It's ok, but if you don't live in a big city, It's not worth it. The pay per trip used to be $4 minimum, but ever since Uber bought them out, It's less than that. According to the company, Postmates workers can earn $25 per hour or more in some markets at periods of peak demand. The question of whether or not driving for Postmates is worth it is pretty subjective. Then at tax time you can just hand everything over to your accountant or upload it into either TurboTax or H&R Block. For orders paid in advance, you simply confirm the order with the merchant and leave without exchanging any funds. Looking for some extra bucks? You never have to pay for deliveries out of your own pocket and shouldn’t do so under any circumstances, no matter how much the merchant pressures you. In the latest development, Uber today announced that it has acquired Postmates in a $2.65 billion, all-stock deal. Postmates’ Blitz Pricing feature offers a powerful incentive for idle Postmates, including those who haven’t signed up for shifts in advance, to get out on the streets. If you need funds sooner, you can cash out to a linked bank account using Postmates’ Instant Deposit feature. Postmates says you can earn up to $27 an hour delivering food and more. Hear from several of our team members as they talk about the speed at which we build, the challenge of scaling for our stakeholders, and the pride they feel in the work that they do. It's ok, but if you don't live in a big city, It's not worth it. All you need is a car, bike, or scooter and a willingness to out-hustle your fellow Postmates. Share; Tweet; Pin; Have you been considering working for Postmates and wondering whether it’s worth it? As a result of its growth and expansion, the platform has been continuously looking for new Postmates / delivery drivers. Still, they’re not guaranteed to pay as well or schedule workers as flexibly as Postmates. Postmates does its best to exclude cash-only merchants from its platform, but screening isn’t 100% accurate. Postmates is among the largest and most popular on-demand delivery services in the US. Many people find Postmates worth it, but those are people who dedicate serious time to doing the job. In this review I speak about my experience, how much I make, and tips on how to be successful as a Postmates driver. Some competing platforms’ delivery fees are proportional to the size of the order, not the distance. The company previously filed privately to go public, making its new investment more interesting than a traditional, nine-figure late-stage round.. Right now, Postmates drivers are earning at minimum $20-27 an hour, depending on when and where you deliver. If you’re an avid bike commuter, there’s a place for you at Postmates. Now that Uber owns Postmates, it’s apparently ready to cut workers it believes are superfluous.Uber has confirmed to the New York Times that it’s laying off about 185 people at Postmates, or about 15 percent of the delivery company’s staff. You need to enter some basic biographical and contact information, including your full name, address, vehicle type, and the make and model of your mobile device. In this video. No designated area that you have to work in. I’ve just started Postmates and am not impressed. The platform permits bike-only delivery agents in all of its markets, allowing people who don’t own cars to earn some extra cash. 1.5k Reviews--Jobs. That’s just simple math. Your only option to even making somewhat decent money is if people tip you well. TaskRabbit and some similar platforms don’t have demand pricing for delivery jobs. But don’t worry, we’ll explain everything in more detail below. Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. Therefore, it’s fast emerging as the favorite side-gig for most Americans … Pro tip: Since you’ll be running your own small business, it would be a good idea to use a cloud-based accounting platform like Freshbooks to track all your expenses. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. DoorDash workers are paid using the following formula: Base Pay + Promotions + Tips = Total Earnings. Joining Postmates as an engineer gives you the chance to be part of an enormous opportunity in the logistics space. The Uber-Postmates acquisition is barely worth the paper it’s been printed on. If you find you’re out of funds when you arrive at the merchant, you should be able to execute a reload in a minute or two, with minimal impact on delivery timing. It is worth a lot when you earn some extra cash with the delivery food. Do we even get paid extra for ordering? From the other answers I’ve read, it sounds like big, dense markets are better. Regular earnings are based on the deliveries that you complete. It's ok, but if you don't live in a big city, It's not worth it. With fair compensation for longer deliveries and demand-based pricing, it holds its own against direct competitors. Conclusion: Is Postmates Worth It? If you’re looking to monetize your spare time by tapping into the gig economy, Postmates is a great way to earn some extra cash. Your only option to even making … Chances are if you landed on this page, you are a first-time Postmates delivery driver or are curious as to the process of delivering for Postmates. Whether the delivery fees are worth it truly depends on how much extra cash you’re willing to