Website URL: ibotta.com
Type of app: Cashback
Overall rating 4/5 Stars
I’m sure that many of you out there have likely seen Ibotta advertised somewhere, or possibly one of your friends has told you about it but you weren’t exactly sure what it’s all about.
I’ve got several requests to review this app from many of my loyal visitors and I have had this on my list of programs to review for quite some time now.
With all the rebate/cashback apps that are out there, you may find it to be quite the hassle to find one that will actually pay you and make this worth your time.
Within the following review, I’ll be going into detail about everything this app has to offer you, who’s eligible to join, and giving you an inside look at the earning potential that’s available here.
Some Inside Info About Ibotta
Ibotta was founded back in 2011 by Bryan Leach and in 2012 they launched their mobile app on the Google Play store and also in the Apple marketplace.
To date, there are nearly 18 million downloads and this happens to be one of the most frequently used shopping apps in the United States.
They have teamed up with some of the top retailers online in an effort to provide you with rebates on everything from groceries to electronics.
Since their launch back in 2012, they have paid out over 100 million dollars in cash back to its users and this number is constantly on the rise.
What Is Ibotta?
This is a mobile app that will pay you for shopping at your favorite retailers by offering you rebates and cashback from some of your favorite stores.
Unlike other mobile shopping apps, Ibotta doesn’t limit this to grocery shopping and they also offer rebates on clothing, gifts, electronics, and dining out at your favorite restaurant.
You’ll also have the opportunity to earn cashback from online purchases as well and you can also claim rebates on mobile in-app purchases when launched from inside their app.
How Does It Work?
You can sign up for an account on their website, but in order to earn rebates and cashback, you’ll need to download their mobile app.
Like I said earlier, this is available on both Android and IOS devices and this is available in the app store.
Once you download the app you’ll need to select a few of your favorite stores, browse and unlock the products that you’re interested in purchasing and go shopping.
Once you get home you’ll need to verify your purchase by scanning the product barcodes and scanning the QR code on your receipt.
After you have followed these steps this money is usually deposited in your account in under 24 hours.
With over 300 stores for you to pick from you should be able to hit their $20 payment threshold in no time.
Depending on the size of your grocery list you could end up earning your first $20 on your first trip to the grocery store.
There are also bonuses you can unlock for certain products that enable you to unlock even more cash back.
For example, you can earn $3.00 cash back when you buy 2 packs of either AA or AAA Duracell batteries.
This rebate also comes with a bonus of $1.00 in cash back when you redeem this offer.
I actually just redeemed this offer tonight.
2 (8) packs of Duracell batteries cost me $12.36 excluding sales tax!
I just received $4.00 in cash back which means the batteries only cost me $8.36.
Broken down this comes out to $4.18 for a 8 pack of batteries.
Pretty sweet wouldn’t you guys say?
Who Is This For?
Obviously, this app is geared more towards people who are responsible for most of the shopping in their household.
If you do the majority of the shopping in your household and you’re looking for a way to cut your grocery bill down and put some of that hard earned money back in your pocket, then I think you could really benefit from this app.
Also if you are a couponer who is always looking for discounts online before making a purchase, I think this would also be a good fit for you as well.
Basically, anyone who is looking to save money could benefit from this, because who doesn’t like to save money?
Make Money With Their Referral Program
Unlike Checkout 51, another cashback app that doesn’t currently have a referral program. Ibotta has a pretty sweet way for you to earn money by simply referring your friends and family to sign up.
Your referrals will receive a $10 sign on bonus and you’ll receive $5 for signing them up once they d/l the app and unlock their rebates.
There are several ways for you to share your referral link which I will list below!!
- Social Media
- Write a blog post listing the pros and cons along with a few key reasons why you should join
- Word of mouth
Enter Their Sweepstakes Drawing
Several times throughout the year you’ll have the chance to enter their sweepstakes drawing and earn some pretty cool prizes.
