Cash back typically refers to checks or deposits into an account; however, certain credit card rewards programs offer their members actual money in the form of rebates that can be redeemed for various uses such as paying off balances or redeeming them for gift cards. Rebates may provide some savings opportunities but may not always provide the most lucrative returns in terms of free money.
An effective way to earn cash back quickly and easily is with a credit card offering an impressive rewards program, such as Wells Fargo Active Cash card with its no annual-fee structure offering unlimited 2% cash back on purchases – with additional bonuses like $200 cash back after spending $500 in three months of card opening!
On the market are numerous cash back apps such as Ibotta and Rakuten (formerly Ebates). These mobile apps and browser extensions automatically search more than 30,000 online stores for coupon codes before you make purchases, offering savings across groceries, travel and even car purchases.
ReceiptHog or CoinOut are great ways to gain cash back, as they let you collect “coins” by uploading receipts – these coins can later be redeemed for gift cards; an average receipt earns 5-15 coins and 180 receipts should earn you enough coins for one $10 card!