Letyshops: Recover your investment in online purchases
LetyShops is a cashback type site that promises to get back part of the money you spend when shopping online. But is this really true or are they just false claims? Let me tell you that you have come to the right place to find out.
In this review, you'll take a detailed look at what the site has to offer, so you know exactly what to expect before signing up. You will also be able to check if it is a trustworthy site or a waste of time. Let's move on to the first question.
What is LetyShops?
It is a site that returns a part of the money invested every time you buy in one of its 3032 associated stores. It is known that it has been operating since 2014 and that it belongs to the company Letyshops KFT, based in Budapest, Hungary.
- Status : Paying.
- Payments : PayPal and bank transfer from $5.
- Referrals : 1 level. You earn 15% of the cashback your referrals receive.
- Language : Spanish and English.
- Countries : Peru, Colombia, Mexico, Argentina, Brazil, United States, Spain, Portugal, France, Italy, among others.
How to use LetyShops?
The first thing to explain is how they can pay us. Basically, online stores pay cashback sites like this to attract new users. In this way, stores invest much less than hiring advertising.
Part of these commissions are intended for users of the cashback site. In such a way that the store obtains customers, Letyshops its part of the commission and its users the opportunity to buy recovering part of their money.
With this in mind, we are going to learn how to register for free. Right now they have a promotion where they give you premium for 7 days, in such a way that you get 30% more cashback for your purchases.
Click here to sign up for free
Once inside you will discover that there are 3 main ways to earn money. We are going to review each one so that you get the most out of it.
Option 1: cashback offers
There are two ways to take advantage of LetyShops cashback offers. The first method is to log in to the platform and choose the store where you want to shop.
You'll immediately see the refund rate for each store you can shop at. And if you click on a store, you will also see the additional conditions for the cashback reward, as well as how long it will take to credit your account.
After choosing where to buy, you must click on the "Go to the store" button. Once you are in the online store, simply proceed with the purchase as you normally would . Once the purchase is complete, the online store will know that you accepted the LetyShops cashback offer.
In general, the average waiting time for these cash back rewards to be credited to your LetyShops account is 30 days.
Rewards usually take some time to post because stores have to let the cashback period complete before a purchase is considered eligible for a cashback reward.
The other method is to use their browser extension available for Google Chrome, Opera, and Firefox. This extension will take care of reminding you that you can get a discount when you are visiting an online store.
The extension will turn green whenever you have a cashback offer available. In addition, it will show you some interesting data such as product price history, seller analysis, related products, and buyer reviews.
Option 2: Recommend products or stores
From the "Cashback without purchases" option you can create a link that redirects to a product or store associated with LetyShops. Every time someone buys under your referral link you will get the cashback, even if it was not you who bought.
To be in context, let's say you bought a Xiaomi Redmi Note 8 smartphone on AliExpress, the order arrived on time and the equipment works great. Why not earn by recommending that store or phone?
Option 3: Referral system
Let's say that after testing the site and earning some rewards you can see that the site is compliant and worth it. The most natural thing is that you want to recommend the site to your friends, the good news is that they will also pay you for this.
Simply share your invite link with the person you want to invite and once they sign up to the site using your link, they will become your referral. You will then receive 15% of the cashback reward your referral receives.
This commission will be covered by LetyShops and will not be deducted from what your referral earns. You can share your referral link via email, social media, or any other way you like.
So if you know a lot of people who like to shop online, this can be a good way to earn a passive form of income.
Their money back rates will typically range from 0.5% to 5% and can go as high as 30% . But what makes this site special, in my opinion, is its loyalty program. Each cashback reward advances you in the level of their loyalty program.
These loyalty program tiers will actually increase the percentage of cashback you can receive. They have 3 account upgrades: bronze, silver and gold. To reach the bronze level , you must earn $10 in rewards. Once you've reached that, you'll be entitled to 10% added to the basic cashback rate.
For the silver level , you must earn $50 in rewards and you will be entitled to 20% added to the base cashback rate. And as for gold status , you need to earn $150, which will earn you an additional 30% to the basic cashback rate.
Let me explain how this works. Let's say a store offers a 3% cashback rate. If you are at the bronze level, you will receive a 3.3% refund rate. In silver it will be 3.6% and in gold 3.9%.
It's not a huge increase, but it's still something added, and not many cashback platforms offer that kind of increase. So overall, I'd say LetyShops has decent earning potential.
How do you get paid?
Every cash back reward you receive will be stored in your LetyShops account balance. Once you have won $5 , you will be able to withdraw your winnings via PayPal or bank account .
It's a relatively low payment threshold that can be easily reached, especially if you buy a lot of things online. Once you have requested a payment, it will be processed within 1-3 business days .
This is a smart way to shop online, but again, you have to remember that cashback rewards will take time before they are credited to your LetyShops balance. So don't expect to be able to request a payment right away.
Can you use it on mobile?
Another great advantage of LetyShops is that it has a mobile application that you can download so that you can take advantage of the cashback offers comfortably. If you frequently shop online through your mobile device, this app will be a great help.
You won't have to open a web browser just to log into the site and access the rebate offers. You can simply use your app to check what cashback offers are available.
Also, their app is available for Android and iOS devices . So compatibility won't really be an issue. Their app is also very easy to use. You'll get used to how it works in no time.
Can you get support?
If you have any questions about the site, you can check their help page . It covers most of the important things you need to know about the site.
But if you can't find the answers, or if you want to dispute a claim for a cash reward that was denied, or if you're just experiencing technical issues, you can contact customer service by submitting a ticket.
Just scroll down their site and you will see a link to their Customer Support. If you are using the application, you can go to the support section to send the request.
Overall I would say they have a decent support system for their members because they give you a way to get in touch with their support team.
Opinions about LetyShops
LetyShops is a reliable cashback site that will actually pay you for taking advantage of their offers. It has a couple of nice features to offer and also has limitations that you should consider.
- Legally registered company
- Low minimum payment.
- You can collect through PayPal.
- Has a mobile application.
- Offers a loyalty program.
- You have to be patient to receive the cashback rewards.
- In some countries there are not many refund offers.
I like that they have a loyalty program that rewards users over the long term and I also like the fact that they have a mobile app that you can use. Therefore, if you are looking for a cashback site, LetyShops can be a decent option .
But if what you are looking for mainly is to earn without having to spend money, I recommend that you review the best pages to earn money with online tasks . All of the sites on this list have good earning potential and you will be able to earn without having to buy anything.
Also, you will definitely find a site that you can join no matter where you live.
If you have any comments, questions, or any experiences with this cashback site, I'd love to hear from you in a comment below.