RetailMeNot Cashback Feature: Huge Savings
I recently discovered an awesome shopping tool. I’m not sure if I’m late to the party or if I accidentally discovered a gold mine. Eitherway, I’m pretty excited about it. I’ve been using RetailMeNot.com for years to look up online promo codes and in-store coupons, but I recently became aware of it’s cashback feature. The cashback feature basically works the same way as a cashback portal but overall the payouts seem to be higher and are structured as a set dollar amount rather than a variable percentage of your order total.
What’s even more interesting about this site is that it makes it clear that the cashback offers stacks with other deals. Most shopping portals feature a disclaimer saying if you use this with another deal or promocode not found on that specific site, your cashback will be invalidated or something to that effect. RetailMeNot tells you to stack it.
How RetailMeNot’s Cashback Feature Works
RetailMeNot is different than traditional shopping portals in that it gives a fixed amount of cashback for a certain purchase amount. For example, the Sears offer through Retailmenot.com is:
- Get $10 cash back on $50+, $20 cash back on $100 or $30 cash back on $150+ for online purchases.
If you look at cashback monitor, you’ll see the highest payout percentage today is 8%. For Sears, the RetailMeNot offer is as high as 20% cashback.
Stacking For a Better Deal
In the RetailMeNot search box, input the retailer. This will take you to a sort of deals page for that retailer which includes current promotions, promo codes or coupons, cash back amounts as well as some helpful tips to save extra money. Here’s what the Sears page looks like.
If you click on a promotion, it will also automatically give you an opportunity to click the cashback link for the retailer. Normally, you risk your cashback if you use a promotion code that’s not listed in the specific portal.
Tracking Cashback
RetailMeNot has a great system that keeps you up to date about the status of your cash back. Generally, when you click on an offer you get an email that let’s you know you’ve activated the offer.
Once you’ve made a purchase, you’ll generally get another email letting you know your purchase has been confirmed and your cashback is pending. I made a purchase last night at 11:30 and received the email today before 10 AM.
Redeeming Cashback
Redeeming cashback couldn’t be easier. Once your cashback is payable, you simply go to your RetailMeNot wallet and click “My Rewards” where you’ll input your Paypal info. Your cashback is then deposited straight into your paypal account.
Conclusion
RetailMeNot is a great savings resource that many online shoppers already use for promotion codes and coupons. If you’re purchase amount is well over the cashback requirement, you may be better off with the more traditional percentage based portal payout scheme. You should definitely add it to your routine when deciding which shopping portal to use and make sure you do the math to see which cashback offer will give you the highest amount for your purchase.
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card is the old king of travel rewards cards. Right now
bonus_miles_full
Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
I also did the Sears cash back end of May & $20 cash back off $50 Lowes yesterday several times. I’m getting the email that I’ve activated the offer but no email confirming I purchased although I did. I sent retailmenot a message about the Sears transaction but their response was that I have to wait 20 days. I went directly from the retailmenot site to Sears, Lowes etc, so I have no idea why the transactions wouldn’t track. Any ideas??Wish I could see these transactions tracking because if for some reason they didn’t, I’ll be upset that I just didn’t stick with ebates.
I did the Lowe’s yesterday afternoon but got the confirmation of my purchase today.
Bethany….. happened to get a great promo via retailmenot, as a portal for $20 off $50 purchases at Lowe’s today…. (as in 50% off) ….. Had never tried retailmenot as a portal, yet your helpful post here gave me the confidence to try it. And it already worked and tracked, just as you outlined. Even better, got another 10% off using SPG business card …. thanks. (even all these months after your post)
Oooops — that’s 50% off total of course, the $20 RMN cash back + 5% or so from SPG/Amex.
[…] Miles to Memories had a post on a feature that RetailMeNot offers called ‘Cash Back offers’. For those […]
[…] Miles to Memories had a post on a feature that RetailMeNot offers called ‘Cash Back offers’. For those […]
Can you use the same offer more then once? Make 2 separate $150 orders from Sears to get $60 back?
Yes, I think the limit is 5 in a day and 10 in a month
Bethany,
In your example why did you not choose the $30 off a $150 purchase? Unless your net total was less than $150. I figured you would be over $150 before the taxes, but perhaps S&H came into play.
Nice post and good find!
Nice catch! I did actually. I just thought Sears was a good example because they had both the much higher payout and coupons to use The email was for a different deal I redeemed for Nike cashback.
Similar to couponcabin, I think these similar hidden cashbacks from couponcabin are even better than retailmenot.
Checking it out now… thanks!