Do you want to make passive income while using your smartphone? Here are some of the best passive income apps that you need to use in order to earn extra money.
Nowadays, there are lots of passive income apps available that are allowing you to make some extra money while using your smartphone to do shopping online or invest your money. All you need to do is choose the best passive income apps that will help you to make some extra money that is 100% passive. Although, there are very few apps available that will allow you to make passive income.
Before going ahead, you need to know that passive income apps are not going to make you rich overnight. If you want to make some extra money to pay bills or savings, then you can use these passive income apps.
So, let’s see which are the best passive income apps to make money online.
12 Best Passive Income Apps That You Should Use Right Away
Fundrise is a financial technology company that operates an online investment platform. Also, Fundrise has been labeled as the first company to successfully crowdfund investment into the real estate market. Fundrise founded by Ben Miller & Dan Miller in 2010.
If you want to invest money in real estate, then you should use this platform. When it comes to investing money in real estate, people believe that you need to have millions of dollars in the bank to invest. However, with Fundrise people of any income can purchase shares from broad portfolios of real estate assets around the country. There are two main products available such as eREITS and eFunds. To start earning passive income, you need to invest as little as $500 in a starter portfolio.
Related Article: Fundrise Review: Real Estate Crowdfunding Returns, FAQs, and More
CapitalOne Shopping formerly known as Wikibuy. It is the best browser extension or app that you will find out there to look for available coupons and better prices while shopping online. Here are a few things that you will find at Capital One Shopping:
- It will automatically applies available coupon codes to your cart at checkout.
- While shopping at your favorite stores, Capital One Shopping searches for a better price.
- You will be able to earn Capital One Shopping credits while shopping online and can redeem those shopping credits for gift cards.
It is a very good app or browser extension to find the best price and available coupon codes that will help you to save money while shopping online. According to their site, in the last year alone, they have saved users over $160 million. Therefore, use this app or browser extension while shopping online.
Dosh is one of the best cash-back apps that you can use while shopping online at your favorite stores. Whenever you make purchases using Dosh, you will be rewarded with cash-back. The best thing about this cash-back app is you don’t have to submit receipts, coupons, or promo codes to get cash-back. They will automatically add cash-back to your wallet when you make a purchase.
To get started, you need to download the app and create a free account by connecting your everyday cards (Credit or Debit) to Dosh. After that, use this app to shopping online and they will automatically add cash-backs to your wallet. When you earn at least $25, you will be able to transfer your cash-back to your bank account, PayPal, Venmo, or donate it to charity.
HoneyGain is another app that you can use for making passive income. By using this app, you will be able to earn money online in just a few minutes. It will gather your web usage and traffic data from your connected devices. You can connect 10 devices to one account. They sell your web usage to eCommerce, advertising, and web-intelligence companies. For that reason, they pay you money for your information.
To get started, you need to install the app on your devices and connect them to the internet. After that, it will run in the background of your device and collect your web usage. You don’t need to do anything more. All you need to do is use the internet as you do on a daily basis.
Here are a few things that affect on your earning:
- Your location
- Network speed
- How many devices you connected
- GB amount of traffic you share
According to their site, you can earn $19/month by connecting 3 devices. Therefore, generate passive income by using this app to sell your internet usage data.
If you like to earn coins for your steps, then you should consider using this app. It will help you to earn coins (SWC) that you can spend on Cool products and services. Whenever you take steps, it will count it and reward you with coins known as “SWC”.
Here are a few things that you can get for your coins (SWC):
- High-tech shoes
- anti-gravity yoga classes
- Apple Watches and many more
Sometimes, you will be able to redeem your coins for cash via PayPal. Therefore, use this app to take steps and earn exciting rewards.
Worthy Bonds is another platform that will allow you to invest money in local businesses. According to their site, Worthy is the only platform that allows you to invest as low as $10 and earn 5% interest without having to pay any fees.
To get started, you need to become an investor for as low as $10. After that, you will be able to watch the interest grow daily. Also, you will earn a 5% fixed interest. You can cash in your bonds at any time without paying fees. Therefore, use this platform to buy bonds and earn interest. It is one of the best passive income apps that you can use for generating passive income.
