I have talked several times about how I plan to save money in 2016 and I told you that I would regularly share some tips with you.
One of my biggest assets when saving money on groceries is Ibotta and that is why I thought I would share it with you. I did not receive any compensation for this post, I am sharing this with you because I believe in this product and it is one I use every week! Also, all the photos in this post are actual screenshots from the app on my phone.
With Ibotta you earn cash back on things you already buy. Imagine getting a dollar back for that frozen pizza you bought for dinner or two dollars back on diapers! Here’s the thing, those are just 2 of the most recent rebates I redeemed using Ibotta.
So, how does Ibotta work? It really is simple. You download the app on your smartphone and sign up. You can use Facebook to sign up which can help you earn more money with Teamwork (more on that later).
After you sign up you pick what rebates you want to look at, and there are a ton of categories! These are just a few.
You then select the store you want to earn your rebates from, and again there are a ton of stores you can pick from!
Once you pick a store, you will be brought to a screen that allows you to pick which rebates are available at that store.
Once you find a rebate that is relevant to you, you click on the button to unlock the amount.
There are different ways that the rebates are earned. You may be asked to watch a video, learn a fact, read a recipe, or take a survey.
It does take a little bit of time to unlock the rebates, but in the end it is worth it. First of all, you are earning money back on items that you are going to buy anyway. Second, even if the rebate is only for $0.25 it does add up over time.
With Ibotta there are also other ways you can earn money.
One way to earn additional money is by referring friends to use Ibotta. Everyone who signs up for Ibotta is given a code that is unique to them, and if your friends and family use it to sign up, you can earn $5 after they redeem their first rebate.
The second way is through Teamwork. If you use Facebook to sign up or refer friends they will be in your team. Every month the rebates that you and your team earn are added up and you can earn bonuses. The more rebates you and your team redeem the more you can earn, meaning that the larger your team the more money you can earn.
So I know that this all seems like a joke, right? You want real proof that I am earning money, right? The next two screenshots show exactly how much I have earned just since March of 2015. I joined in January of 2014 and I was skeptical about how much I could earn and such, so I never used it until March 2015. Since then I have earned over $110!
So it’s not a new car or anything, but it’s still money that I wouldn’t have otherwise. It is still nice for a little extra money I can put into my bank account.
You have to earn $20 before you can withdrawal, and you have to have PayPal.
Have you heard of Ibotta? Do you plan to sign up?
P.S. If you want to sign up, use my code so I can earn a little money and we can be teammates!