Search help topics
Search

What is a BACS payout?

  Main Help and Contact Pages

Put simply this stands for "Banks Automated Clearing System" or perhaps "Bankers Automated Clearing Services".

This is the system used by banks to allow people to pay bills or transfer money directly from their bank account to another bank account. We make use of this system to pay our members their cashback directly into their bank accounts.

If you want to read more about this service, we would suggest following this link to Wikipedia.

Was this topic useful?
View our Useful Links to help you navigate TopCashback

Our Benefits

  • Free to join
  • Get up to 5% bonus on top of all cashback rates
  • A wide variety of payout methods including Paypal, BACS and High Street Gift Cards with bonuses of up to 10%
  • Faster Paying Merchants
  • Highest Cashback Guaranteed
  • Over 4,200 Online Stores
  • Fair-play policy
  • Invite your friends and earn £15.14 for each
  • We won’t sell your email address
  • In-store cashback with selected merchants