Posted by Chuck on August 3, 2018
Portals

Published on August 3rd, 2018 | by Chuck

156

Spent App: Link a Card and Earn 1% Cashback on Purchases at Top Retailers

February 1, 2019: Removed Shell, Costco, 7-11, Uber, Spotify, Kroger, and Home Depot.

October 16, 2018: Removed Lucky’s.

October 9, 2018: Added Lucky’s.

August 3, 2018: They’ve added Home Depot, ExxonMobil, Chevron, and Chik-fil-A which you can enable in your app. (Note: Spent and Dosh are mutually exclusive.)

July 24th, 2018: They have added Kroger & Shell as well. Hat tip to reader Tym B. Sign up bonus is no longer available sadly.

July 2018: Updated the post; added Costco; removed Amazon; added discounted gift card purchase option.

March 15, 2018: Reposting as they added new merchants including 7-Eleven, Whole Foods & iTunes.

Spent App Review

iOS  |  Android

The Spent app helps manage your finances as well as earn cashback on purchases and travel. Here are the key features:

  • $10 signup bonus – more on that below
  • 1% back at top retailers – more on that below
  • Card-link rewards at local merchants – the app offers cash back rewards at many local stores, mostly restaurants and then some other stores, similar to many other card link rewards program. They run on the Empyr system, along with MOGL, Swagbucks, Yelp, Dosh, and coupons.com. I haven’t done a comparison to see who has the best rates.
  • Discounted on gift cards – they offer cashback offers on various gift cards.
  • Shopping portal – doesn’t looks like their rates are anything special when comparing against other shopping portals.
  • Save on travel – save up to 25% when you book travel through the app. Travel booking is not my thing and I won’t attempt to dissect whether there are good deals to be had there. Feel free to put a mini review in the comments if this is useful and I’ll add it in.
  • Spent for Business – this is a service which helps automate a company’s expense report creation and approval process. It has a free level and a paid level. (In my opinion, this part of Spent should be spun off as a separate business from the rest.)

1% Back at Top Retailers

Earn 1% cash back at top retailers by linking your credit or debit card. You have to activate each merchant separately in order to get rewards. Note: you have to enable each retailer separately (check the ‘Recommended tab).

  • Costco
  • Whole Foods
  • Walgreen’s (not Duane Reade)
  • 7-Eleven
  • Uber
  • Starbucks
  • Netflix
  • Spotify
  • McDonald’s
  • iTunes
  • Kroger (possibly other Kroger family stores)
  • Shell
  • Home Depot
  • ExxonMobil
  • Chevron
  • Chik-fil-A

1% back on your $9 Netflix bill will just amount to $.09, but 1% at places like Costco and Whole Foods can turn into some decent savings over time.

Note: the fine print states: “A single cashback transaction is limited to a maximum of $250.” Spent support tells me that the $250 limit is actually in cashback earned, so you can get 1% back on a purchase of up to $25k. Update: Seems there’s a new $100 monthly limit on card-link earnings.

As noted, Spent runs primarily on Empyr, and it can’t stack with other Empyr card-link programs. By enrolling a card in spent, it’ll unlink the card from other Empyr users.

Discounted Gift Cards

Spent has also added an option to buy various gift cards at a discount. Currently, there’s an offer of 5.25% cashback on Kohl’s gift cards, 5.75% Staples, 6% Bed Bath & Beyond, 2% Airbnb, 1% Safeway, 9.5% Nike, 6.75% Gamestop, and bunch more options.

Payment is with a credit card; let us know if you find any interesting bonus category rewards from Spent. They also allow you to use up your Spent balance, useful if you have less than the $20 redemption threshold there.

We’ve added Spent to our Complete List of Methods to Buy Gift Cards with Discounts and Bonus Rewards.

Signup & Referral Bonus

[Update: the $10 signup offer may no longer be available.]

Spent offers a $10 signup bonus for making your first cashback purchase. Spent support tells me that only shopping/travel purchases count to trigger the $10 bonus, but I got the bonus for card-link purchases.

Cashback can be redeemed via Paypal. Note: you need a minimum of $20 to be able to cash out. 

There’s also a $5 referral bonus for the referring member. New member earns the same $10 regardless, this just an added bonus for the referrer if you signup with a referral link instead of signing up directly. Appreciate if you use my Spent referral link.

Privacy and Security

There are lots of card-link rewards program which require entering your credit or debit card number to receive rewards for purchases at select merchants. Typically, they only require inputting the card number. However, Spent requires both the card number AND the login details. The second part will make a lot of people more uncomfortable, especially if they have a bank account there with real money. Spent says it’s all secure (yada yada), and it probably is, but these things always make me a bit nervous, especially when giving in a bank login. Do what you’re comfortable with.

