Best Money Making Apps in 2020 (Make Money on Your Phone)

Written by Melanie

September 28, 2020

best money making apps

How much time do you spend on your phone? I’m guessing a lot. Chances are that you are even reading this post on your phone.

If this is the case, why not use your phone to make money online?

There are money making apps that will pay you for accomplishing really easy tasks like shopping online, watching videos, taking surveys and much more.

I know you have no time for chit-chat so I’ll cut right to the chase with this list.

Think of this as a must-have list of apps that’ll help you make a little extra money.

Let’s dive right in!

1. Dosh

What is Dosh?

Dosh is a mobile cashback app that allows you to make money whenever you shop or dine in participating outlets by paying you some cash back.

How to use Dosh

You can make money with Dosh in several ways:

  • Linking your card: You earn $5 when you link your card for the first time and an extra $1 for every card you link.
  • Shopping in participating stores: Dosh has many popular stores and brands in its roster. When you shop or dine at any of these outlets, you earn up to 10% cashback
  • Referring new users to the app: You’ll make $5 for every new user you refer to the app through the referral program
  • Referring new businesses to the app: If you refer a local business to the app and they sign up using your link, you’ll get a whopping 20% of what the company earns from Dosh for the first two years they partner with Dosh!
  • Hotel booking: You’ll get $25 for booking a hotel for the first time through Dosh

How much can you make with Dosh?

Since it is a cashback app, you’ll get the highest earning potential if you shop or eat out frequently.

If you are not a frequent shopper or diner, the referral program is where all the money will be.

There are frequent referral bonus promotions, where you can earn as much as $15 to $25 per referral.

If you wait for such promotions and get your friends and family together, you can make way more money.

There is a $25 minimum withdrawal limit. You can get paid via direct deposit or Paypal.

How to get started with Dosh

To get started with Dosh, simply download the app and create an account.

Once your account is created, you can now link any cards you want. I recommend linking cards that you use often to maximize your earning potential.

Once your card is linked, you’ll be ready to start earning cashback!

All you have to do is check the list of retailers around you and their cashback rates on the app.

Any cash back you earn from shopping at these retailers will be deposited in your Dosh Wallet.

You can make your withdrawals once you hit the minimum threshold of $25.

2. MyPoints

What is MyPoints

MyPoints is a rewards program that you can use to earn special points called MyPoints.

Related:  Fun Gigs To Sell On Fiverr

You earn these points for taking surveys, shopping online, watching videos, playing games, and more.

If you have enough MyPoints, you can redeem them for gift cards or cash.

MyPoints also offers up to 40% cashback on online purchases when you use it to shop.

How to use MyPoints

You can use MyPoints to do surveys, as a cashback site, or for its rewards program.

  • Do surveys: Complete surveys and get paid. MyPoints will pay for all attempted surveys, even the ones you did not qualify for. You’ll earn 5 points for every disqualification
  • Earn cashback: You’ll earn cashback for all your purchases as you shop using the app. Expect up to 40% cashback on a single purchase
  • Earn rewards: You can earn points for doing simple tasks like watching videos, playing games, or redeeming the daily special offers

Collect enough points and you can redeem them for gift cards, including prepaid Visa gift cards, or cash paid out to your PayPal account.

How much can you make with MyPoints

If you join MyPoints using my link, you’ll get free $10 just for signing up! After that, you’ll earn another 30 points for completing your account profile.

You can earn as much as 40% cashback on your purchases at over 2000 popular online stores, including stores like Walmart, Target, and Amazon.

As for surveys, every one of them is different. Generally speaking, you can expect at least 50-150 points per completed survey and 5 points per attempt.

However, there are also the rare $50 surveys every once in a while.

Points can be redeemed for gift cards or cash. 480 points will get you $3, 700 points will get you $5, and 3970 points will get you $25.

You can also redeem your points for travel miles on your United MileagePlus account. You’ll need to save up at least 6900 points, which will get you 2500 miles.

How to get started with MyPoints

It is completely free to sign up and start earning with MyPoints. All you have to do is visit their website and create your account.

3. Instacart

What is Instacart

Instacart is a grocery delivery service that allows people to order groceries from local stores and have them delivered to their homes.

To make money with this app, you have to sign up to be an Instacart shopper. Your job will then be to shop for and deliver groceries to Instacart customers at a fee.

