Ibotta app is the shopping partner we all need! Read the Ibotta review to find out how this amazing application will get you cash backs every time you shop from major retailers such as Walmart. All you need to do is to make the payment within the app or upload a picture of the receipt to enjoy cash-backs within 24 hours!
What’s more? There is a lot to know about the Ibotta app. Continue reading the Ibotta review to find out the perks of the app, how to use Ibotta and have all your questions answered in the FAQs section.
Fun Fact! “Ibotta was founded in 2012 by Bryan Leach. The company is headquartered in Denver and employs over 600 people. Within the first few years of launching, Ibotta raised $76 million.” Let’s go!
Ibotta Review: What You are in For?
Although there are a number of cash-back apps out there, not all of them are legit.
What about the Ibotta app then?
About its legitimacy, we can be very up-front. A lot of users have saved more than just a couple of hundred dollars using this cash-guru.
Ibotta app is compatible with more than 300+ in-store and online retailers. What does that mean? It means you can earn cash back on your day to day purchases from a range of different retailers.
Fun Fact! “To date, the app has paid out over $627 million in cash to its members. This app is currently ranked #37 out of all Shopping apps in the App Store, where it also has a stunning 4.8-star rating (out of 5) and over 760,000 reviews. Android users can download the app in the Google Play Store, where it has a 4.4-star rating (out of 5) and nearly 440,000 reviews.” With the Ibotta app you can save cents even on tiny purchases such as milk, cheese, veggies, bread, pasta and fruits! Imagine saving $3 when you buy pampers next time. Wow!
However, Ibotta is more than just groceries. Continue reading to find out what more it has to offer.
How Does the Ibotta App Works?
Whether you are a fan of online or in-store shopping, the Ibotta app has you covered and this Ibotta review will tell you how.
The first thing you need to do is download the app. It’s free and will only take a couple of minutes. After you are done with downloading, sign up and you are good to go!
Disclaimer! “No, Ibotta won’t make you rich. But it’s a nice little boost of money for something you’re already doing.”
What now?
Think of your favorite retailer. Walmart or may be Target? Now let us show you how you can save some money during in-store shopping.
How to Use Ibotta App In-Store?
Open the app and simply go through all the on-going offers by clicking on the Find Offer button.
Either you can choose offers from selective brands that you wish to visit or find out the offers that suit you most and then decide which place you are going to. Either way, once you have identified the offers, don’t forget to add them to your account.
What now? It’s time to go for shopping!
Make all the purchases like you normally would. When you are done, use the app’s camera to click a picture of the receipt and upload it on Ibotta. The app will itself cross-check the receipt with the offers you have previously selected. As soon as it comes across a suitable match, you will be asked if you want to redeem the cash back.
Ibotta app not only has links with major retailers but it is also in connection with their loyalty accounts. This means you can link with these accounts using the app without any hassle. Here is how!
Open the app and select the retailer or store you are interested in. If you want to link a loyalty account, click on Link Account button. This will be given on top of the app.
After this, you will have to submit the information about existing loyalty account. You can also sign up for a new one, if interested with your chosen retailer.
All done? There’s nothing more to do then because now the Ibotta app will automatically get your cash-backs whenever you shop from these retailers. Cool, right? However, you need to make sure that you are using your loyalty card during the final transaction. There is also NO NEED to upload the receipt. Tada!
Fun Fact! “You can earn even more bonuses from the Ibotta app for things like “teamwork” and “friend referrals”, which you should check out if you’re feeling particularly motivated.” How to Use Ibotta App During Online Purchases?
When it comes to online shopping, the Ibotta app is compatible with at least 140 online retailers. This long list includes famous names such as Casper, Kohl’s, Grubhub, Instacart and many many more!
Using the app online is not much different from in-store shopping. Simply open the app and click on Online Shopping. This will take you to a list of available offers. Choose whichever you are interested in and then go ahead with shopping online as you normally would.
As soon as the purchases and transactions are complete, the cash-back will automatically be transferred to your account.
There’s more!
Ibotta app is in partnership with many restaurants and stores nationwide. If you pay here using the app, you will get instant cash back and discount offers. Even without any coupon or offers, you can save up to 10% immediately on payment.
Attention! “To Pay with Ibotta, you first have to add your debit or credit card to your Ibotta account (under the Payments section). You’ll then make your purchases and display the Pay with Ibotta gift card code to the cashier at checkout.”
Is There a Downside?
Are you kidding? Isn’t the question a bit too obvious?
Unfortunately, there is always a downside!
