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Cash Back - How the Concept Works

Aug 16, 2008
Cash back rewards program has literally taken the online retail shopping by storm in present days. With this program, you can earn cash rewards on every purchase.

Cash back websites pay the amount to members through different payment options. They pay the reward within the stated time in cash and not points. Thus, with this money you can buy other products.

How It Works?

In online retail stores, many merchandisers advertise their items on their websites. Whenever, you click on an advertisement and buy the commodities or services, the retailer pays certain amount of fee to the owner of the retailer's website.

You will come across many such ads on different websites, if you shop online. Cash back reward websites are an interface between merchandisers as well as online shoppers. When online retailers click on the website links of online retailers, listed on the portals, they are directed to a retailer's site. After buying the desired products, you get the cash back percentage as promised by the web site.

Another way to buy from a cash back reward website is by finding the top rated retails store, which offers cash back facility. Next, you need to register yourself at such site. Here you will find gallery of different retailers on the website. You can choose your retailer and buy the products.

However, the cash back rewards will be offered by the main website. If you want to check your cash back reward status, then you will have to sign-in as a member. Through this, you will get details of the cash back.

You need to refer to the chart. The first column usually displays the items that you bought. Second column displays the actual cost of the products and the third column will display the cash back that you obtained against that purchase. Usually, portals offer fixed cash back on the purchase.

You can also see the status of your cash back reward in the last column. If your status depicts "pending", then it means your rewards have not been delivered yet. If the status shows delivered, then it means you have received cash rewards. In case, your status depicts as delivered, but you have not received it, then you will have to contact the customer support of that website.

Overview:

Some cash back rewards websites offer free membership to customers, while some ask for a fee. Few websites may also offer you with bonus on joining. They also pay you some additional bonus, if you refer your friends or family members to make purchase.

Thus, with the increasing rise in the costs of commodities, cash back reward websites give you some respite, as you obtain money after every purchase. However, the only downside is that there are limits on cash back rewards. You cannot expect to get cash back on purchase of single item. You will have to buy items in bulk or make big purchase to become eligible for the cash back reward program.
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