Woolsocks Reviews 

6,525
TrustScore 4.5 out of 5

4.4

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Rated 3 out of 5 stars

Account limited for no reason, provided proof of identity/funds, compliance team ignores my emails for over 1 month. Absolute lack of transparency regarding my personal funds. UPDATE: after 2 mon... See more

Company replied

Rated 5 out of 5 stars

Who doesn't love making money on things they were going to purchase anyways?? I've saved hundreds of Euros on this app. It's a little more work when buying something, but in the long run, it's absolut... See more

Rated 5 out of 5 stars

I find useful to have an overview of my expenses and make use of the discounts and cash backs available. The app is mostly intuitive, so I don't need to spend too much time to understand the features

Rated 5 out of 5 stars

Nice app, many discounts and vouchers! Especially nice to buy coffee at the supermarket and then receive 50% of the price back :)

Company details

  1. Alternative Financial Services
  2. Cashback provider

Written by the company

Save money on everyday purchases with Woolsocks Woolsocks is a free financial & cashback app designed to help you save money effortlessly on your everyday spending. One of the easiest ways to save is by buying gift cards for popular brands directly in the app and earning instant cashback on your purchase. Users often buy vouchers for brands like Amazon, Zalando, IKEA, H&M and many more. You can use these vouchers immediately at your favourite stores while automatically getting a portion of your money back. Woolsocks also lets you earn cashback in other ways. You can receive cashback on groceries by scanning your receipts, and you can earn rewards when shopping online by clicking through Woolsocks so your purchase is automatically tracked. With the Woolsocks browser extension, you’ll also get reminders to activate cashback when visiting supported online stores. In addition to cashback, Woolsocks helps you reduce your monthly expenses. The app can help you save money on subscriptions and compare better deals for energy, internet and insurance, often with extra cashback when you switch. If you choose to connect your bank account, Woolsocks can automatically organise your spending, show your subscriptions, and give you a clear overview of your finances in one place. Connecting your bank account is optional, and many users simply use Woolsocks for cashback and savings. You can also store and scan your loyalty cards in the app, replacing physical cards with one convenient digital wallet alongside your vouchers. For users who want to go even further, Woolsocks offers the opportunity to earn Stockpoints, which can be converted into real investments when opening an investing account. With optional investing plans, you can even automate small monthly deposits and start growing your money over time. Our mission is simple: to make saving money easy, rewarding and accessible for everyone.

How Woolsocks helps you save money

Written by the company

Instant cashback on vouchers (gift cards)
Buy gift cards for popular brands in the Woolsocks app and receive instant cashback. Use them immediately in-store or online while saving money.
Earn cashback on your everyday shopping
Get cashback on groceries by scanning receipts and earn rewards when shopping online through Woolsocks. Our browser extension even reminds you to activate cashback while browsing.
Lower your monthly expenses
Woolsocks helps you find cheaper deals for subscriptions, energy, internet and insurances. Switch to better offers and receive extra cashback on top.

Your data stays yours

Woolsocks is designed to help you save money while keeping you fully in control of your data.

If you choose to connect your bank account, the connection is a licensed PSD2 connection from our partner Budgetbakers. This is very secure and used only to analyse your subscriptions and spending so we can help you discover savings opportunities. Your personal banking data is never shared or sold to third parties. Connecting your bank account is optional. Without it you can still benefit from cashback on gift cards, groceries and online shopping.

Contact info

Never miss a online saving!

Automatically discover savings while browsing online

4.4

Excellent

TrustScore 4.5 out of 5

7k reviews

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4.4

All reviews

(6,525)

2,097 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 2 out of 5 stars

Took too long to verify my account

Took too long to verify my account, meanwhile the stock i wanted to invest in had already increased by almost 10% by the time i finally bought it

30 April 2026
Woolsocks logo

Reply from Woolsocks

Hi Quintin, thank you for your feedback, we really appreciate it! We're sorry to hear that the verification process took longer than expected — we completely understand how frustrating that can be, especially when you're ready to invest. Please reach out to our customer support team and we'll manually verify your account as quickly as possible so you can start using it right away! We'll do our best to get you up and running in no time.

Rated 1 out of 5 stars

Scammers

Woolsocks promised me money by downloading the app, not by downloading and spending money to then earn that money. False advertising and shitty company. Avoid like the plague.

29 April 2026
Unprompted review
Woolsocks logo

Reply from Woolsocks

Hi Jeroen, thank you for taking the time to share your feedback — we're sorry to hear you felt disappointed!

We'd love to clear things up! With Woolsocks, rewards like Magic Gift Cards work a little differently from a simple cash payout after downloading the app. Here's how it works:

Once you have a Magic Gift Card in the app (found under the 'Money' section), all you need to do is make a purchase at the relevant store and pay with the bank card linked to your Woolsocks account. Woolsocks will automatically detect the transaction and add the refund directly to your Cashback Sock — no manual steps needed!

So there's no need to spend money to "earn" it in a complicated way — just shop as you normally would at that store and the app takes care of the rest.

If you're still unsure about how your reward works or haven't received it yet, our support team is happy to walk you through it personally. Reach out to us at support@woolsocks.eu and we'll sort it out right away!

Rated 1 out of 5 stars

LIERS

When you ask for your money they block your account.

26 April 2026
Unprompted review
Woolsocks logo

Reply from Woolsocks

Hi Alejandro, thank you for sharing your experience — we're sorry to hear you've run into this issue.

When an account is temporarily blocked, this is typically triggered by our automated security system, which flags unusual or potentially suspicious activity to protect our users and their funds. We take these signals seriously, and in order to unblock an account, we do need to run a short investigation first.

We'd love to help you get this sorted as quickly as possible! Please reach out to our support team at support@woolsocks.eu and they'll look into your situation and guide you through the next steps.

Thanks for your patience, and we hope to resolve this for you soon.

Rated 5 out of 5 stars

Free vouchers

From time to time you get free vouchers of a certain amount to spend in different shops, beside the cashback that you can get from daily purchases

29 March 2026
Rated 5 out of 5 stars

Great app

It’s a good app for saving
I like surprises
Hope they add more of it

27 March 2026

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