As Black Friday approaches, UK shoppers are gearing up for the year's most significant shopping event. While discounted prices are a major attraction, there's a smarter way to stretch your budget further: cashback. Platforms like TopCashback offer consumers the chance to earn money back on everyday purchases, from fashion and beauty to holidays and household bills.
Adam Bullock, UK Director at TopCashback, advises: "Black Friday remains an excellent opportunity to find a better price on items you've been wanting. However, it's not solely about locating the lowest price; it's also about ensuring you save as much as possible when you make your purchase." He recommends checking for cashback opportunities before buying, as sites like TopCashback return a portion of the commission paid by retailers, amplifying the savings found during the sales.
With access to over 6,000 brands and average annual savings exceeding £300 for members who shop online, switch utilities, or renew insurance policies through the platform, cashback represents a substantial financial boost, particularly in the lead-up to Christmas.
Seven Expert Strategies for Maximum Cashback
So, how can you ensure you're maximising your cashback potential this Black Friday? Here are seven tried-and-tested methods from TopCashback.
1. Download the Mobile App
Begin by downloading the free TopCashback app, available for both iOS and Android. It mirrors all the features of the main website. Enable push notifications to receive alerts for limited-time bonus offers and increased cashback rates. It's worth noting that other apps like Quidco and Cheddar also offer similar cashback services from thousands of UK retailers.
2. Install a Browser Extension
For those who frequently forget to activate cashback, the browser extension is a game-changer. It automatically notifies you when a partnered retailer is offering cashback, displaying a small hummingbird icon on eligible sites. A simple click activates the offer, and your purchase is tracked automatically as you shop.
3. Join the Smart Shopper List
Subscribing to TopCashback's smart shopper list grants you early access to promotions and exclusive rate boosts. Subscribers also receive year-round money-saving advice, keeping them informed about the best cashback rates during key events like Black Friday and Cyber Monday.
4. Utilise TopGiftCards
TopGiftCards allows users to purchase digital gift cards for over 100 retailers while earning cashback on the transaction itself. For example, buying a £20 gift card with a 5% cashback rate adds £1 directly to your cashback account. This is an effective method for budgeting on weekly shops or Christmas presents, allowing you to spend and earn simultaneously.
5. Earn Up to £700 Selling Your Phone
If you're upgrading your tech during the sales, use TopCashback's Sell Your Phone tool. Members can earn up to £700 when trading in an old device, depending on its model and condition. An extra £25 cashback is paid within three days of the trade-in being completed via partner WeBuyAnyPhone.com.
6. Leverage the Reward Wallet
The Reward Wallet feature enables members to convert their cashback balance into gift cards, potentially increasing its value by up to 25%. This means a £20 balance could be transformed into a £25 gift card, providing even greater purchasing power.
7. Participate in the Referral Scheme
Through the Tell-a-Friend referral scheme, members can earn up to £35 for every friend who signs up and earns £10 in cashback. New members can currently claim a £15 bonus on a spend of £15 or more when signing up via a referral link.
Shopper Feedback and Platform Reputation
On Trustpilot, TopCashback maintains a high rating of 4.5 out of 5 stars. One user commented, "A great way to save some extra for Christmas and so easy too." Another stated, "Easy to use, have earned hundreds over the years. It may seem like pence at the time, but it all adds up."
While most reviews are positive, some users have noted areas for improvement. One reviewer deducted a star, explaining that the process for withdrawing cash was not entirely clear. Despite this, many users are highly satisfied, with one reporting, "Since joining, I have been able to successfully withdraw nearly £1,000 in real cash - what is not to love."
