Still wondering is it worth shopping through a cashback website or extension?March 29th, 2017
If you are wondering why the hassle to shop through cashback websites instead of directly through the site of the retailer of your choice, there is a reason and it is the fact that you will actually get some of the money back for your purchase. If you shop online via cashback websites, such as Quidco or TopCashback, these websites will get paid for referring you to the online retailer, and so will you.
There is no difference in the shopping experience via a cashback site, but after you do, you will get a reward from the website for using its services. For easier use, you should consider downloading and installing a cashback browser extension which will help you save money every time you shop.
Depending on the cashback site and on the specific purchase, the reward can vary from 1% of the money spent to up to £100 of the price you paid.
True, it usually does take about a week to 10 days for your refund for ordinary purchases, and it can take up to 6 months for getting cash back after purchasing complex services, but in the end – you will receive some of your money back.
How the cashback websites work
You will need to set up an account at the cashback website you are using, and when you log in you will be able to check your balance and track any refunds made. You can transfer the returned money to your bank account.
Using cashback websites for your online shopping can save you quite a bit of cash, especially when you are doing your Christmas shopping.
For example, TopCashback offers a 7% refund for purchases of £100 and above. So for every £100 spent through this website, you will get back £7.07.
According to the statistics announced by these two cashback sites, user will receive an average of £325 via TopCashback and an average of £280 via Quidco per annum. Another cashback website – Which? has claimed that its users will get an average of £120 per year by using it for online shopping.
Using a cashback website is simple. You need to sign up and create an account, which is free for the leading cashback sites Quidco and TopCashback. Signing up for these services is quick and doesn’t require detailed information. You just need to input your e-mail and choose a password.
After you log in, you can quick search for the online retailer of your choice. Both cashback websites work with more than 4,000 online retailers.
When you find the one you want and click on the link, you will be provided with instant information regarding the different cashback offers. You can shop and then click “Get Cashback” to ensure that you get some of your money for the purchase back. The website will track your purchases, and will automatically calculate the money you will be refunded. You will have access to this information in your account page.
Remember, that you can receive cashback for purchasing all kinds of products through the cashback website, as well as for paying for various services, insurances, utilities, delivery services and others.
Cashback websites also offer other incentives for regular users, such as reward points and coins, which you can use for further savings from your online shopping.