Cashback websites have become increasingly popular in the UK as a way to save money on everyday purchases. Whether you’re shopping online or in-store, using cashback sites can put a portion of your spending back in your pocket.
Here’s a quick guide on how to get the most from UK cashback sites and boost your savings.
How Cashback Sites Work
Cashback sites, such as TopCashback and Quidco, partner with retailers to offer users a percentage of their purchase price back as a reward.
It’s simple: you sign up for free, click through to the retailer’s website from the cashback platform, and shop as usual. Once your purchase is tracked, the cashback is credited to your account.
Many retailers, from fashion brands to supermarkets, are partnered with cashback sites, so you can earn savings on everything from groceries to holidays. It’s a great way to save on purchases you would be making anyway.
Tips for Maximising Cashback Savings
To get the most out of cashback websites, you need to be strategic about when and how you use them. Here are a few tips for maximising your cashback:
- Check the cashback rates: Before making any purchase, compare the cashback rates across different platforms. Some sites may offer better deals for specific retailers or categories.
- Stack cashback with discount codes: Many cashback sites allow you to use voucher codes or discounts alongside cashback. Always check for active discount codes before making a purchase, as this will increase your overall savings.
- Use cashback on big purchases: The more you spend, the more cashback you’ll earn. For larger purchases like insurance, electronics, or travel, the cashback rewards can be substantial.
- Take advantage of cashback offers: Many cashback sites run special offers or promotions, where you can earn extra cashback on certain purchases or from certain retailers.
In-Store Cashback and Other Features
While most people associate cashback sites with online shopping, some platforms now offer in-store cashback. By linking your debit or credit card to the cashback platform, you can earn rewards when you shop in physical stores. This is a great way to save if you prefer to shop locally.
Some cashback sites also have partnerships with utility providers, broadband companies, and insurance firms, so you can earn cashback on your bills and services, further boosting your savings.
Payout Options and Withdrawal
Once you’ve accumulated cashback, you’ll have a few options for withdrawing your earnings. Most sites offer payouts directly to your bank account or PayPal, but some platforms give you the option to redeem your cashback as gift cards or vouchers.
Often, choosing gift cards from certain retailers can add a bonus to your payout, giving you even more value.
Is Cashback Worth It?
While cashback rewards won’t make you rich, they can add up over time, especially if you’re a frequent online shopper. By consistently using cashback sites, you can save hundreds of pounds each year on things you’d be buying anyway.
