual fee
- €0
- The catch
- Reward paid in crypto; value swings, gains are taxable
Sources: Provider websites (TF Bank, Trade Republic, American Express, N26, Revolut, Santander, Bitpanda). Cashback rates as of July 2026 and marked “verify on provider site, July 2026”: partner-shop and promotional rates change often, so confirm the current terms before applying.
Sorting changes the order of the provider cards below.
Our overall pick below is TF Bank, from TF Bank Mastercard Gold.
TF Bank Mastercard Gold
The closest thing to a partner-shop cashback credit card in Austria, at a permanently €0 annual fee.
- Card fee
- €0 / year
- RewardsBest
- Up to ~5% at partner shops
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Mastercard
- Credit check
Credit check
Whether the issuer queries KSV1870, Austria's credit bureau, before approving you. A check can fail on a thin Austrian record, however solid your finances are.
- Yes
Prices as of August 2026, verify on the provider site.
Pros
- Travel insurance included
- Up to 51 days interest-free on purchases
- Worldwide Mastercard acceptance
Cons
- Cashback only through partner shops, not flat-rate
- Revolving credit card: ~25.09% effective APR if you carry a balance
Best for Shoppers who buy through the card's partner-shop portal and pay the balance in full each month
Trade Republic Bank GmbH, Germany
Trade Republic Card
Turns everyday spending into 1% invested savings, the most reliable ongoing reward for people who already invest.
- Card fee
- €0 / year
- Rewards
- 1% Saveback to savings plan
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Visa
- Credit check
Credit check
Whether the issuer queries KSV1870, Austria's credit bureau, before approving you. A check can fail on a thin Austrian record, however solid your finances are.
- None
More details
- FX fee
FX fee
What the issuer adds when you pay in a currency other than euro (Auslandseinsatzgebühr). Typically 1.75% to 2%, so 0% is a real saving abroad.
- None
Prices as of August 2026, verify on the provider site.
Pros
- 1% Saveback of card spending into your investment plan
- No annual fee, no foreign transaction fees
- Accepts an EU IBAN, no Austrian account needed
Cons
- Reward is invested, not paid as spendable cash
- Requires an active €50 per month savings plan
Best for Investors who want every purchase to top up their savings plan rather than pay cash back
American Express Austria
American Express Gold
Best points earner in Austria if you shop at Payback partners and redeem Membership Rewards for travel.
Annual fees as of August 2026, from americanexpress.com/de-at.
- Card fee
- ~€155 / year
- Rewards
- Membership Rewards + Payback
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- American Express
- Credit check
Credit check
Whether the issuer queries KSV1870, Austria's credit bureau, before approving you. A check can fail on a thin Austrian record, however solid your finances are.
- Yes
Prices as of August 2026, verify on the provider site.
Pros
- Earns Membership Rewards plus Payback points, ~1 point per euro (verify on provider site, July 2026)
- Travel and purchase perks included
- Points transferable to airline and hotel partners
Cons
- Annual fee around €155 per year (verify on provider site, July 2026)
- Lower merchant acceptance across Austria
Best for Frequent travelers who redeem Membership Rewards and already use Payback partners in Austria
N26 Bank SE, Germany
N26 Metal
Cashback is marginal, but the fee-free foreign spending and travel insurance are the real value for frequent travelers.
Standard is free. Paid tiers as of August 2026, from n26.com/en-at/plans.
- Card fee
- €16.90 / month
- Rewards
- Partner discounts, no cashback
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Mastercard
- Credit check
Credit check
Whether the issuer queries KSV1870, Austria's credit bureau, before approving you. A check can fail on a thin Austrian record, however solid your finances are.
- None
More details
- FX fee
FX fee
What the issuer adds when you pay in a currency other than euro (Auslandseinsatzgebühr). Typically 1.75% to 2%, so 0% is a real saving abroad.
- None worldwide
Prices as of August 2026, verify on the provider site.
