Starting from January 1, 2026, you will receive 2% cashback on cashless transactions made with Armeconombank Arca payment cards.
The cashback is provided automatically for transactions exceeding AMD 1,000, and is credited by the 25th of the following month.
The cashback per single transaction cannot exceed AMD 6,000.
The cashback per reporting month cannot exceed AMD 60,000.
Beneficiaries do not have any tax liabilities related to the cashback under this program.
If you have more than one Arca payment card, the maximum cashback amount remains unchanged, and the cashback will be transferred to the card used for the most recent transaction.
You will not receive cashback if the payment is made for:
- telecommunications and utility services,
- payments to the state and municipal budgets of the Republic of Armenia,
- high-risk transactions (casinos, crypto assets, etc.),
- financial and banking services,
- Arca gift cards and single-use cards.
Cashback also does not apply to transactions related to refunds, reimbursements, or chargebacks.
Transactions carried out via electronic wallets are also excluded from the cashback program.
The program is implemented through cooperation between “Armenian Card” CJSC (Arca) and the Government of the Republic of Armenia. As the first large-scale program of its kind, it aims to promote cashless transactions and the development of digital technologies.
Pilot program period: January 1, 2026 – December 31, 2026.
During the press conference held on January 15, Vardan Khachatryan, Chief Executive Officer (CEO) of Arca, Hovhannes Khachatryan, Deputy Governor of the Central Bank, and Edgar Mkrtchyan, Deputy Minister of Finance presented the details of the program.
Deputy Governor of the Central Bank emphasized the important role of Armenia’s commercial banks in implementing this initiative: “This is a very important initiative aimed at promoting cashless transactions and stimulating economic activity. It is important to note that Arca is able to implement this cashback program using a fund formed from fees paid by commercial banks. All commercial banks in Armenia have responded quickly to this program, striving to provide customers with service under more favorable conditions.”
To note, starting from January 1, 2026, for cashless payments made with the AEB Arca Social card (Arca Pension), you will receive 20% cashback (up to AMD 10,000), in addition to the 2% cashback program.
You can order Armeconombank Arca cards by visiting the Bank or via the AEB Mobile application, with:
- free delivery in Yerevan, and
- AMD 1,000 delivery fee in the regions of Armenia.
With Armeconombank Arca cards (except Arca Social cards), you can also obtain a credit line under more favorable conditions.
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Armeconombank is supervised by the Central Bank of Armenia.
