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iConsumer Cashback Checks
Earlier this year iConsumer (referral) stormed onto the portal scene with a very good cashback rate at eBay. While eBay cashback was capped, I know many of you used iConsumer given they were fairly aggressive with their rates across other stores as well.
Unfortunately iConsumer hasn’t been the easiest portal to get your money out of. Up until recently their policy was vague, but now it has been clarified:
We’re going to send you your money based on the following schedule:
No sooner than 90 days after your transaction has been reported to us, and after we owe you at least $25 you will go into the next check run.
If we don’t yet owe you $25 (based on same 90 days above), your money doesn’t go away, we’ll wait until we do owe you at least $25.
As of August 1, 2015, we are sending your Cash Back via check. We are working on implementing Paypal and ACH.
Well many of us began using iConsumer around January. This means that we have a 90 day wait until April for our money to be paid out. It also means that checks should be going out now and indeed it seems they are. Earlier I received the following email from iConsumer:
We’ve sent you a check covering your cash back and bonuses through January 31, 2016.
It was sent on Monday from Rome, NY.
FYI – we’re still working on getting PayPal or ACH implemented, but we didn’t want to wait for that.
The Waiting Game
I barely earned over $25 in cashback in January and earned much more in February, so I’ll have to wait another month until I get the bigger chunk of money. Still, this seems like positive news and while I have yet to receive my check (iConsumer please get ACH and/or PayPal soon), I thought I would post about this so you can share when you get yours.
Have you received a payout from iConsumer and was it all of the money you were expecting based on the rules? Let us know in the comments.
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.