We're always on the look out for new ways to earn money. Even better when it can be done on your smartphone as it means being able to earn while on the go or during your lunch break. Spare5 is the latest app that I will be reviewing; a great way to earn cash quickly.
How does Spare5 work?
Spare5 is an app available on both iOs and desktop. The way you earn money is through completing short micro-jobs from anywhere using your phone. The tasks vary from image tagging tasks (viewing items and then coming up with suitable tags), guessing the price of items or selecting the most appropriate tags (from a list) for that picture. The tasks only take a few seconds to complete. They're also very flexible: allowing you to stop and start as often as you need to.
When you first sign up you won't see any jobs available until you complete a short survey and provide a bit more information about yourself. Once approved, you will see a selection of jobs available.
Payment threshold and method(s)
The minimum payment threshold is very do-able at only $1! It is paid out every Friday via PayPal. If you haven't managed to earn that $1 yet, your balance will go onto next week; nothing is lost don't worry!
After a while, you'll get the option to invite your friends through a link. You are rewarded as follows: “Each time your friend earns $10, you'll get a $2 bonus, and your friend will get an extra $1. This runs through your friend’s first 180 days or their first $100 in earnings (whichever comes first).”
The app seems very reliable and quick paying. Their threshold payment is very manageable and the tasks are quick and much less tedious than surveys. There's also a good opportunity to earn some money through referring friends so this app deserves a high rating.