We’ve been known to overspend (thousands of dollars monthly) for dining and in the various grocery store trips, we make despite admitting it may be painful.
With the primary goal of getting our finances in order, it goes without saying that we need to get a grip on our restaurant and grocery spending ASAP.
How is the big question, right?
Believe it or not, better yet, believe it! A free app pays you cashback on purchased items in the regular stores you visit using online coupons. Definitely too good to be true, right?
You might be sceptical at first, but this couponing app is impressive and relatively easy to use; it is pretty convenient and saves time a great deal.
Does this magic money saver have a name? Yes! It’s Ibotta.
Apps like Ibotta have been popular for collating the best online coupons for their users. But is it really worth the hype? Can you really get the best price?”
Ibotta? What is it?
Ibotta is a browser addon and phone app that lets you make easy money back on grocery and other purchases. It is available as a free download and it works in the same way that clipping coupons do.
According to its website, since its founding, the Ibotta couponing app has distributed more than $1 billion in cash rewards to more than 35 million members. Ibotta collaborates with approximately 300 retailers, eateries, cinema halls, retail outlets, hardware stores, pet stores, pharmaceuticals, and other companies.
Ibotta being primarily known for grocery coupons, you can also acquire online coupons for non-grocery purchases. Special deals may be provided at drugstores, eateries, liquor stores, petrol pumps, and other big stores, particularly online retailers like Amazon.
How does the magic happen?
Apps like Ibotta works by offering online coupons to its customers. You’ll be able to find your preferred merchants, peruse active deals, and claim the rewards on transactions you decide to make once you’ve created an account. It actually gets better.
Once you’ve found an offer you’d want to utilize, you just claim it and add it to your shopping list. Then, while you’re trying to shop or searching online, add goods to your shopping cart that qualify for earned rebates. You may use Ibotta to get cashback after purchasing. When your account makes $20, you can transfer the funds to your bank account and afterwards spend it as you wish.
How can I Use the apps like Ibotta, say, for a week?
Step #1: Plan the Meal
Figure out what you plan to eat for the week.
Step #2: Track down unbeatable offers
Once you’ve decided on a strategy, open the Ibotta app and peruse specials from nearby grocery stores. When you pick on a store, tabs will appear across the top to assist you in finding what you’re searching for.
I like to begin with the subcategories that include goods from my grocery list. For example, before diving into the “what’s trending,” “best deal,” or “latest specials” sections, I’ll look through the “dairy & eggs” and “produce” units. This allows me to keep focused and on track with my budget!
After all, it is the ultimate objective!
Even if you usually shop at one location, I suggest checking out a few others close by because you can find deals at one store that aren’t applicable at another.
Step #3: Include rebates in “special offers”
When using apps like Ibotta, once you find online coupons you want to redeem, click the plus sign on the rebate.
Before you can claim the reimbursement, you may have to complete a brief 1-question quiz or view a 15-30 second movie.
Step #4: Let’s go shop!
When you go shopping, ensure you get the correct size, quantity, or product specified in the offer. If a rebate specifies “any size,” select the package size that is most appropriate for your household. Personally, I look at the price, deduct the repayment, then divide it by the proportion or ounce.
Step #5: Submit the shopping receipt.
It is highly encouraged that you post your receipt as soon as possible. It just takes 30 seconds!
To technicality matters, you have seven days to submit your receipts to Ibotta. For instance, if you go shop on Thursday at 5:00 PM (your time), you will have until the following Thursday at 4:59 PM (your time) to submit your receipt to Ibotta.
However, if you misplace or dispose of your receipt, you will be unable to receive the rebates, so don’t wait! And most importantly, don’t dispose of the receipt.
Step #6: Get Paid
There are no gimmicks or ambiguities in how you get money back. If your balance is more than $20, you can get cashback using PayPal, Venmo or a gift card. My preferred method is cash, and I use the credit to supplement my grocery budget.
Is there a Catch?
Some of you doubting Thomases are fascinated but have questions…
Are apps like ibotta a scam?
Is there a way for ibotta to make money?
Are apps like ibotta secure?
So let’s take a critical look at that in this Ibotta review.
Ibotta is an actual corporation that earns money by taking a modest commission (or finders fee) when an item is purchased using the app.
Affiliate marketing is the name given to this business approach. Instead of keeping all of the revenues for the company, they compensate their consumers and share a portion of the affiliate commission, making it a win-win situation for everyone!
So “the catch” is that this couponing app only gets to track and share your buying patterns in exchange for rebates that you can redeem for cash or gift cards. Does not sound much of a “catch”, does it? Therefore, with these online coupons from the Ibotta couponing app, no more fuss about your finances.
