Lemoney Review
Lemoney offers exciting ways to shop online without stressing about your budget. Considering that you can get as much as 80% cashback, this is far better than cashback offers you’ll get anywhere. And you don’t have to do much besides shop using Lemoney. With over 1,700 stores to choose from, it’s highly likely you’ll find your favorite stores here. Note that PayPal is the only cashout option.
Pros
- 80% cashback with Turbo Cashback
- The platform is free to use
- Browser extension is easy to use
- Cashing out takes only 5 business days
Cons
- Getting cashback can take up to six months
- PayPal is the only payout option
Jump to: Full Review
Compare to Other Cashback Sites
Swagbucks
18 ways to earn money – surveys, coupons, cashbacks + $5 sign up bonus
Up to 10% cashback from stores – Walmart, Amazon, Best Buy, JCPenney
Most members can earn an extra $50 – $200 a month using Swagbucks
InboxDollars
Shopping online on mobile apps with a cashback rate of 1.5% to 15%
Earn money for scanning your receipts or trying featured daily deals
Over $80 million in cash rewards paid to members + $5 sign up bonus
MyPoints
Earn a $10 Amazon Card with your first purchase (spend $20 to qualify)
MyPoints members get up to 40% back with every purchase at 2,000 stores
Extra ways to earn money – surveys, games, emails, watching videos
How Does Lemoney Work?
Lemoney is a social rewards company launched in 2015 in Miami, Florida. Through its cashback website, users can shop and earn cashback from their purchases. As of writing, the company offers rewards and online cashback deals from over 1,700 stores.
Lemoney works like other rebate sites out there. You can start by going to its website and signing up. Once you have an account, you can start browsing featured cashback offers.
If you’re looking for a specific store, you can also use the search bar at the top of its home page. After selecting a cashback offer, the website directs you to the online store’s page. You’ll need to complete your purchase there to get the cashback.
Turbo Cash Back
However, it’s pretty unique compared to other online rebate sites because of its Turbo Cash Back feature. This feature allows users to get the highest cashback rate in their selected store. To use this feature, you’ll need Turbo Credits.
Users can earn Turbo Credits by completing tasks, such as inviting friends to use the app or downloading the Lemoney extension. There are also shops that reward Turbo credits on top of the cashback.
Your cashback goes to your Lemoney account and once you reach the $25 threshold, you can withdraw those. PayPal is the only option to cash out your earnings.
How Much Cashback You Can Get With Lemoney?
While Lemoney offers cashback deals of up to 80%, cashbacks at Lemoney depend on the stores you select and your purchases. It also depends on whether you use Turbo credits and how many credits you’re using.
According to its website, you can get up to 80% cashback by using Turbo credits.
Specifically, you can only use up to five credits and that automatically applies the highest possible cash back for your purchase.
You can still redeem cashback offers without Turbo credits. However, the percentage is significantly lower. For example, a store offers 80% cashback for five Turbo credits. Fewer credits may reward you a lower cashback percentage.
Here’s the credit to cashback percentage ratio:
- 0 credit = 9%
- 1 credit = 20%
- 2 credits = 38%
- 3 credits = 54%
- 4 credits = 68%
- 5 credits = 80%
After completing your purchase, most retailers pay cashback within four months. If you applied for cashback from a rental or travel website, cashback rewards usually go within six months.
Lemoney Reviews: Is Lemoney Legit?
Looking over its website and how it works, Lemoney seems pretty legit and safe to use. It also helps to know that other users rated it an average of 3.6 on Trustpilot.
To note some of their positive comments, some liked the timely payouts and its cashback rates. Others were impressed with the Turbo Cashback feature, as it helps them save significant amounts from their purchases.
Meanwhile, some users left 1-star ratings on the review website due to payout issues they encountered. Specifically, users expressed frustration over not getting their cashback for months.
Also, one user noted having only PayPal as a payment method. Noticeably, the Lemoney Team replied to these complaints and encouraged users to contact them through email.
Who is Lemoney Best for?
Lemoney is best for people looking to save some money when shopping online. Since this money-back website only works for US-based stores, you’ll need to reside in the US to use it.
