Tis the season for gift giving, so why not earn money from your shopping. Open an account with Ebates and start earning now! I recently started using ebates during one of their double cash back promotions, and now I have a check for $92 on its way to me.
What is Ebates?
Ebates is a company that gives you cash back if you click through the links of the stores listed on their site to do your shopping. The company is an affiliate to many online stores, meaning it makes a small commission for referring people to businesses.
How Does it Work?
When you’re ready, go to Ebates and search for the store you want to purchase from, then click on the store link and it will set up a tracking code. Once you have visited the online store from Ebates, you have thirty days to purchase what you want. They will offer you anywhere from 1%-8% cash back on all your purchases made.
This is how they get the money they pass along to you: Wal-Mart gives Ebates 2% of every sale that gets referred from their website. So if Ebates sends a customer to Wal-Mart, and that customer buys a $500 computer, Ebates will make $10 on that sale. Wal-Mart is basically paying Ebates to advertise. Ebates then takes that $10 and they give you half ($5). This results in a 1% cash back rate.
It’s a pretty sweet deal! Online stores (e.g. Wal-Mart, Target, BestBuy, etc.) win because they get the sale. Ebates wins because they get a commission from that sale, and you win as an Ebates user because you get extra cash for basically doing nothing at all. If you think you may forget to use it, set your homepage to Ebates and never miss a purchase!
How long does it take to get the cash back?
Once you click on the link to the store, and check out at the store, it’ll take 1-5 days to appear inside your Ebates account. From there your cash back will need to go through a holding period, to basically make sure you don’t return the item you purchased.
After your cash back is sixty days old, you will be paid on the following dates: February 15th, May 15th, August 15th, and November 15th. You can either have them send you a check in the mail, or have the money directly deposited into your PayPal account.
