Collecting Cash is Easy



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 Rick’s father shook his head. “It doesn’t make sense. You grind your own coffee, when the  store does it for free, and then you go pay someone to plow your driveway, instead of shoveling it yourself for nothing.” He had said this type of thing before and no matter how Rick answered it his father thought he was kind of dumb. Rick always imagined this grandfather laughing at his Dad for buying vegetables at the grocery store instead of growing a garden.

 It’s all in your perspective things change and not everyone looks at things the same way. Some people drive 20 minutes to save 5 cents on gas, or shop at 3 Grocery stores to get the best deal. Others couldn’t be bothered to take the time to save a few dollars.

When Frequent Flier points were first introduced in the early 1990’s it took a long time to catch on. Many people did not understand the benefits. Now over two-thirds of shoppers collect loyalty points of some type.   

 Cash Back sites like yhoti have a similar challenge. Shoppers don’t realize that they can easily get cash for doing what they are already doing – shopping online.

Frequent Flier points verses Cash Rewards how do they compare?

  

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   It is tricky to get an exact value for points as there are many ways to collect and spend them. For this example I looked at regular shopping and using the points for a flight.  Most loyalty programs pay points in a range of 1 for every $20 to $50 spent depending on the purchase.  A round trip from Toronto to New York in May requires 1,400 points. Air Canada quotes this at $266 plus fees and taxes. If you collected your points at 1 for $20 spent you would have to spend $28,000 to get 1,400 points.

 If you spent $28,000 on yhoti with an average of 3% Cash Rewards you would get $840 in Cash. A difference of $574, but don’t forget - you can still collect the points using your credit card.

  So if you are a points collector why not consider collecting Cash with yhoti. Membership is free and you just need to log in before you shop online – that’s it.



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