If you've been researching money saving apps, it's no doubt that you've probably come across Ibotta. Ibotta is a great, legitimate way to save money. It's free to download and use. Unlock rebates by watching a video, answering some questions, or reading about a product. Once you've unlocked the offer and purchased the item, claim the rebate by uploading your receipt, linking your Ibotta to your loyalty cards, or shopping online. Ibotta accepts receipts from over 225 stores including Kroger, Stop & Shop, ShopRite, Publix, Winn Dixie, Walgreens, CVS, Rite Aid, Target, Walmart, Kmart, and much more.
Ibotta's minimum payout is currently $20.00. Depending on how often you shop, it may take you a while to reach that $20.00 price point. If you decide to sign up and start using Ibotta, make sure you stick with it until you reach $20 at least one time.
Make sure you don't get in the habit of purchasing things you may otherwise not have, just to get the Ibotta credit. If your goal is to save money, try to keep yourself in check and only buy the things you need, or would buy regardless. It's very easy to get in the mindset of, "I can buy ten bottles of hot sauce for only $.50 each!!" and overlook the fact that you don't even like hot sauce. If you happen upon an Ibotta that makes something free or almost free, decide what you will do with the product before you make the purchase. Consider donating to a food bank, shelter, etc..
Ibotta is store specific in most instances. While they do include most of the larger chains, if you shop at smaller stores, your purchases may not qualify. Finally, you must do a bit of work to unlock the coupons. Typically this includes watching an ad, taking a small survey, or reading a product description. It doesn't take too much time, but it's worth keeping in mind.
How will I get paid?
Ibotta offers several payout options including PayPal, Venmo, or a gift card. They have an extensive selection of gift cards including Olive Garden, Target, Kmart, GAP, Applebee's, Old Navy, Best Buy, Amazon, Walmart, iTunes, and more.
Okay, so how do I sign up?
The Ibotta app is easy to navigate and utilize. The teammate option allows you to increase your rewards by connecting your Facebook app to team up with friends. If you add teammates, you can earn bonuses much more quickly. Ibotta usually has a relatively large selection of offers available. The real power of Ibotta comes with stacking offers. Meaning that if you can group a store sale, coupon, and Ibotta rebate, you will often walk away with a sweet deal. You don't have to use multiple offers, but it certainly helps.