National Cash Back Day is today (November 7). This is the first National Cash Back Day and was established by RetailMeNot.In celebration of the holiday, customers will have up to 20 percent cash back from RetailMeNot at hundreds of retailers, online, for 24 hours. Shoppers can make the most of National Cash Back Day by getting some money back on your holiday shopping ahead of Black Friday and Cyber Monday.What is National Cash Back Day?According to RetailMeNot, it created the website to celebrate the start of the holiday season with offers. National Cash Back Day will happen every first Thursday of November. This year, shoppers will have 24 hours of access to cash back at hundreds of major stores.To claim this offer, customers should sign up or create an account at RetailMeNot. Then, they should choose the offer they want to activate and will be directed to that online store to make a purchase. Once the purchased is approved, customers will be notified with 45 days that the cash back amount will be available in their RetailMeNot wallet, which can be claimed via Venmo or PayPal.What is Cash Back?Cash back sites allow online shoppers to claim money back on their purchases, according to Money Pantry. Typically, customer will sign into a cash back site, click on a cash back offer and begin shopping at their desired store.The cash back site will track the customer’s purchases and credit their account with their cash back earnings, which can be withdrawn as cash. However, some cash back sites pay the customer their earnings in gift cards and it varies by site.How do cash back sites work?Cash back sites may seem too good to be true, but there is a reason behind companies seeming to give away money for free. When a customer purchases a product through a cash back site, the retailer will pay the cash back site a commission. The money the customer earns is a percentage of that commission.However, it’s worth making sure buying through cash back sites will give you the best deal. Jill Papworth said in The Guardian: “Whatever you are buying, the rule is to identify the right product first, and only then check if you can get an even better deal by going through a cashback site.”These sites are not regulated, which means you have no compensation rights if one goes bankrupt owing you money in the form of cash rewards.”What are the top cash back sites?Lemoney: Online shoppers get Turbo Cash Back with Lemoney, which allows customers to use turbo credits to boost the amount of cash back they earn.Mr. Rebates: Cash back sites often require shoppers to earn a certain amount of cash back before it can be withdrawn. Mr. Rebates minimum pay out is just $10.Rakuten: Rakuten, formerly known as eBates, has been featured in The New York Times, CNN, Good Housekeeping, and The Wall Street Journal. You can get up to 40 percent cash back at more than 2,500 stores.
A couple shopping online.
Stores offering cashback for National Cash Back Day 2019 through RetailMeNot:Academy Sports: 20 percent cash backAdidas: 20 percent cash backAmazon:12 percent cash back on Home, Garden, Kitchen & Housewares10 percent cash back on Grocery, Fresh and Prime Pantry6 percent cash back on Home Entertainment12 percent cash back on Beauty, Luxury Beauty, Grooming8 percent cash back on Toys & Games8 percent cash back on Echo, Kindle, Fire TV & Fire Tablet10 percent cash back on Clothing, Accessories, Jewelry, Watches, Handbags, Shoes & LuggASOS: 10 percent cash backAeropostale: 12 percent cash backAldo: 18 percent cash backAmerican Eagle Outfitters: 16 percent cash backAveda: 20 percent cash backBanana Republic: 12 percent cash backBass Pro Shops: 15 percent cash backBCBGeneration 16 percent cash backbareMinerals: 20 percent cash backBergdorf Goodman: percent cash backBloomingdale’s: 10 percent cash backBobbi Brown Cosmetics: 10 percent cash backBonobos: 20 percent cash backCanon: Up to $100 cash backCoach: 12 percent cash backChampion USA: 20 percent cash backCVS: 20 percent cash backDollar Rent A Car: 20 percent cash backElf Cosmetics: 20 percent cash backElizabeth Arden: 20 percent cash backFrame Denim: 20 percent cash back
Hanesbrands Inc: 20 percent cash backHarvey Nichols: 20 percent cash backHoliday Inn Express: 20 percent cash backHorchow: 16 percent cash backIntermix: 17 percent cash backJoS. A. Bank: 20 percent cash backKate Spade: 12 percent cash backKendra Scott: 20 percent cash backKerastase: 14 percent cash backLenovo: 20 percent cash backLifeLock: 60 percent cash backL’Occitane: 20 percent cash backLululemon: 8 percent cash backMacy’s: 20 percent cash backMattress Firm: 18 percent cash backModa Operandi: 14 percent cash backNeiman Marcus & Neiman Marcus Last Call: 16 percent cash backNEST Fragrances: 10 percent cash backOne Kings Lane: 16 percent cash backPostmates: 30 percent cash backRay-Ban: 20 percent cash backRebecca Minkoff: 20 percent cash backSears: 20 percent cash backSephora: $20 cash back on $100Smashbox: 20 percent cash backStubhub: Up to $60 cash backT3 Micro: 20 percent cash backTarte Cosmetics: 20 percent cash backThe Home Depot: 14 percent cash backUnder Armour: 20 percent cash backUgg: 20 percent cash backUlta: 10 percent cash backVineyard Vines 20 percent cash backVistaprint: 20 percent cash back