04.05.2024

Hi i'm andy welcome to my channel this. is the place to be if you want to make. the most from your money whether that's. making money saving money or better. managing your money. the video today is going to focus on. making money. and it's through something called. cashback now i've spoken about cashback. before i was talking about cashback. credit cards. speaking about cashback on your bills. from your bank account and i've also. spoken about. cashback sites i've got a whole video. which if this is a brand new concept to. you might want to check that as well. it explains how these things work but. very very very very briefly. when you shop via a cashback site they. act as the middleman. between you and another retailer so. let's say that retailer was i know asos. or marks and spencers. rather than going directly to that.

Website online typing in asos.com. whatever it might be you go to the. cashback site first of all. then you search for the people you want. to shop with within that cashback site. and then you click through so that's. what i'm saying is one extra step you're. going to one site. then through to the other one now what. that happened when that happens. basically. the site that you then shop at normally. asos m s whoever it might be you spend. your money you get your order delivered. whatever it is. they will pay a commission to that. middleman to that cashback site. they all work like this is how voucher. code sites work it's how. all sorts of big retailers newspapers. big sites money saving expert my own. blog big level your cash.com. there's something called affiliate. marketing it's really really common. basically.

Make a sale online some money gets paid. back to that. provider but what a cashback site does. unlike if you go via any other sites. is it will give you that money back it. will pass that commission on. straight back to you now some cash back. sites will pay the full amount the 400. commission. some of them will give you a proportion. of it basically the way they make money. is because they have so many users. they also kind of advertise and have. little features and stuff so they get. money from the brands to push them. over other retailers and things like. that so it is free money. from the brands from the retailers to. you it just comes. via that middle person that portal so. that's what i want to focus on. in this video which is the best cashback. site to use which is going to give you. the most money back. when you shop via them rather than.

Directly with a brand or the retailer. now there are five i'm going to mention. today there's top cash back there's quid. co. there's oh my dosh there's boom 25 and. there's kid start. they've all got their pros and cons i'll. tell you a little bit about each of them. first of all and then we get into that. sort of deeper comparison now the oldest. two both started in 2005 are top cash. back and quid co. they are also the biggest two sites top. cashback says it has 15 million users. quidco says it has 10 million users a. lot of people using these sites it. obviously gives them. a fair bit of weight a fair bit of power. to try and you know pass on 100 of the. commission to you and that's what they. say they do they pass on. all of the money to the user now in. terms of. the number of retailers on there top. cashback has a slight edge.

It has over 5000 different shops where. it's listed on there. uh critico says it has 4 500. now. topcashback says. that the average active user so people. are using it on a regular basis will get. 345 pounds back. every single year quid coat is a little. bit less they say that average payout is. 300 pounds. every year but still i think that's. pretty achievable that sounds like a lot. of money but as i said i've made. 458 in the last 12 months so i think you. could be getting easily getting that 300. or 350. pounds you might even be able to get a. lot more than that it really depends. what you buy and how much you spend. next up we have oh my dosh now it is. newer and it has a lot less. retailers on there so you won't be able. to do your full shot as you would. with topcashback and quidco it does have. a couple of places though which i.

Haven't found on the big sites uh often. it's free trials or new member bonuses. things like the fintech app yelt. or the movie rental service chile a. couple of quid here a couple of quid. there. money you can make purely on oh my dosh. but not on the other so it's worth. considering it. uh for those in having a look next up we. have boom. 25 now this is very different to the. others because rather than give you. a small percentage of your money back. every time you shop. it instead gives you a chance of winning. all the money back. now it says normally that's one in 25.. so every 25th person who shop to a. particular brand will get. the entire purchase refunded to them so. it could be quite fun it's quite a nice. gimmicky idea but obviously that means. your money isn't. guaranteed little side note cash back is. never really guaranteed but i talked.

