My Honest Ibotta App Review – Is it worth the time?
Today I want to give you my honest ibotta app review. We will look at the application together to see if it is worth the time spent for the cash they give you back.
Today’s ibotta app review is fairly short. This is because ibotta’s process is just that simple. As I write this review, I keep scrolling through the ibotta app to try to find more to talk about. This is why I was thoroughly impressed with the overall process of getting the rebate deposited into my account.
The question is, “Was it worth my time?”
Spoiler Alert! Yes, it is very much worth the time. Here is why…
Who is ibotta (I bought a…)?
First, let us start off with a quick review who ibotta is.
Ibotta is a start up based in Denver, Colorado that specializes in giving you cash back for purchases you make at particular stores. In fact, they have over 300 stores to select from including Amazon, Uber, Target, Kroger, and so on.
Ibotta makes their money off of affiliate income from the stores they partner with. A consumer goes to a store to purchase an item and redeems the rebate within the ibotta app. That store then credits ibotta for pointing the consumer to them. Ibotta also makes some money off of the little tasks you have to complete before adding a rebate (more up next).
Here is how that works. A consumer goes to a store to purchase an item and redeems the rebate within the ibotta app. That store then credits ibotta for pointing the consumer to them. Ibotta also makes some money off of the little tasks you have to complete before adding a rebate (more up next).
Ibotta also makes some money off of the little tasks you have to complete before adding a rebate (more up next).
How does the app work?
Within the ibotta app, you will want to add rebates from your favorite stores. This is done in the ‘Find Rebates’ section and clicking on the plus symbol on items that interest you.
Every time you do add a rebate, you must complete a very short task. So far all I have seen are one question surveys. I am not sure if there are other tasks or not though I have heard there are videos they have you watch. So far these tasks have been really simple.
There are three different ways to get money back through the ibotta app. The first is by sending a receipt back to ibotta. Secondly, you can link a loyalty card from your favorite stores. Lastly, you can make mobile in-app purchases.
My favorites are the last two methods because they require essentially no work. We will walk through all three methods for this ibotta app review though.
The process was fairly simple as it only consists of four major steps:
1. Find Rebates
Here you will want to hop into ibotta app to search for rebates. I like to go into the ‘Find Rebates’ section which allows me to see my favorite stores that I bookmarked. Once I selected a
store, I start searching for any rebate that applied to what I needed.
2. Go Shopping
After you get the rebates locked and loaded, it is time to go shopping! Don’t forget to head to the store before the rebate expires.
Once you get back from the store it is time to hop back into the ibotta application. Here you will want to select the ‘Redeem’ button to take a picture of the receipt as well as the bar code of the
product you bought.
4. Get Cash
They promise you will get your rebate within 48 hours. Mine was dropped to me within an hour. I was really impressed at the speed!
Link a Loyalty Card
This is my favorite method to gain rebates through the ibotta app. Here you only have to link up a loyalty card to your favorite stores, for me, King Soopers.
Here is what you need to do to get it set up:
1. Link Loyalty Card
Link up your loyalty card from your favorite stores (that are in the ibotta network) to your ibotta account. You can either use your loyalty card number or phone number. How cool is that?!?!
2. Find Rebates
Just like in the ‘By Receipt’ method head over to the ibotta app to search for rebates. Add the rebates you want.
3. Go Shopping
Head to the store you linked up to, using your loyalty card or phone number during check out. Because ibotta can see that transaction through your loyalty card they will take care of the rest.
4. Get Cash
Within 48 hours you should see the rebate deposited into your account.
Mobile In-App Purchases
1. Find Rebates
Before heading to any of the shopping mobile apps that ibotta has partnered with, find the right rebate for what you need.
2. Launch App
Within the ibotta app, open up the shopping mobile app such as Amazon.
3. Go Shopping
Find the product you are looking for. Make sure it qualifies for the rebate!
4. Get Cash
Ibotta will confirm that the rebate is pending. Within 48 hours you should see the rebate deposited into your account.
Getting Your Cashback
When I first set out to start researching for this ibotta app review I thought to myself, “There is no way it is going to be this easy to get the rebate back.” I found from past experiences that most companies make you go through so many loop holes just to get paid.
To my surprise, receiving the rebate back was super-efficient. It was not 60 minutes later when I received my cash into my ibotta account.
There are many options to withdraw this cash to be able to use. They give you the option to deposit to your PayPal or Venmo account. There are also options to buy gift cards as well!
Sadly, there is one loop hole you have to jump through. There is a $20 minimum before you can withdraw your rebate cash.
But, Hey! This ibotta app review could not be all positive news!
I guess that is better compared to the $100 minimum the Stock Photography sites that I participate with have.
Other Helpful Tips
When I first launched the ibotta app for this review, it prompts me to find favorite stores. Do not skip this step as I enjoy having my favorite stores easy to find at the top of the ‘Find Rebates’ section. On the ‘Featured’ page, this will also automatically pull to the top any featured item from your favorite stores making it easier to find more awesome stuff.
Secondly, there is a teamwork feature that allows you to link with friends through Facebook. This program allows you to earn cash quicker. I have not tried this feature yet but ibotta claims, “The bigger your team, the faster and easier it is to earn Teamwork Bonuses.”
Finally, check out the ‘Bonuses’ page under your ‘Account’ page. Here there are some more direct rebates from companies. You might find something special for you.
My Final Thoughts
So, now that we have looked over all of the major elements, let’s take a final glance for this ibotta app review.
I really like the app and the concept it has brought to the shopping front. They really have nailed the process down to a science which provides a smooth experience. Because everything runs like a well-oiled machine, I do not see this company slowing down at all.
I am not totally sure that my shopping methods work well for ibotta or any couponing. My personal belief is that I do not need to go shopping just because I have a coupon. My wife and I make a menu for the up and coming week based on recipes we enjoy a lot. Then we see if there are any coupons for those recipes. Typically, there are not many.
Maybe we need to change our menu’s to revolve around the coupons instead.
How do you handle coupons? Have you tried Honey yet?
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More Ways to Make Money
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