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If you’re looking for one of the easiest and more entertaining ways to earn income from your smartphone, Giftloop is one of the best apps out there.
They pay you for tasks that you already do on a daily basis, and that even includes charging your phone and watching gifs. You can easily earn on the go just by spending a few extra minutes per day on your smartphone.
The best part? This app is 100% FREE to use.
In this Giftloop review, we’re going to cover how Giftloop works, how much you can make, tips for maximizing your income and whether it’s scam or legit.
If you’ve used Giftloop in the past or are currently using it, let us know your thoughts in the comments below.
With that said, let’s get started.
How Does Giftloop Work?
As mentioned above, Giftloop is a free mobile app that pays you for tasks that you already do on a daily basis. This includes the following:
- Watching videos
- Swiping through funny gifs
- Downloading Apps
- Completing Surveys
- Charging Your Phone
- Unlocking Your Phone Screen
- Referring Your Friends
- 7-Day Streak
Each time you complete one of the above tasks, you earn a certain amount of coins. These coins can be exchanged for a gift card of your choosing to popular retailers such as Amazon, Google and more.
The amount of coins you earn depends on the task that you’re participating in. We’re going to break down the tasks and tell you how much you can earn with each one.
Unfortunately, this app is currently only available to US users and only available for Android.
Giftloop is currently in their beta phase, meaning you can expect quite a few changes from time to time. Registration is absolutely free.
Why Would Giftloop Just Give Me Money For Free?
Although Giftloop is giving you money for free, they also make their fair share of money.
For example, let’s say you complete a survey on the Giftloop app. The answers that you provide will be used to help companies improve their products and services.
Researchers and brands pay Giftloop for your opinion. This cash is then shared with users in the form of coins.
Not to worry. All data that you submit is kept completely anonymous, so there’s no way to trace it back to you.
Same goes for watching videos. Companies want to promote their products, so they partner with Giftloop in order to get the word out.
They pay for advertising, and Giftloop earns a small share. And of course, a portion goes back to you for being an active participant.
Pros And Cons Of Gift Loop
Let’s take a quick look at the pros and cons of gift loop:
- 100% free to register – never give your payment information to a rewards app
- Earn income through uncommon methods – downloading apps, watching gifs, charging phone, locking your screen
- Lots of different ways to earn cash with plenty of activities
- Plenty of gift cards and cash prizes to cash out for
- Not a scam – I’ve always been paid out on-time
- Using coins as a currency may be a bit confusing
- Sometimes coins for watching videos aren’t rewarded immediately
- Some surveys may be a lot more low-paying than others
How Do I Get Started With Giftloop?
Getting started with Giftloop is incredibly simple. However, we’re going to break down the process step-by-step in order to ensure that you don’t miss any details.
You can register for Giftloop by clicking this link here. In order to sign-up, all you will need is your name, email and to create a password. There’s no need to verify your email address.
2. Start earning.
When you log-in, you’ll automatically be directed to the home screen with a list of tasks to complete in order to earn coins. These coins can be exchanged for real cash prizes.
You can also click on the “Earn” button on the bottom-left-hand corner of the screen to see current tasks.
3. Cash out.
When you reach a minimum of 200,000 coins ($10 USD) in your account you can cash out for a gift card of your choosing or you can donate to causes. There are also cool cash gifts.
Don’t forget to check your earnings history to see where you’ve earned the most coins.
4. Refer your friends.
Refer your friends for some extra cash. Each time you refer a friend, you and your friend both receive a bonus of up to 11,000 coins.
Want to support FFL? Use our referral link here – we’d greatly appreciate it!
How Much Can I Make With Giftloop?
And now comes the most important question: how much can I earn?
While we can’t give you an exact amount, we’re going to do our best to give you a sound estimate.
First of all, we need to note that when you complete tasks you’re given a certain amount of coins. A minimum of 200,000 coins is required to cash out for a $10 gift card.
Therefore, we can conclude that 20,000 coins is equivalent to $1 USD. With that said, let’s dive right into the tasks:
Invite And Earn
The Giftloop referral program is probably one of the easiest ways to earn cash. Each time you refer your friend, you have the chance to earn up to 11,000 coins.
