How Often Does Ebates Pay?
People are very sceptical about making money online and it makes sense, especially if they don’t need to invest anything. If you haven’t heard about Ebates, it is a cash back online shop. They have many affiliate stores, and they give you cash back and discounts if you buy there.
Ebates changed its name recently, and it is now called Rakuten. However, everything besides the name remained the same. Many people are still confused about Ebates, and they think it’s a scam. Reading this article will show you exactly how Ebates pays its users.
What’s the Deal with Ebates?
Ebates works on a simple principle, you buy stuff online and you get cash back for every purchase. The rebate is paid to you directly by Ebates. The amount of cash you get back varies from store to store, and product to product.
What’s in it for them? Well, Ebates helps big stores get more customers, and they get a commission on every purchase through made through their site. They give incentive to their users by sharing that commission with them. Who wouldn’t want some money back from each online purchase?
Usually, Ebates credits the cash back rewards after only 48 hours. Unfortunately, some stores take as much as thirty days to refund cash backs. For example, travel agencies and car rental sites usually take longer to confirm your cash backs than other stores.
Travel agencies usually give the cash back after your trip is over.
How Often Does Ebates Pay You?
Let’s talk about the main motivation for using Ebates first, the cash backs. Ebates has a cycle of payments for every quarter of the year. You get your total cash back amount from the previous quarter. The four-time periods for purchases are the following:
- The first quarter – From January 1st to May 31st
- The second quarter – From April 1st to June 30th
- The third quarter – From July 1st to September 30th
- The final quarter – From October 1st to December 31st
If you made purchases during one of these periods, you should get your cash back in the following quarter. The minimum amount for cash back withdrawal is $5. You can choose to receive the money via mail or PayPal. The only time you won’t have to wait three months to pass is with your first payment.
Ebates gives a taste of what’s to come to their new users as a treat.
What Are the Payment Cycles?
The most anticipated times of the year for Ebates users are the payment dates. There are four of them, one every three months. Each payment only gives you the amount made from purchases in the previous quarter.
Refer to the previous section for an accurate list. The payment dates are the same every year: May 15th, August 15th, November 15th, and February 15th.
If you haven’t received payment and had a balance over $5, check the information you submitted. Maybe you gave out the wrong address, or you moved and forgot to change it. Write to Ebates support if you think the mistake is on their part.
How Do You Earn with Ebates
There are some rules for earning cash backs on Ebates. You need to click on the Shop Now link on the official Ebates website. You need to make the purchase during your shopping session, which lasts for up to a day.
Make your purchase in one go, without visiting other sites or using their coupons. Only use Ebates coupons for your purchases to qualify for the cashback amount listed on the site. You will see the cashback percentage next to each store’s name.
For example, if Ebates gives 10% cash back for shopping at Dell, you get $100 cash back for purchasing a $1,000 laptop. Percentage you get varies from 2% to as much as 30%. The best way to earn well is to order from sites that offer hefty percentages, %10 and above.
Ebates also has weekly double cashback events. The stores with double cashback are changing all the time, so you should keep your eye out for great deals. Sometimes, there are also daily double cash backs, which only last 24 hours.
The best way to keep track of these double cash back events is to follow the Ebates official Twitter account.
Final Advice
If you like shopping, Ebates is going to make shopping even more interesting. Technically, it is not free money, as you are just getting some of the spent money back. Here are some farewell tips. You should disable ad-block extensions in your browser while using Ebates.
You can also link your credit card with Ebates and get cash backs even for in-person purchases (not only purchases made online). Always look for coupons on Ebates before you buy. There are often great deals that can save you even more money.
Finally, there is an Ebates extension for browsers you can download for free. This will make shopping a tiny bit easier, as you won’t have to use the Ebates site anymore.
Do you use Ebates? Are you satisfied with how much you’re saving? If you’re still not using the site, would you be willing to give it a go? Tell us in the comments below.