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A passive income can significantly improve your finances with little to no input. There is a wide variety of options, from making financial investments through to turning your everyday tasks into a way to earn extra cash.

Now, there is the potential to do this using your smartphone, so you can make an income wherever you are. Here we’ll explore the best passive income apps to help you decide which ones are the best fit for your lifestyle.

Best Passive Income Apps

1. Rakuten ($10 signup bonus)

Rakuten was previously called Ebates, and it offers up to 40 percent cashback on your purchases. The platform has offers for over 2,500 stores, so you can earn cashback on your everyday spending and larger purchases.

Once you sign up, you’ll need to shop through the Rakuten portal, but your shopping experience is not affected at all. By using the Rakuten link, the platform receives an affiliate commission, which is shared with you.

Rakuten offers a welcome bonus to new members of $10, so you’ll immediately earn some cash. Once you accumulate cashback, you can receive your passive income via check or PayPal.
This is a great way to get cash for your regular shopping, but don’t be tempted to impulse buy as you could end up spending all your cashback.

Read our Rakuten Review.

2. Ibotta ($20 signup bonus)

Ibotta is another shopping app that offers cashback on your purchases, and it’s one of our favorite passive income apps. It has a smaller network of approximately 750 partner stores, but they are popular retail outlets such as Walmart, Dominos, Lowe’s, and Petco.

You can use Ibotta when you shop online or by clicking “Find Offers” on the app when you head in-store. You may find offers, suggested recipes, or even short surveys about the products you’re buying.

Once you start shopping, you’ll need to make your purchase as normal. Then to earn your cashback, you’ll need to upload a picture of your receipt. Again, this can be easily done on your phone. Just be sure to keep your receipt until the cashback has been credited to your Ibotta account.

3. Fetch Rewards

The Fetch app is designed to save you money on your grocery shopping. You don’t need to clip coupons or save flyers. All you need to do is take a picture of your receipt and upload it through the app.

You’ll receive at least five points per receipt, but receipts from grocery stores, hardware stores, wholesale clubs, or pet stores will earn you a minimum of 25 points. You’ll also earn more points when you buy participating items. When you buy an item from a qualifying brand, you’ll earn additional points based on the final price you pay.

You can find a list of the partner brands on the Discover page in the app, so you can plan your shopping to get even more points.

Once you accumulate sufficient points, you can redeem them for gift cards or sweepstake entries with the possibility to win a cash prize.

Read our comparison of Ibotta vs. Fetch Rewards.

4. Drop

Drop is a free app that also offers rewards for shopping at stores and your favorite online retailers. The Drop app has rewards for practically all your typical purchases, from your early morning coffee to a late-night food order.

All you need to do is shop through the app, and you’ll earn rewards. Each purchase through the app will earn points instantly. Once you accumulate your rewards, you can redeem them for gift cards for your favorite stores or brands.

This is a great way to get cashback on a large portion of your spending for regular shopping, food, or travel, including Netflix, Starbucks, Uber, and Amazon.

Read our Drop App Review.

5. Dosh

Dosh is another app for earning money from your everyday spending. You’ll earn cashback on each purchase you make from a list of participating stores and outlets. However, to qualify for your reward, you must make your purchase using a credit card. This will allow you to automatically receive a percentage on your spending without needing to photograph receipts or scan offers.

You’ll need to link your cards so that every purchase you make using the linked cards will earn you cashback. You can get up to 10 percent cash back for dining in or shopping at over 1000 restaurants and stores. You can transfer your cashback directly to your bank account or as a PayPal payment. 

While there are a lot of different ways to earn cashback, Dosh stands out as one of the best passive income apps.

Read our Dosh Review.

6. Pei

Like Dosh, Pei offers up to 20 percent cashback on spending with your credit or debit card. There are over 110,000 locations throughout the country where you’ll receive cashback when you make a purchase at a Pei merchant. There are no in-app purchases, coupons, or other hurdles.

You’ll need to link your credit or debit cards to the Pei app to start accumulating rewards at retailers such as Trader Joe’s Target, AMC Theaters, and other popular brands. These credit card style rewards offer a whole host of benefits, so you can get a decent loyalty bonus for shopping at your favorite stores.

7. MobileXpression

This app is truly passive, as you can install it and forget about it. MobileXpression tracks your mobile data usage to uncover patterns about consumer’s online behavior. The app does not compromise your privacy or slow down your device’s performance.

Provided you keep the app active on your devi