Get in on the Cash Back Craze: Why You Should Start Using a Cash Back App in 2023

January 17, 2023
2 min read
Featured Image

Are you ready to start turning your everyday purchases into rewarding earning opportunities? It's time to get in on the cash back craze and start putting some extra money into your pocket by using a cash back app in 2023.

What is a Cash Back App?

A cash back app is a mobile app that allows users to earn rewards or cash back on purchases. Users can link their credit or debit cards to the app, and when they make a purchase at a participating merchant, a percentage of the purchase price is returned to the customer in the form of cash back. Some cash back apps also provide discounts or coupons for certain stores. Users can then use the app to redeem earned cash back rewards or transfer the monies to their bank account.

If the offers are card-linked offers, users earn cash back fully automatically.

Benefits of Using a Cash Back App

Now, let's talk about the benefits of using a cash back app.

  1. Save money: By earning cash back on purchases, users can save money on the things they are already buying.
  2. Easy to use: Cash back apps are easy to use and don't require any extra effort beyond linking a credit or debit card and making purchases as usual.
  3. Wide selection of retailers: Many cash back apps offer cash back at a wide variety of retailers, so users can earn rewards on a wide range of purchases.
  4. No fees: Most cash back apps do not charge any fees to use their service.
  5. Bonus offers: Some cash back apps offer special bonus offers or promotions, allowing users to earn even more cash back on their purchases.

How Much You Can Earn With Cash Back App?

Let's do a little math.

If you earn an average of 4% cash back on your purchases with the help of cash back apps and you spend $58,444 in a year (The average American spends $4,874 each month with their credit cards), that's $2,339 cash back in your pocket just for shopping lie you normally would. That's more than enough for a really nice weekend getaway or a new appliance, and all from just using your card like you normally would.

Spend: $58,444 / year
Cash back %: 4%
Earned cash back: $2,339

So why not give a cash back app a try in 2023? Not only will you be able to save money on your purchases, but you'll also be able to turn your shopping into a rewarding experience. Happy earning!


© 2024 Benjamin Capital Partners, Inc. All Rights Reserved. Benjamin Capital Partners, Inc. is a financial technology company and not a bank.