Curious to know if many people tap into cashback sites to save on their purchases, and if so, what do you then do with the cashback e.g. put straight into savings (Lifetime ISA maybe), spend it etc
I use top cashback and I spend some and save some thatās how much Iāve earned just over a year so far, I always use them for everything 
Woah nice! How long has it taken you to earn that much? Do you have a savings goal?
Nah I donāt bother with them. The purchases I make are normally using iOS apps which donāt work with cashback sites as they need to redirect you to the sellers website. Iāve tried using them in the past but the effort to reward ratio wasnāt worth it for me
Itās a great way or getting something back for what you was going to do anyway. But the smart way is to look around and not just assume you get the best deal.
For example my pet insurance last year was Ā£68 Cashback was Ā£62 so it cost me Ā£6 to insure my cat. I could have got insurance from Direct Line for Ā£53, but the way I see it, I paid a bit more, but got it substantially cheaper.
You have to be smart though, clear cookies and temporary internet files before shopping, but that extra 10 seconds means its likely to track so you will get the cashback.
So itās more of a user experience issue more than the value prop? If mobile worked well would you use cashback sites?
Iām just not a fan of having to shop around for something I want, to then have to look around on various cashback sites to see if there is a deal for it
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Iāve started to use a cashback site and also a cashback/rewards site provided by my employer. The employer site offers discount from supermarkets too, in the form of reloadable gift cards. Taken all together weāve saved or got cashback of Ā£242 so far this year. Most of itās in reloadable card discount (5% on Tesco and Sainsburyās) and on booking hotels for holidays. Iāve spent years ignoring this sort of stuff, now Iām totally gobsmacked at how much you can save. Iād only ever use them if I was going to buy from a particular place though. Iāll let any cashback accrue and bung it in my Monzo holiday pot.
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It is amazing how quickly it adds up.
My issue is Iām too lazy to do the extra few steps and thus I just forget to do it!
Iām still clinging onto the hope that Monzo manages to pull something together to make this totally frictionless using my Monzo card.
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Iāve made a few quid out of using Topcashback on insurance and broadband swaps. Itās nice when the cashback comes in. I just chuck it in my man cave account for a rainy day. I realise that for some, using cashback sites is just too troublesome or time consuming, but when I get 70 quid back just for clicking through the right link, then itās all worth it.
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Iāve just done this.
Being a cashback newbie there was a cracking deal on a Three sim only contract and on top of that there was Ā£70 cash back! 
Only downside is Iāve just found out that it takes 6 months to be paid 
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On the cashback deals Iāve had, Iāve generally been paid the cashback within 4 weeks, so you might be lucky and get your money sooner.
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I looked in quidco FAQs and it says that it takes this long as they like to make sure youāve paid a few months of your contact. This is so they know youāre legit and not going to cancel once youāve earned the cash back.
Like you said though just a month would suffice because I canāt cancel then without incurring fees.
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Ah, I see, Iāve never used Quidco, so havenāt had experience of their cashback policy.
I use Quidco. Earned about Ā£400 last year, I mainly use it for bigger stuff like contract renewals. I put it in a LISA to boost it all by 25%.
I also put in the money I get from bank account switches, credit card cashback, and the occasional matched betting I do. Just under Ā£1000 last year, with bonus Ā£1,250 
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Thanks for all of your comments @michaelw90 @anon99402360 @breville_monkey @anon47498122 @Ordog RE.
This is exactly why we started Homewards. We recognise that there is so much value out there that many people arenāt tapping into. It is after all āfree moneyā.
We really hope by focusing on one goal, buying a home, that we can get the family involved too, at little/no cost to them. Imagine if your parents/grandparents were switching to a better phone/utility/insurance provider and getting you Ā£70+ each time. Put that straight into a Lifetime ISA and it really starts to make a difference.
Curiously, of those tagged, how many of you have a Help to Buy/Lifetime ISA?
Thanks,
Ben
As mentioned I have a LISA, but only for this money. Wouldnāt make sense for me to have it for anything else, itās more efficient to save into my workplace pension.
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From my perspective, Help to Buy not applicable, almost mortgage free. No Lifetime ISA, indeed, no ISAās of any kind, not something that personally interests me at this stage of life. Pension, totally sorted and Iām still working, though quite why, I have absolutely no idea 
I have neither. Iām a homeowner.
Iāve noticed a few anomalies with both Quidco and TCB specifically when it comes to buying Insurance.
For example last year I got a Car Insurance quote via a cashback linkā¦ but when I did the exact same quotation in another browser using the insurers site directly the quote was about Ā£20 cheaper than the amount quoted with the cashback (eg Ā£70 saving vs Ā£50)
This isnāt the first time either. Im not sure how common of an occurence it is but its certainly stopped me from jumping straight in assuming I was getting a good dealā¦
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