November 21st 2024.
Have you been eagerly waiting for the upcoming Black Friday sales? Well, the 9News Money Editor, Effie Zahos, has some great tips for all the online shoppers out there. She has revealed how you can make the most out of your money during this sale season.
We all know that shopping online has become the new norm, especially during these uncertain times. And now, popular sites like ShopBack and Cashrewards are making it even more appealing by offering cash back to shoppers who use their links to make purchases on retailer websites. The best part? You don't have to do anything extra, just shop as you normally would.
But here's the catch, each site works with specific retailers. For example, if you're a ShopBack consumer, you can get a $20 sign-up bonus and a whopping 22 percent cash back when you shop at Myer's online store. And if you're planning to do your grocery shopping at Woolworths, you can enjoy a 30 percent discount. That's not all, Cashrewards is also offering an extra eight percent cash back on sale items, and new customers can receive an additional $10 just for signing up. Plus, they also have some great cashback deals at Petbarn and Target.
You might be wondering, how do these sites make money by giving us cash back? Well, some sites like Grow My Money even offer direct cash back into your home loans. It sounds like a great deal, but experts warn that you might be trading in your personal data in exchange for these discounts. So, always be cautious and read the fine print before making any decisions.
If you want to know more about these deals and how to make the most of them, check out the video in the media player above. However, it's important to keep in mind that the information provided on these sites is general in nature and does not constitute personal financial advice. It's always a good idea to consider your personal objectives, financial situation, and needs before acting on any information. So, happy shopping and stay safe!
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