Overview
Ibotta
Karma
About
Ibotta is a cashback rewards platform where members can save money by earning cashback on in-store and online purchases at a variety of retailers. Founded in 2012, the platform is one of the largest and most well-known cashback platforms in the United States. Learn more.
About
Karma is a smart shopping rewards platform where members can earn cashback, get notifications for products (incl. price drops and restocks), find coupons automatically, and more. Founded in 2014, the platform claims to have saved its member over $200M. Learn more.
Status
Active, LegitStatus
Active, LegitTrust Rating
Trust Rating
Helps You
Make Money Save MoneyHelps You
Make Money Save MoneyBest For
Ibotta is for anyone looking to save some money by earning cashback on their purchases. With a wide variety of retailers and earning options, there's a good chance you could save money on at least a few shopping trips a year by using the platform.
Best For
Karma is for those who often shop online that are looking for ways to save money, optimize their shopping, and get cashback on their purchases.
Age Requirement
18 years oldAge Requirement
18 years oldSupported Locations
Shared by Ibotta and Karma:
Puerto Rico, United StatesUnique to Ibotta:
NoneUnique to Karma:
Afghanistan, Åland Islands, Albania, Algeria, American SamoaSupported Languages
Shared by Ibotta and Karma:
EnglishUnique to Ibotta:
NoneUnique to Karma:
Deutsch, Español, Français, Italiano, PortuguêsSupported Devices
Shared by Ibotta and Karma:
Android Phone, Computer Browser, iPhone, Smartphone Browser, Tablet BrowserUnique to Ibotta:
NoneUnique to Karma:
Android Tablet, iPad, Mac ComputerOpportunities
Compare the opportunities on Ibotta vs the ones on Karma.
Shared By Ibotta And Karma:
Cashback Online Shopping SavingsUnique To Ibotta:
Grocery Savings In-Store Savings Receipt Sharing Refer-a-Friend Streak RewardsUnique To Karma:
Price Drop Savings Promo Code Savings Sweepstakes Online Sweepstakes Monthly SweepstakesSummary
Karma has 9 total opportunities while Ibotta has 8
Karma has 1 more opportunities than Ibotta
Earner/Saver Comparison: Ibotta vs Karma
Which platform is better for earning/saving money? Ibotta or Karma? Compare earner and saver-related features and attributes below.
Ibotta
Karma
About
Ibotta savers can earn cashback on online and in-store shopping purchases by either shopping directly through Ibotta, scanning receipts, or linking store loyalty cards. Money can also be earned by referring new members to the platform. After accumulating $20.00, earnings can be cashed out via bank transfer, PayPal, or gift cards.
About
Karma Shop members can sign up for free and earn cashback by shopping online via the platform. There are also other features that help members save money and shop smarter, like price drop alerts. After accumulating $30, Karma Cash can be redeemed for actual cash via PayPal.
Type of Income
Active Semi-PassiveType of Income
Semi-PassiveCommissions/Fees
$3.99 account maintenance fee for inactive accounts (explained further in the "Work Schedule" section).Commissions/Fees
N/AMinimum Payout
$20.00Minimum Payout
$30Payout Options
Shared by Ibotta and Karma:
PayPalUnique to Ibotta:
Amazon Gift Card Best Buy Gift Card Direct Deposit DSW Gift Card Gift CardsUnique to Karma:
NonePayout Speed
0-7 daysPayout Speed
90-100 daysEditorial Ratings
Editorial Ratings
User Ratings
Based on 6 reviews from Ibotta Savers. 100% of reviewers said they would recommend the platform to others.
User Ratings
Based on 1 reviews from Karma Members. 100% of reviewers said they would recommend the platform to others.
Pros
- Sometimes offers completely free items (i.e. you get the exact value back in cashback).
- Earn cashback on your in-store or online purchases at more than 500,000 locations (and counting).
- You can maximize your earning potential with Ibotta's various bonuses.
Pros
- Lets users shop smarter with price/restock alerts and deal-finder features while earning rewards.
- Has a $5 sign-up bonus.
- Available worldwide.
Cons
- Has a high minimum payout threshold.
- Requires phone number verification before payout.
- Some cashback rebates can take a while to credit.
Cons
- Has a high minimum payout of $30.
- Need to wait a long time to receive your cashback and payout.
- You can only earn through shopping online.
Hourly Earning/Saving Stats
Hourly Earning/Saving Stats
No data. Submit a review to help us learn more about Karma!
Monthly Earning/Saving Stats
Monthly Earning/Saving Stats
No data. Submit a review to help us learn more about Karma!
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