What Are the Best Ways To Get Cashback?

Cashback is a great way to save more with every purchase you make. With cashback, you get a little percentage of your payment back and into a money pot. Different services allow you to do different things once you’ve saved up enough - some allow you to exchange it for rewards, while others let you withdraw it back into your bank account.

What are the different types of cashback?

There are a few different services that allow you to get cashback with your purchases. For example, some rewards credit cards that allow you to earn cashback as you use it to make purchases. These can be a double-edged sword though, as if you can’t pay off your card you can end up in debt.

One great way to unlock cashback without the risk is through cashback websites and apps. Some online shops offer their own cashback scheme specific to them, while others work with various brands to give you cashback across a variety of outlets. Widilo is one of the latter - we work with a number of stores to provide cashback on purchases across the web.

We’ll dive into the pros and cons of the best cashback options below to help you make an informed decision about the best way you can save more on your shopping.

What’s the difference between cashback at tills and other types of cashback?

Whether you’ve heard someone ask for it or done so yourself, you’re probably aware of asking for cashback at the till of a supermarket or similar. This is different from the kind of cashback we’re talking about here.

When you ask for cashback at a till, you’re asking for the server to withdraw money from your bank account for you in the form of bank notes. Unlike many ATMs, getting cash this way is free of extra charges - but it’s very different from the cashback rewards schemes offered by websites and credit cards we’ve discussed above.

Cashback rewards give you a percentage of your purchase back to you, while this type of cashback is a direct withdrawal of money you already have in your bank account.

Are cashback rewards credit cards worth it?

There are many different types of rewards credit cards, with cashback being just one of them. Others might allow you to earn points that can be exchanged for various goods and services, for products at specific supermarkets or for discounts on travelling.

Cashback credit cards simply allow you to receive a small percentage of every purchase back. It’s a great way to boost your savings, and depending on the card you can even use your cashback to pay off your bill.

There are some serious drawbacks to rewards cards however. Banks will only give you a credit card if your credit rating is good enough, so they’re not an accessible option to everyone. Plus, if you decide to get one you’ll want to make sure you pay it off every month or the interest can grow significantly making it harder to keep on top of.

What’s the best way to save with cashback websites and apps?

Using a cashback website or app on the other hand is a lot less risky and easy to use. When you make a purchase on a website or app by going through a cashback website, they get paid a commission for the sale - and they give some of that commission back to you in the form of cashback.

Usually, you’ll need to earn a certain amount of cashback before you can withdraw it to your bank account. If you’re a prolific online shopper that shouldn’t be an issue though - with Widilo you’ll even get a bonus when you create an account to make it easier to do.

Despite there being a few websites and apps that offer cashback, they can offer different rates, even for the same shop. Widilo strives to provide the best possible for all your favourite brands to ensure you can always unlock unbeatable savings.

Sometimes cashback can take a little bit of time to process, but there are exceptions. When you buy a Gift Card with Widilo for example, your cashback is processed more quickly than making a purchase through a shop’s website.

The best way to see if your favourite outlets have cashback available is by downloading the Widilo browser extension and by installing our app onto your smartphone. That way, you’ll never miss out on the opportunity to unlock extra savings - you’ll also be able to see if there are any offers or discount codes running that you can take advantage of as well!

Start enjoying the benefits of cashback now by creating your Widilo account!

Discover the top cashback rates available at the moment.

Find out more about how cashback works.