I need help understanding this cashback thing

the_devil_made_me_do_it

Ermm, not good money saving I know, but i can't get my head around this cashback business with quidco (hope I've spelt this right) ect.. can someone please take time out and explain thanks

grumbler

Martin: Internet Shopping: Cutting Edge Time & Money Saving Techniques

Quidco: Learn More

Another good site is TopCashBack.co.uk

scheming_gypsy

In basic..

You sign up to the cashback site. When you want something instead of doing www.whateversite.com you go to the cashback site and search for the retailer.
When you go to the site via that it uses a referal link. Once you've bought or done whatever the T&C's say they track the cashback, then they (the retailer) pay the cashback site and at the end of x month the cashback site pay you.

the_devil_made_me_do_it

scheming_gypsy wrote:

In basic..

You sign up to the cashback site. When you want something instead of doing www.whateversite.com you go to the cashback site and search for the retailer.
When you go to the site via that it uses a referal link. Once you've bought or done whatever the T&C's say they track the cashback, then they (the retailer) pay the cashback site and at the end of x month the cashback site pay you.

ah I see. Easy as that eh?? Well I must remeber in future.

Does the cashback go onto the cc used for the purchase??

scheming_gypsy

nope as it's paid by the cashback company not the retailer. Quidco do it via Paypal automatically and with topcashback you can request a cheque. Quidco charge £5 admin fee when you do a withdrawl

topherxp

the_devil_made_me_do_it wrote:

ah I see. Easy as that eh?? Well I must remeber in future.

Does the cashback go onto the cc used for the purchase??

Depends, although you do need to have reached the minimum amount (i.e. £20) before you get the money in your account. Most cashback site do however have a big selection of shops you can buy from, so as long as you spend enough you will earn it easy, especially if you buy expensive items.

the_devil_made_me_do_it

Wish I'd suss this ages ago. Made loadsa big purchases and could've made a nice little money packet. Well it's there for the future :j Thanks to all replys.