In a world of cyber scams and phishing schemes, any website that offers free money may be met with great skepticism.
So, when you see an article about a site that promises massive cash back on all online purchases, travel arrangements and entertainment, you may be tempted to delete it.
Not so fast! Some websites, often called cash-back shopping sites, like http://cashback.life are the real deal.
Get Rewarded for Shopping
http://cashback.life is all about earning money through cash back savings. It returns to its members a percentage of what they spend on qualifying purchases.
Mike Evans of Colorado has been a member of http://cashback.life since 2015.
“Saving money is awesome,” says Evans, a self-described deal hunter. “I love getting cash back on all my online purchases, travel arrangements and entertainment, many times up to 30% or more. You can't get better than that. Awesome!”
Using http://cashback.life, Evans signed up with http://www.dubli.com/3870924 to click through to over 15,000 merchants' websites. He has earned over $1000 in cash back by shopping online and referring friends to get a sign-up bonus.
How the process works
http://cashback.life is straightforward.
Users sign up for a free membership and get their own personal http://www.dubli.com/3870924 shopping portal. Rather than going directly to a retailer's website, a member first log in to their DubLi shopping portal, click on a link that would take them to that retailer's site, and then complete their online shopping as usual.
After DubLi verifies their transaction, the earnings get approved. That is based on the dollar amount of their purchase and the retailer's cash-back offer at that time.
With over 15,000 retailers on the site, the percentage of earnings varies by retailers. Cash-back of 30% or more is not uncommon. This is in addition to all the “stackable deals” available. These include retailers' special deals, website specials, daily discounts, etc. Also, in addition to its free membership, DubLi also offers a paid $99 annual membership which entitles the member to an additional 6% cash back on top of the massive free cash back and stackable deals. This amounts to triple savings.
How It Is Done
For example, take a site with an offer for 7% free cash back. The member clicks through to a retailer's site complete the purchase. On a $500 TV, the member would get back $35 ($500.00 x .07) in free cash back. If the member has also purchased the optional 6% VIP membership, he/she will also receive an additional $30 cash back ($500 x .06), for a total of $65.00 in cash back. This is in addition to any stackable deals the retailer may be offering.
Actually receiving the cash back can take some time, typically 30 – 45 days, or perhaps even longer. The time it takes depends upon the retailer's return policy timeframe. Once the return period has ended, the retailer forwards the cash back to DubLi, which, in turn, provides it to the member.
So where does the cash come from? Cash-back websites develop relationships with retailers and get paid to refer customers. The sites then share a portion of their referral revenue with their members who shop.
There is no limit on how much any person can earn. Members typically use the money to pay off bills, create a rainy day funds, save for a vacation, etc.