Do you know rich people are not the ones who make more money? But the people who know how to manage money well.
Finding smart ways to manage money is one of the areas of my interest.
In this list smart shopping comes in the top.
Today let’s talk about EBates.
What is Ebates?
I learned about Ebates only recently. Ebates pay cash back to their customer when the shop online in their favorite stores.
So what exactly is Ebates?
On Ebates, as an active member, you are entitled to receive some payments for every transaction you make. You will also find many deals, coupons and special offers to help you save money.
Ebates was founded in 1998. Since then Ebates has paid out over $250 million to its active members since inception.
Every brand has the cash back percentage listed. So it is easy for you to pick the one with more cash back.
Earning money on Ebates is easy; there are over 2,000 shops to browse through in search of what you need to buy.
Once you are logged in as a member, you will have access to shop from your favorite brands.
On Ebates.com you can buy from popular brands like Wal-Mart, Nordstrom, Gap, Amazon, Sears, Kmart and many more exclusive brands right from the comfort of your home, what can be better than this?
You simply shop your favorites and get paid for it.
Ebates.com is also FREE, you can create your account and become a member of our rapidly growing community.
How Ebates makes money to pay us?
Understanding the business model makes us comfortable shopping online. Ebates works based on affiliate marketing technique. They refer products from the branded stores and they get paid for that.
They get a bigger percentage of the affiliates because of the volume and partnership.
Ebates pays a small percentage to you as cash back.
Shopping on Ebates
Shopping online is very easy and absolutely secure. The first step is to log onto Ebates.com, you will see a variety of brands, search for your preferred brand and click “Shop Now”.
For every purchase you make, the equivalent amount of the calculated percentage from that store will be credited to your Ebates account.
This means that if 10% is indicated as the percentage payback for the store you shop from, a purchase of $500 means that $50 will be credited back into your Ebates account.
Who can shop on Ebates?
Ebates is for anyone who shops online. Instead of you going to the brand site directly, shop through Ebates and earn some extra cash.
I started to use this site recently and it looks promising so far. I think it is a good idea and will continue to try it out.
At the same time, I have to warn you that it is always not ideal to buy through Ebates. You might not find the product you are looking for in Ebates. Even if the brand is listed, they might not carry all the items.
Use this platform to shop around for better pricing to save some money.
The idea is to find better deals on the products you buy regularly. It should not become another store to buy more products that you don’t need.
On Ebates.com, you are permitted to use coupons which are awesome even for a cash back system. Coupons, promotional codes, and discounts would work along with the existing cash back.
This is an excellent way to save more money while shopping at your favorite store.
Is Ebates a scam?
There are many arguments on whether Ebates is a scam.
Ebates is an absolutely legitimate business. Ebates generates funds from its affiliate business and this is how the company is able to afford the percentage cash back paid into customers’ accounts.
The company receives a commission for every purchase made from the partner stores.
A store like Target listed on the available shops will pay a commission to Ebates for the purchases made through Ebates for Target products on sale.
Ebates, on its part, gives you back some of this percentage as a reward for your business. It is a win-win situation.
I have done an extensive research on e-commerce platforms that offer cash back rewards for purchases and Ebates has always topped my list. They have an excellent system that runs very smoothly.
How long will it take for a purchase to be registered on Ebates?
Every successful purchase makes you eligible for a cash back payment which is credited to your account within seven days.
However, you will be credit directly via PayPal after the funds have matured in your account, this takes about sixty days.
In my opinion, this is ok. I am not planning to use Ebates as my bread winner. It is that extra cash to save for the future.
Five Tips to Increase your Earnings through Ebates.com:
- Maximize the use of coupons. With coupons, you can get much more rewards from the cash back and discounts with the coupons.
I use the chrome plugin called honey, this one automatically pops up a window and checks for coupons code across the web. If it is valid, it will apply automatically. - Ensure that you access the stores through Ebates to qualify for the cash back.
It is easy to forget this, what you can do is install the Ebates browser extensions this way you will always get an alert when you visit any online shop.
With the Ebates extensions, you will not need to go through the website for every online purchase. once you click on the pop-up alert, your purchase will be tracked and credited to your account. - Now you can also enjoy the cash back offer when you shop offline. Ebates has come up with this innovative method, all you need to do is to link up your credit card to your Ebates account and all the purchases made through this card will earn you a cash back credited to your Ebates account. I think this is cool.
- For a better browsing experience, please disable your AD blockers when you log onto Ebates.com.
- You should only click the Ebates link when you are sure to make a purchase. The grace period expires after 30 days but it is best you complete the purchase within 24 hours of clicking the link.
Conclusion
Ebates is another smart way to shop online. If you shop stuff online regularly then check in Ebates first to see if you qualify for any cash back.
It doesn’t cost you anything, so why not give it a try.