Wouldn’t it be great if you get some of your money back every time you bought something? That was the giddy feeling I experienced the first time I used a cashback app.
Cashback sites and apps are an amazing way to “get a discount” on things you already buy.
The only difference is discounts are deducted before you pay. Cashback pays you some of your money back after you paid full price.
While which comes first differs between the two. Ultimately, it didn’t matter to me because I paid less than I normally would have.
And, you could too with by using the cashback apps and sites in the list below.
To a degree, they’re kind of like coupons as well. But, there’s no need to collect and cut them out. All you need is your phone or computer and you’ll be able to avail of cashback after you’ve registered with the site.
It’s that easy.
Better yet, there are many different legit cashback sites available today. And, to help you weed out the poor performers so you don’t waste your time with them, we’ve rounded up a list of the best cashback sites and apps you should give a try.
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What are Cash Back Apps and How Do They Work?
As mentioned above, cash back sites work like coupons in that you get a discount. But, when you get the discount happens in reverse.
The good news is, while there’s a bit of delay in receiving the savings, cash back sites and apps save you the extra time and effort of having to scour and collect coupons.
But, you do need to understand how each of these sites since they provide different features.
For example, some cashback sites will ask you to take photos of the receipts. Others can automatically credit your account with the savings. Similarly, some sites only work with particular partner stores, while others let you earn cash back wherever you shop.
So, it’s important to understand how each of them works.
That said, the big question is WHY DO CASHBACK SITES GIVE YOU YOUR MONEY BACK?
Well, cashback sites work on the principle of affiliate marketing. That is, by referring customers to certain stores they can earn a commission each time those customers make a purchase.
In order to entice you to use their cashback service, these sites and apps give you a share of the commission they earn from the purchase you make. It also allows them to negotiate exclusive deals with these stores for discounts that they can pass on to you.
That way, everyone wins.
- You get to save money by getting some cash back from your purchase
- The cashback site or app gets to earn commission by referring you
- The partner store is about to sell and move their products
Best Cash Back Apps and Sites
At the top of our list of cashback sites is Rakuten, which has been around since 1998. It used to be known as Ebates.
They’re one the of best cashback sites because they have a wide range of stores (over 2,500) to choose from. This gives you a better chance of finding a store that you actually buy from. Among the stores that included are Amazon, Walmart, J. Crew, Macy’s, Sephora, Groupon, and Kohl’s, which are household brands.
In addition to cashback, they also offer discounts that cut the price of your purchase at checkout and coupons.
Altogether, this has allowed Rakuten to help its customers save more than $1 billion since its inception.
To get cash back or discount, all you need to do is visit the Rakuten website or use their app (on mobile) whenever you want to shop online.
They’ll have a link to their different partner stores that will allow you to avail of these cash backs. Discounts can go as high as 40%. Although, most items only offer 5-10% off. By using their link, you’ll be able to receive that cashback amount via PayPal or check in the mail.
Swagbucks is another of my favorites because it lets you earn money in many ways. The simplest of which is answering surveys. But, it likewise pays you to watch videos, play games, and shopping.
Speaking of shopping, that’s where you can get cash back from Swagbucks. They’ve partnered up with over 1,500 stores including Starbucks, Walmart, Target, and Amazon. All of which allow you to get some of your money back for purchases you make in their stores.
To do so, sign in to their shopping portal when buying items online. You can likewise use their browser plugin to earn points.
In order to keep things uniform, Swagbucks uses a points system. That is, you earn points by answering surveys, shopping, and doing other everyday activities.
You can then later redeem the points to cash via PayPal or gift cards.
Last but not least, they also give you a $5 sign up bonus.
WikiBuy isn’t actually a cashback site. Instead, it’s a free browser extension that allows you to find shopping deals online by comparing prices of similar items online.
The browser extension is available in both Chrome and Safari. You can likewise use it on your iOS and Android device.
