Sign up to KidStart to give yours or a friend’s child a brighter future. Without costing you a penny, you could help contribute to their savings account. Plus, they give Amazon cashback for UK customers!
How much do you have tucked away for a rainy day? The worrying fact is, two-fifths of the working age population has less than £100 in savings. It’s a scary thought, but not completely unexpected. We live in an age where you can more or less get anything you want on credit, which has taken away a major incentive for saving. I have certainly been guilty of it in the past and only recently have I started saving properly.
But, as a nation, how do we get people back into the saving habit? One great option is to encourage our children to start as soon as they can.
I was lucky enough to receive a savings bonus from the government for my oldest 2, which gave a really good kickstart to their accounts. However, this was scrapped by the time my youngest was born and so I have found it tougher to save for her.
However, a company called KidStart has come to our rescue. Taken from their website:
KidStart is a free shopping club for parents, grandparents, family and friends. Once registered, a percentage of what you spend online at hundreds of well-known retailers (and for some what you spend in store) will be collected and put by us into your child’s or children’s savings account.
For those of you familiar with TopCashback and Quidco, earning works in exactly the same way. Log in to your KidStart account, find the retailer you want to shop at, click the link and make a purchase as usual. Your cashback will then be added to your account.
You can even register your debit or credit card. That means if you decide to buy something in store (just like the 1990’s) from a participating retailer, use your stored card and cashback will automatically be added to your KidStart account.
How do you withdraw money?
Money can only be withdrawn into a child’s savings account. But this child doesn’t have to be yours, it could be a relative’s or friend’s. In fact, the child doesn’t even have to be born yet. You can start collecting cashback now and decide at a later date who you will be donating the money to.
How does it compare to TopCashback and Quidco?
The cashback rates offered by KidStart are slightly lower than TopCashback and Quidco. However, it has one big advantage – it offers Amazon cashback! If you’re a regular Amazon user, and many of us are, then KidStart is a must to sign up for.
And the benefits don’t stop there. They offer a generous referral program. Get your friends and family to sign up and once they reach £5, you receive £5.
Which other retailers are included?
Argos, B&Q, ASOS, GAP, Game, eBay, Sky, Mothercare and Smyths (another store you will rarely find cashback from on other sites) are just a few that are included. In fact, they have over 1500 stores to choose from.
Should I join?
Definitely. Even if you use other cashback sites or you have nobody to send the money to at the moment, it’s still worth collecting from the likes of Amazon and Smyths. Plus, it won’t cost you a penny.
And if the idea of earning when you spend really does tickle your fancy, take a look at these cashback credit cards.