Cheddar Review: £2 Bonus & Instant Cashback Explained

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Cheddar is a UK-based financial app that combines spending tracking with cashback rewards, aiming to help users manage their finances while earning money back on everyday purchases.

Cheddar prides itself on being the highest-rated UK cashback app on Trustpilot, with an "Excellent" score, reflecting strong user satisfaction.

How to Get the £2 Sign-Up Bonus:

New users can earn a £2 bonus by following these steps:

1. Download the App: Download the app here.

2. Sign Up: Register for a new account within the app.

3. Enter Referral Code: During registration, input the code SIDEGIG to qualify for the bonus.

4. Link Your Bank Accounts: Securely connect your bank accounts and credit cards to enable spending tracking and cashback features.

5. Purchase a Gift Card: Buy your first gift card (£10 or more) through the app to receive £2 in instant cashback, which can be withdrawn immediately.

What Cheddar Offers:

Cheddar provides several features to enhance financial management and savings:

• Spending Tracking: By linking your bank accounts, Cheddar categorises and monitors your spending across all connected accounts, offering insights into your financial habits.

• Instant Cashback: Purchase gift cards for various retailers through the app and receive immediate cashback, effectively offering discounts on your purchases.

• Automatic Categorisation: The app automatically sorts your expenses into categories, helping you understand and manage your spending patterns.

• Bill Splitting: Easily split expenses with friends or family via bank transfers using linked accounts, without needing to share account details.

Cheddar is known for its prompt payouts. Cashback from gift card purchases is credited instantly to your account, and the £2 sign-up bonus is available for immediate withdrawal after your first qualifying purchase. The app has received positive feedback for its reliability and user-friendly interface.

Maximising Earnings:

To enhance your savings with Cheddar:

• Regular Use: Incorporate the app into your routine shopping habits to accumulate cashback on everyday purchases.

• Referral Program: Invite friends to join using your unique referral code. Both you and your referrals can earn a £2 bonus when they purchase a gift card within 15 days of signing up.

• Compare Cashback Rates: Use our cashback comparison tool to compare the rates for your chosen shop on various instant cashback sites.

Click here for more free money offers!