Product Overview: Cashback Monitor
What is Cashback Monitor?
Cashback Monitor is a comprehensive online tool designed to help users maximize their earnings from online shopping by comparing and tracking cashback rates, points, and miles across numerous shopping portals and cashback sites.
Key Features and Functionality
Real-Time Rate Comparisons
Cashback Monitor aggregates and updates cashback rates from almost all major shopping portals daily, typically between 4-6 am EST. This allows users to see which platform offers the highest rewards for their desired retailers, making it easy to choose the best option for each purchase.
Customizable Dashboard
Users can create a free account and customize their dashboard by selecting up to 8 shopping portals and up to 20 retailers to track. This personalized setup, accessible through the “My Monitor” tab, displays the current best rates for the selected retailers and portals, highlighting the overall best deal.
Alerts System
Cashback Monitor offers an alert system that notifies users when the cashback rate for a specific store reaches a target rate set by the user. This feature ensures that users never miss out on high-value rewards opportunities and can plan their purchases accordingly.
Historical Rate Analysis
The “View Best Rate History” feature allows users to see the historical cashback rates for a particular retailer over the past 15 months. This helps in determining whether the current rate is a good deal and whether it is worth waiting for a potentially higher rate in the future.
Points and Miles Valuation
Users can assign a cash value to different types of points and miles, enabling a more accurate comparison between various rewards currencies. This customization helps in making informed decisions about which shopping portals to use based on the user’s specific valuations.
Bookmarklet Feature
The Cashback Monitor Bookmarklet is a convenient add-on that allows users to quickly access Cashback Monitor from any online store they are visiting. This feature streamlines the process of checking cashback rates and rewards information without leaving the store’s website.
User-Friendly Interface
The platform is designed with a simple and intuitive interface. Users can easily search for their preferred retailers, view the best available rates, and navigate through various features such as rate history and alerts without needing extensive technical knowledge.
Additional Benefits
- Combining with Credit Cards: Cashback Monitor can be used in conjunction with rewards credit cards to further boost earning potential, making it a powerful tool for maximizing savings and rewards from online purchases.
- Daily Updates: The site ensures that the data is updated daily, providing reliable and current information to help users make the best decisions for their shopping needs.
In summary, Cashback Monitor is an indispensable tool for anyone looking to optimize their cashback, points, and miles earnings from online shopping. Its customizable features, real-time rate comparisons, and historical rate analysis make it a valuable resource for savvy shoppers.