Cashback Apps: Don't Let Your Savings Expire!

Don't Miss Out on Cashback: Check Expiry Dates to Avoid Losing Money Millions use cashback apps to save money, but many are unaware of expiry dates on bonus points and rewards. A recent video by the UK-based money-saving influencer 'This mum cooks' highlights this issue. 'This mum cooks' emphasizes the importance of regularly withdrawing cashback or using rewards before they expire. She states, "Otherwise, the cashback apps will keep it and you will lose out!" This is particularly relevant for those saving for larger purchases, like Christmas presents. The video uses the Jam Doughnut app as an example, explaining that bonus points expire after six months, while regular cashback lasts for twelve. To avoid losing out, 'This mum cooks' recommends transferring cashback to a separate savings account or pot each month, ensuring the money is secured. This simple step can make a significant difference in savings. This mum cooks' advice serves as a timely reminder for users to check their cashback accounts regularly and make sure they don't miss out on their hard-earned savings.