10 Best Money Making Apps For Fast Cash in 2020

Did you know that there are many simple ways to earn money online directly from your smartphone? The applications to generate money help you to achieve it.
The average smartphone user spends 4 hours and 30 minutes on their device every day.
While you could spend this time browsing social media and news sites, you could make some of your time back and earn some money.
After doing extensive research, I ranked and reviewed the best money making apps to make money fast this year.

These rankings cover different types of money making apps:

• iPhone apps where you perform simple tasks for free money.
• Money-saving apps that help you save money.
• Personal finance apps for automated investing and passive income.
• New apps to earn cashback on everyday purchases.

1. Swagbucks.

Swagbucks helps you make quick money while you shop online, browse the web and watch videos. You can also participate in online surveys, surveys or just play online games to make more money. You can redeem rewards in the form of specific merchandise, gift cards or cash.

Here are the ways to earn gift cards with Swagbucks:

• Shop online at online retailers like Amazon, Walmart, Target, and Starbucks.
• Take surveys and win gift certificates.
• Watch videos.
• Earn points and gift certificates with exclusive offers and promotions.
• Browse with Yahoo! Swagbucks improved search engine.
• Play and buy in the game.

Swagbucks operates in the United States, India, Canada, Australia, France, Germany, Spain, Portugal and the United Kingdom (Great Britain, Ireland, Australia, New Zealand). Plus, you can sign up for Swagbucks for free via Facebook or your personal email. You can also earn through referrals and get extra points.

Key Features:

Gold Surveys: Gold Surveys reflects the time it takes to complete a survey and the points you can earn from it.
Daily Survey – You can take a survey regularly to earn 1 Swagbucks point per day.
Cash Up Front: Swagbucks allows you to transfer as little as $ 3. This means you don’t have to wait long to get paid.

Pros:

• Offer gift cards for Amazon, Freecharge, Walmart, Expedia, PayPal, and more.
• For every 20 minutes of video, you can earn approximately 2 Swagbucks points.
• It also offers featured stores and Groupon buy offers

Pricing:
It’s free to sign up and you get a $10 bonus.

2. Acorns.

Acorns is a micro-investment platform that helps you invest the change that you have left over from your daily purchases. Create your account in minutes and develop your diversified portfolio by investing in stocks or bonds. You can invest up to $ 1.

With Acorns, you can invest in:

• Exchange-traded funds
• Asset classes
• Over 7000 stocks & bonds of top companies

Don’t worry about safety either. To keep your money safe, it provides bank-level security, 256-bit encryption, and two-factor authentication. It also helps you understand the nuances of investing through its detailed articles and videos.

Key Features:

Acorns Later-Helps you automate your investments and build a healthy retirement corpus in minutes.
Advisory- Acorn’s support team has trained consultants to help you achieve your financial goals by investing in the right funds.

Pros:

• It provides bank-level security.
• Earn cashback at some specific retailers.
• It allows you to make bonus investments by shopping with over 350 brands.
• You can register by investing as low as $1 per month.

Pricing:

Acorns has three pricing options:

• Lite: $ 1 per month. The Lite plan only includes an investment account.
• Personal: $ 3 per month. The personal plan comes with an investment account, a retirement account, and a checking account.
• Family: $ 5 per month. The family plan includes an investment account, a retirement account, a checking account, and an advance investment account for children.

3. Survey Junkie.

Survey Junkie allows you to influence brands by sharing your opinion and earning extra money. It helps you conduct surveys based on your profile and rewards you with virtual points. You can then redeem your virtual points for eGift cards or transfer them to PayPal.

Survey Junkie’s single reward point is equal to one penny. So 100 points become one dollar. The best part is that you can transfer your money directly to your bank account. Or you can receive withdrawals through PayPal, Amazon gift cards, and more.

Key Features:

Extensive Gift Cards –It offers gift cards from various brands, including Amazon, Sephora, iTunes, Starbucks, Walmart, Target, and Groupon.
Quick Estimate – You can check how long a survey takes to complete and how many points you can earn.

Pros:

• You can see all available surveys in one dashboard.
• The user interface is easy to use.
• Responses will be completely anonymous.

4. Wikibuy.

Wikibuy allows you to buy from websites and stores at the cheapest rates. After installing it in your browser, its database connects you with the e-commerce stores that offer the best discounts and offers on your purchase.

Wikibuy’s intuitive mobile app lets you scan barcodes and find stores that offer the same product for a lower price. It also automatically adds coupon codes and provides credits for your purchases on sites like Walmart and eBay.
Apart from that, you can also earn rewards by shopping at partner merchants and sellers

Key Features:

Browser Add-On – The Wikibuy browser plugin automatically scans thousands of websites to offer the best deals and prices.
Mobile App – It also offers iOS and Android mobile apps to help you scan barcodes, find the best deals, and shop on the go.

Pros:

• Tells you about resellers who can help you earn additional rewards.
• While shopping online, Wikibuy notifies you if the same product is available at a lower price on another website.
• Wikibuy also discovers the best promo code to save extra money during checkout.

5. Airbnb.

Airbnb provides you with the platform to rent out your room, apartment or any other empty property to make money instantly. The accommodation aggregator allows you to publish your property on your website and reach billions of people around the world.