The only downside is you need to download the app. Ah ha! Might not seem like much of a drawback to the tech savvy people out there. But there are also a handful of users who have no interest in downloading the app. If you are one of them, we are sorry to inform you, there is nothing useful for you here.
Ibotta app is the for the cyber junkies. People who are always on the look-out for good deals and won’t hesitate using them as soon as one pops-out.
However, there are a number of reasons why you shouldn’t be swept away with the idea of using the app. First and foremost, cash back offers should not mean you can go ahead and overspend on things you did not even need at the first place.
Pro-tip! “Don’t look at the app’s cash-back offers until after your shopping hauls. This will keep you from falling into that “oooh shiny objects” mentality that could lead to frivolous purchases.” Ibotta Review
Currently the Ibotta app has thousands of users worldwide. Here are some opinions and remarks they have regarding the app.
Missy Nolan comments on Quora:
“Absolutely worth it! I love Ibotta and have saved around $850 with it so far.Some people avoid Ibotta because they don’t understand how it works. Did you know that Ibotta has cash-back rewards under the Any tab?
I redeem the $0.25 cash reward for any receipt at least once a week. I’ve also seen any bread, any cucumber, etc. in that category. This is a great category for people who don’t buy a lot of name brand products”
That’s one happy user!
Stanley Walker also adds:
“A digital equivalent of coupons, Ibotta is a huge time saver because you no more need to go through newspapers and magazines for hours finding a couple coupons.”
Stephanie Jackson further comments:
“I recommend it. Whenever you reach 20 dollars you can receive payment through PayPal, Venmo, or a variety of gift cards. All you have to do is scan your receipt, and then scan the barcode for the item you want to rebate. You can also invite people to create a “team” to reach certain bonuses to get extra money.”
Ibotta App Rating
Dollarsprout: 4.5/5
App Annie: 4.7/5
Thewaystowealth: 4.8/5
Covering All Your Frequently Asked Questions in Ibotta Review!
1. Is the Ibotta app free?
Ans. The app is 100% FREE! There are also no membership fee. However, you need to keep in mind that in order to secure some cash back, you need to spend money on the retailers.
The best way to use the app is on the purchases you were going to make anyway such as your everyday purchases. Also, there is no point in over-spending. Remember, you are only going to get back a portion of money you have spent so the expenditure should be meaningful too.
2. Is Ibotta really legitimate?
Ans. Looking at the number of people who have saved a lot of money from the Ibotta app, we are bound to say the application is 100% legitimate. Rest assured, you will earn the cash back that it promises as the Ibotta review here might have already clarified.
3. How do we receive the money from Ibotta?
Ans. The cash back you earn from the Ibotta app can be redeemed in the form of gift-cards or using PayPal account. In order to get the money from PayPal account, you need to have a minimum threshold of $20. Only then you can transfer the money.
If you are more of a gift-card person, you still need to gather $20-$25. You can then use the funds to get a gift-card.
4. Do you have to pay taxes on Ibotta?
Ans. There is no taxation on Ibotta app. In fact, rebates are not taxable generally. The only exception is in the case if you took a tax deduction on the cost of the item when you first bought it.
5. Can you cheat on Ibotta app?
Ans. There are no cheat-sheets when it comes to Ibotta app. However, you can plan ahead to enjoy the most of cash-backs offers. For this we suggest you always make a grocery list, check the app for offers prior to shopping and withdraw cash as soon as you have reached the threshold of $20.
6. Can one receipt be submitted twice on Ibotta?
Ans. “One receipt one rebate”. That’s how the Ibotta app works. This means you can not submit the same receipt twice. You can, however, pay for seconds items separately to have more than one receipt. Read the Ibotta review above to find out how to scan receipt with the Ibotta app.
7. Can I use an old receipt?
Ans. You can only use the receipt as old as 7 days. If the purchase receipt is older than a week, unfortunately, you will not be able to get any cash back.
Final Verdict
So, what can we conclude in our Ibotta review? Is the app worth it?
In a nutshell, the Ibotta app is an amazing opportunity for all those who are just too busy to coupon. Some people find coupons to be too overwhelming or too difficult to use. This app is the pain-less answer to all their shopping problems then. If you are looking one of the best payment gateway then Securitas epay is the way to go.
Did you know? “The Penny Hoarder email marketing manager says she’s been using the cash-back app Ibotta since 2013 and has earned $307.60 back so far. When she and her then-boyfriend moved to Florida that year, Rice says, “We were so broke … It’s really helped me a lot.” Quite a story!
However, you need to consider your shopping habits before going ahead with the app. It would not have much to offer if your only interest is in getting coffee and cookies from local shops. You need to be a frequent visitor at major retailers to make the most of Ibotta app.
