By Courtney Frazer, Bankrate.comHigh food prices have American families feeling the pinch — grocery trips cost around 20% more than they did four years ago. Not only are outright costs higher, but shoppers are also dealing with “shrinkflation,” where products shrink in size while maintaining their price point.
There are ways to save other than opting for generic brands or skipping meat. Smartphone apps can help you save on your monthly grocery bill with loyalty programs, cash-back rewards, digital coupons and app-only savings.Top food savings apps1.
IbottaIbotta is one of the most popular cash-back apps available. It’s known for offering cash-back rewards on everyday purchases at major retailers like Walmart, Costco, Trader Joe’s and Whole Foods. The app is simple to use, but you have to plan ahead: Users select offers before shopping and earn rewards by scanning receipts afterward.
Its browser extension enables cash back on online grocery purchases, and partnerships with retailers provide exclusive deals on essential household items.Pros•User-friendly interface•Multiple redemption options, including PayPal and gift cards•Wide acceptance at major retailers•Bonus rewards for reaching specific goals, such as trying new products or completing a certain number of offers in a monthCons•Requires pre-selecting offers•The cash-out minimum takes time to reach•The interface can be overwhelming with numerous offers2. Fetch RewardsFetch allows users to earn points o.