While the amount isn’t that great ($.55 cents maximum per referral), it’s still a great way to earn cash with Giftloop.
For this reason, we recommend referring friends through Giftloop. You can find your referral link under “Account” and then going to “invite and Earn.”
I love it when money making apps pay you to log-in. Open the Giftloop app for a consecutive 7 days and get a bonus of 2,500 coins. Easy peasy, so we definitely recommend it.
Installing apps is definitely one of the fastest ways to earn with Giftloop. The amount they pay is quite high for the amount of effort that goes into it.
When I first signed-up, I was amazed at the abundant amount of app install offers they had. I counted around 20 when I first checked.
Not only that, but new offers will come through as well.
You can earn anywhere between around 1,000 to 5,000 points per install (a rough average). It’s not a lot of money, but the task is incredibly simple.
All you have to do is install the app and open it from your phone.
Once that’s done, you can uninstall it or keep using it. We recommend you leave the app open for at least 30 seconds before uninstalling in order to ensure that you receive credit.
Such an easy task with so little effort – definitely recommended.
Note: Keep in mind that some apps will pay you to sign-up for a free 7-day trial. These apps usually pay out a bit more, but you do need to enter in your credit card information. Just remember to cancel your trial if you don’t wish to continue.
Swipe & Earn
This is what I absolutely love about Giftloop. You can literally swipe through funny gifs and earn cash for it.
Simply select “Swipe and Earn” from the homescreen and swipe away. Don’t forget to hit “collect coins” when you view each gif or video.
Now, I have to admit that this is one of the easier ways to earn with Giftloop. However, the payout is pretty low in comparison to the other tasks on this list.
With that said, if you’re looking at the app from a purely financial point of view, you will want to complete some of the featured offers that show up in between the gifs to make it more worthwhile.
However, if you’re just looking for a lazy and easy way to earn coins while still having fun, this is definitely the way to go.
Note: Keep in mind that coins for watching videos might not be rewarded immediately.
The Offer Wall
The offer wall consists of a bunch of different offers that include the following:
- Taking Surveys
- Completing Quizes
- Signing-up For Free-Trials
- Watching Videos
- Installing Apps
In fact, most of these tasks are almost identical to the ones found on the main screen. Giftloop wants to give you even more offers to ensure that you never run out of ways to earn free cash.
We suggest completing these offers when you get bored with the other ones mentioned, or when you run out of those offers. This is because the payout is quite low.
When it comes to surveys, it is a bit difficult to determine how much you can earn since the offers vary so much.
Yet what I can say is that they tell you how much you can earn and how long it will take before you actually take the survey. From the image below, you can see that you can earn 1,300 coins in just 2 minutes.
Some surveys pay quite low, and some pay decently. Stick to the higher-paying ones to maximize your earnings.
Keep in mind that surveys can somewhat be tedious as well. For this reason, we do not recommend survey with Giftloop unless you enjoy taking surveys already.
Locking Your Phone
Since you’re already unlocking your phone on a daily basis, with Giftloop installed you’re now getting paid for it. When an ad comes up on your locked screen, an ad will appear. Engage with it if you’re interested or swipe away to go to your home screen.
This is already a task that you’re doing multiple times per day, so no extra effort is involved. For that reason, it’s highly recommended.
Charging Your Phone
When you leave your phone charged and set on lock screen, Giftloop will automatically pay you to let ads run on your phone while you charge it. It’s never been easier to earn with a phone.
The amount isn’t huge, but this can be an incredibly easy way to earn overnight or when you’re simply not doing anything.
This section is recommended due to the fact that you literally do nothing.
Is Giftloop A Scam?
Giftloop has always paid me on-time and the right amount. Furthermore, their customer support is of top-notch.
Since I’ve always been paid and they’ve always responded to me, I can therefore conclude that Giftloop is not a scam and therefore legit.
Don’t want to take my word for it? Here are a few other reviews to take a look at:
- Fishering states that it’s definitely a legitimate app and goes into detail about how the app works.
