What is Quidco?
Cashback sounds great, doesn’t it? Getting money back on all your favourite purchases sounds too good to be true. Quidco lets you do just that – an efficient way for you to earn cashback on all your beloved brands.
So, just what is Quidco and how does it work?
Quidco can help you earn cashback on your regular purchases – so essentially, you’re making money while shopping. Love the sound of that?
Read on to find out how it all works and how you can get involved.
How does Quidco work?
It’s really easy to use Quidco to earn cashback. Simply sign up online and you’re ready to get started.
Once you’ve made your account and logged in, find the retailer you want to shop from on the Quidco site.
You’ll be able to see cashback rates on your purchases, which should give you an idea of how much you could get back if you make that purchase.
Follow the link to your chosen product via the Quidco website, make your purchase and voila! You’ve got some cash back on the way as well as your shiny, new purchase.
It all works with the help of digital cookies (not the chocolate chip kind). When you make your purchase, Quidco will save a small piece of data, known as a cookie, onto your browser. This will inform the retailer that the referral has come from Quidco. This allows Quidco to earn a commission from the retailer, some of which then gets passed on to you as cashback.
Cookies are an essential part of the process, so be sure your browser settings allow them. Without them, you might not be able to earn any cashback.
You can clear your cookies at any time and only use them when you shop.
What is Quidco’s cashback?
Cashback varies for each retailer and will likely be a percentage of the total sale. It could to be anything from 1% to 10%, but some retailers do offer higher cashback offers such as 20%. Cashback is great if you’re already planning on buying something. Imagine booking a hotel for £300 and getting 10% back, that’s £30 to save or use for something else.
What can I buy?
There is so much on offer from Quidco. From high-street favourites such as Argos, Boots and New Look to online stores such as ASOS, Amazon and Just Eat. If you’re wanting to buy something, doing a little Christmas shopping for example, simply login to your Quidco account to check if your favourite stores are on there. You have nothing to lose, only a bit of extra cash to gain.
How to sign up
Visit quidco.com to sign up for free. All you’ll need to create an account is an email address. You will have the option for a free basic account. When you sign up, you’re automatically registered for the premium account, which will see Quidco retain £1 of your cashback monthly while you actively use the account. You can change it to the basic account immediately by visiting the settings page and selecting account type.
Benefits of the premium account include:
- Up to 10% top-up on cashback rates
- Double the difference highest cashback guarantee
- Up to 20% payout bonuses
- No advertisements.
Is Quidco too good to be true?
We all know the saying “if it’s too good to be true, it probably is”, but when it comes to Quidco that scepticism isn’t needed. The money really does go into your account, and you are free to withdraw it when you’re ready.
Does Quidco make money?
Yes, Quidco earns money on your purchases. We’re paid a commission by the retailer. Quidco makes money by commissions and on-site advertisements. Every time someone clicks on a link and makes a purchase, Quidco is rewarded.
Cashback dos and don’ts
- Do use it when shopping in general, not just for birthdays, Christmas and special occasions. Looking for a new hairdryer? Hop onto Quidco first to see if a store here sells it first.
- Do consider clearing your cookies. You will want Quidco to be acknowledged as the ‘last referrer’ and so Quidco’s cookie will need to be the last cookie placed on your device. So if you go to Quidco, click a link and then head to a new website that has cookies, your Quidco cookie will get moved. If you then go back to make the purchase through Quidco, your cookie may not be traced and you could lose the cashback.
- Don’t leave cashback in your account. When payment has been confirmed it is then ready to be withdrawn either to your bank or PayPal – or selected gift card. As soon as it’s ready to be withdrawn, take it. If the business changes its withdrawal policy (such as adding a minimum cashback before withdrawing) – you may lose your funds.
- Don’t spend just because. Cashback isn't free money like winning the lottery. You need to spend money before getting some back. So if you spend £50 to get £5 cashback, you still spent £45. Only use it when you actually need to buy something to get the full benefits from it.
So now when you’re explaining cashback to your friends and family and they ask: 'what's Quidco?' you have all of the answers.