When it comes to making money online from apps, most of the times you have to spend a lot of time in watching videos, taking long surveys, or download unwanted games etc.
Luckyfor you now, I will share with you these amazing apps that not require you to trade time for money.
Here are some of the genuine money making apps you can use to make money passively, doing nothing literally.
Cashback/Shopping Apps
Most of the people now do shop online for their regular grocery and are doing retail shopping fairly often.
And who doesn’t like to get paid a portion their money by doing shopping at different stores.
There are may apps and websites they pay you
Luckily there are some great apps out there like Ibotta and Rakuten that give you as much as 40% back on some purchases, almost on autopilot.
1. Ibotta
With Ibotta, you can get paid to scan your receipts or put your grocery store card on file. You can also get paid to shop at places like CVS or Hotels.com and may popular locations.
in Ibotta the withdrawal limit is $20 to cash out and you can get paid via PayPal money.
Just remember that you can’t pile up receipts and scan them later. You have to scan them within a week of purchase in ibotta.
Ibotta also has a referral program that lets you earn extra money off people who sign up with your link similarly magicpin also has the same offer.
You will get a $10 bonus after scanning their first receipt and you get a $5 bonus.
And you will also get occasional promotions that pay more for referrals.
2. Magicpin
It is similar to ibotta you can also use the Magicpin app which pays well.
There are many popular retailers and e-commers sites in magicpin which you can use to get a cash back by scanning your receipts within 24hours to get full cash back.
It also has a referral program that lets you earn extra money off people who sign up.
3. Rakuten
Formerly known as Ebates, Rakuten is a great app and there is also a browser extension for getting cashback from online purchases from just about anywhere i.e website.
Rakuten has a lot of stores that you can get cashback from, from small e-commers stores to large retail gaints it has covered, just by having free Rakuten app or extension you can start earning money.
It does have a referral program with which you can get $25 and they get $10 when a new user signs up with you invite link but the user should spend $25 to get your referral money.
Data Collection Apps
Data collection apps pay you pretty straight forward. Many apps pay you to keep the app installed on your phone and let them collect data on what websites you like or maybe what apps you use which they in turn use for their studies in understanding consumer behaviour.
Here are some of the best money making apps that pay you to do nothing, here are a few that will pay you for your data that is already being collected by many apps, websites, phone manufacturers, etc.
4. Panel App
Do you want to earn points to redeem for prizes, rewards and sweepstakes entries by just going about your day?
Earn points by taking location-based surveys and sharing your location. Use points towards great prizes, rewards, sweepstakes, gift cards, and more!
With the Panel App, you can earn money in the form of sweepstakes and prizes by keeping the app installed on your phone. they have surveys where you can take to earn extra cash
Panel App is a free mobile loyalty club that has paid out over $2 Million in cash and prizes.
You can get the Panel App on their official website here.
5. MobileXpression
When it comes to data collection apps, MobileXpression has been one of the more well-known ones for a while.
MoblieXpression is the trusted market research community where members earn rewards.
Also, if you’re in the U.S., you will get a free $5 amazon gift card when you sign up.
MobileXpression pays you for letting them track your usage of the internet for market research purposes. They also have surveys you can take to earn extra cash.
As a member of MobileXpression, you also can earn rewards through weekly sweepstakes as long as you have the app installed and running.
The only requirement of this app is that you should be 18 years plus.
You can get the MobileXpression App on their official website here.
6. Embee Meter CX
Embee Meter CX is another data collection app that pays you based on your location.
You can earn $0.10-$2 per day or more via PayPal money with it installed in your device.
There’s no ads. No videos to watch. Nothing to click on.
In order to cash out, you’ll need at least $5 in earnings.
You can get the Embee Meter CX App on their official website here.
7. SavvyConnect
You are a VIP when you install SavvyConnect on your smartphone, desktop and/or tablet. Get $5 per device each month plus access to special surveys and expedited payments.
If you want to get paid passively for data collection as well as from referrals, you can earn up to around $180 per year with SavvyConnect.
Bonus you will also get $5-$15 on completion of projects by the referred candidates.
You can get the SavvyConnect App on their official website here.
Auto-Investing Apps
Important Note: I’m not a financial advisor, nor do I claim to be one. You should consult a certified advisor before doing any investments. This is just for educational purpose only.
Auto-Investing apps (or robo-advisor apps) are great for helping you build wealth over a long period of time.
There are many apps and that take low fees to automate your investing, as these apps use software to analyse than active account manages.
Another benefit to these is the fact that you can get started with a small investment and slowly increase your portifolio.
8. Acorns
Invest automatically invests your spare change (if you opt in) and lets you invest as little as $5 any time.
For example, if you bought a coffee for $5.50, it would round up the purchase to $6 and invest the extra $0.50.
This way, you would never really have to think about investing. It would be on autopilot.
In under 5 minutes, get investment accounts for you and your family, plus retirement, checking, ways to earn more money, and grow your knowledge.
So that you don’t have to be an expert on what particular assets to invest in they have groups based on the investment type.
The asset groups are sorted into 5 levels based on how aggressive or safe you want to be.
If you’re not sure how aggressive to be, read a book like Money Master The Game by Tony Robbins. In that book, many top investors recommend you invest more aggressively when you’re young and more conservatively when you’re older.
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They have flat-fee payment plans that cost around $1, $2, or $3 per month.
So, because they don’t charge a percentage and instead charge a flat monthly fee, the more money you have in your Acorns account, the lesser percentage you’re paying and the more your portfolio can grow.
You can get the Acorns App on their official website here.
9. Stash
Stash is another great app that lets you invest passively for long term.
Stash is an investment app that offers fee-free trades, fractional share investing, and account fees starting at $1 per month.
This means you can invest in companies with really high stock prices like Amazon or Apple without having to have a minimum of one stock.
You can instead just purchase fractional shares of large companies. This is an amazing feature and one of my favorite.
Another perk with Stash is the low monthly payments. These are nice because they can save you money as you grow your portfolio.
When you mostly pay a flat monthly rate, as the portfolio grows you rate stays the same, so you pay a lower percentage in fees as time goes on.
On top of all that, you can invest with as little as $1, so that’s just another reason Stash is a great for someone who wants to invest passively, for a long term without much financial burden
You can get the Acorns App on their official website here.