TopCashback Review: Is This Cashback Site Legit?

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by Enoch Omololu

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TopCashback is an online rewards platform that pays you to shop.

The best cashback sites in Canada and the U.S. help you earn some money back when you shop online.

These no-obligation shopping portals serve as gateways to thousands of popular online retailers, and when you make a purchase, a percentage of the cost is returned to you as cashback.

In addition to Topcashback, other well-rated sites and apps include Rakuten, Drop, Ibotta, BeFrugal, and Swagbucks.

This TopCashback review covers how it works, how to get paid, and whether it is legit.

What is TopCashback?

TopCashback is a popular cashback site with a presence in multiple countries including the United Kingdom, United States, Canada, India, China, and Germany.

It was founded in 2005 and has over 20 million members.

It also has partnerships with more than 4,400 retailers which gives members a wide variety of stores to shop at in their hunt for rebates and deals.

The company has won the Moneyfacts Cashback Site of the Year award four times in the U.K.

Cashback offers on TopCashback can be as high as 30%. As per its website, the average TopCashback member earns about $345 in cashback every year.

How Does TopCashback Work?

TopCashback is pretty straightforward to use. If you already use Rakuten or Ibotta, the concept is very similar.

To get started, create a free account. Check your inbox for an email asking you to verify your new account.

Visit TopCashback when you want to make a purchase online. With more than 4,400 retailers on the site, the chances are your favourite retailers are available.

After checking on the “Get Cashback Now” button on your preferred store’s page, you are redirected to their website where you can complete your purchase as usual.

Topcashback cashback offers

Cashback is automatically credited to your account based on the current offers available.

Below is a snippet from the thousands of cashback offers you can find on TopCashback at any time.

Topcashback offers

Typically, you should see the cash back earned in your balance within 7 days, however, you won’t be able to withdraw the funds until after 4-6 weeks when the retailer’s return policy has lapsed.

TopCashback Retailers

Retailers on TopCashback fall into various categories including Travel, Home & Canada, Electronics, Fashion, Health & Beauty, Department Stores, and more.

Some of the popular stores (out of 4,400+) are:

Travel: Hotels.com, Marriott Bonvoy, Expedia, Hilton, Best Western, Priceline, Travelocity, and Agoda.com.

Home & Garden: Home Depot, Amazon, Lowe’s, Staples, PetSmart, Sears, Vitamix, Rover, Dyson, and Hobby Lobby.

Electronics: Walmart, Best Buy, Dell, Apple Store, GameStop, Keurig, Canon, and Newegg.

Fashion: Nike, Macy’s, Puma, Old Navy, H&M, Gap, The Children’s Place, and Topshop.

Health & Beauty: Sephora, Lancome, Bed Bath & Beyond, Kiehl’s, CVS, and Clinique.

TopCashback Extension

TopCashback has a browser extension you can install on Google Chrome, Firefox, and Edge browsers.

This extension is free and automates the cashback earning process.

Whenever you are on a website that offers coupon codes, deals, or cashback, the browser extension alerts you so you don’t miss out. You can activate an offer without lowering the page you are on.

topcashback browser extension

TopCashback Mobile App

TopCashback has a smartphone app that’s available on iPhone and Android devices.

You can shop directly via the app and earn cashback.

topcashback app

TopCashback Referral Program

As a member, you can participate in the Tell-A-Friend program and earn extra cashback.

Share your referral link with friends using email or social media. When they sign up and earn $10 or more in cash back, you get a $10 referral bonus.

Join TopCashback and start earning.

How Does TopCashback Pay?

TopCashback offers a long list of options for withdrawing your earnings.

You can request a payout via:

  • Gift cards including Walmart, Sephora, Amazon, Gap, Disney, Applebees, and more.
  • Prepaid cards: Visa and American Express prepaid cards
  • PayPal
  • ACH
  • YooMoney

How Does TopCashback Make Money?

When you make a purchase online using TopCashback, they give you 100% of the commissions paid by the retailer.

So, how do they make money?

TopCashback makes money from the various sponsored ads and promotions on the site. They may also get a bonus for sending shoppers to some stores.

Is TopCashback Legit?

Yes, TopCashback is a legitimate platform that refers to itself as “the US’s most generous cashback site” and has been around since 2005.

On Trustpilot, it has a 4.5/5 rating from over 120,000 reviews with most reviews indicating it is worth using.

The TopCashback App is also positively reviewed on the App Store and Google Play Store where it has 4.6/5 and 4.5/5 ratings respectively.

