Nowadays, everyone is looking for ways to earn extra money or buy anything at a discount. If there’s a way to pay less, our pockets will certainly thank us for it. So, we couldn’t miss the opportunity to share about the Drop app. You may love this app if you like earning rewards for discounts or free stuff.
What is the Drop App?
Drop is a free rewards platform that was founded in 2015 to help people earn points when they shop. The brand has a loyal base of over three million members and has already paid over $16 million in rewards!
“I’m a fan of Drop, and have been a member since 2018. Through shopping and weekly spins, I’ve cashed out $110 in Amazon credit so far.” – Alice Ly, Sr. Content Manager of The Smart Wallet
How Does Drop Work?
Once you sign up for Drop for free and link your card, Drop automatically tracks your purchases from some of your favorite brands. Shopping from the Drop app allows you to earn points that add up to rewards for you. Since Drop tracks your purchases, there’s no need to upload receipts to show proof of purchase.
Here are the main ways to earn points on Drop:
Shop: With over 500 brands to shop, you earn points when you purchase from one through the app. As a new member, you’ll get a $10 credit that’s automatically applied toward your first purchase of $50 or more.
Play games: Play from a selection of games on your phone and possibly earn up to $30 worth of points. There is also a weekly Tuesday spin to get free bonus points.
Complete surveys: Answer survey questions on Drop and earn points. They typically have bonus points for surveys.
Take advantage of deals: Deals are always featured on the Drop app. Those special offers earn you extra points when you shop through the app.
Refer others: When you refer others to Drop, you get bonus points, and your friends start with bonus points when they sign up.
How to Redeem Points
Unlike other rewards programs, Drop keeps it simple. Every 1,000 points you earn is worth $1. So, earn 25,000 points, and redeem them for $25. You have to have at least $25 to redeem, and points can only be redeemed for gift cards, not cash. Gift cards to redeem include:
- Best Buy
- Whole Foods
- Dunkin’ Donuts
- And more
Is Drop Safe and Legit?
Drop uses bank-level encryption to keep your data safe. Your personal data remains secure using the technologies many financial institutions use, like Robinhood and Mint. Drop never sees your account balances and only tracks your purchases through the app. Your data is transmitted securely and is not susceptible to interception.
Drop is also legit, with reviews ranking as high as 9 out of 10 in transparency, customer support, ease of use, and reward rate. That means consumers can redeem the rewards they earn, and members of The Smart Wallet team have had no issues cashing out.
How to Join Drop
It’s easy to sign up Drop, and it’s also free:
- Download the free app (You’ll get a $10 credit that’s automatically applied toward your first purchase of $50 or more)
- Link your credit card or debit card information (Get 1,000 free points every month just by having a card linked)
- Start shopping through the app to earn points
- Take advantage of other opportunities to earn points by playing games, completing surveys, taking advantage of deals, and referring others.
The Bottom Line
Drop is a good way to earn points to redeem gift cards, but when compared to similar rewards programs, like Rakuten, which has over 4,400 online retailers to shop, Drop only has about 500. That means there are fewer brands to choose from. However, members of The Smart Wallet team have discovered brands on Drop that other rewards programs didn’t have, so it’s a good option to check!
That said, with having to redeem at least $25, the question is how long it will take to rack up 25,000 points with such limited choices. For instance, it took Alice from The Smart Wallet team about four years to earn over $100. Thankfully, there are other ways to earn rewards on Drop besides shopping. If you love games too and have the time, this may be a great rewards app for you since you’ll earn points from the shopping you were already going to do. Start earning rewards today.
- Money Tips Everyone Needs to Know But Weren’t Taught
- How To Win Money with the Solitaire Smash iOS App