When John Miller signed up for Instacart, he had no idea how lucrative the work would be.
“An Instacart shopper can earn up to $1,500 a week,” he said. “And you can set your own schedule.”
If you’re looking for a well-paying side gig, delivering groceries as an Instacart worker can be a great option. The work is easy, and the pay can be excellent.
Instacart is the perfect solution for those looking to earn extra cash outside of their full-time jobs. If you’re interested in signing up, this Instacart review has everything you need to know about the job.
What is Instacart?
Instacart is an on-demand grocery delivery service. Users place orders for food and household essentials, and an Instacart shopper handpicks the items before delivering them to the customer’s door.
For busy individuals who are short on time, using a grocery delivery service can help them get healthy, nutritious foods or snacks without spending hours at the store. It’s also a convenient option for those with disabilities, limited mobility, or who don’t own a car.
The service is available in 34 states and hundreds of metro areas and neighborhoods. As demand grows and the company continues to succeed, the company plans to expand to all 50 states.
What the Instacart shopper experience is like
Though wages vary, Instacart shoppers can make as much as $20 an hour and choose how many hours they want to work each week. For Miller, who’s based out of Illinois, that means he can work longer shifts just a few days a week and still make a good income.
If you’re a driver or shopper with Instacart, there’s no limit to the number of hours you can work each week. (Though other roles impose a 29-hour workweek limit.)
If you worked just 15 hours a week, taking orders on nights and weekends when you aren’t at your full-time job, you could make up to $300 a week. That extra $1,200 a month can go a long way in helping boost your savings fund or pay down debt faster.
If you decided to make this gig a full-time job, you could earn much more. You could make $800 a week if you worked a typical 40-hour workweek, giving you have an annual income of $38,400. If you needed extra money to cover an unexpected expense, you could work a few extra hours to increase your income even more.
Instacart shoppers can receive in-app or cash tips. And unlike Shipt, one of Instacart’s leading competitors, the company offers a wage guarantee.
“The tipping option goes hand-in-hand with how an Instacart shopper gets paid,” said Miller. “And Instacart offers an hourly guarantee. This guarantee means that if a shopper is available for their selected hours, there is a minimum amount that the worker will receive. This is especially lucrative on the slow days.”
How to accept Instacart jobs and get paid
Unlike Shipt, where shoppers can accept orders hours or even days ahead of schedule, Instacart workers have a much shorter window. Instacart workers can choose their desired shifts, but they won’t receive orders until their shift starts. There can sometimes be fierce competition for orders.
“One begins this job by going on the Instacart shopper app and check-marking every available hour one wants to work throughout the entire work week,” explained Miller. “A new or part-time shopper has access to future jobs starting at 9 a.m. on Wednesdays. You better hurry, because those orders are often grabbed within five minutes.”
As a long-time shopper who picks up plenty of hours, Miller is part of a group who has early access to orders, which gives them an earnings advantage.
“When you work enough hours, you get ‘early access,’” he says. “This means the shopper can grab hours earlier in the week. Early access shoppers get access at 9 a.m. on Sundays.”
Once you have claimed your time slots, walk or drive to the delivery zone when your shift starts.
“If I’m on a shift with Instacart, I often park in a centralized lot because I live about 1,000 feet from the delivery zone,” said Miller. “Once a shopper accepts an order with Instacart, they have 30 minutes to start shopping. Because I shop at the same store almost exclusively, I know where most items are and am quite speedy with picking up the order.”
That speed really helps improve Miller’s earnings.
“Shoppers should stay in a zone with the most business and where they know the store,” he said. “It’s all about speed. The faster you complete an order, the faster you can move on to the next.”
Instacart shoppers are issued a special credit card to pay for groceries at the store, and their earnings are based on a commission of the total order cost. The more orders you complete, the more you get paid.
Shoppers are paid weekly via direct deposit.
How to become an Instacart shopper
Most Instacart shoppers are independent contractors. To qualify for a role, you must be 21 or older (18 or older in Boston) and be able to lift at least 30 pounds. You must be eligible for employment within the U.S. and have a recent smartphone.
There are four positions you can choose from: shopper, cashier, driver, and driver-shopper.
If you are a base shopper or cashier, you do not need a vehicle. However, you can only work a maximum of 29 hours a week, and the positions pay less than the other roles. Drivers or driver-shoppers can work an unlimited number of hours.
Miller says the process to apply for Instacart jobs is quick and straightforward.
“The application process was simple and expedient,” he says. “[I went through a] background check, tutorial, and a quick meet-and-greet to get the shopper’s lanyard and T-shirt. I was hired and working within a week.”
To get started, visit the Instacart “Become a Shopper” page. The application process takes about five minutes to complete.
