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Get rewarded for getting fit

The buzz around the office is there is an app. that rewards you with local and online deals for running about, working out and basically sweating! As you know, we’re not ones to pass up a freebie so we thought we’d find out a bit more about it and share it with you.

The Sweatcoin app is available on both Apple and Android app stores for free. It tracks the number of steps using your phone’s built-in sensors and uses ‘complex software’ to make sure people aren’t cheating. It then rewards you with a digital currency called ‘sweatcoins’ that can be redeemed with retailers like Amazon, Fitbit, Thomas Cook Holidays, Samsung TVs etc.

1,000 steps coverts to 1 Sweatcoin, so in principle if you do an average 5,000 steps per day outdoors (you don’t get rewarded for indoor steps) you could earn up to 5 Sweatcoins per day. At the time of writing the blog you would need 100 coins for a £15 Charmz Bracelet credit and 20,000 coins for an iPhone X or Samsung Curved TV. Unless you upgrade to the paid for version the maximum amount of steps that will count is 5,000 (20,000 if you upgrade), but bear in mind before you upgrade, how many steps you do outside, as these are the only ones that count on this app.

It’s pretty easy to download. It asks you for some basic registration information like your name, email and mobile phone number and then just calculates your steps in the background. If you have made a resolution to get fit and are doing a daily run or brisk walk, or you have a dog that you walk a couple of times a day, why not get rewarded for what you are doing anyway.

Sweatcoin isn’t the only app that rewards you for exercising. Check out Pact, Perkville and Walk for a Dog by Wooftrax. Happy exercising!

TFS Loans are specialist Guarantor Loan lenders. We offer Guarantor Loans from £1,000 – £15,000 for a range of purposes including large purchases like cars, home improvements, weddings and other events, debt consolidation and for start-up/small businesses.

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