Here are just a few of their recent sweepstakes
- Date night giveaway
- Stockings of Swag
- December ski sweepstakes
- Friends and family
- Easter bag giveaway
To enter these sweepstakes you’ll need to have an Instagram account and be a follower of their official page @ibottaapp. You’ll also need to upload a screenshot of the dollar amount you’ve earned so far with their app.
Each sweepstake comes with its own set of rules and regulations that you’ll need to follow in order to qualify to enter each one.
- Versatile savings on anything from clothing, to groceries, to video games
- Over 300 stores to choose from
- Has a solid 4 and a half stars on Google Play
- 3 Different ways to earn cash back
- App can be a little buggy at times and not display rebates that you’ve unlocked from certain stores
- You won’t make any substantial amount of cash back if you don’t shop that much
Maximize Your Earnings With Teamwork
In addition to referring other people and getting paid $5 for each person who signs up and redeems their first offer, you can also earn bonus cash with other friends who are also using the app.
Each month you and your team will both need to reach a certain level in order to activate this bonus cash.
To start building your team you’ll need to link your Facebook account with your Ibotta account and tell anyone you want on your team to do the same.
Once this is complete you’ll be able to start building your team and working towards your monthly goals.
Each level that you complete will require you to not only complete your own goals, but also the team goal.
Earn A $20 Welcome Bonus
Not only can you earn a $10 welcome bonus, but there are 2 other bonuses that you can unlock within your first 3 weeks.
- $10Welcome Bonus
- $5 Boost Bonus
- $5 Bounce Back Bonus
In order to qualify for all of these bonuses, you’ll need to unlock rebates each week and verify your purchases.
How Will You Get Paid?
You’ll have 2 options when it comes to cashing out your earnings.
- Gift Cards
If you would rather receive cash payments then you can have this deposited directly into your PayPal or Venmo account.
Rather take your cash back in the form of a gift card?
There is a wide selection of gift cards for you to choose from ranging from Applebees to Best Buy and Amazon.
Each gift card has different requirements and before redeeming these you’ll need to meet these requirements.
You’ll need to reach a $20 payment threshold before you can cash out your earnings.
Payment Proof That Ibotta Really Pays Out
Before I fully endorse any product, service, or app, I want to make 100% sure that they really pay out before I recommend them to you guys.
Listed below is a screenshot of the most recent payment that I received from them!!
It only took me 3 weeks to earn this cashback and I didn’t buy anything that I normally wouldn’t buy to achieve this either.
Just my everyday routine, but only at a much cheaper cost, thanks to Ibotta!!
Is Ibotta Really Worth Your Time?
To be honest with everyone here today, I have reviewed many shopping apps that are similar to this one and none of them has even come close to everything that this shopping app has to offer.
If you’re the type of person who spends a good deal of money either online or in retail stores then this could definitely be worth your time and I think you could really benefit from this app.
We all go grocery shopping and purchase many everyday household supplies, so why not put some of that hard earned money back in your pocket?
I was able to earn $4.00 in cashback on my first shopping trip from buying 2 items.
This was something that I was gonna purchase anyway and being able to earn $4.00 in cash back was the icing on the cake.
Like I said earlier, you can also earn $20 in bonuses in your first three weeks, but in order to activate this feature, you’ll need a referral code.
To activate all 3 of your welcome bonuses enter referral code qrcwjcl
It’s always great to earn cash back on your everyday shopping activities and save money and I’m constantly searching for discounts on the daily.
What if you are looking to do more than earn cash back, and you would rather learn how to earn some life-changing money?
I use a program called Wealthy Affiliate. This is the place that showed me exactly how to build a business online based on my passions or interests.
If this sounds like something you would be interested learning more about then you should definitely check them out and see how they can help you.
Other than that, I hope this comprehensive review has helped you guys out and given you everything you need to make a sound decision as to whether Ibotta would be worth your time or not.
If you have any further questions about anything that I covered in this review, please leave them in the comments below and I would be more than happy to answer them for you.
Do you have a personal experience with this shopping app?
I would love to hear all about it in the comments below!