6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

CNET News Video: Don't clip coupons, download apps instead

About Video Transcript

CNET News Video: Don't clip coupons, download apps instead

1:50 /

The days of cutting coupons from the weekly mailer are over. New smartphone apps are making it easy to shop for deals, find local offers, and get refunds directly deposited into online accounts. Some of these apps are even adding a gaming quality to deal hunting, making the whole process less of a chore and more of a competitive sport. CNET's Kara Tsuboi reports.

-This binder was once stuffed full of grocery coupons that Elvira Gomez painstakingly clipped on a weekly basis. -I was spending way too much time organizing my coupons and purging expired coupons, and then I just kinda gave up. -Because her busy family of five could use the savings, Gomez put down her scissors and picked up her Smartphone to try Ibotta, a new app that earns users cash for buying everyday products. -If it's something that's fun, interactive, and easy, I can-- and it's valuable to my shopping experience, then I will try it. -You can add credit to your account by watching videos, taking polls, and so forth. And then, you go purchase the products in the store, you take a picture of your receipt, actually using your phone. And based on the information on the receipt, we immediately send you cash to your account. -There are several dozen coupon apps already on the market: SnipSnap, RetailMeNot, and CouponCabin to name a few. But unlike the others, Ibotta rewards users with real money, and not points or credit. And is adding a game application feature in the coming weeks. -Based on exactly which products you buy, and where you shop, you unlock certain games or bonuses. And these are like challenges. Once you complete them, you earn more cash. -In three months, Gomez has earned 53 bucks, and says Ibotta is here to stay for its convenience. -'Cause I can forget my coupons, but I'll never forget my cellphone. -Since Ibotta's launch six months ago, they've credited users with more than $1 million in earnings. That money can go into a PayPal account or directly donated to one of 130,000 schools, or to the United Way. In San Francisco, I'm Kara Tsuboi, CNET.com for CBS News.

New releases

XCAR Awards 2014: Best-Looking
1:31 24 December 2014
The XCAR team has played with some amazing cars in 2014, but which will be crowned the best-looking?
Play video
LG's bare bones oven needs a little more meat
2:02 24 December 2014
The LG LRE3021 gives reliable mid-range performance, but lacks the features you can find from other brands for the same price.
Play video
Tomorrow Daily 106: Our 'Best of 2014' Extravaganza
27:44 24 December 2014
On today's show, we celebrate another year gone by naming our (and your) favorite tech stories, pop culture news and video games of...
Play video
The big trends to watch at CES 2015
2:55 24 December 2014
With CES around the corner, Bridget Carey tells you what to look out for at this year's tech expo. Expect buzz around the smart home,...
Play video
Google Lunar Xprize: Astrobotic completes rover tests for $750,000 prize
3:56 24 December 2014
Team Astrobotic takes to an active quarry just outside of Pittsburgh to put its lunar rover through its paces. Tests complete, the...
Play video
Send digital holiday greetings
1:01 24 December 2014
No time to send a traditional holiday greeting card? Don't let that stop you from expressing your cheer this season. In this Tech Minute,...
Play video
Tomorrow Daily 105: Scary snake-bots, 'The Interview' release, animated ancient art and more
25:24 24 December 2014
On today's show, we take a look at a terrifying new robot with snake-bots for legs, cheer Sony's plans to actually release "The Interview,"...
Play video
Function over finesse with this bland GE range
1:35 24 December 2014
This stainless steel non-convection electric range from GE is perfectly ordinary.
Play video