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 Comments (0 ) 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

Easily run Windows and Mac OS...
2:49 August 27, 2014
Parallels Desktop 10 makes switching between operating systems a snap
Play video
Not quite high caliber blendin...
2:41 August 27, 2014
Beneath the overblown health hype, the NutriBullet works well enough, but doesn't stand out from less expensive...
Play video
Melitta's cheap drip makes bitter...
2:07 August 27, 2014
Think twice about choosing the Melitta 10-Cup Coffeemaker to save cash.
Play video
Too-hot tech: Overheating Surface...
2:55 August 27, 2014
Hewlett-Packard recalls more than 6 million defective power cords, Microsoft promises a fix for overheating...
Play video
The gigantic Lexus GX 460
5:59 August 27, 2014
Lexus' second largest SUV may be a better fit for big luxury drivers.
Play video
The Bowers and Wilkins CM1 speakers...
1:50 August 27, 2014
The Bowers and Wilkins CM1 S2 speakers look great and sound terrific but aren't the best choice for punk...
Play video
Plantronics BackBeat Pro: A full-size...
2:33 August 27, 2014
The $250/£250 BackBeat Pro is Plantronic's version of the Beats Studio Wireless, with noise canceling inc...
Play video
Apps to prep for college
0:59 August 27, 2014
Avoid the pitfalls of the first year of college with the help of apps. CNET's Kara Tsuboi reports on her recommendations...
Play video
 

Video discussion

Conversation powered by Livefyre