This article will focus on passive income apps that require minimal effort to help you earn money. Users can earn money through investments, earning cash back, sharing their data, data rentals, and through simple tasks online.
Be it either a novice or a person looking to broaden income streams, passive income apps help in establishing income over time in a flexible and convenient manner.
Key Points & Best Apps For Passive Income
| App | Key Point |
|---|---|
| Honeygain | Earn money by sharing unused internet bandwidth |
| Sweatcoin | Convert steps into digital currency rewards |
| Acorns | Automated micro-investing from spare change |
| Rakuten | Cashback on online shopping purchases |
| Neighbor | Rent out unused storage space |
| Ibotta | Cashback on groceries and essentials |
| Airbnb | Passive income from renting property or rooms |
| Stash | Fractional investing with automated portfolios |
| Microtask.in | Background micro-tasks for steady earnings |
| Robinhood | Commission-free stock & ETF investing |
10 Best Apps For Passive Income
1. Honeygain
Honeygain lets users make some money on the side by sharing their unused bandwidth. Once the app is installed, it runs in the background and connects to the Honeygain network
Allowing companies to use your internet for things such as data collection, market research, and search engine optimization.
Users can make money depending on the data they share, and the app can be as passive as it gets, so it is perfect for people looking to make easy money.
Honeygain also has low security risk and can be used on multiple systems including Windows and Mac, and even Android.
Honeygain – Key Highlights
- Make passive income by sharing unused internet bandwidth
- No daily effort required after initial setup
- Works on multiple devices
- Put in more time and earn more money
| Pros | Cons |
|---|---|
| Earns truly passive income by sharing unused internet bandwidth | Earnings are relatively low |
| Runs in the background with minimal effort | High payouts require long-term use |
| Supports multiple devices and platforms | Internet speed may slightly affect performance |
| Simple setup and user-friendly interface | Not available in all countries |
| No active work required once installed | Daily income depends on demand |
2. Sweatcoin
The app Sweatcoin incentivizes users to keep moving and living a healthier lifestyle by converting their steps into a digital currency called “Sweatcoins.’
These can be used to buy products, avail services, and, in some cases, can be converted to cash through PayPal.
The app helps users earn money passively by tracking their steps with very little effort. Users can earn more coins with referrals and by buying a premium subscription.
Although, step tracking and earning coins won’t be enough to earn a full-time income, Sweatcoin is a good way to earn some money for physical activity.
The app is great for users with busy and active lives, and it lets them earn money with their physical activity with little effort.
Sweatcoin – Key Highlights
- Automatically converts your daily steps into rewards
- Promotes an active lifestyle
- No investment needed to start earning money
- Best for regular walkers
| Pros | Cons |
|---|---|
| Encourages physical activity and healthy habits | Limited real cash withdrawal options |
| Automatically tracks steps | Earnings grow slowly |
| No financial investment required | Rewards availability may vary |
| Suitable for daily walkers | Mostly rewards-based, not cash-focused |
| Referral system boosts earnings | Not a replacement for steady income |
3. Acorns
Acorns is an investment application. It invests your spare change, automatically rounding up your purchases to the nearest dollar and putting the change into diversified portfolios.
Without micro-investing, the users would have to dedicate time and effort to manage the investment for long term wealth accumulation.
Depending on the user’s retirement goals and risk, the portfolios can also be tailored, along with the ESG preference.
To boost investment and revenue, Acorns allows users to make recurring purchases and earn cashback at partnered businesses.
Overall, Acorns would be a great option for those who are new to investments and do not have the time. Consistent investments along with compound interest can boost long term revenues.
Acorns – Key Highlights
- Invest spare change with every purchase
- Provides options based on risk a person is willing to take
- Great for people with minimal investing experience
- Growth from compounding returns
| Pros | Cons |
|---|---|
| Automated investing with spare change | Monthly subscription fees apply |
| Beginner-friendly investment approach | Limited control over individual stocks |
| Diversified portfolios reduce risk | Not ideal for short-term gains |
| Supports long-term wealth building | Returns depend on market conditions |
| Includes retirement investment options | Small balances grow slowly at first |
4. Rakuten
Rakuten which used to be Ebates is a service that gives you cash back from online shopping. By using Rakuten’s Website or their app you can get cash back from several online retailers. Cash back is automatically deposited into your Rakuten account.
