Aldi to launch cashback withdrawal service on purchases over one euro

At its 2.200 shops, Aldi-Nord will soon allow customers to withdraw up to 200 euros in cash when they make purchases for as little as one euro.

Aldi-Nord to introduce cashback in supermarkets

Customers shopping at Aldi-Nord will soon be able to withdraw money at the supermarket by requesting cashback on any purchase which is over one euro. The cash withdrawal will be charged to their bank account in exchange for cash from the supermarket till.

At the company’s 2.220 shops across, west, north and eastern Germany, customers will be able to withdraw as much as 200 euros. The supermarket said that it will accept all Maestro, V-Pay, Master and Visa cards.

It has long been possible to get cashback at German supermarkets, but only when customers make a purchase worth at least five to 20 euros, depending on the store.

The new Aldi-Nord cashback scheme is being introduced after it was trialled in three regions. Aldi in Germany is made up of both Aldi-Nord and Aldi-Süd, divided by a border which runs from Essen, through Hesse, south of Thuringia and Saxony, and dictates which version of the supermarket locals are offered. For now, cashback on purchases of one euro will only be possible at Aldi-Nord.

Cash remains the favourite in Germany

The news comes as another study confirms that cash is still king in Germany, but preferences for card or cash payments differ across the country.

According to a report by Tagesspiegel, the cash preference is most persistent in the north, where just 21 percent prefer paying with card.

This is compared to 32 percent in western Germany, 46 percent in the south and 47 percent in the east. 

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