Why are websites offering cashback and rewards?
You can receive money and rewards for the purchases you make online. Retailers offer commission to cashback and reward websites because they drive traffic and therefore sales to the retailer websites. The cashback and reward sites then pass all or some of this on to you, the online shopper. The more people that visit the cashback sites, the better the deals the cashback and reward sites get from the retailers.
How do I get cash back?
Retailers can track when you have visited their website from a cashback site. So when you spend money, the retailer passes on a percentage of your spend to the cashback site. The cashback site then credits your account with rewards (this can be in the form of actual cash, points, or other rewards – depending on the website you have chosen).
What type of rewards are available?
- Cash - the most prevalent of rewards is cash. It's very straightforward, you get a percentage of the money you spend online back and credited into your account with the cashback site. When you reach their minimum threshold (typically around £20.00) they pay you, usually by cheque or BACS.
- Reward points - you accumulate points when you spend online. The points vary depending on the retailer and the amount you spend. The points can then be converted to cash or gifts.
- Rewards - you get rewards in the form of vouchers or gifts when you buy online. The level of rewards you receive depend on the level of your online spending.
How long is it likely to take to get my cash back?
The cashback sites will pay you when they have received the payment from the retailer. The length of time this takes varies. Some retailers have very sophisticated tracking systems and will credit the cashback site within a matter of days, but typically it takes anything up to 60 days. This is because they prefer to wait the length of their returns policy to ensure the shopper hasn't returned the goods. Our cashback site reviews show payment times from when the retailer has paid the cashback site.
Why are websites offering cashback and rewards?
You can receive money and rewards for the purchases you make online. Retailers offer commission to cashback and reward websites because they drive traffic and therefore sales to the retailer websites. The cashback and reward sites then pass all or some of this on to you, the online shopper. The more people that visit the cashback sites, the better the deals the cashback and reward sites get from the retailers.
How do I get cash back?
Retailers can track when you have visited their website from a cashback site. So when you spend money, the retailer passes on a percentage of your spend to the cashback site. The cashback site then credits your account with rewards (this can be in the form of actual cash, points, or other rewards – depending on the website you have chosen).
What type of rewards are available?
- Cash - the most prevalent of rewards is cash. It's very straightforward, you get a percentage of the money you spend online back and credited into your account with the cashback site. When you reach their minimum threshold (typically around £20.00) they pay you, usually by cheque or BACS.
- Reward points - you accumulate points when you spend online. The points vary depending on the retailer and the amount you spend. The points can then be converted to cash or gifts.
- Rewards - you get rewards in the form of vouchers or gifts when you buy online. The level of rewards you receive depend on the level of your online spending.
How long is it likely to take to get my cash back?
The cashback sites will pay you when they have received the payment from the retailer. The length of time this takes varies. Some retailers have very sophisticated tracking systems and will credit the cashback site within a matter of days, but typically it takes anything up to 60 days. This is because they prefer to wait the length of their returns policy to ensure the shopper hasn't returned the goods. Our cashback site reviews show payment times from when the retailer has paid the cashback site.