One of the biggest is Quidco.com. Members have saved £70 million in the five years since it was set up, and it’s easy to use: simply check if the shop you want to buy from is one of its listed retailers.
House of Fraser, for example, offers five per cent cashback, M&S pays three per cent and Laura Ashley gives members six per cent back. Quidco pays the money directly into members’ bank accounts or via Paypal.
Other useful sites include topcashback.co.uk and greasypalm.co.uk. It’s a good idea to sign up with a few, as each site covers different shops. It deducts £5 from earnings every year, but if you do not earn cashback, you do not pay.
How to earn cashback while shopping on the high street
A fledging trend amongst cashback websites is offering shoppers money back when they buy from high street stores. Quidco.com, Greasypalm.co.uk and MutualPoints.com are some of the sites that already do so.
You register your credit or debit card online (Visa, Mastercard, Maestro and Solo are amongst the cards currently accepted), and when you use it to pay for something in a shop, the purchase triggers cashback into your bank account.
Retailers who have signed up so far include Halfords, Feather and Black, Superdrug, Austin Reed and Sports Direct.