Latest posts by R.J. Weiss, CFP®
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- 6 Personal Finance Ratios You Need to Know - November 6, 2017
- 7 Surprisingly Simple 401(k) Tips You Need to Know to Retire Rich - November 2, 2017
Cutting expenses for housing and transportation takes work. It might require moving or buying/selling a car.
That leaves food as the one budget category that’s easy to make a real dent into your monthly expenditures, FAST .
An easy way to save on groceries is to use popular cash back apps. In most cases, you don’t have to change much. It only requires taking a minute to scan the item and receipt.
Here’s 6 cash back apps for groceries that can help you cut your food budget–in a hurry!
Quick tip: What’s nice with many of these apps are the coupons are stackable. More so, many of the same apps feature the same coupons. For example, say the iBotta app has a $1 off coupon for a certain brand of yogurt available at Target. You can scan the item in the iBotta app, then scan the same item in another app to get another $1 back. So for maximum savings, download as many apps as you can handle!
Top Cash Back Apps For Groceries
# 1 – Trim
I’ve talked a bit about Trim, as I use it myself and benefit quite a bit.
The goal of Trim is to become your automated personal finance assistant.
Trim works inside of Facebook messenger.
You start by downloading the app. Then, syncing your credit card data.
Trim’s goal is to find you customized coupons, promos, and rebates. When they do, they send you a message on Facebook.
After signing up a few months back, I got an email from Comcast that I had a $5 credit towards my account. When I logged into Facebook, it turns out that Trim negotiated this $5 credit based on how much data I used.
Pretty cool, right?
As far as groceries, Trim can help there as well.
Trim has different promotions going for cash back for grocery purchases. The current promotion is:
“Spend $5 or more at any U.S. grocery store with an eligible Visa card linked to your Trim Savings account to earn a statement credit of $1. Offer expires Sep 1, 2017”
Unlike many of the other apps, you don’t need to scan receipts with Trim. They provide statement credit automatically, as long as you’re enrolled with a Visa card.
Trim Quick Summary
- A free service that saves you money by cutting unused subscriptions, negotiating bills & earning cash back
- Has saved users over $1,000,000 in the last month
- New York Times called Trim, "a good warning for consumers who hate not getting what they are paying for or paying for things that they are not getting."
# 2 – Ibotta
iBotta is the cashback app I use to save money on groceries.
Available for both Android and iOS, iBotta gives you cashback on your purchases from eligible stores.
You start by signing up for the app. There’s a limited time $10 bonus with that link.
Then, you scan the app for rebates at particular stores.
One thing I enjoy about iBotta is that they have “Any Brand” coupons.
The way I typically use the app is to give it a quick scan before I walk into the store. Then, when I get home scan the items and receipt.
It takes about 60 seconds and allows me to earn a few dollars, a few times a week.
Once my balance gets to $20, I then transfer the money into my Venmo account.
# 3 – Shopkick
ShopKick is one of the highest rated apps in the money category, with a 4.7 rating and over 5,000 reviews.
Available for both Android and iOS, Shopkick rewards you for visiting stores. You don’t even have to buy anything, you get rewarded for walking into the store.
You can also earn points by scanning specific items within the store. You then exchange your points then for free gift cards to stores such as WalMart and Target.Learn More About Shopkick
# 4 – InboxDollars
The InboxDollars app pays you to use coupons.
Here’s how it works:
- Sign up for an account
- Clip your favorite grocery coupons
- Then get paid 10 cents for each coupon you redeem
There’s a number of other ways to earn money like surveys, games, and watching TV on the app.
If you sign up through this link, you’ll then get a $5 bonus
# 5 – BerryCart
BerryCart is an app that caters towards organic and gluten free shoppers.
It’s similar to iBotta, where you’re scanning items you buy, then a receipt to get cash back (not points).
For those who buy a lot of organic food, it’s great as they have many “Any Brand” staple items as iBotta. So, it’s a great app to double up your rewards.
# 6 – National Consumer Panel
You may recognize the name Nielsen as they’re the company the produces TV Ratings. Nielsen is one of the largest market research firms in existence.
Nielsen not only wants to know what you watch but what you buy as well. In an attempt to find out, Nielsen runs the National Consumer Panel in partnership with iRi.
This is an app that lets you earn money by scanning your receipts and purchases. By doing so, you earn points which can be redeemed for gifts.
Interested? Complete the National Consumer Panel application to see if you qualify.