In addition to cash back deposits Rakuten also has promotions, bonuses, and other seasonal cash back offers.
Earning cash back is so hassle free because you don’t have to do anything besides use the app to make your online purchases and be a little patient.
If you use Rakuten every time you shop online you can earn a good amount of cash back, especially if you buy a lot of things.
Rakuten gives you cash back through checks or through PayPal which is a nice way to make some extra money while you shop.
Rakuten – Key Highlights
- Cash back on a certain percentage of money spent at partner online stores
- Purchase tracking is automated after activation
- Bonus offers sometimes available
- Best for people who shop online often
| Pros | Cons |
|---|---|
| Earn cashback on regular online shopping | Only works with partnered retailers |
| Automatic cashback tracking | Earnings depend on spending habits |
| Extra bonuses and seasonal offers | Payouts are not instant |
| No additional cost to use | Limited benefit for infrequent shoppers |
| Easy-to-use platform | Cashback percentages vary |
5. Neighbor
Neighbor is an app that helps people rent out extra storage space in their home, garage, or shed. Homeowners make extra income listing their space, and renters pay lower prices than traditional storage options.
The app does contracts, payments, and insures the storage so renting storage is less risky. Storage space that gets rented is a reliable income stream for homeowners.
Neighbor is great for people who live in the city and the suburbs and gives them an easy way to make money off their space. It is a great way to make money off empty space.
Neighbor – Key Highlights
- Make money by renting out a storage space you don’t use
- Hands off management for monthly recurring income
- The platform manages all payments and contracts
- Best for people with extra room in their house
| Pros | Cons |
|---|---|
| Monetizes unused storage space | Income depends on local demand |
| Recurring monthly income potential | Requires available physical space |
| Platform manages payments and agreements | Possible wear and tear on property |
| Flexible pricing and availability | Not suitable for renters in some cases |
| Lower effort than traditional renting | Income may fluctuate seasonally |
6. Ibotta
Ibotta users can earn money for making everyday purchases through cashback and rewards. Before shopping, users can look for offers in the app and upload a receipt or link a loyalty card to get cashback.
Users can withdrawal money via PayPal, Venmo. or gift cards. Promotions, bonuses, and referral rewards allow users to earn more. Since Ibotta automatically tracks purchases from loyalty programs, users don’t have to do much.
Users can save a large amount of money if they use the app to get cashback and combine offers. Ibotta is a great way to increase income without making big changes to your lifestyle.
Ibotta – Key Highlights
- Cashback on groceries and other daily expenses
- Receipt scanning and loyalty card integration
- Referral bonuses and other rewards
- Spending helps to lower household expenses over time.
| Pros | Cons |
|---|---|
| Earn cashback on everyday purchases | Requires offer activation before shopping |
| Supports receipts and loyalty programs | Cashback varies by product |
| Multiple withdrawal options | Not fully passive |
| Frequent bonus opportunities | Some offers expire quickly |
| Works well for grocery shoppers | Requires consistent usage |
7. Airbnb
Airbnb allows homeowners, to rent their available spaces & earn passive income. Renting can be done through booking entire homes, apartments, or just rooms. The host can control & customize their availability & pricing, as well as house rules.
They will manage all bookings, payments, & reviews. Income can be made year round, but is often maximized during peak travel seasons. Renting can be scaled to occasional, short-term rentals or switched to full-time property management.
There are additional benefits as well, such as insurance protection & risk-minimizing support offered by Airbnb.
The company provides vacation property owners active income & extra space hosts, transforming their real estate into earning assets while providing flexibility by controlling their active hosting schedules.
Airbnb – Key Highlights
- Enables you to make money from extra rooms or properties.
- Choose your own hosting hours and set your own prices.
- Great earnings potential in high travel-demand areas.
- The service takes care of bookings and payments.
| Pros | Cons |
|---|---|
| High earning potential in popular locations | Requires property management |
| Flexible hosting schedule | Cleaning and maintenance responsibilities |
| Platform handles payments and bookings | Income can be seasonal |
| Insurance protection included | Local regulations may apply |
| Scalable income opportunity | Guest-related risks exist |
8. Stash
Stash is an app for micro-investing. It lets users put money into fractional shares, ETFs, and retirement accounts. Users can start investing with just $5, and build diversified portfolios aligned with their personal goals and risk appetites.
