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From an Isa to a bottle of plonk: Five things you didn’t know you could get paid to buy By Emma Gunn for Thisismoney. With household budgets stretched to breaking point, families are turning to discount codes and vouchers like never before to make their cash go further. But even these savvy savers could be missing a trick by ignoring cashback websites, which can be one of the easiest ways to cut the cost of a variety of purchases – including household bills. This is Money has picked out five things you might be surprised to know could earn you cashback: savings accounts, beauty products, broadband, holidays and wine. Online cashback companies pay out every time a shopper uses its website to buy a product. All you need to do is sign up for a cashback account. Both offer slightly different rates so it is worth signing up and bookmarking them both – they are free to join.
Once signed up, all shoppers need to do is add an extra step into their buying routine. Search and compare products to buy online just as you normally would, for example, you might do a Google product search. But instead of buying through the merchant – for example a broadband deal from Sky or supermarket shop from Tesco – visit your cashback site first and search the site for ‘Sky’ or ‘Tesco’. If you’re in luck, you’ll find a deal. This is usually a percentage, in cashback, on whatever you spend. Clicking through the link provided allows the cashback site to track any actions on the retailer’s website, registering if a transaction has been made. Watch out as it can be easy to confuse the tracking process, so make sure to buy through the new window that opens when you click the specified link on the cashback site.
You will also want to avoid having any other pages of the seller’s website open at the same time. How long does it take to earn? But for little effort the returns can be huge. Once the money hits the online account, it can be transferred into a customer’s own bank or swapped for vouchers. How do cashback sites turn a profit? Cashback sites have commercial deals with the retailers listed on their sites, which means for every customer that clicks through and makes a transaction, it will be paid a referral fee or commission.