Ibotta's receipt scanning model creates comprehensive purchase histories from every shopping trip. Their terms grant broad rights to this data while imposing aggressive balance forfeiture policies for account inactivity. The exchange rate of data for rewards heavily favors Ibotta.
Every scanned receipt provides full purchase details—not just qualifying items. Ibotta captures everything you bought, prices, store locations, and shopping times to build comprehensive consumer profiles.
Account inactivity can result in balance forfeiture. Your earned cashback may be lost if you don't maintain regular activity on the platform, even for earned rewards.
Offers can be modified, limited, or removed at any time. Quantity limits, timing restrictions, and sudden offer removals can prevent earning expected rewards.
Ibotta receives perpetual, worldwide rights to use submitted content including receipt images and any feedback. Your purchase data becomes their asset indefinitely.
All disputes require binding arbitration with class action waivers. You cannot sue or join collective legal action against Ibotta.
Cash out via PayPal, Venmo, or gift cards with a relatively low $20 minimum threshold.
Direct retailer connections (like linking loyalty cards) can provide automatic cashback without manual receipt scanning.