Technology makes it easier than ever to earn a little extra money, whether it's by doing side gigs or getting rewarded for certain purchases. With a money making app, you can search for gigs, deals and other ways to make money just by browsing on your mobile phone.
There are a large number of money making apps available on the market that are tailored to a variety of skills and needs. These apps are some of the best apps that help you earn a little extra money.
Main Takeaways
- There are a variety of apps available for individuals to earn money through
- Many of these apps are free to use, but some may charge a subscription fee or take a percentage of the revenue.
- By using money making apps, individuals can earn extra money in their spare time, and perhaps even turn it into a full-time income.
Best apps to make money
1. Rakuten: Get the best bang for your buck online again
Rakuten is an app that earns you money to shop at over 3,500 online stores. It works by partnering with different stores and earning a commission for sales, which is then shared with the customer in the form of cashback.
Some of the popular brands that Rakuten partners with include Etsy, Macy's, StubHub, and Best Buy. A few stores have the opportunity to earn more than 10 percent cash back on purchases.
You can also collect earnings from in-store purchases by linking your card to Rakuten in the app and then using the linked card to pay in-store. Earnings are paid out four times a year and can be distributed via check or PayPal.
- Free
- How to earn money : Cash back on purchases
Positives
- free
- $30 Bonus for Referring Friends
cons
- Payment is made quarterly only
- Most stores have exceptions for items that do not earn cash back.
2. Ibotta: Get the best bang for your buck in-store
Ibotta offers cash back rewards on purchases made online and in stores, just like Rakuten. However, what’s unique about Ibotta is the abundance of earning opportunities for in-store purchases.
If you have loyalty cards at specific retailers, you can link them to the Ibotta app to get cash back rewards whenever you shop at the retailer. Another way to earn cashback is to present a receipt from Ibotta partner stores; When you purchase certain products listed in the app, you can get cashback on your purchase. You can also sign up for Nearby Deal Alerts, which send notifications to your mobile phone when you're near an Ibotta retailer.
You can also get cash back for grocery shopping at a number of popular grocery stores, including Foodtown, Kroger, and Trader Joe's.
Instead of earning points and then redeeming your accumulated points, you get straight cash back for every qualifying purchase within 24 hours. You can withdraw earnings when they reach $20, which can then be converted into a gift card or transferred to a bank account via PayPal.
- Free
- How to Make Money : Cash Back on In-Store and Online Purchases
Positives
- Earning cash from personal shopping is easy and widely available
- Unlimited cash back for in-store and online purchases
cons
- You need to earn at least $20 and redeem at least one bid before you can withdraw profits
- For online shopping, transactions are only eligible if you shop through the Ibotta app.
3. Side note: Good value for money returned on gas.
With Upside , you can earn cashback on an inevitable purchase if you drive: gasoline. The app makes it easy to find eligible gas stations with its interactive map, and you can simply claim your cashback offer in the app before you pay.
According to the app's website, if you spend $200 on gas in a month, you'll earn about $4 in cash back. Additionally, you can earn cash back at select restaurants and grocery stores through the app.
To withdraw funds, you can link a bank or PayPal account, or use earnings to purchase a gift card. However, there is a $1 fee if you cash out less than $15 via Paypal or less than $10 to a bank account. Payment is processed within a day or two.
- Free
- How you earn: Cash back on gas purchases, some restaurants and grocery stores.
Positives
- You can earn cash on your daily gas purchases.
- Some restaurants and grocery stores are also eligible for cash back.
- The app provides a useful map to find eligible nearby gas stations.
cons
- You need at least $10 for bank transfers and $15 for PayPal transfers to avoid the $1 cash withdrawal fee.
- Cheaper gas stations may not be eligible for cash back – it's important to compare options to make sure you're getting a good deal.
4. Depop: The best way to sell clothes
Depop allows users to sell their old clothes and other accessories. Depop started as a social network for young creatives to connect with new designers. Today, the app has become a widespread online marketplace with around 30 million registered users.
Once an item is listed, potential buyers can like or bookmark the item, and there is a messaging service built into the app so buyers and sellers can communicate.
- Cost : 10% of each sale
- How to Make Money : Selling Clothes and Accessories
Positives
- Buyers and sellers can communicate through in-app chat.
cons
- Depop takes a 10 percent fee on sales.
5. Swagbucks: Best for Affiliate Programs
Swagbucks is a one-stop-shop for earning cash rewards on different tasks. Tasks you can earn money through the Swagbucks app include watching promotional videos, completing surveys, and shopping online. You can also get rewards for purchasing certain groceries – simply take a photo of your receipt after shopping and upload it to the app.
