Are you interested in earning cash back on your everyday purchases? Many credit cards offer cash back rewards on groceries, gas, streaming services and more — but you might not realize that you can earn even more cash on your purchases if you combine a high-earning cash back credit card with a top cash back app.
How do cash back sites work? When you use cash back sites to shop for clothes, order grocery delivery or book hotel reservations, you earn a percentage of cash back on your purchases. Some cash back apps also run price comparisons, track price drops or connect you with coupons that can save you even more as you shop.
What are the best cash back sites for earning money? How do cash back sites make money? Let’s take a look at how cash back sites work and how you can get the best cash back sites to work for you.
What are cash back sites?
Cash back sites are exactly what they sound like — websites and apps that help you earn cash back on your purchases. However, the benefits of cash back sites don’t stop there. The best cash back services also provide additional money-saving tools, such as price tracking, price comparisons and the ability to quickly scan the web for coupons.
While most cash back sites are connected to a variety of participating retailers and offer deals on everything from restaurants to baby gear, some of the best cash back apps are known for connecting shoppers with exceptional deals in a specific shopping category. Ibotta, for example, is an excellent cash back app for people who want to save money on groceries. If you are looking for online shopping deals, you’ll want to install the Rakuten shopping extension on your favorite desktop browser. Spend a lot of money on hotels? Sign up for Dosh.
If you want to maximize the cash back you earn with a top cash back app, make sure you’re also using a top cash back credit card to pay for your purchases. That way, you earn cash twice — once from your credit card and once from your cash back app.
How do cash back sites work?
Cash back sites give you the opportunity to earn a small percentage of cash back on qualifying purchases made through the site or app. Once your cash back earnings hit a certain amount, you’ll be able to withdraw the money into a bank account or have your payout sent to a financial service like PayPal.
How do you find qualifying purchases? In some cases, you’ll use the cash back site or mobile app to browse available products and deals. In other cases, you can install a desktop app or browser extension that will notify you of potential deals as you shop.
Some cash back apps even offer price comparison services to ensure you’re getting the item you want at the lowest price possible.
Where does the money come from?
How can cash back sites afford to pay out all of that cash? The answer is simple: referrals.
Every time you use a cash back app to make a purchase, a retailer gets paid — and since retailers know the value of gaining new customers and maintaining loyal ones, they are more than happy to pay cash back sites in exchange for sending shoppers their way.
This is also why cash back apps highlight featured deals and nudge you to consider certain products. These sites not only want you to save money, but they also want to make money by connecting you to retailers and brands.
The best cash back sites
Want to use cash back sites to earn extra money? Start by signing up for one of these top picks — or read our guide to the best cash back apps for even more options.
Rakuten: Best for shopping
Rakuten, formerly known as Ebates, offers cash back deals at more than 3,500 popular retailers. Use the Rakuten website or app to find online and in-store deals at Walmart, Nike, Sephora and more. And don’t forget to take advantage of Double Cash Back offers, BOGOs and other exclusive deals.
Want to earn even more cash back with Rakuten? Add the Rakuten Cash Back Button to your favorite desktop browser and let Rakuten find the deals as you shop. The Cash Back Button automatically scans for coupons, runs price comparisons and alerts you whenever Rakuten Cash Back is available.
Ibotta: Best for groceries
Like Rakuten, Ibotta offers cash back deals at a variety of popular retailers — but some of its best deals are for people who want to save money on groceries. Not only does Ibotta offer cash back rebates on popular grocery brands like Kellogg’s and Tree Top, but you can also get cash back deals that apply to entire categories of food or drink.
Ibotta even allows you to connect your grocery loyalty accounts directly to the app, streamlining your shopping and speeding up the cash back rebate process. Prefer to have your groceries delivered? Grocery shoppers get exclusive offers when they shop grocery pickup and delivery services like Walmart Grocery and Shipt.
Dosh: Best for travel
Earning cash back with Dosh is easy — all you have to do is link your credit or debit card, then shop as usual. When you make a purchase at a retailer that offers Dosh cash back, the money will automatically be added to your account. If you want to browse for deals before you shop, use the Dosh app to search for the best cash back offers.
You can also use the Dosh app to book hotel reservations, which is what really sets Dosh apart from its competitors. Dosh offers up to 40 percent cash back at over 600,000 popular hotels around the world, and you can continue to earn cash back as you shop at local restaurants and stores. If you do a lot of travel, Dosh is ready to help you to earn cash back as you go.
The bottom line
Cash back sites spend money to make money because stores pay a commission to the cash back site that is then shared with you, the shopper. It may seem too good to be true, but cash back sites can be worth it if you are consistent and not using it as an excuse to shop.