Ibotta Review: Is It Actually Worth My Time? - SurveysWonk

Ibotta Review: Is It Actually Worth My Time?

Ibotta Homepage

Homepage of Ibotta.com

There are a number of ways to make money online from home today. If you could make money off of doing something that you already do in the first place, wouldn’t you do it? Ibotta is a web application and a mobile app, which helps you increase your cash inflow avenues, by earning you rebates or cash backs for every single item you purchase.  Only purchases from accredited stores in the United States are synced with the app.  This is an app for anyone who frequently goes shopping since they can make an impressive amount of money without extra effort.

How Ibotta Works

Signup:

To make money through this service, the first thing you need to do is to follow a simple signup process. There are two ways to join Ibotta- you can sign up through the website or download the mobile app.  During signup, if you were referred by someone else who is already using Ibotta, you will receive a referral code that will enable you to get a bonus of $10. You can only use this after you make your first purchase and show your receipt for verification. You can refer your friends after signing up and can make extra money by doing this. This makes it easier for you to reach the $20 cash out requirement.

Want to Earn $10 Right Now?

All you have to do is click the link below and signup for Ibotta. It's that easy!  Don't waste anymore time, get started NOW!

Find Items You Need to Purchase:

After signing up, you will be able to see all the stores that qualify for Ibotta purchases near you. To see available items for purchase, you have to click the store outlet near you, and the list of available items they pay cash back on will appear along with the rebate you can earn on each item. You can then look at the items and select the ones you would like to purchase and get a rebate on.

*Note: Sometimes you will be asked to do tasks such as watch videos in order to unlock rebates.  We found these to be very short, no longer than 30 seconds.  See below for an example.  ​

Example of video to unlock rewards on Ibotta

Example of video you have to watch to unlock rebates.

Go Shopping:

After you find the items you need to purchase, it is time to go shopping. Head straight to the store outlet near you, purchase the items that you need, as well as those that qualify for cash back. Make sure you get a receipt of your purchase since you will need the receipt later on.

Upload Your Receipt for Confirmation: 

Once you are done shopping, you need to upload your receipt to confirm the purchase so you can get a rebate. The fastest and easiest way to confirm your purchase is to scan the bar code on your receipt. Ibotta will automatically find the list of items you purchased and give you cash back on those items eligible for cash back. Alternatively, you can also take a picture of the receipt of the items you bought, and then manually add the items purchased and you will automatically get cash back on the items allowed. The verification process may take a little longer than scanning the receipt, but eventually, you should get your cash back.

Which Items can I Earn Rebates on?

Ibotta will pay rebates or cash back on a number items. The most common items you will find available are grocery items. Occasionally, you can find other items such as electronics, office supplies, and more. Since groceries are common and necessary, you will receive a lot of money back in a short amount of time.

Types of Rebates

There are two types of rebates that you find with Ibotta, and the amount of cash back differs depending on the item you purchase. Generic rebate pays the least cash back, but are most common and basic needs items that you will buy more frequently and earn a lot of cash back after a while. On the other hand, brand specific rebates are more specific rebates and usually pay more than the generic rebate: They are offered on specific items only.

What Stores Allow Ibotta?

There are a number of Ibotta accredited stores all over the United States; and some of them at a glance are Walmart, Kroger, Rite Aid Pharmacy, and more. The best way to know the nearest accredited store is by checking the app or the website, and the available stores will be visible to you through your account.

How Do I get Paid?

Currently, Ibotta cash out requirement is $20, a small limit for people who frequently grocery shop. After hitting the cash out limit, Ibotta will pay you through PayPal or Venmo, so that everyone can get paid regardless of what service they use. Ibotta also introduced another form of payment, which is available in form of gift cards. These are usually Walmart gift cards starting at $25.

How Can I Make More Money?

There is no limit to the amount of money that you can make. Ibotta offers several ways to make even more money apart from making a purchase and earning cash back. Here are some of the most common methods to make more money.

