Drop Review
Drop is a rewards program that enables users to earn points for their regular purchases and transactions. These points can then be redeemed for gift cards or other offers starting from $25 onwards. Drop also offers its members other ways to earn rewards, such as by playing in-app games and doing surveys. To date, the platform has over 1 million app installs according to app data from Google.
Pros
- Earn $10 from Drop Flash Deal offers – to qualify, you must add the offer to your account and complete the transaction within a specified timeframe.
- Quick turnaround time for rewards – you will receive your gift card in your Drop account within 3 business days of redeeming your points for it.
- Referral bonus – get up to $50 for the first 10 friends that you refer. Referred friends must earn their first $10 before you get your bonus,
- 5 different ways to earn rewards – inclusing card-linked offers, in-app shopping offers, playing games, completing surveys, and referring friends.
Cons
- Only 1 redemption option – Drop points can only be redeemed for gift cards and there is a high minimum threshold of $25 for to redeem rewards.
- Weekly earning cap of $5 for card-linked offers – this means that you can only get up to $5 in cashback from your card-linked purchases each week.
Jump to: Full Review
Compare to Other Cashback Sites
Swagbucks
18 ways to earn money – surveys, coupons, cashbacks + $5 sign up bonus
Up to 10% cashback from stores – Walmart, Amazon, Best Buy, JCPenney
Most members can earn an extra $50 – $200 a month using Swagbucks
InboxDollars
Shopping online on mobile apps with a cashback rate of 1.5% to 15%
Earn money for scanning your receipts or trying featured daily deals
Over $80 million in cash rewards paid to members + $5 sign up bonus
MyPoints
Earn a $10 Amazon Card with your first purchase (spend $20 to qualify)
MyPoints members get up to 40% back with every purchase at 2,000 stores
Extra ways to earn money – surveys, games, emails, watching videos
How Does Drop Work?
Launched in 2017 and Based in Toronto, Drop is a shopping app that lets you earn gift cards (from Amazon, Target, etc.) on your regular purchases.
Drop allows you to;
- Download the Drop app and link your card to Drop to unlock Drop Premium and earn even more points.
- Shop at brands you love through the app and earn more points
- Redeem them in the app for instant rewards like gift cards to Amazon, Uber, Starbucks, and more.
How Much Cashback You Can Get With Drop?
Each merchant sets the number of Drop points you can earn with each transaction.
The amount of points you can earn with each purchase varies from retailer to retailer and the information will be available for you in your app.
For example, you can earn:
| Store | Reward |
|---|---|
| Walmart | 2 points for each $1 spent |
| Trader Joe’s | 12 points for each $1 spent |
1,000 Drop points = $1
Note that Drop sets an earning cap at 5,000 points per week, meaning anything you earn beyond that won’t count. This means you can earn a maximum of $20 per month just by doing what you’ve already been doing.
Also remember, that your points won’t immediately show up in your account, because Drop works with your bank to verify your purchases. This process usually takes 2-3 days, so don’t panic if you don’t see your Points updated for a few days.
While most Drop users typically earn about 1% to 2% cash-backs on their regular purchases, you could be getting $10 – $20 back into your account for each $100 you spend.
When you see a one-time offer on Drop, make sure you click the link to activate it. If you complete purchases outside of the app, you won’t be eligible for points.
Who is Drop Best for?
Drop is best for individuals who want to earn gift cards on their regular purchases. It’s also suitable for users who want to save while shopping.
Drop Promotions
As a shopping app, Drop offers bonuses and special promotions for spending a certain amount or for shopping at a certain retailer.
The promotions are usually limited in time and each time there’s a new promotion available, it will appear within your Drop app.
Moreover, Drop will alert you if you can earn extra points shopping in your favorite stores. Plus, Drop will give you a supercharge bonus when you make 5 or more purchases at one of your favorite stores.
Drop also rewards you when you invite your friend to the app. If someone joins Drop with your referral link, you’ll both get 5,000 points as a reward once they earn at least 1,000 points.
You can also maximize your Drop earrings by linking your second card or completing a certain number of purchases.
Drop Partner Stores
Drop partners with a large range of stores and brands where you can collect cash-back points, including:
- Amazon
- Target
- Walmart
- eBay
- Sephora
- American Eagle
- Old Navy
- Domino’s Pizza
- Trader Joe’s
- Grubhub
- Uber
- Lululemon
- Etc.
Drop Features: What Does Drop Offer?
Members Centric Program
Drop focuses on the user experience, making it easy to earn points. For instance, it’s a mobile app that’s based around shopping.
Easy Ways To Earn
Drop centers its points around something everyone does: shopping. So, Drop lets you monetize these everyday activities to your advantage.
In-app Offers
Drop will give you a list of participating stores. You just shop through the system to earn.
While some of the in-app offers require you to use your linked card, others do not. The list of the in-app offer includes Walmart, Apple, Nordstrom, Groupon, and ASOS.
Power boost Offers with linked cards
Drop also has in-app offers that let you earn more points for the same offer.
Refer a Friend Program
Drop has a pretty generous referral friend program. Every time you refer a friend to sign up with Drop, you’ll earn 5,000 points
Shop with Rocketmiles
Drop allows you to shop with Rocketmiles and earn miles from dozens of airline mileage programs. This is a really lucrative offer to take advantage of if you travel often.
