App Name: Drop Rewards
Type Of App: Shopping/ Cashback
Availability: Android Or IOS
Overall Rank: 4.2/ 5 Stars
Drop rewards makes its official launch here in the United States on this coming Tuesday (Oct 10th).
The company that handles the marketing for this particular app reached out to me about a week ago and asked me if I would be interested in doing a review of this app for my readers.
Naturally, I said yes and I’m quite excited about what I’m about to share with you guys today.
Are you the type of person who clips coupons and has multiple cashback and coupons apps installed on your phone right now?
If you answered yes, then I think you owe it to yourself to stick around and continue reading.
In the following review, I’ll be breaking all of this down for you and showing you how much money you could potentially earn from using this app on a daily basis.
Are you guys ready?
Let’s get started!!
What Is Drop Rewards
Founded in 2015 by Derrick Fung, Drop promises users a seamless cross merchant rewards program that will change the way you think about cashback/ reward apps forever.
They have created a revolutionary way for you to earn cash rewards, unlock bonuses, and earn points for simply shopping at your favorite stores and remaining loyal to your favorite brand names.
Sounds pretty sweet so far, doesn’t it?
Let’s keep going!!
Originally launched in Canada and a few other select locations back in June, this app has remained invite only for the United States until this coming Tues, Oct 10th, 2017.
Within only a few short months, there have been over 70,000 active installs in Canada alone.
That’s pretty impressive if you ask me, wouldn’t you guys agree?
Unlike similar apps of this nature that spit out random standardized offers, Drop has developed an algorithm that generates offers based on your spending habits and the kind of products you purchase over a 30 day period.
Similar to Ibotta, but without the receipt scanning or picture uploading requirement.
Drop rewards are simple, easy, and a fun way to rack up points for shopping at some of your favorite stores and buying certain brands.
They have offices located in both Toronto and New York with plans to open additional offices in the near future.
How It Works
You’ll need to securely link a credit/ debit card to the app once you install this onto your device.
They have a 256 bit SSL security layer so rest assured that your information is safe with them.
Once you’ve successfully made the connection you’ll receive a $5 bonus which will be added to your account shortly afterward.
Depending on your bank/ credit card company, it can take up to 5 days for this to show up in your account so don’t freak out if you don’t see this right away.
The next thing you’ll be presented with is a list of stores where you’ll need to pick 5 stores that you shop at before progressing to the next step.
Check out the screenshot that I’ve captured for you guys directly from their app below:
Once you’ve picked your 5 stores, Drop will start generating offers from those stores as well as showing you offers from some of your favorite brands.
How Do You Earn Money With Drop?
Their currency comes in the form of points which you’ll be able to redeem for gift cards and other awesome merchandise.
1,000 points= $1
There are a few ways for you to earn with this app and I’ll be covering each one of them for you guys in detail below!!
Like I said earlier, you can earn $5 for securely linking your credit/debit card to their app.
Also, there are active and ongoing offers as well as bonuses for completing certain offers.
You can also earn a predetermined amount of points for each $1 spent at any of the 5 stores you selected when you first joined.
As you can see from the screenshots that I’ve shared with you guys above, there are a variety of ways for you to earn money with this app.
You can also earn 5,000 points ($5) for sharing your referral code and referring other people to this app.
How Do You Get Paid?
Once you have earned enough points to cash out, the process is pretty straightforward.
Simply browse the wide selection of gift cards and other digital merchandise, make your selection, and follow the directions for cashing out.
Rewards are delivered to the email address on file within 72 hours or less.
Here are just a few of the many gift cards you’ll have to choose from below!!
This is only a few of the many rewards that are available to you in the rewards section and as time goes on I’m sure they will be expanding this to include other digital rewards.
My Final Thoughts
If you’re the type of person who does a fair amount of shopping in your household and you’re addicted to coupon and cashback apps like Ibotta, and Shopkick, then you’ll definitely want to install this app and add it to your collection.
In the few short days that I’ve had this app installed on my phone, I’ve already saved $5-$10 on some of the things that I buy on a day to day basis.
Another thing that’s worth mentioning is credit card purchases earn you double points and you can store multiple loyalty programs from your favorite retailer on this app as well.
This eliminates the need for you to carry around the physical cards in your wallet or purse.
It’s a win-win no matter how you look at it!!
I really hope this review has helped you guys out today and answered any questions that you may have had about this app.
Are you currently a Drop user with a story to tell?
I’d love to hear all about it in the comments below!!
PS: Want to earn 1,000 free drop points on me to get you started? Simply enter referrer code ws0uj to start earning rewards.