Sunday, May 28, 2023

JamDoughnut – the Immediate Cashback app

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Studying Time: 5 minutes

This can be a paid article on behalf of JamDoughnut

JamDoughnut is a cashback app with a distinction. A distinction that may make a big effect in your financial institution steadiness.

Cashback websites are acquainted to plenty of us now, in actual fact 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, normally we’ve got to attend days or even weeks (generally even months), to get our rewards.

With JamDoughnut you get your money immediately – actually as quickly as you verify your buy.

How nice is that? Right here at MoneyMagpie we had been so impressed that we determined to attempt it out for ourselves.

How does it work?

jam doughnut

1. Purchase a Reward card

In contrast to different cashback websites or referral apps, JamDoughnut provides 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 should use your reward card in app, on-line or on the excessive avenue. You too can share or reward your reward card to another person. (An necessary level nevertheless is that the reward playing cards are non-refundable so make sure 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 may earn is completely different for every model or store. It might 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 may earn beneath the icon for every model.

You’ll be able to store at fashionable manufacturers like Morrisons, Boots, Currys and Airbnb!

 

3. FILL YOUR WALLET

Your JamDoughnut pockets can also be known as a Jar. When you get to £10 or over, you may withdraw the cash out of your pockets. It even tells you what number of extra factors you should earn in an effort to get to the £10, which is an efficient incentive to maintain utilizing the app.

It truly is that easy! 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 out there on iOS and Android. I’ve an Apple telephone so I looked for JamDoughnut on the app retailer, discovered it with no downside and downloaded it.

Subsequent you must register. This took lower than a minute. There was no want for a password, I merely clicked on a hyperlink they despatched to my electronic mail and the identical to my cell quantity

I used to be then taken to a web page that confirmed me the entire out there outlets and eating places and so forth. There are such a lot of to select from! It helps that they’re in classes akin to: Well being & Health; Residence & Backyard; Procuring & Vogue; Takeaway; Journey & Vacation.

I’ve lately moved home so I tapped on “Residence & Backyard”. The app lists all kinds of outlets 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 believed 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 a further 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 out there 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 verify. One factor to notice although, is that you just get much less money again – as much as 50% much less – if you are going to buy by way of apple pay quite than utilizing your checking account.

Lastly, in daring letter it advised me that my cashback could be added instantly to my JamDoughnut Jar or pockets. It additionally clarified that I may use different vouchers and or loyalty codes with my JamDoughnut code to maximise financial savings and reductions.

All in all – very easy. I used to be impressed! What I notably appreciated was that once I clicked on ‘buy securely’ the app advised me precisely how a lot I might earn again on every quantity out there to spend on the reward card.

I don’t actually use different cashback websites as I are inclined to overlook they’re there however I’ll positively be utilizing JamDoughnut once more.”

OUR VERDICT

We expect this can be a good 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 keep in mind that you’re owed a specific amount after which waste time chasing it up or consistently checking to see if it’s arrived in your account.

There’s a actually good vary of fashionable excessive avenue outlets, eating places and bars to select from.

As our shopper discovered, it’s extremely easy to make use of. We additionally took a take a look at their critiques 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’re shopping for as a gift or money again you’ve higher safety than and that is proven by their critiques on TrustPilot that we’ve got learn.

Lastly, we predict this may be a unbelievable approach to funds. You would purchase a present card for Asda, for instance, for £30 and that’s your purchasing funds proper there. Not solely does it assist you follow your allowance, you receives a commission to take action! (An Asda reward card provides you 3.4%, which is £1.02 for £30).

 

Click on right here for extra info on the app and the right way to obtain it to your telephone.

 

DisclaimerMoneyMagpie is just not a licensed monetary advisor and subsequently info discovered right here together with opinions, commentary, ideas or methods are for informational, leisure or academic functions solely. This shouldn’t be thought-about as monetary recommendation. Anybody considering of investing ought to conduct their very own due diligence.



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