Drop App Review – Earn Cash Rewards For Shopping – Earn Gift Cards
Drop, an easy-to-use app, lets you earn gift cards for the money you are already spending. Here is my Drop app review.
Drop is an easy-to-use and intuitive app that lets you earn gift cards for the money you’re already spending. Derrick Fung, the CEO of Drop, created the app after he started to understand the spending habits of younger generations–like Millennials and Gen Zs.
He found that this demographic was spending more money on”extras” like gourmet coffee, organic meals, and Uber rides to their everyday destinations. He also discovered that they are less likely to be brand-loyal if it meant saving money in some manner.
Therefore, Drop was born. The app doesn’t care that card you use, and it pits merchants against one another to supply you with the very best offers. I will cover this in more detail at the review below, but let’s first dig into why this app makes so much sense.
Contents
Drop App Review – Let’s first winner out to some data
Remember the time when you had a bunch of devotion cards stuffed in your pocket or hanging from your keychain? These days are gone and what’s digital now. But that doesn’t mean we are loyal to the businesses we usually shop with.
Research done by the International Council of Shopping Center (ICSC) revealed that 74% of Millennials go to another retailer if they had a bad customer experience.
What’s more, American Express discovered that this same group would spend around 21 percent more money with companies that provided an excellent customer experience. And SmarterHQ found that only 6.5% of Millennials considered themselves brand-loyal.
But we still want rewards.
One survey indicates that 63% of Gen Z are active in a minimum of one loyalty program (this amount jumps to 71 percent with Millennials), while nearly 40 percent of those want to play a sport to earn reward points. The poll also showed that 75 percent of the group (Gen Z and Millennials) would be willing to share their personal information in exchange for a more personalized experience.
Why Drop makes so much sense for these generations, and how it works
Hence the information supports the fact that younger people want to earn rewards, want a personalized experience (and are eager to present their advice for this ), and they’re very open to trying new brands and businesses.
Drop hits each one of these points on the mind. Let’s take a look at how it functions.
1. Download the Drop app
This is pretty straightforward. You can download the app from iTunes or Google Play, or visit the Drop site and enter your contact number.
Sign up and link a card
2. Sign up and link a card
Once you’ve downloaded the app, start it up, and create a profile by entering some basic details. Then you’ll be prompted to join a credit or debit card.
Drop operates by lining up purchases you make in your card with supplies you have connected to about the Drop app. It is a gorgeous thing because you don’t have to be concerned about rewards cards or even logging in anywhere. You simply connect your card and go about your business whilst Drop earns you points in your background.
3. Select your favorite brands
After you’ve connected a card, you will be prompted to select five of your favorite brands. These are usually more notable brands, like Wal-Mart, Starbucks, Trader Joe’s,
Uber, Target, and other places that people have a tendency to spend a lot of money.
The main thing to note here is you cannot change these once you select them, so select wisely. I suggest picking brands or businesses that you store with the maximum.
Keep in mind, you are going to get new offers all the time, but they may not be for places you shop frequently. So take this opportunity to choose your favorites.
4. Choose a Couple of bonus offers (if you want to)
Since you’ve linked your card and picked up your top five brands, you’ll be prompted to register for a few bonus offers. This may be anything from a one time offer to earn a lump sum of points by purchasing with a certain retailer to sharing a link with your friends to sign up for Drop. You will get these kinds of offers regularly so don’t be worried if you opt to pass them on now.
The drop has a part of this app known as”Bonuses” where it is possible to finish tasks to earn extra points. These are things like linking a second card, getting a friend to sign up using your referral code, or completing a specific number of purchases. It is kind of like a badge system to keep you engaged in utilizing the app.
5. Start earning points
By now you’ve already obtained some initial points by simply enrolling, linking a card, and choosing some brands (they like to make you excited when you register ). Now all you’ve got to do is a shop with your linked card in the brands you have designated and the points will pop to your account.
6. Start spending points
As soon as you’ve earned 5,000 points at a minimum, you can start exchanging them for gift cards at various retailers. The market rate is constant across the board–5,000 points gets you a $5.00 gift card. You can exchange points in multiples of 5,000. Therefore, by way of instance, you may spend 40,000 points for a $40 Amazon gift card.
This might look like a lot, but as you’ll see in my experience under, you can find sweet deals that provide you an absurd number of points for things you were going to buy anyway. And remember, the objective isn’t to invest a bunch of money to earn money back–that’s crazy. The target is to link your card and go about your daily routine then reap the rewards of doing nothing else with your spending.
Learn more about Drop or download the app here.
My personal experience using Drop
Before writing this Drop app review, I thought it would be a fantastic idea to download the app and test it for myself. I can honestly say I love the app.
After I registered, I picked the following five brands (along with the corresponding supplies they gave me):
- Wal-Mart (2 points per $1 invested )
- Dunkin Donuts (14 points per $1 invested )
- Target (8 points per $1 invested )
- Starbucks (12 points per $1 spent)
This probably gives you a sense of the type of person I am. Food and coffee are vital to me. After that, I had been asked to link to Facebook and share the app with a couple of friends. I politely declined.
I did this all while in line at a Starbucks, even if you can consider that. So I was eager to see what could happen when I used my card for the first time. I pulled up to the window, given the wonderful woman my credit card, got my coffee, and took my card back. Immediately after leaving the line, I opened up my Drop app and…nothing.
I don’t know why I was anticipating some explosion of fireworks on my phone, but I had been. In a more anti-climatic manner, a notification popped up in my phone the next day telling me points were earned. Hurray.
It ends up I hit up Target and Starbucks more than I need to, because the points stored coming in. Waiting for the initial 5,000 points is fun–it does keep you engaged with using the app.
My Big Reward
Then my big moment arrived. A 20,000 point, one-time purchase offer from the online bulk superstore Boxed.
This is the point where the whole brand-loyalty item comes in to play. Never had I considered using Boxed. I knew it existed but consistently preferred to go to my local Costco for items like paper towels, toilet paper, and diapers for the toddler. But I saw that 20,000 bonus staring directly at me, so I chose to purchase all of these items through Boxed. They now had a new client, and that I was (or so I thought) well on my way to $20 in gift cards.
That is where I’ve been experiencing an issue. Just over three months have passed since I placed my order at Boxed.com and Drop has finally deposited the points right into my account. After I stopped worrying about it, I forgot that I was even waiting, so it was a nice surprise to receive 20,000 points (aka $20 in gift cards) deposited. I think that the lesson here is really for big bonuses, expect to wait a couple of weeks, whereas it is possible to expect regular supply points to show up inside a day or 2.
Drop likes to maintain these big bonuses pending for a couple of weeks (undetermined), so you as the consumer have enough time to make returns or exchanges.
They do not want to shell out points in case you’re going to get your money back from the merchant. This isn’t a deal-breaker for me. But it is a bit frustrating to wait upwards of a month to receive my points in some cases.
Conclusion Drop app Review —is Drop worth it?
The short answer is yes. When Drop initially launched back in early 2017, they had some substantial issues with their customer experience. Customers were complaining about how points were allocated and how they can use them. Luckily they have worked out the majority of the problems, and the app is a cinch to use.
My only gripes so far are the pending points and absence of responsive customer service. Being that it does not cost anything, though (and there are no advertisements ), I guess I could live with it.
After I stopped worrying about it, I forgot that I was even waiting, therefore it was a pleasant surprise to receive 20,000 points (aka $20 in gift cards) deposited.
I think that the lesson here is really for big bonuses, expect to wait for a couple of weeks, whereas you can expect regular supply points to appear inside a day or two.