Almost every household spends a significant amount of money on groceries, and finding ways to save money on groceries can completely change your budget, allowing you to put more money towards other expenses, debt, savings, or fun.
Cashback apps are a great way to save money on groceries. There are many different ones, but today we’re discussing Ibotta.
Ibotta is a multiple receipt-scanning app that pays you to buy certain grocery products and upload your receipts to earn rebates.
Here in this complete Ibotta review, you’ll find everything you need to know about Ibotta, including how it works, whether it’s legit and much more.
What is Ibotta?
Ibotta is a browser extension and cashback app that pays you money back on your online and in-store purchases. Typically Ibotta is associated with groceries, but you can earn cash back on everything from food to household supplies to clothing. It works with 300+ major retailers like Amazon, Walmart, Target, and Sam’s Club. The best part is that it’s free!
How does it work?
The Ibotta app, in combination with a smartphone, enables users to “shop” for offers while on the go or at home. To get started, you have to create an account. The following information will help you get set up:
Here’s how to get started:
• Visit the website or Download the free Ibotta app
• Sign up and enter your email address
• Set up a profile with your name, phone number, and email address (optional)
• Search for offers in your area and add them to your card by taking a photo of their barcode or entering its unique code
• Scan each item as you shop—it only takes 30 seconds!
• When your order is complete, upload it to the app.
• Cash out when you reach $20 in rewards through Paypal or Venmo.
How to earn cashback From Ibotta?
Install Ibotta extension: A great way to earn cashback through Ibotta is through the Ibotta extension. It helps you locate cashback offers, compare prices, and set price drop alerts with just one handy tool.
Download the Ibotta extension to your desktop and activate it in the extension window. Continue shopping, and it will let you know if you can get cash back from a particular retailer.
With this feature, you can also compare and track item prices on thousands of items.
Online shopping – This feature can save and earn cashback on grocery items and your favorite brands online.
Find offers for what you want to buy and add them to your shopping list. Use online grocery delivery services with your list, submit a receipt, link your account, and withdraw your earnings.
In-store shopping– Ibotta has relations with most major retailers, so to earn cash back, Link your loyalty accounts to earn from ibotta when you shop in-store.
As soon as you complete the process, Ibotta will automatically give you cash back for purchases made at that store when you use your loyalty card.
Once you have selected a retailer to visit, click the Link Account button at the top of the app, asking you for your existing loyalty account information or if you would like to sign up for one.
Refer-A-Friend-Program– Ibotta offers a $10 referral bonus for new users. You will earn $10 by sharing your unique referral code with your friends via text, email, or social media.
Both of you will receive a $10 referral bonus after your friend signs up with your unique referral code.
Ibotta Review: Pros and Cons
Here are some pros and cons of using ibotta:
Pros:
- You can earn money in the form of cashback by shopping at your favorite stores.
- The app is easy and free to use.
- It’s available on both iPhone and Android devices.
Cons:
- You have to wait until you reach $20 in cash back before you can redeem it for a gift card or check (non-redeemable).
- Customer support is not good.
Ways to save with Ibotta
Text Alerts
Become the first to know about new bonuses, amazing deals, and fresh retailers by signing up for Ibotta text alerts.
Gift cards
Get instant cash back on your favorite stores, restaurants, and coffee shops by purchasing a gift card.
Is Ibotta legit?
Ibotta is legitimate and has millions of users: One thing that makes the Ibotta app different than other apps like Swagbucks is that it’s completely legitimate. There are over 4 million users who have earned more than $180 million using this app so far! That makes sense when you consider all the major retailers in their network: Walmart, Target, CVS Pharmacy & more – plus over 100 brands like Coca-Cola & Kmart!
The people behind Ibotta have been featured on ABC News as one of “America’s fastest growing businesses” as well as Forbes because they pay out millions each month (which means they’re serious about helping customers save). The company also won an award from Entrepreneur Magazine in 2015 called “Best New Startup.”
Conclusion
I hope that I’ve been able to clear up some of your questions about Ibotta and make it more clear if this is something you should try. Overall, I think an app is a good option for those who want an easy way to save money on groceries and other everyday purchases.