Last week, I had written how I received some unexpected points from Drop. After I posted that article, I had a couple of comments asking what is Drop and if I could write about it. Since the Drop App helps save me money, I am happy to tell others to help save them money as well!
Drop App Review
What is Drop?
Drop is an app that you link your credit cards too and when you use your credit card at the retailers listed you will earn points which you can redeem for gift cards.
This can be used in addition to other apps, like Dosh, and Dining Rewards as well. It’s a great way double, triple, or quadruple dip your points without doing a whole lot of work. Easy points make me very happy!
What Ways Can You Earn Points?
Drop has a few ways you can earn points for your purchases:
- Ongoing Offers
- Active Offers
- Refer a friend
- Drop Supercharge
You must link your credit cards before purchasing. If you do not, you will not earn any points for that transaction.
Just as it sounds, these are offers you can use time and time again to earn points. This does seem to depend on your location based now what I’ve seen from others.
Currently, my ongoing offers are:
- Dunkin Donuts- Earn 17 points/$1
- Target- Earn 10 points/$1
- Chiplote- Earn 15 points/$1
- Amazon- Earn 20 points/$1
- Starbucks- Earn 15 points/$1
This will stack with online shopping portals, so be sure to use those! For example, for my Amazon purchases, I use the Jetblue portal to earn 3x JetBlue points per dollar, make my purchase with my credit card, and earn 20 Drop points per dollar I spend.
While it might not seem like a lot, this had added up to quite a bit of rewards for me
Active Rewards can be in a bonus point offer like Hello Fresh where you earn 8,000 when you purchase a meal with them. Or, the offers can come as a point per dollar offer, like Sam’s Club earn 30 points per dollar.
There always seem to be “special offers” added to my account. Some of these I use, others I’ll never use.
If you are someone who uses Plastiq to pay you bills, there is an ongoing offer of 2 points per dollar when you pay using Plastiq. For every $500, you spend, you get a buck. Not a lot, but definitely something.
Refer a Friend:
When someone signs up for Drop using your link or referral code, each person will earn 1,000 Drop points ($1). It brings you closer to your first redemption, but this isn’t a large bonus.
Drop will max out you referrals to $100, so you won’t earn any more referral points when you go above 100 referrals.
If you haven’t signed up for Drop, my referral code is LSIEO. If you use it, thank you I appreciate it.
This is definitely the most fun way on this app to earn any points. Do you remember Snake on the old Nokia phones?
Drop Supercharge is pretty much Snake, but each piece the snake eats you earn Drop points. It starts off at 2 points per piece, but increases (and speed as well) as you progress.
To unlock Drop Supercharge, you need to spend on any 5 offers. This is not a one time offer either, you can keep playing this game over and over. You just need to spend on 5 offers.
You can only have 1 Supercharge at a time, so once you spend on 5 offers, play the game to reset your meter and earn more opportunities for points.
Drop has 11 one time bonuses which total 7,350 points.
These bonuses include:
- Join the Flock- Follow on Twitter, earn 10 points
- Social Loyalty- Check them out on Facebook, earn 10 points
- Facebook Official- Connect with them on Facebook, earn 50 points
- Supercharged- create your account and link a card, earn 100 points
- Double Up- Link a second card, earn 2,000 points
- Activate- Activate your first offer, earn 20 points
- First Points- Earn your first points with your linked card, earn 30 points
- Rewarded- Redeem your first reward, earn 30 points
- In the Loop- Enable Notifications, earn 50 points
- Ambassador- 5 friends sign up with your invite code, earn 5,000 points
- Email Buddies- Opt in to special offers, earn 50 points
The Value of Drop Points:
I am not a big fan when companies inflate their points, but we have to play by their rules, right?
Drop points are definitely inflated and for every 1,000 Drop points you earn, that is equivalent to $1.
Redeeming Drop Points:
You are not able to redeem your Drop points for cash, or statement credits. These points are redeemed for gift cards. I will give Drop credit, they have a pretty good gift card selection
The gift cards you can redeem for are:
- Arie- $5
- Starbucks – $5
- Dominos- $10
- AMC- $10
- Itunes- $10
- IHop- $10
- Sephora- $10
- Coffee Bean- $10
- Best Buy- $10
- Barnes and Noble- $10, $25
- Amazon- $10
- Old Navy- $10
- Dunkin Donuts- $10
- American Eagle Outfitters- $10
- Gap- $10, $25
- Nordstrom- $10
- Groupon- $15
- Whole Foods Market- $20
- Nike- $25
- Champ’s Sports- $25
- Foot Locker- $25
- Express- $25
- Applebee’s- $25
- Banana Republic- $25
- JC Penny- $25
- Hotels.com- $50
- American Airlines- $100
The closest gift card to cash on this list is Amazon. And really, who doesn’t love Amazon? Amazon allows you to redeem Amazon gift cards for third party gift cards (like Airbnb), so this is a flexible option.
To make it even better, you can take these gift cards and use them through a shopping portal. Not only will you earn gift cards, you’ll also earn miles/cash back when you use a shopping portal and redeem these gift cards.
When Drop initially dropped, I downloaded the app, but quickly deleted it. They weren’t awarding a lot of my points for legitimate transactions.
It was frustrating to see them not properly track awards and change terms after purchases were made.
Usually once I delete an app, I don’t give it a second chance. I had read that Drop had gotten their act together and the issuing of points was resolved. I decided that I would give them another chance and so far everything has worked out fine.
Although there has been a transaction or two not to post, but overall they post fairly quickly.
Everything in this game is the sums of smalls. The small sums add up over time, which help me (or anyone) travel for less. I like to use my Drop points for Amazon gift cards, which I in turn purchase Airbnb gift cards to reduce my stays.
Drop is a really nice way to stack with your other offers. You’re not going to strike it rich using Drop, but it will help you earn extra rewards. Which you can redeem to feed your travel, or even coffee addiction.
Have you used Drop? What do you think of the app?
Editorial Note - Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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