Cash Back Monitor: How to Use It to Maximize Rewards
Updated: May 11, 2021
As a responsible consumer, you’ll want to get what you need and want without having to spend more than is necessary. Whether you do a lot of online spending or you occasionally make purchases online, there’s a method to save on what you buy – whether you buy clothes, groceries, or anything else. This method involves shopping portals that give you ways to earn when you spend. So when you buy things from these shopping portals, you can get cash back, miles, or points in return. What you need to know is what portal offers you the best deal – and the answer to this is the Cash Back Monitor.
As you read on, you’ll see how you can use this platform to earn every time you make purchases.
How Are Shopping Portals Supposed to Work?
- Shopping portals get affiliate revenue for sales made courtesy of their platforms.
- They give a portion of the revenues to you in the form of points or cash.
- They run promotions on a regular basis.
Cashback Monitor: What Is It?
Shopping portals are wonderful. However, it’s difficult to keep on top of which one has the most advantageous bonuses for the retail outlets you want to buy from. That’s where Cash Back Monitor proves its worth.
Cashback Monitor keeps tabs on earnings rates across dozens of virtual shopping portals. What this does is simplify the process of knowing which portal will afford you the most cash back, points, or miles.
Cashback Monitor is the type of website that will save you money and get your points with minimum effort. You won’t have to track down the online portals offering you the most for your money. This service will allow you to make your money stretch much further than it otherwise would.
Cashback Monitor: How Does It Work?
Cashback Monitor is user-friendly, operates like a search engine, and is free to use. You can use it to look for retailers and brands either by looking through categories or by keying in your search query.
Once you enter information into the search box and hit enter, you will see results presented in four columns. Under “The Most Viewed Stores” heading you’ll see one column listing stores and another column listing the best rates. Under the “Stores Sorted by Rewards” heading, you’ll see one column listing stores sorted by rewards and another column listing the best rates. This information will show you all the most popular deals out there.
Once you select a specific retailer, the results will be presented so that you can see various rewards types. This will make it easier to compare based on parameters like travel miles, cash back, credit card points, and more.
The cashback filter shows portals that allow you to gain cash rewards. It’s also important to note that the majority of these portals are not connected to any credit card rewards program. Examples of these portals include, but are not limited to, Mr. Rebates, Top Cashback, and RebatesMe.
Rather than being associated with credit card rewards programs, these portals link up with various sellers to offer bonus cashback. You can start your shopping session via the portal, rather than heading to the store’s online storefront, to gain the bonus cash for your transaction.
Are you into travel miles and points? If you answered “yes,” you’ll be glad to know that Cash Back Monitor will reveal to you the most opportunistic ways to earn travel miles courtesy of loyalty programs offered by hotels and airlines.
When you launch a transaction through the hotel or airline shopping portal, your points will automatically be directed to your loyalty account. As well, you can earn further bonus points courtesy of the credit card employed to buy the product or service.
Credit Card Points
A lot of loyalty programs affiliated with credit cards offer their own shopping mall intended for non-travel purchases. You’ll find his comparison filter to be helpful if you have a credit card enabling you to earn Chase Ultimate Rewards. What Cash Back Monitor will do is show you the amount of Ultimate Rewards point you can gain using Chase Sapphire, Chase Freedom, or Chase link.
Other Rewards Points
With Cash Back Monitor, you can also see the amount you can earn when buying through get-paid-to sites such as MyPoints or Swagbucks. These sites allocate points for online buying. It’s also possible to qualify for points by taking part in online surveys or by viewing videos.
As soon as you’ve discovered a deal you’re interested in, you will want to select it to get to the portal offering the points or the cash back. You will then be able to go to the seller’s online storefront to wrap up your online transaction. In order to get the rewards for online buying, you’ll need to be logged into the relevant account while shopping.
How to Take More Advantage of Cash Back Monitor
Cashback Monitor provides many options for shoppers to make the most of their rewards. You will want to take advantage of the other features that help frequent shoppers make the most of the tool.
Look at Best Rate History
When you wish to review the history of the offers for a retailer, click on “View Best Rate History” which is located under the retailer name.
You will see 4 best rate history graphs. They are, namely, cash back, credit card points, travel miles/points, and other rewards points. These graphs will display the bonuses that were available to you over the past 15 months.