Outdoorsy helps RV and camper owners to list their rigs on the site so that RV travelers can rent them.
To get started, you need to create your listing by adding photos, a description, and the location of your RV. After that, you need to keep visiting your dashboard and manage all of your booking requests. Next, you need to meet the renter, give them the rundown on your RV, and some tips for traveling.
You will get your money in your bank account within 24 hours of a returned rental. You’ll receive 80% of the total reservation cost. According to their site, you will be able to earn up to $30,000 a year. Also, your rentals are covered with $1 million liability insurance.
If you want to give your car on rent, then you should consider using Turo. It will help you to earn passive income by using your car. It is the world’s largest car-sharing marketplace. By listing your car, you will be able to earn an average of $706 per month. If your car is not more than 12 months old and doesn’t exceed $150,000 in value, then you can list your car on Turo.
You just need to spend 10 minutes to list your car on Turo. You can list trucks, sports cars, or anything in between. You don’t have to pay any signup or listing fees. After that, you have to set your price and rules or Turo will help you to set price automatically to maximize your earnings. When you find a guest book your car, you’ll confirm where and how to hand over the keys before the trip.
You will be get paid via direct deposit within three days after each trip. Depending on the vehicle protection plan you choose, you will earn 60% – 80% of the trip price. Moreover, you don’t have to worry about the car, you will be covered with up to $750,000 in liability insurance.
OnMyWay is a very good app to make passive income while driving safely. It will pay you money for driving safely without touching your phone.
To signup, you need to enter your phone number, then you’ll get a link to download the app. When you signup, you will get $10 as a welcome bonus immediately. While driving over 10 MPH and stay away from your phone, you will earn $0.05 for every mile. Also, you can use their referral program to earn $2 and $0.02 for every mile your friend drive without texting.
Moreover, you can redeem store cards, travel deals, cash cards, access free deals, and discounted offers every day.
Don’t waste your time browsing the web for free. Now, you can earn some gift cards by using the UpVoice browser extension that tracks your ads. When you let this browser extension to track your ads, it will reward you with points. After earning enough points, you can redeem your points for gift cards to eBay, Sephora, Nike, Target, and many more.
After signing up, they will invite you to install the UpVoice extension. Don’t worry, it won’t impact your browser performance. Then start browsing on the internet as you do. When you browse one or two participating sites like YouTube, Facebook, Twitter, Instagram, Amazon, and LinkedIn, you’ll receive a total of 10 points daily. According to their site, you can earn $75 or more in rewards.
MobileXpression is one of the best apps to sell your internet usage data. By doing this, you will be able to earn some money. It helps companies to understand many things such as:
- What kinds of sites & apps are the most popular
- What people searching for most of the time
- How many hours people browse the web
- How long people stay on websites
When you use their app on your smartphone, it will automatically start to capture your usage data. For that reason, they will reward you with points that can be redeemed for gift cards at your favorite stores like Amazon, Starbucks, and many more.
Moreover, there are a few exciting contests available that will help you to earn some big money. As a new member, you will be able to enter into the $100,000 sweepstakes, and every month one participant receives $100 as well as the chance to win $2,500 or $5,000. So, use this app to earn some passive income by browsing the web.
SlideJoy is one of the best passive income apps that you can use in order to earn money or free gift cards. It will pay you to watch videos and run ads on your lock screen. The best thing about this app is you don’t need to watch ads to earn rewards. You can skip each and every ad. Still, you’ll earn points for that.
When you signup with this app, you will earn 20 carats (points) instantly. You can redeem your carats for cash via PayPal or gift cards to many online retailers (1,000 Carats = $1). You can also refer your friends, link the app to your Facebook account to earn carats as well.
WrapUp: Use Your Smartphone For Passive Income
If you want to earn some passive income by using your smartphone, then you should consider using one or two of these passive income apps. One of the best things about passive income apps is you don’t have to work all day to earn money. It will help you to earn money automatically without skipping your day job.
If you want to maximize your earnings by using passive income apps, then you shouldn’t rely on one app. You need to use as much passive income apps as possible. I will firmly recommend using at least four passive income apps from this list so that you can maximize your earnings.
Hopefully, this article helped you to know about the best passive income apps. If you like this article, then share it with your friends.
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