Cashback is one of the most popular and effective ways to save money while shopping. With the growing popularity of online shopping, cashback offers have become more prevalent than ever before. Credit cards and shopping apps are two of the most common ways to earn cashback. In this article, we will discuss five ways to earn more cashback with credit cards and shopping apps in 2023.
1. Choose the Right Credit Card
One of the most important things to consider when it comes to earning cashback with credit cards is to choose the right card. Not all credit cards offer the same amount of cashback. Some credit cards offer a high percentage of cashback on specific categories like dining, groceries, or travel, while others offer a flat rate of cashback on all purchases.
If you want to earn more cashback, it’s essential to choose a credit card that offers a high percentage of cashback on your most frequent purchases. For example, if you dine out frequently, you should choose a credit card that offers a high percentage of cashback on restaurant purchases.
2. Use Multiple Credit Cards
Using multiple credit cards is an effective way to earn more cashback. Instead of using just one credit card for all your purchases, consider using multiple credit cards for different types of purchases. For example, you could use one credit card for dining purchases, another for groceries, and a third for travel expenses.
Using multiple credit cards allows you to take advantage of the unique cashback offers each card provides. However, it’s important to keep track of your spending and ensure you’re not overspending on any one card.
3. Sign Up for Loyalty Programs
Loyalty programs are another effective way to earn cashback on purchases. Many retailers offer loyalty programs that provide cashback on purchases. These programs typically require you to sign up and provide your email address or phone number.
Once you’ve signed up for a loyalty program, you can take advantage of the cashback offers by shopping at the retailer and using your loyalty card or account to make purchases. Some loyalty programs even offer bonus cashback during specific periods or on certain products.
4. Use Shopping Apps
Shopping apps are another excellent way to earn cashback on purchases. There are several shopping apps that offer cashback on purchases, including Rakuten, Honey, and Ibotta. These apps work by offering cashback or discounts when you make purchases through the app.
To use shopping apps effectively, you’ll need to download the app and create an account. Once you’ve done this, you can use the app to shop at participating retailers and earn cashback on your purchases.
5. Shop During Cashback Promotions
Finally, shopping during cashback promotions is an excellent way to earn more cashback. Retailers often run cashback promotions during holidays and special events. These promotions typically offer increased cashback rates or bonus cashback for certain types of purchases.
To take advantage of cashback promotions, you’ll need to keep an eye out for announcements from your favorite retailers. You can also sign up for email alerts or follow your favorite retailers on social media to stay up-to-date on the latest promotions.
Earning cashback with credit cards and shopping apps is a great way to save money while shopping. By choosing the right credit card, using multiple credit cards, signing up for loyalty programs, using shopping apps, and shopping during cashback promotions, you can earn more cashback and make the most of your purchases. With these tips in mind, you can start earning more cashback in 2023 and beyond.