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Online shopping can become a costly endeavor, but it certainly helps if you find an app that can help you save money or earn points towards future purchases.
That’s where Drop App comes in. Drop app is a loyalty program that allows shoppers to earn points on future purchases at no additional cost.
In this WealthRocket article, we’ll review Drop App and take a close look at what the app can do for you and your online shopping experience.
Drop is determined to help consumers gain rewards on items that they were planning on purchasing. The dynamics of how the app works are incredibly straight forward:
Download the Drop app for free from the Apple App Store or Google Play.
Provide your basic personal information and link your preferred credit cards or debit cards. No need to worry about security; Drop uses 256-bit encryption, promising to keep all private information safe.
Start earning points by shopping through the app!
Drop is one of Canada’s leading loyalty programs, offered as a lifestyle app on mobile devices. It is completely free to use and download.
Founded in Toronto, Ontario, Drop caters to a younger demographic but provides beneficial features to anyone using them. As of January 2020, Drop has over 1 million users.
Drop lets customers accumulate reward points, regardless of where they shop.
Drop’s design is easy and intuitive to use without gimmicks. To use Drop, upload your debit and credit cards and start accumulating points. It’s that simple!
Ideally, Drop customers would use the app to do their regular shopping and earn rewards with everyday retailers and collect points.
These points earn customer gift cards, ideal for saving more money on future purchases.
Drop is determined to help consumers gain rewards on items that they were planning on purchasing. The dynamics of how the app works are incredibly straight forward:
1. Download the Drop app for free from the Apple App Store or Google Play.
2. Provide your basic personal information and link your preferred credit cards or debit cards. No need to worry about security; Drop uses 256-bit encryption, promising to keep all private information safe.
3. Start earning points by shopping through the app!
Drop automatically adds Reward points to your account with each purchase, which honors the 300+ retailers partnered with the app.
There is no need to upload receipts as proof as the Drop app tracks your purchases.
The simplicity of the loyalty app does require some strategy to earn the optimal amount of points, while others are fun ways to pass the time.
Points are stored in your account and can only be redeemed for gift cards once you have a minimum of 5,000 points.
Although points are accumulated by varying cashback options, there is a universal method for exchanging gift cards: 1,000 points earns $1.
Points do not expire, giving every Drop member—regardless of shopping habits—the ability to redeem their earnings with a slew of familiar brands, such as Starbucks, Glossier, or Trader Joe’s, among many others.
Competing with everyday reward programs, Drop’s goal to encourage positive spending habits has expanded beyond daily shopping. Linking your bank details to the app allows anyone to collect double points.
On the one hand, Drop pools points towards gift cards. On the other hand, credit cards will often have associated rewards when used for any purchase made.
With online trends constantly evolving, finding different ways to keep members engaged, collecting points, and shopping online has had Drop offering some interesting options, including:
When purchasing through Drop, check out the current rates offered by each merchant. Some retailers will offer a 0.8% return, while others can have a 1.4% return.
Drop introduced a way to earn points by playing games called Arcade. Yes, actually. Select the offer, download the game, then quit the game to re-open it through Drop. Play your heart out while earning points!
Drop will grant 5,000 points for the first ten confirmed referral codes signed in to the application and added payment methods. That’s potentially fifty free dollars just for the invitations.
Filling out surveys is an easy way to snatch up some extra points. Each survey warrants a different number of points, and you can curate your interests through the app. Please note this survey option is only available for members in the United States at this time.
Offers to boost points are constantly updated in the app. Check-in frequently for new and exciting ways to pay your points. Options vary from supercharging bonuses to linked offers. All that Drop asks is that you complete a quick quiz or purchase items from a specific retailer.
Gone are the days of misplaced loyalty and lack of trust when an app appears too good to be true. Drop’s commitment to its members is how it became one of the best loyalty programs for Millenials today.
There is literally no catch. The Drop app would like nothing more for you to quit unnecessary spending. In fact, it doesn’t even keep your personal information on its servers.
The Drop app is a fantastic opportunity for frequent shoppers to earn extra savings. Let’s weigh up the pros and cons to decide whether it’s right for you.
We found no drawbacks when it came to Drop! This shopping app aims to help consumers make smart spending choices with a laissez-faire policy.
The Drop app has made sure to help its consumers, regardless of their financial situation. No more cutting up coupons for everyday shopping! Drop now helps and makes the future of savings online with a smartphone or computer that much easier.
Keep in mind that Drop has only been available for less than five years, so they are still working out tiny kinks, But, all in all, Drop is a highly recommended lifestyle app that, like all of us, gets better every day.
The Drop app is available from both the App Store for iOS and Google Play for Android.
A Chrome extension, which can be downloaded directly from the Drop website, was recently added as well.
Similar to other available cash apps, Drop must make its money by charging partnered retailers a fee for using its platform. This investment can guarantee online traffic, along with a revenue gain with no strings attached.
Drop maintains its loyalty with members by keeping its promise of free services, with no in-app purchases.
It also brings attention to merchants, helping them gain access to the most efficient digital marketing platform by targeting the right demographic.
Yes! Drop does not hold on to any personal information within its servers.
When it comes to linking online banking information, not only does Drop use two-step authentication, it also works with API providers, Plaid and Finicity, to ensure client data is safe and secure.
In fact, the customer service department cannot even gain access to your banking information, even if you wanted them to.