Final Thoughts

My initial reaction when signing up with Spent was ‘yay, finally someone who let’s me use a computer’ (I do as little on my phone as possible). In the end, that was only partially true: you can signup, use the shopping portal, and book travel on a computer, but the card-link program requires the app.

The most interesting part to me is the ongoing 1% back at select retailers. At launch, they had Amazon and Staples which were obviously huge. Now, probably Costco, Whole Foods, Walgreen’s, and Uber are of the most interest to a lot of people.

Hat tip to reader Kasey



156
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
RP
RP

can you link this with drop?

Brian C
Brian C

Looks sweet. Hopefully it stacks with Drop.

Any referral options?

Kasey

Not yet, I chatted with a CSR yesterday and they plan on rolling that out “soon.”

Jay
Jay

An extra 1% on Staples would be huge for MSing. Too bad about the $250 transaction limit.

Eyup
Eyup

That $250 limit is what you can get as a cashback from one transaction. Meaning the transaction limit is $2500×100= $25000

Judy Jones
Judy Jones

So if I am enrolled in DOSH and Swagbucks, it is just the individual card that can’t be on both programs correct? Not that it cancels the other program account entirely?

SF
SF

Yeah, AFAIK you just can’t have a single card linked at multiple Empyr-based companies – I have mine all on DOSH rn so I’m not sure if I should link to this one.

Chucks
Chucks

Wow, another 1% on Amazon is pretty huge for me, given I buy nearly everything that isn’t some very bulky grocery item there. If this stacks with Drop I’ll be hitting about 8% back+ 3x Jetblue points on my purchases.

Ray
Ray

how are you getting 8%? i usually get an Amazon GC for 5x from Staples using Chase Ink + 3x Jetblue…but where are you getting 8%?

Chucks
Chucks

So 5% from the Amazon Prime+ 2% from Drop +1% from Spent + 3x JetBlue

Shayne
Shayne

I don’t see amazon on Drop list to select from when signing up, did they remove it?

Blue
Blue

It was only available to early sign ups. According to my app only 5,904 people have it.

slut
slut
DH7
DH7

Sounds like a good bump for the Amazon prime card, but I guess the purchase limit makes it less attractive.

emergdoc67
emergdoc67

doesn’t appear to support the Synchrony amazon prime card. sad

Mark
Mark

Is it possible to only enroll in the 1% back at top retailers, and NOT in the “Card-link rewards at local merchants”?

emergdoc67
emergdoc67

Unable to link this app with the Amazon Prime Store card – app is dead on arrival for me. Specifically, after entering the card number, it asks you to choose your bank, and choosing any of the Synchrony options and attempting to enter a login and password fails

Judy Jones
Judy Jones

It does not like my Chase Business Ink Bold card that I use for office. When I log in to chase after entering the Ink card number, it tells me 2 cards that I can add that are not that card!

Justin Pan
Justin Pan

Does the 1% cashback apply to in-store transactions? Thanks.

John
John

FYI, I signed up for Spent a few days ago. An Uber trip (one of my 3 vendors) appears to have triggered the $10 sign-up bonus. I haven’t used the shopping portal at all.

toby
toby

limit is $500/month in cashback earned (i know because i hit it already). takes i think 60 days for cashback to confirm. i’m not sure if the $500/month is rolling or based on a calendar month but we’ll see

William Charles

Nice 😉

RB
RB

Has anyone tried adding a Barclays Card. It keeps giving me an error.

Chucks
Chucks

No. Barclays hasn’t played well for me with Samsung Pay, Drop or Spent

Bo knows
Bo knows

they have reduced the monthly cash back limit to $100 once they saw your $500 per month

Tom
Tom

The new update has removed staples and Grubhub.

Sid
Sid

I just signed up and I have staples available at 3.75%. I don’t see grubhub as an option.

Blue
Blue

Staples online is available for me but it excludes GCs.

Nat
Nat

Do they have restrictions at Best Buy that doesn’t give cash back for Apple products etc.?

Brian C
Brian C

There doesn’t seem to be a limit of activating only 3 of the cashback offers.

I have 4 activated and it’s letting me do more if I want

Robyn
Robyn

I can’t see where I have to add any offers at all. It looks like the app has changed to “nearby and personalized” offers. From Help: “only certain types of offers require activation….”

storm
storm

On the app’s home screen, scroll down and find a merchant you frequently shop with that says “x% on any purchase via linked card.” Tap it and then tap “Activate Now” on the next screen. When you go back to the home screen, you can tap “Current Offers” to see what you’ve activated.

Chucks
Chucks

Second this. I activated basically every merchant. The limit of three may have been when there were fewer merchants.

Back to Top ↑