This isn’t strictly a money-maker because most of the time you have to spend money to earn money, but there are still other ways to earn money for free at these types of websites, and if you do lots of shopping online then you’re going to save lots.
Cashback websites earn their money by having affiliate links to lots of online shops, and when you purchase something via the cashback website they will earn a percentage of the final order value (usually). They will then pass on a percentage of this back to you, as “cashback”. Once your cashback reaches a certain level, you can request a payout into your bank account, or by whatever options the website offers you. Most of these cashback sites rewards its users with points, and these points are then transferred into cash (1point usually equals 1pence).
However you don’t have to just spend money to earn money. There are normally ‘recurring links’ available on the cashback sites, and these are daily activities which can earn a few points a time. Usually these recurring points are earnt by searching for an item at a listed search engine, or for clicking a link at a certain online-retailer.
You can also earnt at cashback websites by signing up to other websites, most of which are free to do. You can earn a few pounds for signing up to websites like Ebay, or earn 25p from filling out a form to sign up to Speedateonline. From just having a quick look at my favourite cashback website Rpoints, there’s easily £20 worth of money to earn just from signing up to the free websites (under the title ‘Easy Points’).
Some of my favourite cashback websites:
Rpoints (Earnt at least £400 here from cashback & recurring/easy points. Probably the best feature of this site is the forum, where often online freebies are posted. Normally O2 sims equipped with £2.50 credit are given away, these can then be sold on etc.)
Ipoints (Earnt about £240 here from answering surveys, writing product-reviews and from cashback for purchases made online, etc).
Quidco (Has one of the best rates of cashback, offering %100 on purchases etc, though they will take a £5 fee from your earnings after joining).
Again, more information can be found here at http://www.paid2review.co.uk
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http://www.cashback4.co.uk explains all about cashback websites.
I personally use http://www.pennymix.com/index.asp?r=6687 This website now has a new owner and more retailers are being added each week. There is also a January competition for 2009 and you could will upto £50 of amazon vouchers.
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