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Ebates.com Doubles Cash Back for Cyber Monday 2.0

Posted on: Monday, 15 December 2008, 05:00 CST

Site Announces Cash Back Increases at 100+ Online Stores on December 15th Thanks to Record Sales This Holiday Season

SAN FRANCISCO, Dec. 15 /PRNewswire/ -- Ebates.com, the leader in online cash back shopping, announced it will pay up-to double cash back to members for purchases made at over 100 of its most popular stores today, December 15th. Shoppers will get increased cash back for purchases from Borders, Sears.com, The North Face, The Land of Nod, Barnesandnoble.com, Smart Bargains, eBags, 1-800-Flowers.com, among other leading stores.

Ebates.com is offering this "Cyber Monday 2.0" promotion to its members as a result of the record business it is seeing during this holiday season so far. Comparing the start of the holiday shopping season from a year ago, new membership has tripled, with a new member joining every five seconds. Last week alone, more than 130,000 new members joined Ebates.com.

"It is clear that online shoppers are increasingly looking to take advantage of the cash back, top coupons and free shipping offers that can be found at over 1,000 stores on Ebates.com," said Kevin Johnson, CEO, Ebates.com. "And though shoppers are being more cautious about how they spend their money, we are forecasting a record sales year, with a doubling of the number of holiday shoppers who use the site compared to a year ago."

On Cyber Monday 2.0, Ebates.com members will increase their cash savings in almost all holiday gift categories including clothing, electronics, computing, toys, books, DVDs and jewelry. In addition to this added incentive, Ebates.com will feature daily top deals in the key holiday gift categories, up-to date shipping deadlines, free shipping offers and the best online coupons to help shoppers stretch their dollars during the holiday shopping season.

About Ebates.com

Ebates.com (www.ebates.com) is the pioneer and leader in online cash back shopping. Over 1,000 of the largest online retailers, including Buy.com, drugstore.com, FTD.com, Ice.com, Lands' End(R), Macy's, priceline.com, RitzCamera.com and Sears benefit from Ebates.com's loyal membership base of more than six million shoppers by offering cash back, coupons and special offers via Ebates.com. Since the launch of Ebates.com in 1999, Ebates.com's members have spent over $1 billion with participating retailers who currently offer shoppers an average of 5% cash back on each purchase. Ebates.com membership is always free and provides shoppers with actual cash back on purchases - there are no rebate forms to submit and no points to redeem. The company was founded by two former Deputy District Attorneys responsible for prosecuting online fraud and identity theft who instilled security, privacy and customer satisfaction as main pillars of the service. Ebates.com is a privately-held company backed by venture capital investors August Capital, Canaan Partners, and Foundation Capital. Ebates.com is headquartered in San Francisco, California and is a member in good standing of TrustE and the Better Business Bureau.

SOURCE Ebates.com

Source: PR Newswire

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