Pros
- Partner cashback with selected brands
- No foreign exchange fees worldwide
- Comprehensive travel insurance included
Cons
- Cashback is limited and partner-only, not flat-rate
- Monthly fee of €16.90
Best for Frequent travelers who value 0% foreign spending and travel insurance more than headline cashback
Bitpanda Card
Highest headline reward rate of the free cards, but paid in crypto, so only for people comfortable holding a volatile asset.
- Card fee
- €0 / year
- Rewards
- Up to ~2% paid in crypto
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Visa
- Credit check
Credit check
Whether the issuer queries KSV1870, Austria's credit bureau, before approving you. A check can fail on a thin Austrian record, however solid your finances are.
- None
Prices as of August 2026, verify on the provider site.
Pros
- Up to ~2% rewards paid in crypto (verify on provider site, July 2026)
- No annual fee
- Choose which asset to earn rewards in
Cons
- Reward value fluctuates with the crypto market
- Gains on rewards can be taxable in Austria
Best for Crypto users who want rewards in Bitcoin or other assets and accept price volatility
Cashback and rewards providers we compare
The honest answer: Austria has few true flat-rate cashback credit cards compared with the US or UK. The TF Bank Mastercard Gold gives up to about 5% at partner shops (verify on provider site, July 2026), Trade Republic pays 1% Saveback into investments, and the Bitpanda Card pays up to about 2% in crypto. Everything else is points or travel value, not cash back.
For everyday flat-rate cash back on all spending, no Austrian card matches the 1.5% to 2% American cards. Pick the reward that fits how you spend: partner shops (TF Bank), investing (Trade Republic), points and travel (Amex Gold, N26 Metal), or crypto (Bitpanda). Use our full credit card comparison to weigh fees against the reward.
How Do Cashback Models Work in Austria?
Austrian cards use five reward models, and only one pays flat-rate cash. Direct cashback is rare and usually partner-limited. Most cards instead run travel cashback, Saveback into investments, points programs, or a bank Umsatzbonus. Knowing which model a card uses tells you whether you get spendable cash or a locked-in reward.
1. Direct cashback
A percentage of spending paid back as real money. In Austria this is rare and usually partner-limited: the TF Bank Mastercard Gold pays up to about 5% at partner shops (verify on provider site, July 2026), not on all purchases.
2. Travel cashback
Value returned as fee-free foreign spending, travel insurance, and lounge access rather than cash. N26 Metal (€16.90/mo) and Revolut paid plans are built around this, which is where their real value sits in Austria.
3. Saveback / investment cashback
A reward paid into an investment plan instead of cash. Trade Republic pays 1% Saveback of card spending into your savings plan (requires a €50/mo plan). You build long-term investments, not spendable money.
4. Points programs
Earn points you redeem later: Membership Rewards and Payback (Amex), and Miles & More (Austrian Airlines, Lufthansa). Roughly 1 point per euro (verify), worth about €0.005 to €0.01 each, so under 1% effective unless you redeem well.
5. Umsatzbonus (annual turnover bonus)
Some Austrian banks like Erste Bank and Sparkasse credit an Umsatzbonus once your yearly card spend passes a threshold. It is a small refund or fee waiver, not flat-rate cashback; check your card’s Entgeltinformation for the exact terms.
Is Cashback Worth It in Austria?
When it is worth it
- You pay the full statement every month, so no interest.
- You shop at partner shops (TF Bank) or already invest (Trade Republic).
- You spend enough abroad for 0% FX to beat the fee (N26 Metal).
- You redeem points at above €0.01 each.
When it is not
- You use Teilzahlung or carry a balance: ~22% to 25% interest erases gains.
- You pay a fee the cashback never earns back.
- Rewards are capped or limited to a few partners.
- You spend in foreign currency on a card with FX fees.
Cashback is worth it in Austria only under tight conditions. There are few true cashback cards, most rewards are capped or partner-limited, and the biggest risk is instalment payment (Teilzahlung). A revolving balance costs roughly 22% to 25% effective interest per year, so a 1% cashback return is wiped out many times over.
