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Want to know the secret to snagging the most money possible from the Ibotta Welcome Bonus?
Follow this guide to earn $20 (that’s twice as much as the well-known “$10 Welcome Bonus”) with these 3 steps.
Complete Guide to the Ibotta Welcome Bonus: Step-by-Step
STEP 1: Ibotta $10 Welcome Bonus
Download Ibotta with a qualifying link (like this one), redeem an in-store offer, and get $10.
Example: Is bread on your grocery list?
Buy a loaf, take a picture of your receipt, and Ibotta will put $11.50 into your Ibotta account ($10 for the welcome bonus, and $1.50 for buying the bread)
Note: To get your welcome bonus, The item you redeem cannot be an ‘Any Item’ or ‘Any Brand’ item like these strawberries:
You must redeem a specific offer like the Base Culture Sandwich Bread up above.
STEP 2: $5 For Redeeming a Mobile Offer
‘Mobile Offer’ means Online Offer—Ibotta is going to pay you $5 to shop online.
Open the Ibotta app and click the Mobile Offer tab to find a list of Ibotta retailers (Walmart, Amazon, Vitacost, Apple Music, Underarmor, etc.) Select a retailer, do your online shopping, and get paid $5.
What’s more, you don’t even need to take a picture of your receipt. An electronic link is formed between Ibotta and the mobile retailer which allows Ibotta to automatically receive information about your purchase and pay you $5.
Example: If you’re thinking about renting an Amazon Prime Movie tonight, do it through the Ibotta App.
You’ll get 5% Cash Back on your rental PLUS an additional $5 for redeeming your first Ibotta Mobile Offer.
STEP 3: $5 To Keep Going
Keep using Ibotta. The next ‘in-store’ or ‘mobile’ offer you redeem will be accompanied by an *additional* $5 in your Ibotta wallet. Ibotta is literally paying you to take advantage of their Cash Back offers and Discounts. So take advantage.
What’s the Catch?
1. You only have 30 days. If you want to earn $20, you must perform these 3 steps within 30 days of creating your Ibotta account.
2. Your Ibotta account must be created on a unique smartphone device. That means if you’ve already downloaded the Ibotta app and created a login, you are no longer eligible to earn these $20 in Ibotta hidden bonuses.
How To Redeem My Ibotta Money
The withdraw threshold for Ibotta is $20—which is fine because after you perform the 3 free-money steps above, you’ll have more than $20 in your Ibotta wallet.
So what are your options:
1. Free Gift Cards
Ibotta has a 57 redeemable gift card options for you to choose from, and they will send you your gift card FAST! You will receive an email with a direct link to your e-gift card within an hour after you request it. Sign up with Ibotta, grab your free $20 in welcome bonuses, and redeem a gift card today. Here’s a sneak peek at your options:
- Barnes & Noble
- Bath &Body Works
- Best Buy
- Buffalo Wild Wings
- Olive Garden
- Regal Movies
- Southwest Airlines
- Whole Foods
Related Post: Ibotta vs Ebates– Which Is Best For You And Your Wallet?
2. Cash Money
Use Ibotta to stash a little extra money in the bank. Send your Ibotta money to your linked PayPal or Venmo account and make this month’s bills a little lighter.
How Is Ibotta Able To Give Me Free Money?
Ibotta is a referral website. They refer you to buy items from the grocery store.
When you buy Jif Peanut Butter, Ibotta contacts Jif and says you bought their peanut butter to earn $0.50 cash back. Jif sends Ibotta money as a thank you for the extra business, and Ibotta shares that with you.
Find out ALL of the details (and tips to save even more money with Ibotta) in our Ibotta App Review.
Ibotta Referral Code FAQ
1. How fast can I earn $20 in welcome bonuses?
You can earn your $20 in welcome bonuses in as little as one day. And because Ibotta sends you your chosen gift card within an hour of requesting it, you can have $20 in free Starbucks money ready to be spent tonight.
2. Can you remind me how to earn the $20 in welcome bonuses?
- Download Ibotta here
- Redeem an in-store offer ($10)
- Redeem a mobile offer ($5)
- Redeem an in-store or mobile offer ($5)
- Preform steps 2-4 within 30 days of creating your Ibotta account.
3. What other apps have easy-to-earn welcome bonuses?
Our favorite apps with lucrative free money welcome bonuses are:
- Dosh App: $5 — (Dosh App Review)
- Ebates Account/App: $10 — (Ebates Review)
- Drop App: $5 (this one comes and goes) — (Drop App Review)
4. Any other apps like Ibotta?
Another great app that works *almost* identical to the Ibotta app is CoinOut. This app was featured on Shark Tank because it loads up your account with free money just for taking a picture of ANY RECEIPT.
Alright, that is everything you need to snag that lucrative $20 Ibotta Welcome Bonus!
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