How to use Instacart

You can become an Instacart shopper in one of two ways: an in-store shopper or a full-service shopper.

Full-service shoppers are independent contractors that shop and deliver the groceries in their cars.

In-store shoppers are part-time employees that do in-store shopping only.

Full-service shoppers can work an unlimited number of hours a week while in-store shoppers are limited to 15-20 hours a week.

How much can you make with Instacart

The amount of money you make will depend on the amount of time you put into it.

In general, in-store shoppers are paid $7 to $21 an hour depending on location. Full-service shoppers are paid per order.

Every order has a pay estimate on the app. Normal rates are a minimum of $5 per delivery-only orders and a minimum of $7-$10 per shop-and-deliver orders.

The pay is a commission based on the order size, the type of items you’re buying, and the distance you have to drive, plus tips.

The tips are usually the best part. If work full time plus the tips you can make up to $2000 a month.

How to get started with Instacart

To apply to become an Instacart shopper, download the Shopper app, create an account, and give Instacart permission to perform a background check on you.

Related:  How To Get Gift Cards For Christmas Presents

When you pass, you’ll be able to use the app to get gigs and track your earnings.

4. Survey Junkie

What is Survey Junkie

Survey Junkie is a survey platform where you get paid to complete surveys.

This basically means you get paid for your opinion when you answer a few simple questions.

How to use Survey Junkie

Survey Junkie is a point-system survey site. This means you earn special points for completing surveys.

These points translate to between $1 and $5 per completed survey. The longer the survey, the more the points you’ll earn.

To make money with the app, all you have to do is complete the surveys.

Plus, whether you qualify for a survey or not, you will still get paid for it.

How much can you make with Survey Junkie

Expect to make between $2 to $5 per survey at Survey Junkie. There is a minimum withdrawal threshold of $10.

You’ll need a PayPal account to cash out. If you do not have one, you can redeem your points in e-gift cards, an option that is only available to US users.

How to get started with Survey Junkie

You can get started with Survey Junkie by creating your account. It is completely free to sign up and start using the platform.

5. Rakuten

What is Rakuten?

Rakuten is another cashback platform that pays you to shop at popular retailers.

How to use Rakuten

Rakuten is pretty straightforward in how it works.

You’ll get a $10 sign up bonus for creating an account.

After that, you’ll earn cash back on all the purchases you make while shopping with Rakuten’s partners. The amount of cashback you’ll get varies from retailer to retailer.

You can also earn an extra 3% cash back when you use the Rakuten Cash Back Visa credit card to shop.

Additionally, you also have the option of making money by referring other people to the app. Every referral will earn you $25.

How much can you make with Rakuten

The amount of money you make with Rakuten will depend on how you choose to use the app.

If you do a lot of online shopping, the cashback you’ll get will quickly add up with your purchases.

You are also guaranteed to make at least $10 just for signing up.

If you have a lot of friends and family you can refer to the platform, your earning potential also increases as you’ll make $25 for every referral.

How to get started with Rakuten

To get started with Rakuten, create an account, and get shopping!

Final Thoughts On Money Making Apps

Money making apps are a great way to make money fast. It’s not a lot of money, but it’s a great way to make extra cash especially if you don’t have the time to start a part time job.

It’s usually great if you sign up on several of these apps. If you can sign up for all, it’s even better.

Do you have experience using any of these money making apps? I’d love to hear about your experience! And if you know anyone who will love to join any of these apps, please share this article with them!

Need help building your own website?

Our step by step guide will help you do it in 7 easy steps!

This post may contain affiliate links. This means I may receive a small commission, at no extra cost to you, when you make a purchase. Please, read my affiliate disclaimer for more details.

Related Articles

Weird Fiverr Gigs

1. Cast love spells Wow! Someone is making money as a sorcerer in 2020! Think you have the magic to rival her? She has over 1090 5-star reviews so...

read more

4 Comments

  1. Cedric Noronha

    Very good post. Highly informative and nicely written. Keep up the good work.

    Reply
    • Melanie

      Thanks Cedric.

      Reply
  2. Brian

    Cool article. Didn’t know about Dosh. Instacart rocks.

    Reply
    • Melanie

      Thanks, Brian. Dosh is awesome. You should check it out.

      Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Pin It on Pinterest

Share This