Cashback Shopping

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 blissfully 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 savings

Cashback 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 Times

That's why MyEggNest is proud to team up with with Greasypalm, the first online rewards programme to pay 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 littleone.  However, if you're looking for another fabulous reason to do it, how does getting money back sound?  With GreasyPalm, you get just that.  With all the cash saved, you can deposit the cheque into your Child Trust Fund or other children's Saving accounts.

You can buy all sorts of things online from baby buggies to nappies.  Buying these items through Greasypalm and make money on the things you’d be shopping for anyway.

As one shopper explains, “I have been using GreasyPalm for just over a year, and have made £183 in cashback for items I would have bought anyway…. free money!”

Here’s how to start making your shopping pay:

• Go to www.greasypalm.co.uk and register. You’ll instantly be credited with £2.50 to help get you started then start shopping via the links on site
• 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
• The credit goes straight into your GreasyPalm account as cashback
• Then you can look forward to a monthly cashback cheque to pay into your Child Trust Fund or other children's saving accounts.

And that’s it. Easy money.

• Mothercare 2% cashback
• Funmum 5% cashback
• Safetots 3.5% cashback.
• Bump To 3 5% cashback
• Great Little Trading Company 2.5% cashback
• Just Childs Play 4% cashback
• Igloo Kids 5% cashback
• Kids Rooms 3% cashback
• Boots 1.75% cashback
• Kiddicare 1.75% cashback
• The Kids Window 4% Cashback (Clothes) - 2.5% Cashback (Others)
• Toysrus & Babiesrus 1.5% cashback

If you forget to log on to GreasyPalm before you shop, no worries, a nifty piece of software called Rebate Catcher can prompt you. As another canny shopper explains, “You can download Rebate Catcher and GreasyPalm does the work for you – without your realising it the cashback is added to your account! I have received cashback of £155 so far.”

Can I earn cashback from shopping on the High Street?

Yes you can! Simply register your debit and credit cards. Then, when you shop in store with Greasypalm's partners using a registered card you will earn cashback rewards.

Remember, always pay with a registered card to earn cashback.

Here are the four steps:

1. Register your credit and debit cards.  It’s safe and secure, see our security policy.
2. Shop with their participating retailers 
3. Pay with a registered credit or debit card 
4. Earn cashback automatically credited to your GreasyPalm account!

There are lots of different ways to save, take a look at these cashback options.

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