You’ll find this to be particularly useful in the event that you’re keeping tabs on a certain purchase but wish to know beforehand if a specific store has previously offered low rates. Finding out the rate history can assist you in figuring out if you should pursue a purchase or wait for a lower price.
Finding the Best Deals
Cash Back Monitor will help you find out what the most advantageous cash back or bonus points offers happen to be.
What follows is a list showing the most advantageous offers at that time. You can personalize this list by choosing “Customize Your Own Sort” to uncover the best deals from select retailers.
You can filter the list via the options at the top. Select the portal you wish to look at and the reward type. Click on “Sort” to finalize your selected adjustments.
Points and Travel Miles: How to Assign Cash Value
You can also assign a cash value to points or travel miles. If miles or points associated with a regards program are of higher value to you, you can use Cash Back Monitor to notate this.
In order to start doing this, you’ll need to set up an account and then go to the upper right section of the screen to click on your profile.
- You’ll then want to click on “Assign Value to Miles.” This will enable you to view and to adjust all of the values.
- You’ll need to input what you believe the worth is in cents. So if you, for instance, place a valuation on Southwest Rapid Rewards points at a price of 1.5 cents per point, you’ll need to enter 1.5 in the box adjacent to Southwest. Then you’ll need to go to the bottom of the page to click on “Save.”
- As soon as you’ve tweaked the valuation, you’ll see in search results.
Cash Back Monitor Bookmarket
Cash Back Monitor’s Bookmarklet function will enable you to get to Cash Back Monitor from the store you are visiting in a jiffy so that earning extra travel rewards points and cash back is even simpler.
- In order to take advantage of the Bookmarklet function, click on “Bookmarklet” located on the home page.
- You’ll have access to a link that you’ll be able to add to your browser’s bookmark via a drag-and-drop method.
- So whenever you’re shopping, you’ll be able to select “Cash Back Monitor Bookmarklet” in order to be directed to that retailer’s Cash Back Monitor page.
When using the My Monitor function as a frequent user, you’ll be able to personalize and keep tabs on your favorite retailers and shopping portals. So you’ll be aware of daily deals.
- You’ll need to log in to access the My Monitor section of the website.
- You’ll next need to configure “My Monitor” to meet your needs. Access your profile and then choose “Configure My Monitor.”
- The next thing you’ll need to do is choose up to 8 of your favorite shopping portals and then choose as many as 20 stores to keep tabs on.
- Click on “Save Configuration” when you’re finished.
Setting Up Alerts
Establishing alerts can help you make the most of the solution.
- Switch on alerts by accessing your profile to choose “Manage My Alerts.”
- The next thing you’ll want to do is select the retailers and the programs you’d like to keep tabs on. You’ll get notifications anytime rates reach whatever tallies you preset. So you’ll never miss out on great deals.
Stacking Cashback Monitor Deals with Credit Card Rewards
A key benefit of a resource like Cashback Monitor is that it can assist you to legally “double-dip” your rewards earnings with minimal effort on your part. You can accomplish this by funding transactions courtesy of a rewards credit card. What this does is give you cash back, points, or miles from your card. This is in addition to what you get from the portal.
Shopping Portals Listed on Cashback Monitor
Cashback Monitor features dozens of e-commerce portals – more than 45 of them, to be more precise. These portals offer credit card rewards, cash back, hotel points, hotel miles, airline points, airline miles, and more. Check out this list of some of the most popular portals:
- American AAdvantage eShopping
- Amtrak Guest Rewards
- Delta Air Lines SkyMiles Shopping
- TrueBlue Shopping jetBlue
- Southwest Airlines Rapid Rewards Shopping
- United Airlines MileagePlus Shopping
- Wyndham Rewards Shopping
Credit Card Points
Is It a Good Idea to Use Cash Back Monitor for Online Purchases?
If your goal is to gain more cash back or points and save some money, trying Cashback Monitor should be on the top of your to-do list prior to purchasing anything on the internet. Using shopping portals is a good way to add miles and points to your rewards tally. The reason is that all you need to do is begin your purchase on the portal as opposed to on the retailer’s online storefront.
Other Methods to Get Cash Back
In addition to leveraging the shopping portal and making the most of your rewards courtesy of Cash Back Monitor, you might also want to check out some other options to get cash back:
- Stores that give debit card cash back
- Gas stations that give cash back
- Cash back sites and apps
- Apple Pay cash back.