Saturday, May 23, 2009

You Can Now Earn Cash back As You Spend Money Online.

With the huge amount of online shopping that is now done on the internet it is really surprising that only a small amount of people know about cashback websites. These are fantastic websites that give you cash back on any purchases made online via their cashback website.

The idea of earning money as you spend money is very attractive, and most people don’t understand how it is that cashback websites work: how are they able to pay us just for doing our usual online shopping just by doing it via their cashback site? The answer is quite simple though; they earn commission on transactions made from their website, and part of this commission is passed back to the shopper as cash back.

Cashback websites are earning money as we spend money, and this is how they can afford to pay us to shop from their website. The cash back websites contain links to thousands of online retailers, such as Amazon and Asda. When you click one of these links and go on to make a purchase at that particular online shop, the transaction is tracked by cookies. This information is stored by the cashback website and by the online shop. The shop will pay a certain amount of money to the cashback website, as a commission. This is because the cashback website is an affiliate of the online shop, and so they earn money when they direct a customer to the shop.

You can earn cashback at thousands of online retailers, and the amount of cash back received depends on two things; the profit margins set by the cashback website, and the affiliate relationship between the cashback website and the online retailer. This is why you can receive more money to shop at certain stores then others. Some cashback websites will be more generous than the next, so be careful when choosing a cash back site to join.

The best cash back websites are free to join, such as Rpoints. However there are others like Quidco which claim to deliver %100 cashback, though they charge a £5 every year. My favourite cashback website is Rpoints though, as they have a highest cashback claim which can be used when you find another site that offers a better rate of cash back (which will always be Quidco as they offer %100 cashback).
Everybody should join one of the free cashback websites, and you really need to place them into your favourite sites list and defiantly remember to use them every time you purchase something online. You can start to save money by using a cashback websites, and there are even ways to earn money online without spending any in the process. Some cashback sites have daily points where you can get paid to click links and adverts. Quite a few cashback sites pay you to join certain free websites too. I recommend you chose a cashback website to join and apply straight away; I’ve saved hundreds of pounds in the past year alone from these sites so there’s no reason you can’t too.

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