- Reddit users consistently praise Giftloop for a quick and easy to earn from your phone. As of yet, no one has reported being scammed out of their money.
Since Giftloop is still in their beta version, there aren’t a lot of reviews out there yet. Expect more to come.
Is Giftloop Worth It?
This question really depends on your personal needs. The fact that you can get paid to complete tasks while on the go is pretty cool feature.
As mentioned above, you can earn cash for essentially doing nothing – charging your phone and unlocking your screen. Not bad for doing nothing, and it also makes a great addition to our passive income apps list.
Now for the other tasks. If you look at it purely from a financial standpoint, only downloading the apps is going to be worth your time. This is because this task takes little time and has a decent payout rate.
The other tasks don’t pay as much, but they are also simple and fun to complete. I haven’t yet found another app that pays me to watch gifs in my spare time.
If you’re looking to make the most money, there are plenty of other apps to make money. However, this one still has a high enough payout rate (depending on the tasks) to where we can say it’s worth it.
Just don’t put all of your eggs in one basket and choose other apps as well.
What Are Some Other Great Apps Like Giftloop?
Just because you’re earning with the Giftloop app doesn’t mean you have to stop there. Take a look at some of our favorites.
- Registration Bonus: $10 after redeeming your first offer
- Join Ibotta
Ibotta is one of the most popular apps out there. Get paid to take pictures of your receipts from your smartphone.
This includes purchases from electronics and groceries to prescriptions and alcohol. Simply match the offer on their app with what’s on the receipt and receive anywhere between $.25 cents and $5 in cash back.
Claim more than one offer per receipt to stack your offers and earn more. You can also combine this with other receipt scanning apps to increase your earnings.
Ibotta also has a cash back feature that allows you to earn cash back by shopping through their partner retailers.
For example, click on the Groupon link in their app to be redirected to the Groupon site or app. From there, make your purchase like you normally would, and receive 10% in cash back on your total purchase price (rates my change).
When you sign-up you get a $10 bonus when you scan your first receipt.
- Registration Bonus: $10
- Join Ebates
Ebates is an app that gives you cash back for your online purchases. They’ve partnered with over thousands of retailers across the web.
When you open the app, search for the retailer of your choosing. Next to that store will be listed the amount of cash back you get on your purchase.
Click on the “Get Cashback” link to be redirected to that retailer’s page. From there, receive cash back on your total purchase price.
I find that I can often earn an average of 7% on all of my online purchases through Ebates.
When you sign-up, get a free $10 gift card as a sign-up bonus.
- Registration Bonus: $1 when you link your first credit/debit card and use promo code frugal4less
- Join Drop
Drop is one of the newest cash back apps out there. Link your credit or debit card to the app and earn cash back on certain purchases.
No receipts. No coupons. Nothing. Simply make your purchases and earn free money.
When you first sign-up, you get a choice of 5 retailers to earn cash back at. Some of these retailers include Walmart, Walgreens and more.
Make a purchase with your linked credit/debit card and you receive a certain amount of points in your Drop account. Cash out for a gift card of your choosing.
When you use the promo code frugal4less at sign-up, you get a bonus of $1 in your account.
Giftloop is still in its beta version, so expect a few changes along the way. In any case, they’re off to a great start.
They’ve recently made some changes that restrict earnings from charging to 1 device per user. At the end of the day, they also have to keep advertisers happy and needs real users to do so.
Not everyone was happy with this, but the new features they added such as the lock screen now make it much easier to rapidly earn coins for the average user.
Just the fact that you can earn cash for unexpected ways (watching gifs, downloading apps, charging your phone and locking your screen) makes the app fun and entertaining. Not only that, but you also earn cash for the more common ways as well (watching videos, taking surveys and referring your friends).
Stick to the higher-paying tasks to maximize your efforts. We suggest referring friends, logging-in daily, charging your phone and downloading apps.
For those who just want to have some fun while earning some extra cash, you can also get paid to watch gifs and videos. In any case, we suggest giving it a try to see if it’s right for you.
If you have experience using the Giftloop app, let us know about it in the comments below. We hope you’ve enjoyed this Giftloop review.
Thanks for reading and happy frugaling!