CashBack Sites - Earn Money While You Shop OnlineDisclosure: This post contains affiliate links & I may earn commission if you make a purchase. As an Amazon Associate I earn from qualifying purchases.
When shopping online or signing up for banking products and insurances etc, there's a sneaky way to make hundreds of £££ a year using internet cashback websites.
Cashback Sites like Quidco and TopCashback give consumers money back on purchases when shopping online or signing up for products, Services & Insurances. They basically give you a % back of what you spend just for shopping through their website for massive companies such as Groupon, Amazon & Argos.
How to make money with Cashback Websites
There are different amounts available for different companies and all the information will be available before you make a purchase, so you can ensure you get the best cashback. You can track all your earnings through the cashback website.
It really is as simple as that, you just sign up and use their links to click through to your desired shop and if they're 'affiliated' with them you will earn money back.
Popular Cashback Sites...
1 - Topcashback
The UKs highest paying cashback website, with refer a friend bonus' of up to £20 per sign up - Join Topcashback
2 - Quidco
For over a decade Quidco has been helping millions of people in the UK earn cashback every time they shop online. They have now made these cashback rewards available to shoppers on the High Street - Join Quidco
3 - My Money Pocket
Relatively new to the cashback scene, My Money Pocket claims that, on average, members will be able to save £300 a year if they use their cashback site to do all of their online shopping - Join MyMoneyPocket
4 - Swagbucks
Swagbucks is a fun rewards program that gives you cash and free gift cards for the everyday things you already do online - Join SwagBucks
5 - 20Cogs
Earn money online by completing Competitions, Offers & Surveys. They also offer a £10 sign up bonus - Join 20Cogs
6 - Oh My Dosh
A great new tool to earn you extra money for signing up for online services, freebies & completing surveys. They offer a £1 welcome bonus for all sign ups - Join Oh My Dosh
7 - BOOM25
8 - Kerching & Win
'Kerching and win' let's you win fantastic prizes for shopping with your favourite retailers online as normal. - Join Kerching
9 - Widilo
Find voucher codes and earn cashback at your favourite online stores in one place when shopping online - Join Widilo
10 - KidStart
Money back for your kids savings accounts on everything you buy, including every grocery purchase - Join KidStart
How does Cashback Work?
Simply sign up for a free account (avoid any that require payment) with any cashback site, log-in and then click on the product you're interested in or website you're going to purchase from. When you make a transaction a cookie is stored and it's recorded through the site. So every time you buy something or sign up for something that qualifies, you will get paid cash for doing so.
This was my earnings for my first year of joining topcashback, which includes my online spending plus referrals. I usually post my referral link to my friends when they have sign up bonus' on like the one in the picture, where it was £20 for me, and my sign up also got £5 for joining.
Ways to Increase your Cashback
Refer a Friend
All cashback sites pay bonuses when you get a friend to sign up for their site. Yet you usually only get the bonus if a friend starts earning cashback themselves. Ensure you refer your friend through the correct link via the website.
You will get your own referral link in your account and you can earn as much as £15 for every friend that joins up via your link. Topcashback pays £7.50 per sign up, Quidco pays you £5 and your friend £5.
Friend referrals are a great way to earn extra cash - Check out the best UK Refer a Friend Schemes currently available
Use a Cashback Credit Card
You can also earn up to 5% extra every time you spend by using a cashback credit card such as Amex Platinum (The two top paying cards are from American Express, which both require a household income of £30,000 to get) - Although always ensure you pay it off in full so you're not charged interest.
There is no conflict between cashback sites and cashback cards as when you spend money, whoever it is spent with, the cashback credit card gives you some of it back.
Quidco have their own comparison site and any products you purchase via there will earn you cashback. Topcashback doesn't have their own, although you can go to most of the major comparison sites through them and earn Cashback in the same way.
You can unlock a payout bonus of up to 20% with selected partners. Quidco and Topcashback will top-up your earnings with a nice bonus when you withdraw your cashback as an e-gift card for one of their selected partners.
Check Your Bank Account
Most major banks now offer cashback, which you can use alongside any of the above sites to earn DOUBLE BUBBLE! You need to activate each merchant from your bank account, so make sure you check and activate often so that you don't forget when making purchases. Always activate the ones you think you might not use as well because you never know when you might find a deal.
Tips for Making The Most Of Cashback
Clear your cookies
If you have clicked through to several different sites that collect cookies, which will often include the product site itself, through a comparison site, this site, or another cashback site. It may not track unless you clear your computer's cookies first.
Ensure you've found the right product
It's easy to be seduced by £50 cashback for signing up to an insurance provider or credit card, or an extra 5% discount when shopping, But always check you can't find the exact same product for cheaper elsewhere.
Never rely on the cash
Cashback sites only pay you if they get the money from the retailers or product providers, but there is often disputes, so sometimes they're not paid. There are often problems with tracking, which can be annoying. Of course most of the time it's fine, but it's why cashback should be seen as a useful added extra, not a wage.
And as always, if you know of any other great cashback websites, let us know in the comments below...