An interestingt article at MoneySavingExpert all about cashbacks. What they are, how they work, and answers to a few others questions.
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Smart shoppers have signed up to "cashback" websites that give them access to cheaper online deals and the chance to earn money on purchases.
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Live Search announces a new program that offers cash back for purchases made through participating retailers. The catch is that you have to locate the deal by using Live Search...
Cashback websites get commission for referring shoppers to retailers such as Boots, Dell, Currys, Tesco, Prudential and Lloyds TSB. Martin Lewis, of MoneySavingExpert.com, the consumer information site, says: “Cashback sites are actually advertising sites. They list product providers and retailers and, when you click through, they get paid for ‘providing leads’. When you’re logged in, the revenue raised from your click is attributed to you, so the site can pay you some or all of the money it receives.”
To start saving in a cashback site, you just need to sign up in the site and once you start shopping, you will be rewarded with cashback on your purchases. Then, you have to select the mode of payment you prefer such as Paypal or BACS. Some of the cashback sites even offer vouchers.
Whatever the mode of payment you opt for, make sure the cashback site is reliable enough and has all the security measures in place.
Generally, cashback sites never restrict you with the amount of cashback you can earn, however some sites fix a minimum payout level say £25, thus making you return for repeat purchases.
Its kind of funny when you do a search for cashbacks, because it brings up this movie that came out in '06, but I somehow doubt that's what people are really looking for when searching cashback. Interesting tagline... "Sometimes Love Lets You Keep The Change"?
So if you're interested in the trailer for Cashback, here it is...
But if you're interested in an online shopping cashback, I recommend Quidco. I tried quidco, along with greasypalms, topcashback, and rpoints, and would strongly recommend Quidco over the rest.
As for the movie, I still haven't seen it so I don't have much to offer there. It's a Sean Ellis film and looks promising...
While the name implies plenty, it isn't always clear just what a cashback is.
Did you know you can earn money on your purchases? Cashback sites (also called Reward sites) earn a commission when you shop through them, and they share that commission with you. Hence, you can earn cashback on 1000s of online retailers when you shop!
You don't always need to spend money to earn. You can also get paid to sign up to advertisers' offers, participate in polls, refer friends etc. There are many cashback rewards websites to choose from, but the top would be...
The above Top 5 Cashback sites are based on information from Alexa.com and Cashbacknews.