One of the advantages of the online world is the availability of great shopping deals. When you combine a deal with a cashback program, you have a winning combination that just can’t be beat.
What IS an Online Cashback Program?
A cashback program is a kind of rebate program that is offered through certain websites. The shopping site owners earn a kind of commission for directing buyers (you!) to their products, and they pass on some of that commission in the form of a cashback check. All you need to do is sign up for a free membership and start shopping at the stores on the site. Most of these cashback shopping sites also pay you a small commission on each referral that signs up under you as well.
A Few of the Most Popular Cashback Websites
While there are quite a few online cashback shopping sites, not too many are new. Several have been operating since the mid 1990s and have a large variety of retailers to choose from. You will want to be sure and do a little digging to find the sites that offer the kinds of stores you most shop at, as well as compare their layouts, refund policies and cashback policies. Be sure you understand the Terms and Conditions before signing up so that you know how the program works.
The previous frontrunner for the most popular program like this was the Bing Cashback program. They are discontinuing the program as of July 30, 2010 although they are somewhat ambiguous about why they are discontinuing and what kind of program they may offer in its place. Regardless, here are 3 really great programs that are worth a look.
- Ebates.com is one of the longest running cashback programs online. It boasts hundreds of retailers and many categories of items. Of course, the membership if free and it has a “Refer-a-Friend” incentive of $5 per registering referral.
- BigCrumbs.com is another well established cashback program with many retailers to choose from. It has an easy to navigate interface and eBay deals of the day. You can get your cashback rebate via a PayPal deposit or credited to a Big Crumbs credit card.
- Spree.com is pretty similar to the other sites with the referral incentive being the main difference. When a referral signs up as a member, you get a percentage of all the purchases they make as well. The best part is that the referral commission has no time limit, meaning that as long as they continue to shop online, you will get your check!
Will you get rich off of this list of the best online cashback programs? Probably not, however, if you do any kind of shopping online, why not sign up and get some cash back? It is also a good idea to sign up at more than one of these sites and then compare the deals. Free shipping at one site may be worth more than a percentage back, so be sure to compare offers before you buy to get the best deal. Happy shopping!