For each task you complete, you’ll earn a certain number of points. The points can then be redeemed for gift cards to popular retailers, a check, or cash via PayPal. Every 100 points equals $1, and Swagbucks says users typically earn between $1 and $5 per day.
- Free
- How to earn money : Complete various app-based tasks
Positives
- Points can be redeemed for cash or converted into gift cards.
cons
- The rewards are usually very low.
- It may take up to 10 business days to receive your rewards.
6. Rabbit Designation: Best for local activities
TaskRabbit can be a good option for someone looking to take on the odd job here and there to earn extra money at their own rate. The app connects service providers – called Taskers – with customers who need a helping hand in their local area. Some of the services you can offer on TaskRabbit include furniture assembly, yard work, grocery shopping, and transportation assistance.
Signing up to become a Tasker is relatively simple – you download the app, select the services you want to offer, and complete the verification process. You set your availability and pricing. However, there is a one-time $25 sign-up fee for Taskers to use the app.
- Cost : $25
- How to make money : Complete tasks for local clients
Positives
- Users can take on tasks according to their schedule for a number of different categories.
- You set your rate.
cons
- There is a $25 registration fee, although it is a one-time fee.
- There may be fewer assignments available in less urban areas.
7. Fiverr: BeFiverr: Best for freelancers and sponsors
Fiverr is an app designed to connect a diverse range of entrepreneurs and businesses with freelancers. Freelancers, called sellers on the app, can offer services in hundreds of categories, such as web design, copywriting, and data engineering.
To become a seller with Fiverr, you must first create an account and go through the onboarding process, which includes watching some tutorial videos. You will then provide information regarding your skill set, work history, and identity verification. Fiverr will review the information to determine whether you have been approved to become a seller.
Once approved, sellers can create gig packages, which are three levels of service offered. The seller sets the price for each level and can provide services on their own schedule. Payment is distributed electronically to the seller once the order is completed, although it takes up to two weeks to clear, unless you are a highly rated seller.
- Cost : 20% of the payment for each party
- How to make money : freelancing
Positives
- Fiverr holds the money from buyers before providing the service, so you don't have to worry about buyers owing money.
cons
- Fiverr takes a huge cut of the payments – 20 percent.
- It usually takes two weeks for the profits to clear.
8. Research junkie: the best of research
Research Addict rewards you for sharing your ideas and digital experiences After you sign up for the app, it will match you with surveys that you can complete on your own time and earn points for.
Points can then be redeemed for cash via PayPal or gift cards at popular retailers, as long as you have at least 500 points ($5) to redeem.
Survey Junkie states that all data collected from survey responses and digital activity is encrypted and collected directly by researchers.
- Free
- How to make money : Taking surveys and sharing digital activity
Positives
- You only need $5 in points to redeem – some apps have much higher minimums to redeem.
cons
- Returns can be low for surveys.
- For Survey Junkie Pulse, some users may not feel comfortable sharing their digital data.
9. UrbanSitter: Best for nannies
UrbanSitter To become a babysitter on the app, you can sign up with your availability, set your price, and complete a background check. Parents must verify their identities as well, so both parties are safe.
The national average price that babysitters charge on UrbanSitter for one child is $22.68, UrbanSitter charges an annual membership fee, although it does not specify the fee amount on its site.
- Cost : Annual fees
- How to make money : Babysitting
Positives
- Local babysitting gigs are easy to find.
- Nannies set their own rates and hours.
- Babysitters keep 100% of their income.
cons
- There is an annual fee that is not specified by the site.
- Babysitting services may not be available at all locations.
10. Rocket Money: Big savings on bills and subscriptions
Rocket Money offers a unique way to make money: reducing recurring payments. It does this by analyzing your bills and subscriptions, canceling unwanted subscriptions, and negotiating lower bills for you.
In addition, Rocket Money comes with many other features to help users manage their personal finances . Some include a spending tracker, automated savings, and credit score alerts.
Users can choose the service to collect between 30 and 60 percent of profits from negotiated invoices.
- Cost : 30 to 60 percent savings on negotiated bill for first year
- How to Make Money : Cancel Unwanted Subscriptions and Negotiate Bills
Positives
- Rocket Money can cancel subscriptions and negotiate bills on your behalf, cutting costs in the long run and boosting savings.
cons
- The service takes a 30 to 60 percent cut of the savings from invoice negotiations.
- There is no guarantee that any bills will be reduced.
minimum
These money-making apps may be great for some, but they’re not for everyone. Find an app that fits your skills and lifestyle before you get started.
Whether you're a frequent online shopper or someone who has a lot of old clothes to sell, these apps can simplify the process of finding deals and gigs, and can open the door to new money-making opportunities. It is important to look at the fees to determine whether the application is worth it or not. And make sure that it is a reliable platform so that you do not end up falling prey to any scams.
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