Mercantile Bank Launches 20% Cash-Back and Supermarket Discounts
Mercantile Discount Bank launched a consumer campaign offering a 20% cash-back on international sites like Amazon and doubled domestic grocery discounts to 20% via digital vouchers for the upcoming shopping season.
As the November shopping season kicks off with Singles' Day, Black Friday, and Cyber Monday, Mercantile Discount Bank has launched a new consumer campaign offering up to a 20% cash-back on international e-commerce platforms alongside expanded discounts at major Israeli retail chains.
According to the bank's announcement, holders of the Mercantile First Mastercard will receive a 20% cash-back on purchases made on international websites such as Amazon, AliExpress, Shein, and ASOS. The promotion runs from November 5 to November 30, 2026, and stacks on top of existing site discounts.
However, the cash-back is capped at 150 shekels per card for the entire promotional period. A purchase of 500 shekels yields a 100-shekel refund, while spending 750 shekels maximizes the benefit at the full 150 shekels.
Parallel to global shopping perks, the bank doubled its grocery discount rate from 10% to 20% domestically. Participating supermarket chains include Victory, Carrefour, King Store, Dabach, Bar Kol, Netiv HaHesed, and Shafei Birkat HaShem.
The local discount operates via a digital voucher loaded through a dedicated website, up to 1,500 shekels monthly. Customers receive a 20% discount on the first 500 shekels (saving 100 shekels) and a 5% discount on the subsequent 1,000 shekels (saving another 50 shekels).
Consequently, loading a 1,500-shekel voucher costs customers 1,350 shekels, delivering a total monthly savings of 150 shekels. Unlike the one-time international cash-back, the digital voucher eligibility renews at the beginning of each calendar month.
Beyond supermarkets, the voucher is valid across dozens of fashion, footwear, and home decor chains, including Fox, Shilav, Terminal X, Hamashbir, Home Center, and Golf. The promotion runs from October 1 to December 31, 2026, and is available to bank clients aged 18 and older, including new account holders, without requiring a closed consumer club membership.
Vered Avitan, Vice President and Head of Retail Division at Mercantile Discount Bank, noted:
"Food expenditure represents the most significant basic cost for every household, and that is precisely where we chose to make a real impact. While most clubs offer only token benefits on routine purchases, we decided to grant a deep 20% discount that will directly ease our customers' pockets."
This broad accessibility ensures households across all sectors can benefit without restrictive club conditions.
