Credit Cards

How Does Dosh Work

By David Krug David Krug is the CEO & President of Bankovia. He's a lifelong expat who has lived in the Philippines, Mexico, Thailand, and Colombia. When he's not reading about cryptocurrencies, he's researching the latest personal finance software. 4 minute read

There are no coupons or points to worry about when you use Dosh. When you link a credit or debit card, it works automatically. Suppose you had an invisible assistant who would put money into your bank account each time you went shopping, dined out, or made a hotel reservation for you. With the money in your bank account or a donation, you wouldn’t need to check beneath your pillow for it.

Dosh operates in a similar manner. Despite the fact that it appears to be a miracle, it is actually simply a highly practical program that gives you cashback for ordinary purchases. In contrast to some other cash-back apps, you won’t have to select offers or click on the app before making a purchase. When you use the Dosh app to make purchases, all you have to do is link your debit or credit card to the app. Dosh will then automatically track your earnings. I highly recommend Dosh as an additional source of income if you’re looking for a way to supplement your income.

To learn how to save money with Dosh and if it’s the appropriate app for you, check out the rest of our in-depth Dosh review.

About Dosh

Founded in Austin, Texas, in April of 2016, Dosh is a free cashback app. Putting money back in people’s pockets is the primary goal of the firm. A+ rating from the Better Business Bureau and a team with Amazon and Google experience ensure Dosh delivers excellent customer support to its millions of consumers. It also boasts bank-level security, including 256-bit encryption, multi-factor authentication, and other safeguards for your personal and financial information. We will never provide or sell your personal information to anybody.

How does Dosh work?

You may attach any credit or debit cards you use for shopping, dining, and traveling to your Dosh account after you sign up. Once you’ve linked your credit and debit cards, you may go about your business as usual. If you’re using a debit card connected to Dosh, make sure you swipe rather than enter your PIN; otherwise, you won’t get your money back. You’ll be notified right away if you receive any cashback through the app.

To keep things fresh, Dosh works with tens of thousands of different businesses, many of which come and go often. Cashback rates vary by retailer, but you may get as much as 10% back at some. You may also use Dosh’s hotel booking site to get 40% back on your hotel stay.

Your cashback will remain pending for up to 90 days after you make a purchase, and it will be accessible to you after that time. Your money can be withdrawn after it reaches a balance of $25. In order to withdraw your whole amount, all you need to do is add a transfer account (such as a bank account, Venmo, or PayPal). Alternatively, you might give the money to a worthy cause.

Who can sign up for Dosh?

You’ll need an internet connection on your mobile phone in order to join up for Dosh. The platform does not permit the use of VOIP numbers at this time. You must also be at least 18 years old and a US citizen to participate. Anyone can join Dosh, but it makes the most sense for regular customers of Dosh-affiliated businesses. You can make money without even having to think about what you’re going to buy.

How much cash back can you earn with Dosh?

Using Dosh, you may receive cashback based on the amount you spend. Most businesses give back 2 to 5 percent of their customers’ purchases in the form of cash, while others go as high as 10%. Dosh also gives you up to 40% back on hotel bookings. Spending a lot of money at Dosh partner retailers may rapidly pile up. Payouts are available by PayPal, Venmo, bank transfer, or contribution once you’ve earned at least $25.

Maximizing your earnings with Dosh

Dosh has a number of options for you to earn even more money:

  • Become a member of high-rewards partners. To find out which merchants Dosh is presently working with and which ones provide the greatest rewards, download the app and look around. Spending more than you typically would solely to get rewards is a waste of money. Instead, shop at the places with the best rewards and get the goods you need. Before you buy anything, make sure to check the pricing at other places to make sure they are reasonable.
  • Recommend them to your mates You’ll get an extra $5 in your account for every friend you refer. Before you may get the money, your buddy must first add a credit card to their Dosh account and complete a transaction.
  • Dosh allows you to book accommodations. It’s hard to beat up to 40% cashback on hotel reservations. Because you’ll spend a lot of money on a hotel stay, the returns might be substantial.
  • Reward credit cards can be linked. If you use a rewards credit card when shopping, you’ll also get Dosh cash back. This is a terrific technique to increase your earnings by a factor of two.
Curated posts

Someone from San Diego, CA just viewed Best Standup Meeting Tools