It may sound too good to be true, but you could be getting free cashback on your shopping, both online and in-store!
Cashback sitesQuidcoand TopCashback are two ofthe best cashback sites in the UK, offering you a percentage of your money back when you use their website to click through to a retailer to buy your product.
There are fine margins between the two websites, but Bobatoo has delved deep into the world of cashback in this Quidco vs Topcashback review, to help you decide which cash back site is better and which one you should use to start saving money.
What is Quidco?
Quidco was founded in 2005, growing into the number 1 site for cashback in the UK. They have over 10 million members who have accumulated over £1 billion cashback in total!
Quidco work with more than 4,500 of the country’s most popular shopping brands, offering amazing cashback deals on everything from takeaways to holidays.
>>> New members get a £10 cashback bonus! Use our exclusive link here to be eligible <<<
How does Quidco work and what does cashback mean?
As a Quidco member, you will earn cashback on all of your online shopping when you use one of Quidco’s links. This means that every time you make a purchase through them, you will receive a percentage of your money back – this will be paid into your Quidco account, ready to be withdrawn.
For example, instead of typing ‘Amazon’ or ‘Argos’ into your web browser, head toQuidco by using our linkfirst. Search for ‘Amazon’ or ‘Argos’ on there, then use one of the Quidco Amazon or Quidco Argos links, which will take you directly to the retailer’s site.
What's more, as a new member, you will get a £10 bonus for free! Simply use ourexclusive Quidco link hereto get started and save money now!
Quidco also have a smartphone app, which works exactly the same – just tap on your chosen retailer and start shopping!
From then on your shopping experience will be exactly the same, except you may get a little cashback bonus at the end of it – what’s not to love?
How long does Quidco take to pay?
The cashback you receive from Quidco is their referral commission, which they get paid by retailers for referring you to their website. For this reason, it can take up to 3 months for your cashback to show in your Quidco account.
How to withdraw cashback from Quidco
Once you have received your cashback, you’ll be able to withdraw it from your account to spend wherever you like.
Quidco offer withdrawals to PayPal or directly to your bank account, but you’ll get more for your money by using your cashback to buy a store specific gift card as you will often receive an uplift on your cashback balance.
You can also decide to donate your cashback to charity, with over 13,000 available to choose from on the Quidco website.
Using Quidco in-store
You can use Quidco to get cashback on in-store or restaurant purchases by linking your debit or credit card to your account.
There is a much more limited range of retailers for in-store purchases, but a wide range of popular restaurant chains.
Quidco Premium vs Basic - Is it worth it?
Quidco launched its premium service to provide members with the best cashback experience possible, including cashback rates of up to 10%, removal of online ads and higher payout bonuses. All you need to do is give back £1 of your monthly cashback, known as a Quidco Premium retention fee.
During the months that you haven’t made any purchases through Quidco, you will not be charged the £1 fee.
So, is it better togetQuidcoPremium or Basic? That all depends on yourpersonal preferences and whether or not you’re happy to pay the £1 cashback fee, but we would advise starting off with the Basic account, and if you use it a lot but want more features, then it may be worth an upgrade. Plus, youcan downgrade fromQuidcoPremiumtoBasic with no hassleat any time.
Quidco reviews
Quidco has an impressive 4.3 star rating on customer review site TrustPilot, with 89% of over 125,000 reviewers rating it as either ‘great’ or ‘excellent’.
TopCashback - What is it?
TopCashback was founded in 2005 and claims to be the highest paying cashback site in the UK. They have over 20 million registered members worldwide with a combined £75m+ saved last year.
They have partnered with over 5,000 retailers both online and in-store across the UK.
How does TopCashback work?
When you make a purchase through TopCashback, they pass 100% of the referral commission that they earn onto you.
For example, when you use a TopCashback Amazon or TopCashback Argos referral link, they get paid a commission. This commission is then passed on to you and paid into your TopCashback account.
You can also use the TopCashback smartphone app, which offers the same cashback rates as their website.
Once you access the retailer’s site, you can continue shopping as usual.
How long does TopCashback take to pay?
There are three stages that your cashback will go through when making a purchase through TopCashback: pending, confirmed and payable.
When the transaction is ‘pending’, it means that your purchase has been verified by the retailer – however, they are yet to check that it has met all of the relevant terms and conditions in order to issue your cashback.
When your transaction shows up as ‘confirmed’, the merchant has agreed that your purchase has met all terms and conditions and your cashback is due to be paid.
Finally, when your cashback shows up as ‘payable’, the retailer will have invoiced TopCashback with their commission fee which they will then pass onto you. This can take up to 90 days.
How to withdraw money from TopCashback
Once your cashback has become ‘payable’, you can request for your cashback to be paid out.
You can get your cash paid into your bank, PayPal account, onto a Love2Shop gift card, or alternatively, you will get paid an extra bonus of up to 10% when turning your cashback into a store specific gift card.
You can also use your cashback to donate to one of over 300 charities who partner with TopCashback.
Using TopCashback in-store
TopCashback’s OnCard feature allows you to register a debit or credit card to your account, meaning that you can earn cashback from selected retailers when you shop in-store.
You can also upload a picture of your receipt to the TopCashback website to earn in-store cashback.
TopCashback reviews
TopCashback also has a 4.5 star TrustPilot rating, with 92% of over 137,000 users rating it either ‘great’ or ‘excellent’.
