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Drop App Invite Referral Code 2024: Get a $5 Bonus

Updated:

Fact Checked

The Drop App is a free rewards app that gives you cash back when you shop at your favourite stores, including Walmart, Starbucks, McDonaldโ€™s, Amazon, Costco, Best Buy, and others.

New app users receive a $5 cash bonus (5,000 points) when they sign up using a Drop Referral Link or enter a Drop invite promo code.

The Drop app is one of a few cash back apps available to Canadians and Americans who want to earn money back when they shop.

Other cash back rewards apps similar to Drop are Rakuten, Checkout 51, MyPoints, and TopCashback. Rakuten offers a $30 welcome bonus (more details below).

You can read our detailed Drop App review for more information about what it offers. 

2024 update: Tons of users have noted they arenโ€™t able to cash out their rewards on Drop. Keep this in mind if you decide to use the app. We no longer provide the referral link here. You can try KOHO or Rakuten instead.

Drop Invite Code and $5 Referral Bonus

When you sign up using a Drop invite referral link and link a card, you receive 5,000 points.

As a Drop member, you can also share your invite code with friends and family, and when they join, link a card, and confirm their email address, you both get $5 bucks free!

To find your Drop invite code, open the app and tap on โ€œInvite Friends.โ€ Copy your referral code or share it with friends directly using word of mouth, email, text, Twitter, Facebook, and other social media.

Drop App Referral Code

How Does The Drop App Work?

I find Drop to be one of the easiest shopping rewards apps to use. There is no need to scan a receipt to claim your points since the app tracks it automatically and credits your account. It is also free to join!

To start earning points:

  • Download Drop (direct referral link to get a $5 bonus โ€“ no promo code is required).
  • Link your debit and credit cards
  • Shop at your favourite stores
  • Earn Drop points and redeem them for popular gift cards

In addition to the 5,000 bonus points you receive when you sign up, there are bonus points for linking your cards, redeeming offers, referring friends, joining the newsletter, and promoting Drop on social media.

After signing up, you gain access to more than 300 popular brands and can earn points every time you shop with them.

Drop points can be redeemed at any time. Simply go to the redeem tab, choose your desired gift cards, and tap on redeem. It is that simple!

Drop App Review and Invite Code

Drop App Stores and Brands

Drop has partnered with multiple brands, and there are over three hundred offers available at any point in time. Some of the participating stores on the Drop App include:

Amazon, Starbucks, Uber, Walmart, McDonaldโ€™s, Target, eBay, Costco, Indigo, Sephora, The Source, Banana Republic, Adidas, Hotels.com, Uber Eats, Mylo, Instacart, Groupon, GAP, and many others.

You earn points when you shop at these stores, whether in-store or online.

Is Drop Safe?

Drop uses 256-bit encryption to protect your account. This is similar to what your bank uses. As per their website, they also do not provide your personal information to third parties.

Drop Alternatives

KOHO (Canada): Earn cash back on debit purchases, up to 5%, and interest on your balance. Join KOHO and get a $20 bonus after funding your account.

KOHO Prepaid Mastercard

$40 welcome bonus after first purchase (use GETCASH promo code during sign-up)

$0 monthly fee*

Earn up to 5% unlimited cash back

Get 5% savings interest on your balance

Unlimited Interac e-Transfers and debit transactions

Free budgeting app and access to credit building

Rakuten (Canada and the U.S.): Earn cash back rewards at over 3,000 stores. Join Rakuten here ($30 bonus).

Rakuten

rakuten

$30 sign-up bonus when you spend at least $30

Earn up to 40% cashback

Features 3,000 stores and retailers

Redeem earnings by PayPal & check

The Drop app is a great way to automatically earn cash back rewards on your shopping. Read on to find out more about this FREE app. When you sign up using our Drop invite code, you get a FREE $5 bonus instantly - no purchase necessary! #Drop #savemoney #rewards #savingmoney #giftcards #freeapp #makemoney
Drop App FREE $5 Invite Code
  • Ease of use
  • Cash back offers
  • Payout threshold
  • Overall value
Overall
3.8

Summary

Use our Drop invite code or referral link to get a free $5 bonus when you sign up! The Drop app is a cash back rewards app that pays you to shop. Easily redeem your rewards for popular gift cards and start saving money today!

Pros

  • Welcome bonus
  • Free cash back app
  • Multiple ways to redeem points

Cons

  • Payout threshold is high at $25

The Best Promotions this month

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Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

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