Last Updated on
Cashback shopping is beginning to take the UK by storm. More and more Cashback sites are popping up offering cashback and cashback rewards. The cashback websites may initially be a little hard to understand but once you get used to it you really could be saving a lot of money through a cashback website.
What makes cashback websites so useful to shoppers is the fact that they get a discount off of goods they would normally purchase, even everyday items.
There are a few simple steps that you need to go through to start earning your cashback rewards.
1 – You sign up for a Cashback site choosing the payment method you prefer.
2 – You look through the different stores on the cashback website to find who you want to buy from.
3- You click the name of that store so that it takes you to their website and you purchase the goods as you normally would.
Now what you have done is click through to the shop from an affiliate link that the cashback site has with the shop which means the cashback site gets paid a commission of what you have purchased. The cashback site then tracks this payment to you and gives you up to 100% cashback of the commission they have made which could vary from 1% up to as much as 35% of the amount you have paid for the goods.
This money is put into your account on the cashback site where you can select different forms of payment whether it be PayPal, check etc. This process to receive payment usually takes 1-3 months.
The majority of cashback sites are free to use as you often don't get 100% of the commission but some cashback websites charge a £ 5 admin fee but offer a higher often 100% rate of commission.
A tip to earn a little extra cashback is to use a cashback credit card or cashback reward card in conjunction with the cashback website and these give you and an extra 2 or 3% cashback on all purchases whether made online or offline.