Your Cashback guide to always come out on top!

What is Cashback?

But after all, what is Cashback? If you've reached this point in the reading, you must be very curious to know the answer to this question, right?

In advance, the term Cashback is an English word that means money back. The origin of the “reward model” was in the United States and later spread throughout the world.

The system was created in mid-1998 by the American company Ebates. In Brazil, it took a long time to be implemented, only starting in 2007.

Cashback, what is it and how does it work?

In view of this, whenever the consumer makes a purchase, a percentage of the amount spent goes back into their pocket. The return on the money varies from 0.5% to 100%, it all depends on the offering company.

Still in the same line of reasoning, according to data from Sebrae, in Brazil there are approximately 6.4 million establishments registered in the programs.

Do you know what this means? More opportunities to spend less and even have some extra money at the end of the month.

For example, if today a consumer purchases a product for R$800.00 and the participating store offers 5% Cashback, R$40.00 goes back into their pocket.

However, to have access you need to sign up for a program that has partnerships with other companies, as is the case with Méliuz. In fact, Each store has a specific return period.. And it can be in cash in the account or credit to be reused in the purchase of another product.

If you intend to use Cashback to make your money grow, the ideal option is to opt for systems that return the money to your account so you can use it however you want.

How to always earn Cashback on all purchases?

In a video published on the channel Econoweek by the economist Yolanda Fordelone, The ideal is to sign up to more than one site, or even all of them.

Well, according to the expert, there are 3 important reasons for this:

The price of products is different in each store;
The Cashback balance for the same store changes from one website to another;
Some stores offer discount coupons along with Cashback.

Therefore, analyze what will be the biggest discount during the purchase made. After all, this is a fundamental action to make a good deal.

Platforms that are booming!

Take advantage and register now on these platforms!

After you understand exactly about What is Cashback? and how it works, it's time to get to know the platforms that are booming on the internet.

We have separated the ones most used by consumers, take a look!

PicPay Cashback

The application was originally created to make transfers between friends. Over time, it has become a digital wallet with more than 50 million users.

The institution has recently launched the PicPay Store, which is highly sought after by Internet users. PicPay Cashback.

There are several promotions together, with an average of 50 partner stores and the cashback can reach up to 13%. An excellent opportunity to concentrate your purchases, isn't it?

Furthermore, there are several segments to meet customer needs, ranging from beverages to the health and beauty sector. To be part of the network, you must first download the app (both from the digital wallet and from the PicPay Store) on your cell phone and register.

After that, click on “partner sites with Cashback” and go shopping!

The balance is deposited directly into the PicPay digital wallet according to the deadline established by the partner store. The consumer is free to use the money as discount on new purchases in the Marketplace, send PIX to another account and even pay bills.

In a interview given to the website Seu Dinheiro, the founder of the App Anderson Chamon reveals that if it maintains the same pace as the first three months of 2021, the expectation is that the Platform PicPay Cashback reach 80 million cell phones by the end of the year.

Itaú Cashback

The main platform of Itaú Cashback It is Itimania – a reward system from Iti, the digital wallet of Itaú bank. After signing up for the free account, customers have missions to complete and when they are completed, they are converted into cash back.

Every week there is a challenge, today for example, the mission is to make a purchase of at least R$$50.00 and pay with the Iti virtual card. In up to 10 days you will have R$$5.00 in your account and use it however you want.

Money Back Love

At first, the Ame Cashback It is one of the most famous sites in Brazil and the balance can reach 12%.

First of all, the institution is a fintech created in 2018, one of the pioneers when it comes to digital payments. Using the platform as a means of payment in partner stores, the consumer gets part of the money back.

The deadline to receive your money back is up to 30 days for online purchases and 7 days for purchases made in physical stores. When the balance is deposited into the Ame digital account, the amount does not expire.

Neon Cashback

Yes! The craze has also spread to the Neon virtual bank and today both physical and virtual cards accumulate money using the debit function.

For all payments over R$1.00 using the debit card, the customer receives R$0.5% back. The amount remains available in the account and can be used for any purpose.

However, you need to pay attention to the redemption deadlines, as the validity is 24 months. In fact, it is worth highlighting that There is no minimum amount to withdraw the benefit, ok?

The disadvantage with respect to Neon Cashback The reward system is paid – it costs R$1,400 per month. You can join or cancel whenever you see fit.

Inter Cashback

Inter has rightly become one of the most popular Cashback platforms for consumers. In fact, To date, the institution has returned R$$218,981,390.98 to customers and non-customers of the bank.

