Cashback Monitor is a site that allows you to compare the cash back or other rewards you can get if you use certain shopping portals or credit card reward malls when you shop at specific stores. If you’re not aware of how these portals and malls work, it generally goes like this:
- You sign in to the portal/mall before you shop online.
- Once signed in, you get a selection of retailers that have agreed to provide certain discounts (or reward points) to users of that portal/mall. For example, last we looked, the Shop Through Chase portal was offering an extra 3% cash back if we used our Chase Freedom Unlimited credit card at Ulta Beauty.
- You choose the retailer where you want to shop, and then hit the “Shop Now” button or whatever means the “mall” has to transport you to the retailer’s site.
- Your purchases at the retailer site are tracked and you get the extra cash back or reward points.