Cashback Sites & Apps
They say you have to spend money to make money, and cashback sites are the ultimate example. Nevertheless with so many everyday high expenses like utilities, insurance and shopping offering generous cashback incentives, these top cashback sites are worth bookmarking. Now there are even cashback apps that will send you a notification when you are near an offer, saving you the hassle of checking to see if cashback is available on a purchase.
How do cashback sites work?
Many brands have part of their marketing budget set aside for partnerships. If a customer comes through a comparison site, blog or similar third party, then that sale probably cost less than the advertising that would have been required to get that same customer through billboards, tv and online advertising. The brands are therefore willing to pay for that successful sale.
Not long after these partnerships became big businesses on the internet, the first cashback sites started passing on that commission to the consumers who provided it and took a much smaller cut. The result today is that brands are happy to pay for advertising only when something sells, the customers get that fee back and the cashback sites generate vast volumes of small commissions as intermediaries. The only losers therefore, are those who don’t hunt out the offers on these cashback sites.
How to save money with cashback sites
Nevertheless, cashback only saves you money if you actually need what you are buying. As with all bargains, don’t be tempted into buying something just because it’s on offer. Wait until you have an important purchase or need to switch a utility provider and then go and see if it’s on a cashback site. You might be pleasantly surprised.
The ultimate money saving hack is to use a comparison site to find the best deal on a utility and then go on to a cashback site to get money back from the cheapest price. You should be able to do this to get cheap insurance, broadband, electricity and more.
Our Top Cashback Sites & Apps
One of the original cashback sites, Quidco offers generous savings on many high-street brands and utilities.
Get paid to complete offers and surveys
Earn cashback on purchases as well getting paid for watching ads and videos
With Boom25, every 25th shopper gets all their money back.
Buy elligible products from supermarkets, scan the receipt with Shopmium and get cashback
GreenJinn gives you cashback on healthy foods when you can your receipts from Waitrose, Sainsbury's and Tesco