How to Use Cashback Websites to Save More Money

August 2nd, 2023

Let’s be honest, saving money can feel like a constant uphill battle. But what if I told you there was a simple way to get rewarded for spending money you were already going to spend? Enter cashback websites – your secret weapon for building up savings without adding extra work to your routine.

What Are Cashback Websites?

Cashback websites act as intermediaries between you and the retailers you love. When you shop through these sites, they receive a commission from the retailer. Rather than keeping that commission, they pass a portion of it back to you as cash, points, or rewards. It’s essentially getting paid to shop!

How Do They Work? It's Easier Than You Think

Sign Up: The first step is to sign up for a cashback website. Popular options include Rakuten (formerly Ebates), TopCashback, and Honey. They’re all free to use!
Browse & Click: When you're ready to make a purchase, head to the retailer's website. Before you click "Buy Now," click through the cashback link provided by the website you signed up for.
Shop as Usual: Continue shopping as you normally would. The cashback website tracks your purchase.
Get Paid! After your purchase is completed, the cashback is automatically added to your account. You’ll typically receive it as a statement credit, PayPal deposit, or gift card.

Tips for Maximizing Your Cashback:

Stacking Rewards: Some websites offer bonuses for new members, or for referring friends. Take advantage of these to boost your earnings.
Check for Deals: Cashback websites often have exclusive deals and promotions. Keep an eye out for extra bonus percentages.
Don’t Forget to Shop Through the Link: This is crucial. If you go directly to the retailer's website, you won’t earn cashback.
Use Browser Extensions: Honey, for example, automatically applies coupon codes and suggests cashback options while you're browsing. It’s a super convenient way to save.

Which Websites Should You Use?

Rakuten: Known for a wide selection of retailers and generous cashback rates.
TopCashback: Often offers the highest cashback rates on certain merchants.
Honey: Excellent for automated coupon finding and cashback.

Final Thoughts

Cashback websites are a fantastic way to passively earn money back on your purchases. It’s a small change with the potential for significant savings over time. So, start exploring these websites today and watch your savings grow!