Ste Not Work Safe
Joined: 01 Sep 2002 Karma :
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Posted: 04:44 - 15 Mar 2018 Post subject: 2% cashback on Amazon purchases, into child's saving account |
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"However there is one way to bag 2% cashback to pass on to your kids (or someone else’s). KidStart gives you money back on purchases from Amazon and 1,500 other shops – the catch you need to use it towards a child’s savings.
You don’t need to be a parent though. The child can be yours, a grandchild or a friend’s little one. It can even be a twinkle in your eye that you plan to have one day (though you need the child’s name and actual or expected date of birth to withdraw the cash). You don't need to actually withdraw money to a separate child's account either - you can simply use your own current account.
You MUST be legitimately saving for a child though. Kidstart says it has ways of checking and if it suspects you're not, it could wipe the savings in your account.
- Sign up to KidStart (it's free). You don't need to add a child's details to start earning cashback - you can add them later.
- Log in and click KidStart’s link to visit Amazon. Your visit is then tracked and an amount is put into your KidStart account once the transaction's processed.
- Once you've reached the £10 threshold, you can withdraw your cash. Before you take the money out you must add a child, enter their name and date of birth, then link that profile to a Child Trust Fund, junior ISA or bank account (though this doesn't have to be the child's - it can be your own current account)."
https://www.moneysavingexpert.com/shopping/cheap-amazon-loopholes#kidstart |
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