The site will ask you to enter your information, including your zip code and cellphone number. From there, you will be prompted to confirm that you meet the eligibility requirements. Then, it will ask you if you have access to a vehicle and have more than two years of driving experience.
Once your application is approved, you are asked to schedule an in-person meeting with a company representative at a local grocery store. You’ll learn how Instacart works and how to use the app to select orders. After your in-person session, Instacart will perform a background check.
Next steps for your side gig
The biggest perk of Instacart is the ability to control how much you work and what you earn; you can log in and select hours that fit your schedule when you need the cash.
In most cases, you can begin shopping and earning money within one week. This Instacart review can help you navigate the application process so that you can get started quickly.
If you want to become an Instacart shopper, check out the Instacart site.
Interested in refinancing student loans?Here are the top 6 lenders of 2020!
|Lender||Variable APR||Eligible Degrees|
|1.99% – 7.10%1||Undergrad & Graduate|
|1.99% – 6.65%2||Undergrad & Graduate|
|1.99% – 6.24%3||Undergrad & Graduate|
|2.39% – 6.01%||Undergrad |
|1.99% – 5.64%4||Undergrad & Graduate|
|3.18% – 6.06%5||Undergrad & Graduate|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Splash Financial loans are available through arrangements with lending partners. Your loan application will be submitted to the lending partner and be evaluated at their sole discretion. For loans where a credit union is the lender, or a purchaser of the loan, in order to refinance your loans, you will need to become a credit union member.
The Splash Student Loan Refinance Program is not offered or endorsed by any college or university. Neither Splash Financial nor the lending partner are affiliated with or endorse any college or university listed on this website.
You should review the benefits of your federal student loan; it may offer specific benefits that a private refinance/consolidation loan may not offer. If you work in the public sector, are in the military or taking advantage of a federal department of relief program, such as income based repayment or public service forgiveness, you may not want to refinance, as these benefits do not transfer to private refinance/consolidation loans.
Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of May 1, 2020.
Fixed APR: Annual Percentage Rate [APR] is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Fixed Rate options range from 2.88% (without autopay) to 7.27% (without autopay) and will vary based on application terms, level of degree and presence of a co-signer. Rates are subject to change without notice. Fixed rate options without an autopay discount consist of a range from 2.88% per year to 6.21% per year for a 5-year term, 3.40% per year to 6.25% per year for a 7-year term, 3.45% to 5.08% for a 8-year term, 3.89% per year to 6.65% per year for a 10-year term, 4.18% per year to 5.11% per year for a 12-year term, 4.20% per year to 7.05% per year for a 15-year term, or 4.51% per year to 7.27% per year for a 20-year term, with no origination fees. The fixed interest rate will apply until the loan is paid in full (whether before or after default, and whether before or after the scheduled maturity date of the loan).
Variable APR: Annual Percentage Rate [APR] is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Variable rate options range from 1.99% (with autopay) to 7.10% (without autopay) and will vary based on application terms, level of degree and presence of a co-signer. Our lowest rate option is shown with a 0.25% autopay discount. Our highest rate option does not include an autopay discount. The variable rates are based on the Variable rate index, is based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of April 27, 2020, the one-month LIBOR rate is 0.43763%. The interest rate on a variable rate loan is comprised of an index and margin added together. The margin is a fixed amount (disclosed at the time of your loan application) added each month to the index to determine the next month’s variable rate. Variable rate options without an autopay discount consist of a range from 2.01% per year to 6.30% per year for a 5-year term, 4.00% per year to 6.35% per year for a 7-year term, 2.09% per year to 3.92% per year for a 8-year term, 4.25% per year to 6.40% per year for a 10-year term, 2.67% per year to 4.56% per year for a 12-year term, 3.44% per year to 6.65% per year for a 15-year term, 4.75% per year to 6.93% per year for a 20-year term, or 5.14% per year to 7.10% for a 25-year term, with no origination fees. APR is subject to increase after consummation. Variable interest rates will fluctuate over the term of the borrower’s loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a co-signer. The maximum variable rate may be between 9.00% and 16.00%, depending on loan term. The floor rate may be between 0.54% and 4.21%, depending on loan term. These rates are subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
All credit products are subject to credit approval.
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.
Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.
Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.
Interest Rate: A simple annual rate that is applied to an unpaid balance.
Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of June 23, 2020. Information and rates are subject to change without notice.
3 Important Disclosures for SoFi.
4 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 2.98% APR (with Auto Pay) to 5.79% APR (with Auto Pay). Variable rate loan rates range from 1.99% APR (with Auto Pay) to 5.64% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of July 31, 2020, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 7/31/2020. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.
© 2020 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.18% effective July 10, 2020.