Whether you’re a savvy shopper or just looking to cut down on expenses, Ibotta is a must-have app for anyone wanting to save money. It offers a simple and effective way to save money on groceries, household items, and more.
What is Ibotta? Is Ibotta Legit?
Ibotta is a free mobile app available for both iOS and Android devices that allows users to earn cash back on qualifying purchases from various retailers. The best part is that it is all digital. No clipping coupons. No old-school coupon binders. You only need to download the app or install the browser extension, claim offers, then shop as normal. So easy!
Did you know Ibotta has paid out over $860 million in cash rewards since it started back in 2012?!
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Benefits of Using Ibotta
- Earn Cash Back: Get real cash back on everyday purchases, turning routine shopping into an opportunity to save money.
- Wide Range of Retailers: Ibotta partners with numerous retailers, including grocery stores, pharmacies, online retailers, and more, offering a diverse array of cash back opportunities.
- User-Friendly Interface: The app’s interface is intuitive and easy to navigate, making the cashback process simple and efficient.
- Stackable Deals: Ibotta allows you to stack cash-back offers with promo codes on online retailers, maximizing your savings potential. Note that most in-store offers cannot be stacked with coupons or other cash-back offers anymore.
- Bonuses and Incentives: Ibotta frequently offers bonuses and additional rewards for reaching certain milestones or completing specific tasks.
- Teamwork and Referral Bonuses: You can join a team with friends or family to work toward collective bonuses. Additionally, referring new users to Ibotta can earn you extra rewards.
How Does Ibotta Work for in-store purchases?
- Browse and Unlock Offers: Once you’ve downloaded the app and created an account, you can start browsing through the available offers. These offers span across various categories such as groceries, beauty products, electronics, and more.
- Add Offers to Your Account Before Shopping: To qualify for cash back, you must add the desired offers to your account by simply tapping the “Add” button. These offers are usually specific to certain products and may have an expiration date, so make sure to check the details.
- Link Your Loyalty Accounts: For select retailers, you can link your loyalty account to make earning cash back even easier. When you use your linked loyalty accounts at checkout, your purchases will be linked to qualifying offers on your list, and you’ll see the cash back in your Ibotta earnings within 24 hours!
- Go Shopping: After adding the offers, head to the participating store(s) and make your purchases as usual. Ensure that you keep your receipt safe, as you will need it for the next step. If you have linked your loyalty account, you might even be able to shop from home and use curbside pick-up!
- Redeem Your Cash Back: To claim your cash back, open the Ibotta app and select “Redeem.” Scan the barcode of the purchased products and take a clear picture of your receipt. The app will process the information and credit your account with the corresponding cash back amount. This redemption process is automatic with linked accounts!
- Withdraw Your Earnings: Once you accumulate a minimum balance (usually $20), you can withdraw your earnings via PayPal, Venmo, or redeem them for gift cards from popular retailers.
Didn’t get the cash back offer you were expecting? They have a ChatBot that makes it easy to get help. To access the chatbot, click your account in the top left corner of the app then navigate to your Profile in the app and click “Help.” Then, click “Visit the Help Center.” Once in the help center, you should see a big red question mark in the bottom corner. Click on the question mark to begin chatting. You can also click “Get Help with a Purchase” and follow the prompts.
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Shop your favorite online stores too!
Ibotta is partnered with more than 2,000 brands and retailers, including national chains like Walmart, Walgreens, and Target. Score up to 30% cash back just by visiting online retailers through the Ibotta app or the extension on your browser. Keep in mind these cash-back offers can be combined with promo codes and sales so it’s a super easy way to stack the savings!
Just like the in-store grocery offers, you can redeem your cash back when you’ve reached the $20 minimum balance.
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Must-Know Ibotta Tricks & Tips
- In-store offers refresh each Wednesday and are often released in batches throughout the day
- Make sure to click the “What’s Hot” and “Best Value” tabs at your preferred retailer to quickly see hot free offers! Look for ones with titles like “free after offer” and “bogo” or “50% off”. Note these have limited numbers of redemptions and short expirations so make sure to shop soon.
- Some items are money-makers! Check to see if that free-after-offer item is available for redemption at multiple stores. For example, the Ibotta app might offer a free-after-offer cash back amount of $3.89 for a bag of Snyder’s Twisted Pretzel Sticks. It retails for $3.49 at Target or $2.89 at Walmart meaning you’d actually get back more than what you paid for it!
- Redeem that hot offer multiple times! Check the offer for how many times you can redeem it. Some have a limit of 1, but there are quite a few that will let you redeem the offer up to 5 times on one receipt.
- Ibotta offers sometimes refresh! If there’s a hot offer or an offer for something you shop for often, make sure to check back after you have redeemed. Sometimes they will put it back in your account so that you can redeem it again.
- Use their app scanner at the store! Want to know if that item you had on your list has a rebate available? Scan it as you add to cart and it will quickly show any offers. This is a great way to check if you have the right size/variety too!
- Watch for hot bonuses like their popular Thanksgiving offer! Several years in a row, they’ve offered everything you need for Thanksgiving except the turkey for free after rebates!
- Mark your calendar for Ibotta Days! This annual event usually occurs in March and offers up to a whopping 15% cash back at a ton of online retailers.
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Additional Ways to Earn Money with Ibotta
- Bonuses: When you redeem a certain number of offers by a certain date or buy featured products of a certain brand or retailer, you will be rewarded with a bonus.
- Invite Friends: Earn $10 every time you refer a friend to sign-up for Ibotta by giving them your unique referral code or link.
- Teamwork: The friends you invite via your referral link become part of your team. When you team reaches a certain number of offers and earn a certain amount, bonuses can also be earned.
What’s the catch?
One thing you do need to know is that Ibotta cash-back earnings won’t stay in your account forever. Make sure you redeem them when they hit that $20 mark. If you let them sit in your account for more than 180 days, they’ll start deducting a $3.99 “maintenance fee” every 30 days while your account remains inactive.
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