If you’re looking for a great way to save money on groceries each month, check out a new app called Ibotta.
With the Ibotta app you can turn your groceries receipts into cash.
Cha-ching!
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I came across Ibotta from watching a YouTube video.
I had never heard of it before and I thought it was too good to be true.
You know, like how some of those other websites take 6 months for you to earn enough money to cash out?
Who wants to wait that long to earn $35? Not me, so Ibotta became one of my favorite apps to use.
Not me, so Ibotta became one of my favorite apps to use.
Besides, you were going shopping anyway, so why not earn some money while doing it?
What is Ibotta?
Ibotta is an app that you use to earn cash back from purchases you’ve made from participating offers at your neighborhood stores.
The great part about it is that you don’t even need to have the app with you while you’re shopping and you can double your purchases with store and manufacturer coupons!
Talk about extra savings.
Though you could probably save the most at grocery stores, there are plenty of offers from other retailers. You can get cash back on your pharmacy, clothing, and dining purchases.
Offers vary depending on the participating stores and restaurants in your area. Check them out frequently, because most offers have expiration dates and participating retailers change often.
Today I just unlocked a $5 rebate from Ruby Tuesday’s off of a $15 purchase, which wasn’t there a month ago.
How to Get Started with Ibotta
First, download the app onto your phone. The Ibotta app is available on IOS and Android devices and even though they have a website, you’ll need the app to verify purchases.
After you download the app to your phone, search for items to purchase. There are rebates from grocery stores as well as drug and department stores. My favorites are definitely Target and Walmart.
Next, once you’ve found products you wanted to purchase you can unlock your rebates.
Sometimes you may have to watch a short video clip or answer a question to unlock the rebates, but this extra step doesn’t take too much time and isn’t too intrusive.
Now it’s time to go shopping and purchase the items of the offers you unlocked.
When you get home, scan the barcodes of the items you purchased and submit a photo of your receipt.
If you have linked a loyalty card up to your Ibotta account, it is done automatically for you.
Wait for your purchases to be confirmed (usually within 24 – 48 hours) and watch your rebates as they are credited to your account.
You can redeem these rebates for cash onto your PayPal or Venmo accounts or redeem them for gift cards from retailers such as Amazon, Best Buy, Starbucks, and Sephora.
The minimum payout seems to be about $20, which you can reach fairly quickly if you make an effort to open the app before going out to shop.
What I Like About Ibotta (besides the money of course)
Not only is this app easy to use, but many of the items are not store or brand specific and can be redeemed at multiple stores.
For example, I’ve made purchases of bananas and bread and it didn’t matter where I purchased them or which brand.
I love being able to use coupons, which helps me to save even more money. It makes earning money with Ibotta that much worthwhile.
It makes earning money with Ibotta that much worthwhile.
In the above receipt, not only did I earn 25 cents off of eggs, there was a coupon attached to the carton for $1.00 off as well.
Sometimes I have been to a store and purchased items I did not originally unlock.
I found that I was still able to unlock these purchases and get cash back for them. This should work for you too, as long as you unlock them before the expiration date.
One caveat, however, I noticed this didn’t work well with purchases from stores with linked loyalty cards.
So if you find yourself purchasing an item that has a rebate, try to unlock the item before going to the register.
How to Start Earning Money With Ibotta
It’s easy to sign up and it’s FREE! You can sign up for Ibotta here. If you use my link, be sure to use my referral code ldcbtjb.
If you use my link you’ll earn $10 and I’ll get $5, just for signing up.
You’ll be able to refer others and you can earn money from your friends’ purchases as well. You end up with this great team to work with.
Do you use Ibotta? If so, how has your experience been with this app to save money on groceries each month?