5 things you should be buying via cashback websites to earn £100’s a year.
I’m a huge fan of cashback websites like Quidco and Topcashback. Over the years, I’ve earned a whopping £1,500 by purchasing products from online retailers via these cashback websites. I’m not the only one who’s better off because of these websites, either. Quidco boasts 7 million members, who earn £280 per year, on average. If you’re not a member of a cashback website yet or if you’re a member but forget to use them when you buy something online, keep reading! I’m going to tell you 5 things you should be buying via cashback websites so you can earn £100’s of pounds FREE cash each year.
Earn FREE cash in minutes using cashback websites.
Cashback websites are such an easy way to earn FREE cash for things you plan to buy anyway. It only adds one more step in the purchasing process (a visit to your chosen cashback website to select a retailer) and less than a minute of extra time.
Earn hundreds of pounds of FREE cash each year.
The great news is, even if you only remember to use cashback websites to buy two or three of the products in my list of 5 products that will earn you BIG MONEY, you can still earn hundreds of pounds every year. Obviously, you will earn even more money if you use cashback websites every time you shop online, so it’s good to get into the habit of using them regularly.
What is a cashback website?
Cashback websites are paid a commission by retailers every time you buy a product via their site. The cashback website then pays you a percentage of the commission, (either a percentage of the sale or cash amount). I prefer to use Quidco and Topcashback because they both give 100% of the commission they earned from the sale back to you.
Although not all online retailers and businesses are listed on cashback websites, there are hundreds of merchants to choose from, including big name brands, too. Even if your chosen retailer isn’t listed, you can often find similar stores and businesses offering the product you wish to buy.
It’s worth joining more than one cashback website, too. That’s because the online retailers and businesses listed and level of commission offered varies between cashback websites.
Why use a cashback website?
With such interest rates hitting record lows in recent years, it’s hard to earn money on savings and investments. Cashback websites offer a simple and easy way to earn FREE cash doing something you do anyway…shopping.
You don’t need to make hundreds of different transactions via cashback websites in order to earn a decent amount of cash either. On the contrary, you can earn over £100 pounds for a single transaction, as is the case with many of the products I list below.
5 products that will earn you BIG MONEY using cashback websites*.
1. Financial products & services.
Pensions, ISAs, mortgage, loans, savings and investments can attract cashback amounts of up to £1,100, depending on the size of the investment. For example, if you’re looking to invest in an ISA, you can earn between £80 (ISA transfer of £1000+) to £500 (ISA transfers of £100k or more) with Moneyfarm. Remember, if you considering applying for a financial product, it’s important to do your research or speak to your financial adviser if you have questions.
Insurance products are some of the highest earning products in terms of cashback amounts, with cashback available on a range of insurance products, including: caravan, car, home, travel, wedding, gadget, life, health and pet insurance. You can also earn up to £110 cashback on breakdown cover.
For example, there are now 13 companies offering at least £50 cashback on home insurance policies on Quidco, with one company (Policy Expert) offering £100 if you buy their buildings and contents insurance.
Always remember to check competitors’ prices using a price comparison websites. After all, it’s not really FREE cash if you end up paying above the odds for your insurance in the first place.
3. Mobile phones and contracts.
Whether you’re looking to buy the latest smartphone, recycle your old phone or change your mobile phone contract/tariff, There are dozens of mobile phone companies and networks ready to give you up to £100 in cashback. For example, 02 Mobiles are currently offering between £20 and £9o for monthly mobile phone contracts and £10 to £70 for SIM only contracts via Quidco.
4. TV, broadband, home phone.
Some of the biggest cashback earners are broadband, TV and telephone suppliers, with BT broadband offering between £10-£160 cashback, Virgin Media offering £40-£125 and Sky offering £30-£155. Although many of the deals only apply to new customers, there are occasionally offers available to existing customers, especially for add-ons or upgrades.
If you’re planning a ‘big ticket’ purchase such as a package holiday or are considering buying accommodation, and flights separately, you can earn decent commission on these products, too. For example, West Country Cottages and Helpful Holidays are currently offering £45 and £50, respectively for holiday lets. Furthermore, British Airways are offering up to £35 on flights, cars and holidays, depending on the total price of the booking. Jet2Holidays offer a flat rate of £25 for all completed online bookings.
