If you’re a parent, childcare could be one of your biggest expenses. Did you know there’s a way to get cashback if you pay your childcare fees through the Government’s tax-free childcare scheme? In this post I’ll outline exactly how to get 2% cashback on every deposit you make into your childcare account.
How do you get 2% cashback on tax-free childcare payments?
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- Create a Zilch* account. (If you use my Zilch referral link* you’ll get 500 bonus points worth £5!)
- On the Zilch homepage under ‘Browse Shops’ select ‘Try Zilch Anywhere’.
- Select ‘Pay it all now, earn 2% back’ and click continue.
- Click ‘Enable card’ (this isn’t a physical card).
- Sign into your Gov.uk childcare account as normal.
- Click ‘Your Tax-Free Childcare account’ then select ‘Manage account’.
- Choose ‘Pay money in’ and click to pay via debit card.
- Use your Zilch card details to make the payment. That’s it! Your cashback (Zilch rewards) will appear in your Zilch account!
What is Zilch?
Zilch* is a website and app that allows you to pay in full or buy now and pay later with a virtual Zilch card. Zilch is powered by Mastercard, and you can use the Zilch Anywhere feature to pay wherever Mastercard is accepted! If you choose to pay in instalments, you won’t get cashback. Plus, you’ll be charged a fee. So, make sure you select ‘Pay it all now, earn 2% back’.
How do you use your Zilch rewards?
Next time you make a purchase using Zilch, simply toggle your reward on when you enable your card.
What else can you use Zilch for?
You can use Zilch Anywhere to pay most bills while benefiting from 2% cashback! If Mastercard is accepted, you can use Zilch Anywhere. You can also find money saving deals on top brands on the Zilch website so it’s worth checking before you make a purchase. Plus, you can refer your friends and family to earn rewards. Always remember that Zilch charges a fee to pay in instalments so please keep this in mind.
Interested in other ways to save some cash? Take a look at the save money section of my blog.