Caden App Review – Is This Data Sharing App Legit & Safe?
Caden is a legit passive income app that lets iPhone users get paid for the data they share. And this startup is one of the newest players in the data collection space, having raised $15 million in its Series A recently.
But is Caden legit? And how much money can you get for sharing your data with this app?
Our Caden app review is covering how it works, if the app is safe, and what to expect in terms of earning potential.
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Key Takeaways:
- Caden pays you for sharing data about the apps and services you use
- It's free to download for iOS
- Users earn approximately $4 to $15 per month
- You cash out via Stripe after earning $40 worth of points
Is The Caden App Legit?
Caden is legit and lets you get paid for your personal data. The app also has a 4 star rating on the Apple App Store with over 1,100 ratings, making it one of the most popular apps in the industry.
Caden's entire mission is to help people monetize their data. And Caden's parent company, AnthologyAI, uses the data Caden provides for its consumer insights and predictions platform.
If you're looking to earn passive income as a beginner and are okay with sharing your data, Caden could be for you. If you don't like the idea of sharing data to earn, skip this app.
What Is The Caden App?
Caden is a market research company that pays consumers for sharing data about how they browse the web and the different products/services they use.
Its slogan on the App Store is “safely make money on autopilot.” And this is the entire premise of the app; it lets users earn rewards by sharing data with Caden without having to lift a finger.
According to Caden: “companies pay Caden to study trends in consumer behaviors. We pass these earnings along to you…We remove all your personally identifiable information and use Zero Trust Encryption technology. Your anonymized data is grouped with data from similar users, and it can never be tied back to you.”
In other words, Caden anonymizes data to help maintain your privacy. So, nobody will know that you, residing at your address, spent 3 hours on Netflix watching reruns of My Little Pony. But they will know that someone did…and that’s all they need to know.
This is similar to passive income apps like Nielsen Panel and MobileXpression. Overall, it's an exciting way for consumers to finally get paid for their data, which has historically been collected anyways without compensation.
How Does Caden Work? – Getting Started
You can download Caden for free on the Apple App Store. At this time, there's no Android or Desktop version.
Once you sign up, you have to create a passcode for your Caden vault. This is the secure part of the app that holds your data. You also answer some demographic questions to set up the vault, including your:
- Zip code
- Employment
- Marital status
- Level of Education
- Household income
You also have to verify your identity to use Caden. This requires submitting your full name, address, birthday, and the last four digits of your SSN. Thankfully, you don't need to take any pictures of your license or passport.
Finally, Caden has additional questions you can complete to finish setting up your vault. This includes different graphs, like your spending graph, location graph, media graph, and retail graph.
All of these questions are designed to help Caden understand you so it can categorize your data more accurately. Setting up your account should take 5 to 10 minutes in total, and then you're ready to connect various accounts to earn!
Adding Caden Connections
The main way to earn money with this side hustle app is to add Caden connections. These are permissions for Caden to harvest data from different apps or services you use on your phone.
You earn one-time point bonuses for each account you connect. The fastest way to earn is to connect as many accounts as possible. Examples of popular Caden connections include:
- Target (1,000 points)
- Walmart (1.000 points)
- Spending (your bank account, credit cards…4,000 points)
- Location (1,000 points after 30 days)
- Netflix (500 points)
- Uber (500 points)
- Amazon (was currently on pause)
- AirBnB (500 points)
Connecting apps to your Caden account is pretty easy. You just need to log into each app through Caden's prompts. Caden then verifies the connection on the back end, which takes about 24 hours.
Once you finish connecting apps, Caden then pays you a daily data dividend. These daily points are your payment for sharing data across all your Caden connections.
Most users earn about 100 to 500 points per day, or $0.10 to $0.50 per day. Not bad considering this is free money just for sharing your data.
Plus, as you connect more accounts/services, your “data score” improves. The score is out of 1,000. The higher your data score, the more points you can earn. Caden isn't very transparent about the exact formula, but more connections should put more money in your pocket.
Finally, Caden occasionally prompts you to answer in-app surveys for more points. These won't pay as much as standalone cash survey sites, but it's a nice touch. And you can even earn a $2 referral bonus by inviting up to 4 people to join Caden with your referral link.
How Much Does Caden Pay?
Caden pays most users anywhere from 100 to 500 points per day, which works out to about $3 to $15 per month. How much you earn ultimately depends on how many connections you add and your daily data dividends.
Caden even says on the app store that people can redeem points for cash in as little as 45 days. This isn't too bad, especially since Caden is basically paying you for doing nothing except using your phone like you normally would.
There aren't other ways to consistently earn. If you're looking for a get-paid-to app, you're better off using something like Freecash or Swagbucks. But for passive earnings, Caden is pretty great.
Just keep in mind: you need to keep Caden running in the background of your phone. This lets the app continually share data so you get your daily data dividend.
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How Does Caden Pay You?
Caden requires 40,000 points, or $40, to cash out. It says users can earn this much in about 45 days, so expect to get paid in one or two months with this app.
When you're ready to cash out, Caden pays you through Stripe. This means you're getting real cash in your bank account, not free gift cards or sweepstake entries.
Pros & Cons
Pros:
- An easy app for earning passive income
- Pays you with real money
- Pays more than many similar apps
- Easy to use
- You can use the new Caden AI tool to ask questions about your spending habits and other consumer data points
Cons:
- High cash out threshold
- Caden is only available on iOS
- You have to be comfortable sharing your data for this app to be worth it
What Are The Best Apps Like Caden?
We think Caden is a top passive income earner. And it also pays more per month than many of its competitors. However, it's iOS only. Plus, you can stack plenty of similar apps to earn even more.
Some of our favorite apps like Caden include:
- Nielsen Panel (our #1 pick)
- Bridge Money
- Pogo
- Dosh
- MobileXpression
- Gener8
- Pawns
- Honeygain
I've also made a video covering some other top passive income earners you can use alongside Caden. If you want to earn money online for free, all of these apps can help you get started!
Is Caden Worth It?
Caden is worth it if you want an easy way to earn passive income and are comfortable with sharing your data. In contrast, it's not worth it if you prefer keeping your data more private or you're looking for a high-paying side hustle.
Caden is still one of the highest paying apps in the data sharing space. But don't expect more than $5 to $15 per month or so with this app.
Who Can Sign Up?
Caden is available in the United States and is free to download on iOS. You can sign up if you're 17 or older. At this time, Caden isn't available on Android or Desktop.
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Is There Customer Service?
You can submit an email help ticket through the FAQ on the app.
Is Caden Safe?
The Caden app is safe and takes numerous steps to protect user data. For starters, it anonymizes data to maintain privacy. It also lets you control how much data you share and which apps or services you connect. However, the app collects a lot of data and shares this data with AnthologyAI.
Final Thoughts
Caden is one of the newest apps that pays you to install it. And considering its AI parent company, founder, and recently Series A raise, it doesn't seem like this app is going anywhere anytime soon.
Ultimately, this is a fun passive side hustle you can try if you have an iPhone. And as long as you're comfortable with sharing your data, you can probably earn $50 to $100+ per year from this app, all on autopilot.
Want even more ways to make money? Checkout:
Caden App Review
Name: Caden
Description: Caden is an iOS app that pays you for sharing data about the apps and services you use.
Operating System: iOS
Application Category: Passive Income Apps
Author: Tom Blake
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Earning Potential
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Ease-Of-Use
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