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Wednesday, April 04, 2007

Quidco

Have you heard of sites like Quidco which offer cashback on internet shopping?

The theory is that if you become a member of Quidco and they have an affiliation with a site you want to purchase from, you click through Quidco and then the referral fee is returned to you. Depending on the site you are ordering from you might expect something like 1-3% cashback.

In return, if your cashback balance is high enough you will be charged a five pounds fee for the year. When you get paid the remaining balance depends on your settings but the money can be transferred to your bank account or PayPal account.

I first used Quidco a couple of months back when I was ordering lots of computer components. I have finally received a mail detailing my first payment. After the yearly deduction I will only get about five pounds sent to my PayPal account.

Unless you do a very large amount of shopping on the Web I'm not sure how worthwhile Quidco is, but it's worth a try if you are counting all the pennies!

Comments

Yeah if you're unable to get more than a certain level of cashback a year then Quidco isn't as good as some other cashback sites. Great for big spenders though.

I'm sure some are better than others but are any of them worth the effort for such minimal gains? Well, it's still a discount, even if you have to wait a while, I suppose.

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