More about that in the other video. there's always a few reasons why you. might get that. claim rejected such as it doesn't track. properly or maybe you use a voucher code. things like that. but anyway most of time you will get. your money back with critical and top. cash back. probably oh my gosh as well but boom 25. who knows maybe you will maybe you won't. maybe you like the idea of that. personally i'd probably only use that. for something which is a smaller. um purchase so for example if you use a. cashback site on something that cost. uh a 10 out and it's only one percent. you know well maybe give it a go maybe. you get the whole 10 pounds back. rather than just that 10p which is what. you'd get. via the other sites give it a go maybe. play around with it like that. some of the rates do vary as well so for. example ebay.

You'll get 25 of your purchase back if. you win rather than 100. but there's a greater chance that you'll. win it's a one in 12 chance. and it's also worth bearing in mind that. boom 25 is still relatively new it has a. relatively small customer base it's a. lot less than quidditco and top cashback. even a lot less than oh my dosh so that. means there's less people shopping on it. and less people shopping with those. brands. you know the chart one in 25 is great. but you still need at least 25 people to. shop on it. on a regular basis but it's still i. think it's interesting and it's worth. considering from time to time. now the last one to tell you about. something called kid star now this is. only for people who have got kids or. maybe it could be a niece and nephew a. grandkid something like that. the money you earn by kid start doesn't.

Go to you it goes into a savings account. for that child which is a really nice. little gesture really nice idea. of course you could say well if i make. the cash back and i make more cash back. because the rates are going to be higher. elsewhere and the number of retailers. are going to be higher elsewhere. why not just take that money out when. you pay out put it into account for them. yeah absolutely you could what you might. want to consider kidstar is for. particular retailers because john lewis. and apple are only listed. on kid start they are not on top. cashback quid co oh my gosh. or boom 25. actually i say a lie. john lewis is on top cash back but it. only pays out in avios points which is. unless you collect average points as a. complete waste so. if you are going to shop at john lewis. then maybe this is the place to do it go.

Via kids start. get a little bit of money out and yeah. put it into an account for your children. or someone you know. so they're the big five there are other. places which do offer cashback or. something similar to cashback it could. be. a work perk scheme often you've got on. your internet when you log in you've got. access to a special site. that will give you points back and when. you've got a certain number of points. you can pay them out. as cash i used to have that at the bbc i. know other employers. offer something similar with a lot of. these that go on um all sorts of places. are starting up offering these cashback. extras uh places like fintech apps i've. noticed they're offering these quite a. bit. um nectar i mean if you shop through the. nectar site. that's essentially a cashback site. you're just getting nectar points back.

Rather than. pennies to your account i would ignore. all of those i wouldn't and use any of. those i would stick to these five and in. fact. i would stick to top cashback and quiz. co only and i'll explain why now the. main reason i wouldn't use. those last three is that you're gonna. get less money by using them for a start. there are less retailers and brands. listed so you haven't got as much choice. you probably find yourself shopping on. one. shopping the other moving around so you. can't do all your shopping or your. cashback shopping i should say. via those sites but you also if you can. find a brand on there there's a good. chance that it's going to be paying you. less. money not guaranteed because from time. to time they have special offers but. because they don't have the customer. base they don't have that power that.

Quidco and top cashback have. it's a lot harder for them to give you. 100 of the cashback or to negotiate. special deals in the way that. topcashback and quidco do. i also have a concern around uh oh my. gosh is that they have a 10 pound. minimum payout. now that can sometimes be achievable. really easily it might be one off and. you get that money straight away okay. great. but if you're doing your you know all. the time every sort of time you go to a. shop you'll go invite them and you're. getting 20p. here 50p here because it's not all big. bucks some of that cashback is small. amounts of money. it's going to take a long time to get. that 10 pounds and then when you pay out. the money. you claim that 10 quid whatever it is. you're starting again from scratch. and i just worry about that because your. money in any of these sites is not.

Protected if the site was to go bust. so you potentially could have money sit. in there and you lose it. it's complete waste now that's the same. with all of them so actually whenever. every time you get a payout claim it. straight away don't leave it sitting. there but that 10 pound limit is a. concern. for me so that brings us really down to. top cash back. and quid co which one of those should. you use which one is the best. well those headline figures i gave you. the star with the higher. average payout the higher number of. retailers would suggest that top. cashback. is the best one to go for right but. actually it's not as simple as that. because the rates change on a regular. basis and they do negotiate these. special offers with the brand so you. might find that on. one day you've got the highest rate on. top cashback with a certain retailer but.

