Meet Cheddar, the new automatic cashback app for UK shoppers. Sign up and register your bank account to start earning cashback on your purchases at Cheddar partners.
There's a variety of cashback apps and cashback websites on the market these days, but does that mean there isn't room for more cashback sites? Heck no! Say hello to Cheddar, a new automatic cashback option for UK shoppers, giving you free money for your purchases on the high street and online retailers, and I have to say it certainly looks to be one of the best UK cashback apps I've come across and well worth downloading!
With Cheddar, you can earn cashback on your purchases at Cheddar partners, and the best part is that the cashback is automatic! It's a similar concept to Airtime Rewards, only with this app, you can claim real cash rather than a credit towards your mobile phone bill, and Cheddar has a much lower payout minimum (£5 rather than £10 with Airtime Rewards), so it's a great way and an easy way to earn cashback without having to do anything!
To get started, simply download the app from the Cheddar website and register your bank account. Cheddar works with several major banks, including Chase, American Express, HSBC, Nationwide, NatWest, Royal Bank Of Scotland, Tesco Bank, AIB, Bank Of Scotland, Barclays, Danske Bank, First Direct, Halifax, Lloyds Bank, Monzo, Revoult, Virgin Money, Santander, Wise, and Starling Bank.
You don't need to register your debit card or credit cards; Cheddar users earn cash rewards by the Cheddar app scanning your bank account for everyday purchases from your favourite retailers and favourite brands. Once you've connected your bank account to Cheddar's free app, you can start earning cashback immediately on your eligible purchases at Cheddar partners. No matter if you're just doing the weekly food shop or shopping from another retailer partner, the cashback will just keep coming, without the need to have to take a photo of the retailer or grocery receipt, as receipt-scanning apps require, or having to click through to a cashback service in order to receive the cashback offers reward points. You will need to connect/refresh your connection to your banking app once a month to ensure you keep earning retail cashback, which is quick and easy. People do get, understandably, concerned that an app can scan your bank account; however, rest assured that the Cheddar cashback app can't read any sensitive financial information or sensitive payment data; it uses encrypted open banking technology to find transactions from its brand partners, which it then uses to trigger the cashback feature and earn you some money! It can't, or wouldn't be able to do anything that would affect your bank balance, or see any of your sensitive data.
This great app works for both an online purchase or in-store purchases, and you'll also benefit from frequent offers that can save you even more.
Cheddar partners include a number of retailers, including - Just Eat, Starbucks, Wilko, Greggs, Monki, McDonald's, Sports Direct, Uber, Trainline, Sainsbury's, The Dungeons, Madame Tussauds, Bear Grylls, Transport For London, Weekday, TaskRabbit, Grounded, OPI, Colourful Standard, AllPlants, Heist Studios, Joe & The Juice, Amara, Co-op, BoohooMAN, Wish, Redbubble, USC, Nasty Gal, Jack Wills, House Of Fraser, London Theatre Direct, Game, Face The Future, Green Man Gaming, Boohoo, and GANNI. They often introduce new retail partnerships and also boosted short-term cashback rate increase bonuses via its bonus offers section of the app.
Cashback rates vary from as little as 1% to higher cashback rates of up to around 20%, with the majority of the bigger brands, such as supermarkets and restaurants being 1%, but that's not to be sniffed at; I would much rather receive 1% cash back on my Sainsbury's shop, than 0% by not using the app! Those 1%'s soon start to add up, and in time there could be a fair few quid sitting there to spend on something you fancy, remember you don't have to do anything; once you've signed up, everything is automatic, so you don't have to do anything at all, you don't need to change your shopping habits, just do your regular shopping, and the cashback amount will just appear in your Cheddar account once you spend at a Cheddar partner.
You might, however, decide to switch retailers to get the cashback, which is something the Cheddar partners hope you'll do after they don't want just to give away free cash for nothing, they hope you'll switch to them, rather than using the services of a rival, and by offering cashback that a rival doesn't, it's likely you may swap to them. I often do!
According to the mobile app, you could earn over £1,000 a year in annual cashback earnings, especially if you frequently use Cheddar partners. And with a minimum withdrawal amount of just £5, you won't have to wait long to access your cashback.
Cheddar is a free app to download and use, and it's also safe and secure. The app is authorised and regulated by the Financial Conduct Authority so that you can sign up with confidence.
New members can use our Cheddar referral code PINCHER to download the app and get an entry into the app's weekly giveaway. And don't forget to check out our blog post that gives you my list of the best cashback apps to maximise your rewards and make some extra money.