8 Authentic Passive Income Apps To Earn Extra Cash In 2023
To meet your needs, having multiple income sources is essential in today’s era. In America, about 46% of people rely on side hustles or passive income sources to achieve their financial goals.
You might have come across many articles claiming to make you a millionaire overnight_ no, I’m not going to make any such fake promise! Some apps and websites are just a waste of time, you don’t earn even a penny.
After a lot of research and experience, I found some authentic passive income apps both for Android and iPhone that will help you earn extra money. No matter where you live, you can use these apps. One thing more_ they are completely free!
In this blog post, I’ll share some legit passive income apps with you along with highlighting their pros and cons. Keep reading!
Top 8 Authentic Passive Income Apps
There are a lot of passive income apps and websites of different categories, some require little investment while others are free of cost. Here, I’ll discuss these passive income apps for adults who are interested in earning online. Let’s start!
1. Honeygain
Are you left with unused data? You’re in luck! Honeygain is a good passive income app that can help you earn in dollars.
Using this app, you can share the internet with your friends to make money. Wait, this isn’t the only way_ you can also earn through referrals. When your friend starts earning, you get 10% profit out of it. Isn’t that amazing?
Price: Free
App rating: 2.9
Withdraw: PayPal (at $20)
| Pros | Cons |
| Easy to use | It’s not a best-rated app |
| Helps you earn cash | Some people don’t like to share data with others |
| Referral system to boost your income |
2. Survey Junkie
Another passive income app for Android or iPhone is_ Survey Junkie, where you get paid for completing surveys based on your interest.
Not only this_ you also get paid for performing many other tasks such as sharing your browsing history, attending any session or setting up your profile.
This is how you can earn dollars effortlessly through this app. If you perform three surveys daily, you can make up to $40 per month.
App rating: 4.4
Sign-up price: Free
Withdraw: PayPal (minimum $10), Bank transfer, Gift cards
| Pros | Cons |
| It provides gift cards | Age restrictions (only 16+) |
| Offers cashback | Not a productive side hustle |
| Shows personalized surveys | Some surveys can be time-consuming |
3. Fundrise
It’s an online investment app that allows investors to buy real estate properties. If you want to get financial freedom, this passive income app is best for you!
You can invest either in small or large real estate projects_ it’s best to invest in different small projects to expand your portfolio and money. I
t’s main product is REIT, especially eREIT(electronic real estate investment trust) to manage all funds. This app constantly updates you about all your investments and tier progress.
There is a separate passive income app for iPhone, that is more convenient and allows you to access all its features.
Sign-up price: Minimum $10 for a starter portfolio
App rating: 4.2
Withdraw: Dividends
| Pros | Cons |
| Minimum investment to start | Illiquid investment |
| All investors can join | Complex investments |
| Offers redemption program | Fees like Annual advisory fees, fundraising plan fees and fund management fee |
4. Swagbucks
This passive income app is quite easy and simple, where you earn through various ways_for every 100 SB points, you earn one dollar.
You’ll earn these SB points by answering surveys, completing daily goals and using the Swagbucks search engine.
On average, by taking surveys for at least 20-30 minutes, you can get 30+ SB points. Also, using swag codes and referrals can help you make extra cash.
Sign-up price: Free
App rating: 4.4
Withdraw: PayPal( min $3), Gift cards (min $5)
| Pros | Cons |
| Super easy to use | Slow loading |
| Diverse options to earn money | Customer service is not too fast |
| Offers gift cards e.g: Walmart, Amazon | It may take time to qualify for surveys |
5. Rakuten
Rakuten_previously named Ebates is the most popular passive income app that offers savings and rewards when you shop online or in-store.
When you make a purchase, Rakuten automatically detects purchases from over 35,000 retailers and sends cashback to your account.
After signing up for the first time, you’ll get a $10 bonus with up to 40% cashback. They send your cashback payments every three months.
Sign-up price: Free
App rating: 4.4
Withdraw: PayPal or Check
| Pros | Cons |
| Offers cashback and bonuses | Payments only made once per quarter |
| Easy to install the Chrome extension | Sometimes users face glitches |
| You get savings for shopping | For people above 18 years |
6. Public.com
Approved by both SEC and FINRA, Public.com is another passive income app for Android and iPhone that works as a regulated broker-dealer.
No matter whether you’re dealing with stocks, crypto, EFTs, alternate assets or any other thing_ you won’t ever regret using this app. Additionally, It allows you to connect with other investors but it doesn’t share your trades with any third party.
It also offers premium services that you can buy to make more informed investment decisions.
Signup price: Free(you’ll also get free stocks)
App rating: 4.7
Promotion: $300+ Account Transfer Bonuses
| Pros | Cons |
| Offers all types of investing options | Customer service is not so good |
| Provides financial guidance | Mutual funds aren’t entertained |
| You can trade alternative assets | Limited investment tools |
7. InboxDollars
Are you getting bored but also want to earn money? I’ve a surprise for you! InboxDollars is an amazing passive income app for adults where you’ve fun along with earning some cash quickly.
Signing up for the first time, each user gets a $5 bonus_ isn’t it best?
Also, it offers paid surveys and you’ll receive quick bucks for completing different surveys within a few minutes.
But apart from above all_ the most interesting thing is, it pays you for playing games. It’s fun, indeed!
Sign-up price: Free
App rating: 4.8
Withdraw: Cash
| Pros | Cons |
| You receive money for playing games | Sometimes, users are not paid on time |
| Offers cashback |
8. FeetFinder.Com
FeetFinder is an app that allows people to make money by selling their feet images. It is only available in some of the Western countries.
You can sign up with some monthly subscription charges to start selling on this app. Sellers also pay a certain commission on each sale.
Sign-up price: Monthly Subscription For Sellers
App rating: N/A
| Pros | Cons |
| Make money without showing your face | Only paid subscription for sellers |
| Secure platform for payments | Takes commission from each sale. |
Bottom Line
At the end of the month when you run out of money, using passive income apps to earn money is a good idea. I’ve covered many passive income apps for adults in this article_ you can use any of them to earn extra bucks in your spare time.
Some apps require an initial investment, but it depends on you_ whether you want to use an investment app, survey app or shopping app. However, I want to clarify one thing_ all these apps don’t promise any reliable income, so don’t only rely on them.
Now what are you waiting for? Install any passive income app on your Android or iPhone to get handsome cash. I’m sure, your bank account will give me a high-five later!
FAQs
How can I make $1000/month passively?
You can earn up to $1000/month or even more by renting out spare rooms, tutoring, investing in stocks, freelancing and blogging.
How can I earn passive income on Android?
Many passive income apps for Android can help you make extra money. These include Fiverr, Survey junkie, Swagbucks, M1 Finance, Drop app and many others.
What apps can make passive income?
Passive income apps that work both for Android and iPhone include Fundrise, Crypto trading, Inbox Dollars, Ember fund, Savvy Connect and many more. Some of them require investment to generate good profit for you.