Who says there’s no such thing as a free lunch?
Every year businesses give away thousands of dollars in free money and gift cards as a way of promoting their websites/products. We’ve put together a list of 15 of them who will give you a ridiculous $1,823.40 in free cash right now.
Some of them are as simple as filling out a form and some of them take a bit more effort, but you can easily knock out all of them in a couple of hours.
Without further ado, here are the 15 companies giving out free money right now….
Here’s another great way to make some free cash. This one is through OptionsXpress, a Charles Schwab affiliated brokerage house where you can trade stocks and options.
From now until December 31, 2014, OptionsXpress is offering new US customers a $100 bonus when you open an Individual or Joint account and make three trades. Now OptionsExpress charges $8.95 for each trade you make, so after making 3 trades, you’ll still be netting $73.15 in extra cash. That’s like getting all of your transaction fees free AND earning $73 extra. Sweet! Here’s how to do it…
1. Open a new Individual or Joint account (IRAs, other tax-exempt, linked, or shared accounts are excluded from this offer).
3. Make at least 3 trades within 12 months of account opening.
4. The $100 bonus will be deposited into your account within one month of meeting the terms and conditions of this offer.
Read more about it here: “Look! OptionsExpress is Giving Away a Free $100 to New Account Holders“
2. Get Paid to Complete Tasks at InboxDollars.com – FREE $30.00
There are a number of sites on the web that will pay you to read advertiser’s emails, sign up for offers, and take surveys. I’ve tried about a million of them, but there are only a few of them that I would recommend. Inbox Dollars is one of those companies and I want to show you how I made $30 in a little over an hour completing offers on their site.
It’s free to join Inbox Dollars and best of all, they give you $5 just for signing up! Inbox Dollars just requires that you accumulate $30 in earnings before you can “cash-out” and they pay you by sending a check.
Some sample offers include one that asks you to sign up for a email newsletter from AMF Bowling. That pays 50 cents and takes about 15 seconds. Another offer asks you to sign up for a free account at Turbotax.com to earn $3.50. These are simple and there are nearly a hundred of them to choose from.
If you are interested in giving Inbox dollars a try, visit the sign-up page here to get started.
Read more about it here: “How to Make $30 Quickly with InboxDollars”
About a year ago, Capital One took over ING Direct and started offering free online checking accounts. What’s even cooler is that they’ll give you $50 just to open one.
I’ve already got a checking account that I’m pretty happy with, but I don’t mind opening a second one for some free cash.
Here’s how to do it:
1. Open a free checking account with Capital One 360.
2. There’s no minimum deposit with this account, but you’ve got to make at least 3 purchases with your Capital One 360 debit card during the first 45 days of opening the account.
3. On the 50th day, Capital One 360 will deposit a free $50 in your account. Sweet! For those of you who aren’t familiar with Capital One 360, they are a pretty popular virtual bank that gives spectacular interest rates. It’s completely free to open and maintain an account with Capital One 360.
Read more about it here: “Free Money Alert: Get $50 from Capital One 360”
This is another easy $20 just for requesting a prepaid, reloadable card from Netspend. I’ve tested this one and over 200 hundred readers have cashed in on this, so you know it’s a good one.
2. You will receive your NetSpend “Visa” Debit card within 10 business days. Mine made it here in 4 days.
3. Once you receive the card, simply log into NetSpend and activate it.
5. Once you load the $40.00, NetSpend will add $20.00 to your available balance on the card. I confirmed this myself with my own card.
6. Go to the ATM and withdraw the $60.00 total from your card or spend the funds at your local store, online, or wherever you can use a credit card. Yes, if you withdraw the money via ATM or cash back, you’ll be hit with the $2.00 fee for a PIN transaction or a $2.50 ATM Fee (would only be $17.50 – $18.00 bonus in this case). But, you can avoid the fee by ACH transferring it for free back to your bank
Read more it here: “Free $20 Cash for Signing Up at Netspend”
The folks over at Ebates.com, the cash-back shopping site, are giving away $10 gift cards when you sign-up as a new member. You can choose either a $10 Target, Walmart, Macy’s, or Kohl’s gift card. You need to make a $25 purchase at any of the stores on their shopping list in order to qualify for the free gift card.
I certainly don’t recommend spending $25 just to get a $10 gift card, but if you have plans to buy something online anyway, I would definitely cash in on this… Especially if you’ve got a gift card from a birthday or Christmas that needs to be spent. Look at this as a way to get a little bit extra back on your purchase.
Some of the cash-back offers I use frequently include the 3% back on iTunes purchases, 1% back on Apple store purchases, and 3% back on Target purchases. But there are a ton of stores to pick from as well.
Read more about it here: “Get a FREE $10 Target Gift Card from Ebates.com”
One of the best ways for a Penny Hoarder to make some serious extra cash is to take advantage of credit card sign up bonuses. Of course, to get the most benefit, you should have excellent credit, and you should routinely pay off your credit card in full each month so you’re not paying interest. (After all, every time you pay interest, you’re losing some of the positive effects of the bonuses.)
Just recently I received over $1,300+ in credit card bonuses by selectively choosing new cards to apply for and use. All I had to do was put my regular spending on the credit card over the course of a few months.
