Splender Delivers on Cash Back & iConsumer Update
Disclosure: Sign-up links in this post are personal referral links.
Late last year Cartera (the company behind most of the mileage portals), launched a new cashback portal called Splender. I was one of the first major blogs to test and review this portal and my experiences were generally good. Since they wanted to gain market share, for much of the holiday season Splender had the best rates at a number of retailers.
Today they still have the highest rates at some merchants. For example they are paying 2% at eBay which is the best (other than iConsumer’s limited 4%) and they consistently pay the best rates at Newegg and some other stores. In other words, while my use of the portal has died down, it is still one of my go tos.
Much like Ebates, Splender doesn’t pay you cashback as soon as it becomes payable, but instead sends a check on a certain date. The first payment date for Splender was January 28, 2016 and on that day I received an email saying my check was in the mail. (You can also choose to receive funds via PayPal if that works better for you.
All Is Good
Yesterday the check finally came in the mail and all of the cashback earned over the holidays was accounted for. In other words, Splender not only had great rates, but they delivered on their promise. Since I know a lot of you were exposed to the portal from this blog, I thought a good follow up was in order. With so many portal choices out there, it is important to know that a company is reliable. Splender seems to be.
If you haven’t yet joined Splender, you will get $5 after signing up and spending $50 through the portal.
Another newish portal we have seen come onto the scene is iConsumer. They made a splash by offering 8% and then 16% cashback at eBay with a limit of $20 per month. The cashback amount is now down to 4%, but it is still double the next best option.
I have been using iConsumer for about a month now and have found that the purchases I have made (primarily through eBay) have all tracked and are shown as pending in my account. So far it looks like their tracking system is working and like they will deliver. I still have not been paid of course, but I am hopeful since everything seems to be on track with them.
For now, I am using iConsumer until I hit my limit of $20 earned in a month on eBay and then am using the next best option after that. (Currently that is Splender at 2%.) If another portal that I have more experience with has the same payout or is close to iConsumer, then I will choose the other portal. I am still being cautious, but am feeling more optimistic.
If you sign-up for iConsumer they give you 100 shares of their stock, which at this point is worthless and probably won’t ever be worth anything. You also earn stock for every cashback transaction, but I would simply use this portal for the cash and forget about the stock. If some value eventually materializes then fine, but I definitely wouldn’t count on it.
My strategy of maximizing everything heavily relies on using shopping portals. While I now track all of my purchases in a spreadsheet, I really want to know the portals I choose to use are reliable so I don’t need to constantly follow up. (Hear that Discover!) After four months of solid use I can say Splender has never failed me and it is now one of my recommended portals. iConsumer isn’t quite there yet, but I am hopeful. Only time will tell.