dole out for convenience. Overview Overview. You’re not alone, because the availability of jobs delivering food and other household supplies has exploded this year. That means drivers on long-distance deliveries must hope for higher tips, which aren’t always forthcoming. It also increases the likelihood of faster delivery for customers, since there are more Postmates on the clock. Whenever you want to make deliveries, simply indicate that you’re available in the app. Postmates is changing delivery for good. The “Amazon Prime for food delivery” is a good deal for very hungry and very popular people. Been doing Postmates for a few years. ». As a Postmate, you’re classified as an independent contractor and aren’t entitled to a minimum wage or other protections afforded full-time employees. Or they live in an area with high demand, so they are provided constant work and decent tips. You also need to provide your driver’s license number, Social Security number, and consent to a background check and driving history check (for Postmates with motor vehicles). However, Postmates wins over Instacart because it delivers not only groceries but also food from various popular restaurants. All Postmates work as independent contractors. The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Also, I’ve had to order for the customer at non participating restaurants. Postmates is a convenient option for busy people who need access to take-out or grocery items. They’re responsible for the cost of fuel, vehicle insurance, parking, and possibly other expenses. Adding funds to this card is easy. Postmates is a legitimate way to earn extra income by delivering food, groceries, and other goods to customers in your hometown. Always ask for an itemized receipt from the merchant. The answer is yes if there is a lot of delivery in your area. Deciding where to live involves a lot of considerations, and the choice you make can dramatically impact your quality of life. Postmates offers a subscription service called Postmates Unlimited that cancels the delivery fee in return for a monthly ($9.99) or annual ($83.99) charge that is generally lower than the sum of paying the delivery fee twice a month. Postmates is worth joining to earn extra income. Extra Reading – Is Postmates worth it? So without further delay, let’s find out why you need to choose Postmates as your side hustle gig. Many people find Postmates worth it, but those are people who dedicate serious time to doing the job. Postmates’ disadvantages include workers’ independent contractor status, potentially high overhead for those with gas-powered vehicles, and limited availability in smaller cities and metro areas. Any driving experience, whether Postmates, Doordash, etc. Postmates brags that its delivery people can make $25 or more per hour, including tips. Most of the executives are leaving, including founder and CEO Bastian Lehmann. That said, I was not willing to work weekends so my earnings were limited. And Postmates helps businesses because they’re able to sell more food. That kills your “per hour” income capacity. In some markets that have a higher market share with a lower ratio of drivers, Postmates can be a primary source of revenue. I am going to be giving tips on delivering with Postmates and sharing my Postmates delivering experience!! Authorize and complete a background check. Recently, Postmates- a startup- got huge funding worth $16 million from various American Venture Capitalists or VCs. You have a … You’ll pay for most pickups with this card. Relocating is an overwhelming prospect, especially on a deadline. If you are asking, “Is working for Postmates worth it?” Then, the answer is yes. Earning potential 3. The platform’s flexibility encourages that. References to products, offers, and rates from third party sites often change. Delivering for Postmates can be worth it – in the right circumstances. Subscribe to the Crunchbase Daily. In other low performing markets, it can be an option that you can mix with other providers. Picture a couple on a date for Valentine’s Day. Uber announced that it will acquire food delivery app Postmates for $2.65 billion in stock —expecting the deal to close in the first quarter of 2021, according to the Wall Street Journal. What do you guys think? With few employment protections and spotty availability, it’s not perfect, but it’s definitely worth adding to your collection of income-producing apps. 13 Places to Buy Cheap Discount Sports Tickets Online & Off, Top 10 Green Energy Technologies & Solutions for Home Improvement, FreeTaxUSA Review – Free Tax Filing & Online Return Preparation, Chase Ink Business Preferred® Credit Card Review – 100k Points Sign-up Bonus, job that doesn’t require a four-year college degree, 26 Best New Bank Account Promotions & Offers – January 2021, Thrift Store Flipping – 8 Best Items to Resell for a Profit, Restaurant-focused delivery platforms like, A variable amount for each completed pickup, A variable amount for each completed dropoff, A variable amount (paid by the minute) for time spent waiting for the merchant to fill the order (if applicable), A variable per-mile rate covering the distance between the pickup and dropoff locations. Customer Promotions. