Cashback Monitor: How To Maximize Your Points

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If you aren’t taking advantage of shopping rewards sites and portals, you could be missing out on a significant source of savings. These sites allow you to earn cash back or other rewards on purchases from select retailers.

Cashback Monitor is a platform that tracks multiple cash back and rewards portals on your behalf so you can quickly determine which portal to use to get the biggest rewards. This guide explains how Cashback Monitor works and which features may help you maximize your shopping rewards points.

What You’ll Learn

  1. What Is Cashback Monitor?
  2. How To Use Cashback Monitor
  3. Cashback Monitor Account Features
  4. The Cashback Monitor Bookmarklet
  5. What Sites Are Like Cashback Monitor?

What Is Cashback Monitor?

Cashback Monitor is a free tool that tracks the rewards offerings of 48 shopping portals and over 15,000 retailers in one interface, allowing you to get the most rewards and benefits possible when you shop. The types of shopping portals it monitors include:

  • Cash-back shopping sites, such as Rakuten and BeFrugal
  • Credit card shopping portals, such as the Chase Ultimate Rewards portal
  • Travel miles and rewards portals, such as Delta SkyMiles or Wyndham Rewards Shopping
  • Other rewards portals, including Swagbucks and Capital One Shopping

How Does Cash Back Work?

Most portals reward you with a fixed amount or percentage of cash or points back on purchases you initiate through the portal, although every cash-back shopping site works a little differently. Depending on the portal, you may have a few options for receiving your cash back, such as via check, gift card or PayPal.

Make Your Money Work for You

How To Use Cashback Monitor

Cashback Monitor doesn’t require you to sign up to access its primary features. It has an easy-to-use interface that allows you to perform a quick search to determine which shopping portals are offering the best rewards.

The following steps walk you through using Cashback Monitor’s primary features:

1. Search for a Store

Start by performing a general retailer search using the search box on the site’s top toolbar. Once you locate the desired retailer, you can view the rewards offered by all shopping portals monitored on the site, whether the rewards are in the form of cash back, points or miles.

You can also limit search results to a specific type by filtering the search through one of the category tabs on the top toolbar.

2. Check a Store’s Best Rate History

If you’re wondering if any shopping portals ever offer more cash back or points than the current offerings, you can click on “View Best Rate History” from any store page on Cashback Monitor. You’ll see a history of rewards for the store, including the maximum reward offered and the frequency.

The rate history can help you determine the best time to purchase certain items based on the historical trends.

3. Select a Shopping Portal

Once you’ve determined which shopping portal will provide you with the most cash back or points, click the portal link to access the store page and begin your online shopping trip.

Cashback Monitor Account Features

By signing up for a free Cashback Monitor account,  you’ll gain access to a few convenient features that might make using Cashback Monitor easier:

Make Your Money Work for You

Assign Value to Miles and Points

Comparing cash-back rewards from different portals is straightforward, but comparing a cash-back shopping portal to a points-based shopping portal is not so easy. Cashback Monitor attempts to solve this problem by allowing you to assign a dollar value to your miles and point-based rewards.

For instance, if you have a Chase Sapphire Preferred card, you can earn Chase Ultimate Rewards points when you use your card to shop through the Chase Ultimate Rewards portal. But deciding whether you should shop through the Chase portal or Rakuten can be challenging when one rewards cash back and the other rewards points.

If you know how much a Chase Ultimate Rewards point is worth, you can assign a dollar value to it in Cashback Monitor. Then, when you compare Chase’s points to Rakuten’s cash back, you can see which will provide you with the best dollar value.

Configure My Monitor

The Configure My Monitor feature allows you to save up to eight shopping portals and 20 retailers. You can quickly access a snapshot of the rewards offered through your preferred shopping portals from the My Monitor tab.

Set Rewards Alerts

You can set an alert to receive a notification when the rewards for a selected retailer reach a certain amount, such as 5% cash back. You can set up to 10 alerts that the system checks daily. View alerts on the Cashback Monitor site or choose to get an email if your desired rewards amount is detected.

The Cashback Monitor Bookmarklet

If you shop on a computer, the Cashback Monitor Bookmarklet lets you jump from a specific retailer’s website to the retailer’s rewards page on Cashback Monitor.

Make Your Money Work for You

For instance, suppose you are shopping on the Sam’s Club website. You can click the “CBM Check Rewards” bookmarklet from your browser to open the Sam’s Club page on Cashback Monitor. Then you can easily see which shopping portals offer rewards on Sam’s Club purchases. The bookmarklet is available on Chrome, Safari and Firefox browsers.

Which Sites Are Like Cashback Monitor?

There aren’t many other sites that allow you to compare rewards offerings of different shopping portals, but a few similar sites include:

  • CashbackHolic: Compares rebates from dozens of online shopping portals for over 10,000 stores
  • CashReporter: Includes cash back offers for hundreds of stores
  • CashBackBin: Claims to be the largest cash back comparison site available, with over 16,000 stores included
  • Evreward: Offers search by store or rewards portal and guarantees cash back from some retailers

Final Take

If you want to earn as much cash back, points or miles as you can when shopping, you might consider giving Cashback Monitor a try. One major benefit is that you can sign up for a free account and quit any time, so you can easily monitor your most-used shopping portals and favorite retailers for the best rewards as long as you want.

To really maximize rewards when shopping, go to the portal offering the most significant rewards and then pay for your purchase with a cash-back rewards credit card. However, cash-back cards are only worth it if you can pay off your monthly balance, so avoid getting so caught up in earning rewards that you make unnecessary purchases simply to earn rewards.

Make Your Money Work for You

Information is accurate as of April 27, 2023, and is subject to change.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.


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