Watch the exclusions: many cashback offers exclude rent, utilities, insurance, and cash withdrawals. Add foreign-currency fees of about 1.5% on traditional bank cards and the reward can turn negative. The rule is simple: pay in full, avoid Teilzahlung, and treat cashback as a bonus on spending you would do anyway, never a reason to spend more.
How Much Can You Actually Earn from Cashback?
Do the math before you apply. At 1% cashback on €1,500 per month of eligible spending, you earn about €15 per month, or €180 per year. That is the gross figure; caps, exclusions, and any annual fee cut it down. On a free card paid in full, most of it is real; on a fee card, subtract the fee first.
| Monthly eligible spend | €1,500 |
| Cashback rate | 1% |
| Gross cashback per year | €180 |
| Less annual fee (example fee card) | - €155 |
| Net on a €155 fee card | €25 |
| Net on a €0 free card | €180 |
Illustrative example, July 2026. Assumes all spend is eligible and no monthly cap; real caps and exclusions reduce the figure. Confirm the current rate and cap on the provider’s own site.
The takeaway: on average spending, cashback in Austria is worth tens, not hundreds, of euros per year. A free card paid in full keeps the full €180; a fee card needs the reward to clear the fee before it pays off. If you carry a balance even once, the ~22% to 25% interest turns the whole thing into a loss.
Frequently Asked Questions
Which Austrian card has the best cashback?
There is no single best flat-rate cashback card in Austria. The TF Bank Mastercard Gold offers up to about 5% at partner shops (verify on provider site), Trade Republic pays 1% Saveback into investments, and the Bitpanda Card pays crypto rewards. For everyday flat-rate cash back, Austrian options are limited, so most value comes from points and travel perks instead.
Is Payback worth it in Austria?
Payback works in Austria mainly through the American Express Gold and Amex Payback cards, earning about 1 point per euro plus partner bonuses (verify on provider site). Points are worth roughly €0.005 to €0.01 each, so the effective return is under 1%. It is worth it only if you already shop at Payback partners and pay the annual fee back in value.
Do N26 and Revolut give cashback in Austria?
Only on paid tiers, and only in a limited way. N26 Metal (€16.90 per month) and Revolut paid plans (€0 to €45 per month) offer cashback with selected partner brands, not flat-rate cash back on all spending. Their real value in Austria is fee-free foreign spending and travel insurance, not ongoing cashback.
What is Saveback and how does it differ from cashback?
Saveback is Trade Republic’s reward that pays 1% of your card spending into your investment savings plan instead of paying cash. You need an active savings plan of at least €50 per month. It builds long-term investments rather than giving spendable cash, so it suits investors, not people who want money back today.
Does instalment payment (Teilzahlung) cancel out cashback?
Yes. Revolving credit cards and instalment plans (Teilzahlung) in Austria charge roughly 22% to 25% effective interest per year. A 1% cashback return is wiped out many times over if you carry a balance. Always pay the full statement in time, so cashback stays a net gain rather than a loss.
What is the Umsatzbonus at Austrian banks?
The Umsatzbonus is an annual turnover bonus that some Austrian banks like Erste Bank and Sparkasse credit once your yearly card spend passes a threshold. It is a small refund or fee waiver, not true flat-rate cashback, and the amount depends on your total spend. Check your card’s Entgeltinformation for the exact terms.
German Terms Glossary
- Cashback
- Cash back on card spending
- Umsatzbonus
- Annual turnover bonus
- Teilzahlung
- Instalment payment (accrues interest)
- Bonusprogramm
- Rewards / points program
- Entgeltinformation
- Fee information sheet
Sources: Provider websites (TF Bank, Trade Republic, American Express, N26, Revolut, Santander, Bitpanda), Erste Bank / Sparkasse. Cashback and reward rates as of July 2026; verify on the provider’s own site before applying. Updated: July 2026.
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