Tuesday, February 5, 2013

Smart Phone + Endorse = Cash Back

Cutting costs on your groceries is a huge way to save on your budget each month.  Millions of people cut coupons only to forget they have them so the savings are lost.  You know how it goes.....you get to the store with your little grocery list in hand only to realize when you get to the checkout that your coupon organizer is still sitting on your desk at home.  Sucks Stinks doesn't it.  I cannot tell you how many times I have done that and it really and truly bites!

Or maybe you save your coupons to your phone so you don't have to worry about possibly forgetting your coupon organizer.  BRAVO!!!

What if I told you that you could save even more, in addition to what you are already saving with the coupons?  Would you be interested?  Sure you would and it's so simple.

There is an Application out there called Endorse and I ABSOLUTELY LOVE IT!!!!  Seriously, it's a great App and it can definitely save you money.

You have to have a Facebook Account to utilize this Application

On Thursday of each week, Endorse comes out with a list of products that you can earn cash back on.  For example, this weeks offerings are as follows:

McCormick Chili Dry Seasoning Mix - Up to 50% Up to $1.50
Zatarain's - Up to 50% Up to $3.00
Any Brand Coffee - 100% or $3.00
Nature Valley Protein Bars - 30% Up to $5.00
Dulce de Leche Cheerios - 20% Up to $3.00
Sierra Mist - 20% Up to $1.50
SoBe Lifewater - 20% Up to $3.00
Quaker Real Medleys - 20% Up to $2.50
Any Brand Cracker - 10% Up to $1.50
Any Brand Ice Cream - 10% Up to $1.50

Remember, each Thursday they come out with new cash back offers.

I'll use the coffee offer to explain how it works.  Say I go to Wal-Mart and I purchase the 30.6 ounce Maxwell House coffee for $7.99.  Now I use the printable coupon that is out for the $1.00 off one so I actually get the coffee for $6.99.  Then I upload a picture of the receipt to Endorse and I will get $3.00 cash back so I ended up paying $3.99 for the coffee after coupon and cash back.

Or, still using the coffee scenario....

I stop at Starbucks and grab a cup of my favorite Caramel Machiato and pay $4.29 (guestimation).  I upload the Starbucks receipt and get $3.00 back off the $4.29 so I only paid $1.29.

There are "Terms and Conditions" on each product and you need to pay attention to them to maximize your cash back potential.  For example, you could only purchase one coffee product to maximize the savings on that offer, however you could purchase more than one Sierra Mist product to meet the maximum $1.50

Say Sierra Mist is selling for $.99 a 2-litre.  Utilizing this week's offer, you would get $.19 cash back on one 2-litre bottle.  However, the terms and conditions are for up to $1.50 or 10 items, which ever comes first.  So using your basic math ($1.50 divided by $.19 = 7.8 or 7 bottles).  You could purchase 7 bottles to maximize your cash back on this offer.  It's important to read the terms and conditions.  Also note that if you are going to purchase more than one of the same item to maximize your cash back, they need to all be purchased at the same time on one receipt.

Remember that you can get cash back on items that you use coupons on but you will only get the percentage back on what you actually paid.  Say you are purchasing a product that has an offer of 20% back.  The product cost $4.00 and you have a $1.00 off coupon making it $3.00.  You will get 20% back on the $3.00.  By all means, please utilize the "Any Brand" offers.  You can really cut your cost there when you combine the coupons you have with the cash back offer.

Another thing to pay attention to are the offer upgrades.  Often they will offer a product at 20% cash back but you can upgrade it to 50% cash back if you are willing to share it on your Facebook page.  I always do this if it is a product I am going to purchase.

Payment Options - there are two payment options and they are both good.  One is to link your PayPal account to Endorse.  If you have a PayPal account then I highly suggest you do this.  The reason is that you can have your cash back earnings credited to your PayPal account at any time.  You don't have to meet a threshold.

If you don't have a PayPal account, once your account reaches $25.00 then you select cash out and you can request a check.

PayPal seems easier to me.

Couple of points to make:

1)  You have to upload a picture of the entire receipt.  Since I don't like to have to take multiple pictures of the same long receipt, if I am utilizing one of the week's offers, that is the only item I will purchase on that receipt.  Makes it easier.

2)  You have to make sure the picture of your receipt is clear.  They want to be able to see where you purchased the product from, date, time and product description, etc.  They can reject receipts if they can't read them so be sure and take a clear picture of your receipt.  When you upload your receipt you will get the option to link it to the offer you want to apply it towards.

3)  The offers are only good for one week and you have six days from the date of purchase on the receipt to upload the receipt to Endorse

4)  You can also upload receipts for other products you purchased but you won't earn cash back on these receipts.  You will however earn 5 points for every receipt you upload.  Once you have earned 50 points, then Endorse will send a voucher for a donation to DonorsChoose in your name.  I personally haven't done this but it is an option out there for you.

Another great way to cut your costs on groceries!  Don't forget to sign up here.



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