Is your credit card rewarding you enough points and cashback on your day to day purchases?

Whether your answer is a yes or no, you can start earning even more cash and gift cards with Drop app without having to buy another credit card or pay an annual fee. Drop app has given millions of dollars in cash rewards and will continue to do so, as more and more millennials are seeking ways to save money and live a minimalistic life.

Who is the founder of Drop app and why was it invented?

Drop is a Toronto based software/finance company founded by Derrick Fung along with three other partners. Drop is mainly designed for millennials who love to shop at popular brands such as  Sephora, Starbucks, Uber, and Whole Foods Market.

They have partnered with many such retail outlets with an aim to increase their sales by providing a loyalty program to their customers. Derrick and his team are very concerned about the financial health of millennials and have helped them by giving out millions in cash rewards.

How does Drop app work?

Drop app

Before I go into the installation and how-tos, I would like to point it out that you don’t have to pay anything to start using Drop. It does ask your credit/debit card information to track your spendings so that they can reward you for being a loyal customer to one or more of their partners.

1. Link your debit and credit cards

To get rewarded every time you spend money on something, link your credit/debit card that you frequently use. Do not worry about your credit card information. Drop uses bank-level 256-bit encryption.

2. Shop at your favorite places

Whenever you go grocery shopping, take an uber ride, or eat at your favorite restaurant, use the card that is linked with Drop app to get crazy amounts of cashback and gift cards.

3. Get cash rewards

You can redeem your cash whenever you want. The user interface is so simple and easy that you won’t have any problems navigating through the app. Moreover, the money gets transferred to your bank account instantly without any issues.

Is Drop app fully secure?

As I already stated in the previous paragraph, Drop used Military-Level 256-bit encryption and transport layer security to keep identity thieves and scammers at bay.

The Military-Level 256-bit encryption is used by major banks, NASA and the government. This system converts your login credentials into 256 different combinations which are almost impossible to decipher. No hacker on the planet can steal your banking information.

Moreover, transport layer security is used by banks and other trusted organizations like Google. A secured pathway is created by this system which keeps the information transmitted from your device to Drop’s database safe and secure. No one else has access to your data.

Summary

Drop app is a customer loyalty program that rewards you for shopping. Whether you are in the mood for a Starbucks coffee or a quarter pounder from McDonald’s, Drop app will give a decent percentage of your spending back to you in the form of gift cards.  These gift cards can be redeemed to cash whenever you want.