Pros and Cons of Cashback Websites
Disadvantages
The cashback deals are not always the best deals available. Sometimes coupons or exclusive deals can offer savings better than the cashback rewards.
Some cashback sites take an annual fee from your earnings. If you’re spreading your use between several sites, you may be hit with multiple fees.
Visiting multiple product sites or cashback sites can confuse the “cookie trail”, and the cashback site may not be able to track when you make a purchase. To avoid this you must clear your cookies before making any purchases from which you intend to claim cashback.
There are fake cashback sites and scams taking advantage of money-smart shoppers. Watch out for expired deals or unsecured websites.
Cashback sites can take a long time to pay out; often up to six months for large retailers.
The business model of cashback sites involves dealing with vast numbers of users and small amounts of money, so customer service on cashback sites is often minimal.
Not all requests for cashback are approved, and there is no system to appeal a rejection. As much as 1 in 20 claims are not successfully paid out.
