Here’s another credit-crunch busting, money saving tip for all of you online shoppers…
I’ve been using TopCashback* for my online shopping lately and I think it’s an absolutely fantastic site. Essentially they give you discounts on shopping that you do online. The discount is paid as cashback straight into your bank account or PayPal.
The cashback discounts include 6% off Dell computers, up to 6% on purchases from Play.com, £40 on a new broadband contract, etc.
How to use TopCashback
Instead of going straight to the retailer website, you’ll need to go to the TopCashback website first. Make sure you’ve got a TopCashback account and then click on the link to the retailer from there. With some luck, your purchase is tracked and your cashback gets paid to your TopCashback account.
How does it work?
Online retailers often pay commission to websites which refer customers to them. This is how many websites make a profit. The most notable websites which make their profits through commission are price comparison websites such as MoneySupermarket. TopCashback is different in that it pays the entire commission right back to you: the customer.
TopCashback makes money through adverts on their website.
See Money Saving Expert for more info.
I was recently looking to sign up for O2 Broadband. As an O2 customer, I can get 8mbps broadband for £7.34 per month (£88 per year). That’s already a fantastic deal but on top of that TopCashback is offering £40 cashback on O2 Broadband registrations. After cashback, 8mbps broadband costs just £48 for the 12 months – equivalent to just £4 per month. That’s ridiculously cheap.
What are the alternatives?
Probably the most well known “cashback” site is run by loyalty card Nectar. Nectar’s e-Stores gives an absolutely abysmal amount of cashback through (maybe ~1%) .
* I earn a referral on registrations using this link. Non-affiliate version: http://www.topcashback.co.uk.