This can be a paid article on behalf of JamDoughnut
JamDoughnut is a cashback app with a distinction. A distinction that may make a huge impact in your financial institution stability.
Cashback websites are acquainted to plenty of us now, the truth is a lot so there’s an nearly overwhelming quantity to select from. All of them do what they are saying on the tin. They reward customers with money for doing their purchasing or paying for providers by way of the cashback web site or app (usually by utilizing a referral hyperlink). However, often we now have to attend days or perhaps weeks (generally even months), to get our rewards.
With JamDoughnut you get your money immediately – actually as quickly as you affirm your buy.
How nice is that? Right here at MoneyMagpie we have been so impressed that we determined to strive it out for ourselves.
How does it work?
1. Purchase a Reward card
Not like different cashback websites or referral apps, JamDoughnut offers you cashback while you purchase a present card or reward certificates for the store or service you need to purchase from. So, quite than utilizing your debit or bank card, you purchase a present card and use that to finish your buy. (There are 100s of manufacturers to select from.)
You need to use your reward card in app, on-line or on the excessive avenue. You can too share or reward your reward card to another person. (An necessary level nonetheless is that the reward playing cards are non-refundable so ensure earlier than you buy.)
2. EARN POINTS
Each time you purchase a present card you earn factors that are transformed into money. These factors are collected in your JamDoughnut Jar (your pockets).
The quantity of factors you possibly can earn is totally different for every model or store. It may possibly vary from 3% – 20%. On common it’s round 7-8% of your whole buy. You’ll be able to see precisely what share you possibly can earn beneath the icon for every model.
You’ll be able to store at in style manufacturers like Morrisons, Boots, Currys and Airbnb!
3. FILL YOUR WALLET
Your JamDoughnut pockets can be known as a Jar. When you get to £10 or over, you possibly can withdraw the cash out of your pockets. It even tells you what number of extra factors it’s essential to earn with a view to get to the £10, which is an efficient incentive to maintain utilizing the app.
It truly is that straightforward! Purchase your reward playing cards, earn factors immediately, withdraw your money (£10 or over) out of your pockets everytime you need.
OUR EXPERIENCE
Our intrepid shopper, Rach, gave it a go.
“The app is accessible on iOS and Android. I’ve an Apple cellphone so I looked for JamDoughnut on the app retailer, discovered it with no downside and downloaded it.
Subsequent it’s important to register. This took lower than a minute. There was no want for a password, I merely clicked on a hyperlink they despatched to my e mail and the identical to my cellular quantity
I used to be then taken to a web page that confirmed me the entire obtainable outlets and eating places and many others. There are such a lot of to select from! It helps that they’re in classes resembling: Well being & Health; Residence & Backyard; Purchasing & Trend; Takeaway; Journey & Vacation.
I’ve not too long ago moved home so I tapped on “Residence & Backyard”. The app lists all types of retailers and web sites – from Bloom & Wild, B&M, B&Q, Ikea and Wayfair (to call only a few).
As I used to be scrolling I remembered that it’s Mom’s Day on Sunday so I assumed I’d check out Bloom & Wild. The very first thing that caught my consideration was that because it was my first buy I instantly earned a bonus within the type of an extra or free 200 factors which meant £2 was added to my pockets.
The directions are clear and easy. Faucet on “Buy Securely”, enter the quantity I wished to spend, then as soon as my fee was accomplished I used to be despatched a code to make use of on-line on the Bloom & Wild checkout. The app additionally defined that something I didn’t spend would stay obtainable to spend at a later date.
I paid for my reward card utilizing my checking account which was a easy click on by way of then affirm. One factor to notice although, is that you simply get much less money again – as much as 50% much less – if you buy by way of apple pay quite than utilizing your checking account.
Lastly, in daring letter it informed me that my cashback can be added instantly to my JamDoughnut Jar or pockets. It additionally clarified that I might use different vouchers and or loyalty codes with my JamDoughnut code to maximise financial savings and reductions.
All in all – very simple. I used to be impressed! What I notably preferred was that once I clicked on ‘buy securely’ the app informed me precisely how a lot I might earn again on every quantity obtainable to spend on the reward card.
I don’t actually use different cashback websites as I are likely to neglect they’re there however I’ll positively be utilizing JamDoughnut once more.”
OUR VERDICT
We predict this can be a sensible tackle a longtime methodology of incomes cash when purchasing. Very often we hear of people that have signed as much as cashback websites however have to attend a ridiculous period of time to reap the rewards. With JamDoughnut you don’t have to attend or do not forget that you’re owed a certain quantity after which waste time chasing it up or always checking to see if it’s arrived in your account.
There’s a actually good vary of in style excessive avenue outlets, eating places and bars to select from.
As our shopper discovered, it’s extremely simple to make use of. We additionally took a have a look at their evaluations on TrustPilot and so they rating a really spectacular 4.8 out of 5 and 93% of customers rated it 5 stars.
We additionally discovered that their refund coverage was higher than the acquisition of a present card so even you might be shopping for as a gift or money again you’ve gotten higher safety than and that is proven by their evaluations on TrustPilot that we now have learn.
Lastly, we expect this may be a implausible option to funds. You might purchase a present card for Asda, for instance, for £30 and that’s your purchasing funds proper there. Not solely does it enable you to persist with your allowance, you receives a commission to take action! (An Asda reward card offers you 3.4%, which is £1.02 for £30).
Click on right here for extra data on the app and how you can obtain it to your cellphone.
Disclaimer: MoneyMagpie will not be a licensed monetary advisor and subsequently data discovered right here together with opinions, commentary, options or methods are for informational, leisure or instructional functions solely. This shouldn’t be thought of as monetary recommendation. Anybody pondering of investing ought to conduct their very own due diligence.