Have you been searching the net for honest reviews of Ebates and wondering just what this company is all about?
Perhaps you’re on the fence about joining and need just a little more information about how this system works before you decide to join and become a member?
I have actually been wondering how this company works as well as I have seen their advertisement on TV several times and it intrigued me a quite a bit and is part of the reason why I decided to review this system for you guys today.
I also happened to get a request from one of my loyal and good buddies Keith Hinton which I’ve had the pleasure to meet him virtually through sending emails back and forth.
He actually requested that I do an in depth review of this system to show you guys the ins and outs of this system and how everything works.
Can you really get a cash bonus of $10 for signing up and completing your first cashback transaction?
I tend to answer all these questions and so many more within the following review so I encourage you guys to stick around and read this review until the very end so that you don’t miss any of this important information that I’m about to share with you today.
If you’re the type of person who is always looking for a coupon or discount before you buy things then this review was written especially for you and I’ll be going over this in full detail.
Are you guys ready?
Let’s Get Started, OK?
Company Website: ebates.com
Type Of Site: Cashback
Price To Get Started: Free
Overall Rank: 4/ 5 Stars
What Is Ebates?
Ebates is a cashback site where you can put some of that hard earned money back in your pocket for doing something that you already do anyway.
What is that you may ask?
How many of you reading this review right now love to shop online?
What if I told you that you could earn up to 40% or more in cash back from shopping at fine retailers like Best Buy, Amazon, Macy’s and Target?
Would you be interested in learning more about it?
In the following review, I’ll be presenting you with a step by step guide on how to earn the most money with this system and giving you guys my honest opinion as to whether this is worth your time and energy or not.
How It Works
By simply going through this site before you shop at your favorite retailer you can earn cash back on each purchase.
How much you earn will vary from one merchant to the next and I’ll be going into more detail on how much potential is available here in a few minutes.
It’s free to sign up and within minutes you can start earning cash back in just 3 easy steps which I’ll list for you guys below.
Visit ebates.com prior to doing any of your shopping or install their chrome browser extension for a much more seamless experience.
Locate the merchant you wish to shop at and click on them to be taken to their site.
Shop as you normally would and earn cash back on everything you buy.
Depending on the merchant, this could take up to 2 weeks to show up in your account but in my experience, most of my transactions showed up almost immediately.
Who Is This Opportunity For?
This is geared more towards people who spend a good amount of money shopping online.
If you’re the type of person who loves to shop online and would love to get a chance to put some of that money back in your pocket then this program could possibly benefit from this program.
If you don’t do much shopping online then you may want to sit this one out as it won’t really benefit you much unless you spend a lot of money shopping online.
If you have come to this review expecting to earn enough money here to quit your job then I’m afraid you’re going to be highly disappointed with what this program has to offer you.
The idea here is to help save you money on products and services you already use.
This shouldn’t be confused with a way to make money online as it’s not.
If you’re the type of person who clips coupons and is always looking for ways to save money and cut costs then this program would be ideal for you.
Here’s What I Liked About It
- Free To Join
- $10 for signing up
- Nearly 2,000 stores that you can earn cash back from with this number constantly on the rise
- Refer your friends and earn $25
Here’s What I Didn’t Like About It
- Can take up to 7 days or longer for some purchases to clear and be credited to your account
- 60 day grace period before your funds are released
Affiliate Marketing At its Finest
About now you guys may be wondering how they can afford to give you free cash by simply going through their website before you shop?
What’s in it for them?
If you are familiar with the affiliate marketing business model then you have likely already figured out that ebates is an affiliate for over 2,000 stores.
When you make a purchase at any of these 2,000 stores that they’re affiliated with you have just made them a commission.
Unlike other programs of this nature, ebates shares this commission with you in the form of cash back.
This is a win-win situation for everyone and if you spend at least a couple hundred bucks online monthly then you should definitely get on board with ebates and put some of your hard earned money back in your pocket.
Pretty sweet if you ask me wouldn’t you guys agree?
How Much Cash Back Is Possible?
