When users make purchases on these apps' platforms, they can receive rewards or cashback. A portion of the purchases made by users can be redeemed for cash or rewarsata bossds points, which can be exchanged for merchandise, gift cards, or even cash deposits. Rakuten, Ibotta, and Honey are a few of the well-known cashback & reward apps. Certain applications provide cashback for regular expenses like eating out, making travel arrangements, and even paying bills, in addition to rewards for shopping.