5 Money-Making Apps You Can Use To Earn Cash

By Dominica

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Last Updated: June 18, 2021

As technology becomes more prevalent in individuals’ everyday lives, it is important to recognize the benefits it holds. Technology, specifically apps, has made the world of money-making easily accessible. Below are five free apps that provide individuals with the greatest opportunity for earning revenue. Each app has been subjected to extensive feedback, reviews, and ratings. They are all available for download in both Google Play and the IOS App Store. 

 

  1.     Rakuten 

How it works: 

This money-making app rewards shoppers who purchase items from popular businesses by giving them up to 40% cash back. Shoppers are further rewarded via gift cards, cash back on travel, bonuses, etc. This app allows individuals not to only receive benefits virtually but in-stores as well, so long as they first use the app to activate the deal.

Payment Method: 

This app accepts payment in the form of checks or PayPal.

Advantages: 

There is a high probability that the stores you are already shopping at qualify for cash back on this app. Sign-up and referral bonuses are another advantage to using Rakuten. 

Disadvantages:

It will take some time before you see any earnings come your way, about three months. Make sure you have the minimum amount cash-back in your balance or else you will not get paid.

 

  1.     Swagbucks

 How it works: 

This is another cash-back rewards app. Watching videos, taking polls, shopping, and playing games are just a few of the ways in which you can earn points (aka “SB”) that you can later trade in for rewards. The points you receive differ depending on the task, but they are all redeemable whether in the form of gift cards or cash. 

Payment Method:

PayPal or gift card. 

Advantages:

Perhaps the biggest benefit of Swagbucks is that there is no ‘wait period’ before you start cashing in and making money. You are also met with a $10 bonus after joining and making a $25 purchase.

Disadvantages: 

You do not receive much of an income from this app. Each “SB” is equivalent to one cent, so it will take a while to gain a sizable amount of money. Also, users have complained about software glitches that have affected their task completion. 

 

  1.     Fiverr

How it works:

Fiverr is an app that focuses and promotes freelancing. There is a plethora of categories to choose from and work in, allowing users to create a profile that emphasizes their area of expertise. You – the “seller” – post about the service you are offering, and the “buyer” can place an order through you. If you’re good at creating graphics, making videos, writing, digital marketing, programming, and more, then you can make some money. You are evaluated based on your performance, giving you the platform to move up the tier for a better reputation and more profit. 

Payment Method:

You can credit your Fiverr Revenue Card, link your bank account directly, or use PayPal.

Advantages: 

The “buyers” seek you out and often leave tips for your service(s).

Disadvantages:

There is a mandatory 14-day wait period, post-order before you are able to access your money. Additionally, you lose 20% of each gig’s earnings to Fiverr. 

 

  1.     Poshmark 

How it works: 

This app is strictly designed to sell clothes and accessories. After joining, you share images of the items you wish to sell with a brief description and price. Once an interested customer purchases your item, Poshmark sends you a prepaid shipping label which you use to send the item to the buyer. 

Payment Method: 

Direct link to your bank account or checks are acceptable forms of payment.

Advantages:

Poshmark makes the process of selling and shipping very easy. You never have to meet face-to-face to make a sale nor do you have to pay for shipping. This company covers any damaged or lost packages, as well as any complications that arise between the buyer and seller. Lastly, the seller gets paid within three business days of the purchase being received by the buyer.

 

  1.     OfferUp 

How it works: 

OfferUp works as a marketplace where you can promote and sell your stuff to a wide audience. Upload a photo of the item you wish to sell, provide a description and a price, and chat with interested individuals via a chat box. Once you find a buyer you can either ship the item or meet and exchange it directly to them.

Payment Method:

Direct deposit via debit card/bank account or cash.

Advantages: 

Uploading and listing your items are very simple. OfferUp also provides you with stats and ratings of potential buyers, so it’s easy for you to decide if you are wasting your time or they are legit. This app allows and provides labels for continental shipping while the buyer pays this fee. The last advantage is that if you make a cash sale, that money is yours instantly. 

Disadvantages: 

As the seller, it is your responsibility to make sure the transactions are successful. Also, you must pay a minimum of $1.99 for all shipments or a 12.9% service fee.

 

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One comment on “5 Money-Making Apps You Can Use To Earn Cash”

  1. On the 5 Money-Making Apps, can I do it from Malaysia or is it only applicable to America and the European countries

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