Ibotta, a cashback app for everyday purchases, helps you to save money.
This is my favorite app for saving money. This Ibotta app review can help you decide whether this app is right for you.
Ibotta is a great way to save money if you don’t buy much.
Table of Contents
Ibotta Review
How do you make money with Ibotta?
Is Using Ibotta Time-Consuming?
How do you get money from Ibotta?
What’s the Catch with Ibotta?
How does Ibotta make money?
Is Ibotta Right For You?
Ibotta Review
This Ibotta app review will tell you everything you wanted to know. This Ibotta review will tell you what it is, how to earn cashback, and how it makes money.
What is Ibotta
Ibotta allows you to earn cashback for your purchases. You can use it in person at shopping malls, large box stores, grocery stores and many others, as well as online on Amazon.com, some travel websites, etc. This app is useful for almost everyone.
Is Ibotta Legitimate?
Ibotta’s legitimacy is a big question that people have. It’s obvious that anything that promises money for free must be a scam. Ibotta does not fall into this category. This is a legit company that offers cashback for a wide range of purchases.
Ibotta – Does it Really Give You Money?
Ibotta does give you money. I have made more than a hundred dollars by simply uploading receipts.
Ibotta makes it easy to earn money. The first time I used Ibotta, I earned six dollars. I spent only 100 dollars during the trip. So, that app saved me about 6%.
Who doesn’t like to save money?
Ibotta offers a lot of bonuses for beginners and many easy ways to make money. However, if your shopping habits are not very good, you may find it difficult to make money once you get those bonuses.
It was a time when I used it only for groceries, and I would sometimes earn only ten cents per shopping trip. It’s not going be FU money any time soon, but these little things add up so I am happy to accept that small amount.
How do you make money with Ibotta?
Ibotta offers many ways to earn money. All you need to do is shop. Ibotta Pay allows you to get paid for shopping at multiple stores, earn cashback by uploading your supermarket receipt and earn rewards when you link Ibotta with your online account.
- Uploading Receipts
It’s easy to earn cashback by using their receipt upload feature. It’s great because cash users can now take advantage of cashback when shopping. It’s currently only available in grocery stores but we all need groceries.
Log in to Ibotta to earn rewards. Check out the offers at the grocery store you choose. ).
The offer will appear when you tap the plus (+) sign. The item will be added to your shopping list.
Log back in to the app after you have purchased your items and click the “Redeem” button at the bottom. Take a picture of your receipt, then upload it.
Ibotta might ask you to scan the barcode of some products in order to verify your purchases. Ibotta reviews your purchases and will send you cash once you have verified them.
Ibotta warns that the process can take up to 24 hours.
- Enjoy Cashback on Your Favorite Stores
Ibotta partners with many of your favorite retailers to offer cashback rewards for in-store purchases.
Home Depot offers 2% in cashback. Barnes & Noble gives 5%. Sephora gives 6%. Michaels gives a staggering 7% on purchases made at their stores.
Download Ibotta to see the complete list.
Ibotta is not the easiest way to earn cashback. You should scan or upload your receipt at the checkout, regardless of payment method.
Unfortunately, this is not the case. You will need to buy a giftcard with Ibotta Pay and use it to pay for all your purchases.
You must first link your debit card with Ibotta Pay. It must be a debit card. Ibotta does not allow you to link your credit card.
You then find your favorite retailer and buy the gift card directly from them. The gift card you have just bought is used to pay for your purchases.
This method was used at GameStop to purchase my Nintendo Switch. It was a little complicated but I received $17 in cashback.
You can buy the gift card before going to the store. However, you won’t know the amount you’ll be spending.
I bought my GameStop Gift Card at the cashier, and I knew exactly how much I needed. Although it was awkward to take an extra minute to make my purchase, I was glad to avoid overspending.
- Shop Online and Get Cashback
Ibotta offers cashback on many of your favorite online stores. Log into your Ibotta Account and search for your favorite retailers to earn cashback when you shop online.
Let’s say, for example, you want to buy online from Kohls. If you search for “Kohls” on Ibotta, you will see a cashback of.5% and a “shop” button.
You will be directed to the Kohls site when you click on the “shop” link. This is where you can complete your purchase.
Cashback is available for purchases made as long as you are logged into Ibotta and can see the Ibotta offers at the bottom.
Your earnings will not appear in your account before your order is shipped and processed. It can take 90 days but it usually only takes a couple of days.
