As coupons have entered the digital realm, a growing number of consumers are saving money while purchasing the goods and products that they need. From groceries to clothing, chances are there’s a coupon available that will allow you to keep money in your wallet.
Another money-saving option that many people forget about is rebates. Consumers tend to shy away from rebates because they can take weeks, sometimes months to be processed. But, with the right mobile app, you can earn cash back on qualified purchases in no time!
Ibotta is a free mobile app that exists to save consumers money on everyday items. Keep reading this Ibotta review to learn the ins and outs of the app and how much you can expect to save.
What is Ibotta?
Ibotta allows you to save time and earn cash. The app offers cash back deals that are tailored to your shopping behaviors. Using the app you can earn cash back on a wide variety of items including:
- Household items
You can even earn money back when paying for mobile apps! What’s most convenient about Ibotta is that you can earn cash on things you already buy. Your weekly grocery haul can now turn into a money-making venture.
Unlike other cashback apps, Ibotta doesn’t use points. Instead, you’re presented with real money that can be transferred to gift cards, PayPal, and Venmo.
To date, the app has paid out more than $500 billion to users.
To the average person, shopping means spending money and leaving with the items you paid for. But, with Ibotta, you can spend money, leave with your items, and then earn cash back simply for shopping! There’s no better feeling than knowing you’re getting an awesome deal on products that you need to buy.
One of the biggest perks of Ibotta, aside from the money you earn, is that the app is extremely easy to use. The interface is very user-friendly. Cash back offers are sorted by categories, making it easy to find ones that apply to you.
Ibotta is also simple in that you download the app, select offers, and go shopping! Once your trip is complete, you upload the receipt and voila, you’ll have money credited to your account in no time. The process takes all of a few minutes!
Another benefit of Ibotta is the low cash out threshold. Unlike other cashback apps, as soon as you’ve earned $20, you can cash out. Money is transferred to Venmo or PayPal, which you can link to directly inside of the app.
How It Works
Ibotta is a relatively easy app to use. Before heading out to go shopping, you’ll want to browse the app to see which offers meet your needs. For example, maybe you’re headed to the grocery store and need to buy milk and eggs. You can then look at the app to see if there’s a cashback offer for these items. Activate the cashback offer and then get shopping!
The one important part about using Ibotta is getting into the habit of saving your receipts. In order to redeem your cash back offer, you’ll need to upload a photo of the receipt to the app.
With Ibotta, you can get the deals you want at some of your favorite stores. Some of the top retailers include:
You can even save money at delicious restaurants and bars in your area. The cashback offers are truly endless.
What to Expect
As with any cash back app, the more you spend, the more you’ll earn. But, you don’t want to purchase items just for the sake of earning cash back. The convenience of apps like Ibotta is that you’re able to save money on things you already plan to buy.
Using Ibotta, you’ll find a wide range of rebate options. Some must be redeemed at certain stores or on certain brands while others are extremely generic. What’s better is that you can save money on items that you’d never see a coupon for!
As an Ibotta user, you can expect to save at least a few hundred dollars throughout the year. If you’re a heavy shopper, you may be able to earn much higher amounts of cash back.
If you’re looking for an easy and effective way to save money on everyday items, Ibotta is the app for you. Using this mobile app you can save hundreds of dollars (or more!) each year. With your savings, you can plan an upcoming vacation or have more money to put towards paying down debt. The options are endless!
Sources: investopedia.com / cnbc.com