As I’ve said before on this blog, all entrepreneurial writers need a few strings to their bow. So today I thought I’d feature an easy way of saving/making money that anyone can apply. That method is, of course, cashback websites.
I shall mainly be discussing the top two UK cashback websites, Quidco and Top Cashback. The UK is where I live, and I can speak from personal experience about these sites. But of course, there are cashback websites serving other countries as well, and I’ll refer to such sites briefly at the end.
The concept behind cashback sites is that they are free to join and provide links to a range of online retailers. When a member clicks through one of these links and makes a purchase (or performs some other action) the cashback site receives a commission from the retailer. Rather than keep all this for themselves, the sites return some or all of the commission they get to the member in question.
So if, for example, you need car insurance, you could click through to a broker’s website from the cashback site. If you then buy a policy from that broker, some or all of the commission paid to the cashback website is credited to your account.
I have been a member of the two UK sites mentioned above for several years now, and have made hundreds of pounds from both. Via Quidco, for example, I recently made £110 in commission when I clicked through their link to the Nutmeg financial services website and opened an investment account. Although described as cashback, really this was more like a bonus, as the money I invested with Nutmeg does of course remain mine and I can get it back at any time. My Nutmeg investment has actually risen in value by £450 since I invested a few months ago, so this has clearly been a worthwhile investment in more ways than one!
With Top Cashback I recently pocketed a more modest £40 cashback by switching my gas/electricity provider using a comparison service listed on the website (the cashback came from the comparison service rather than the energy provider). I shall be saving around £500 a year by switching provider, so again the cashback feels more like a bonus than the return of any money I have spent.
As you can tell, I’m a big fan of cashback websites. If you are a resident of the UK, I highly recommend signing up with both Quidco and Top Cashback, as they compete feverishly with each other to offer the best deals.
If you would like to join Top Cashback, or simply see what it is all about, please click on this referral link (yes, you can also earn a small sum if a friend clicks through your link, joins Top Cashback and earns the qualifying amount). Click here to join Quidco and you can earn even more cashback from their huge range of retailers as well.
There really is nothing to lose and unlimited savings/earnings to be enjoyed, so click through both of the links above and sign up now.
Finally, if you live outside the UK, there are cashback websites in many other countries as well (for example, Top Cashback now has a US operation, Top Cashback USA). Just do a Google search for “cashback website” plus your country’s name and see what results come up. Or check out this article on the MakeUseOf website which lists a number of such sites serving the US. Read the comments section below the MakeUseOf article for a range of international cashback sites as well.
As ever, if you have any comments or queries about cashback websites, please do post them below.