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On 6th April Boom25 announced their closure, this blog post is for reference only.
Beginners Guide to Boom25
What is Boom25?
Boom25 is a Cashback site with a difference! Every 25th shopper wins back the total cost of their online shopping. The site sometimes run special offers where the winner is chosen with greater frequency, such as every 20th shopper will be a winner. While this still does not guarantee a win, there will be more winners chosen and so your chances of winning does improve.
How Do You Use Boom25?
In order to use Boom25, you need to sign up on their website. This is free to do. Once you have an account you should go through the website whenever you are shopping online. Type in the retailer that you want to shop at and click through to their site using the link from Boom25. Make your purchase as normal and you will be in with a chance to win your money back.
You will find a full list of retailers that work with Boom25 on their website. There are many clothing stores along with electronics stores and holiday companies. The chance to win the cost of your holiday back is not something that is found with any other cash back company.
Is Boom25 A Safe Website?
Boom25 is a website that basically operates in the same way as any other cashback site. It will track the purchases that you make when you click though to retailer from the Boom25 site. When you get to the retailer site, it will operate in exactly the same way as if you had gone to it directly. This means that all the security features that are in place to protect your personal information will still be active.
There is also encryption and security measures in place on the Boom25 site which will keep your personal details protected. You can use the site with confidence that it will be safe.
How Does Boom25 Earn Money?
When users click through to a site from the app, Boom25 will receive a commission on all sales that are made. They use this commission to build up a prize fund and it is this money that is paid to the winners. If anything is left over, then this goes towards the running costs of the business.
This is based on the same model as other cash back sites. However, where as they pay all their users a small percentage of the money they have spent, Boom25 pool all this money together to give a bigger percentage back to their members who win.
How Do You Know If You’ve Won On Boom25?
If you have won on Boom25, then you will receive an email notifying you of this win. You can also find a record of all your purchases and wins on your Dashboard when you log in to the site.
Boom25 need to wait for the retailer to let them know that your purchase has been approved. This means it may be some time after you have made the purchase that you are notified about being a winner.
How Long Does Boom25 Take To Pay Out?
The length of time that Boom25 takes to pay out will depend on the retailer. Once your cash back has been approved and you have been selected as a winner, then it can be withdrawn to your PayPal account.
Although you may have to wait for your purchase to be approved by the retailer, once you have been notified that you are a winner you should not have to wait more than a few days to receive the money into your PayPal account.
How Can I Withdraw My Boom25 Winnings?
Any winnings that you get from Boom25 can be withdrawn into a PayPal account. You will need to ensure that you have entered your PayPal email address correctly in your Dashboard area of the website.
Boom25 are unable to send payments to a bank account and so you will need to sign up for PayPal if you do not already have an account. The site also lets you use the PayPal of a friend or family member. If this is something that you choose to do, then you need to be absolutely sure that they would give you the money if you were to win.
Overview
There is no guarantee that you will win any money with Boom25, but it does not cost anything to take part. If you are lucky enough to win, you will win up to 100% of the money you have spent in that transaction back. This means even one win could give you back more money than you would get through a traditional cashback site over the course of a year. There are over 500 retailers signed up to Boom25, so there is a good chance that you will able to find the product you are looking for.