Recently, inflation has had a drastic impact on many everyday items and services. Groceries or toiletries you purchase may now seem more expensive than expected, causing your budget to feel tighter than ever. Luckily there are money-saving apps out there to help you earn cash back when shopping for those essential daily essentials.
Cash-back apps are online tools that allow users to earn a percentage of the amounts spent at select retailers and restaurants after transactions have been approved and processed successfully. Rewards may be deposited into either your PayPal or bank account after qualifying transactions have been completed; depending on the app you can also redeem these cash back rewards for gift cards.
Some cash-back apps require users to scan their receipt and upload an image or screenshot, while others feature search functions so you can find offers tailored to your spending habits.
Ibotta is an example of an extremely popular cash-back app, featuring both an app and browser extension that allow users to earn back a percentage of what they spend on eligible purchases like groceries, travel and online shopping. You could potentially earn cash back for purchases that qualify.
Dosh is another app that works by connecting to your credit card to scan its transactions and reward eligible purchases with cash back. New members receive a $1 welcome bonus while every friend they refer is eligible for $10 reward – and is available both on Apple iOS and Android devices.