Best Cashback Credit Cards in Austria (2026)
Updated: July 26 2026| Found helpful by 7 others
Updated July 26 2026. Austria has relatively few high-cashback credit cards; most value is in travel insurance, fee-free foreign spending, and rewards points, not ongoing cashback. The main options are the TF Bank Mastercard Gold (up to about 5% at partner shops, verify), Trade Republic (1% Saveback into investments), Amex Gold (Membership Rewards and Payback), Revolut and N26 Metal (limited cashback on paid tiers), and the Bitpanda Card (crypto rewards).
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.
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What Are the Best Cashback Credit Cards in Austria?
- Cashback type
- Partner-shop cashback
- Rate
- up to ~5% (verify)
- Annual fee
- EUR 0
- The catch
- Only at partner shops; ~24.79% eff. APR if you carry a balance
- Cashback type
- Saveback (into investments)
- Rate
- 1% of spend
- Annual fee
- EUR 0
- The catch
- Paid as investment, not cash; needs a EUR 50/mo plan
- Cashback type
- Membership Rewards + Payback
- Rate
- ~1 point/EUR (verify)
- Annual fee
- ~EUR 155/yr (verify)
- The catch
- Points, not cash; lower acceptance in Austria
- Cashback type
- Partner cashback (paid tier)
- Rate
- Select partners only
- Annual fee
- EUR 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
- EUR 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
- EUR 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
- EUR 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.
TF Bank Mastercard Gold
A free revolving Mastercard from TF Bank with up to about 5% cashback at partner shops (verify on provider site, July 2026). No annual fee and travel insurance included. Pay the statement in full, because the effective APR is about 24.79% if you revolve a balance.
Why we recommend it: The closest thing to a partner-shop cashback credit card in Austria, at a permanently EUR 0 annual fee.
Best for: Shoppers who buy through the card's partner-shop portal and pay the balance in full each month
Pros
- Up to ~5% cashback at partner shops (verify on provider site, July 2026)
- No annual fee, permanently EUR 0
- Travel insurance included
Cons
- Cashback only through partner shops, not flat-rate
- Revolving credit card: ~24.79% effective APR if you carry a balance
- Customer support primarily in German
- Up to ~5% cashback at partner shops (verify on provider site, July 2026)
- EUR 0 annual fee
- Travel insurance package included
- Up to 51 days interest-free on purchases
- Worldwide Mastercard acceptance
Trade Republic Card
A free Visa debit card that pays 1% Saveback of your card spending into your Trade Republic investment savings plan instead of cash. Best for people who already invest through Trade Republic and want spending to build long-term savings.
Why we recommend it: Turns everyday spending into 1% invested savings, the most reliable ongoing reward for people who already invest.
Best for: Investors who want every purchase to top up their savings plan rather than pay cash back
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 EUR 50 per month savings plan
- Debit card, so no revolving credit or grace period
- 1% Saveback into your savings plan (requires EUR 50 per month plan)
- EUR 0 annual fee
- No foreign transaction fees
- Instant spending notifications
- EU IBAN, no Austrian bank account required
American Express Gold
A charge card earning Membership Rewards plus Payback points, roughly 1 point per euro (verify on provider site, July 2026). Strong travel value if you redeem points well, but Amex acceptance in Austria is narrower than Visa or Mastercard.
Why we recommend it: Best points earner in Austria if you shop at Payback partners and redeem Membership Rewards for travel.
Best for: Frequent travelers who redeem Membership Rewards and already use Payback partners in Austria
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 EUR 155 per year (verify on provider site, July 2026)
- Lower merchant acceptance across Austria
- Points, not cash, so value depends on redemption
- Membership Rewards on every purchase
- Payback points at partner retailers
- Travel and purchase protection
- Points transfer to Star Alliance and hotel programs
- Annual fee: about EUR 155 (verify on provider site, July 2026)
N26 Metal
N26's premium tier at EUR 16.90 per month. Cashback is limited to selected partner brands, so the real value in Austria is no foreign-exchange fees worldwide plus comprehensive travel insurance, not ongoing cashback.
Why we recommend it: Cashback is marginal, but the fee-free foreign spending and travel insurance are the real value for frequent travelers.
Best for: Frequent travelers who value 0% foreign spending and travel insurance more than headline cashback
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 EUR 16.90
- Debit card, so no revolving credit
- Cashback with selected partner brands
- No foreign exchange markup worldwide
- Comprehensive travel and medical insurance
- Up to 8 free ATM withdrawals per month
- Monthly fee: EUR 16.90
Bitpanda Card
A free debit card from Vienna-based Bitpanda paying up to about 2% rewards in crypto (verify on provider site, July 2026). The headline rate is high, but rewards are paid in a volatile asset and any gains may be taxable, so treat it as a crypto product, not a cash-back card.
Why we recommend it: Highest headline reward rate of the free cards, but paid in crypto, so only for people comfortable holding a volatile asset.
Best for: Crypto users who want rewards in Bitcoin or other assets and accept price volatility
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
- Not a traditional cashback credit card
- Up to ~2% rewards in crypto (verify on provider site, July 2026)
- EUR 0 annual fee
- Pick your reward asset (Bitcoin, Ethereum, and more)
- Spend directly from your Bitpanda balance
- Visa acceptance worldwide
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 (EUR 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 EUR 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 EUR 0.005 to EUR 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 EUR 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 EUR 1,500 per month of eligible spending, you earn about EUR 15 per month, or EUR 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 | EUR 1,500 |
| Cashback rate | 1% |
| Gross cashback per year | EUR 180 |
| Less annual fee (example fee card) | - EUR 155 |
| Net on a EUR 155 fee card | EUR 25 |
| Net on a EUR 0 free card | EUR 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 EUR 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 EUR 0.005 to EUR 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 (EUR 16.90 per month) and Revolut paid plans (EUR 0 to EUR 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 EUR 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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