Item: Prograd
Rating: 3.9
Author: Tom

Prograd is a unique discovery rewards website that helps people find new side hustle ideas while also improving their financial literacy.

Prograd is already popular in the UK, with 250,000 users who have collectively earned £3,00,000. And it's now launching in the United States and continues to help its members improve their finances.

But is Prograd legit? And should you sign up for this site?

Our Prograd review is covering how it works, its earning potential, and how to ultimately decide if this site is worth it for you.

Key Takeaways:

Prograd helps members discover new side hustles
It's free to join and is available in the UK and US
You can also get paid to learn financial lessons and to practice investing
Members cash out Pro Points to PayPal
This is a legit and fun discovery rewards website

What Is Prograd & What Does It Offer?

Prograd is a gpt site that also lets members earn by learning different financial lessons. And the premise behind the platform is to match its users with the best side hustles and financial opportunities that match their goals. It launched in the UK in 2020 and has since expanded to the United States.

You can join Prograd for free in both countries if you're 18 or older. The onboarding process is simple and asks you several questions, including:

How much do you want to make per month?
When is your birthday?
What is your 9 to 5 job?

Prograd uses this information to tailor the experience to you by recommending the best gig apps, hustles, saving tools, and online jobs. After answering these basic questions, Prograd prompted us to input an email and password. Check both boxes if you want to receive emailed offers and notifications.

1. Prograd Drops

One of Prograd's main features in both the UK and US is its “Drops” system.

Prograd Drops are basically a list of side hustles and financial opportunities that Prograd shares every day at a certain time. The layout of these drops is essentially a slide deck you can shuffle through, swiping on the hustles you like or dislike. It's almost like a dating app!

Each slide outlines the side hustle, its earning potential, and a star rating. There are also based that highlight information like earning potential, effort required, offer category, risk level, as well as some pros and cons.

This idea is similar to our side hustle database. And it also shares many side hustle ideas we've covered here on WebMonkey before. Some of the slides in our first few drops included:

Branded Surveys: Give your opinion, $50/month + 19% bonuses + 200 points.
Freecash: Test new games and apps, $30/month + 525 points.
Kashkick: Earn rewards for playing games and get 400 points.
FlexJobs: Find high-paying remote jobs and get 500 points.
Swagbucks: Earn $35+ per month and get 100 points.

If you click on an offer, it also shows you more information and how to sign up. Plus, Prograd pays you with Pro Points if you complete certain tasks. These points are redeemable for real cash, which I'll cover later, but it's nice you can find new earning opportunities and get paid for doing so.

Just take a look at the Freecash example for an idea:

You can earn up to 525 points by trying out Freecash and completing some offers, like playing cash games. This is worth $5.25; not bad when you consider Freecash also lets you earn free money for completing fun tasks.

Overall, I found that Prograd's earning estimates and information was pretty realistic. And I like that it doesn't exaggerate earning potential.

2. Learn & Earn

Another section of the Prograd App is exclusively geared toward financial literacy. In this Learn & Earn section, you can click on learning paths to develop your money-related knowledge base. Here are a few of the classes we saw:

How to Start Investing (1000 Pro Points)
Introduction to Crypto and Web3 (1000 Pro Points)
Earning More (100 Pro Points)
What’s a Budget (100 Pro Points)
Improving My Credit Score (100 Pro Points)
Navigating Car Financing and Ownership Costs (500 Pro Points)
Understanding Mortgages and Homebuying (450 Pro Points)
Retirement Planning and Pension Schemes (400 Pro Points)

As you can see, these are some basic “adulting” topics about money management. And I like that you can learn about income investing, navigating debt, crypto, and figuring out how to save more money. Plus, you can earn about $30+ in points if you complete all the modules and some offers along the way.

In the words of Robert Kiyosaki (author of Rich Dad, Poor Dad), “The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.” And, you’ll also earn some ProPpints as you learn.

3. Investment Simulator

If you want to learn how to invest, Prograd has an Investment Simulator tool you can try.

This tool lets you invest up to 30% of your Pro Points to use in a paper trading simulator. In other words, you're using your points to practice investing without any real monetary risk. You can choose what “assets” you want your points invested in, like:

Bitcoin
Ethereum
Amazon
Netflix
Starbucks
S&P 500
FTSE 100 (a UK stock index)
Prograd

As you can see, some of these are stocks, some are crypto, some are commodities (gold), and some are index funds (S&P, FTSE 100). Prograd isn't a publicly traded company, so your simulated investment in Prograd is comparable to that of a private equity investor.

You can buy fractional shares of each investment, and investments are priced to represent their actual market prices in the real world. For instance, when we signed up, Amazon was worth 186 Pro Points (to match the $186 share price on the NYSE).

