Best Cashback Offers Australia 2026: ShopBack vs TopCashback
Compare Australia’s top cashback platforms and discover which offers the best rates, sign-up bonuses, and features to maximize your savings in 2026.
Partner Stores
Sign-up Bonuses
Cashback Rates
If you’re not earning cashback on your everyday purchases, you’re leaving money on the table. Australians are saving hundreds of dollars annually by using cashback platforms, but with multiple options available, which one actually delivers the best value?
This comprehensive guide compares Australia’s two leading cashback platforms: ShopBack and TopCashback. We’ll break down sign-up bonuses, cashback rates, user experience, and help you decide which platform (or combination) will maximize your savings in 2026.
Quick Comparison
ShopBack: Australia’s Most Popular Cashback Platform
Overview
ShopBack has established itself as Australia’s leading cashback platform with over 2.5 million members. Founded in Singapore in 2014, it has expanded across Asia-Pacific and now offers cashback from over 4,000 retailers in Australia.
Sign Up Bonus
ShopBack offers sign-up bonuses when you meet specific requirements. The current offer varies by promotion, so check the latest ShopBack bonus here before signing up.
To qualify for your ShopBack bonus:
- Sign up via a unique referral link
- Make purchases totaling $50 or more through ShopBack
- Accumulate $20 of confirmed cashback (excludes bonus cashback)
- Complete all requirements within 180 days of signing up
Note: Check the latest ShopBack offer here as bonuses change periodically.
Key Features
Massive Store Selection: With over 4,000 partner stores, ShopBack covers virtually every category imaginable. Popular Australian retailers include Woolworths, Coles, Amazon Australia, The Iconic, Myer, Chemist Warehouse, BIG W, and Cotton On.
Upsized Offers: ShopBack regularly features “upsized” cashback rates, typically lasting 1-2 days. Recent promotions have included 20% cashback at First Choice Liquor, 15% at Expedia, and 12% at Agoda.
Gift Card Cashback: One of ShopBack’s standout features is instant cashback on over 200 gift cards. Buy gift cards for retailers like Amazon, JB Hi-Fi, Uber Eats, and Event Cinemas through the app and earn immediate cashback.
In-Store Cashback: Unlike many competitors, ShopBack offers cashback for in-person purchases at participating venues. Simply scan the QR code at checkout using the app.
Typical Cashback Rates
- Amazon Australia: Up to 8%
- eBay Australia: Up to 2.8%
- Booking.com: Up to 5%
- The Iconic: Up to 3.5%
- Myer: Up to 4%
- Nike: 2.6%
- Adidas: Up to 20%
- Apple: 1.3%
- Expedia: Up to 14% (upsized)
- Agoda: Up to 11% (upsized)
Rates accurate as of January 2026. Always check ShopBack’s website for current rates.
Pros
- Largest selection in Australia (4,000+ stores)
- In-store cashback via QR codes
- Instant cashback on 200+ gift cards
- User-friendly mobile app
- Regular upsized promotions
- Games and surveys for bonus earnings
Cons
- $10.01 minimum withdrawal
- Cashback takes 1-3 months to be payable
- Some users report tracking issues
- Customer support relies on AI chatbot
TopCashback: The Generous Newcomer
Overview
TopCashback launched in Australia more recently but brings international credibility from its UK origins (established 2005). With over 55,000 Australian members and 1,000+ partner retailers, TopCashback positions itself as “Australia’s Most Generous Cashback Site” by passing on 100% of retailer commissions to members.
Sign Up Bonus
TopCashback offers a $25 bonus for new members. Sign up to TopCashback here.
To qualify for your TopCashback bonus:
- Sign up via a referral link
- Earn $10 of payable cashback within 180 days
- Verify your account
Once you earn $10, you’ll receive your $25 bonus. The $10 qualification threshold is significantly lower than ShopBack’s requirements, making it easier to claim.
Key Features
Highest Cashback Guarantee: TopCashback’s standout feature is their “Highest Cashback Guarantee.” If you find a higher cashback rate elsewhere, they’ll match it and beat it by 10%. You can submit a claim and receive 110% of the competitor’s rate.
No Minimum Withdrawal: Unlike ShopBack’s $10.01 minimum, TopCashback allows you to withdraw any amount via bank transfer or PayPal.
100% Commission Pass-Through: TopCashback claims to pass on 100% of the commission they receive from retailers to members, which often results in higher standard rates.
Typical Cashback Rates
- eBay: 3%
- Myer: Up to 6.2%
- Apple: 2%
- TEMU: Up to 38%
- Compare The Market: Up to $200
- Dyson: 3.5%
- The Body Shop: 4%
Rates accurate as of January 2026. Check TopCashback’s website for current offers.
Pros
- No minimum withdrawal amount
- Highest Cashback Guarantee (110%)
- 100% commission pass-through
- Excellent Trustpilot rating (4.5/5)
- Simple, straightforward platform
- 8x Cashback Site of the Year winner
Cons
- Smaller retailer selection (1,000+ vs 4,000+)
- No in-store cashback options
- Limited gift card selection
- Some tracking complications reported
- Can take 6+ months for some retailers
Head-to-Head: Which Platform Offers Better Value?
