The average household is due to spend £726 on Christmas, according to new figures by GoCompare. But there are ways to recoup some of this money by savvy use of cashback.
Here are six suggestions.
Earn cashback on your credit card spending
Cashback credit cards allow you to earn money back on what you spend.
American Express is currently offering 5% cashback worth up to £100 with its Platinum Cashback Everyday credit card or £125 with its Platinum Cashback credit card for the firs three months you have the card. The Platinum Cashback Everyday card is fee free but you will need to hand over a £25 annual fee for the Platinum Cashback card.
Right now, Amex is also paying a £5 credit to credit card customers who spend at least £10 at retailers enrolled in its annual Shop Small scheme.
Alternatively, there is the Santander All in One Credit Card, which offers 0.5% cashback on all shopping without any caps.
The card also charges no interest for 40 months on balance transfers and six months on new purchases. It does though have a monthly fee of £3.
The aqua Reward card also offer 0.5% cashback on all purchases and is a good option for those with a less than perfect credit rating.
Check out your debit card perks
TSB is offering new Classic Plus current account customers the opportunity to earn £5 cashback a month providing they spend at least 20 times a month on their card.
The Barclays Bank Account with Blue Rewards offers cashback when you spend with certain retailers.
The NatWest Reward Account also pays cashback when you shop via its MyRewards programme.
Other banks also have this sort of cashback deal in place. Lloyds has Everyday Offers and for Halifax customers it's Cashback Extras.
Shop through tracked links
These websites allow you to earn a percentage back on what you spend by shopping through tracked links.
Snap supermarket receipts
You just need to select an offer online, purchase the item in-store, take a picture of the receipt and upload it to your account to claim the cashback.
You could also try CheckoutSmart, which is an app that also allows you to earn cashback every time you go to the supermarket by choosing offers and uploading receipts to claim the cashback.
Get paid to search online
Qmee is a website that allows you to earn money on the online searches you do on Google and other engines.
You just need to install the Qmee Browser App, enter your search and a Qmee result will appear alongside your normal results. If you click on a Qmee result, you’ll get a cash reward.
It’s not a lot of money, but it can quickly add up.
Rack up loyalty points
Make sure you sign up to loyalty schemes at your favourite shops, such as Tesco Clubcard and Nectar, in order to earn points as you spend.
These can usually be converted into vouchers to use to get money off with the retailer or its partners.