You can see some light stats about your investments, such as the percent increase for that week. If you click on assets to invest, you’ll see a brief description, along with badges that provide key info: blue chip, startup, industry, and risk level, to name a few.

The purpose of the simulator is to show you the long-term power of investing for the future. However, as an added bonus, your Pro Points will actually grow. And since Pro Points are redeemable, you can actually make some real money on this simulator.

This is a pretty cool way to potentially earn passive income. Although I still think you're better off investing in real income generating assets or using a real trading platform like Moomoo or Stash to put your money to work.

The Best Passive Income Earning Apps.

Prograd Pro Points – Cashing Out & Rewards

You can cash out Pro Points for free PayPal cash. You need 1,000 Pro Points to cash out $10, so 100 Pro Points is equal to $1 of real money.

You have to verify your identity to cash out. Additionally, payments take 4 to 5 business days to process. However, I love that Prograd lets you cash in your Pro Points for real money, not just gift card prizes or sweepstake entries.

You get 100 points when you sign up, so there's a little sign up bonus. And completing Drops or investing your points helps you earn more.

Overall, this is a pretty innovative system for a gpt site to have. A $10 redemption minimum is a tad high but is in-line with companies like InboxDollars and Surveoo.

Also note that both Prograd UK and Prograd US offer PayPal payments.

Is Prograd Legit?

Prograd is legit and lets members discover new side hustles while earning rewards in the process. It also has a 4.5 star rating on Trustpilot and over 1,100 reviews. Moreover, only 8% of reviewers gave it less than 3 stars.

Most of these Prograd reviews come from Prograd UK users. Prograd US is still expanding, and I've noticed some of the offers aren't the best, or that there's a smaller bank of offers right now. But as the platform grows and adds more opportunities, it should only improve.

The Best Free Money Apps Paying Instantly.

How Much Can You Earn With Prograd?

How much you earn with Prograd largely depends on how many Drop offers you complete. But with a bit of effort, making $10 to $25 per month in points from Prograd should be pretty realistic. Plus, by completing all the learning modules alone, you could earn 3,650 points or $36.50!

The investment simulator is also cool. I like that you can earn money on autopilot by reinvesting your points instead of just cashing them out immediately.

However, the main earning potential with Prograd comes from finding new side hustles. It can connect members to legit paid survey sites, gig apps, online work, and paid to play games. And with these hustles, you can definitely increase your monthly income.

Pros & Cons

Pros:

Numerous side hustle opportunities are released daily
You can get paid to improve your financial literacy
Cash out Pro Points for PayPal cash
Innovative investment feature to earn passive income
Honest side hustle data

Cons:

There's no Prograd app yet
Prograd is only available in the UK and US right now
The sign up process can be a bit buggy
Prograd US has limited offers right now

The Best Websites Like Prograd

We think Prograd is a fun and unique way to find new money-making methods. But you can also try out several Prograd alternatives that pay you to earn, including:

Freecash is our number one pick overall. But you can use several of these platforms to earn money online for free while having some fun along the way.

Is Prograd Safe Or A Scam?

Prograd isn't a scam and helps its members earn rewards and discover new income opportunities. We also “double-dipped” and signed up a second time on the UK site, just to poke around. The UK site has even more features than the US version, which makes us optimistic about how the American app will develop. Incidentally, the rewards exchange ratio on the UK version is also 100 points for one pound.

The Best Money Making Apps Without Investment.

Is There Customer Service?

There is indeed email-based support. Send a message to [email protected]. We don’t have word on the turnaround time, but typically (based on similar sites) you should expect a reply in 24-48 hours. As Prograd expands, we can imagine they will introduce a more robust chatbot feature.

Who Can Sign Up?

We could not find this info in the FAQ, but we played around with some signups and found that even a 16-year-old could sign up. However, you need to be 18 to open a PayPal account in the US. When you cash out your Pro Points, you have to verify yourself. That said, it would seem that while teenagers can sign up for Prograd, only legal adults can really earn.

The Ultimate List Of High-Paying Apps.

Final Thoughts

I hope this Prograd review helps you decide if this discovery rewards platform is worth signing up for.

We're definitely fans of what the company is doing. Getting paid $36 just for learning about personal finance is a great start. Being able to invest your rewards and have the output match actual investments is also awesome.

Cons: the “drops” or suggestions may contain some “old news” to veterans of the side hustle game. Some features still seem a little buggy on desktop play, and no app yet. There was no Prograd referral code we could find (as of yet), which is typically a staple way to make additional passive income with these side hustle apps.

But if the UK version is any indicator, it seems that Prograd’s US version will continue onward with some exciting developments like more rewards and even professional development tools.

Get started with Prograd!

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