But, while most reward apps pay you with things like PayPal cash<\/a> or free gift cards, one company is paying out a different type of rewards: fractional stocks.<\/p>\n The Bits of Stock<\/a> app is a newer reward app that's trying to let consumers earn stocks at the companies they shop at.<\/p>\n This is definitely a cool vision, and if you want to see if this app is legit and worth your time or not, our Bits of Stock review is for you.<\/p>\n Bits of Stock is a mobile rewards app that began in 2016.<\/p>\n The app is owned by Emcee Invest, and the app is currently available for users in the Netherlands and the United States.<\/p>\n Bits of Stock is different from most reward apps because it's goal is to let users earn fractional shares at the companies they shop at<\/strong>.<\/p>\n In my opinion, this is\u00a0much\u00a0<\/em>better than just getting free money<\/a> or gift cards since fractional shares can appreciate in value, earn dividend income, and help you grow your wealth.<\/p>\n However, Bits of Stock is a newer, smaller company in the rewards space, so this app has a while to go before it's the same size as apps like Dosh<\/a> or Drop<\/a>.<\/p>\n With that in mind, let's jump into how to sign up for this app, how you can earn fractional shares, and some of the ups and downs of this growing rewards app.<\/p>\n If you want to earn fractional shares using the Bits of Stock app, the process works in six simple steps:<\/p>\n Let's cover each section in a little more detail!<\/p>\n Bits of Stock is available for free for Android and iOS.<\/p>\n To sign up for the app, download Bits of Stock and create an account with an email and password.<\/p>\n You don't need to provide more information than this at the get go, so you can get started with Bits of Stock pretty quickly.<\/p>\n Many reward apps require linking your bank account to the app so the app can track when you spend money at eligible companies to pay you rewards.<\/p>\n This is very standard in the world of reward apps, and\u00a0Drop<\/a>\u00a0<\/strong>and plenty of other apps do this.<\/p>\n So, to use Bits of Stock, you have to link your bank account to the app.<\/p>\n Bits of Stock lets you link to hundreds of banks, including<\/p>\n In a nutshell, if you bank with a decently sized bank or major bank, you won't have any trouble linking to Bits of Stock.<\/p>\n Bits of Stock states it uses “256-bit encryption and never stores your log-in details.”<\/p>\n The company also states it doesn't sell your data or store your credit card or banking information.<\/p>\n I suggest reading Bits of Stocks' legal documents<\/a>. Specifically, always read the terms of service and privacy policy of any reward app you use to see if you're comfortable with the data that's being collected.<\/p>\n Bits of Stocks' main goal is to let you earn fractional shares by shopping in-store and online at their brand partners.<\/p>\n On paper, this is pretty cool: you simply link your bank account, shop at Bits of Stock partners, and you should see fractional shares appear in your account within 24 hours.<\/p>\n Now, since Bits of Stock is a smaller app in the space, it's historically had around a dozen or so brand partners you can earn rewards from<\/strong>.<\/p>\n Some examples of partners include:<\/p>\n Again, this is fewer partners than you'll find with other reward platforms like the Pei app<\/a> or Bumped<\/a>, which also pays you in fractional shares for shopping.<\/p>\n Typically, Bits of Stock partners with brands that pay 0.50% back in the form of fractional shares<\/strong>.<\/p>\n However, it's important to note that brands can change, so you shouldn't expect the same company to stick around in the app forever.<\/p>\n Rates are also subject to change, so keep this in mind!<\/p>\n A recent change with Bits of Stock is the introduction of Bits Offers, which are essentially one-time purchases you can make from sponsored brands to earn bonus fractional shares.<\/p>\n This is the same concept shopping browser extensions<\/a> like Rakuten<\/a> use to let you shop at various brands to earn cash-back rewards.<\/p>\n However, one\u00a0major\u00a0<\/em>downside and recent change with Bits of Stock is that new users to the app can only earn fractional shares with this method, at least according to recent Reddit threads<\/a>.<\/p>\n In this thread, user MadyJustForFun says: “For those who have recently gotten off the Bits of Stock waitlist or are hoping to soon, I have some unfortunate news. The app now only has click-through offers to earn stock with and no longer offers in-store methods of earning for new users.”<\/p>\n Now, this user was told that the earn with active brands option may return in the future for new app users.<\/p>\n But, for now, it seems like this option is only available for legacy Bits of Stock users.<\/p>\nWhat Is Bits Of Stock?<\/strong><\/h2>\n
![\"Bits-of-Stock\"](\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Bits-of-Stock.jpg\")
<\/p>\nHow Does Bits Of Stock Work?<\/strong><\/h2>\n
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1. Sign Up<\/strong><\/h3>\n
![\"Sign-up-Bits-of-Stock\"](\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Sign-up-Bits-of-Stock.jpg\")
<\/p>\n2. Link Your Bank Account<\/strong><\/h3>\n
![\"Bits-of-Stock-choose-bank\"](\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Bits-of-Stock-choose-bank.jpg\")
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3. Earn With Active Brands<\/strong><\/h3>\n
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![\"Bits-of-Stock-earnings\"](\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Bits-of-Stock-earnings.jpg\")
<\/p>\n4. Complete Bits Offers<\/strong><\/h3>\n
![\"Bits-of-Stock-Reddit\"](\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Bits-of-Stock-reddit.jpg\")
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![\"Brokerage-account-Bits-of-Stock\"](\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Brokerage-account-Bits-of-Stock.jpg\")
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