Deals are a must for frequent online shoppers, as these allow them to save money while making sure their budget goes a long way. This is precisely the reason many online shoppers prefer to pay for their purchases using a credit card. In addition to their convenience, credit cards come with built-in rewards systems that ensure that each spend accumulates into points that can later be redeemed for various perks and vouchers.
The best credit card for online shopping Philippines shoppers can have is one that provides generous cashback rewards. Cashback is particularly useful for online shoppers because it effectively gives a discount on all purchases. It’s a simple, straightforward reward mechanism that provides instant savings on every purchase.
To make sure that you’re maximizing the cashback rewards from a program like that of the Landers Cashback Everywhere Credit Card by Maya for your online purchases, here are some tips you may want to try out:
1) Use a Cashback Credit Card with Bonus Categories
Some credit cards offer higher cashback rates for online shopping in particular. As such, if you plan to use your credit card mainly for online purchases anyway, consider choosing a cashback card that specifically caters to online shopping transactions to help you save more on every purchase. Doing this requires shopping around for credit cards and carefully reviewing their cashback terms first to determine which one suits your needs best.
You may also consider using different credit cards for different purchase types. For instance, one of your cards may give higher cashback for groceries while another is better for online shopping. Knowing when to use which card will allow you to earn as much of your cash back as possible.
2) Combine Cashback with Vouchers and Free Shipping Deals
Many online shopping platforms already offer discounts and free shipping vouchers from the get-go. Combined with your cashback rewards, these will increase the savings you get out of each purchase. With that in mind, before checkout, always check if there are available vouchers you can use. Some stores may also give you exclusive vouchers if you follow their shop first, so be sure to take advantage of such offers.
3) Shop Through Cashback Platforms
Some platforms, like ShopBack, offer extra cashback when you shop using their apps. With the cashback you get on their platform on top of your usual credit card cashback, you can easily stack up on rewards and essentially double the savings you get every time you buy.
Scout out deals and offers from these cashback platforms to see if you can earn additional cashback from each transaction, or what conditions you should meet in order to qualify for cashback. In general, also be on the lookout for cashback features built into your favorite shopping apps, such as coins that you can use for discounts, which will add more to your savings.
4) Maximize Limited-Time Cashback Promos
Every now and then, credit card providers, e-wallets, and e-commerce platforms launch cashback promos, particularly during huge sales events. This is to encourage more purchases from customers during the sales period. Plan big purchases around these promos to score big on the cashback and discounts you get from shopping.
Make sure you’re aware if your shopping platform is hosting a cashback promo or sale anytime soon by monitoring their social media pages or checking your app’s notifications regularly. You may also just note down dates when sales commonly happen, such as so-called “shopping holidays” (which happen on dates like 1.1, 2.2, 3.3, etc.), payday sales, or regular holidays.
5) Redeem Cashback for Essentials
Some cashback can also be used for essentials such as groceries, bills, or mobile load. If you have the opportunity to pay for these online, too, don’t forget to use your cashback rewards on these necessary expenses. This will make your cashback much more useful and not necessarily restricted to just online purchases, which will allow you to stretch your budget for day-to-day needs.
To maximize this perk, be sure to review your credit card’s terms. At times, you may even find that you can boost your cashback for certain categories by meeting spending thresholds (for example, getting larger cashback for groceries if you reach a certain spent amount).
6) Save Cashback for Holiday and Mega Sale Shopping
When you see that you’ve accumulated a large amount of cashback rewards, it can be tempting to spend them right away. Resist the temptation and instead save them up for when big sales events happen—i.e., when you have a bigger chance of purchasing multiple items that you want at a lower price. This strategy will allow you to get more value out of your cashback rewards compared to making the purchase on non-sale days.
Your patience may serve you especially well during the holidays. Since you’ll already be gift shopping for family and friends, why not do so while also using your accumulated cashback to lessen your overall expenses? This may also encourage a more strategic approach to gift shopping, allowing you to extend your budget without having to spend more.
More than just the convenience of getting to shop from the comfort of your home, online shopping also allows you to access more deals and savings if you strategically use rewards such as cashback rewards. Don’t let your opportunities to use your cashback rewards go to waste—use these tips to get an even better online shopping experience with your credit card.
