Caden App Review: Can You Make $150 Using Your Data?

      Side Hustle Nation focuses on enhancing your personal profitability. To accomplish this, we frequently collaborate with companies that have a similar mission. If you register or make a purchase through one of our partners' links, we may receive compensation at no additional cost to you. Learn more. UPDATE: Caden has recently reduced payouts by 90%. Whereas you could previously earn $8-$15 per month passively, the new rate is only $0.80-$1.50. The review below discusses an earlier version of the Caden app.

      Is the Caden app worth downloading?

      The app claims to compensate you for the data you generate daily—the same type of information we freely provide to Big Tech.

      And Caden truly does pay; I received my first $40 payout after a couple of months.

      In this review, I’ll cover:

      How Caden operates

      Earnings potential with Caden

      Some alternatives to consider

      Ready? Let’s get started!

      Caden App Review

      Sign-Up Process

      Ease of Use

      Earning Potential

      Caden App Summary

      Caden aims to assist individuals in “controlling and monetizing their personal data.” While they do offer payment, it won't lead to wealth. Most users will earn between $8-$15 monthly by sharing anonymized data.

      Is Caden Legit?

      Yes, Caden is a legitimate method to receive payments for your data. Established in 2021, the company has secured $24.4M in funding to help people “control and monetize their personal data.”

      Is Caden Available on Android?

      As of now, Caden is only available on iOS.

      How Much Can You Make with Caden?

      Average users of Caden earn around $8-$15 each month. It may not drastically change your lifestyle, but it does provide passive income. In terms of apps that pay real money, Caden performs quite well.

      There are three primary ways to generate income with Caden:

      Responding to questions in your Caden “Vault”

      One-time bonuses for linking new accounts, typically $2-$4 each.

      A daily “data dividend,” which generally ranges from $0.20 to $0.80 daily, depending on the number of accounts you’ve linked.

      I’ll elaborate on each of these methods below.

      Your Caden App Vault

      Upon signing up, you’ll be prompted to complete a series of demographic questions in the Caden Vault, including your:

      Gender

      Birthdate

      Zip code

      Household income

      etc.

      According to the app, Caden removes “all identifiable information and only uses demographic data to group you into cohorts of aggregated data that can’t be traced back to you.”

      However, this is where Caden's newness and bugs become apparent. It states my Vault is “100% complete,” yet I have scores of 0% on:

      Fitness Graph

      Entertainment Graph

      Spending Graph

      Identity Graph

      Moreover, those options are greyed out, preventing me from completing the related questionnaires.

      Connecting Accounts

      The quickest way to boost your Caden account balance is by connecting supported third-party accounts like:

      Netflix

      Uber

      Amazon

      Airbnb

      Your credit cards (safely done through Plaid)

      Each account you link provides 1,000-4,000 one-time bonus points ($1-$4).

      This process is straightforward within the app, and you’ll see a consent screen for each connection that clarifies:

      Your data will be anonymized and aggregated, ensuring it can’t be linked back to you.

      Your anonymized data will be used for research and consumer panels.

      The confusing aspect is that even after authorizing certain connections, the app prompts me to do it again. It’s unclear whether the initial connection didn’t save or what happened.

      When I reconnect, I receive no bonus points.

      Why link all these accounts? Beyond the one-time bonus points, connecting more accounts increases your daily earnings from Caden.

      Caden also compares your app usage with that of other users, which is interesting. For instance, it notes I spent $4,800 on Amazon since January 1, 2020, which is slightly more than the average Caden user.

      It’s intriguing but not directly related to earning money through the app.

      There’s a button to suggest other services for addition to the app, indicating that Caden may offer more connections in the future.

      Daily Data Dividend

      I appreciate the idea of receiving free money simply by going about my day. That’s what the Caden Wallet reflects.

      Every day, I earn 434 points, equivalent to $0.43. At this rate, I would make approximately $12.90 each month on autopilot.

      Your Caden App Dashboard

      When you open the Caden app for the first time, you’ll see your account dashboard. The main feature here is your “Data Score,” which spans from zero to 1,000.

      This score reflects the value of the data