Introduction
The Drop app rewards you with gift cards when you make purchases for everyday purchases. It’s another app that requires you to link your credit or credit card. Since your card is linked, you don’t have to scan any receipts. Earn 1,000 points when you use promo code ivflr and link your credit or debit card.
What Is The Drop App?
The Drop app automatically applies points to your account when you make purchases at participating stores. The About page of drop describes the app as a “financial technology company focused on bringing value to millennials.” Their goal is to help customers each rewards at places they already shop.
The app has both ongoing offers and one-time offers. For example, for every $1 you spend at Walmart, you earn 2 points. Each time you shop at Walmart, you will earn 2 points for every $1 spent. However, if you were to shop at CVS, you would earn a one-time 200 points.
How Does It Work?
Link your credit or debit card within the app. When you download the app and use promo code ivflr, you will earn 1,000 points when you link your credit or debit card. Once you register, you’ll be able to select 5 ongoing offers to earn points for purchases. Every time you shop at those stores, you earn points.
When you have accumulated enough points, you can redeem them for gift cards.
Click here for detailed instructions on how to sign up for Drop
How Do I Earn?
Ongoing Offers
With ongoing offers, you earn points each time you shop at that particular store. For example, anytime I shop at Walmart and use the card linked to my Drop account, I earn 2 points. Currently, the app offers ongoing rewards for shopping at:
- McDonald’s
- Walgreens
- Uber
- Walmart
- Jet.com
One-Time Offers
You can earn points for one-time offers by making purchases. Currently, when you spend at least $50 on your first Boxed order, you will receive 20,000 points. Stores include:
- Priceline
- Zara
- Alamo Rent A Car
- Boxed
- CVS
- Amazon
Bonuses
An easy way to earn points is by completing bonuses. You can earn bonus points for:
- Liking their Facebook page
- Linking your credit or debit card
- Enabling email notifications
- Connecting your Facebook account
- Earning your first points
- Referring 5 friends
Referring Friends
Drop will reward you and your friend with 1,000 points when they register and link their credit or debit card. You can earn up to 100,000 points ($100 in rewards). The points are added to your account instantly.
How Does The Drop App Pay?
When you earn points with Drop, you can exchange them for gift cards. Earning 1,000 points is equivalent to $1. Each store has a different starting value. For example, you can redeem 5,000 for a $5 gift card to Starbucks. While you can redeem 10,000 points for a $10 Best Buy gift card and 25,000 points for a $25 Nike gift card.
Below is a list of some of the companies you can receive gift cards for.
- Starbucks
- AMC
- iTunes
- Best Buy
- Amazon
- Old Navy
- American Eagle Outfitters
- Gap
- Applebees
- …And Much More
How Does Drop Make Money?
Drop is paid a fee for brands to be listed in the app. The app allows companies to acquire and engage customers who may be unaware of their company or their products. Companies can also launch offers to customers based on the transaction and spend data from app users. It also gives insights to companies can develop strategies for future marketing campaigns.
Pros & Cons
Pros
- FREE to register
- No clipping coupons or scanning receipts
- Earn extra points for referring friends
- You can earn points by using a linked card
Cons
- Earn gift cards instead of cash
- You have to link a debit or credit card. If you’re not comfortable with connecting a card, skip it and use the other ways to earn cash back
How Can I Get Started With Drop?
Getting started with Drop is pretty easy. You can register for the Drop app for FREE by clicking this link here. Enter the promo code ivflr to receive 1,000 points when you link your credit or debit card.
Click here for detailed instructions on how to register with Drop
Final Thoughts…
The Drop app is an excellent app. I really like the automatic cash back and you don’t have to scan any receipts. You can earn cash back from stores you already go to. Yes, you do have link your credit or debit card. However, none of your credit or debit card information is held on the app or their servers.
Similar Apps
There are plenty of other apps that offer cash back. Below is a list of a few.
Dosh
- Registration Bonus: $5 bonus when you use this link and link your credit or debit card
- Join Dosh
Dosh is a cash back app that pays you cash back when you use a linked debit or credit card. There’s no scanning, no surveys, etc. Login to the app to see what stores or restaurants offer cash back. That’s it!
Ibotta
- Registration Bonus: $10 with promo code cvhjpqm and your first receipt scan
- Join Ibotta
Ibotta is a receipt scanning app that pays you cash back on certain products. Take a picture of your receipt and earn cash back on common grocery purchases. They also offer cash back on electronics, restaurants, alcohol, prescription drugs and much more.
Shopkick
- Registration Bonus: 250 points with code SALE870163 and walk-in your first store or scan your first item
- Join Shopkick
Shopkick is a free app that gives you the ability to earn points for gift cards just from walking in stores and scanning products. They also offer cash back on purchases.