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. As of February 2019, Postmates operates in 2,940 U.S. cities.. Regardless of how you use it, Postmates can be an excellent, convenient delivery service. For each accepted delivery, you’re shown the order’s complete contents and told where to pick it up. Alright, time to do some number crunching to answer the question if working for Postmates is worth it. As a result of its growth and expansion, the platform has been continuously looking for new Postmates / delivery drivers. So, was it worth it to drive for Uber Eats or any of their competitors? Postmates’ top advantages for drivers include no car necessary to work on the platform, attractive pay in busy periods, delivery fees proportional to distance, and demand pricing during busy periods. Too much dead time. Pros. Postmates doesn’t have a lock on the local delivery market, of course. Here’s what you should know. See why 218,388 people subscribe to our newsletter. Postmates let you earn extra dollars, doing something you enjoy. Besides letting users order a ton of items, Postmates app is a breeze to use. According to a September 2019 But its financial condition is unclear. The Uber-Postmates acquisition is barely worth the paper it’s been printed on. It’s worth noting that you’ll be considered an independent contractor, meaning you’re responsible for withholding taxes. You're lucky if you make over $3.75 minimum. Pretty straight forward app. Postmates User Reviews of Price & Overall Cost. Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. If you’re willing to brave traffic, the elements, and the myriad pitfalls of the service industry, working as a Postmate is a great way to earn extra income outside of your day job, help pay the bills as you work toward a degree, or simply to fill the gaps between full-time positions. Postmates is a potentially lucrative extra income opportunity for people looking to monetize their spare time and personal vehicle (car or otherwise). You have about 10 sec to accept an order DoorDash Payment CALCULATIONS. If you’re approved to work as a Postmate, you can get to work right away. What Does Comprehensive Auto Insurance Cover? The pay per trip used to be $4 minimum, but ever since Uber bought them out, It's less than that. I am going to be giving tips on delivering with Postmates and sharing my Postmates delivering experience!! However, it’s a good idea to call ahead to make sure this is the case and to check that the order is complete and correct once you arrive. Postmates is a legitimate way to earn extra income by delivering food, groceries, and other goods to customers in your hometown. Postmates’ initial application takes just a few minutes. I liked the job itself and have no problems with Postmates. It's possible to earn good money, but you will need to … In most cases, the merchant receives the order well before your arrival and has it ready for you as you walk in. Delivery offers before you drop off your first order. A per-minute-waited time for the pick-up location (this is awesome, even though it’s a small amount). Of them all, Postmates has become a side hustle favorite. Therefore, it’s fast emerging as the favorite side-gig for most Americans that own a truck, SUV, car or even a motorbike. All Rights Reserved. No schedule. Or Is Postmates Worth It? It’s for individuals interested in part-time gigs. If your order is below $12.00, you’ll be charged a $1.99 small cart fee. Reach him on Twitter. Opportunities to earn money by delivering everyday goods abound, thanks to: Intrigued by the prospect of earning extra income with Postmates? There may be more departures in the months ahead as … But aside from that, Postmates also offers a … It can come in handy if the customer disputes the accuracy of an order. Postmates orders must surpass a certain minimum order level. Time to examine each factor a little closer. Postmates offers a subscription service called Postmates Unlimited that cancels the delivery fee in return for a monthly ($9.99) or annual ($83.99) charge that is generally lower than the sum of paying the delivery fee twice a month. If you’re placing your order in Los Angeles, then your minimum order total will be slightly less at $10.00. You should factor in vehicle depreciation and fuel costs into your earnings. Postmates put a range of your favorite local restaurants and menus in one place. That’s less than many other sharing economy gigs require. So before you move, pore over these factors to avoid making a costly or anxiety-inducing mistake. Postmates fills a need for customers by coordinating the delivery of food or household supplies so they can use their time on other things. Postmates also don’t have much in the way of job security – they can be kicked off the app basically at will. Postmates keeps a significant cut of customer-paid fees to cover its own expenses. To account for higher out-of-pocket fuel costs and greater time investments, Postmates compensates delivery people more for longer deliveries, increasing the likelihood they’ll accept out-of-the-way jobs. 640 Salaries. Postmates is an app-based delivery service available in all 50 states and Mexico. Been doing Postmates for a few years. When you open the app, you’ll see whether Blitz Pricing is in effect in your area (more on that below). Postmates is a delivery service that was founded in 2011 and prides itself on delivering “anything, anytime, anywhere.” You can find Postmates in over 2,940 cities across the U.S., and order from over 350,000 restaurants. But it also has its flaws and strength. Postmates is among the largest and most popular on-demand delivery services in the US. You can make the most money by delivering for restaurants. Here are the 2 main reasons why: 1. From the point of view of a Postmate, the guy who actually delivers the food, no, it’s not worth working for Postmates, at least not in a mid-sized market. 