René Bennett | Bankrate (TNS)

Technology is making it easier than ever to make a little extra cash, whether it’s taking on side gigs or getting rewarded for certain purchases. With a money-making app, you can look for gigs, deals and other ways to earn money simply by browsing on your mobile phone.

There’s a slew of money-making apps available on the market tailored to a variety of skills and needs. These apps are some of the best to help you make a bit of extra money.

Best apps to make money

App | Best for

Rakuten
Cash back online

Ibotta
Cash back in-store

Upside
Cash back on gas

Depop
Selling clothes

Swagbucks
App-based tasks

TaskRabbit
Local tasks

Fiverr
Freelancing

Survey Junkie
Taking surveys

UrbanSitter
Babysitting

Rocket Money
Saving on bills and subscriptions

1. Rakuten: Best for cash back on online purchases

Rakuten is an app that earns you cash back for shopping at over 3,500 stores online. It works by partnering with different stores and getting paid a commission for sales, which is then shared with the customer in the form of cash back.

Some popular brands that Rakuten partners with include Etsy, Macy’s, StubHub and Best Buy. A few stores come with the opportunity to earn over 10% cash back on purchases.

You can earn cash back by shopping through the Rakuten app or downloading the Rakuten browser extension. It’s also possible to collect earnings from in-store purchases by linking a card to Rakuten in the app and then using the linked card to pay in-store. Earnings are paid out four times a year, and they can be distributed by check or PayPal.

Cost: Free
How you make money: Cash back on purchases

Pros

Free
$30 bonus for friend referrals
Unlimited cash back available for online and in-person shopping

Cons

Payouts are only made quarterly
Most stores have exclusions for items that don’t earn cash back

2. Ibotta: Best for cash back on in-store purchases

Ibotta offers cash-back rewards on purchases made online and in stores, much like Rakuten. A unique feature of Ibotta, though, is its abundance of earnings opportunities for in-store purchases.

If you have loyalty cards at certain retailers, you can link them to the Ibotta app to earn cash-back rewards whenever you shop at the retailer. Another way to earn cash back is by submitting a receipt from stores Ibotta partners with; when you buy certain products listed in the app, you receive cash back on the purchase. You can also opt-in to Nearby Offer Alerts, which send notifications to your mobile phone whenever you’re near an Ibotta retailer.

You can even earn cash back for grocery shopping at a number of popular grocery stores, including Foodtown, Kroger and Trader Joe’s.

Instead of earning points and then redeeming accumulated points, you get direct cash for each qualifying purchase within 24 hours. You can withdraw earnings whenever you reach $20, which can then be converted into a gift card or transferred to a bank account via PayPal.

Cost: Free
How you make money: Cash back on in-store and online purchases

Pros

Earning cash back from in-person shopping is easy and widely available
Unlimited cash back for in-store and online shopping

Cons

You need to earn at least $20 and redeem at least one offer before you can withdraw earnings
For online shopping, transactions only qualify if you shop through the Ibotta app

3. Upside: Best for cash back on gas

With Upside, you can earn cash back on a purchase that’s inevitable if you drive a car: Gasoline. The app makes it easy to find eligible gas stations through its interactive map, and you simply claim a cash-back offer in the app before you pay.

According to the app’s website, if you spent $200 on gas in a month, you’d earn about $4 in cash back. Plus, you can earn cash back at certain restaurants and grocery stores through the app.

To cash out, you can connect a bank account or PayPal, or use earnings to buy a gift card. However, there’s a $1 fee if you cash out less than $15 through Paypal or less than $10 to a bank account. Payouts process within one or two days.

Cost: Free
How you make money: Cash back on gas purchases, and for some restaurants and grocery stores

Pros

You can earn cash back on everyday gas purchases.
Some restaurants and grocery stores are also eligible for earning cash back.
The app offers a helpful map to find eligible gas stations nearby.

