Cashback is money back that you can collect when you shop at over 2000 online retailers via us. This can be either a percentage of what you’ve spent e.g. 2%, or a fixed amount e.g. £5. It is usually done through a website (like KidStart) you can register with or via a credit card or debit card.
With KidStart, the money back you collect builds up in your KidStart Kiddybank and then when you reach £10 in cleared savings it’ll be transferred to your child’s account that you’ve linked at the start of the following month. If you have a Beanstalk Junior ISA then you’ll get the savings at £5!
We have been operating a child savings linked cashback scheme for over 10 years and have paid millions into children’s savings accounts in that time.
How do I earn cashback with KidStart?
It’s really simple to earn cashback with KidStart, here is what you do:
- First you need to sign up/log in to your KidStart account and then search for the retailer you want to shop with.
- Click ‘Shop now’ to be taken to the retailer’s website where you can make your purchase like usual.
- We’ll contact you in the days following to let you know that we’ve recorded the purchase and the money back you could earn.
You can also install our handy browser extension onto your desktop that helps to remind you when KidStart Savings are available when searching on Google or on retailer websites. You can click shop now on this extension to track your purchases too.
Who decides on the amount of cashback given?
This is decided on by the retailer, they set the percentage or total they want to pay on a purchase and then also confirm to us once a purchase has been made if it is eligible for cashback.
How long does cashback take to be paid?
How long cashback takes to be paid can vary depending on the type of purchase, the retailer/service in question and the terms and conditions set. For example it can take longer for cashback to be paid on a holiday purchase due to how long in advance they can be booked, compared to cashback being paid on an item of clothing, which may have a short return window.
Is it only online retailers that offer cashback?
No, many different types of services offer money back. On KidStart we work with insurance providers, travel websites, financial services and many other industries. Some of these offer high cashback rates, so it’s always worth checking KidStart to see if we have them!