How to Get Free Money from Banks and Apps

Okay, let’s be honest. Who doesn't want a little extra money? The good news is, you don’t need to win the lottery or find a hidden treasure to start earning rewards. Banks and apps are actually offering programs designed to give you cash back, discounts, and other perks for simply using them. It's not a get-rich-quick scheme, but consistently leveraging these offers can really add up over time.

Here's a breakdown of how you can start earning free money:

1. Bank Rewards Programs - They're More Than Just Savings Accounts

For years, banks were just about offering the best interest rates. Now, many are vying for your business with robust rewards programs. Here's what to look for:

Cash Back on Purchases: Many major banks (Chase, Bank of America, Capital One, etc.) offer cash back on everyday spending. Chase Ultimate Rewards, for example, lets you redeem your points for travel, gift cards, or statement credits.
Sign-Up Bonuses: New account sign-up bonuses can be substantial - sometimes hundreds of dollars! Be sure to read the fine print regarding requirements like minimum deposit amounts and maintaining the account.
Bonus Rewards Categories: Look for banks that offer higher cash back rates on specific categories you frequently spend on, like groceries, gas, or dining.

2. Loyalty Apps - You Already Use Them, They’re Paying You

You're probably already using apps like:

Rakuten (formerly Ebates): This is the go-to for earning cashback on online purchases. You get a percentage of your spending back on thousands of retailers. Install the browser extension and you’ll automatically get credit for your purchases.
Ibotta: Primarily for groceries, Ibotta offers rebates on specific items. Scan your receipts or link your store loyalty accounts to get paid.
Fetch Rewards: Another receipt scanning app that rewards you for scanning receipts from almost any store. It's incredibly easy to use.
CoinGate: CoinGate allows you to earn cryptocurrency rewards for everyday purchases.

3. Credit Card Rewards – Use it or Lose it!

Credit cards can be a powerful tool for earning rewards, but only if you use them responsibly.

Choose the Right Card: Select a card that aligns with your spending habits. If you spend a lot on travel, a travel rewards card might be best.
Pay Off Your Balance in Full: This is crucial. The interest charges will quickly negate any rewards you earn.
Redeem Strategically: Understand how to redeem your rewards – some cards offer better value for certain rewards.

4. Other Ways to Score Free Money

Check with Your Employer: Some employers offer financial wellness programs that include cash rewards for achieving financial goals.
Survey Apps: While not a huge earner, apps like Swagbucks and Survey Junkie offer small rewards for completing surveys.

Important Note: Always read the terms and conditions of any program before signing up. Understand the requirements, fees, and potential drawbacks. Earning "free" money still requires effort – it’s about smart spending and utilizing the tools available to you.