What Is Karma?
Karma is a smart shopping rewards platform where members can earn cashback, get notifications for products (incl. price drops and restocks), find coupons automatically, and more. Founded in 2014, the platform claims to have saved its member over $200M.
General Details 📜
|Helps You:||Make Money Save Money|
|Opportunities:||Cashback Online Shopping Savings Price Drop Savings Promo Code Savings Sweepstakes|
Contact Info ☎️
|Socials:||LinkedIn • Facebook • Instagram • YouTube • TikTok|
|Emails:||firstname.lastname@example.org (for support-related issues) • email@example.com (for ads and partnerships inquiries) • firstname.lastname@example.org (for applying to job opportunities) • email@example.com (for PR-related concerns) • firstname.lastname@example.org (for general chat)|
|Support Pages:||Knowledge Base|
Company Details 🏢
|Legal Name:||Karma Shopping Ltd.|
|Also Known As:||Karma Now, Karma Shop, Karma Shopping, Shoptagr Ltd. (former)|
|Founders:||Jonathan Friedman • Ronen Yuval - Hoch|
|Headquarters:||Tel Aviv, Tel Aviv, Israel|
Who Is Karma For?
Karma is for those who often shop online that are looking for ways to save money, optimize their shopping, and get cashback on their purchases.
|Minimum Age:||18 years old|
|Supported Languages:||Deutsch, English, Español, Français, Italiano |
|Supported Devices:||Computer, Smartphone, Tablet, Android Phone, Android Tablet |
How Does Karma Work?
Karma Shop members can sign up for free and earn cashback by shopping online via the platform. There are also other features that help members save money and shop smarter, like price drop alerts. After accumulating $30, Karma Cash can be redeemed for actual cash via PayPal.
Key Points 🔑
Karma's cashback earnings can be considered semi-passive if you either use the browser extension or get in the habit of shopping through the platform for cashback.
Karma Cash will expire if you fail to redeem it within 12 months from the date it was added to your account.
|Payout Speed:||90-100 days|
Karma Cash may be withdrawn 90 days from the date of purchase, so long as the item(s) are not returned or exchanged. Payouts can then take up to 10 business days to process.
|Sign Up Bonus:||$5 + another $5 after you make your first qualifying purchase.|
|Other Notes:||You can only store a maximum amount of $75 in your account. Karma may request for proof of a qualifying purchase, so best to keep the receipts. Failure to show the receipt requested can invalidate any rewards.|
Pros and cons are based on real Karma Member reviews.
Getting Started 🔢
Becoming a Karma member is free. To get started, head over to the platform's website or download the app and create an account. You can sign up via Google, Apple, or Facebook, or you can sign up via email.
Sign up bonus: $5 + another $5 after you make your first qualifying purchase.
Earning and Saving Money 💵
The primary way to earn/save money with Karma is by shopping online. By shopping through the platform at partnered stores, you'll earn cashback automatically.
Karma can also help you save money with:
- Wishlists. Save your favorite items from over 100K+ stores worldwide by creating a wishlist. You can make as many as you want and share them with friends.
- Price drop and restock alerts. After adding items to one of your Karma wishlists, the platform will monitor and let you know when price drops or restocks happen on those items. You can also view an items price history at any time.
- Promo codes. When checking out, Karma automatically searches for and finds coupon codes to help you save. The browser extension will do this automatically, but you can also find coupon codes on the site or app.
- Deals. Instantly compare products from different retailers to get the best deal when shopping online. This feature is available via the browser extension's "Discover More Offers".
Occasionally, Karma will also run giveaways on their social media pages. Keep an eye out for those for the chance at some extra rewards.
Cashing Out 💰
Once you have at least $30 in your balance, you can cash out your Karma earnings via PayPal.
After cashing out, you can expect to receive your Karma payout in 90-100 days. (Karma Cash may be withdrawn 90 days from the date of purchase, so long as the item(s) are not returned or exchanged. Payouts can then take up to 10 business days to process.)
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