How does Drop work? Learn how in this Drop app review…
If you want to know the answer to this question I assume you already know what Drop is but if you don’t, no worries, we will go over what Drop is and how it works.
But first, let me ask you a question…
How would you like to get free gift cards?!
Of course, you would! who wouldn’t? Well, this is what Drop essentially does.
So, how Does drop work? Drop is a cash-back app that gives you points for shopping at your favorite stores and you can trade these points in for gift cards.
If you don’t want to waste any time in getting cash-back for your purchases, just sign up to Dosh for free here! (I highly recommend doing this)
Now let’s get into this Drop app review and learn how Drop works and some tips to maximize your earnings!
How Does Drop Work?
Now that you know what Drop is you need to know how Drop works and it is pretty simple really.
After you go through the setup which we’ll go over soon, you will be able to get cashback for things you are already buying anyway!
Drop gives you points for your cashback reward that can be traded in for several gift cards to places like Amazon, Starbucks, Sephora, iTunes, etc…
Unfortunately, there is no way to cash out to PayPal from Drop but there are a good amount of gift cards you can choose from!
The point structure for Drop is really simple, 1 Drop point is equal to $0.001. Not much at all but these sure do add up!
Then when you accumulate enough points, you redeem them for a digital gift card of your choice.
So, to answer the question of how does drop work easily, it is that with Drop you will earn points for your everyday purchases which can be redeemed for free gift cards!
Now let’s dig deeper into this Drop app review to get Drop set up and then answer the question on how does drop work so you can start getting cashback right now!
What Is Drop?
Drop is an awesome cashback app that allows you to save money easily by getting money back for your everyday purchases.
You most likely heard of big cashback sites like Ebates and while Drop is a smaller company, they sure have some offers that you will love.
Now for a little history of Drop…
Drop was founded in Canada in 2015 and even though it is a pretty new cashback app they have paid millions in cash back to their users!
It is also completely free to sign up to Drop and use it!
Drop makes saving money every day a breeze and I highly recommend using this app on your financial journey.
The first thing you need to do is sign up to Drop for your iPhone or Android device which you can do here.
Once you open Drop you will see the signup screen:
Just click signup with email and then fill in the required information, you can also choose to sign up with Facebook instead but I recommend using email to sign up.
You will then see a screen to enter in an invite code if you have one to use and then you will have to enter some further information shown on the screen below:
Then you will have the option to turn on notifications which I recommend doing and you will be brought to the screen to select your power offers.
A quick note about your power offers…
These power offers are cashback offers that you will earn automatically when shopping at the selected store.
You are allowed to select 2 power offers and you cannot change power offers on Drop so choose these very carefully!
Choose stores that you shop at the most, it can be places like Starbucks, Dunkin Donuts, Walmart, Whole Foods, etc…
The great thing about these offers is that you don’t have to activate them to earn points, it’s all automatic when you shop with a linked card!
Speaking of a linked card, we are at the part that turns most people off…
You now have to link a card to Drop using your online bank account login.
Well, is the Drop app safe?
I know… I know… you are most likely not comfortable linking your bank account but Drop assures that your login information is safe and I haven’t had any security issues when using Drop.
Drop is powered by Fincity security which is a secure way to connect an app to banks, other companies like Experian, Waterstone Mortgage, and ElliMae also use Fincity.
Your information is never stored by Fincity or Drop, it is simply used for authentication purposes which hopefully gives you peace of mind.
So, to answer the question “is the Drop app safe”. Yes, it is completely safe to use!
Drop partners with 100’s of banks and credit card providers so you will most likely have no issues linking your bank account or credit card to Drop.
How To Use Drop
Now that you have your Drop account setup, let’s see how you can use drop to get cashback!
So how does drop work?
On the main screen of Drop, you will see a bunch of different offers from stores split into sections like recommended stores, new stores, most popular, etc…
Let’s break these down so you can get a clear answer on how to use Drop…
Drop even offers a few surveys you can take but they don’t pay much at all. However, it will take less than 30 seconds for 50 points so I recommend completing these when you see them.
As you know, 1 Drop point is equal to $0.01 so a 50 point is only worth $0.05 but for a few seconds, it’s not that bad.
Other than the two automatic offers you selected when setting up Drop, there are hundreds of other cashback offers that you’ll need to activate manually
Let’s say I want to shop at Walmart I would check for Walmart on Drop by either looking for the icon on the home page or using the search bar.
I see that Walmart offers 20 points for every dollar I spend, is this good or bad?
Well, we know that 1 Drop point equals $0.001 so 20 Drop points equal $0.02. This means for every dollar you spend you get $0.02 in cash back or a 2% cashback rate.
So, if you want to get cash back from Walmart on Drop you need to click on the icon and then Add the offer to your account.
Make sure you scroll down on the screen to see the “How It Works” section to know all about the cashback offer for this store.
Then once you add the offer you will see the option to Shop Now button, click on it, and then the stores’ site will load up in the Drop app where you can shop and earn your points!
Some stores give the option to send the offer to your email so you can shop from your laptop or desktop computer instead of your mobile device.
