Canadian internet startup soars past 10,000 members

    Canadian shoppers cash in with Great Canadian Rebates

    TORONTO, Aug. 9 /CNW/ - - the first Canadian
website offering cash back rebates for online purchases - signed up member
number 10,000, just 15 months after launching its service.
    "This is a phenomenal accomplishment for us, and it also means a lot of
Canadians have much more money in their pockets," said
co-founder Mathew Pearce. "It's a bonus on top of the best deals on the web."
    In fact, one member in Surrey, B.C. has saved $2,519.84 so far, Pearce
said. The biggest cash rebate on one purchase totaled $203.13 on a $6,100 sale
at Canadian Tire. The average member has been using the website for six months
and has earned $35.18.
    Members earn cash back rebates when they sign in and make purchases on
retailing sites through the site. Each company offers
a specific amount in cash back rebates in terms of a percentage of the total
purchase or a fixed amount. Most merchants offer rebates in the 3% to 10%
range, but some retailers offer as much as 50% in cash back rebates. American
Express is offering $30 for applying for its credit card.
    Canadian favourites like Chapters.Indigo and Canadian Tire, along with
global giants like Apple, Expedia, Sony and American Express are just some of
the more than 300 retailers offering cash back rebates through Pearce said members have spent the most money at Dell
Canada, Canadian Tire and WestJet. Members using and
Expedia have saved more than $12 on every hotel room booked though the site.
    The site is free to consumers and is simple to use. Cash back savings are
paid to members bi-monthly via PayPal or cheque.
    Pearce said 48% of's customers are from Ontario,
13% from B.C., 10.9% from Alberta and 7.8% from Quebec. The service has
customers in every province and territory in Canada. also has a blog keeping members up to date on the
latest deals being offered. allows members to share
insider knowledge and compare deals. is 100% Canadian-owned and operated and has been
profitable since shortly after its launch in April 2006.

For further information:

For further information: Carolyn Swartz,, (416)
556-9230 or

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