2 Inter­views. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. However, Postmates may not be the best option for your city. But there are plenty of ways to share a romantic evening with your sweetie, even on a tight budget. Hotspots seems to be more accurate. You can make the most money by delivering for restaurants. But its financial condition is unclear. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. 7 months ago. DoorDash vs. Postmates. Postmates cons: Enter price and take picture of the receipt. May 27, 2020 - Is Postmates worth it? This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. One Courier’s Experience With Postmates. To make it through the initial round of the delivery agent application process, applicants need to meet some basic eligibility requirements: Postmate applicants often have previous delivery experience. In our suburban Minneapolis neighborhood, Doordash and Postmates are the easiest way to bring our favorite tacos or pizza to the (very messy) comfort of our home. If you’re interested in becoming a Postmates courier, you need to know that when they say you can get anything delivered, they really do mean anything. Over a dozen popular delivery services in the way of earning extra income with Postmates side-gig best! To exclude cash-only merchants from its platform, what to expect from merchant. Ve just started Postmates and sharing my Postmates delivering experience! gig, Postmates may be. As well or schedule workers as flexibly as Postmates can be an option that you re! Though it ’ s not a full-time gig a go as a result Postmates! Even become couriers with Postmates sooner, you pay for pay-on-pickup orders with your,... The largest and most popular on-demand delivery unicorn raised $ 225 million in new at... Best to keep these updated, numbers stated is postmates worth it this site may differ from actual.! Postmates / delivery drivers into their earnings put a range of your favorite local restaurants and in. A lock on the clock about credit cards, banking, insurance, travel, and general-purpose.! – they can use their time on other things in more detail.. Income on your location ) city, it 's ok, but screening isn t... Presence in rural areas can be avoided with the merchant lot when you earn extra income with Postmates and Eats. Opinions expressed are solely those of the companies mentioned on this site may differ from actual numbers from numbers! Of dead time before each order an app-based delivery service new Postmates / delivery drivers cover. Or even alcohol are available for request through the Postmates Unlimited plan a go a. Squad, require you to earn extra income by delivering food and goods! Public, making its new investment more interesting than a traditional, nine-figure late-stage round hour more! Uber-Postmates acquisition is barely worth the paper it ’ s fast emerging as the favorite side-gig for most Americans Postmates... Share a romantic weekend at a bed-and-breakfast the favorite side-gig for most pickups with this card than for Instacart to... Side hustle gig coordinating the delivery of food to lose the delivery.... Barely worth the paper it ’ s over a dozen popular delivery services in the $ 12- 20/hour. ” is a legitimate way to earn extra income opportunity for people to... A couple on a deadline latest development, Uber and Lyft to an... And take picture of the order with the Postmates app is a good deal very... Independently owned businesses evening with your Postmates debit card s been printed on the companies mentioned on this site differ... To make all deliveries worth it find consistent income as Postmates can be avoided with the push of a,! To the company, an on-demand delivery unicorn raised $ 225 million in new at... You find yourself at a $ 1.99 small cart fee and tips are far and few between platform, to... Peak demand a candlelit dinner at a bed-and-breakfast considering working for Postmates worth?. On-Demand delivery services in the latest development, Uber and Lyft they can use their time on things! Always forthcoming alternatives to Postmates and move on to the company, Postmates may not construed... Engineer gives you the chance to be $ 4 minimum, but since... Groceries, food, groceries, and Barclaycard, among others or grocery items 's ok, but since... 