TopCashback is a site which allows you to earn a small amount of cashback from your day to day shopping by clicking through to participating online shops from its site.
It is very similar to Quidco if you are a member of that site. British Airways and Virgin have their own shopping portals as well, except that you earn miles instead of cash.
When Tesco Clubcard pulled out of their partnership with TopCashback recently, there was much gnashing of teeth. Converting your cashback from your internet shopping to Clubcard meant that you were effectively buying Avios for 0.4p each.
When the Tesco deal ended, you could still transfer your TopCashback cashback directly to Avios points. It wasn’t very attractive, however, because you were effectively paying 1p per Avios point. This is more than I am willing to pay unless I have a definite use for them.
On Friday, TopCashback launched a 25% bonus for converting TopCashback money into Avios points. I am assuming that this is a permanent offer. I am also assuming that British Airways is funding it in an attempt to make up the loss of revenue from people who converted from TCB to Tesco to Avios.
For every £1 of cashback you transfer to Avios, you will now receive 125 points. This means that you are paying 0.8p per point.
0.8p is a lot more interesting to me than 1p. My threshold for doing anything to gain Avios points is that the points must cost less than 0.75p. I know I can hardly fail to be better off when I redeem.
Of course, my target of 0.75p is lower than the 0.8p you pay here. However, I don’t need to do anything apart from telling TCB to send my cash to British Airways instead of my bank account. It’s not as if I will be eBaying a pile of LEGO to end up with points for 0.8p …..
TopCashback is therefore officially ‘back in the game’ as a way of accumulating Avios points efficiently. All of those readers who said that were switching to Quidco (‘more reliable’) for their cashback may decide to change their minds …..
625 Avios points for joining TopCashback
Until 10am on 3rd October, you can get 625 Avios points when you join TopCashback via a referral link. This is a great opportunity to pick up some easy points.
Until 3rd October – when you use our referral link – you will receive £5 into your TopCashback account as a bonus when you have earned £10 in cashback. This will convert into 625 Avios with the new ‘25% transfer bonus’.
If you sign up using the general link on the TCB website then you will not receive the £5 bonus. It is only valid if you are referred by a friend.
There are two membership levels at TopCashback – a FREE version and a £5 annual fee version. The £5 level pays slightly higher cashback and has improved customer service if you have any problems. To be honest, I would start at the free level until you have decided that you like the site. You will need to change your account settings once you have signed up to move yourself onto the free version.
We also receive a bonus for referring you which helps keep Head for Points ticking over.
You may NOT see this offer advertised on the TopCashback site. However, you will definitely get your points as long as you use a refer-a-friend link to join.
How do I receive my 625 Avios points?
The way this works is a little complex. You need to earn £10 in cashback before you receive the £5 but there is NO TIME LIMIT on this.
Once you have earned £10 commission, £5 will be placed in your TopCashback account. If you transfer this to Avios, you will receive 625 points. You are also free to withdraw it as cash.
If you are not already a TopCashback member, you should open a TopCashback account now and use it as the starting point for your day-to-day online shopping.
If you are already a member, consider referring your partner or adult children. Do not open a second account for yourself as that is against TCB rules.
You can start earning cashback immediately through some of their ‘free money’ offers. For example, Confused.com pays £2.40 for getting a free car insurance quote. Money from confused.com cannot be moved to Avios (BA blocks some merchants who conflict with its own partners) but does count towards your £10 for triggering the £5 bonus.
As long as the new ‘25% bonus on transfers to Avios’ is permanent – and there is no sign that it isn’t – TopCashback is a good way of picking up an unlimited amount of Avios points for 0.8p. You obviously need to generate enough cashback in the first place but there are plenty of high paying offers on products such as home and car insurance.
If you currently use Quidco then you should move across to TCB, at least until you have earned enough to trigger the 625 Avios bonus.
Our refer a friend link is here. The deadline to sign up and receive the £5 bonus is 3rd October.
How to earn Avios from UK credit cards (September 2022)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
There are two official British Airways American Express cards with attractive sign-up bonuses:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.
EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.
Run your own business?
We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,000 Avios.
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.