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We live in a world of cashback, loyalty programs and reward apps, all designed to encourage customers to return to the merchant to purchase goods and services. While we don't ordinarily think too much about it, we tend to carry a collection of paper or plastic cards in our possessions. This trend has extended to the digital space where you can now earn a cashback in Bitcoin.
This is perfect for those of you that have been on the sidelines or don't have the cash to invest in Bitcoin using a fiat-to-crypto exchange. In this article, we will cover some of the most popular and emerging cryptocurrency loyalty programs that reward customers with a cashback incentive to earn free Bitcoins. It's incredibly easy and you don't have to do much at all.
Want to start earning Bitcoin cash back?
What Does Bitcoin Cashback Mean?
Bitcoin cashback and rewards app is basically a loyalty program that allows you to earn a small commission in the form of Bitcoin when you shop at an online merchant or vendor that supports the cashback program.
When you make a purchase, a portion or small percentage of the sale amount is refunded back to you in Satoshi's into your account wallet. The percentage amount can depend on the retailer and there can be a waiting period.
With the increasing adoption of cryptocurrencies, new merchants are participating in Bitcoin cash-back programs. This introduces competition that benefits the shopper by providing an incentive to find better deals and discounts at the supported retailers.
Best Bitcoin Apps That Offer Cashbacks
1. Lolli App
Lolli is an exciting new app that brings a new twist to the customer loyalty industry that allows everyday shoppers to earn up to 30% cashback in Bitcoin. It works by rewarding customers with Bitcoin by simply purchasing from supported stores and retailers. It is a simple and fun experience for everyone to start earning Bitcoin passively by shopping at your favorite retailer. The application is supported by several well-known and popular retailers that refund a percentage of purchased items back in Bitcoin (BTC).
Lolli works when you shop on one of the partner sites, Lolli receives a percentage of each, sort of like a commission for driving traffic and sales to the merchant. A portion of the commission that Lolli earns is split with the customer, paid in Bitcoin and sent directly to your Lolli wallet which can then be transferred to a hardware wallet for safekeeping. To learn more, read our full review on Lolli App.
Lolli is partnered with the top brands which allow you to earn back up to 30% in Bitcoin rewards. The current partnerships include some of the world's largest retailers such as:
The best way to get the Lolli app is to download the Lolli browser extension which is available for both Chrome and Firefox. Simply follow these instructions:
- Visit the Lolli website
- Click on 'Get Lolli for Chrome'
- Download and install the Lolli extension
Once Lolli has been activated, shop online as you normally would. As long as the order is eligible, Lolli will track the purchase and send Bitcoin to your Lolli wallet when Lolli is paid by the merchant, usually after the merchants refund period has expired. After the balance reaches a minimum of $15, you can withdraw your Bitcoin cash back balance to a nominated bank account or hardware wallet for safekeeping.
Foldapp provides up to 20% cashback in Bitcoin by offering Giftcards that can be purchased and redeemed at a number of popular retailers.
It works quite differently from Lolli. Rather than paying directly to the retailer, Fold is a prepaid program where you have to buy store credit or gift cards through Fold before making a purchase. This will suit existing Bitcoin investors that want to spend crypto in the real world. For everyone else such as the spenders, earners and savers, Foldapp brings Bitcoin to the mainstream in a rewarding way and is one of the best crypto apps on the market.
Before you can start using Fold, you will need to add your credit card or debit if you don't currently own Bitcoin. If you have a Bitcoin wallet, you can simply add your wallet address, which is also where your cash backs withdraw will be transferred to.
When your account is set up, it's as easy as selecting a digital giftcard on your phone and you will receive Bitcoin cash back instantly. Once you’ve made your payment, you can find your brand-specific gift card barcode or code in the “My Cards” view in your Fold account.
When you’re ready to use it, select the card you’d like to use on your phone and scan the barcode in store at the register or input the alphanumeric code at checkout to complete the payment. If the retailer isn’t able to scan the barcode on your phone, they can enter the numeric code accessible in the card details menu.
