MoneyMagpie

Oct 22

We need to talk about cashback sites

Here’s a question for you. Yes, you!

Imagine there’s something you really want to buy and it’s gonna cost £10.

One seller is happy to sell you the item for the standard £10.

But there’s a second seller who says that if you buy the item for £10, they’ll give you £1 back.

Which one do you go for?

Surely, you’d go for the second seller, it’s an obvious choice.

That’s why we can’t work out for the life of us why you’re not using a cashback site!

Ok, you might be, but statistically the chances are you’re not.

But cashback sites like Quidco offer this exact opportunity, to get money back when you make a purchase – in fact their users save an average of £280 each per year!

It might sound too good to be true but it’s real, and we think it’s a great way to save a bit of money.

 

How do cashback sites work?

You might be wondering how on earth cashback sites can afford to give you money back for buying things, but the model is actually surprisingly simply.

Each time you make a purchase through a cashback site, they make a commission. They’re then able to pass on some of that commission to you in the form of cashback.

Essentially they’re incentivising you to make a purchase through them, and everybody wins – the store you’re buying from makes a sale, the cashback site earns commission and you get cashback!

It’s really that simple.

Quidco have no hidden fees or extra costs. Basic membership is totally free, and if you want to join Quidco Premium, which includes extra features, they just ask for £5 of your cashback to cover admin costs.

 

How easy are cashback sites to use?

We need to talk about cashback sitesCashback sites are very easy to use.

All you need to do is browse the available offers through the cashback site and, once you’ve selected the offer you want to take advantage of, click through and make your purchase.

Quidco works with over 4,000 leading retailers so it’s very likely you’ll be able to find an offer that works for you.

More than that, you can even get cashback when shopping in high street stores. All you have to do is register your credit or debit card and your purchase will be tracked!

Are you beginning to see why you should really be using a cashback site?

 

Be honest, are there any downsides to cashback sites?

We need to talk about cashback sitesThere are only two downsides that you really need to worry about when using a cashback site, and these are easily worked around.

Firstly, you may occasionally find a better offer not using the cashback site, for example if you have a voucher or come across a discount code.

Obviously there’s no point in getting cashback if you’d be spending less in the first place somewhere else.

To avoid this problem make sure you always shop around – this should be common practice for you anyway, it’s ultimately what gives you power as a consumer.

Secondly, you may find getting cashback when buying products so rewarding that you’re tempted to buy things that you don’t really need, and use the cashback as a justification.

As with any form of special offer, you should only use it if you were going to buy the product in the first place – otherwise you’re just spending more, which kind of defeats the point…

But these are minor points, and really shouldn’t put you off from the obvious benefits of using a cashback site.

 

So what are you waiting for?

Sign-up to Quidco today and start getting cashback on all your purchases.

In fact, to sweeten the deal, Quidco are offering the chance to get a £10 bonus when you spend £10 at George.

Simply sign-up to Quidco, visit the link to George, make a purchase and then Quidco will slip a tenner in your account.

Offer ends October 30th, so click here to advantage of it now.

 

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