Update, 12/13: Received an email from Nicki at Memolink saying that they updated their banner as a result of my analysis. The current banner touts “Limited time only HUGE point increases.” Much more accurate, and kudos to Memolink for their honesty in backing down from their initial claim.
You know I love a challenge. Although I had more important things to do today, when I saw Memolink’s banner claiming that they had the highest rebates online for a selection of their merchants, for a limited time, I had to put it to the test.
For the most part, I found that this claim was merely hype, although there were some notable exceptions.
I checked out 97 of the stores participating in Memolink’s increased cashback promotion and compared them to the rates available through Bing, Cashbaq, Ebates, Extrabux, FatWallet, MrRebates, and QuickRewards.net. For 23 of the 97 yes, they did have the highest rates I could find (although sometimes it might be by 0.2%).
BUT — for 36 stores, Memolink’s “highest rebates online” claim was pure hogwash — I found one or more rewards programs offering more, sometimes substantially more.
And for the remainder of the stores I examined, Memolink’s “highest rebates online” were just…average.
I posted a quick-and-dirty (not prettied-up) analysis of the rates, including the rates I found elsewhere, here. This may be useful for those of you who use my annual shopping rate comparison (which is postponed to January this year).
If you decide you’d like to go ahead and join one of the programs included in this analysis, here are the links (with my affiliate links included where available): Bing, Cashbaq, Ebates, Extrabux, FatWallet, Memolink, MrRebates, QuickRewards.net.