To the point
Looking to save money on your online purchases? Adopt our double dip strategy by combining the right credit card with an online cash back portal.
With the inflation of recent years making itself felt in our wallets, it’s worth revisiting our strategies for saving more on our purchases, whether through discounts or cash back.
If you prefer online shopping to in-store purchases, this strategy will help you earn cash back at your favorite retailers, while getting the best prices.
Cashback - The strategy
Fortunately, there’s no shortage of options when it comes to rewarding yourself for your online purchases. Shopping portals make it easy to accumulate cash back and points or miles linked to various reward programs.
Many of these portals are linked to rewards programs: Aeroplan eStore, Avion Rewards, Scene+ by Rakuten, airmilesshops.ca and many others. These are great for earning travel rewards, for example, but in the current economic climate, many people prefer to earn cash back rather than points from rewards programs.
If this is your case, we advise you to turn to our strategy, which combines :
- Club Boomerang cash back portal
- a cash-back credit card such as the Tangerine Money-Back Credit Card
Optimize your cashback on online purchases
Boomerang Club
Club Boomerang is a Quebec-based online shopping portal launched by François Charron. By joining the Club Boomerang, you gain access to cash rebates offered by numerous retailers on your online purchases.
A large number of merchants partner with the Club Boomerang to offer cashback. These are divided into different categories:
- At home
- Beauty and well-being
- Office
- Electronics
- Kids
- Leisure and entertainment
- Fashion
- Sports and outdoors
- Vacation
Club Boomerang also offers a “Coupons and promo codes” section, where you can get the best prices in addition to cash back, or other benefits such as free delivery. Don’t miss these exclusive offers!
As with other portals (Rakuten, Aeroplan eStore, Avion Rewards), you can add the Chrome extension to your browser. When you shop online, it will alert you when there’s an opportunity to get cash back from a merchant. You can then activate the discount with a single click!
For several months now, Club Boomerang has also been offering the Ambassador program, which allows users to share their favorite products with affiliate links, allowing them to earn even more cash back.
Cash back credit cards
The Tangerine Money-Back Credit Card has no annual fee and offers cash back.
With this limited-time welcome offer, you can earn an additional 10% cash back (up to $100) when you spend up to $1,000 on everyday purchases during the first 2 months.
You can choose two to three categories that interest you (groceries, gas, furniture, home improvement, recurring bills, pharmacy, etc.) to earn 2% cash back! And there is no annual cash back limit. It is one of the best credit cards for renovations.
In addition, the Tangerine Mastercard offers several insurance coverages for your purchases :
- 90 days purchase insurance
- One year extended warranty
Finally, during your first 30 days, transfer balances and pay only 1.95% interest on the transferred balance for the first 6 months.
Here are the 10 categories you can choose from to earn more cash back outside the Tangerine Money-Back Credit Card welcome offer period:
- Groceries
- Furniture
- Restaurants
- Hotels and motels
- Gas
- Recurring bills payments
- Drugstores
- Home Improvement
- Entertainment
- Public transportation and parking
Examples of maximizing cash back
For example, at the time of writing, you might get :
- 4% cash back at Yves Rocher through Club Boomerang
- 10% cash back when you pay with your Tangerine Money-Back Credit Card during the welcome offer period.
- A 20% discount according to the “Coupons and discounts” section
That’s a 20% discount combined with a total cashback of 14%! Although it is possible to get the Tangerine Money-Back Credit Card discount also with in-store purchases, the Club Boomerang cashback would not apply, nor some of the discounts offered, without making the purchase online through the portal.
Bottom Line
For those who prefer shopping from the comfort of home to in-store shopping, this strategy will enable you to get maximum cash back from many retailers, and to go after the best prices.
While you can often pick up lots of reward program points with similar online shopping portals, sometimes you’re looking for the simplicity of cash back, and that’s exactly what Club Boomerang does.
Come to discuss that topic in our Facebook Group!
