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Cashback Websites

Cashback websites are an excellent way of making money online, and I'm completely confused as to why more people haven't heard of them, or use them. Simply put, if you ever shop online, then you could save money by using a cashback website.

How Does A Cashback Website Make Money?

To understand how a cashback website works, you need to understand what an affiliate is. Did you know that if you own a website, you can apply to become an affiliate of millions of online retailers - you could become an affiliate of Tesco.com for example. You get to place a special link/advert for Tesco on your website, and everytime someone clicks onto Tesco via your website and makes a purchase you will earn money. This money is called affiliate revenue. Now, what a cashback website does is it gives part of this affiliate revenue back to you - as cashback. So for example the cashback website may earn %10 when you make a transaction at an online retailer, but they may only pay you say %5, thus leaving the cashback website to pocket the remaining %5. This is how a cashback website makes money, and this is how they are able to pay you to shop online.

Therefore some cashback websites are going to be better then others because some offer a more competitive rate of cashback. So one site may give you %5 cashback when you shop at Amazon.com but another cashback website may give you %10 - it depends on the site. You will obviously be best off joining the second cashback site as it gives you %10 cashback instead of just %5.

Free Cashback Websites

The best cashback websites are completely free to join and use. You should avoid the ones that charge any kind of membership fee, because this fee is unnecessary. Cashback websites make money when you shop through them, so it doesn't make sense for a cashback site to charge you to join.

 

The Best Cashback Sites

Shop Money - Shop Money offer a very good amount of cashback for thousands of online retailers and are very reliable.

Rpoints - Rpoints is a very well known and trusted cashback website that has its own highest cashback promise, which means they can't be beaten.

Making Money From Using Cashback Websites

You don't have to purchase goods to earn cashback. You can also perform various other online transactions. You can earn cashback for doing your car insurance online (often you get around £30 cashback for doing this), you can earn cashback for joining an online bookmaker and placing a bet (usually around £15 cashback), you can earn cashback for opening a bank account online (usually around £20 cashback), and you can even earn cashback for joining free websites.

From my own personal online shopping in the past 2 years I have earned £800 simply from using a cashback website, and I don't even spend that much money shopping online, but it does soon add up.

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