I am a business enthusiast who loves to test financial tools. I want to share my personal experience today. You might wonder about Drop How does Drop help people earn rewards? This loyalty app started in Canada in the year 2015.
Derrick Fung created this platform to help people save money. Today, more than three million users enjoy this service. First of all, the company raised 44 million dollars during their Series B funding round. I will explain exactly about Drop How does Drop help people earn rewards? in this review.
- Connect your bank card to collect points automatically.
- Play simple mobile games to get extra free points.
- Exchange your reward points for popular retail gift cards.
The Basics of Drop How does Drop help people earn rewards?
I started my journey with a simple download. You create an account and connect your debit card. At that time, I felt a bit nervous about security. However, the system uses 256-bit encryption to protect your data.
This is the same security that big banks use. Very safe. Later, you pick your favorite brands from a list. You shop as you normally do to earn money.
The app tracks your purchases automatically. You get points for every dollar you spend. Therefore, you earn money without extra work. Pure passive income.
Earn Points When You Shop
Gradually, I noticed my points balance growing. I bought items at Amazon and Target. The app added points to my account in a few days. You earn a specific number of points per dollar.
For example, you might earn 20 points per dollar at Amazon. Additionally, the app offers special boosted deals. These deals give you extra points for a limited time. On top of that, you do not need to scan any paper receipts.
| Retailer Name | Points Per Dollar |
| Starbucks | 15 Points |
| McDonald’s | 10 Points |
| Walmart | 10 Points |
This table shows a few examples of point rates. You can see that Starbucks pays 15 points per dollar spent. Similarly, you get 10 points per dollar at McDonald’s and Walmart. Plus, the offers change sometimes, so you should check the app often.
Extra Methods To Earn Fast
You do not have to rely on shopping alone. I discovered other fun ways to earn. You can play mobile games inside the app. Though, the pay rate for games is quite low.
I played games like Snake and Hoops for a few minutes. Also, you can complete short surveys to boost your balance. Most surveys take just one minute to finish. You earn between 25 and 50 points per survey.
On the contrary, long surveys pay up to 500 points. Easy money. My friends also asked me about Drop How does Drop help people earn rewards? The answer is very simple and clear.
Share With Friends
You receive a unique referral code when you join. You can share this code with your friends. I sent my code to a few business colleagues. We both received 5,000 bonus points when they signed up.
This bonus equals five dollars in real money. You can invite up to 10 friends to claim this specific reward. Finally, this step alone can add 50 dollars to your account. A total win.
Drop How does Drop help people earn rewards? The Gift Card Store
You need to understand the point value system. Every 1,000 points equal one dollar. You must reach at least 25,000 points to claim a gift card. This limit equals 25 dollars.
I waited a few weeks to reach my goal. Later, I visited the rewards tab. You can choose cards for Amazon, Starbucks, or Best Buy. The app sends an electronic gift card to your email.
| Reward Type | Points Needed | Cash Value |
| Starbucks Card | 25,000 Points | 25 Dollars |
| Amazon Card | 25,000 Points | 25 Dollars |
| Target Card | 25,000 Points | 25 Dollars |
The table above outlines the basic redemption costs. You trade 25,000 points for a 25-dollar reward. Therefore, the math is very simple and clear. You do not get cash deposits, but these store cards are very useful.
Recent App Changes
I must mention a recent problem. The company changed how you claim rewards. They now release gift cards only on Thursdays at 1 PM. However, the cards sell out in just one minute.
Many users feel angry about this new rule. I tried to claim a card last Thursday. The app crashed due to high traffic. I missed out and felt very sad.
FAQ’s
I want to answer some common questions now. Many people ask me about this app. I will share the most important facts below. Read these details carefully.
You must know the truth before you join. Business professionals always do their research. I compiled the top three questions for you. Review them before you download the tool.
Is the app safe for my bank data?
Yes, the app is very safe. They use 256-bit encryption for all data. They never store your bank passwords on their servers. Your money is protected at all times.
You can trust the Plaid connection system. This system acts as a secure bridge between your bank and the app. Hackers cannot steal your login details. I feel very confident about this security level.
Does it cost money to join?
No, the app is completely free. You do not pay any fees to create an account. You just download the app and start. Free money is always good.
You do not have to buy anything to use the basic features. Some users buy things in the app, but you do not have to. The company makes money from brands, not from you. You can enjoy the service for free.
Can my points expire?
Your points do not expire naturally. However, the company deducts 2,500 points if you do not log in for six months. You should open the app regularly. Stay active to keep your money.
I suggest you set a reminder on your phone. You can open the app once a month just to be safe. This quick action protects your hard work. You will never lose your points this way.
Conclusion
I enjoyed my time with this tool. It offers a very easy way to earn passive rewards. We explored the core question of Drop How does Drop help people earn rewards? in great detail. The business model is smart and effective.
You connect your card, shop, and collect points. Though, the new Thursday redemption rule is quite bad. Overall, I recommend this app for patient users. You will earn free coffee and discounts if you stick with it.