Expense Rewards is yet another data mining app that targets the credit card and banking audience. Like most apps of its kind, Expense Rewards requires your bank login details. This Android only app is offering $5 referral bonus which you may obtain by using the code below
https://play.google.com/store/apps/details?id=com.expreward&referrer=utm_campaign=W3EPSP
make sure to use the code W3EPSP
you get $5 and so do I. You need to link at least one bank login and a credit card. Signup bonus is paid if/when bank login and credit card has at least 5 transactions.
Point Value and Earning Rate
As of today these points cannot be cashed out but they can be turned into a giftcard at a favorable rate of 100 points = $1 giftcard. The minimum redemption value is of 200 points (i.e. $2 giftcard).
- Amazon, $2+
- CVS, $2+
- Domino’s Pizza, $5+
- GameStop, $5+
- Groupon, $10+
- Macy’s, $5+
- Nike, $10+
- Old Navy, $10+
- Petco, $10+
- Sephora, $5+
- Starbucks, $5+
- Target, $2+
- The Home Depot, $5+
The earning rate isn’t anything amazing:
- every day you will receive 5 points for every purchase you make
- every time you connect a new account you will earn 5 points per purchase for the last 30 days
The first part is really telling you to “split your transactions in 5 cent so everything you buy is free”. On a semi-serious note, if you purchase $1 item then you are practially get 5% off and obviously the discount gets higher as your cost of purchase gets lower than $1. The second bullet point just incentives adding more accounts but I would not put all my accounts under one expense rewards 😉
Closing Remark
I got this app after reading DoC’s review on the matter and since then I have been poking around with the app. Their support is responsive, the app looks nice but needs to be smottened out in some areas. My major complain is that, at the moment, this app does not allow me to delete added bank logins and credit card details on my own. Also i think this novice app has some holes (not security related) that can be exploited by a regular churner but eventually their data should reveal these exploits to them.
