How do I withdraw money from iBotta?

Everyone wants to be able tom withdraw their money from their online accounts and apps. Here are the best ways to withdraw your money from iBotta.

Jul 16, 2019

When you shop with Ibotta, you earn kickbacks. This is real cash that you can withdraw- no coupons or points. This means that as soon as you hit the $20 mark, you can transfer your money from Ibotta account to your PayPal, Venmo, or bank account.

You can also use the money that you've earned to purchase gift cards from Amazon, Sephora, Starbucks, Target, or Walmart. So, the big question is; how can you withdraw your money from Ibotta?

Once you reach the required withdrawal threshold of $20, there are three different ways that you can use to withdraw your cash.

  1. You can withdraw your money by purchasing a gift card through the Ibotta app. However, you need to keep in mind that certain gift cards have a minimum purchase of $25.
  2. You can also withdraw your cash by sending it to your PayPal account
  3. You can withdraw your Ibotta earnings by sending the money to your Venmo account that is linked to the Ibotta app.

How to Cash Out Your Ibotta Earnings with Gift Cards

  1. Follow these simple steps to withdraw your earnings with a gift card:
    Open the Ibotta app and select the "Withdraw Cash" option from the account section of your app
  2. Once you are there, scroll down to "browse available gift cards" option. Here, you will find various options, such as Walmart, iTunes, Target, Amazon, Sephora, etc.
  3. From the list of gift cards available to you, select your preferred gift card, verify your identity, and then proceed to confirm payment. The moment you are through with these steps; you will receive an email with your digital gift card within 24 hours. It is that simple!

How to Transfer Money from Your Ibotta Account to Your Bank Account

Venmo and PayPal are both safe ways to send and receive money from friends and family or make payments to businesses. They are also an excellent way to withdraw cash from your Ibotta account and quickly get it to wherever you want.

To transfer your earnings from Ibotta to your bank account, you will need to link your Ibotta account to either PayPal or Venmo. Once you transfer your funds to any of these accounts, you can quickly transfer it to your bank account.

If you encounter any technical issues, be sure to contact Ibotta technical support team. Follow these simple steps to withdraw your money from Ibotta to your bank account:

  1. Log into your Ibotta account using the correct credentials
  2. Go to the account section of your app and choose the "Withdraw Cash" option then select your preferred withdrawal route – PayPal or Venmo
  3. The next thing you are supposed to do is link your Venmo or PayPal account with your Ibotta account before you proceed to withdraw your earnings.
  4. Once you have linked your Venmo or PayPal account to your Ibotta account, enter the exact dollar amount that you wish to transfer to your Venmo or PayPal account and select the "Transfer Cash" option to complete the process. You should receive your money in a few minutes.

PS: You need to keep in mind that to link a Venmo or PayPal account to your Ibotta account, you must be registered with these platforms as well. To withdraw your funds from your PayPal to your bank account, you must link your account with either a credit or debit card.

This is where you enter your bank details and link your papal account to a verified bank account to transfer your money directly from your PayPal account to your bank account.

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Adam has been tirelessly trying to help customers find the best tips and tricks to get through phone trees and writing many guides for prickly customer service problems. He's been featured in the Wall Street Journal, Inside Edition and Bloomberg.
How do I withdraw money from iBotta?

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