Are Cashback Sites Really Worth It?

Cashback sites can seem like they are too good to be true, but the truth is that if you do it right you can earn a decent wad of cash from everyday spending, buying gifts and even sorting your insurance out.

There are a few cashback sites around, some of which you will have heard of already, and below I’ve added the main sites which I use personally that have a plethora of merchants you can shop with. All you need to do once you’ve signed up is to visit the merchant’s website via the cashback site and shop away!


The one I use most is TopCashback, simply because it’s one of the highest paying cashback sites with so many merchants to choose from, along with an easy-to-use website and app.

So far, I’ve earned just over £300 since using it over the last couple of years. And that’s mostly from buying my insurance products (with the odd Domino’s Pizza thrown in for good measure… naturally).

How does it work?

Most of the cashback earned is based on a percentage of what you spend, for example: if you pay for an item from Argos that cost £100 and the cashback percentage is 5%, you will earn £5 in cashback which will be paid out after some time has passed (time dependant upon merchant and any applicable terms and conditions), though many merchants pay out within a matter of weeks.

Other merchants will offer you a flat rate no matter what amount of money you spend. Just be sure to check how much you’ll receive before spending, and as usual, only buy what you you can reasonably afford.

You can enter competitions to win all sorts of prizes and even earn free cashback with certain merchants! Just look for “Free Cashback” in the categories section to see what’s available.

Why are there different membership options?

You can sign up for a free account, or you can sign up to be a “Plus Member” which enables you to earn even more cashback at a cost of £5 per year, the amount of which is taken out of the cashback you earn so you don’t need to worry about handing over your card details for a recurring annual subscription.

How do I get paid?

Once the cashback is showing as payable in your account, and so long as you have a minimum of £5 available (if you’re a Plus Member, the first £5 you earn will go towards your annual membership fee), you can head on over to the “Payout” section to arrange for the money to be paid out to you via bank transfer (BACS) or PayPal. You can even trade in what you’ve earned to date to get that little bit extra back on something more specific such as a gift card, pre-paid Mastercard, vouchers or you cam put it into TopCashback’s Reward Wallet so you can split your cashback between different payout types in full or round amounts.


Quidco is another good cashback site which works in a similar way to TopCashback in that you can sign up for a free or Premium membership, the latter of which costs £5 per year and is taken out of the first £5 worth of cashback you earn.

What’s the difference between Quidco and TopCashback?

One of the main differences I’ve noticed is that when you register your debit/credit card, there are a fair few merchants who offer in-store cashback. Some of these include places to eat & drink meaning if you’re fond some good old fashioned pub grub, why not get some money back on what you spend? Note: you may have to activate the cashback offer before you spend on your card.

The other difference is that some of the offers don’t pay out as much as TopCashback, however there could be places on Quidco that aren’t on TopCashback and vice versa so it’s always worth checking both before shopping.

Apart from what I’ve already mentioned, most of the other stuff remains the same in that you will have to wait a certain amount of time before being eligible for a payout (subject to the relevant terms and conditions), select which membership option you wish to choose from, explore the website and app for merchants to shop with along with competitions to enter and more!


Which one should I use?

You can create an account with as many cashback sites you want so long as they are trusted and you only create one account per person, but in my opinion the above 2 are my personal favourites especially if you opt for the paid memberships.

One thing to be aware of is the fact that you don’t want to be spending more money you don’t need to just because you see a good cashback offer. Only buy what you can reasonably afford if shopping for things that aren’t a necessity.

TIP: If you need to renew your car insurance, home insurance etc. or if you need switch your utility provider, then these can be a great way to earn a decent amount of cashback without buying things you might not necessarily need.

Just remember to actually visit the merchant via the cashback site and make a successful purchase in line with the stated terms and conditions, so the cashback site can track what you’ve bought and pay you the cashback you’ve earned.


Thinking of signing up to Quidco? Then use this link to create your account and we can both earn £12.50 when you earn £5 or more in confirmed cashback – Bonus payout correct at the time of posting this article.

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