The IMRG (the e-commerce trade body) has predicted that European online sales will continue to boom with the internet driving sales past the €100bn mark. They predict that web sales will more than double in the next five years, reaching €263bn as the number of internet shoppers grows to 174 million. However, most of these consumers are unaware that they are entitled to a percentage of this €100 billion in the form of cash rebates or cashback.
Cashback shopping as a mechanism for children's savingsCashback shopping can be another useful tool to save for your children’s future. It is important to remember that you should only buy what you need. Buying things you don’t need for the sake of 5% cashback is counterproductive.
Be aware that some merchants offer high cashback on financial products. Under no circumstances should you apply for them just to get a cashback: you will ultimately lose money.
Cashback shopping is also a great way for grandparents and friends of the family to help increase the savings by directing their cashback savings into your children’s savings account.
How much can you save?"Save 30% on your online shopping - knowing your way around the internet and then using a cashback card can give you big savings" -
Sunday TimesThat's why MyEggNest is proud to team up with with
CTFCashback - an online rewards programme that pays you in cash, to save for your children's future.
Online Shopping can be a great way to purchase all your family's needs, especially if you have children or are expecting a little one. However, if you're looking for another reason to shop on the web, how does getting money back sound? With
CTFCashback, you get just that. Simply by shopping from a list of online retailers, the free cashback you receive from every purchase is added to your Child Trust Fund or other children’s savings account automatically. It costs the same as shopping directly with the retailers, so the only difference is the added benefit of earning cashback!
The list of retailers you can visit to receive this free cashback includes hundreds of the biggest stores in the UK, specialising in products from baby supplies to electronics – not to mention everyday necessities like groceries and healthcare. Buying these items through
CTFCashback means you make money on the things you’d be shopping for anyway. What’s more,
CTFCashback provides a quick and easy way of inviting others to save for your child through online purchases in the same way.
And it doesn't matter which bank you have your Child Trust Fund or savings account with - anyone in the UK with a personal Bank Account can register and start benefiting from
CTFCashback.
Here’s how to start making your shopping pay:• Go online to
www.ctfcashback.co.uk and register. You can start browsing right away in a directory of participating retailers.
• Click through to the store or brand you want.
• Make your purchase.
• You’ll automatically be credited with a percentage of what you’ve spent, with cashback rates varying according to the retailer.
• The credit goes straight into your
CTFCashback account.
• Once your balance has reached the minimum deposit level of £10, you can then look forward to an automatic transfer into the bank account you linked to your
CTFCashback account upon registration.
And that’s it - easy money.
Selected Retailers:
Join CTFCashback today and start saving for your children's future.Are there other ways I can add towards my children's savings?There are lots of different ways to save; just take a look at these
cashback options.