The one main difference with WikiBuy is that it doesn’t give you cashback. Instead, when you purchase items at stores like Walmart, you get credits as cashback that are redeemed as gift cards.
Ibotta is one of the smaller cashback sites that’s worth using. It has 290 merchants under its program. But, unlike most of the other apps that focus on general shopping, Ibotta is more focused on helping you save money when you shop for groceries.
To so do, you can avail of a few different ways to save money.
The simplest is to earn cashback by using its shopping portal. Doing so allows you to automatically earn the money back (not in points) by following a link from the Ibotta website to the online store you want to buy from. You can likewise upload your receipts as proof of purchase when you go shop at the store.
One unique feature of Ibotta is that it allows you to earn cashback by completing simple tasks. These include taking a quick survey or watching a 30-second video. While they do take up a little bit of time, doing so lets you save more money.
MyPoints is very similar to Swagbucks in that it gives you many different ways to earn money (in the form of points). It has also been around for quite a while, being founded in 1996.
With over 1900 retailers including eBay and Walmart, MyPoints allows you to earn points and redeem them as cashback.
To do so, you need to use their shopping portal to buy any item from their partner retailers. This allows you to earn points that you can redeem for cash later on.
It likewise offers a $10 sign up bonus as long as you make a $20 purchase on their shopping portal during the first month after signing up.
As mentioned, you can likewise earn more points by answering surveys, playing games, reading emails, and watching videos. These options are a great way to make extra income on a monthly basis in addition to the cashback savings you get from shopping.
Drop is an app that’s available for both iOS and Android devices. It’s a lot more convenient to use than other sites and apps because you don’t need to login to their shopping portal or scan receipts.
Instead, once you sign up and connect your credit or debit card, you’ll be able to automatically get cashback on your entire purchases when shopping at partner stores.
This automatic feature as awesome in that there’s no need to worry about forgetting receipts or logging in.
One thing worth noting with Drop is that after signing up, you’ll be asked to choose your 5 favorite stores, which it will designate as your power offers. Here, it is very important to choose carefully because once selected, you cannot change them. So, you want to pick outlets where you shop the most. Some options include Starbucks, Whole Foods, and Trader Joe’s.
TopCashBack originated from the U.K. It has since expanded to the U.S. as well making it available if you reside in the states.
With over 8 million users and counting, it is one of the fastest-growing cashback sites/apps around. One reason for this is that it gives you the highest cashback rates.
That’s because cashback sites earn commission by referring you to retailers through their shopping portal. Instead of pocketing all or majority of that commission, it shares 100% of that commission with you. As a result, the cash you receive back is higher than what other similar sites offer.
This is in line with their goal which is to help you save the most money you can while shopping online.
TopCashBack is free to join. You can do so via their website portal or download their app. From there, all you need to do is purchase from its more than 4,000 partner stores. Among them include Amazon, Walmart, and Overstock to name a few.
In addition to the cashback, you can likewise find coupons here to increase your savings.
Fetch Rewards is a cashback app that’s available for iOS and Android devices. Best of all, you don’t need to shop at specific stores or pick particular brands.
All you need to do is take a photo of the receipt. No coupon code, barcode, or QR code scanning necessary. But, make sure you do it within 14 days. That’s their rule.
This allows you to shop in your favorite store and pick whatever product brands you like to use and STILL get cashback.
And, unlike Ibotta, you don’t need to do any extra tasks like answering surveys or watching videos.
Once you accumulate 3,000 points you’ll be able to “cash out”. I put the cash out in quotes because you don’t actually get cash from Fetch Rewards. I guess that’s the only catch.
Instead, you get gift cards from popular retailers like Amazon, Target, Walmart, and others.
Cashback sites and apps are an amazing money savings opportunity for you can take advantage of. They allow you to buy products you would normally do and get a discount on them since you’re able to get some of that cash back later on.
The best part is, the process is very simple. This makes it so much more convenient than coupons.