Sign-Up Bonuses TopCashback Wins
While both platforms offer attractive sign-up bonuses, TopCashback edges ahead with a simpler qualification process. TopCashback’s $25 bonus requires only $10 in earned cashback versus ShopBack’s requirements of $50+ spend AND $20 confirmed cashback.
Store Selection ShopBack Wins
This isn’t even close. ShopBack’s 4,000+ partner stores vastly outnumber TopCashback’s 1,000+ retailers. While TopCashback covers major brands, ShopBack offers cashback on niche retailers, more grocery options, and everyday purchases.
Cashback Rates Tie
Both platforms offer competitive rates in the 5-7% range. TopCashback often has higher standard rates due to their 100% commission pass-through model, plus their Highest Cashback Guarantee. However, ShopBack’s frequent upsized offers can temporarily exceed TopCashback’s rates.
How to Maximize Your Cashback Earnings
Strategy 1: Use Both Platforms
The smartest approach? Don’t choose just one. Here’s how to maximize earnings:
- Sign up for both platforms: Get the ShopBack sign-up bonus and TopCashback’s $25 bonus
- Install both browser extensions
- Before each purchase, check rates on both platforms
- Use whichever offers the higher rate for that specific retailer
💡 Pro Tip: This multi-platform approach takes 30 seconds before clicking through but can result in significantly higher annual earnings—potentially an extra $50-100 per year.
Strategy 2: Stack with Credit Card Rewards
Combine cashback platforms with rewards credit cards for double-dipping:
- Earn cashback through ShopBack or TopCashback
- Earn credit card points on the same purchase
- Use cards with bonus point categories for triple-dipping
Strategy 3: Watch for Upsized Offers
Both platforms regularly feature time-limited promotions with significantly higher cashback rates:
- Enable push notifications on both apps
- Follow OzBargain for user-posted deals
- Check each platform’s “Upsized” section before planned purchases
Common Cashback Mistakes to Avoid
Mistake 1: Not Clearing Your Cart First
If you’ve already added items to your cart, your purchase might not track. Always clear your cart, close the retailer’s site, start fresh from the cashback platform, and complete purchase in one session.
Mistake 2: Using Ad Blockers or VPNs
Browser extensions that block tracking and VPNs can prevent cashback from being recorded. Before shopping, disable ad blockers, turn off VPNs, and accept all cookies.
Mistake 3: Not Reading Exclusions
Many offers have exclusions. Common exclusions include gift card purchases, sale items, specific brands, and unauthorized coupon codes. Always read the T&Cs.
Our Verdict: Which Should You Choose?
Choose ShopBack If:
- You want the widest selection of retailers (4,000+ stores)
- You value in-store cashback options
- You frequently buy gift cards
- You prefer an all-in-one cashback solution
Choose TopCashback If:
- You want the highest guaranteed cashback rates
- You prefer no minimum withdrawal amounts
- You primarily shop at major retailers
- You value simplicity and transparency
Our Recommendation: Use Both
The optimal strategy is to sign up for both platforms and compare rates before each purchase. This maximizes bonuses (potentially $45+ total), ensures you always get the best rate, and provides a backup if one platform has tracking issues.
Getting Started: Your Action Plan
1
Week 1: Set Up
- Sign up for ShopBack using the referral link
- Sign up for TopCashback using the referral link
- Install both browser extensions
- Download both mobile apps
- Enable push notifications for deal alerts
2
Week 2: Test & Learn
- Make a small test purchase on each platform ($20-50)
- Verify that cashback tracks correctly
- Familiarize yourself with the interface
- Join OzBargain and follow cashback deal threads
3-4
Weeks 3-4: Qualify for Bonuses
- Complete TopCashback’s $10 requirement
- Work toward ShopBack’s $50 spend + $20 cashback requirement
- Start comparing rates before every purchase
- Make planned purchases to hit bonus thresholds
∞
Ongoing: Maximize Earnings
- Always check both platforms before purchasing
- Watch for upsized offers and promotional periods
- Use gift cards for in-store cashback
- Stack with credit card rewards
- Share referral links with friends and family
Final Thoughts
Cashback platforms represent genuinely free money for purchases you’re making anyway. Whether you choose ShopBack’s comprehensive ecosystem, TopCashback’s generous rates, or use both strategically, you’ll start recouping 5-10% on most online purchases.
The key is actually using the platforms consistently. Install the browser extensions, enable notifications, and get in the habit of checking rates before clicking through. These small habits can easily add $200-500 to your bank account annually with minimal effort.
Start today—the signup bonuses alone are worth up to $45+, and that’s before you earn a single dollar in actual cashback.
Disclosure: This article contains referral links. When you sign up through these links, we may earn a commission at no additional cost to you. We only recommend products and services we personally use and believe will add value to your financial life. Cashback rates and bonuses are accurate as of January 2026 but may change. Always check the current offers on each platform before signing up.
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