Are cash-back apps like Ibotta and Rakuten worth it?

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Easy way to earn cash, but some catches

With the cost of almost everything more expensive than ever, wouldn't it be nice to get some money back when you shop? You can, if you download some cash-back apps on your phone.Gary Bookbinder recently signed up with Rakuten, one of the most popular cash-back apps, and says he started getting 1 to 10 percent cash back with many of his purchases.

Cash back sites allow you to earn a percentage of cash back on your purchases, and some even run price comparisons for you.Smart shopping expert Trae Bodge has several on her phone.But Bodge says you have to get in the habit of checking the apps, especially if you're in-store. The savings are not necessarily automatic.Some cash-back sites are better in certain categories than others.Interested? You'll find these in the app store.

 

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