This really depends on how much money you are spending each month on regular purchases.
I wouldn’t recommend spending money just for the cashback feature as this would be defeating the purpose of this entire program.
If you were going to buy these things anyway but need a little motivation then now would be the perfect time to do so.
Depending on the merchant and the amount of your purchase you could earn anywhere from $20 and up to $300- $400 bucks for each transaction.
The more you spend the more you can qualify to get back!!
So if you already spend several thousands of dollars online, then there is a really good chance that you could get several hundred of this back.
It’s kinda like their way of thanking you for coming to their website instead of going directly to the merchant site.
3 Ways To Maximize Your Earnings
- Install their browser extension- By doing this you’ll eliminate having to go through their site first and this extension will be able to automatically detect when you’re on one of their affiliated sites.
- Double Cash Back Stores- Be on the lookout for double cash back stores where you can usually get a certain percentage off of your purchase as well as earn cash back.
- In-Store Cash Back- This feature is still kinda new and something that many people have requested over the past few years.
By simply linking your credit card to your ebates account and selecting a few stores to link to as well will allow you to receive cash back from offline stores as well.
There are also many money saving coupons on their site as well where you can save even more money from many of the top merchants in the online world.
Their Referral Program
If you’re looking to maximize your earnings then 1 of the best ways to do this would be by participating in their referral program.
You can earn up to $25 for each person who joins and makes their first purchase of $25 or more. If you happen to be good at recruiting people then you could really clean up here and earn lots of money with their referral program.
What’s The Catch?
I know that this thought may have crossed your mind about now and like anything there are a few stipulations that come with this.
In order to qualify to receive this money your referral will need to spend at least $25 or more and need to have signed up between Jan 1st and March 31st, 2017.
They also would need to earn cash back from this purchase within 1 year of them signing up.
This can really start to add up for you if you can get people to do more than just sign up and forget about it.
Take a look at the chart below to get a better idea of how much you could potentially earn with their affiliate program.
These figures may look good on paper but when you sit down and try to grasp the reality of this, it’s going to take a whole lot more work to achieve any level of success by simply recruiting other people.
If someone were to sign up using your link and they met the requirements you would receive a $5 base bonus along with the chance to earn a one time tier bonus.
As you can see in the chart above, this number escalates pretty quickly and if you’re good at recruiting people this could pay off for you.
How & When Will You Get Paid?
Once you have met and exceeded their $5 payment threshold you’ll be able to request a payment. They pay out at 4 times throughout the year and I’ll list these dates for you guys below.
- Feb 15th
- May 15th
- August 15th
- November 15th
You’ll have the option of either having your earnings deposited directly into your Paypal account or getting a check in the mail.
This choice is up to you, but personally, I prefer Paypal because I can access my money within minutes of it being sent. I don’t need to worry about a check possibly getting lost in the mail or wait for the slow ass post office to deliver it to me.
However, if you don’t have access to a Paypal account then, having a check sent in the mail would be your next best option.
Is Ebates Worth Your Time?
At the end of the day, this really all boils down to how much money you currently spend online or in retail stores.
If you’re the type of person who doesn’t really shop all that much then like I said earlier, I don’t think this would be worth your time.
However, if you do happen to spend a great deal of money online already, then why not put some of that money back in your pocket?
This can be a great way to rack up a ton of savings and get some huge discounts when shopping at some of your favorite retailers.
However, if shopping online doesn’t happen to be your thing and you would rather learn how to earn money from a hobby or passion of yours then listen up.
This happens to be how I earn 100% of my money and this is called affiliate marketing. If you would like to learn more about this, I suggest a program called Wealthy Affiliate.
This is where I got my start in the online world and if you have ever had any interest in making money online I would highly recommend you check them out.
It’s free to get started and you’ll be provided with everything you need to get started with their free starter membership.
That’s it from me for today guys!!
I really hope this review has given you guys an inside look at the potential that’s available with this program and whether you could benefit from this program or not.
What’re you guys experience with this program? How much cash back were you able to get back on your online purchases?
I would love to hear all about this in the comments section below!!