What Is Ibotta?
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.
General Details 📜
|Helps You:||Make Money Save Money|
|Opportunities:||Cashback Grocery Savings In-Store Savings Online Shopping Savings Receipt Sharing |
Contact Info ☎️
|Socials:||LinkedIn • Facebook • Instagram • Twitter • TikTok • Pinterest • YouTube|
|Emails:||firstname.lastname@example.org (for general support) • email@example.com (for general inquiries) • firstname.lastname@example.org (for account-related inquiries) • email@example.com (for legal disputes) • firstname.lastname@example.org (for privacy concerns)|
|Support Pages:||Help Center|
Company Details 🏢
|Legal Name:||Ibotta, Inc.|
|Headquarters:||Denver, Colorado, United States|
Who Is Ibotta 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.
|Minimum Age:||18 years old|
|Supported Locations:||Puerto Rico, United States|
|Supported Devices:||Computer, Smartphone, Tablet, Android Phone, iPhone|
Ibotta can be accessed via web browser or app. Some features are only available in the mobile app version of the platform.
|Other:||Only one (1) account per Ibotta saver. Phone number verification required.|
How Does Ibotta Work?
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.
Key Points 🔑
|Income Type:||Active, Semi-Passive|
The Ibotta browser extension makes online cashback semi-passive. It'll alert you when cashback offers are available.
There's a $3.99 account maintenance fee for every 30 days that your Ibotta account remains inactive. An inactive account is one that has had no activity for at least 180 days.
|Payout Options:||Direct Deposit Gift Cards PayPal Amazon Gift Card Best Buy Gift Card |
|Payout Speed:||0-7 days|
Payout speeds vary by payout option. PayPal payouts are typically received within 2 hours but can take 1-3 business days in some cases. Gift cards are sent within an hour. Direct deposit payouts typically take anywhere from 0-5 business days but can take up to 7 business days in some cases.
|Commissions / Fees:||$3.99 account maintenance fee for inactive accounts (explained further in the "Work Schedule" section).|
|Sign Up Bonus:||$10 when you spend $30 online shopping through Ibotta within 45 days of registration. May not be available at all times.|
Pros and cons are based on real Ibotta Saver reviews.
Getting Started 🔢
Becoming an Ibotta saver is free. To get started, head over to the platform's website or download the app to create an account. You can do this by signing in via Google, Apple, or Facebook, or you can sign up via email.
From there, you may be asked to share your full name, confirm your email, and link your phone number. If not, you'll be required to do this before your first payout request on the platform.
Sign up bonus: $10 when you spend $30 online shopping through Ibotta within 45 days of registration. May not be available at all times.
Earning and Saving Money 💵
The primary way to earn/save money with Ibotta is with the platform's cashback offers. These are available for both in-store and online purchases.
- In-store cashback: For in-store cashback, you'll need to browse Ibotta first and add eligible cashback offers (i.e. products, brand deals, etc.) to your Retailer List before you shop. Then, you can redeem your offers in two ways:
- Loyalty card linking: This is only supported by some retailers. Just link your loyalty card, use it at checkout, and you're good to go. Ibotta will automatically match up your offers with your purchase. This works for online grocery orders as well.
- Receipt scanning: With this method, after you make your purchase you'll need to open the Ibotta app, select the offers you're redeeming, and then submit a photo of your receipt. There may be some retailers that require you to scan a QR code or receipt barcode in order to redeem your offers.
- Online cashback: Online cashback is easy to earn. Just shop at eligible retailers through the Ibotta website, mobile app, or browser extension. Once you make a purchase, you'll receive a confirmation from Ibotta and your cashback will be credited to your account soon after.
As you make cashback purchases on Ibotta, you may also uncover Bonuses. These allow you to earn extra cashback by purchasing specific products or shopping at certain times. You may also receive Streak bonuses, which award you for making specific purchases during consecutive shopping trips.
Another way to earn some extra money with Ibotta is by referring new members to the platform.
- Referrals: Share your referral code to earn $10 after your referral signs up and completes a qualifying redemption (i.e. redeems their first offer and submits a receipt).
Cashing Out 💰
Once you have at least $20.00 in your balance, you can cash out your Ibotta earnings via Direct Deposit, Gift Cards or PayPal.
After cashing out, you can expect to receive your Ibotta payout in 0-7 days. (Payout speeds vary by payout option. PayPal payouts are typically received within 2 hours but can take 1-3 business days in some cases. Gift cards are sent within an hour. Direct deposit payouts typically take anywhere from 0-5 business days but can take up to 7 business days in some cases.)
Free Platform Discovery Tool
Find other helpful platforms for making money, managing your finances, growing your business, and more!Try It!