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What is Airtime Rewards and How Does it Work?
Airtime Rewards is an app that lets you save money on your phone bill each month. It is a cashback site but instead of paying you in cash, the money is paid to your mobile provider to cover part of your bill.
When you sign up to Airtime Rewards you will be asked to link your debit card to your account. After you have done this, you will earn cash back whenever you spend money at a retailer that is partnered with Airtime Rewards using that card. This means that you are able to earn for purchases that are made both online and in-store.
You should allow 24 hours after registering your card for it to become active. You will be notified when your card is activated. Any purchases made before activation will not be eligible for rewards.
You will also be asked to verify your phone number during the sign-up process. This verification process will also establish whether your mobile account is one that is compatible with the scheme. You will receive a pin code as a text message which you will then have to enter into the app to complete the application process.
Is Airtime Rewards Free?
In order to use Airtime Rewards you will need to download a free app. There are no in-app purchases you need to make and so the service is completely free to use.
There are also no charges for linking your debit card to your Airtime Rewards account. You will not receive any charges associated with Airtime Rewards for using the card that is linked with your account.
The reason that Airtime Rewards does not have to charge users for the service it provides is because it makes money from the retailers that it partners with. These retailers will pay them a commission for every sale that is eligible for cash back. This commission is used to provide users with their rewards but it also provides funds for operating the business.
Which Mobile Networks Does Airtime Rewards Work On?
Currently you are able to use Airtime Rewards if you are on one of the following mobile networks.
You do not have to contact your mobile phone company as Airtime Rewards will take care of this for you. If you are not sure whether your mobile network is eligible for rewards, then you can contact Airtime Rewards through their website.
Is Airtime Rewards Safe?
Airtime Rewards is an encrypted website which helps to keep all of your personal information safe. The platform is fully PCI compliant and integrated directly with Mastercard and Visa.
All card data will be completely removed from the platform if you decide to delete your card, and you can do this at any time.
No details of the purchases that you have made will be disclosed to your mobile phone company. They will receive payment from Airtime Rewards which will be allocated to your phone account, but no other details about the transactions with Airtime Rewards that have taken place will be shared.
Airtime Rewards has been operating since 2015 and there have been no major issues reported in this time of any data breaches, or people not receiving the money that they were owed. It has a link on the website to TrustPilot where it has a score of 4.8/5 which indicates that it is a company which is well trusted.
How Much Can I Earn?
Retailers that work with Airtime Rewards will give you between 1% and 10% of the money you have spent as cash back. There is a full list of retailers and the cash back rates that they offer within the app.
There is no limit to the amount of cash back you can earn, and so it is possible for people to be able to pay their whole bill using Airtime Rewards.
The site has paid out over £4 million in rewards since 2015 and so there is certainly a lot of potential to save a considerable amount on your phone bill each month.
When you go into the app, you will be able to see how much you have earned towards your current redemption, as well as your total earnings since the app was first downloaded.
How Do I Redeem Rewards?
When you shop using a card that you have linked to your Airtime Rewards account, you will receive cash back automatically.
It can sometimes take up to 35 days for this cash back to reach your account. This is standard practice as it allows enough time for the item to be returned, which would void the cash back.
Once you have reached the payment threshold of £10 this can be redeemed your phone bill. If you are on pay-as-you-go, the money will be added to your account as credit.
This credit will only remain valid for 90 days. You should allow 24 hours from the time you have redeemed your rewards for the transaction to appear on your bill.
When Will I Know When New Retailers Have Been Added?
There are over 80 retailers that have partnered with Airtime Rewards, but new retailers are being added all the time.
You will be notified when a new retailer has been added via email or push notification on your phone.
If you want to receive these notifications, then you need to make sure that you have given permission for the app to send them. This can usually be done in the settings menu of your phone.
You also need to ensure that you have entered your email address correctly in order to be notified in this manner. These contact methods will also be used to let you know when your purchases have been approved.
Airtime Rewards is a simple way to save money on your phone bill. By linking your debit cards to the site, then you will be earning money for things that you would be buying anyway. There is no need to enter codes to redeem points or upload receipts, as any spending you do at participating stores will automatically be tracked.
One thing to be aware of is that you should only view any money you do save through the app as a bonus. If you buy things you do not really want just to get the cash back, then you are not really saving anything in the long run.