How does cash back work ? Well we lead you through the general process below. It is easy once you learn the basics. Some shopping portals might have a few variations to the process but they all are similar. After reading this you should know how do cashback websites work.
The steps to get cash back by using shopping portals
1. Decide what shopping portals are best for you
After looking over the information here, the various portal web sites and their FAQs, and elsewhere on the internet, you should decide which portals to sign up with.
You can usually get a small bonus for signing up such as $10.
2. Create an account with portal(s)
Create account with user/password for each portal you want to use. We recommend having an account with two or more portals so you can take advantage of the best percent offered for that day between them.
3. Decide which portal to use for today's purchase
When you are ready to purchase, if you have signed up with more than one portal, you should check to see which one is giving the most cashback at your store today. Also if coupons are available from the portal, what is the best deal when you combine both the percent cashback and the coupon from that portal. Cash back can vary by department within a store and also some items may be excluded like gift cards
4. Go to portal site
DON'T go directly to your store, instead go to the portal site (for example - TopCashback.com).
5. Find your store in portal site and click on it
Search for your store on the portal site ( easy ) . Verify what the current cash back is and any terms or exclusions. Also check to see if they have any coupons for your online store that you can use, many portal sites have these. Then click the "Shop Now" or similar button to bring up your store's website.
6. Make your purchase from your store
Make your purchase as you normally would for your store. Don't browse to other websites from the window your store is shown in. Complete your purchase in the same window within 1-2 hours. Besides that, there is nothing special to do.
7. Get Notification of purchase
Some portals notify you via email that they have been notified by the store of your purchase ( usually same day or within a few days). This gives you some assurance that the purchase was properly made thru the shopping portal.
Also if you go to your account for the portal, you should see your purchase show up as "Pending" within a few hours to 3 days. It will stay in "Pending" for 30-90 days after which it because available for redemption. This gives the store time to process the portal's commission plus any returns you might make.
If after a few days, you don't see your purchase show up in your portal account as "Pending", contact the portal site as soon as possible.
8. Earn cash - refer Friends and Family
Most portal sites will give you $10-25 dollars if you refer someone to them and they signup and use the portal site. The person you refer also gets a bonus such as $10 so its a win-win. Referral bonus varies by portal site. The person referred will need to earn about $10 cash back before you earn your referral bonus.
9. Redeem your "cash back"
After 30 to 90 days from the time of your purchase, you can ask the portal to give you the cash earned via PayPal, gift card, or deposit it straight to your bank account. Or you can just leave it with them until the amount is big enough for you to hassle with requesting.
For travel related purchases, it may take longer since the portal's 30-90 days time frame may start when you complete your travel.
You are done learning the basics of how does cash back work. Congratulations!
Why use a shopping portal ?
When you make purchase with online store, you can get “cash back” by first going to a “cash back” website, referred to as a portal. For example, spend $200 and you could get 5% of that back- $10. Its available for most online stores and ranges from about 3% to 10% with it being as high as 20% during special periods at a store like holidays and Black Friday. If you spend thousands online, the savings can add up to hundreds. Also you can earn bonuses by referring family and friends to your favorite portals. The information here should be a great guide to how does cash back work.
Why are the portals giving me cash back ?
Nowadays online store are falling over themselves eager to get customer to buy from their online store. These stores will give commissions to others who help them find customers. Portal sites, such as BeFrugal, have been created to get this commission and offer you a “piece of the action” to get you to use them. Now that you know how does cash back work, you can start enjoying your piece of the online pie!