Cashback And Rewards Apps - Are They Worth It?

Cashback and rewards apps are the new rewards cards, which were the new coupons. These apps are changing the way consumers shop and save. Here are our top 7 favorites.

As kids, many of us saw our parents clipping coupons and taking advantage of sales to help save money. Even if your parents weren’t expressly focused on saving at the grocery store, their financial decisions would have helped your family thrive through the thick and thin.

Today, clipping coupons is not realistic. It’s time-consuming, and one could also argue that coupons are a waste of paper. In most cases, flyers and coupon books barely make it through the door before being thrown in the trash or recycle bin.

If ten years ago, we were obsessed with rewards cards like Air Miles, today, we see those rewards shift to the smartphone and mobile platform. Cashback and rewards apps are the new rewards cards, which were the new coupons. These apps are changing the way consumers shop and save.

 

Why you should be using cashback and reward apps?

Rewards programs are not new, but technology is reinventing them. Today’s consumers are always looking for a great deal, but we’ve gone ahead and changed the way we secure those deals.

Cashback and rewards apps make saving money fun. By making it an interactive game with points, missions, steps, and rewards, you can enjoy yourself while reaping the benefits.

But how do you capitalize on the best cashback and rewards apps? What should you focus on, what’s worth your time and how do you weed out the best deals?

Here are the top reward and cashback apps:

1.            Supermall

SUPERMALL is the pioneer of a consumption model in which merchants platforms and consumers are mutually interoperable and profitable in the future economy. Committed to integrating the elements of entertainment and social interation into e-commerce operations, through the "entertainment + e-commerce" model, more users can bring fun, share benifits, and enjoy a brand new entertainment style consumer rebate and shopping experience.

Every users are allow to rebate Rm50 in the form of website coin, since every reimbursement of RM10 will be earning 1 silver coin, Rm50 is equivalent to 5 silver coin. The maximum amount of rebate is RM 6000 (600 silver coin) by monthly RM 500 (50 silver coin). Coins are divided into silver coin and gold coin, silver coins can be used to participate in Super Box (lucky draw) and gold coins can be used to participate in Super Contract (snap-up). Gold coins can be earned through top up or joining a membership will allows user to trade 10 silver to 1 gold coin.

For the winner, 3 options are given on how can she/he redeem a prize, these options are (redeem the item, cash equivalent to prise of the prize, and exchange it to coin to win a better prize)

2.            Netizen Testing

Netizen Testing is a service that allows you to earn money through usability testing – a method used to evaluate how easy a website is to use by testing said website on a user. As a Netizen Testing tester, you earn money by testing out websites and giving verbal feedback. Netizen Testing pays in US Dollars. You earn $7 via PayPal (after 14 working days) for each task you successfully complete.

According to their FAQ, testers will spend about 20 minutes navigating a site and answering a survey that consists of up to four questions. As you navigate the site, your screen and voice will be recorded by a program provided by Netizen Testing. To get started, click Be a Tester on the home page and sign up for a free account.

Requirements:

• A PayPal account
• A computer – PC/laptop with at least 1GB RAM, 5GB free hard disc space (Mac is currently not supported)
• Broadband connection
• A headset microphone

Payment/Rewards:

• $7 per task (current exchange rate: 1 USD = MYR 4.30. Rate is updated every quarter)

 

3.            MyBump

MyBump is a crowd advertising platform that helps drivers earn while they drive. You earn money and freebies when you endorse brands on your car and social media accounts (Facebook and Instagram). Basically, all you need to do is choose a campaign, stick the campaign sticker (delivered to you) on the back of your car, and take and share a selfie on social media as proof.

MyBump operates mainly in the Klang Valley, and sometimes in Penang and Johor Bahru. It’s absolutely free and it pays you on a monthly basis via bank transfer. Sweet deal, huh?

Time to make some money while you’re stuck in traffic!

