(To noone’s surprise) the Drop app is imploding

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Last week, I wrote about a new mobile app called Drop which promised to work similar to a cashback portal where you earn points by making purchases at certain stores.

(READ MORE: New app giving rebates for purchases at Amazon, Walmart, Target and more!)

The difference is that similar to programs like Visa Savings Edge you log in with your credit card information, Drop tracks your purchases and gives points at specific merchants

If you’d like to sign up, you can use my referral code icgjk to sign up.  You’ll earn 1000 points (~$1 in GCs) if you sign up and so will I.

The beginning of the end

Even when I wrote about it, I didn’t feel like this was a sustainable situation.  While some of the stores seemed to indicate there could be some potential for…

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