You don’t have the chance to earn free money every day, but using applications that pay you is one of those occasions. And let’s be clear: many “free money” offers are frauds. The majority of worthwhile possibilities do need time and effort. However, there are a few low-effort ways to earn additional money each month, believe it or not. Additionally, just a phone will do.
A cash-back app: what is it?
A cash-back app will give you a discount on your purchase or a voucher for an extra reduction. Some applications provide points that may be exchanged for discounts on subsequent purchases. Following are some of the best cash back sites you can earn money from:
1. Rakuten
Pros
There are no costs
available over 3,500 retailers
In-store purchases are eligible for cash back
Cons
To receive payment electronically, you must have a PayPal account.
Check payments made for non-electronic transactions
 quarterly payments
Why We Selected It
Users may browse and shop using exclusive in-store and online coupons with Rakuten, formerly known as Ebates, scan things to compare prices and earn cash back on particular purchases from some shops, such as Macy’s, Marriott, and Sephora. Customers have the option of shopping through a browser extension or a mobile app.
This is how it goes: You’ll need to download the app or extension after creating a free account in order to begin shopping. When you shop from Rakuten’s list of more than 3,500 qualified shops, you’ll receive a portion of your cash back (i.e., a rebate) after you make a purchase. While the cash back on a transaction is typically between 1 and 2 percent, depending on what you buy, you may earn as much as 10 percent. By applying for the Rakuten credit card, you may potentially get more cash back. If you spend at least $25 on qualifying purchases within the first 90 days after signing up, new members can also get a $10 welcome bonus. If you get at least $5.01 in cash back, payouts are made every three months. With PayPal or a paper check mailed to you, you may get your money electronically.
2. Shopkick
Pros
Gain points by entering partner stores on foot.
Alternative methods of collecting points
More than 250,000 stores give incentives
Cons
Rewards may only be redeemed with gift cards
No browser functionality; only supported by mobile apps
Why We Selected It
Shopkick can be an excellent choice for people who enjoy shopping both offline and online to earn some additional money. It’s a rebate-based program like Rakuten, except rather than receiving cash back, you receive points (referred to as “kicks”) that you can accrue and exchange for gift cards. All you have to do to utilize Shopkick is create an account, download the app, and take one or more necessary activities. You may earn rewards by doing things like entering a store, scanning the barcode of a few goods (no purchase is required), using your Shopkick-linked card to buy an eligible item, or viewing an in-app movie.
Finding one close to you should be simple because Shopkick collaborates with more than 250,000 physical retail locations (and 80+ online shops). Major businesses like Starbucks, Amazon, and Target allow you to earn gift cards.
3. Ibotta
ProsÂ
Receive real money back
Utilizes a browser extension and a mobile app.
Low threshold for cashouts
Cons
less cashback than competing applications
Regional and local retailers are not permitted to be eligible retail locations.
Why We Selected It
Another app that lets you collect cash back on both in-store and online purchases is Ibotta. Similar to the others, in order to make money, you must download the app or browser extension and create a free account.
You can get cash back in three different ways when that is finished: When you buy qualifying products, upload your receipt to the app, link your store loyalty card to the app beforehand to obtain discounts, or make purchases at qualifying retailers using the ibotta app. By buying gift cards or introducing friends to the app, users may also receive additional cash back.
Ibotta has the problem of requiring completion of in-app activities in order to access its money-saving features. It doesn’t take a lot of time, but depending on how much free time you have, it can be a problem. There are only approximately 300 qualified merchants, and you’ll also need to manually input receipts. Instead of waiting for checks to clear, you may have money transferred straight into your Ibotta account.
4. Foap
Pros
without requiring a DSLR camera
There is no minimum withdrawal amount.
Cons
Only PayPal is used for payouts.
After withdrawal, payments are issued at least one full month later.
Why We Selected It
Foap is a profitable software for Apple and Android smartphones that makes it easy to sell your photographs and films, making it great for budding photographers and videographers. You must first download the app, register for an account, and then submit your images and videos to your online portfolio to utilize it.
