How Does Bright Bucks Work?

An executive in Minneapolis, Minnesota, Michael VanErdewyk has broad experience in the areas of leadership, management, finance, sales and marketing, and operations. After working for 13 years as the CEO of a private student loan insurance company, Michael VanErdewyk founded the fin-tech mobile app platform Bright Bucks, to be available for free in the Google Play Store and Apple App Store in June 2021.

A purpose-driven app designed to help members earn money, Bright Bucks lets its members earn cash to pay off bills, reduce debt, and give back to non-profit charities. The platform is marketed to businesses who in turn offer Bright Bucks as a benefit to their members and customers to pay bills or debt, save or donate back to a non-profit. Members can monetize their own data by completing online tasks such as taking surveys or quizzes, download apps and games, free trials, consumer research, market research, watching videos and ads, writing reviews, and more. Additionally, members can shop as usual and earn extra rewards ranging from 1 to 20 percent cash back at participating merchants. Members can then choose from a robust set of redemption options on where to direct the funds.

Because they earn cash instead of points, users can easily transfer their balances to their bank accounts, as well as send funds directly to pay designated amounts on a loan or bill. Members can also transfer their earnings to certain non-profit charities.