That’s not all folks!
Although the 5 products and services I’ve listed offer some of the highest cashback rates, there are hundreds of other fantastic rates of commission available via cashback websites. You can earn free cash on fashion, electrical goods, entertainment, supermarkets, furniture, experiences, luxury goods, home furnishings and much, much more.
7 more ways to save (or earn) cash by shopping online.
As well as using cashback websites, there are plenty of other ways to save (or earn) money:
- Price Comparison Websites. Before I buy insurance, mobile phones and other goods via cashback websites, I check price comparison websites to make sure I’m getting the best deal. Money Saving Expert’s MegaShopBot compares the prices across numerous price comparison websites.
- Vouchers and Promotional codes. Websites such as myvouchercodes and vouchercodes.co.uk list the latest voucher codes from thousands of retailers. Be careful, if you use voucher codes in conjunction with cashback websites as they may reject your cashback claim if you use voucher codes other than those listed on their website.
- Zeek Gift Voucher Marketplace. Make your money go further by purchasing gift vouchers for your chosen merchant for less than face value. Read my full review and get £5 FREE credit when you join via my link : Zeek Review: Buy discounted gift vouchers PLUS £5 FREE credit.
- Cashback credit cards. Another way to earn cashback on your purchases is by signing up for a cashback credit card.
- Buy secondhand goods. Save money by buying secondhand goods. See my post all about it: Give people more for less: Top 10 places to buy second-hand goods.
- Approved Food. You can get some incredible deals on groceries and non-perishable goods at the UK’s largest online retailer of short-dated and clearance goods: I visit Approved Food, the UK’s biggest online retailer of clearance food & drink.
- HotUKDeals. Check out thousands of voucher codes, deals and offers at HotUKdeals.com
Cashback websites : Just a few things to bear in mind.
If you use a cashback website, you need to make sure your cookies are enabled so that your visits to retailers will be recorded to confirm your cashback. Despite completed hundreds of transactions via cashback websites over the years, there have only been a handful of occasions where my transaction hasn’t been tracked, has been rejected or hasn’t tracked for the correct amount.
It’s also worth bearing in mind that the money you earn can take anything from a few weeks to 6 months to be credited to your account.
As I said earlier, not all voucher codes can be used during your cashback transaction. If you use a voucher code which isn’t listed on the cashback website for that particular business or retailer, your cashback might be rejected.
Most importantly, because of occasional problems with tracking your transaction or disputes with retailers, you should treat your cashback as a bonus, not a guarantee.
What are you waiting for?
If you shop online, I strongly recommend joining a cashback website like Quidco or Topcashback. If you don’t, you could be missing out on hundreds of pounds worth of FREE cash every year. Remember, even if you only use cashback websites to buy two or three items on my top 5 list, you can still earn a decent amount of money.
Join Quidco now and take advantage of exclusive deals for new members.
If you haven’t joined Topcashback or Quidco yet, why not join today and take advantage of their fantastic introductory offers for new members. My mate Andy has secured a fantastic deal for new Quidco members, where you can get £15 cashback if you spend £10 PLUS the usual commission you would earn from the transaction. To take advantage of this offer, click here : Spend £10 get £15 cashback for new Quidco sign ups
What about existing Topcashback and Quidco members?
If you’re a cashback veteran like me and can’t take advantage of the new member offers, don’t worry! Topcashback and Quidco offer regular incentives and deals for existing members, too. Once you’ve joined, you’ll automatically receive emails notifying you of offers and deals. Or you can keep an eye out for deals on their website.
Find out more.
For more information about Quidco and Topcashback, visit their websites by clicking on the links below:
Over to you.
Are you a member of a cashback website? If so, which one? How much have you earned since you joined? What’s the largest amount of cashback you’ve received on a purchase and what was it for? Do you always remember to use your cashback website when you shop online? Did you know which products and services offered the highest commission rates? Have you had any negative experiences with cashback websites? As always, I’d love to hear from you.
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Please note: This post may contain affiliate links. This means I may receive a small commission if you click through to one of the websites via my links.
*Cashback figures are from Quidco.com and were correct at the time of publication.
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