Did you know that you can earn money online by shopping on the internet? Cash back websites pay you when you shop online through them. They are free to register and fun to use. Most of them also pay their members for entering competitions, signing up for newsletters of their advertisers, participate in surveys, taking polls, and referring friends!
How does it work?
The cash back websites earn a commission when they refer visitors to their advertisers’ websites and they share this commission with their members. When the members of the cash back website clicks on the online retailer’s link, a cookie is logged onto their computer which tracks the transaction. The amount of cash back you get is usually a percentage of the amount you spent. As a member of cash back sites, not only you get cash back, but you also get better deals, and sometimes have access to special offers and discount coupons too!
Things to Consider
Research well before you join a cash back site. Read what the other members are saying about the website, when was it started, how much cash back you will receive per transaction, what offers and online retailers are available, the mode of payment and the minimum redemption amount. Most cash back sites pay through Paypal, but some of them prefer paying through cheques and BACs, to ensure that there is only one member per household. If you decide to join a cash back website which offers points redeemable for rewards, find out what rewards are available for how many points.
Some cash back sites also charge a small annual administration fee, which is usually deducted from the first transaction (first cash back amount that you earn). Don’t rush to join a newly formed cash back site, unless it’s backed by well reputed company. For earning money with a cash back site, you don’t always have to spend money. You can get paid for taking up offers and signing up for newsletters which can earn anywhere from £0.25 to £1. You can also get paid for referring friends, and earn a percentage of what they earn.
Most cash back sites reward members for referring friends and family to their website. This is called referral scheme, and it is another way of earning without spending money.
Earn cash back every time you shop! Never pay the full price again. The best cash back sites are listed below. Don’t forget to add this site to your Favourites.
GPTCorner is a brand new reward site. Get 10 points signup bonus when you join (1 point=$0.01) and 10% of you what your referrals earn; Minimum payout is only $1/100 points and Payments are made biweekly via Paypal.
20Cogs – UK
Register and get paid for completing online tasks and offers to make money. Get £5 signup bonus when you join!
Reward Central is the #1 loyalty program in Australia. Members can Earn cash for completing surveys and offers. Free to join, you can also find great deals on their site.
Sign up to Send Earnings for free and earn cash for completing offers, reading emails, shopping online and completing surveys.
Also get FREE $5 Signup bonus for joining! They accept residents of US Only!
Maximiles UK is another reward site for UK, that rewards points to members for shopping through them. The points are redeemable for a number of rewards. There are tons of retailers on the site! Maximiles.co.uk, also send regular surveys to users; these surveys typically pay up to 200 points.
Earn 100% of cash back with Topcashback. Refer friends and earn more money when they sign up and reach payout. No annual registration fee either. Payments are made via Paypal, BACs or Cheque. No minimum payout for BACs and Paypal, and £25 minimum payout for Cheque payments.
Speed Cashback is the cash back site for UK with loads of free offers and retailers. Minimum payout is only £1.5 via Paypal and Money Bookers, £5 via Amazon and Play.com Vouchers,. Get £0.25 for referring friends and family. Earn up to £0.10 daily with their daily earners. However, it takes a while for earnings to be confirmed. Also you can only request payout once a month.
RPoints is quite a popular cash back site and has been around for a long time. They offer cash back to users on the online shopping. There are a few daily offers on RPoints, worth a few pence. Minimum payout is different for different payment options: Amazon Vouchers, minimum payout is at 500 points (£5), for Bacs and Paypal the minimum payout is £0.01.
Loyalty shopper are one of the reputable cash back sites and has been around for quite a while. They have a good collection of daily and free sign up offers, as well as 100’s of popular retailers. Minimum payout is set to be £30 paid via BACs, Check, and Paypal
FreeFivers offers members £5 Free when they join. FreeFivers offers members a fun shopping directory where they can earn Cash back on their purchases. Members also earn £5 for referring friends when they get £25 in confirmed Earnings. Payments are made via BACs only, and minimum withdrawal amount is £25.
eDeals UK is a cash back reward portal who reward their members in cash for their usual online shopping. They offer new members a free £5 welcome bonus. Payments are made via BACs and Paypal, and the minimum withdrawal amount is £25. They are one of the oldest cashback sites and have a large number of retailers.
eCasher is a cash back site with a difference. They don’t require you to accumulate a lot of money in your account to be paid via Paypal. They have good number of freebie offers and loads of retailers (1000+) on their site. Join for free and get paid to shop online, search, and signup to free offers!
They offer 4 payment options: BACs, Check, Paypal, and Amazon Vouchers. You need to have minimum balance of £10 for check, £25 for BACs, and £5 for Amazon Vouchers.
Line My Pocket
Linemypocket helps users to save money when they shop online. They give members cashback on their purchases from hundreds of UK sites, as well as cashback for taking free trials and ‘free cash’ for signing up to other websites.