Users receive educational resources to boost their financial literacy and other banking features, and they can opt for automatic, recurring investments.
Stash is based on the principle of compounding, and users receive passive income through the growth of their investments over a period.
Users earn in-app bonuses by referring other users and completing tasks. The app is best suited for beginners and people who want to put money away effortlessly. It ideologically promotes micro contributions that over time produce a considerable income.
Stash – Key Highlights
- Lets you start investing with very little money through fractional shares.
- Investment plans can be automated and set to recur.
- A user-friendly platform tailored to novice and long-term investors.
- Allows you to earn passive income from market growth over time.
| Pros | Cons |
|---|---|
| Low minimum investment requirement | Monthly subscription fee |
| Fractional shares available | Limited advanced trading tools |
| Automated recurring investments | Returns depend on market performance |
| Educational resources included | Slower growth with small investments |
| Ideal for beginners | Not suited for active traders |
9. Microtask.in
Microtask.in is a site where users can make money by completing simple tasks online. Users will perform activities like data labeling, image verification, surveys, and content moderation.
While it is not a fully passive income, it offers a flexible way to earn money online. Users work at their own pace and choose tasks that suit their schedules.
Because of this, it is perfect for those looking to earn money on the side. Users are payed via bank account or digital wallet.
While tasks pay relatively low, over time a consistent user will accumulate a considerable amount of money.
Microtask.in is a great site for students, freelancers, or anyone looking to earn money without time-intensive activities.
Microtask.in – Key Highlights
- Get paid to do basic tasks online.
- You don’t need any special skills or investment.
- You can work when you want and choose the tasks.
- Great for creating a side income or when you have extra time.
| Pros | Cons |
|---|---|
| No investment required to start | Not fully passive income |
| Flexible work schedule | Low pay per task |
| Simple tasks suitable for beginners | Requires consistent effort |
| Accessible from anywhere | Task availability can vary |
| Useful for side income | Time-consuming for higher earnings |
10. Robinhood
Users of the Robinhood app can invest without paying any commissions. In addition to being able to invest in stocks, investors can purchase ETFs, trade options, and buy and sell currencies as well.
The platform provides recurring investments, and dividend reinvestment, features that allow users to strengthen their growing passive income streams. Users can earn money periodically by owning dividend ETFs or stocks, and then do nothing.
Because of Robinhood’s easy layout, every potential investor can use their app. Because investing is risky, Robinhood equips users with the tools to track their portfolio and do their research.
The platform, when used correctly, can enable investors to earn passive income streams through well-divided investments and strategic appreciation.
Robinhood – Key Highlights
- Invest in stocks or ETFs without paying commissions.
- You can receive and reinvest dividends.
- Great for new investors with a clean, simple interface.
- Best for long-term, disciplined investing.
| Pros | Cons |
|---|---|
| Commission-free trading | Investment risk involved |
| Supports dividend-paying assets | Market volatility affects returns |
| User-friendly interface | Limited customer support options |
| Suitable for long-term investing | Encourages risky trading for beginners |
| Recurring investment feature | No guaranteed income |
How To Choose Best Apps For Passive Income
- Identify apps that earn you money automatically with as little effort as possible daily.
- Evaluate money-making possibilities to make sure they fit with your goals and expectations realistically.
- Cross-check user ratings, reviews, and the payment history for credibility of the apps.
- Opt for apps that require little to no financial investment to make passive income.
- Make sure the payment methods are valid, safe, and available in your country.
- Choose apps that best fit your lifestyle, behavior and existing assets to earn income easily.
- Examine the security and data policies to ensure your personal and financial data are safe.
- Evaluate deposit limits and frequency of withdrawals to ensure you can access your income easily.
Conclusion
To conclude, the top passive income apps provide a clear, adaptable, and low-effort route towards earning some extra cash.
They accommodate various lifestyles and financial objectives, as the apps focus on differing income streams, including investing, cash back, renting, and automation.
Users can generate income more reliably and enhance their financial stability the longer their income streams and the platform used are diversified.
FAQ
Passive income apps allow users to earn money with little ongoing effort after setup.
Most trusted apps are safe if you review privacy policies and user feedback carefully.
Some apps require small investments, while others work without any upfront cost.
Earnings vary based on app type, usage, location, and time commitment.
