Quidco
From Wikipedia, the free encyclopedia
Quidco is a UK reward website and the only cashback co-operative on the web. The site earns commission on users' online purchases, and passes that commission back to users in the form of rebates. The site has been referred to as "the choice for cashback kings" by The Guardian.
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[edit] The Quidco Co-operative Cashback Model
Quidco differs from most cashback sites in that instead of taking a proportion of referral income as commission the site instead charges a fixed annual membership fee of £5, which is taken out of the first £5 "earned" by the user. Historically, the trend in Reward websites is to take 50% commission and not charge a membership fee.
Another difference between Quidco and its competitors is that the site does not offer referral incentives to members who sign up new members. Quidco claims that this is because referral bonuses encourage spam as unscrupulous users try to increase their referral earnings.
[edit] Tracking
Purchases are tracked through various affiliate networks such as Tradedoubler Affiliate Future and Commission Junction. Tracking is possible by the use of cookies.
[edit] Payment
Quidco offers redemption of cashback via paypal or BACS.
[edit] External links
- Official Website
- Holiday Shoppers Head off High Street to Co-operative Website
- Martin Lewis, 08/10/2005 Cashback sites article The Guardian "Quidco, the choice for cashback kings".
- 'Cash back' websites lure shoppers, BBC RADIO 4'S MONEY BOX