How To Maximize Cash Back Rewards

Whenever you are buying something you are missing out on a chance to earn cashback. Unfortunately, most people dismiss cashback because it's such a small amount (e.g. 1% cashback). However, you can make a lot more if you combine multiple cashback platforms. Done properly you can earn anywhere from 33% to 110% cashback on some purchases. Over a year you can make a couple of thousand dollars from purchases you already make.

Step 1: Get A Cash Back Credit Card

The first step is to stop using cash or a debit card and start using a cashback credit card. While there are hundreds of cards out there I highly recommend the Discover It credit card. The card is easy to qualify for and gives you 1% cashback on everything you buy. However, it also gives you an additional 5% cashback on rolling categories. These rolling categories are for popular categories such as restaurants, groceries and gas stations so you will get plenty of use out of the card. If you want to learn more about the credit card then read this in-depth review of Discover It.

Step 2: Add-on Cash Back Services

Once you have a credit card you can then use it to sign-up for multiple cashback add-on services. The way these services work is that you add your credit card information and then you can earn cashback for certain purchases.

There are multiple add-on cashback services and you can use all of them with the same credit card. Once you enroll in the add-on services you will automatically earn cashback for certain purchases.

• Pei App - By far the most popular cashback add-on service available at countless stores. Everything from restaurants to auto parts stores will earn you anywhere from 4%-15% cashback.
• Bumped App - Works similar to Pei but instead of giving you cashback it gives you shares in the companies you do business with. For example, if you purchase a Starbucks coffee you will get 1% cashback in the form of Starbucks stock.
• Get Upside App - Originally began as a cashback service for gas stations but later on expanded into restaurants and grocery stores. The service is a little different from the rest because you need to "check-in" to locations before you make a purchase. Read this in-depth review to learn more.
• Swagbucks Local - This service is part of the massively popular Swagbucks and works similar to the other cashback apps. While the majority of locations are restaurants they are expanding into other retail locations such as clothing and auto parts.

The cashback from these add-on services is earned on top of what you already earn from your credit card. So if you use your Discover It credit card to earn 5% cashback at a restaurant, then get an additional 20% from Swagbucks and Pei you will earn a total of 25% cashback.

Step 3: Use Cash Back Shopping Portal

Earning cash back online is even easier because all you have to do is make purchases using a cashback shopping portal. You visit online shopping websites using a special link and then you will earn additional cashback on whatever you buy.

While many services offer this additional cashback when shopping online I recommend Swagbucks. Since they offer cashback both online and offline you can maximize your earnings.

Read More: The Ultimate Guide To Making Money With Swagbucks

Once you join Swagbucks all you need to do is install the Swagbutton addon which will automatically notify you whenever you're on a website that offers cashback.

Again, this cashback is in addition to whatever you already earn from your credit card and add-on services. So if you make a purchase on BestBuy.com you will earn 5% cashback from your Discover It card and 10% cashback from Swagbucks you can earn a total of 15% cashback.

Step 4: Scan Your Receipts

Finally, after you make a purchase you earn a little more money scanning your receipts. This article goes into detail about how receipt scanning works but I have summarized them below.

• Ibotta - The largest and most popular receipt scanning service. It will pay you for any receipt at most grocery stores but it will also give you additional cashback when you buy specific items. Sometimes it's something broad like any brand of sausage while other times it's a specific brand of sausage.
• Fetch Rewards - Very similar to Ibotta and also allows you to earn additional cashback on specific items. It usually has different items than Ibotta though so you will have a wider selection.
• Receipt Pal - Pays a flat rate for any receipt from any location. You will make less than other services but it only takes a minute to scan your receipt and make some money.
• Coin Out - Similar to Receipt Pal it will pay for any receipt but your cashback is based on how much you spend. The exact amount varies but you will earn at least $0.01 per receipt.

You can scan the same receipt with all 4 apps to maximize your earnings. They don't conflict with each other and work with all the other services listed above. Moreover, you can get cashback from digital receipts so your online purchases count too.

Putting It All Together

It will take some time for you to get used to all the services above but after some practice, you will learn how to maximize cashback earnings. Take it one step at a time and spend some time learning the ins and outs of each app. The most important thing is to get a credit card and enroll in the add-on services so that you don't miss out on any cashback opportunities while you're learning.

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