Since Airbnb is a very popular platform, you don’t have to worry about marketing or promotion. From marketing to booking security, Airbnb does it all for you. You can easily get a reservation and earn money from your vacant property.

To protect your home and belongings, Airbnb covers every booking with $ 1 million in property damage protection and $ 1 million in accident insurance.

Airbnb also allows you to share your experiences and take people on local tours. You can also earn extra money by offering additional services such as meals, transportation, and cultural activities.

 Key Features:

Online Experiences – It can help people take a virtual tour of local sights, dining experience, and culture.
Control Hosting Days – Unlike hotels, you can control your hosting days. You can disable reservations in your app for days you don’t want to host.

Pros:

• Get access to billions of visitors through this global platform.
• You can set your own prices to get the real value of your property.
• Airbnb releases the reservation amount 24 hours before the arrival of the guests.
• It also provides pricing advice to attract more bookings.

6. M1 Finance.

M1 Finance provides a variety of financial tools to help you manage your expenses, investments and loans. It also helps you manage and rebalance your portfolio. Plus, its smart automation gives you the best tools to invest in and the cheapest options for borrowing money.

With just $ 10,000 of investment, you can open a line of credit where you can borrow up to 2%.

It also allows you to earn 1% for every dollar you spend. M1 Finance also offers an APY that is 25 times higher than the national average. It helps you earn the same amount in 2 weeks that you would otherwise earn after a year at a big bank.

Key Features:

Afternoon Trade Window – Once you have more than $ 25,000 in your investment portfolio, you can invest both in the morning and in the afternoon.
No Investment Commission – It offers services without management fees or investment fees.

Pros:

• Pay your loans on your schedule.
• Automatically transfers available funds to your bank account.
• It allows you to borrow money at very low base rates.
• Get an attractive refund on specific debit card purchases.

7. Turo.

Turo is an American peer-to-peer car exchange company that allows you to rent your sports car, truck, or whatever. Turo can earn you some extra money if your car spends more time in the garage than it does on the roads. You can enter your car in the Turo app and rent it to Turo users.

You can use your “calculator” to determine your monthly income potential when renting your car. The site claims that you can earn an average of $ 706 per month.

Turo is available in 5,500 cities in Canada, the US and the UK. To help you feel safe with your car, it offers protection against theft and physical damage on your contract. Plus, it also covers $ 750,000 in liability insurance.

Key Features:

Two-way Reviews –Turo displays guest and host reviews. Helps you select suitable guests for your car.
Set Your Price – Turo allows you to set the daily price of your car. To attract more bookings, you can also allow Turo to set the most suitable price.

Pros:

• It allows you to earn up to 85 percent of the travel price.
• No listing fees or registration fees.
• It offers customer support and roadside assistance 24 hours a day, 7 days a week.
• You can also write a review for your guests.
• All guests are properly selected and verified.

8. Robinhood.

Robinhood is a commission-free investment platform that helps you invest in stocks, ETFs, and cryptocurrency trading. It offers you free action after registration and links your bank details to help you build your wallet. With Robinhood, you can partially own top-class stocks like Google and Microsoft. Suppose that even if you have $ 10, you can partially invest in Google and own a portion of its shares.

Robinhood is also a great option if you want to take advantage of the crypto market. You can buy and sell Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies.
You can run cryptocurrency trades in minimal quantities. Plus, it offers a user-friendly experience to help you easily trade stocks.

Key Features:

• Instant Cash –You can get instant access to money redeemed for your sales.
• Trade in Real-Time – MyPoints helps you earn reward points for online and in-store purchases, dining out and participating in paid surveys. Other options for earning extra cash include watching movies, reading emails, playing games, etc.

Pros

• Partially investing in more than 7,000 stocks and mutual funds.
• Open your account with a zero balance.
• It offers its Gold service for free for 30 days.

9. MyPoints.

Once you have accumulated enough points, you can redeem them in the form of gift cards or even cash. You can easily redeem the rewards earned by MyPoints with its over 70 partner brands. You can also redeem points via Amazon and Visa gift cards.

You can sign up for MyPoints in a few simple steps. However, the website is only available in the United States and Canada.

Key Features:

Joining Bonus – MyPoints offers a $ 10 sign-up bonus. And you can create an account for free.
PayPal Transfer – You can transfer the points earned to your PayPal account. Approximately 3,970 points represent a PayPal payment of $ 25.

Pros:

• You can also use your MyPoints as travel miles via your United Mileage Plus account.
• Earn lots of reward points by shopping in your featured shop.
• Also apply the best coupon code at checkout to help you earn more.

10. Earny.

Earny works as a personal assistant to help you get automatic refunds when product prices drop. It offers a Chrome extension to make sure you never miss out on the best deals and the right coupon codes.

Put your items on the watchlist and buy them when their prices drop. You can also earn money by sharing links with your friends who shop online frequently

Key Features:

Hotel Deals – With over 5,000 partners, Earny also offers access to the best hotel deals and promotions around the world.
Referral Program – Get extra money by sending Earny to other users.

Pros:

• Get your money back when your package is not delivered on time through Amazon Late Shipping.
• Use the ShopRunner subscription to receive shipments and returns within 2 days.
• Offers a free version that tracks your purchases.
• Earny features two-factor authentication and data masking for added security.