Ibotta partners with hundreds of retailers to give you cashback for your everyday purchases. Ibotta offers cashback at Best Buy, Target Banana Republic Foot Locker and Microsoft. It’s likely that your favorite retailer also offers cash packs.
- Get Extra Cash with Bonuses
Ibotta offers a variety of ways to earn money through bonuses. The “In-store Purchase” bonus and ten-dollar signup bonus make it easy for new users to earn more.
There are also random bonuses throughout the year, as well as monthly bonuses, seasonal bonus offers, and other bonuses.
Some brands offer additional bonuses for redeeming their offers multiple times. I received a Dunkin Donuts Bonus by redeeming Dunkin Creamer three times.
The bonuses offered by your favorite brands are always changing. Kraft, Pepsi and many others have provided them.
- Earn extra money by referring friends
Referring friends is a final way to earn money on Ibotta. You earn five dollars per referral. The money is yours as soon as the friend redeems his or her first offer and uploads a receipt.
Referring your friends can also help you earn extra money each month.
Each person you refer will become a part of your team. As your team earns, you can work together to earn team bonuses. The first level usually only costs fifty cents but it adds up!
Is Using Ibotta Time-Consuming?
I am afraid that this app will take too long. I’m not interested in doing anything tedious just to earn a few dollars. This is not worth it to me. Ibotta makes it easy to save money and takes only a few minutes.
You will save a few minutes if you scan Ibotta while you are writing your grocery list. The uploading of the receipt and scanning of the barcode can take a few minutes, depending on the number offers.
Cashback can be worth up to $10 in some cases, and even more when you have only ten cents. All those little things add up.
How do you get money from Ibotta?
Ibotta has a few drawbacks. One is that you do not get paid instantly. Earning twenty dollars is required before you can redeem anything.
Ibotta has so many options to earn extra money that it is easy to reach the threshold of twenty dollars. You can reach the threshold with a few grocery trips and a couple of online purchases.
It’s better to wait until the payout. It’s not noticeable if a few pennies are added here and there to your account, but the twenty dollars will be noticed. This is a win that makes you feel good.
What’s the Catch with Ibotta?
Ibotta has its own catch. If you don’t pay attention to the items you buy, you could end up spending more than you would normally.
Ibotta, for example, had a fifty cent cashback on Ball Park hotdog buns. It sounds good, doesn’t it?
Ball Park buns cost about two dollars and change. The generic brand costs only 87 cents. If I’d used the deal, I would have ended up spending $1 more than usual on hot dog rolls! You can avoid this trap easily.
Prices are important.
You may also have to switch brands in order to receive a discount. I normally buy Coffee-Mate Creamer, but Dunkin Donuts creamer was on sale for $1. It was $1 more expensive (pay attention to the price!) The Dunkin creamer was a dollar more (pay attention to the price!
I got the larger bottle of creamer at the same price as the smaller one by using the deal! I’m not opposed to switching brands for a few products in order to get a better price. Be sure to pay attention to the cost. Avoid using an offer that will lead to you spending more money in the end.
You must earn 10 dollars in cashback rewards, within 14 days after signing up, to receive your sign-on bonus of ten dollars. The grocery trip I made got me halfway to my goal, and I think most people can do it.
How does Ibotta make money?
Ibotta’s core is a marketing firm. You must remember that this app is not for you. You are the product. Ibotta earns money by tracking and sharing your data with its partners. These companies use the data to learn about consumer behavior and how to better market their products.
Ibotta makes it clear that this is what they intend to do in their privacy policies, which are agreed upon by users when they download the app. Ibotta’s privacy policy states that:
“Perform aggregated and pseudonymous analytics (unless you consent otherwise) that may be used by Ibottas, any third party’s marketing, advertising and data enrichment activity”.
They combine data to ensure that no individual is identified.
Ibotta makes money also by asking users to complete surveys or simple questions about their offers. These activities offer valuable data to their partners that can be used in better marketing campaigns.
Affiliate sales are a final way to make money. Users can watch a short video and they will earn a commission if the offer in the video is redeemed. Other offers may be redeemed and earn them small commissions.
Is Ibotta Right For You?
I hope that this Ibotta Review clarified any questions you may have had and that you now realize that Ibotta is a legit company that can really help you save a lot of money when you make your daily purchases.
You can earn cashback if you’re okay with a company collecting data about you (and many of us allow Facebook to do this for free).
It’s my opinion that it is the best cashback available. What are you waiting? Start saving now by visiting Ibotta!
This article was originally published on Wealth of Geeks and is republished here with permission.