Once you select this option you will get this confirmation message:
Then in your email, you will get the Drop link to shop from your computer and get cashback on your purchases!
Drop also has a special offer where you can get extra points in a really easy way!
Just go to the Points section in the app where you will see the two power offers you chose when setting Drop up but right above that you will see something called Supercharge.
Your Supercharge will either be ready or it wouldn’t as shown below:
To unlock the supercharge you just have to use your linked card 5 times at your power offer stores
You will then unlock a game that you can play to own bonus points!
Yes, all you need to play a game to earn some extra points on Drop and it’s not just a random game, it’s the classic game Snake which is so much fun!
You can make a few hundred points for simply playing Snake so definitely keep an eye out for these supercharge bonuses and make some extra points whenever you can!
Linking Cards To Drop
You most likely have linked one card to Drop already but if you would like to link additional cards to Drop to maximize your Drop points then just click on your profile icon on the top left of the app.
Here you will see a few options with one being the link card option, you can also see the card you linked and unlink it if you would like to do so.
Just click on the link card option and then link as many cards as you’d link!
On Drop, you can also get points by referring friends to the app!
But how does drop work for referring friends?
Let’s get into it…
By clicking on your profile you will see the option to invite friends to Drop:
You will get $5 or 5,000 points for inviting a friend to Drop and you will also give them $5 as well, which is a win-win!
Drop will give you a code that you can share with friends and all they have to do is enter your code when signing up and you both will get $5!
The downside is that you can only invite 10 friends to Drop so you can only make $50 for inviting friends but this is much better than nothing.
Sign up to Drop here and then invite your friends to make easy money today!
Once you get enough points on Drop it is time to redeem these points for gift cards!
Simply choose the Redeem menu option in Drop and you will see all the available gift cards from the cheapest options to the most expensive options.
However, Drop recently changed its rewards, and the cheapest gift cards available start from 25,000 points or $25.
This is a pretty high limit and another downside is that if you don’t use the Drop app frequently you will only see offers for $75 to $100 gift cards as shown below:
You will have to unlock the $25 gift card options on Drop. This is the message they have on the app:
Scroll down and find an offer you like and then click on it and you will then see the Redeem option.
Once you redeem your points for a gift card, you will receive an e-gift card to your email instantly but it can also take up to 3 days so keep this in mind.
Now just use this gift card for anything you want to purchase it’s that simple!
If you don’t have enough points for a specific gift card you want you will see this screen showing you how many more points you need to redeem this offer.
Remember to link all the cards to Drop and choose stores you constantly shop at for your power offers.
Drop App Tips
Now that we answered the question on how does drop work here are the best Drop tips to maximize your points!
- Link all the cards you use to shop with, this way you will never miss out on the power offer points.
- Take the surveys when they are available. They don’t pay much but you can make a few cents in a few seconds!
- Choose your power offers carefully, don’t choose your favorite brands, choose the stores you shop at the most.
- Check Drop for cashback offers before shopping at any store
- Invite friends to Drop to get $5 for each friend up to 10 friends!
- Play supercharge whenever it is available to gain some extra points for simply playing a game
Pros and Cons
Here are some pros and cons of Drop you need to know:
- Free cashback platform you can use to earn gift cards automatically.
- Referral program where you can make $50 easily!
- Supercharge game where you can make extra points by playing a game.
- Automatic points from your 2 power offers when using a linked card.
- Unable to change power offers on Drop.
- Can only select 2 power offers, down from 5 which Drop offered in the past.
- Points are not worth much, at only $0.001 per point it is not jaw-dropping.
- Can only get gift cards, no PayPal, or cash.
Overall Drop is an awesome cashback app to use to earn free gift cards. Sign up here!
Drop App FAQ
These are some questions that are frequently asked about Drop.
Is Drop Worth It?
Since Drop gives you automatic cash back for your purchases it is definitely worth it! Sign up to Drop and get Cashback now.
How Does Drop Work?
Drop works by giving you cash back for your purchases when you shop with a linked card. You will earn points that can be redeemed for free gift cards.
Where To Sign Up For Drop?
Sign up to Drop here and start getting cashback immediately when you link your card/s to Drop.
Does Drop Work With Debit Cards?
Yes, Drop works with debit cards along with credit cards to give you the best chance to get cashback on your purchases!
Do Drop Points Expire?
Drop Points do not expire so you can accumulate as many points as you’d like to redeem the more valuable gift cards on Drop.
How Much Is A Drop Point Worth?
One Drop point is worth $0.001. For example, 1,000 Drop points equals $1.00 and 5,000 Drop points equals $5.00.
How Do You Cash Out Drop Points?
After you accumulate enough Drop points you can use them to redeem free gift cards. The free gift cards start at 25,000 Drop points for a $25.00 gift card.
In this Drop app review, we answered the question of how does Drop work and you have the tips to maximize your earning on Drop!
So have you signed up yet? If not then what are you waiting for?!
Sign up to Drop here and start earning free gift cards today!
Do you use the Drop app for cashback rewards? What do you think about Drop? Let me know in the comments below!
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