As the name suggests, a cashback website actually pays you back a percentage of your online spending.
If you do your shopping online, it is a great way to save money fast.
If you like getting paid for surveys, and are going to join only one site, I would recommend you choose Ipsos-iSay. Ipsos is the most fun and well-paying panel. Give it a try to see how you like it. It is free anyway!
Let’s put it this way, you would have no chance of getting any percentage of your online expenditure back if you didn’t sign up with a cashback site in the first place!
To me, it’s just crazy not to use a cash back site. It’s like rejecting free money with no strings attached.
Plus, using an online cash back program is very easy.
How to Shop Using a Cash Back Site
The process involved is fairly straightforward. Before you get started, you obviously have to sign up with a cashback site you prefer.
You will need to furnish some personal information as you set up your account. And off you go!
Whenever you are in the mood to do some online shopping, first proceed to log in with the website. The website will present you a host of online outlets and you can click on anyone that fancies you.
There is nothing abnormal with the subsequent shopping and paying. It takes no more than two days for your rebate to be credited into your account.
Let’s say that you spent $100 on that online store that promises 10% cash back, then $10 of the purchase will come back to you. No strings attached!
Top Cashback Shopping Websites
There are tons of sites out there. But like anything else, not every site is worth your time and effort.
Based on my research and personal experience, I find the following sites the most noteworthy of them all.
While most of these sites are based in the USA, some do operate thus accpet members from a few other countries such as the U.K., Canada, and Australia.
eBates is a name that epitomizes the cashback idea!
Try Swagbucks, the famous rewards program that pays you for watching videos, taking surveys, shopping and more.
Users will have the opportunity to reclaim back some of the money they spend online. The company said that some $100 million has been disbursed to date, all in the form of rebates. If that is true, eBates is certainly one generous reward website.
The New York Times, CNN, Good Housekeeping and the Wall Street Journal have previously run nice articles about them, so there are evidences that this is not one company that tries to rip you.
Over here, you can expect and receive real rebate! They have a strong network of partners, which represents a good collection of great brands and numerous exciting special features.
If you are going after real money back from your online shopping, you should never ignore eBates.
2. Mr. Rebates
Mr. Rebates offers a sign-up bonus of $5, on top of the regular cashback. Every time the saving hits the $10 threshold, a check will come your way through mail.
There is also an affiliation program, and you will enjoy 20% of your friends’ earnings as well.
QuickRewards entices the customers multiple quick and easy way to receive real cash and gift certificates; all are done using different earning tools.
While you can expect QuickRewards to give you a high-value commission on your shopping (they also offer you other ways of making money), you could also be pleasantly surprised by their user friendly deal-finder search tool. Indeed, online shopping with QuickRewards can be so fun and easy.
Do take note that the website is restricted to the UK, USA and Canada residents only.
If you have the privilege to become new user of QuickRewards, I am sure, you will be impressed by the many moneymaking options you can find here!
I would hesitate to call this a typical cashback site, but the reason Swagbucks goes on my list is that it is truly massive.
The company prides itself as being the largest operator of online reward system. Its collection of free online rewards is second to none, and they are open to millions of users over the world.
The reward comes in the form of Swagbucks and users can trade them with items that they desire. It is not just me said that. New York Times, MSN Money, Billboard, Women’s Day and more have published stories about them, and they have only good things to say.
If there is any intention on your side to get back some money from your online shopping, then this particular website is not one you want to miss!
FatWallet started life in 1999 as a coupon website. Two years down the road, it also incorporate the cash back program. It counts some 1,600 stores as partners and it distributes about 20,000 coupons.
The company says that it has some 3 million users and it has already paid out a good $45 million so far.
MyPoints has a reward system that allows users to make money as they shop. Every purchase with MyPoints will earn you points that you can use to claim as cashback, or exchange as gift cards, travel miles and even charitable donations.
The multiple reward options here make it ideal if you want to do more than simply claiming your cashback.
As with the other examples cited above, they form partnership with a dazzling range of brands, representing the best shopping malls (as well as online).
Give it a try, and you will not be disappointed.
BigCrumbs does not only pay you the typical cashback, but also offers you commissions as well.
On the cashback part, the modus operandi is pretty similar to other such websites, so you can expect to get paid when you go shopping online.
But buying thing is not the only fun part here. If you’re willing to make some small changes on how you go about your shopping habits, they are willing to pay you at attractive commissions, sometimes up to 36% of the purchased items.
The extensive partnerships (they have thousands of online and off-line participating outlets) and the excellent features of the website will make sure that you have many ways to earn with BigCrumbs.
Pennyful pays you a $5 bonus at the moment you sign up. Unlike the typical competition, Pennyful does not impose a minimum payout.
The money back comes in the form of check. You can also make extra money by referring your friends to Pennyful’s program.
9. Shop at Home
Shop at Home pays you a bonus of $5 for your registration. The threshold at Shop at Home is $20 and you get your cashback in check through mail.
For every friend you bring to the website, you stand to make five dollars every time they make a purchase through Shop at Home.
10. Coupon Cactus
Coupon Cactus pays you $3 bonus for signing up with them.
There are two payment options you as you can opt to receive your cash either in check or direct credit into your PayPal account. The threshold amount is $10 here.
You can also take advantage of their affiliation program. You can refer friends to the website, and make 25% commissions on the cashback that they receive.
So, Which One’s the Best?
I don’t think there is one!
The thing is that participating outlets and cashback rebates are often different across websites. You will simply cut yourself off if you just commit yourself to one single site. To truly benefit from the cashback program, you should always have at least a few websites at your fingertips at all times.
The unfortunate thing is that some people are reluctant to incorporate choices in their cashback plan. They fear that by doing so would present an enormous and time-consuming challenge. If you are handicapped this way, I would suggest you bookmark the various rebate websites.
If I am allowed to generalize all these cashback websites, my top picks will QuickRewards, ShopAtHome, and Mr. Rebates, based on rates offered and the amount of participating brands/outlets.