Drop for Chrome
Drop for Chrome allows select members to use the Drop application when shopping online via their Chrome browser. This extension also lets you take advantage of the Drop rewards potential more often.
Is Drop Free?
Drop is completely free to use. There are no sign-up, membership or commission fees associated with your Drop app.
As a cash-back app, Drop pays you, not the other way around.
Drop Security
Drop collaborates with your bank to connect your account and doesn’t store any of your financial information.
Plus, Drop uses bank-level 265-bit encryption to secure your account and personal information. This encryption is similar to the security used by financial technology companies like Acorns, Robinhood and others.
Drop Payout Terms and Options?
Once you reach a certain number of points, you can redeem them for gift cards to popular retailers. For example, you can redeem 50,000 Drop points for a $50 Starbucks gift card.
Once you redeem your Drop points for the gift card you want, you’ll receive an e-gift card available in your Drop wallet via the app.
Drop Reviews: Is Drop Legit?
Drop is a legit app that boasts positive reviews from its customers, totaling the score of 4.2 out of 5-star rating on Trustpilot, 4.6-star rating on Apple Store and 2.8 stars on Google Play. According to most users, the app is not only easy to use but also allows them to make extra money online.
Others also praised it for its responsive customer service.The main thing Android users complain about on Google Play is that the app loads slowly and crashes often that often results in missing the cash-back points.
| Platform | Rating |
|---|---|
| Google Play | 2.8 |
| Trustpilot | 4.2 |
| Apple Store | 4.6 |
What are Drop Pros & Cons?
Drop Pros
- Easy to set up and use
- You don’t have to submit receipts or take any action
- You can use it in addition to other cash-back apps
- Drop partners with a range of retailers where you can earn and redeem cash-backs
Drop Cons
- Drop points are redeemable for gift cards only
- A weekly earning cap of 5,000 points
How Good is Drop Support?
If you have any questions or issues regarding your Drop account, Drop provides customer service that will help you. There are 3 ways to contact Drop customer service:
- Visit the Drop support page, sign in and enter your message.
- Open the Drop app on your smartphone and navigate to Profile > Support to submit a ticket.
- Email the Drop app support at support@drop.com.
Drop Review Verdict: is Drop Worth it?
While Drop isn’t a perfect rewards app, it allows you to earn rewards (up to $20 a month) for purchases you already plan to make. Also, you can stack your earnings by maximizing rewards from credit cards and uploading your receipts to rewards apps that pay you to do that.
Drop isn’t as intuitive as other cash-back apps and portals. But if you are looking to earn extra money shopping, the app could be worth it.
How to Sign Up With Drop?
Getting started with Drop is a pretty straightforward process.
Step 1 – Download Drop
Logically, the first step to getting started with Drop is to download an app on your iPhone or Android smartphones. You can also visit the Drop website and enter your phone number for Drop to send a download link to your phone.
Drop also offers a Chrome extension that lets you earn Drop points when you shop online.
Step 2 – Create an account and link your card
Once you’ve downloaded the app, you need to create your Drop account by entering basic information.
Finally, you’ll be prompted to link your debit or credit card so that you can seamlessly earn cash-backs on your purchases.
Step 3 – Select your favorite stores
After you’ve created your account and connected your card, you can pick 5 of your favorite brands where you can collect Drop points. Drop offers popular retailers like Walmart, Target, Starbucks, Trader Joe’s, Uber and other major ones.
Choose your favorite stores wisely as you cannot edit your list later on. I recommend picking brands or stores that you shop frequently with.
Step 4 – Choose bonus offers (Optional)
While this step is optional, choosing bonus offers can increase your points. Basically, you’ll be getting extra points for completing tasks like linking a second card, inviting your friend to the app, or completing a certain number of purchases.
Step 5 – Start earning Drop points
Just by registering, linking your card, and selecting your favorite brands, you’ve already received some initial points. All you have to do is shop at your selected retailers with your linked card to start earning Drop points.
Remember: don’t just go and increase your spending to collect more points. Just use your Drop-linked card on your regular purchases.
Drop FAQ
What is Drop?
Other than the headquarters, the company also has an office in Manhattan. Drop aims to help millennials earn points simply for shopping with their favorite brands by offering a flexible mobile rewards platform.
The Drop app is available for iOS users and android users. The best thing about Drop is that they offer a variety of retailers you can earn cash-backs from, such as Walmart, Target, Trader Joe’s, and more.
Today, the company has over five million users.
Who can join Drop?
Anyone who lives in the United States and Canada, is aged 18 or older and has an open bank account can join Drop.
Do Drop points expire?
No, your Drop points will never expire. However, if you leave your account inactive for more than 6 months, you’ll be charged a maintenance fee of 2,500 points.
Can you earn points for referring a friend?
You’ll earn 5,000 points for each friend you invite to join Drop with your referral link. Note that they need to earn 1,000 points before you get your reward. Plus, you can only earn points for referring 10 friends. So if you use up all the invites, you could earn $50.
What determines the points you earn from Drop?
How many points you earn depends on your shopping history and how often you use the Drop app.
How does Drop use my personal information?
Drop may use your personal information to do market research or recommend products or services. It also promises not to share your data without your consent.
