Topcashback Review 2024: What You Can Earn?
We’ll give it to you straight: TopCashback is one of the best cashback platforms we’ve reviewed. Unlike their competitors, they give users 100% of the commissions they receive from retailers, allowing you to earn significantly higher cashback rates.
No hidden fees
The average user earns around $475 per year — a substantial check for simply doing your standard online shopping. While other platforms occasionally offer promotions that surpass their offers, you’ll almost always find the best deals on TopCashback.
TopCashback earned the following reviews:
- 4.7 Stars on the Apple App Store (12,300 reviews)
- 4.6 Stars on TrustPilot (10,400 reviews)
- 4.1 Stars on the Google Play Store (23,200 reviews)
- 4.7 Stars on Think Save Retire
Our TopCashback Review: 4.7 Stars
TopCashback has coined themselves The USA’s Most Generous Cash Back Portal, and rightfully so. Unlike its competitors, TopCashback gives 100% of the commissions they earn from retailers to members. They’re able to do this by monetizing through ads instead.
What We Love
There’s a lot to love about TopCashback — and we mean a lot.
Completely Free to Use
You’ll never pay a dime to use the platform. It’s free to sign up and free to use.
Insane Cashback Rates
TopCashback passes 100% of commissions earned to users, allowing them to offer the highest cashback rates on the market. They even have a Highest Cashback Guarantee — if you find a higher cashback rate anywhere else, just submit a claim and they’ll beat it.
Plethora of Stores to Shop At
TopCashback works with over 7,000 retailers, allowing you to earn pretty much anywhere. If you shop in person, you’ll also have the option to upload a picture of your receipt so you don’t miss out on earnings.
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Solid Payout Options
You have three options for receiving your earnings — bank transfer, PayPal, or e-gift card. You’ll even earn a payout bonus if you redeem your cashback as a Visa Prepaid card, Amazon gift card, or American Express Rewards card.
Mobile App
TopCashback offers a user-friendly mobile app, available for download in the Apple App Store and Google Play Store. It’s perfect if you shop primarily through your mobile phone and for scanning receipts quickly.
Browser Extension Option
If you need the reminder to activate cashback offers before shopping, installing the browser extension is ideal. The extension will notify you of cashback offers when you visit a retailer with one available.
Gift Card Options
You can earn cashback on e-gift cards by purchasing them through TopCashback.
Great Referral Program
TopCashback offers users $35 for each user they refer. This is slightly higher than other platforms like Rakuten, which offers $30 per referral.
What We Don’t Love
The one downside of TopCashback is their lengthy payout times. While it’s unclear why their payouts are significantly longer than some competitors, it seems to be the main gripe customers have.
“I have had this app for over a year and a half, I have been waiting for over a YEAR for my $28 to become payable. I messaged the company and everything about it and they said that they ask kindly for me to allow the time to pass that is needed for them to get verification from the merchants in which I purchased from. Over a YEAR and it just became payable.” – Honest No Matter What on the Apple App Store
That said, they do publish the average payout timeline for every retailer on the platform. You’ll find the information on the right side of the retailer’s page after clicking “See More Statistics.” This way, if you want to receive the earnings faster, you can explore other retailers that sell the item you’re looking to purchase.
How TopCashback Works
To use the platform, you’ll need to create an account. This is completely free — and seamless, in my opinion.
Select a Retailer
Once you’re in, select the retailer you plan to shop at. You can do this by searching in the top search bar or by selecting the category the retailer falls into in the Categories drop down menu. With over 7,000 retailers to choose from, you’re bound to find the one you’re looking for.
Read the Fine Print
As with all cashback platforms, there are a variety of boxes you’ll need to check to earn the advertised cashback rate. I will say, TopCashback does make it pretty easy to find the information you need.
One of the most common details we found that we can see users overlooking is that you need to start with an empty basket before clicking through to the retailer. This means that if you fill your basket then activate the offer on TopCashback, you won’t be eligible to earn cashback on the items in your basket.
Wait for Earnings
After you’ve made your purchase, your earnings will show up in your account within seven days. Keep in mind that this doesn’t mean they’re ready to redeem. Each individual retailer has their own policy for when they fork over the cashback.
According to TopCashback, top retailers take anywhere from 3 to 18 weeks to send over your earnings.
Initiate a Payout
Once your earnings become payable, initiate a payout. You’ll have the option to transfer the funds directly to your bank account, via PayPal, or redeem in the form of a gift card. Keep in mind that you will receive a payout bonus if you opt for the latter.
TopCashback vs. Rakuten
How does TopCashback stack up against its competitors? Surprisingly well. Despite having their Highest Cashback Guarantee, we compared the cashback rates at TopCashback and Rakuten just to make sure they truly had the best rates.
| Macy's | Walmart | Best Buy | Foot Locker | Target | Sephora | |
|---|---|---|---|---|---|---|
| TopCashback | Up to 7% | Up to 8% | Up to 25% | 2% | 2% | 4% |
| Rakuten | 2% | Up to 3% | Up to 4% | 2% | 1% | 2% |
It’s important to note that Rakuten offers several promotions that increase the cashback rates temporarily. For example, at the time of writing, they’re offering 10% cashback at Macy’s, although the standard rate is 2%.
Before making a purchase, it’s worth comparing cashback portals to see if any are running promotions you can take advantage of. More often than not, however, TopCashback will have the highest rate.
Frequently Asked Questions
Is TopCashback Legitimate?
Yes. TopCashback is a safe, legitimate platform.
How Much Does TopCashback Cost?
TopCashback is 100% free to use.
Can You Withdraw Money from TopCashback?
Yes. Once your earnings have become payable, you can request a payout. Select the payment method you’d like, then simply press the Payable button to initiate the transfer.
How Long Does TopCashback Take to Payout?
According to TopCashback, earnings will hit your account within seven days of your purchase. That said, earnings aren’t ready to withdraw right away.
Each individual retailer has their own policy for confirming cashback, so it may take time to fully receive. For example, some retailers require a specific number of days to pass before paying TopCashback the commissions they transfer over to you. This is typically to ensure customers don’t return an item within that time frame.
This time period can be lengthy, with some users reporting waiting up to a year for their earnings to get approved by the retailer. However, in most cases, you’ll receive it within three to eighteen weeks.
How Much Can You Earn with TopCashback?There’s no limit to how much you can earn with TopCashback. It depends entirely on how much you shop and which retailers you shop at. That said, the average TopCashback member earns around $475 per year.