Cash back apps have become popular tools for saving money on everyday purchases, from groceries to gas. These apps offer a simple and convenient way to earn money back on the things you buy regularly.
With cash back apps, you can earn a percentage of your purchase price as cash back, which is usually deposited directly into your account. This means that every time you shop for groceries or fill up your gas tank, you could be earning money back. And the best part? It's completely free.
7 Popular cash back apps in the market
There are many cash back apps available in the market, each with its own unique features and benefits. Here are some of the most popular cash back apps you can consider:
Rakuten
Formerly known as Ebates, one of the oldest and most well-known cash back apps, Rakuten is a popular cash back app. Rakuten offers cash back on a wide range of online and in-store purchases, including clothing, electronics, travel, along with exclusive deals and promotions for its members.
Apple App Store rating: 4.8
Google Play rating: 3.8
Sign-up Bonus: $30 Welcome Bonus
Upside
Apple App Store rating: 4.8
Google Play rating: 4.6
CoinOut
CoinOut enables you to receive immediate cash back by uploading any receipt, without the need for specific product purchases or coupon utilization. Just scan your receipts, and Coin Out will provide cash back based on the total amount spent.
Google Play Store rating: 4.0
Apple App Store rating: 4.6
Ibotta
Ibotta focuses on grocery and everyday household items. It offers cash back on specific products and brands, as well as on grocery store purchases. Ibotta also has additional bonuses and challenges that allow you to earn even more cash back.
Apple App Store rating: 4.8
Google Play rating: 4.5
Dosh
Dosh is a cash back app that focuses on in-store purchases. It works by linking your credit or debit card to the app, and when you make a qualifying purchase at a participating store, you automatically earn cash back. Dosh also offers additional bonuses and rewards for referring friends. Once you’ve collected at least $15 in cash back, you can put it in your bank account, PayPal, or Venmo for spending later.
Apple App Store rating: 4.7
Google Play rating: 4.5
Receipt Hog
Users can earn coins by uploading receipts for various purchases, including groceries. These coins can be redeemed for PayPal cash or Amazon gift cards.
Apple App Store rating: 4.7
Google Play rating: 4.5
Shopkick
Shopkick rewards users for both online and in-store shopping, including groceries. Users earn “kicks” that can be redeemed for gift cards once users submit receipts and scanning product bar codes. Cash back rewards are payable as gift cards.
Apple App Store rating: 4.6
Google Play rating: 3.8
How do cash back apps work?
Cash back apps work by partnering with retailers and businesses to offer exclusive deals and promotions. When you make a purchase through the app, the retailer pays a commission to the app, which is then shared with you as cash back.
Many apps partner with local businesses and online retailers, offering exclusive deals and promotions that you might not find elsewhere.
Most cash back apps have a simple process. You start by downloading the app and creating an account. Once you're set up, you can browse through the available offers and select the ones that interest you. When you're ready to make a purchase, simply click on the offer and follow the instructions to complete your transaction.
The app will track your purchase and calculate the cash back you've earned. Depending on the app, the cash back may be deposited directly into your account, sent to you as a check, or redeemed for gift cards or other rewards.
Using cash back apps is a hassle-free way to earn money on your everyday purchases. It's like getting paid to shop!
Benefits of using cash back apps
There are several benefits to using cash back apps. First and foremost, it's an easy way to save money. By earning cash back on your purchases, you can stretch your budget further and have more money in your pocket.
Cash back apps also offer a wide range of deals and promotions. You can find offers for groceries, clothing, electronics, travel, and more. With so many options, you're sure to find deals that fit your needs and preferences.
Another benefit of cash back apps is that they often offer sign-up bonuses and referral programs. When you sign up for an app, you may receive a bonus just for joining. And if you refer friends or family members to the app, you can earn additional rewards.
Cash back apps are also convenient to use. Most apps have user-friendly interfaces that make browsing and selecting offers a breeze. You can use the app anytime, anywhere, whether you're at home or on the go.
These are just a few examples of the many cash back apps available. It's worth exploring different apps to find the ones that offer the best deals for your shopping habits and preferences.
Strategies for saving money with cash back apps
To maximize your savings with cash back apps, here are some strategies you can use:
1. Plan your purchases: Before making a purchase, check the cash back app to see if there are any offers available. If you're planning a big purchase, such as a vacation or major appliance, it's worth waiting for a higher cash back offer.
2. Combine offers: Some cash back apps allow you to stack offers, meaning you can use multiple offers on the same purchase. For example, you could use a cash back offer from the app along with a coupon or promo code for additional savings.
3. Refer friends and family: Many cash back apps offer referral bonuses, so make sure to share your referral link with friends and family. Not only will they benefit from the app, but you'll also earn additional rewards.
4. Stay updated: Cash back offers and promotions can change frequently, so it's important to stay updated. Check the app regularly for new offers and make sure to read the terms and conditions to understand how the cash back works.
By using these strategies, you can make the most of cash back apps and save even more money on your everyday purchases.
Final takeaway
With a wide range of offers and promotions, cash back apps make it easy to find deals that fit your needs and preferences. Plus, many apps offer sign-up bonuses and referral programs, so you can earn even more rewards.
Whether you're a savvy shopper looking to stretch your budget or simply someone who wants to make the most of their everyday purchases, cash back apps could be the answer. Start putting money back in your pocket today!