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When a customer makes a purchase online, instead of visiting the retailer directly, they may choose to follow a link from a cashback website to generate a monetary reward when buying products or services.
Cash back. These apps provide online shoppers with automatic rewards or coupons at checkout. Examples include Rakuten, Ibotta, Honey and Capital One Shopping. Receipt-scanning apps.
Zazzle is an American online marketplace that allows designers and customers to create their own products with independent manufacturers (clothing, posters, etc.), as well as use images from participating companies.
Cash back: A rewards checking account can put money back in your pocket each month when you make purchases using a debit card.
Many apps these days are promising “cash back” to consumers, which can sound too good to be true. Some of them really do deliver, though, and even significant dollars if you use them frequently.
The trend in recent years has been “cash back” shopping—an e-commerce phenomenon allowing consumers to earn money for shopping. But what is cash back and why should you care about it?