The next day. it's higher for exactly the same shop on. quid co. really the only way to know which one's. gonna give you the best payout. is to have a look before you shop and. that's what i do i use both of them. on a regular basis i used to actually. use topcashback a lot more now i. actually tend to use quidco more i'm not. quite sure why that is maybe when i have. a look. the things i want to use the things i'm. going to search for i'm getting a. slightly better rate on quid co. but i still use both of them and mix. between the two now i had a quick look. uh and in my article that i'll link to. from this i looked at seven. different products and actually four of. them quid code scored higher it got a. slightly higher return so it might have. been two quid more here it might be ten. quid more there when we're talking about.

Practical things like applying. for a bt broadband where you talk about. hundreds of pounds you can get in cash. back. or a new american express credit card so. for example the platinum. cashback credit card which i've spoken. about here on the channel before. go via topcashback you'll get 10 pounds. go buy quidco you'll get 20 pounds. but if you went for the nectar american. express credit card. again which gets you nectar points. rather than cashback well that's not. available via quid code but it'll give. you 31 pound 50 via top cash back. so you see what i mean you've got to. kind of compare the two of them now if. you don't fancy doing that. both of them offer a price match promise. so if you find a rate higher on one than. the other you can just put that claim in. but that can take some time personally. i'm just happy to shop between the two.

So there you go they're the best cash. back sites to use in the uk. pretty equal place i would say with quid. co and top cash back. really it depends what day of the week. is which one is best but i really would. stick to those two. oh my dosh only really use it if there's. those new trial offers that you can try. and. make the money up there get a little bit. of cash but i wouldn't use it on a. regular basis. boom 25 again maybe only for those. smaller transactions if you fancy giving. it a go. trying to win your shopping back again. don't use it for anything larger. although you could get a bigger return. there's also the greater chance you'll. get nothing at all and that final one. kidstart. really is only for john lewis or apple. purchases but there are other ways you. can save with those retainers and get a. bit of a discount.

So again it might not be worth it. finally this is really important if. you've not used topcashback or quidco. before. don't just sign up you want to make sure. you're getting a new member bonus. now there are a few ways these work. because you've got a mate who's already. got. a membership you can ask them and they. refer you they'll get some money. you'll get some money probably around a. fiver maybe a little bit more. but you can get more than that if you've. hunt down one of these kind of special. promotions now you'll see them quite. frequently advertised. other bloggers do it in the newspapers. things like that they often spend. uh 20 pounds i'd know justine and get 10. pounds back or whatever it might be. they're often specific to certain. retailers. which is fine if you're going to shop at. those brands the best ones though.

Are ones you can spend anywhere there's. no restriction you actually go into the. site. and as long as you make the minimum. spend you will get that bonus. now these do come and go i've got an. article which i will link to here and. below. so you can find out what the latest. offers are but. at the time of recording this you can. get 15 pounds. at top cashback when you spend 15 quid. that 15 quid is one of the highest paced. ones out there. that's a really really good one to start. you off quid co. you can get 17 pounds back when you make. a 10 pound purchase. via quid co now that is a market lead. and that is exclusive rate which i've. got for anyone who signs up to my. newsletter. so again i'll link to that you can do. that sign up get that link. click through register with cudco again. this. new member the first time you use it.

make that purchase of at least. 10 pounds in a single transaction and. you'll get that 17 pounds bonus. and if it's your top cash back spend at. least 15 pounds. and you'll get that 15 pounds bonus now. again those offers do come and goes it. depends when you're watching this. could be higher could be lower but i. guarantee you'll always share the best. offers over. on the blog now if you found this useful. and you think i'm going to make you some. money every single year please do hit. that like button. please do leave me a comment and please. do hit subscribe and a little. notification bell as well so you don't. miss. any future videos it really would mean a. huge amount to me. until next time cheers. here are a couple more videos you might. find interesting. you