Pros of TopCashback

TopCashback has a lot of positives going for it, including:

100% Commission Rate: Users earn 100% of the commissions paid by retailers in cashback. This means you earn a reasonable amount of cashback each time you shop at participating stores.

4,400 Retailers: TopCashback has partnerships with more retailers and brands than most of its competitors. You will likely find that all or almost all of your favourite retailers are onboarded.

No Minimum Payout Threshold: You can cash out your earnings at any time using one of the eligible payout methods.

Multiple Redemption Options: Easily cash out using gift cards, PayPal, direct bank transfer, prepaid cards, and more.

Available in Multiple Countries: It is available in the U.S., U.K., Canada, China, India, and Germany.

Referral Program: You get extra cashback ($10) when you refer eligible users.

Cons of TopCashback

No Sign-Up Bonus: TopCashback does not offer a welcome bonus when you join.

In-Store Offers Unavailable: This platform is focused on helping you earn cashback only when you shop online.

Some users also complain that:

  • The site is not intuitive to use
  • There may be delays in getting your cashback
  • Purchases are sometimes not tracked (may be due to the use of adblockers or cookie tracking being disabled).
Join TopCashback

TopCashback vs. Rakuten

Rakuten (formerly known as Ebates) is one of the oldest cashback sites. It was founded in 1997 and has paid members more than $1 billion in cash back.

The platform has partnerships with over 2,500 stores and it is present in the U.S., Canada, France, and Japan.

Both Rakuten and TopCashback are very similar in how they operate. Basically, you visit either platform, search for your favourite retailer, and make your purchase.

Cashback earnings are tracked automatically and added to your balance.

Both platforms also offer a browser extension that notifies users when cash back opportunities are available.

A few differences between them:

  • TopCashback has more partner stores (4,400 vs. 2,500)
  • TopCashback does not have a minimum threshold for withdrawing your earnings.
  • TopCashback has more payout options. For Rakuten, it is only via check (cheque) and PayPal
  • Rakuten offers a $5-$30 sign up bonus after you make your first purchase of $30 or more. It also pays members $25 for every friend referral.
  • Rakuten had some in-store cashback offers, while TopCashback is limited to online purchases only.
  • Rakuten offers a CashBack Visa Card in the U.S.

Sign up for Rakuten or read our review.

TopCashback Alternatives

Shopping rewards sites like TopCashback you can use to increase your savings include:

Swagbucks: This rewards site is available in multiple countries and pays members to shop online, surf the net, complete surveys, and more. New members get a $5 bonus. Read my Swagbucks review for more details.

Drop: This free cashback app pays you to shop at thousands of locations (U.S. and Canada). It has 3+ million members and automatically tracks your purchases for discounts and cashback.

Get a $5 bonus after linking your first card. Here’s a Drop app review for more details.

KOHO: Use this free prepaid card to earn 0.50% cashback on all purchases in Canada. Also, get a $20 welcome bonus when you sign up here and make your first purchase with the card. Read my KOHO review.

Ibotta: This cashback site has paid its members more than $1 billion to date. It is only available in the U.S. and you can learn more here.

BeFrugal: This is a coupon and cashback site based in the U.S. It offers cashback when you shop at more than 5,000 locations.

Is TopCashback Worth It?

Cashback sites like TopCashback can help you save money every time you shop.

Combined with a cashback credit card, you could lower your expenses by a few hundred dollars every year.

For other ways to save money and make money, check the resources below:

TopCashback FAQs

Can I use TopCashback and Rakuten?

You can use both platforms and check which one has the best offer for a product before you make a purchase.

Is TopCashback better than Rakuten?

Yes, in some ways, TopCashback is better. For example, it has no minimum payout and has more stores on its platform. That said, Rakuten gives new users a sign-up bonus while TopCashback doesn’t.

Is TopCashback safe?

Yes, TopCashback is a safe and legitimate cashback site.

Do you use TopCashback? Let us know about your experience in the comments.

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TopCashback review
4.7

Summary

TopCashback is a cashback site operating in Canada and the United States. This TopCashback review covers how it works, whether it is legit, and how it compares to alternatives like Rakuten, Ibotta, Swagbucks, and BeFrugal.

Pros

  • 100% Commission Rate
  • 4,400 Retailers
  • No Minimum Payout Threshold
  • Multiple Redemption Options
  • Available in Multiple Countries
  • Referral Program

Cons

  • No Sign-Up Bonus
  • In-Store Offers Unavailable
TopCashback Review: Is This Cashback Site Legit?
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Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. His writing has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, Credit Canada, MSN Money, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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