Node Inter Cashback There are multiple ways to earn a little extra money: Shop inter, credit card and in investments. See below how each of these options works.

Shop Inter

The system is available to both account holders and consumers who do not have a bank account.

When you make purchases at Shop Inter, you can earn up to 20% Cashback!

In fact, there are more than 200 partner stores such as Droga Raia, Natura, Booking, Americanas, Submarino and even Shopee and AliExpress are part of the partnership.

The difference is that along with a portion of the money back, the customer also has discount coupons and access to various offers.

Inter Credit Card

The second way to get rewarded with the Cashback at Inter is through credit card. There are 3 options available:

Gold with 0.25% balance;
Platinum with 0.5% balance;
Black with 1.0% balance.

However, the amounts can only be used as a discount on your credit card bill.

Cashback on Investments

Oh come on, do I even earn Cashback on investments? Yes, at Inter! 😊

The option is only available to bank account holders. On the investment platform, look for funds with the seal. A portion of the income is distributed to your account every month.

Cashback Magalu or Cashback Back Magazine Luiza

Definitely, the system of Cashback Magazine Luiza, also affectionately called Magalu Cashback It is perfect for consumers who want to save on purchases and even guarantee a extra money to pay bills.

The promotion is valid for all product subscriptions on the Magalu App. There are several segments available, such as electronics, IT, as well as the Mercado Livre Marketplace.

The money is credited within 20 days to Magalu Pay, the retailer's virtual wallet. After that, you have the option to make a the transfer of the balance, pay bills or make new in-app purchases.

Nubank Ultraviolet Cashback

First of all, the Nubank Ultraviolet Cashback is the most suitable system for the group of people who want to see their money grow. Because, until the moment of redemption, the balance yields 200% of the CDI.

All payments with Ultravioleta in the credit function result in 1% of Cashback. The advantage is that the amount never gets inspired and still yields the bank's CDI.

You can use your balance in three ways: redeeming it to a current account, converting it into airline miles or investing it in Nu Invest.

One of our readers spends an average of R$1,000.00 on his bill and consequently receives a monthly Cashback balance of R$1,000.00. He is currently letting his “change” grow until it becomes a good enough amount to start a financial investment.

Mooba

In advance, Mooba works similarly to Méliuz. The highlight is that through the App, consumers receive recommendations for online stores segmented by niche.

The best credit card options with Cashback

Just like the Cashback sites, another way to guarantee your “Money” is credit cards with Cashback. In fact, today there are countless options available on the market.

But don't worry!

Well, right below to further boost your income we have put together a list of the best credit card options with Cashback.

Méliuz credit card

From now on, when it comes to money back, the Méliuz credit card is certainly one of the most requested and desired by consumers. This is because The balance is free for the customer to use as they wish and is not tied solely to a discount on the invoice.

The advantage is that the percentage can reach up to 1.8% per month. Let's say, for example, that your monthly card spending in physical establishments is R$2,000.00 and in online stores you reach a monthly amount of R$600.00.

Do you know how much you can save in just one year? The answer is R$$588.00. You also have the flexibility to make your money grow through various financial investments.

Itaú Cashback Credit Card

On the other hand, the Credit Cardsaid with Cashback Itaú The most famous is Vivo. If you have many subscriptions under your CPF with the telephone company, joining is a great deal.

Since 10% of your expenses with Vivo on plans, smartphones, Cable TV, come back in the form of a discount on your bill. Furthermore, if your debt with the operator is R$350.00 or more, you do not need to pay an annual fee.

Original Cashback Card

Above all, the Original Cashback Card The most recommended option is the International Mastercard version. In addition to the benefits and Cashback balance, you do not pay an annual fee.

There are 0.30% of cash credited to all payments made by the customer on credit. The money can be used however you wish, either in the account or as a discount on the invoice.

C6 Bank

Recently, more than 10 million Brazilians are already customers of C6 Bank. And rightly so, after all, there are several benefits included, such as free annuity and Cashback system.

For all purchases, whether credit or debit, the consumer receives points and can exchange them for cash. The amount is credited directly to your C6 account.

The advantage is that if you transfer your salary to the institution, 3,000 bonus points are credited in the first year. Furthermore, the points have no expiration date and you can redeem them whenever you want.

PicPay

In addition to the exclusive Cashback system, PicPay also has a credit card with the benefit.

