How to Use Cashback Apps to Save Money

Okay, let’s be honest. Who doesn’t love saving money? It feels amazing to watch your bank account grow, even if it’s just a little bit. But sometimes, saving feels like a massive effort. What if I told you there's a surprisingly simple way to earn money back on your purchases? Enter cashback apps!

They’re incredibly easy to use, and with a little strategy, you can significantly reduce your spending. Let’s break down how to get started.

What are Cashback Apps?

Cashback apps partner with tons of retailers – from giant names like Amazon and Target to smaller local businesses. When you shop through the app, you earn a percentage of your purchase back as cash, points, or rewards. It’s like getting a discount and earning money back at the same time!

Popular Cashback Apps to Consider:

Rakuten (formerly Ebates): This is arguably the most well-known and widely used. They have the largest selection of retailers and offer a straightforward cash-back system.
Ibotta: Primarily focused on groceries and household essentials. You typically get cash back on specific products you scan and submit receipts for.
Fetch Rewards: This app is super simple – just scan any grocery receipt to earn points, which you can then redeem for gift cards.
Honey: This browser extension automatically searches for and applies coupon codes while you shop online, plus it gives you cashback on certain purchases.

Here's How to Use Them Effectively:

Download & Create an Account: Most apps are free to download and use. Sign up for an account to track your earnings and access personalized deals.
Browse & Shop: Before you head to a retailer's website, open your cashback app. It will often display a button or link that takes you directly to the retailer’s site – but through the app.
Activate the Offer: Ensure the cashback offer is “activated” within the app. This is crucial! It’s very common to shop without activating the offer and then realize you didn't get anything back.
Make Your Purchase: Proceed with your purchase as you normally would.
Submit Your Receipt (for some apps): With Ibotta and Fetch Rewards, you’ll typically need to scan your receipt within the app to confirm your purchase.
Get Paid: Once the retailer confirms your purchase (usually within a few days), your cashback will be credited to your account. Payouts usually happen via PayPal, check, or gift cards.

Tips for Maximizing Your Cashback:

Stack Offers: Some apps allow you to combine offers – for example, using Rakuten and a coupon code.
Check for Bonus Offers: Many apps have bonus offers for new users or for referring friends.
Read the Terms & Conditions: Understand the specific rules of each app, such as minimum purchase amounts or qualifying products.

The Bottom Line:

Cashback apps are a fantastic way to save money without drastically altering your shopping habits. It’s a little bit of extra effort that can quickly add up over time. Give them a try – you might be surprised at how much you can save!