18 Best Free Money Apps

Maybe you’ve heard the buzz about a new way to boost your finances: Free Money Apps. These innovative tools are changing the game when it comes to managing your money and even earning a little extra on the side. Imagine having access to opportunities that reward you for everyday activities. 

From cashback on purchases to investing spare change, these apps offer a smart approach to enhancing your financial health. 

Let’s dive into the world of Free Money Apps and uncover the secrets to making the most of them.

Are There Apps That Give Free Money?

Some apps offer free money in various ways. These apps have transformed the traditional notion of personal finance by presenting innovative avenues for earnings. You can accumulate funds effortlessly through cashback rewards, referral bonuses, and even micro-investing.

Companies have recognized the potential of these apps to engage users while providing value. However, it’s essential to approach them with a discerning eye – ensure they’re from reputable sources and have transparent terms. While they won’t make you rich overnight, these apps can add up over time, contributing positively to your financial journey. 

So, exploring these apps could be worthwhile, whether you’re saving up, investing, or just looking for a little extra.

Read: Earning Money Apps

How Free Money Apps Work

Curious about how free money apps work? They leverage a combination of strategies to provide you with financial benefits. Through cashback offers, they partner with retailers to give you a percentage of your purchase back. Referral programs encourage you to invite friends, rewarding you and them with bonuses. 

Some apps round up your everyday transactions to invest the spare change, potentially growing your wealth over time. Advertising and market research partnerships also contribute to app earnings, part of which they share with users. 

Before diving in, understanding the app’s revenue model and privacy policies is essential. While they won’t replace your primary income source, free money apps offer accessible ways to enhance your financial situation, one small step at a time.

Are Free Money Apps Legit?

The legitimacy of free money apps varies, and a prudent approach is essential. Legitimate apps operate transparently and abide by regulations and user privacy norms. These apps sustain themselves through clear revenue models—disclosing sources like referral commissions, advertisements, or transaction fees. 

User reviews and ratings in app stores also offer insights into their credibility, as positive feedback and high downloads suggest trustworthiness. 

Furthermore, legitimate apps prioritize user data protection, detailing their practices in privacy policies. They provide contact details, reliable customer support, and secure payment gateways.

Steer clear of apps with unrealistic promises, excessive data requests, or ambiguous business structures. While some free money apps hold to their offerings, cautious evaluation remains crucial.

Best Free Money Apps

Here are the top free money apps for you:

Ibotta

Ibotta is a top-notch cashback app that offers real savings on everyday purchases. Users can scan receipts and link loyalty accounts to earn cashback rewards. With a wide range of partner stores and brands, Ibotta helps users recoup a portion of their spending effortlessly, making it one of the best free money apps.

Acorns

Acorns take spare change to the next level by increasing your purchases to invest in diversified portfolios. This micro-investing app helps you grow your money gradually and passively, making it an excellent option for those new to investing or seeking a hands-off approach.

Swagbucks

Swagbucks rewards users for completing online activities like surveys, watching videos, and shopping through their platform. By accumulating points (Swagbucks), users can redeem gift cards or cash via PayPal, offering an easy way to earn small amounts while engaging in various online tasks.

Rakuten (formerly Ebates)

Rakuten offers cashback on online shopping, making it a go-to app for anyone who loves to shop online. Users can access deals and discounts from various retailers through the app, allowing them to earn back a percentage of their purchase amount.

Dosh

Dosh is a cashback app that links directly to your credit or debit card. It automatically gives you cashback when you make purchases with linked cards at partner merchants, eliminating the need to scan receipts. This seamless process makes Dosh a hassle-free way to earn money on purchases.

Honey

Honey is a browser extension that helps you find the best deals, coupons, and discounts while shopping online. It applies applicable codes automatically at checkout, ensuring you save money effortlessly. Although it doesn’t directly provide cashback, the savings it generates make it a valuable addition to your money-saving arsenal.

Also, read: Best Ways to Save Money and Earn Interest

Robinhood

Robinhood revolutionized the investment landscape by offering commission-free stock trading. While it involves investing rather than immediate cash rewards, it’s user-friendly interface and accessible approach to trading make it an excellent choice for those interested in exploring the stock market.

Drop

Drop is a rewards app that provides points for linking your debit or credit cards and making purchases at partner merchants. The app’s simplicity and variety of partner brands make it a convenient way to accumulate points, which can be redeemed for gift cards, including popular retailers like Amazon and Starbucks.

Slidejoy

Slidejoy is a lock screen app that pays you for using your smartphone. By displaying ads or news articles on your lock screen, Slidejoy rewards you with points that can be converted into cash or gift cards. It’s an innovative approach to turning a routine activity into a source of passive income.

Trim

Trim is a financial app that helps you save money by analyzing your spending patterns and identifying opportunities for cost-cutting. It can negotiate bills, cancel subscriptions, and even find better deals for your utilities, ensuring you’re not overspending on essential services.

Shopkick

Shopkick offers rewards for both online and in-store shopping. By simply walking into partner stores, scanning products, or making purchases, you can earn “kicks” redeemed for gift cards or PayPal cash. This app gamifies shopping, making it enjoyable and financially rewarding.

Sweatcoin

Sweatcoin is a unique app that converts your outdoor steps into digital currency. While it might not provide direct cash, it offers a creative way to earn rewards by motivating you to stay active and healthy. The accumulated “sweatcoins” can be used to purchase various products or services within the app.

Slidejoy

Slidejoy is a lock screen app that pays you for using your smartphone. By displaying ads or news articles on your lock screen, Slidejoy rewards you with points that can be converted into cash or gift cards. It’s an innovative approach to turning a routine activity into a source of passive income.

Mobee

Mobee combines mystery shopping with rewards. Users complete missions like visiting stores and answering questions about their experience. In return, they receive points that can be redeemed for gift cards. This app offers an interactive and engaging way to earn rewards while providing valuable feedback to businesses.

Qmee

Qmee is a browser extension that rewards you for searching the web, taking surveys, and shopping online. The app displays relevant ads alongside search results and offers cash rewards for clicking on them. It’s a simple way to earn some extra cash during your online activities.

Pei

Pei is a cashback app that links to your debit or credit cards and automatically gives you cashback rewards for purchases made at partner merchants. What sets Pei apart is its hands-free approach, making it effortless to earn cashback on your everyday spending.

Long Game

Long Game combines gamification with savings. It’s a mobile savings account that offers the chance to win cash prizes through games and challenges. The more you save, the more chances you have to win, making saving money more exciting and rewarding.

MyPoints

MyPoints is a versatile rewards platform that allows you to earn points by shopping online, taking surveys, watching videos, and more. These points can be redeemed for gift cards or PayPal cash. The app’s variety of earning opportunities makes it valuable to your money-making toolkit.

Conclusion

These innovative free money apps have emerged as versatile tools for boosting income, savings, and investments. Embrace their potential wisely, aligning them with your financial goals and values.