eToro enhances its debit card offering in the UK
Online broker eToro announced today the expansion of its Visa debit card offering in the UK, allowing users to earn 4% back in stock rewards on everyday spending.
The eToro Visa debit card, offered by eToro Money, provides users with a seamless way to spend and manage funds at home or abroad, with zero currency conversion fees.
eToro Club members in the UK can now use their eToro debit card for everyday purchases and earn 4% back in their chosen UK-listed stock from a selection of equities, which they can either sell or keep as an investment. The addition of the stock reward to their eToro portfolio is confirmed each month via email, which also offers users the option to change their chosen stock.
“With the launch of eToro’s new ‘stock-back’ scheme, we are enhancing our debit card offering for our users in the UK. Now, eligible eToro UK clients can efficiently manage their money while earning rewards on everyday purchases and continue to invest in a wide range of assets, including stocks, crypto, commodities, and ETFs via the eToro app. This new addition underscores our commitment to providing users with all the tools they need to seamlessly trade, invest, and spend,” explains Doron Rosenblum, Executive Vice President, Business Solutions at eToro.
eToro debit card holders can also enjoy exclusive luxury travel benefits. These include access to the Visa Luxury Hotel Collection platform, which offers perks like early check-in and late check-out. Additionally, they can receive discounts of up to 10% and complimentary kilometres on Sixt Car Rentals, and participate in the Visa AirRefund compensation service for flight delays and cancellations.
“At eToro, we’re committed to helping people grow their wealth through smarter financial choices,” said Dan Moczulski, Managing Director of eToro UK. “This card redefines cashback by turning every purchase into a slice of stock ownership, aligning everyday spending with long-term investing goals. From a morning coffee to the weekly shop, every purchase will quietly add to your portfolio, lowering the barrier to entry and turning investing into a simple, repeatable habit”.
The addition of stock rewards and luxury travel benefits for eToro debit card holders in the UK is one of several recent launches from eToro, with the platform recently enhancing its local offering for users in the UK and Europe by rolling out GBP or EUR accounts, alongside USD. This feature allows users to fund trades directly from their balances within their GBP or EUR account, rather than having to convert to USD by default, avoiding conversion fees when investing in UK or EU-listed stocks accordingly.
eToro’s Visa debit card is available to eToro Club members in the UK, at no issuing cost or monthly subscription fee.
To participate in the stock rewards program, users need to opt-in via a form. Users can choose from a selection of UK-listed stocks to earn 4%, up to a value of £1500 a month. This is a launch offer and it is subject to change.