couple three of my readers let me know that they tried cash out of their Ibotta account only find out that their accounts have been locked. This is a terrible way to do business. It appears that it is only when the person has met the requirement of accumulating $20 or more in their Ibotta account, it’s when one finds out that there is a problem.
Why is Ibotta waiting until the person hits the $20 threshold or more and tries to withdraw the money is when the accountholder is informed that there is a problem with their account? They can make up any story and state that the person violated some fine print rule and keep the monies.
I don’t have enough money in my Ibotta account to request a PayPal payout but I highly suggest that you stop redeeming the rebates until Ibotta stops locking our accounts. Ibotta cannot continue to be successful without us redeeming rebates.
Rumor is that supposedly, Ibotta is going through some kind of audit and they are randomly locking accounts. Can you imagine a bank going through an audit and them locking your account so you couldn’t access your money? It would not go over well especially here in California.