Utilize In-App Purchases:

There are in-app purchase rebates and people can make from 2% to 10% cash back when clicking and making a purchase. Some of these partners include eBay, Jet, Hotel.com, and many other useful websites.

Refer New Members:  

You can get paid for every new member you successfully refer to sign-up for Ibotta. So refer all your friends to earn $5 for each referral. You can encourage your friends to signup by letting them know that they get a $10 bonus when they signup through your referral link.

Create Your Ibotta Team:  

The more people you refer to Ibotta, the more you are able to make more money. All the individuals that you refer become your team members, and you will earn a team bonus every month when Ibotta announces new group bonus. The more active your team is, the more you will make with the team bonus. You can also make even more money by connecting your Facebook account with Ibotta, so every time a friend uses the cash back service you get paid as well.

Check for Bonuses and Offers:  

Ibotta also offers bonuses at the end of every month. If you are not into making more money by shopping or creating teams, you can keep a close watch on impressive bonuses being offered monthly.

Pros

  • It is available for  mobile users and desktop users and anyone is eligible to make money with Ibotta since they both work just the same.
  • It provides several ways its users can make even more money such as team bonus earning, bonuses and offers, and more.  Purchasing groceries is not the only way you can make money.
  • It is the easiest and fastest way to make money online since you don't work several hours in front of a computer like other ways of making money online.
  • Using the app or website gives people a more simple way to save money.
  • Payout limit is small and the payment method is designed to make it easy for users to receive their money.

Cons

  • It is not available at some local stores and is not accessible to everyone. With the introduction of online partners such as eBay, Walmart, Jet, and others, Ibotta tries to make sure that everyone can receive cash back.
  • ​It does not include all items as legible for rebates. There are only a few items, mostly groceries, that can earn you cash back.
  • The cash out amount frequently changes, and in the near future, it may rise even higher which will require more efforts to make more money and hit the payout limit.
  • Services are only available for the US residents and not other countries. 

Should I Use Ibotta?

Ibotta is an amazing means of making extra money by just doing what most of us do on a daily- shopping for things we need. Ibotta also provides a good way of saving money online with cash back from purchases.  The clean website and app versions of the site make Ibotta super easy to use.  If you sign up today we will even give you an exclusive code to earn $10!  We highly recommend that you start right away by clicking here.  

However, if you read something here that you didn't agree with, but are still on bored with the cash-back idea, we've got the answer for you. check out Mr. Rebates or Ebates, two very similar sites. They are cash-back driven websites where you can earn cash-back on purchases from popular stores. Along with those two, Receipt Hog is a similar site where you can earn points for scanning specific images while shopping, and uploading receipts. ​

P.S. If you are really looking to make more money online check out our Top 20 Online Survey Sites or head on over to one of our top picks: Swagbucks

More, More, & More

If you still are not satisfied, we have even more options for you! Our blog features dozens of unique money making websites most of which do not require you leaving your own home. A site like Virtual Bee will earn you money by having you complete date entry tasks on your computer. Furthermore, Mindswarms is a unique site where you film yourself trying out products and answering questions. Additionally, a site like Product Testing USA will physically send you products to test, and you get to keep them after writing a review and answering a few questions.

Sites like these, and many more, are all on our blog. Here at Surveyswonk, our mission is to help you make money online. we carry out this mission by researching and writing reviews on money making opportunities. We make sure we get to the bottom of each site, give you the pro's and con's, and ultimately either give the site a green or red light. So, check us out, and hopefully we can help you make money online. ​

 

Jhoanna Enriquez

I'm a college sophomore still waiting for her Hogwarts acceptance letter. I'm an English major and a Business minor at the University of California, Riverside. I love vintage cameras, claw machines, and memes. My Netflix recommendations are Peaky Blinders, The Magicians, and Black Mirror, so go watch those instead of reading this! ٩(◕‿◕)۶

Click Here to Leave a Comment Below