Black Friday Cashback Tips: Maximize Savings in Canada
CCM TeamNovember 20, 20245 min read
Black Friday Cashback: Canadian Shopper's Guide
Black Friday is the biggest shopping day of the year, and it's also when cashback rates reach their highest. Here's how to maximize your savings.
When Cashback Rates Increase
- Week before Black Friday: Rates start climbing
- Black Friday: Peak rates (often double or triple)
- Cyber Monday: Similar high rates continue
- After Cyber Monday: Rates gradually return to normal
Best Strategies
1. Create Accounts Early
Don't wait until Black Friday to sign up for cashback sites. Create accounts at:
- Rakuten
- Great Canadian Rebates
- Aeroplan eStore
- AIR MILES Shops
2. Compare Rates
Rates fluctuate during sales. Check Canada Cashback Monitor throughout the day to find the best rate.
3. Use Wish Lists
Add items to your cart or wish list beforehand. On Black Friday, you can quickly click through cashback sites and complete purchases.
4. Stack Deals
- Store discount + Cashback site + Credit card rewards
- This can easily save you 30-40% on purchases
Common Mistakes to Avoid
- Not clearing cookies before clicking through
- Using coupon codes that void cashback (check terms!)
- Shopping directly instead of through cashback portal
- Forgetting to check rates - they change frequently
Best Categories for Cashback
- Electronics: 2-5% typical, up to 10% on Black Friday
- Fashion: 5-10% typical, up to 15% on Black Friday
- Home goods: 3-8% typical, up to 12% on Black Friday
After Shopping
- Save confirmation emails
- Track your cashback in each portal
- Report missing cashback within 30 days