Barclaycard Arrival - $400 Signup Bonus
American Express Gold - $250 Signup Bonus
US Bank FlexPerks Card - $175 Signup Bonus
Chase Sapphire Preferred Card - $400 Signup Bonus
Citi ThankYou Preferred Card - $200 Signup Bonus
For those of you wondering, here’s a great article on how to do this without hurting your credit score: How Opening and Closing Credit Cards Affects Your Credit Score
Read more about it here: “5 Credit Card Promotions That Made me $1,375”
11. Take 5 Minutes and Open a Betterment.com Account – FREE $25.00
Betterment is a simple, online tool that allows anyone to invest in stocks & bonds without incurring transaction fees. It’s become pretty popular with small investors who want to start saving, but can’t afford the expensive fees you find at places like Etrade.com and Merrill Lynch. Plus, they’ll give you a free $25 just to signup!
1.) Open a free account at Betterment.com. The form takes about 90 seconds to fill out, so can literally do this while sitting in the doctor’s office or while watching television.
2.) You need to make an opening deposit of $250 or more within 60 days of opening your account. If you’re not ready to make a deposit right now, my advice is that you go ahead and fill out the Betterment promotion form today. You can always make the deposit later, but this way you’ll have the promotion locked in, just in case the promotion ends.
3.) Once you’ve deposited $250 (and waited 60 days), Betterment.com will deposit a FREE $25 bonus into your account. How easy is that? You can then withdraw your entire account balance or you can keep the $275 invested and earning interest with Betterment.
Right now this is USA only.
Read more about it here: “How to Make $25 While Sitting in a Waiting Room”
12. Open an Account at Serve.com – FREE $50.00
Serve is American Express’s version of a prepaid, reloadable card and they are offering $50 when you open a free account, sign up for direct deposit and have two direct deposits put in your account. That’s a FREE $50 for about 5 minutes of work. Sweet!
And here’s a tip: You can direct deposit a number of things besides your regular paycheck. I like to keep my paycheck going to my primary bank account, but for bank bonuses, I use other sources of income to fund it. Try to think of another place that you get monthly income from. Do you get a social security check? Insurance check? Second job income? Mystery shopping payouts? A number of the “paid-to-email” sites also offer direct deposit. I know that Fusion Cash does, because I get a nice cash-out from them on the 20th of every month.
Here’s a link to the promo page: Serve.com $50 Bonus
Read more about Serve.com here: “How to Get a Free $50 from Serve.com”
If you have a monthly prescription from your doctor, I’ve got an easy way for you to make $25 bucks a month…
Several of the national grocery and drug store chains have been know to run promotions where they will give you free cash or a gift card when you transfer a prescription to their store. For example, this month Walgreens is running a promotion where they will give you a $25 gift card for transferring a prescription to your local Walgreens.
If you can’t find a coupon for a specific location, ask your store manager if they’ll accept a competitor coupon. You can then take the Walgreens coupon (or another one that you find) and have your store match it. Lots of stores will do this including Publix and some Walmarts, CVS’s, and Rite Aids.
Read more about this trick here: “Here’s a neat trick to make $25/month if you have a prescription…“
Most of you know that I hate survey companies.
There are so many scammy sites out there and often times taking a survey is little pay for a lot of work. However, one of the exceptions I make is with MySurvey.
They’re one of the oldest online survey companies and they have an A+ rating with the Better Business Bureau.
The reason I like MySurvey so much is that they pay you for even the surveys you don’t qualify for. You see, most survey companies make you take a “qualifying survey” before you are given access to the paid survey. And if you don’t meet the qualifications for that particular survey, you earn nothing (despite the fact that you spent 5 annoying minutes answering questions).
MySurvey is different – even if you aren’t given access to the full survey, they will stay pay you for answering the questions in the qualifying survey. Pretty cool, huh? Now, you’re not going to get rich answering surveys, but it can be a fun way to make an extra couple hundred dollars a year. Heck, I do them as I’m watching TV. Each survey pays differently, but on average I earn an extra $15/month for taking a few surveys.
Signup for MySurvey.com here. (USA only)
Read more about it here: “The 9 Best Survey Sites to Make Extra Money”
Motif Investing is unique among online brokers, because instead of picking individual stocks, you invest in a cluster of stocks (usually 20 to 30) from a similar field. Sort of like a mutual fund, but the motifs range from Clean Energy, to Republican Companies, to Healthy and Tasty, to Obamacare. Basically any interest you have or trend you’d like to invest in can be found on Motif…
Even, better they’re giving away a ton of cash right now. If you open a new account and make one trade, you’ll earn $50. Make 3 trades, and you’ll earn $75. Make 5 trades, and you’ll earn $150!
Now Motif charges $9.95 for each trade you make, so after making 5 trades, you’ll still be netting $100.25 in extra cash. That’s like getting all of your transaction fees free AND earning $100 extra. Sweet! Signup here - Free $150 Motif Promotion.
Read more about it here: “How to Make $100 This Week with Motif Investing”
There you have it. If you’ve finished the list, you’ve just made $1,823.40 in FREE money.
Feel free to take the weekend off.
Good luck Penny Hoarders!
Note: we want to be up front with you on this – we may have a relationship with some of these companies. While we genuinely recommend them, we do want you to be aware that they’re a sponsor and are helping to grow The Penny Hoarder as a community.