You will be compensated if an agency, brand, or another user of Foap purchases your work. However, you should be aware that you will split any revenues with the app 50/50. Therefore, you will profit $5 if Foap sells a photo for $10. However, one image can sell many more than once, which might result in a big profit. For the potential to receive even more compensation for your labor, you may also contribute images or films to a particular project (referred to by Foap as “Missions”).
5. Acorns
Pros
No minimum deposit is needed
Money is simple to invest
Options for checking accounts, IRAs, and Bitcoin
Cons
hefty charges for smaller accounts
Account balance varies with market conditions
Why We Selected It
Acorns is a micro-investing programme that enables you to buy exchange-traded funds (ETFs) to build your retirement fund, diversify your holdings, and even buy cryptocurrencies. Allowing Acorns to round up purchases made with a connected account to the nearest dollar and automatically invest your spare change into a portfolio of ETFs that is spread over more than 7,000 equities and bonds will help you fill your account. With Acorns, you can also set up regular investments so that you may increase the value of your portfolio by investing just a few dollars every day.
Even more, Acorns has a list of Found Money partners that let customers invest a portion of their purchases when they spend at well-known retailers. ESG (environmental, sustainability, and governance) funds are available for investors who are more concerned about the environment.
If you wish to invest for your children, Acorns costs $5 per month for a family account or $3 per month for an all-in-one personal account. A diversified portfolio, automatic rebalancing, investment help from the Acorns support staff, and mobile access to all of your accounts are included with that, though. You may also check out the company’s other products, such as Acorns Spend, which includes a bank account and a debit card, and Acorns Later, an IRA.
6. Google Opinion Rewards
Pros
$10 withdrawal threshold
When a survey is available, users will be informed immediately.
To make money, no purchases are necessary.
Cons
Only PayPal payments are made.
Availability of surveys varies.Â
Why We Selected It
This app can be a suitable choice for you if you enjoy sharing your thoughts and want to be compensated for them.
To utilize it, you must download the survey app and fill out quick surveys anytime you have some free time on topics ranging from hotels to TV shows to retailers. It’s a terrific way to earn some additional money whether you’re sitting around waiting in line at the bank, riding the train to work, or taking a break for lunch.
For each survey you complete, you’ll receive payment via PayPal or Google Play credits. Users of Apple and Android devices can participate in the surveys, which pay between $0.10 and $1 each. Your credits could, however, run out after a year and the app might start collecting personal information.
7. Sweatcoin
Pros
Use is free
More than 600 partners will accept your awards.
Cons
Rewards cannot be redeemed for cash.
Generally low profits for users
Why We Selected It
A software called Sweatcoin encourages individuals to move more and exercise by offering rewards. You must register, download the Sweatcoin app, and have it open in the background of your phone at all times to utilize it. then begin to move.
For every 1,000 steps you take, you’ll receive 0.95 Sweatcoins. Sweatcoins may be redeemed for items like anti-gravity yoga lessons, an Audible membership, or even trips if you’ve earned a certain number of them. Additionally, you may contribute Sweatcoins through weekly philanthropic campaigns to one of the app’s affiliated organizations, or if you’d prefer, you can exchange your profits for cryptocurrency rather than spending them on things.
The majority of products cost roughly 20,000 Sweatcoins, so it can take you some time to get that amount if you just walk 10,000 steps each day.
What Is the Price of a Money-Making App?
Although some may charge a one-time download price, a monthly membership fee, or a use fee, the majority of money-making applications are free. Additionally, in order to receive money back via rebate applications like Rakuten, you must complete a purchase.
A money-making app won’t replace your salary, so be careful to read the tiny print before joining up so you know what to anticipate. It could, however, provide you with some additional money or gift cards that you can preserve.
How We Selected the Best Cash-Generating Apps
The features and resources they provide, how they help you earn money, the company’s history, and reputation, and when and how you get paid—whether it’s in cash, gift cards, or another form—were all factors we considered when choosing our best money-making apps. We also felt the number of merchant partners, ease of usage, and frequency of payment transmission.
