Can apps make you money? Well, there’s an app for that! Or rather… a few. There are thousands of apps that serve this unique purpose, but only a small number can provide lucrative opportunities to add to your income.
The following apps are commonly used for money-making opportunities:
Alone, most of these apps won’t replace your income. However, by incorporating a few of them into your lifestyle, you could see a noticeable difference in your savings or income. Read on to learn about these popular apps!
Acorns is a passive investment app. It automatically rounds up each of your transactions to the next dollar and saves the change in an account for investing or a retirement fund. It also offers a free $10 sign up bonus.
AppTrailers will pay you in points to watch trailers for movies, games, and apps. You can redeem the points for gift cards or sweepstake entries.
This app requires a little bit of legwork. You will earn real cash paid to you via direct deposit or through Dwolla, by helping companies better serve their customers. This can be done in various ways, including taking surveys, taking some photos, or going to a physical store to shop.
Speaking of photos, if you enjoy taking pictures or have a portfolio of images, you can sell them using Foap to popular brands. Foap also offers what they call “missions,” which entail taking specific photos for a particular client. Missions can pay more than general sales, but Foap does take a hefty 50% cut of any sale you make.
This app tracks your steps and rewards your activity with sweatcoins. These coins can’t be redeemed as cash, but they can be used to buy real-life goods and services. You will earn a coin for every 1000 steps you take. Twenty coins are approximately equal to $1 in value.
Sweatcoin is not an app designed to replace or enhance an income, but it does incentivize and optimize your overall physical health.
While you can’t redeem your coins for money, you can donate them to charity, at which point they will be paid out to the charity in the form of cash.
Rakuten is a cashback app that adds additional percentages of cashback offers to your online shopping. They partner with thousands of brands, so if you’re planning on doing any online shopping, try checking Rakuten first.
Chances are you can save a bit of money through their cashback deals, which they will mail you as a check once you’ve reached the minimum payout amount.
In addition to using the app, you can earn money by referring others to use the app as well.
Webull is another investing app. However, of the investing apps out there, Webull offers the highest signup and referral bonuses. Just for signing up, you will be given a free share of stock valued up to $250. Then, upon funding your account with $100, you will be awarded a second stock valued up to $1650.
In addition to this, you could earn more free stocks by referring other people to the platform. A general referral will grant you two more stocks. However, they are constantly trying to grow their platform through referral promotions, at which point you can earn even more free stocks than the usual two.
Robinhood is Webull’s predecessor. It also offers a free stock upon sign up (valued up to $200) and provides a simple, user-friendly interface to begin investing.
While the free stock doesn’t have the ceiling of Webull’s free stocks, it is free money nonetheless, and many users prefer Robinhood’s UI over Webull’s more complicated one. Even if you never invest yourself, you can still sell your free stocks from signing up and referring users to earn extra money.
Worthy Bonds is an app that allows users to invest in relatively high yield bonds. These bonds are used to provide small businesses with necessary loans to fulfill their companies’ day-to-day operations.
The loans are paid back to you with interest. The app advertises a 5% interest rate, which is relatively high and outpaces the rate of inflation by 2.5%.
Due to the bond’s high liquidity, these “investments” could be an alternative for the traditional checking and savings accounts, as the interest on savings accounts is far lower than the rate of inflation.
Worthy Bonds seems like an excellent option for someone trying to optimize their savings in a low-risk portfolio that won’t erode with inflation.
Cash Pirate will allow you to play games in your free time and earn coins. These coins can later be redeemed for cash that is sent to your PayPal account.
Every 1000 coins are equivalent to $1 with a minimum payout amount starting at 2500 coins. You will also get a free 50 coins just for signing up.
Ohmconnect is a software that allows you to sell your extra energy for cash. It’s for the eco-conscious consumer interested in reducing their carbon footprint but may not have the money to invest in things like solar panels, new energy-efficient technology, or smart appliances.
Ohmconnect will tell you when energy usage is spiking. If you can reduce your energy usage, you earn money by doing so.
Bookscouter is an app that allows you to scan a book’s ISBN and determine its value. It doesn’t directly make you money, but some books are obviously more valuable than others, especially in the hands of a collector.
If you’re someone who likes to scour discount bookstores or garage and estate sales, this app could be a good fit for you. While this app requires some legwork, it takes all the necessary required knowledge out of the search, making it much easier to assess potential bargains and set up profitable resales.
While most don’t consider Yelp to be anything but a review site, they do have a cashback feature for eating at select restaurants. After linking your account to a card, you could earn up to 10% cashback on those restaurants.
If you were planning on eating there anyway, or just wanted to try the place out, the cashback feature offers one of the highest percentages out there.
Swagbucks allows you to earn “Swagbucks” in a variety of ways. The most popular method is surveys, although their value will vary, as will their availability. Swagbucks allows you to redeem your rewards in the form of gift cards and through PayPal.
Every 100 Swagbucks are equal to $1. You can also use Swagbucks to find cashback deals like Rakuten.
You won’t be able to replace your income with Swagbucks, or really use it as a job at all. Still, if used in those moments in which you have a few free minutes for a survey, or if you’re already planning on doing some online shopping, then Swagbucks is a great way to optimize your time since the rewards will eventually rack up.
So, can apps make you money? – Final Thoughts
As we hinted earlier, most of these apps won’t replace your income, nor are they really designed to. However, by integrating them into your day to day life, you will likely find them to enhance certain aspects of your life either through savings, incentives, or just a rainy day fund that you wouldn’t have otherwise. Using all or some combination of these apps could have a compounding effect over time and could prove to be more rewarding than you’d expect!
Need more ideas to earn money without investment online? This article has another 20 ways you can use.