Many people who are actively trying to find new and creative ways to save money have probably heard of Ibotta.
And if you haven’t heard of it, but would still like to save hundreds of dollars over the course of the year, you definitely need to check it out!
It’s incredibly easy to use and you may be surprised at just how quickly your account balance can rise!
In order to keep you from reading too many boring details, this review will save you time and just get to the important stuff.
We’re talking a 5 minute review, just to give you a first impression so you can decide whether or not to give Ibotta a try.
So here it is, in just 5 minutes of your time, a review of Ibotta.
Table of Contents
What is it?
There are many cash back tools available to the world, and Ibotta is simply one of the best!
I mean, who wouldn’t want to sign up for instant cash back just by scanning some receipts with your smartphone?!
And while the most popular way to get cash back with Ibotta is through uploading receipts to the app on a mobile device, you can also save a lot of money with other methods.
Shop online through the Ibotta app, link loyalty accounts, and even pay through the app to get the most cash back possible!
You even get a $10 BONUS for signing up with my link and trying out Ibotta!
Ibotta has been around since 2012 and is now partnered with over 300 retailers, making it a great money saving tool at nearly everywhere you shop.
And in case you need any reassurance over the legitimacy of the savings potential that Ibotta offers, digest this statistic:
Ibotta has paid back over $600 MILLION in savings to users!
So as you can see, Ibotta is 100% legit and can truly make a difference in your financial life.
Best Ways to Score Easy and Fast Money!
Survey Junkie is your best bet to make a few bucks really quick by taking simple online surveys!
Rakuten will bring cash back to your pockets whenever you buy something! No matter where you spend money, Rakuten will help you save!
Swagbucks is your one stop shop for all things easy money! Take surveys, shop online, watch videos, and play games for cash!
How does it work?
Leave your coupon clippings at home.
And you really shouldn’t even bother cutting them out of the ads you get in the mail anymore.
With Ibotta, you will save money conveniently through the use of your smartphone or a computer.
Before you head out to the store, open up the Ibotta app and add offers that you want to take advantage of under the store that you’re shopping at.
After you’ve finished shopping, upload your receipt to the app.
Ibotta will scan your receipt for all of the offers that you selected and add all your savings to your account balance, basically instantly!
Once you’ve reached at least $20 in your account, you can cash out with a Paypal account or choose to get gift cards instead.
Now this is the most common way that people save money with Ibotta.
If you’re satisfied with the savings Ibotta can give you, you can even give the other money saving methods listed above a shot.
And as if there weren’t already enough ways to make money with Ibotta, you can make $5 for every friend that you refer to use Ibotta!
And don’t forget to mention that they get a $10 BONUS just for trying it out!
It’s a win-win situation for everyone involved!
Where and when to use it?
Even though you don’t physically cut out coupon clippings from the newspaper, doesn’t mean you can’t save money in just about every store you walk into.
With hundreds of retailers partnering with Ibotta, you won’t struggle to find a place where you can save money.
Ibotta can even be used at local joints if you’re taking advantage of the right deals!
You just have to make sure to ALWAYS leave with a receipt, no matter where you shop.
And finding where to shop to build your cash back balance really couldn’t be much easier than Ibotta makes it.
Head over to the “Find Offers” tab to search for stores or browse by category.
When you are looking for deals within a category, you can either choose to search for a specific retailer, or click on the “Any Store” options to add offers that you can redeem ANYWHERE!
So not only can you utilize Ibotta for savings at grocery stores, but you’ll find that you can save cash at electronics stores, convenience stores, pharmacies, travel sites, gas stations, bars, restaurants, and even through online shopping!
PRO TIP: Ibotta offers pretty amazing discounts on alcohol, so especially if you like trying different drinks, whether at home or at a bar, think about choosing the bottles or cans with the biggest discount!
Just always remember the golden rule of Ibotta: SAVE YOUR RECEIPT!
Why Should I Use It?
There is such a wide variety of products that you can save on with Ibotta!
Everything from bread to clothing to electronics to alcohol, Ibotta has great offers across the board.
You could easily rack up over $10 in savings on a $100 grocery bill if you find all the best offers and are willing to adjust your shopping list to the available offers a bit.
Plus, the more you use it the more you’ll save with all the extra bonuses that Ibotta offers!
For example, a common bonus that is offered is an extra $5 or $10 added to your account if you redeem a certain amount of offers in a set time period (and they are actually reasonable and attainable before you start raising questions).
Ibotta has essentially brought coupon clipping to the smartphone world.
That means no paper coupon clippings to deal with once you master Ibotta!
So without having to give individual coupons to the cashier to save money on your grocery shopping trips, you’ll save yourself time.
And not only will time be saved at the checkout line, but with how easy it is to search and find cashback deals on the Ibotta app you’ll save a lot of time before you even get to the store.
Cautions
While Ibotta is extremely easy to use and you can rack up an incredible amount of savings, you may sometimes become frustrated with the app.
Savings vary from product to product so just because you’re redeeming a ton of offers, doesn’t necessarily mean that you’ll maximize your cash back, which could leave you feeling a little discouraged.
So while your cash back balance might climb a little slower than you’d like, just stick with it and know that every little bit helps.
You won’t make $100 in a week, but if you use the app EVERY SINGLE TIME you go to the store, you could get there in a month or two.
And when you get free money for minimal time and effort, you can’t go wrong!
Conclusion
Ibotta is a great smartphone app to utilize if you like the idea of saving money on everyday items that you get from the grocery store or a number of different retailers.
It’s super easy to use, and doesn’t take up much of your time at all for you to build a large cash back balance.
And that’s exactly why Ibotta is one of the best money saving apps out there!
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