Cashback apps are a great way to earn back money while shopping, especially if you frequent the same stores. What’s not so great is how obnoxious the process is. After you purchase through the desktop website, at 5 pm every 3rd Tuesday and complete 5 jumping jacks – you earn a whopping 33 cents back. Sound familiar?
You’re probably asking yourself this: Is there a cashback program for major retailers, like Best Buy, that’s user-friendly, practical, and can earn me some extra money? We’ve got you covered! At MoneyLion, you can shop easily from stores like Macy’s and Best Buy while you earn back cash with Cashback of the Month.
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How Can I Earn Cashback at Best Buy?
Shopping around for the best prices on your holiday gift list? Best Buy is one of the largest retailers in the world for the newest technology and electronic goods. But what do Best Buy and cashback rewards have in common? Simple – a RoarMoney Account from MoneyLion.
When you sign up for a RoarMoney account, you’ll have access to our rewards programs. Once you become a member, you can log into the app and find tons of major retailers in the rewards tab. From there, click on the retailer of your choosing, shop through the MoneyLion app portal, and start earning rewards.
Rewards range from cashback deals, Shake ‘N’ Bank, and Priceless Surprises from Mastercard. Use your MoneyLion Debit Mastercard (or virtual card) and earn varying percentages back from retailers like Macy’s, Best Buy, and Disney+. Merchants and offers vary and are subject to change.
How Do Cashback Rewards Work?
Here are our easy-to-use cash earning tools.
Shake ‘N’ Bank
Making money has never been so fun! After you make a $10 or more purchase using your MoneyLion Debit Mastercard or virtual RoarMoney card, you’ll receive a push notification to shake your phone for surprise earnings. You can also visit the app’s Rewards tab to find your rewards opportunities.
You could be rewarded up to the full value of your purchase ($120 max). Your rewards will transfer into your active MoneyLion investment account.
Don’t forget your rewards, you have 7 days to claim your Shake ‘N’ Bank opportunity!
Online Cashback Deals
Shop your favorite merchants right from the mobile banking app. Merchants and offers change periodically, so make sure you’re checking your app.
After you find an offer that piques your interest, tap “Activate” followed by “Shop Now” to shop right through the app. Once you’re done shopping, check out with your MoneyLion Debit Mastercard or RoarMoney virtual card to earn points.
After you reach 2,500 points, you can redeem a $25 cash deposit into your MoneyLion Investment account. Who knew everyday purchases could easily pay for your future!
Cashback of the Month
Need to get some early Christmas shopping done? Don’t wait! November’s Cashback of the Month offer is 2% cash back at Best Buy and Macy’s in-store or online, and December’s cashback will bring more of the same and other big names! Cashback of the month goes into your RoarMoney account, not your investment account.
Priceless Surprises with MasterCard
Using your debit card from MoneyLion isn’t only convenient, it pays! When you’re a MoneyLion Debit Mastercard holder, you’re automatically eligible for the Mastercard Priceless Surprises program.
Use your physical or virtual card for everyday purchases and you’ll enter a chance to win free cash, trips, or tickets to events complimentary of Mastercard. Winners are chosen at random and you could be the next lucky person!
Why Should I Invest My Cashback Rewards?
There are plenty of ways to double and triple your cash back rewards with a MoneyLion membership. Once you start seeing easy money direct deposited into your investment account, you might be tempted to use it up.
Why not use that money to invest in your future and continue to build your wealth? MoneyLion offers personalized fully-managed investment accounts based on your risk tolerance level. From low risk all bond-ETFs to higher potential risk with equity ETFs, we have the knowledge and tools to guide you to your goals.
Or maybe you’re more of a hands-off type, who wants to set it and forget it. That’s why we’ve created auto-investing. Simply set up a repeat investment amount monthly (based on your preferences) and effortless work towards your dreams.
Find out more about Auto-Investing with MoneyLion here
Make Money While You Shop
Need your paycheck early? Get your paycheck up to two days early when you connect a direct deposit into your RoarMoney account. This year being money savvy is getting you on Santa’s nice list!