September 2, 2024

Maximise Your Savings: How Cheddar’s Gift Cards and Cashback Rewards Boost Your Budget

Discover the Benefits of Using Cheddar's Self-Use Gift Cards for Instant Cashback and Effortless Savings.

Luke Ladyman, Cheddar

Simplify Your Savings with Cheddar's Self-Use Gift Cards

Gift cards are just for gifting, right?

Thankfully not! In the fast-paced cashless world of innovative finance solutions, Cheddar's self-use gift cards are a game-changer, offering a simple and effective way to save money on your everyday purchases.

What Are Self-Use Gift Cards?

Cheddar’s self-use gift cards are digital vouchers that you purchase through the Cheddar app. When you buy a gift card for a specific retailer, like Tesco or Starbucks, cashback is instantly added to your Cheddar account. This means that you earn rewards just by spending as you normally would.

Self-use gift cards are available from most leading brands in the UK

How Easy Are They to Use?

Using Cheddar's self-use gift cards couldn’t be simpler. Once you purchase a gift card, the cashback is immediately credited to your Cheddar account. You can then use the gift card at the corresponding retailer, just like you would with a regular payment card. The whole process is seamless, ensuring you don’t need to change your spending habits to start benefiting.

Purchasing a £10 Starbucks self-use gift card. You get 9.5% or £0.95 cashback added to your Cheddar balance instantly.

Benefits of Using Self-Use Gift Cards

1. Instant Cashback: The moment you purchase a gift card, you receive cashback, which can be redeemed as cash to your bank account.

2. Effortless Savings: With Cheddar's rewards report features, you can track your savings and see how much you’ve earned using gift cards, compared to using a standard debit or credit card. Users can save over 2% of their total spend by switching to self-use gift cards.

3. Maximised Spending: By using gift cards for your frequent purchases, you ensure that every penny spent is working harder for you.

In 2024, self-use gift cards continue to be an essential tool for savvy savers, making Cheddar’s offering not just a convenience but a smart financial strategy.

By integrating these cards into your routine, you’re not just spending—you’re saving, effortlessly. Start using Cheddar’s self-use gift cards today with Cheddar's free app and watch your savings grOW!

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Cheddar Payments Limited is authorised and regulated by the Financial Conduct Authority. Our Firm Reference Number is 940075.