In short, the PicPay Card has no annual fee and for all purchases in the credit function, the customer can get back up to 5% of the money spent. However, it is not possible to make withdrawals and you only use it as a bonus in your digital wallet.

Magalu

Having the Magalu card in your wallet is, without a shadow of a doubt, a very smart way to save money when shopping at the retail store. Because the customer receives 4% of the money spent back along with discounts and special payment conditions.

In other words, if you buy a cell phone for R$1,000.00 in the store and pay with the Magalu Card, the amount of R$1,000.00 goes back to your account. Magalu Pay digital account.

Have you been invited to be the best man at a wedding? Use the card to give the couple a special gift and ensure that you have extra money in your account. 💰 💰 💰

Inter Credit Card

Inter is also a good option and easy to get approved for. The difference is that in addition to the Cashback balance, you can invest in a CDB at the bank and use the amount as a limit on the card.

Still, the customer uses the cash back percentage only as a discount on the invoice. So, before signing up, think about whether this card really meets your needs and will help you achieve your financial goals.

Nubank Ultraviolet Credit Card

Nubank Ultravioleta is an excellent option for consumers who have the habit of investing. Since, with an investment balance of R$1,400,000 in Nu Invest, the customer does not pay an annual fee.

In addition, 1% of Cashback is credited to all purchases and continues to yield 200% CDI until the moment of redemption.

XP Visa Infinite

Just like the Nubank Ultravioleta, the XP Visa Infinite credit card is another ideal option for investors. However, in this case, membership is exclusive to the broker's clients only.

Using XP as your main form of payment, 1% of your expenses are returned to a fixed income investment fund. You can also withdraw your money whenever you want, without any bureaucracy.

Mooba Cashback Credit Card

The Mooba card is very similar to the Méliuz credit card. In fact, both are managed by the same financial institution – Banco Pan.

However, Mooba has annual fees if the customer does not reach a minimum spend on the invoice of R$1500.00.

Regarding Cashback, the percentage is 1% valid for purchases in all establishments in Brazil. The difference is that the value reaches 25% in some selected partner stores.

Cashback Suggestions App to download now!

Did you know that the cell phone in your hand can turn into a money-saving machine?

By focusing your payments on apps, you can notice a big difference at the end of the month.

Want to know more? To further boost your income, it is essential to register with these Apps:

Meliuz

THE Cashback Méliuz has two platforms: the website and a Cashback App Exclusive. There are more than 7 million users and the company also provides discount coupons from large organizations, such as Loja Americanas and Carrefour.

Beblue

In the Beblue App you will find very advantageous options, such as possibility of receiving up to 100% Cashback on selected promotions. In fact, registration is very simple to do and the option is available for IOS and Android.

Love Digital

As we have seen, Ame, in addition to being a Cashback platform It also works as a digital wallet. Through the App, you can take advantage of the best offers and at the same time make payments for bills, transfers, top-ups and much more.

You can download this infographic to consult whenever you need it. 😊

My Cashback

Well if you need money now, this is your chance!

My Cashback is an App that pays you R$10.00 to register, in addition to offering up to 25% Cashback.

As for partnerships, you can find incredible stores like Droga Raia, Americanas, Casas Bahia and even airline tickets with Gol and Latam.

Cashback World

Another essential Cashback App is World. Through it, you earn 5% of Cashback on all purchases that you make in registered partner stores. Withdrawals are always allowed when accumulating R$25.00. All this together with promotions and first-hand news.

Conclusion

Based on the information presented, we saw that knowing What is Cashback? and how it works, knowing the credit cards and App available on the market is a key way to earn extra money and save money.

By concentrating the payment method on these platforms and using a credit card with Cashback, the difference in the end is advantageous. Isn't that right?

Therefore, if your financial goals are aligned with saving money and extra income, it is important to register now on the platforms mentioned. In addition to having a credit card with this benefit in your wallet.

Mainly Magalu, since through it you have the advantage of receiving 4% of Cashback, along with discounts and payment in up to 24 installments. But, of course, that's if you choose to pay in installments!

In the case of cash purchases, always look at which platform offers the biggest possible discount.

Finally, take advantage of your balance to multiply it, either in the form of investment or by starting some type of business of your own to guarantee an extra income in addition to your monthly salary.

Want to boost your balance even more? Then always keep an eye on our content and Find out now how to know if you have FGTS to receive. Many of our readers have the benefit available and do not know how and when they can withdraw it.

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By: Consultacred Content Team updated ago 10 months back