Dosh Review: Like Free Money? Download This (2019)

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This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Dosh Review: ★★★★★
Sign Up For A $5 Bonus

  • Dosh review: What We Love
    • No uploading pictures of receipts
    • Quick setup: can link cards in-app
    • You earn $5 for every card you link
    • Cashback can be up to 10% or more
    • No points, coins or “bucks”–just cash
    • Works at tens of thousands of stores
  • Dosh Review: Where To Improve
    • Minimum payout of $25
    • Support gets really busy

Cash back apps are some of the best apps to have, as you’re about to discover in this Dosh review.

That’s because you can earn a percentage back on every dollar you spend on things you have to buy anyway, like gas or groceries.

Unfortunately, most people don’t take advantage of these rewards like they should. Let’s use credit cards as a quick example.

Approximately $16 billion worth of rewards go unredeemed each year!

This, according to a 2011 Colloquy study reported in Kiplinger.

The average household that’s active in a loyalty program earns $622 annually, according to the study.

Put in perspective, that’s $205 a year in money just left on the table. “That’s enough to buy an airline ticket or purchase a week’s worth of groceries…” they added.

Could you use an extra $205?

Insert the Dosh app.

You’ve heard of it–otherwise you wouldn’t be here–and that’s for good reason. Unlike some cashback credit cards and cashback apps, Dosh issues those rewards to you, automatically, all without having to haggle with the credit card company, wait 4-6 weeks or waste time converting “points” into cash.

Here’s what it is and how it does it:

What Is The Dosh App?

Dosh is a free cashback app company based in Austin, Texas.

It was founded by Ryan Wuerch and Mike Lohner as Dosh Holdings, Inc. in April 2016.

It’s supported on Apple devices and Android devices, and allows you to get paid for shopping with any of the tens of thousands of merchants supported on their platform.

We’ve reviewed many popular cashback apps (check out our Paribus review and Honey review).

Dosh reigns supreme in the cashback app world.

With executives from companies like Google and PayPal, and merchant partners like Walmart and Applebees, the Dosh app is the best cash back app out.

For the rest of this Dosh review we’re going to explore how Dosh works, answer “Is Dosh legit?” (which it is, but you’ll see why), and also learn some Dosh pros and Dosh cons.

How Does Dosh Work?

With Dosh, you download the app, connect debit and credit cards and, just for shopping, you will get cash back on purchases and travel, should offers be available.

Download the Dosh app and your connect Visa, Mastercard and/or American Express debit and credit cards, then shop using your connected cards.

Dosh will pay you $5 for every card you link + for every friend you refer.

Once your card is linked with the Dosh app, you’ll get up to 10% cash or more back in your “Dosh wallet” on eligible purchases.

They work with tens of thousands of merchants, and if you regularly shop at any, it’s 100% in your best interest to sign up.

Why leave money on the table?

Then, once your cash balance in your Dosh Wallet reaches $25 or more, you can transfer it to your bank account, PayPal account–or even donate to charity–all from within the app. Best of all, there’s no scanning or taking pictures of receipts involved. Just shop like normal and save.

The amount of cash back you’ll receive will depend on the retailer you shop from and their agreement with Dosh. Examples of Dosh stores include:

  • Sally Beauty: 11.2% Cash Back
  • Walgreens: 6% Cash Back
  • PetSmart: 4.5% Cash Back
  • 3% Cash Back

As another example, when their partnership with Forever 21 launched, customers received an automatic 10% cash back if they made a purchase over $100.

Partnerships like this are a huge win for consumers like you and me, hence why this Dosh review is so positive. It sells itself.

Is Dosh App Legit?

Given an “A” rating by the Better Business Bureau, and featured everywhere from Forbes to TechCrunch, Dosh is one of the most legit apps out–period.

Valued at a staggering $240M, it’s so legit in fact that former executives at Electronic Arts, PayPal, Conde Nast, Google and Nike jumped ship to join the company. Their partners include some  of the biggest names in retail, from Walmart to Forever 21 and others. “Dosh is the holy grail of marketing” raved one Brand Media Manager at Firehouse Subs.

Stats like this are why this Dosh review was an easy five stars.

If only every company was like this, right?

Dosh is the only free cash back application that actually sends you a small percentage of cash back without a hassle. Other applications reissue you the cash back in the form of points, take forever to issue your money (some cashback apps only pay you four times a year!), but Dosh has one of the lowest payout thresholds.

Dosh App Cons

Let’s start with the cons first, since you’ve read so much positive information on the app.

Besides, virtually everything has a downside, and the Dosh app is no exception.

However, these downsides have very little impact on the function of the application. Rather, they’re simply areas that could be improved.

You can only withdraw your money if you reach $25.00 or higher.

Anything less and the app won’t let you cash out. If you’re in a pinch and need that quick cash, you won’t be able to transfer it unless you get to the minimum threshold.

You can only be registered with one cashback app.

If you’re trying to be a really savvy saver, the downside here is that you cannot have more than one cashback app like Dosh linked to the same card.

There could be many reasons for this, mainly that consumers would be able to “double dip” from Dosh’s merchants, getting double cashback for the same purchase–a great deal for consumers, but not for the businesses, so hardly a win-win. For more information, you can consult this Dosh support ticket page.

Dosh App Pros

Friends help friends for free but with Dosh, you get rewarded for it. Sweet deal, I know.

The application does all the hard work for you.

For each friend you refer to Dosh, you receive $5 free.

You don’t have to scan receipts or do any extra work. Just shop as usual and as you spend money, you’ll make money. Another headache you avoid with Dosh is the loss of information. Because it’s linked directly to your card, there’s always a record of the transactions with you, your bank and Dosh, versus you having to keep scanning receipts that easily get lost.

Should I Sign Up For Dosh?

The short answer is, if you shop with a debit or credit card, yes, you absolutely should.

Dosh works with tens of thousands of retailers, and, if you do shop at any of them, you’re leaving money on the table without it.

Why do that? It’s also fast, easy and free to use. Plus you can make great money pretty quick. Especially if you shop a lot.

It’s a legit business with a lengthy track record of doing right by it’s merchants and users (and Dosh employees love it, too!)

Download Dosh

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