Requirements:
• A Malaysian bank account
• A valid Malaysian driver’s licence
• A car (or be covered under the car insurance policy of the car you plan to drive)
• An active Facebook or Instagram account
• Good driving record

Payment/Rewards:
• A base amount of approximately RM100 –
RM200 per month for each sticker
• Freebies (brand merchandise, gifts, discount codes, voucher, etc.)

More on MyBump here.

4.            Neway Karaoke Box – Mystery Shopper Project

Neway Karaoke Box is a popular karaoke chain in Malaysia. People go there to sing their hearts out, but rarely do they know that they can get paid to do so. Neway has an ongoing ‘Mystery Shopper’ project, which uses the mystery shopping method to assess the overall quality (food, service, staff, etc.) of each of its outlets. To sign up as a mystery shopper for Neway, you simply need to register on their website.

Selected mystery shoppers will be emailed with their assigned outlet to visit. Your job will be to act like a Neway customer, observe the outlet’s overall service and quality, and ask the outlet’s staff as many questions as possible (eg: pricing, promotions, features, etc.). You need to bring at least one other person with you when conducting your survey. Once you’re done, you need to complete and submit a feedback form within 48 hours. You also need to attach a scanned copy of your receipt as proof of your visit.

Requirement:

• You must be a Malaysian citizen aged 18 and above

Payment/Rewards:

• RM40 – RM75

5.            GoGet

GoGet is a platform where you can earn money for completing simple tasks like running errands, standing in line for tickets, transporting gifts, and so on. To be a GoGetter, you need to complete an online test, fill in an application form, and attend a training session that’s approximately 2 hours. There is a RM15 registration fee to cover the cost of training.

Once you’re a verified GoGetter, you can start looking for available jobs through the GoGet mobile app. When you see a job you like, claim it and complete it according to its instructions and requirements. You get paid either by Cash On Delivery or bank transfer. Payment via bank transfer is processed every Monday. You’ll receive your money within 3 working days.

Requirements:

• A Malaysian bank account

• A smartphone with data connection

• Good command of English

Payment/Rewards:

• Money (depends on job)

Download GoGet on iTunes and Google Play Store.

6.            Moovby

Moovby is a platform where you can rent out your car when it’s not in use. There is no registration/membership/annual fee imposed, however, you will be charged 15% out of every transaction. To register, you need to upload your Identity Card (IC), driver’s licence, utility bill/matriculation card (if you’re a student), vehicle’s grant, and your car’s road tax. Renters are also required to provide necessary documents for screening before they’re able to rent a car.

Payment is disbursed by Moovby to car owners on a weekly basis. Some things you need to consider before listing your car on this platform – car safety, insurance, and so on.

Requirements:

• A Malaysian bank account

• A car that has been registered no longer than 6 years

Payment/Rewards:

• Money (amount depends on the type of car you’re listing)

Download Moovby on iTunes and Google Play Store.

7.            Triaba

Triaba is a Norwegian paid survey site. It conducts surveys in more than 40 countries all around the world, including Malaysia. Once you sign up for your free account, you will start receiving e-mail invitations to paid surveys. You can expect to receive 1 – 7 surveys per month, depending on your profile information. Malaysian Triaba panel members are paid in US Dollars via PayPal. You can start transferring your earnings to your PayPal account once you’ve accumulated $6.25 in your Triaba account.

Requirement:
• A PayPal account

Payment/Rewards:
• USD0.25 – USD4.50 or more

In addition to the third-party apps available with no formal affiliation to specific retailers, more stores are getting savvy when it comes to attracting customers who want to save. Target and Walmart are just a few stores that have taken their coupon clipping online in the form of apps. In many cases, the deals you find on the store’s unique apps can also be combined with sales from other apps, which will help you double or triple the savings in some cases.

Summary

Whether you’re saving for a specific goal or hoping to merely reduce expenses or get rewarded for the money you are already going to be spending, cashback and rewards apps today have a plethora of features that will make saving fun.

Although the saying goes, “there’s no such thing as a free lunch,” we’re continuously learning that, in fact, technology can help us get that free lunch or movie ticket or gift card, after all.

Hope this article will helps you to more understand about cashback and rewards apps.