For Individual Clients

Joint cashback campaign by Ameriabank and Carrefour*

Joint cashback campaign by Ameriabank and Carrefour* for Ameriabank cardholders   

Within the scope of the campaign Ameriabank’s cardholders** who do shopping at Carrefour hypermarket will get 10% cashback for the paid amount. 

 

Details of the campaign:

  • The campaign is valid for shopping at Carrefour Yerevan Mall on Mondays and at Carrefour Rossia Mall on Wednesdays.
  • The cashback is subject to income tax as per then effective rates defined by the Tax code (up to AMD 150,000 cashback will be subject to 23% income tax).
  • Cashback is provided only for the client’s first card payment. 
  • Cashback limit within the scope of this campaign is 10% of the purchase but in any case maximum AMD 4000 (including applicable taxes). 
  • The campaign will be effective from April 1, 2019 till December 31, 2019, inclusive.
  • Cashback is paid until the last business day of the month following the month of transaction. 

 

Cashback calculation examples:  

 

Example 1

Suppose you did AMD 50,000 shopping at Carrefour Yerevan Mall on Monday. 

Your cashback will be calculated as follows: 

  1. 10% of your transaction will be 50,000*10/100 = AMD 5,000
  2. Since it exceeds the maximum cashback limit, you will receive AMD 4000 cashback. 
  3. Cashback amount will be transferred to your account after taxation: 4,000*(1-23/100) = AMD 3,080 
 

Example 2

Suppose you did AMD 10,000 shopping at Carrefour Rossia Mall on Wednesday and then on the same day you shopped for another AMD 5,000. 

You will receive cashback only for the first transaction. 

  1. 10% of your transaction will be 10,000*10/100 = AMD 1,000
  2. Since it does not exceed the maximum cashback limit, you will receive AMD 770 cashback (less the taxes): 1,000*(1-23/100) = 770
 

Example 3

On Monday you did AMD 8,000 shopping at Carrefour Yerevan Mall and paid by your XXXX-XXXX-XXXX-XXXX (Card A), then, on the same day, you did AMD 20,000 shopping and paid by your XXXX-XXXX-XXXX-XXXX (Card B). You will receive cashback only for your first transaction.

  1. If you have paid for the first transaction by Card A, then cashback will be calculated and paid for AMD 8000 transaction. 
  2. 10% of your transaction will be 8000*10/100 = AMD 800
  3. Since it does not exceed the maximum cashback limit, you will receive AMD 616 cashback (less the taxes): 800*(1-23/100) = AMD 616 
   

Thank you for using our services.     

 


Ameriabank CJSC  
2 V. Sargsyan st., Yerevan  
Tel.: (+37410) 56 11 11 
 
Majid Al Futtaim Hypermarkets AM LLC 
34 Arshakunyats ave. 
Tel.: (+37411) 30 07 00 
 

* Majid Al Futtaim Hypermarkets AM LLC 
**not applicable to Gift Cards and Business Cards   

Updated 05.04.2019, 16:15

Services for Individuals

  
HEAD OFFICE

2 Vazgen Sargsyan Street, Yerevan 0010,RA

Tel.: +37410 56 11 11

USA:

+1 888 802 5352

UK:

+448000903191

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