Many friends who have moved to the UK may have heard about earning cashback when shopping online. However, some might not have looked into how it works, thinking that it’s not worth the hassle for just a little bit of money. As a frugal person, let me give a simple explanation of how the two main UK cashback websites, Topcashback and Quidco, work. After reading this article, you'll know how to earn while you spend!
How Cashback Works in the UK
When shopping in the UK, there’s VAT (Value Added Tax), so saving every penny counts. Besides using credit or debit cards that offer cashback,Topcashback andQuidco can definitely help you save more. But why are these cashback sites so generous in giving money back to consumers? Are they really that kind-hearted, or is there a catch?
The principle behind UK cashback websites is that merchants allocate a portion of their marketing budget or advertising commission to reward consumers directly, hoping to attract customers to their stores. These websites drive traffic to merchant sites, and the merchants pay commission to the cashback sites. The cashback sites then share this commission with consumers in the form of cashback. Therefore, the revenue of cashback websites comes from merchants' advertising spending. This creates a win-win-win situation for merchants, cashback sites, and consumers.
How to Register as a Topcashback/Quidco Member?
Registering for Topcashback or Quidco is very simple. Just visit their websites, enter your email, create a password, and you’re good to go. Using a friend’s referral link not only gives them a bonus but also sometimes provides special offers for new members, so it’s best to sign up through a referral link. Don’t worry about searching for one—just use mine:
Topcashback Referral Link
https://www.topcashback.co.uk/ref/chansleedspioneer
Quidco Referral Link (You’ll get an extra £15 bonus after earning £5 in cashback)
https://www.quidco.com/raf/11300767/
Do I Have to Be in the UK to Register?
You don’t need to wait until you arrive in the UK to register. You can sign up from anywhere, even if you’re not currently in the UK. You can shop on UK websites and use a parcel forwarding service to send items to where you live. That way, you can start earning cashback early!
How to Use Cashback After Registering?
If, for example, you want to buy electronics from Currys, simply log in to Topcashback or Quidco, search for “Currys,” and follow the link provided by the cashback site to Currys’ website. The site will automatically track your purchase, and after a while, you’ll receive your cashback.
Both Topcashback and Quidco are free to join. I recommend signing up for both because even for the same merchant, the cashback rates might differ between the two sites. Before making a purchase, compare which one offers the highest cashback for that particular merchant to get the best deal.
How to Use the Cashback You Earn?
You can either withdraw your cashback directly to your bank account or exchange it for coupons from places like Tesco, Morrisons, Deliveroo, etc. If you opt for coupons, you may get an extra percentage bonus, depending on the merchant. As a user myself, I always check cashback sites before making any purchases to ensure I shop smartly.
Additional Tips to Avoid Unwanted Fees
After registering with Topcashback and Quidco, take note of the following points to avoid unexpected charges:
1) Topcashback Tips
New members start with a Plus membership, which offers higher cashback rates. However, note that the first £5 of cashback you earn each year will be deducted as the Plus membership fee. If you don’t want this fee deducted, you can downgrade your membership.
2) Quidco Tips
New members start with a Premium membership, which also offers higher cashback rates. However, £1 will be deducted each month from your cashback earnings as the Premium membership fee. If you don’t need the Premium membership, be sure to downgrade it.
Happy Sharing
If you want to register as a cashback member after reading this article, remember to use the referral link above to register!
If you like what we have shared, keep watching my blog and share it with your friends!
(The above is for reference only; please refer to the relevant website for details.)