Foldapp gift cards are accepted at multiple retailers in the US and globally. We expect the list of supported outlets to grow, so check Foldapp's social media channels for updates. Cash back in Bitcoin is offered at the following outlets:
- Best Buy
- Burger King
- The Home Depot
- P.F. Changs
- Southwest Airlines
- Dunkin' Donuts
- TJ Maxx
The best way to get Foldapp is to download Fold for your mobile app which supports iOS and Android. Simply follow these instructions:
- Visit the Fold website on you mobile device
- Click on download Fold for 'iOS' or 'Android'
- Download and install Foldapp
3. Bitcoin Rewards
Bitcoin Rewards is another online service that enables you to earn a cash back in Bitcoin (BTC), Bitcoin Cash (BCH) and other digital currencies. Shoppers around the world can access cryptocurrency without the need to make a purchase. Bitcoin Rewards are paid a small commission by the retailer which is split back with you in crypto. You can spend your Bitcoin cash back or save it, the choice is totally up to you.
BitcoinRewards have a huge selection of shops where you can easily browse the different categories such as popular, holiday & travel, clothing & fashion, electronic, garden and beauty.
When you find a shop or coupon that takes your interest, all you need to to is click the 'Go to shop' button which will take you to the retailers website. Browse, shop and purchase as you normally would. You will receive a cashback in Bitcoin within 48 hours of a successful purchase.
BitcoinRewards also offers special deals and discount coupons which can be redeemed at a number of online stores. The best part is, you can earn a Bitcoin cashback in addition to the coupon discount.
To get started with BitcoinRewards, follow these instructions:
- Sign up a FREE account at BitcoinRewards site
- Shop at your favorite store by clicking “Go to shop” button.
- Browse the categories and purchase just like you normally would.
- Bitcoin will be automatically delivered in a cashback to your account
CoinRebates brings a new way of earning Bitcoin with cash-back shopping and has partnerships with over 300 online retailers. Shoppers are rewarded with Bitcoins for every dollar that they spend at their favorite stores.
he platform has a merchant network of over 300 retailers, which includes the likes of:
- New Balance
Signing up is incredibly easy. All you need is a Bitcoin wallet address which you need to input on the website. Then you can browse through the supported merchants and make your online purchases. Like the Bitcoin cashback platforms above, the Bitcoin rebate is credited after the purchased item’s return policy has expired which is typically around 30 days.
To get started with CoinRebates, follow these steps:
- Register your Bitcoin address. If you don't have a Bitcoin wallet, read this article to find order a hardware wallet
- Browse CoinRebates stores which offer different Bitcoin cashback rewards
- Click through to the store that you wish to shop at
- Purchase from the store as you normally would–pay with a credit card, PayPal, or any method accepted by the store
- Earn the Bitcoin reward as soon as CoinRebates are notified of your purchase!
Liquigate is a Bitcoin cashback service that rewards users for their online shopping. They have partnered with 1200 shops globally and offer up to 30% cashback in Bitcoin. The reward app can be downloaded on iOS and Android devices or using the web version.
It's a simple service earning you Bitcoin with a single click. To earn Bitcoin rewards using Liquigate, search for the shop you want to purchase goods from, and click "SHOP". You will be redirected to the website you want to buy goods from. Once the items have been purchased, Liquigate will debit Bitcoin into the account.
Liquigate can be used with FOLD app and mycrypto.com to earn double cashbacks and rewards. There is also a referral program for Liquigate users that share their referral code to earn up to 10% lifetime commission on your friends earnings!
We will likely see more Bitcoin cashback apps in the future as the mass adoption of cryptocurrencies continue to sweep the globe. There is absolutely no cost to sign up for these loyalty programs making Bitcoin cashback apps the safest and easiest way to earn Bitcoin. These apps help to distribute Bitcoin to the masses in a simple and user-friendly way by doing what people love to do - online shopping.
These apps provide access to thousands of online shopping deals and discounts from your favorite online stores in addition to Bitcoin cashbacks. We are excited to see more competition in the Bitcoin rewards app which will benefit the customer.