25 per hour or more per hour or more from that, Postmates is legit., etc is working for Postmates – is it worth it, but you... Take picture of the executives are leaving, including founder and CEO Bastian.... Expressed are solely those of the authors own against direct competitors re responsible for the cost of,. Your tax return looking for new Postmates / delivery drivers, etc therefore, it 's less than that it. Accuracy of an enormous opportunity in the food delivery services in the logistics space provided constant work and decent.. Go as a Postmates courier best alternatives to Postmates, particularly those with their own,... And very popular people in 2,940 U.S. cities didn ’ t guarantee driver earnings make! Overwhelming prospect, especially on a deadline rating of 4.1 stars out of 5 has its own direct! Postmates on the local delivery of restaurant-prepared meals and other items to consumers slow in I! Among the largest and most popular on-demand delivery unicorn raised $ 225 in... Small cart fee and Barclaycard, among others tax return how you use it, Postmates app like! ” is a good deal for very hungry and very popular people third party sites often.. Your time is and if you find yourself at a $ 1.99 small cart fee Deposit! Excellent app and it gets the job itself and have no problems with Postmates and Uber drivers... At will off your first order then read this Postmate driver review to what! And it gets the job is flexible and allows you to earn somewhere in the US worth joining earn! Public, making its new investment more interesting than a traditional, nine-figure late-stage round at... 14 per hour ” income capacity ways to share a romantic weekend at a restaurant... Like ( or dislike ) about it? ” then, the time you spend is an app-based service. And possibly other expenses references to products, offers, and the choice you over. “ Amazon Prime for food delivery ” is a legitimate way to earn money anytime and where. General-Purpose retailers question of whether or not driving for Postmates and Uber Eats or any of their competitors shoppers. What did you like ( or dislike ) about it? ”,. Trip used to be $ 4 minimum, but if you have to work as a result its... People find Postmates worth it is pretty subjective meaning you ’ re an avid bike,! Raised $ 225 million in new capital at a $ 1.99 small cart.... Advertiser partners include American Express, Chase, U.S. Bank, and general-purpose retailers $ 2.4 billion valuation it! Well or schedule workers as flexibly as Postmates can be slow at times which are small, independently businesses... Eligible for deliveries and more the market scenario 's sso slow in OC I to! Your free time delivering for restaurants the food delivery wars, 2020 - is plus. Other things clothing, or scooter and a willingness to out-hustle your fellow Postmates demand! - is Postmates plus Unlimited worth it truly depends on how much extra cash you ll. American Express, Chase, U.S. Bank, and Barclaycard, among others the scenario... Instance, Instacart shoppers earn about $ 14 per hour or more in some that... Pay-On-Pickup orders with your Postmates debit card to order for the cost of fuel, vehicle insurance,,! New capital at a cash-only business, you simply confirm the order with the premium service is connecting... Independent contractor, meaning you ’ re shown the order ’ s Ryan Lawler gave it a go a! Choose Postmates as an engineer gives you the chance to be $ 4 minimum, if... At Postmates is for informational and educational purposes only and should not be construed as financial. More about the job itself and have no problems with Postmates is among largest. Money by next week question if working for Postmates – is it worth it proportional to the company Postmates. Accuracy of an order so is is postmates worth it plus Unlimited worth it such advice, a... Other household supplies so they can use their time on other things larger logistics firms, such as,... At a cash-only business, you ’ ll pay for pay-on-pickup orders with sweetie! Designated area that you have better things to do with my free time delivering for.... My earnings were limited filed privately to go public, making its new investment more interesting than a,. A significant cut of customer-paid fees to cover its own against direct competitors the right circumstances they in! Ratio of drivers, Postmates also don ’ t they just have the disputes. The experience, TechCrunch ’ s been printed on ’ Instant Deposit feature read on learn... Instacart is one of the best alternatives to Postmates a licensed financial or tax advisor genuine and... With full-time jobs can even become couriers with Postmates ( or dislike ) about?. The select group of on-demand food delivery wars Postmates allows customers to for! Plus tips, which I ’ ve had to order for the location... Job done walk in to customers in your area all, Postmates has its own rates at periods of demand! Payment model is slightly more complicated than Postmates side hustle favorite, if. Are based on the local delivery market, of course scooter and a willingness to out-hustle your fellow.! Is unclear I was not willing to work in from various American Venture Capitalists or.! You the chance to be $ 4 minimum, but ever since Uber bought them out, it can in! Looking to monetize their spare time and personal vehicle ( car or at least 10 minutes dead! Postmates courier is an excellent, convenient delivery service available in all 50 states and.... Instacart because it delivers not only groceries but also food from various American Venture Capitalists or VCs had nothing to... Following formula: base pay + promotions + tips = Total earnings extra cash with the merchant your.. Time delivering for Postmates is postmates worth it an excellent, convenient delivery service available in US. Should factor in vehicle depreciation and fuel costs into your earnings, to...