Lemoney Partner Stores
Lemoney partners with more than 1,700 stores. You can use the Turbo credits in over 1,319 partner stores.
Here’s the list of some of the popular Lemoney partner stores that give cash back:
- Walmart
- Expedia
- Sephora
- Macy’s
- McAfee
- Kohl’s
- Disney
- Forever 21
- Wine.com
- Petco
- Groupon
Lemoney Features: What Does Lemoney Offer?
Browser Extension
You can download and install the Lemoney Browser Extension to Google Chrome. This lets you get alerts when cashback and coupons are available at an online store you’re on.
The browser also allows you to track your active cashback offers and use Turbo credits. Basically, it allows you to go directly to your favorite online stores, without going through the Lemoney website first. You also get one Turbo credit after installing it.
Coupons and Other Offers
Lemoney also has other offers to help you save money. Note that these offers may come in addition to cashback, further increasing your savings. Some of the common coupons and other offers available at Lemoney partner stores are:
- Free shipping
- Discounts
- But One, Get One deal
- Free gift with purchase
Referral Program
Suppose you have friends who enjoy online shopping and saving money. You can invite them to use Lemoney and both of you will get 3 Turbo Credits.
Note that your referral needs to complete a qualified purchase to get Turbo credits. This refers to a purchase of at least $25 within 30 days from their sign-up date. Purchases from travel and leisure stores are not included.
Is Lemoney Free?
Yes, Lemoney is completely free for all its users.
Lemoney Payout Terms and Options?
Once your account reaches the $25 minimum threshold, you can withdraw your money to your PayPal account.
Note that PayPal might charge a small transaction fee. Also, payment will reflect on your account within 5 business days.
What Are the Lemoney Pros & Cons?
Lemoney Pros
- You can use the Turbo Cashback to increase your potential savings
- The platform is free to use
- Its browser extension is easy to use
- Cashing out takes only 5 business days
Lemoney Cons
- Getting cashback can take up to six months
- There’s only one payout option – PayPal
How Good is Lemoney Support?
Lemoney offers several ways to contact their support team:
- Help button through its website
- Contact form
- Email: support@lemoney.com
Regardless which option you’ll choose, Lemoney will still get back to you via email.
Before reaching out to their support, it might help to go through the FAQ page first. You can browse for answers here, organized in topics so you can easily find them. There’s also a blog where you can read interesting articles about making and saving money.
Lemoney Review Verdict: Is Lemoney Worth it?
Lemoney offers exciting ways to shop online without stressing about your budget. The Turbo Cashback feature is a real game-changer, making this platform worth it.
Considering that you can get as much as 80% cashback, this is far better than cashback offers you’ll get anywhere. And you don’t have to do much besides shop using Lemoney.
With over 1,700 stores to choose from, it’s highly likely you’ll find your favorite stores here. Once you get over the initial shock of seeing offers on the website, you’ll find that it’s easy to navigate.
You can even get a better user experience by installing the browser extension. With it, you don’t need to go through the Lemoney website to shop. Just go straight to your favorite online store, like Walmart or eBay, and it will alert you for cashback offers.
Lemoney can still improve on some aspects, though. To start, the cashout option is limited to PayPal. Another thing they can work on is the customer support option, which is currently limited to email.
How to Sign Up with Lemoney?
Signing up to Lemoney only takes a couple of minutes. Through its website, just click on Join Now and enter any of the following:
- Facebook account
- Google account
- Email and password
Don’t forget to tick the checkbox next to Terms and Conditions and confirm you’re not a robot. It automatically logs you in so you can start shopping and getting cash back.
Lemoney FAQ
How does Lemoney make money?
When users go through Lemoney to shop on their favorite stores, these stores pay Lemoney commissions. Then, Lemoney takes a small percentage of the commissions and gives the rest as cashback to their users.
Can I have more than 1 account?
No, Lemoney only allows one account per person.
Will my cashback ever expire?
Yes, your Lemoney cashbacks will expire in 12 monhts if you don’t use it.
Can I earn cash back on in-store purchases?
No, as currently, Lemoney is only available for online purchases.
Is there a Lemoney app?
Currently, there’s no Lemoney app.
