What is Cash Back?
Even though most people have different understanding of what cash back is, cash back simply means cash rewards offered by sellers, vendors, retailers or manufactures on products and services purchased through them. With the current economic difficulties, cash backs have become the most effective way to save money on online purchases.
Cash Back Via Credit Cards
Many credit card companies have over the years come up with several ways of rewarding their credit card customers including free flights, vacations and merchandise. Over the years customer feedback and reviews have shown that many credit card customers would prefer to get cash back rather than get free gifts, vacations, merchandise or redeemable points.
Today many credit companies offer some sought of cash back as they have discovered that many of their card customers will likely use their credit cards more often if they know they will be offered cash back rewards that they can use to purchase whatever they prefer.
Cash Back From Rebate Sites
The best option currently for people who would like to earn cash back whenever they make purchases is by using rebate websites. Rebate websites make money by referring buyers to companies and sellers who sell a products or services they want to buy. These websites do not keep the money they earn to themselves but share it with buyers who made purchases after being referred by them. This comes in the form of rebate checks that are paid directly to buyers based on the purchase they make.
With cash back, you will definitely pay less for a product or service than you would in a retail setting. You will definitely save more as rebate sites allow the use of online coupons and voucher codes. This will provide you with convenience when doing online purchases.
Another advantage of using cash back sites that the higher your transactions, the more cash back you get as rebates are usually calculated as a percentage of prices purchased. It is however important to know the percentages offered as they vary and change from site to site.
The cash back site you sign up to should be one which is trustworthy and reputable. Currently, there are several scan cash back sites that will promise cash backs but fail to remit any cash you are entitled to. It is advisable to avoid cash back websites that promise huge percentages as they are likely to be scams.
The cash back site you select must have good and positive reviews form previous and current users. You can check online forums and discussion boards to get unfiltered reviews of any cash back company before using it.
For credit card users, it is possible to combine both credit card cash back rewards with rebate sites cash back. Simply use your credit card that offers cash back rewards in a rebate site. This will definitely be a win-win opportunity for you as you will get double saving. This is the only instance where the deal is so good and very true.