In this article, I’ll cover everything about Ebates Canada and the cash-back you’ll earn with it.
Obviously, I love the fact that you get cash back for doing absolutely nothing. You shop online like you normally would and buy the things you normally would. The only difference is clicking a link before you shop and making some extra cash. I normally make around $300 a year in cash back.
I’ve also covered in detail everything about maximizing your ebates cash-backs. Let’s get started.
What is Ebates?
Ebates is an online cash-back shopping portal or gateway to many of your favourite retailers. The idea behind their business model is simple – you start your online shopping from Ebates, proceed to your favourite store, and you earn cash-back on your eligible purchases.
Ebates Inc. was founded in 1998 by two deputy district attorneys in the U.S. In 2012, they expanded the business to Canada, and are also present in China and South Korea. Ebates Canada has their headquarters in Toronto.
How Ebates Works In Canada?
The idea behind the cash back savings on Ebates is fairly straightforward.
Ebates directs traffic to some major online stores, they advertise the coupons and deals on offer by these stores, and get paid by the stores for the sales they generate.
Does that sound familiar to you? If it does, it’s probably because it sounds very much like the traditional affiliate marketing strategy: You have a product for sale, I help you advertise that product, and when I facilitate the sale of your product, you pay me a commission (or referral fee) for my service.
So, Ebates gets paid for sending business to a retailer, and they then turn around and share some of their commissions with you (the buyer).
So far, they have paid nearly $1 billion to members!
How To Become a Member of Ebates?
Signing up is easy. You can use your existing Facebook account, or enter your email address and a password to get started. Canadians get a $5 welcome cash bonus on sign-up ($10 if you reside in the U.S.).
As a Canadian, you can become a member of Ebates U.S. as well if you make online purchases from U.S. based stores. Your two accounts (Canada and U.S.) will track your cash backs separately.
After signing up, you can choose to access their website anytime you want to purchase an item online from your favourite retailers, or you can use their smartphone or tablet app. They also have a Google Chrome extension that makes cashback easier and faster than ever.
Featured Stores and Offers on Ebates
If you look at the official website – ebates.ca you’ll see the list of current offers going on. However, I just wanted to mention few of them here.
Remember, these are the stores we often shop – at-least once a month or more frequent, why not earn more cash-back by using ebates. I’m not trying to sell anything here please, just making my point clear; its free to join so why not make some good money of your regular shopping or purchases.
Also, on top of your cash-back or rewards credit card you can get some cool ebates cash-back too. Isn’t that good eh? Making some free money out of the regular purchases.
Featured Stores and Offers:
Sephora – 2.5% cash-back
Amazon.ca – 5% cash-back
Hudson’s Bay – 5% cash-back
Expedia.ca – 7% cash-back
Indigo – 4% cash-back
Aircanada.ca – 4% cash-back
H&M – 3% cash-back
Mark’s – 5% cash-back
The Source – 2% cash-back
Levis – 5% cash-back
Again, I have just hand-picked a few of the featured offers of the many offers out there, just to show you the kind of offers ebates has.
There’s absolutely every reason to make some cash-back on the money you are spending on top of your regular credit card rewards (In case you do shop using a credit card)
How Do You Get Paid on Ebates?
After signing up, you are now ready to receive cash backs. You have three options for getting paid:
- Big Fat Cheque – a cheque is mailed to your postal address on file.
- Paypal – your cash back is deposited in your Paypal account.
- Charity – your cash back is sent to your charity of choice. They can also send your cash back to a friend or family member of your choice.
When you want to shop online, visit Ebates and take a look at the store(s) you want to buy an item from. If the store is a partner with Ebates, they will display the current cash back offering by that store.
For example, this 5% Cash Back by Amazon (may be more or less depending on the product category and offers at the time of your purchase).
Click on the store and you will be directed to the store’s home page where you will make your purchases as usual.
There are currently over 750 stores that can be shopped at using Ebates Canada. On the U.S. website, you have access to over 2,500 stores.
Following purchase of the product, your account should be credited with your cash back in 48 hours or less. Your cash back accumulates in your account and is paid out every 3 months using the payout method you have chosen for your account. The payout schedule is as follows:
If your total cashback amount is less than $5.01, it’s carried forward to the next payout period.
How does Ebates make money?
You’re probably asking yourself, “How can Ebates give you money for free? What’s their business model?”
You need to understand how affiliate marketing works to understand Ebates’ business.
Affiliate marketing is a business model where companies (i.e. online stores) pay people a commission for referring sales.
Ebates is an affiliate to over 2,000 stores. When someone clicks on an Ebates link to a retail store, Ebates get a commission.
Ebates gives you half of their commission (via cash back). This is a win-win-win. The store gets more sales. Ebates makes a commission. You make free money just for shopping.
Example: You go to Ebates.com and click through to the Best Buy store. You buy a MacBook from Best Buy for $1,000. Ebates gets a 4% ($40) commission from Best Buy for referring the sale. Ebates give you half of their commission ($20) in the form of cash back.
You may wonder if this approach really increases the stores’ sales since customers could make purchases regardless of Ebates’ existence.
Other Ways to get Paid
Cash back from purchasing items from online stores is not the only way to make money on Ebates. You can also earn money (referred to as Bonus Rewards) by referring friends and family to use Ebates.
Your referral link can be found on the website after you have signed up. Just forward your link to the person so they can use it to sign-up.
You earn $5 for referring 1 person and $10 for referring 2 people plus a $40 bonus. Essentially, if you refer 2 people who go on to use Ebates for their online purchases, you earn a $50 reward bonus!
It doesn’t stop there. You can earn much more by referring lots of people (friends, family, and pretty much anyone) to Ebates as shown below:
Referral bonus promotions on Ebates may change depending on what they are currently offering or the season, but the bottom line is that you get cash whenever you refer someone to use their website.
There are many online opportunities and offerings that are not worth the effort. Is Ebates any different?
If you do a lot of your shopping online and your favourite stores partner with Ebates (over 2000 stores currently), you can actually get some worthwhile cash back.
For example, using the current 7.5% cash back offer on Hudson’s Bay:
A $100 purchase could return $7.5 to your pocket in cash back. This rewards can add up over time into some serious savings!
Ebates also advertises coupon codes and other discounts provided by retailers, so you can easily compare what’s available directly on their website for the best savings possible.
Ebates is definetely worth it if you are actually buying an item that you would have purchased anyway.I don’t do a lot of shopping online, but so far have gotten about $56 in cash back with zero problems.
Please let me know your thoughts and comments below.
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Hey, I’m Sagar from Toronto, Canada.
I am a self-taught, motivated Canadian Personal Finance Blogger who loves writing articles about Savings, Investing, Stocks & ETF reviews, Side Hustles, Frugal Living, Credit Cards and Retirement Planning. Husband. Father. Software Developer. Web Designer. Hiking Enthusiast.