Cashback is a phrase everyone loves to hear, and These days, loyalty programs and cashback apps are more popular than ever. Retail TouchPoints reports that 86% of shoppers have joined a loyalty program to collect rewards. All of us love to save money and earn free rewards, and loyalty programs help us achieve both.
If you’ve ever used coupon apps or rewards apps like Ibotta, you have likely forgotten to redeem a coupon code or rebate while shopping. In many rewards apps, the only way to earn points is by selecting offers and scanning receipts. In the case of busy shoppers, who don’t have the time or desire to do that, these apps will fall short.
Thankfully, an app called Dosh is changing things. The Dosh app is a must-have for those who don’t want to miss out on savings to earn automatic cashback rewards when shopping at hundreds of retailers.
In this Dosh app Review , we”ll tell you What exactly Dosh is, How it works, its pros and cons, and much more.
What is a Dosh App?
Dosh is an app that rewards you for shopping, dining out, and booking hotels. Purchases can be made online or in-store. One of the most notable features of this cashback app is that rewards are automatically earned when you shop in-store. Unlike other apps, you won’t be required to upload a receipt. This app can help you earn extra cash for free. Offers differ depending on the retailer, but many offer cash back rates of around 2% to 3%. Some retailers offer upwards of 10% to 15% cashback. But you’ll also see some retailers offering as low as 1.5% cash back.
How Does Dosh App Work?
Install the app and link your credit card. Once your card has been linked, you can begin shopping at participating merchants, and points will be added to your “Dosh Wallet” immediately. Once your balance reaches $25, you can cash out via direct deposit or PayPal.
Several major brands, merchants, companies, and hotels have teamed up with the company to help you receive cashback (up to 10 percent) every time you make a purchase. When it comes to cash-back apps, you have to spend money to save money. If you shop a lot and live near many participating stores, then Dosh will save you a lot of money. When it comes to cash-back apps, you have to spend money to save money. If you shop a lot and live near many participating stores, then Dosh will save you a lot of money.
Ways to Make Money with Dosh
Dosh offers several ways for users to make money or get cash back.
Earn $5 by linking your card
The Dosh App will add $5 cash to your Dosh Wallet when you link your credit card for the first time. Additional cards can be added for additional cash.
Online cash back
You’ll love the Dosh App if you shop online frequently. You can purchase at a participating online retailer, and the amount goes straight into your Dosh Wallet.
In-store cash back
You get 4.5% cash back when you buy a pair of shoes at Nike. Picked up a snack at Jack in the Box? Get 7% back. You don’t need a coupon, no receipts, no scanning. The cash builds up in your Dosh Wallet automatically.
Travel cash back
Dosh partners with more than 600,000 hotels around the world. Whenever you book a hotel through Dosh, you receive cash back on your stay every night. And get this: when you book a hotel through Dosh, you can receive up to 40% cashback.
Refer friends and businesses
Dosh gives you a referral code immediately after signing up, and you will see it on your dashboard. You can then share the code with your friends and family, and you’ll receive a $5 referral bonus if they download the app and link their credit card.
If you get 25 friends to download and link cards to the app, you’d be earning $125. If you want to make more money, you can refer businesses to Dosh and earn 20% of the business’s Dosh fees. To access the offer, you must agree to some terms and conditions and complete a Dosh app form.
Pros and Cons of the Dosh app
Pros
- Earn rewards automatically
- Earn rewards for referrals
- Earn rewards for hotel bookings
- Featuring many local and popular retailers
- Flexible payout options
- Earn $5 when you use a referral code
Cons
- Not suitable for cash spenders
- The linked debit card must be used as a credit card to earn rewards
- Inactive accounts will incur a maintenance fee
- Currently available only in the U.S.
- You cannot link all your cards
- The referral program does not pay as much as other referral programs
Is The Dosh App Safe?
Dosh doesn’t store your credit card information and doesn’t share it with third parties. It partners with Braintree (owned by PayPal), a platform designed to store secured payment card information.
Your information on Dosh is managed with 256-bit encryption — the same level used by banks — to keep your data safe.
Is Dosh Legit?
Dosh is completely legitimate and safe to use. It has millions of positive reviews in the Apple App Store and Google Play Store, 263,000 followers across Twitter, Instagram, and Facebook, and an “A” rating from the Better Business Bureau (BBB). They raised hundreds of millions from investors, and the company is hugely successful. Their executives have worked for companies like Electronic Arts, Condé Nast, Google, and Nike. Retail giants like Walmart and Forever 21 are among their partners. The Dosh app is also one of the easiest to use. Unlike other cash-back apps, Dosh doesn’t require you to upload or scan receipts, saving you time. It is free for users.
Due to the high level of security offered by this site, it is one of the safest ways to make money from purchases. Whether it’s two-factor authentication, SSL encryption, or the tokenization and masked data provided by Braintree, you won’t find a safer cashback app.
What are the costs?
Dosh is free to use. If you are inactive for 12 months, Dosh will charge you a $4.99 maintenance fee, which will be deducted from your Dosh wallet balance. Otherwise, there are no fees.
Conclusion
If you enjoy the free money and want to earn automatic cash back rewards while shopping, dining out, or booking a hotel stay, Dosh is a good choice. You can use this rewards app if you typically use cards instead of cash for your everyday purchases.
Dosh App review FAQ
Does Dosh charge my card?
Yes, but it’s not a purchase-related charge. It’s an authorization charge because the card has been verified. It’s a pending charge, and nothing will be taken from your debit, credit, or bank accounts. It should clear within a few business days.
Does Dosh store my linked card data?
No. Dosh does not store your credit card information. Transactions are processed via Braintree, a PayPal service that uses Level 1 PCI compliance, the highest level of online security available. However, if you are not comfortable adding a linked card, consider Ibotta or Ebates (now Rakuten) for cashback offers that do not require a credit card.
Does Dosh store my linked card data?
No. Dosh does not store your credit card information. Transactions are processed via Braintree, a PayPal service that uses Level 1 PCI compliance, the highest level of online security available. However, if you are not comfortable adding a linked card, consider Ibotta or Ebates (now Rakuten) for cashback offers that do not require a credit card.
Are Dosh’s earnings taxable?
Any cash back you receive from Dosh will not be taxed. However, if you transfer more than $600 in referral rewards from your Dosh Wallet to your bank account or PayPal account, Dosh will issue 1099 to you and the IRS (only for Americans).
Can I use Dosh outside the United States?
Unfortunately, Dosh is only available in the United States.