Monday, April 5, 2010

Another Great Source of Passive Income: Mr. Rebates Referrals

Last week I received a deposit of $110 in my Paypal account but it wasn't from eHow. It was from another great source of passive income for me: Mr. Rebates. In fact, so far this year I've been paid  almost $500 from Mr. Rebates. My deposits have looked like this:
  • January: $240.14
  • February: $83.85
  • March: $62.47
  • April: $110.41
Most people know Mr. Rebates as a site where you can earn cash back rebates on your online shopping. They're great for that; I use them for a lot of my online shopping. But the fact is that of the $497 I've earned with them this year, only $2.50 was a rebate for shopping I did. The rest were referral commissions. You see, when you refer someone to Mr. Rebates you get 20% of the rebate amounts that they earn. Forever. And it doesn't cost the person you referred anything. Their rebates are the same either way.

There are other sites where you can earn money for referring people: Cashbaq, Ebates, and Big Crumbs just to name a few. But I've had the most success by far with Mr. Rebates. If you're interested in creating a passive income stream with Mr. Rebates here are some things you need to know to get started:
  1. Signing up with Mr. Rebates is free. In fact, it's better than free. You get a $5 signup bonus credited to your account.
  2. Mr. Rebates has over 2000 stores and many are places where you probably already shop: Dell, Overstock, JCPenney, and Best Buy to name a few.
  3. Mr. Rebates pays once a month You can request a payout via either check or Paypal once your account reaches $10 (including your signup bonus and any referral commissions). I used to request payouts sporadically but now that my referral commissions are more significant I request a payout monthly. 
  4. Mr. Rebates is rated 'A' by the Better Business Bureau. I have had numerous payouts from them for both shopping rebates and referral commissions and have never had an issue.
You can refer people to Mr. Rebates via a number of both online and offline methods. That includes flyers, business cards, article writing, emails, etc.If you're interested in using Mr. Rebates to create a passive income stream for yourself, I would suggest signing up for free (affiliate link), exploring the website and making a purchase or two through Mr. Rebates to see how it works, and then choosing one or more referral methods to begin referring others.

If you have any questions about Mr. Rebates or creating passive income in this way, don't hesitate to let me know. I'll be happy to answer anything I can. For more information about this type of residual income stream, see Make Money with Cash Back Sites. Or if you're just interested in saving some money on your online shopping, visit my blog Shopping With Mr. Rebates.

1 comment:

Kurazo @ earn cashback bonus said...

Now I just discovered a very good site to earn cash back rebates: Mr. Rebates! It really is convenient.

It makes me feel to have one now and then go online shopping as much as I want. All of you reading this article should have one too!


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