In 2025, neobanks are no longer just about convenience and low fees—they’re also about rewarding their customers. With cashback digital banks and fintech banking perks becoming increasingly popular, neobanks are stepping up their game to offer some of the most competitive rewards programs in the industry.
In this blog post, we’ll explore the best neobank rewards and cashback programs available in 2025. Whether you’re a frequent shopper, a travel enthusiast, or just looking to maximize your everyday spending, these neobanks have something for everyone.
Why Neobank Rewards Matter
Rewards programs are a win-win for both customers and neobanks. For customers, they offer a way to earn cashback, points, or other perks on everyday spending. For neobanks, they help build customer loyalty and encourage more frequent use of their services.
In 2025, neobanks are leveraging advanced technology and data analytics to create highly personalized rewards programs that cater to individual spending habits and preferences. Here’s what makes these programs stand out:
- Cashback on Everyday Purchases: Earn money back on groceries, dining, and more.
- Travel Rewards: Get discounts on flights, hotels, and car rentals.
- Exclusive Perks: Access to premium services like airport lounges and concierge services.
- Flexible Redemption Options: Use your rewards for statement credits, gift cards, or even investments.
Top Neobanks with the Best Rewards and Cashback in 2025
1. Revolut
Revolut has long been a leader in the neobank space, and its rewards program is no exception. In 2025, Revolut offers cashback on a wide range of categories, including dining, travel, and online shopping.
Key Features:
- Up to 10% cashback at select retailers.
- Travel perks like discounted airport lounge access.
- Rewards points that can be redeemed for gift cards or cryptocurrency.
Why It’s Great: Revolut’s rewards program is highly customizable, allowing users to choose the categories that matter most to them.
2. N26
N26 is known for its sleek design and user-friendly app, but its rewards program is equally impressive. In 2025, N26 offers cashback on everyday purchases and exclusive perks for premium users.
Key Features:
- Up to 5% cashback on select purchases.
- Free travel insurance and airport lounge access for premium users.
- Partner discounts with brands like WeWork and Babbel.
Why It’s Great: N26’s rewards program is perfect for frequent travelers and digital nomads.
3. Chime
Chime has made a name for itself with its no-fee banking and early direct deposit features. In 2025, Chime is stepping up its rewards game with a cashback program that rewards everyday spending.
Key Features:
- Cashback on everyday purchases like groceries and gas.
- Automatic savings features that round up purchases and deposit the difference into a savings account.
- No monthly fees or minimum balance requirements.
Why It’s Great: Chime’s rewards program is simple and straightforward, making it ideal for budget-conscious users.
4. Monzo
Monzo is a UK-based neobank that has gained popularity for its transparency and innovative features. In 2025, Monzo offers a rewards program that includes cashback, discounts, and exclusive offers.
Key Features:
- Cashback on dining, entertainment, and more.
- Exclusive discounts with partner brands.
- Savings pots that earn interest.
Why It’s Great: Monzo’s rewards program is highly flexible, allowing users to earn and redeem rewards in a variety of ways.
5. Varo
Varo is a US-based neobank that offers a unique combination of cashback rewards and high-yield savings. In 2025, Varo’s rewards program is one of the most competitive in the market.
Key Features:
- Cashback on everyday purchases.
- High-yield savings accounts with no fees.
- Early direct deposit and no minimum balance requirements.
Why It’s Great: Varo’s rewards program is perfect for users who want to earn cashback while also growing their savings.
How to Choose the Right Neobank for Rewards
With so many options available, choosing the right neobank can be overwhelming. Here are some tips to help you decide:
- Identify Your Spending Habits: Choose a neobank that offers rewards in the categories you spend the most on, such as dining, travel, or groceries.
- Compare Fees: Some neobanks charge monthly fees for premium rewards programs, so be sure to weigh the benefits against the cost.
- Check Redemption Options: Look for neobanks that offer flexible redemption options, such as statement credits, gift cards, or investments.
- Read Reviews: Check customer reviews and ratings to gauge the neobank’s reputation and customer service.
For a detailed comparison of neobank rewards programs, check out NerdWallet’s rewards comparisons. For insights into the best fintech banks, visit Forbes’ list of top neobanks.
The Future of Neobank Rewards
As competition in the neobank space continues to heat up, we can expect even more innovative rewards programs in the coming years. Here are some trends to watch for:
1. Personalized Rewards
Neobanks will use AI and data analytics to create highly personalized rewards programs that cater to individual spending habits and preferences.
2. Integration with Loyalty Programs
Some neobanks are exploring partnerships with existing loyalty programs, allowing users to earn and redeem points across multiple platforms.
3. Crypto Rewards
As cryptocurrency becomes more mainstream, some neobanks are offering rewards in the form of Bitcoin or other digital currencies.
4. Sustainability Perks
Neobanks are increasingly offering rewards for eco-friendly purchases, such as electric vehicles or sustainable fashion.
Conclusion
Neobanks are redefining the way we think about banking rewards. With cashback digital banks and fintech banking perks becoming more sophisticated, there’s never been a better time to switch to a neobank that rewards you for your everyday spending.
Whether you’re looking for cashback on groceries, travel perks, or exclusive discounts, the best neobank rewards programs in 2025 have something for everyone. Take the time to explore your options and choose a neobank that aligns with your financial goals.
For more insights and comparisons, visit NerdWallet and Forbes.
The future of banking rewards is here—make sure you’re taking full advantage of it!
For more tips and insights on maximizing your banking rewards, check out our comprehensive guide on How to Maximize Credit Card Rewards and Points
