The Offer
The Drop app offers points on shopping purchases at top retailers Walmart, Target, various grocery stores and restaurants, and more.
- Signup for the Drop app with referral code: doctorofcredit and get a $5 bonus (5,000 points) after linking a card. The standard bonus is $1, with our referral code you’ll now get $5.
- Download the app Android link, iOS link
- Enter invite code: doctorofcredit
- Link a card; this is done by inputting your bank login, it’ll then link all cards in the login
- Choose the five retailers where you want to earn points
- You’ll see 5,000 points in your account which can be redeemed for a $5 Starbucks gift card or continue saving points to reach the $10 Amazon gift card redemption
The Fine Print
- Offer ends
September 30th, 2017Oct 15th, 9PM EST
Grandfathered Rate
If you’ve been procrastinating signing up for Drop, now is the time. Drop informed us that beginning October 10th rates ongoing-earn rates will decrease. Those who sign up now during their soft-launch period will be grandfathered into the current rates (full list here) as an appreciation for sticking with them as they learn the market.
The rate change is only for ongoing-earn offers. One-Time offers will continue and won’t decrease in value or frequency.
Our Verdict
We introduced Drop back in June. People were having a lot of problems with Drop at rollout, but now it’s working fine, probably due to the addition of the $5/wk earning limit.
Some people don’t like chasing $5 deals, and some don’t like giving their card logins for security or privacy reasons (more details here). Others find this it a nice way to earn a small bonus continuously, up to $260 per year if you max out the $5/wk. They’vel also had some nice one-time offers which are not included in this limit for places like Wealthsimple, Boxed, Plastiq and more.
Drop reached out to us with an offer to increase our referral earning (we get $1 per signup). They agreed to instead pass on a better bonus to our readers.