Cons

You need at least $10 for bank transfers and $15 for PayPal transfers to avoid a $1 cash-out fee.
Cheaper gas stations may not be eligible for cash back – it’s important to compare options to ensure you’re getting a good deal.

4. Depop: Best for selling clothes

With Depop, users can sell their old clothes and accessories. Depop began as a social network for younger creatives to connect with new designers. Today, the app is a widespread online marketplace that boasts about 30 million registered users.

Anyone can create an account with Depop to list items, and the app offers seller services to teach users the ins and outs of selling on the online marketplace. Once listed, an item can be liked or bookmarked by potential buyers, and there’s a messaging service embedded in the app so buyers and sellers can communicate. Sellers also have the option to offer international shipping.

In addition to clothing, there are categories for homeware, sports equipment, magazines and more.

Cost: 10% of each sale
How you make money: Selling clothing and accessories

Pros

Anyone can sell on the app in a variety of categories
Buyers and sellers can communicate through an in-app chat service

Cons

Depop takes a 10% fee from sales

5. Swagbucks: Best for app-based tasks

Swagbucks is a one-stop shop for earning monetary rewards on various tasks. Tasks you can make money on through the Swagbucks app include watching promotional videos, completing surveys and shopping online. You can also earn rewards for buying certain groceries — you just snap a picture of the receipt after shopping and upload it to the app.

For each task you complete, you’ll earn a certain amount of points. Then, the points can be redeemed for gift cards to popular retailers, a check or cash via PayPal. Every 100 points equals $1, and Swagbucks states that users typically earn $1 to $5 per day.

Cost: Free
How you make money: Completing various app-based tasks

Pros

There are many different ways to earn rewards, including taking surveys, watching videos or shopping at eligible retailers.
Points can be redeemed for cash or turned into gift cards.

Cons

Rewards are typically quite low.
It can take up to 10 business days to receive rewards.

6. TaskRabbit: Best for local tasks

TaskRabbit could be a good option for someone looking to take on the odd job here and there to make extra cash at their own rate. The app connects service providers — called Taskers — to clients who need a helping hand in their local area. Some of the services that you can offer on TaskRabbit include furniture assembly, yard work, grocery shopping and moving help.

Signing up to become a Tasker is relatively simple — you download the app, select the services you want to offer and complete a verification process. You set your own availability and rates. There is, however, a one-time $25 registration fee for Taskers to use the app.

Cost: $25
How you make money: Completing tasks for local clients

Pros

Users can take on tasks on their schedule for a number of different categories.
You set your own rate.

Cons

There’s a $25 registration fee, though it’s only a one-time fee.
There may be fewer tasks available in less urban areas.

7. Fiverr: Best for freelancers

Fiverr is an app designed to connect a variety of entrepreneurs and businesses with freelancers. Freelancers, called sellers in the app, can offer services in hundreds of categories, such as website design, copywriting and data engineering.

To become a seller with Fiverr, you must first create an account and undergo an onboarding process, which involves watching a few instructional videos. You’ll then provide information regarding your skill set, work history and identity verification. Fiverr will review the information to determine whether you are approved to become a seller.

Once approved, sellers can create gig packages, which are three tiers of the service offered. The seller determines the price of each tier and can offer services on their own schedule. Payment is electronically dispersed to the seller as soon as the order is completed, though it takes up to two weeks to clear, unless you’re a top-rated seller. Sellers keep 80% of the payment while Fiverr takes a 20% cut.

Cost: 20% of payment per gig
How you make money: Freelance work

Pros

There are many service options for freelancers.
Fiverr holds the funds from buyers before you deliver a service, so that you don’t have to worry about buyers owing you money.

Cons

Fiverr takes a large cut of payments – 20%.
It typically takes two weeks for earnings to clear.

