Wednesday, December 11, 2019

Third phase of ‘Eat Shop Spend’ scheme approved, offering 20% cashback

Nov 12. 2019
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By The Nation

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The Cabinet today (November 12) approved the third phase of ‘Eat Shop Spend’ scheme, offering 20 per cent cashback and giveaway of Bt1,000 vouchers, said Finance Minister Uttama Savanayana.

The new phase, intended as another stimulus to the economy, will start on Thursday( November 14), he added.

However, there will be no giveaway of 1,000 vouchers to the first wallet as in the first two phases. Users will have to top up for their spending to be eligible for the cash-back reward. For purchases under Bt30,000, users will receive 15 per cent cashback, while the portion exceeding Bt30,000 will be rewarded with 20 per cent cashback.

There will also be adjustments to the location regulation, limiting the areas of shopping for users. For instance, they could no longer enjoy the privileges in their hometowns as in the previous phases.

Registration for the third phase of the scheme is scheduled from November 14 to January 31, 2020.

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