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The 5 Best Money-Making Apps of 2020
- Ebates: Best for Bargain Shoppers
- Shopkick: Runner-Up, Best for Bargain Shoppers
- ibotta: Best for Automatic Payment
- Foap: Best for Photographers/Videographers
- Google Opinion Rewards: Best for Surveys
- iPoll: Runner-Up, Best Survey App
- Acorns: Best for Investors
- Slidejoy: Best for Passive Earning
- Sweatcoin: Best for Fitness Buffs
Best for Bargain Shoppers: Ebates
Also a great browser extension for those on a desktop computer, Ebates has a solid money making app, as well. With this tool, you can use in-store coupons, scan items as you go to compare prices, and perhaps its most well-known feature – earn cash back on certain purchases from certain retailers.
Here’s how it works: Once you download and start using the app, you’ll earn a set percentage of cash back when you shop with Ebates’ list of 2,500-plus eligible retailers. While cash back is usually between one to two percent, we’ve earned as much as 10 percent. You’ll also get access to in-store coupons and other perks. Ebates even compares coupons for you, so you can be sure you’re getting the very best deal.
Another plus of this app? Once you sign up and start using it, you’ll automatically get paid every three months, as long as you’ve earned at least $5.01. Ebates is an industry staple in the world of money-making apps. Founded in 1999, it’s doled out more than $1 billion in cash back to its customers.
Runner-Up, Best for Bargain Shoppers: Shopkick
If you love to shop, and frequently find yourself at your favorite retail destination browsing the aisles, then Shopkick is a great money-making tool. Though to be fair, Shopkick pays solely via gift cards, so keep that in mind.
Making money with Shopkick is easy. You download the app, then engage in one of eight activities: walk into the store, no purchase necessary (yes, it’s just that easy), scan barcodes of select products (again, you don’t have to buy anything), purchase items at an eligible store with your Shopkick-linked card, purchase items and submit your receipt, visit online stores or view online products (no purchase necessary), make an online purchase with a Shopkick partner, or watch in-app videos.
While you aren’t paid in actual cash with this app, you don’t always have to make a purchase to earn, which is a nice perk.
Best for Automatic Payment: ibotta
ibotta is another great cash-back app, and you have three options to make money using it: Upload your receipt to the app when you purchase eligible items; link a store loyalty card before you shop to get access to special offers; or make purchases at eligible stores via the ibotta app.
With ibotta, you’ll have to complete tasks within the app to get access to its money-saving tools, which can be a drawback, depending on how much free time you have. You’ll also have to manually upload receipts, and there are only about 300 eligible retailers. However, you can get cash deposited directly into your ibotta account, which you can then withdraw. No waiting on checks via snail mail or trying to navigate cryptocurrency.
Best for Photographers/Videographers: Foap
Great for aspiring photographers and videographers, Foap is a money making app that makes it simple to sell your photos and videos. Simply download the app, then upload your photos and videos to your online portfolio.
If your work is purchased by an agency, brand, or other user on Foap, then you’ll get paid – but you’ll share the profits with Foap 50/50. So, if Foap sells a photo for $10, you’ll make $5. But one photo can sell more than once, which is a nice plus. You can also submit photos to a specific project (Foap calls them Missions) for the chance to be paid hundreds for your photo.
Best for Surveys: Google Opinion Rewards
Opinionated readers, this one’s for you. Backed by the world’s most popular search engine, Google Opinion Rewards is a definite must-download for those looking to profit from their smartphone addiction – and get paid for being opinionated.
Here’s how it works: Download the surveys app and complete short surveys on everything from hotels to TV shows to merchants whenever you have a free moment. Think in line at the bank, waiting for the bus, even in the bathroom. You’ll be paid with Google Play credits or via Paypal for each survey you complete. Pay ranges from $0.10 to $1 per survey.
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