8. Survey Junkie: Best for taking surveys

Survey Junkie rewards you for sharing your opinions and digital activity. After you sign up with the app, it will match you with surveys that you can complete on your own time and earn points for. You can also earn points by adding the Survey Junkie Pulse extension to your browser, which shares your digital browsing activity (such as shopping activity and website engagement) with market researchers.

Points can then be redeemed for cash via PayPal or gift cards with popular retailers, as long as you have a minimum of 500 points ($5) to redeem.

Survey Junkie states that all data collected from both survey responses and digital activity are encrypted and collected directly by the researchers. Users can choose what they want to share to maintain privacy.

Cost: Free
How you make money: Taking surveys and sharing digital activity

Pros

Earning money is easy by taking surveys and sharing data.
You only need $5 worth of points to redeem them – some apps have much higher minimums to redeem earnings.

Cons

Payouts can be low for surveys.
For Survey Junkie Pulse, some users may not be comfortable sharing their digital data.

9. UrbanSitter: Best for babysitters

UrbanSitter is a platform that connects babysitters and parents in hundreds of cities across the U.S. To become a babysitter on the app, you sign up with your availability, set your own rate and complete a background check. Parents must verify their identities, too, so that both parties are safe.

The national average rate charged by babysitters on UrbanSitter for one child is $22.68, according to the site, though each sitter decides their own rate. UrbanSitter charges an annual membership fee, though it doesn’t specify the amount of the fee on its site.

Cost: Annual fee
How you make money: Babysitting

Pros

It’s easy to find local babysitting gigs.
Babysitters set their own rates and hours.
Babysitters keep 100% of their earnings.

Cons

There’s an annual fee, which the site does not specify.
Not all locations may have babysitting gigs available.

10. Rocket Money: Best for saving on bills and subscriptions

Rocket Money offers a unique way to make money: Cutting back on recurring payments. It does this by analyzing your bills and subscriptions, canceling unwanted subscriptions and negotiating to lower bills for you.

Additionally, Rocket Money comes with several other features to help users manage their personal finances. Some of these include a spending tracker, automated savings and credit score alerts.

The Rocket Money app itself is free, but if it successfully negotiates a bill for you, it takes a percentage of the savings for the first year. Users can choose for the service to charge between 30 and 60% of earnings from negotiated bills.

Cost: 30 to 60% of negotiated bill savings for the first year
How you make money: Canceling unwanted subscriptions and negotiating bills

Pros

Rocket Money can cancel subscriptions and negotiate bills for you, lowering longer-term costs and boosting savings.
A number of other savings features are included, such as a spending tracker.

Cons

The service takes a 30 to 60% cut of savings from bill negotiations.
There’s no guarantee that any bills will be lowered.

FAQs about money-making apps

Are money-making apps safe? While money-making apps are generally safe, it’s important to do research before using any app. Check reviews and ratings, read terms and conditions, ensure the app uses secure payment methods and contact the app’s customer support with any questions or concerns.
When should I use a money-making app? Money-making apps can be useful when you want to supplement your income or boost your savings. For example, they can be a lifesaver when you’re in need of quick cash due to unexpected expenses or emergencies. Or, if you have spare time during the day, completing small tasks or monetizing your hobbies is a great way to earn extra income during moments of downtime.

Bottom line

These money-making apps may be great for some, but they’re not for everyone. Look for an app that matches your skills and lifestyle before getting started.

Whether you’re a frequent online shopper or someone with lots of old clothes to sell, these apps can streamline the process of finding deals and gigs, and they can open the door for new money-making opportunities. It’s important to look at fees to determine whether the app is worth it. And make sure it’s a trusted platform so you don’t end up falling prey to any scams.

Key takeaways

There are a variety of apps available for individuals to earn money through different means, such as cash back on purchases, completing tasks and providing services.
 Many of these apps are free to use, but some may charge a subscription fee or take a percentage of earnings.
 By utilizing money-making apps, individuals can make extra cash in their spare time, and potentially even turn it into a full-time income.

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