You got that right. There’s an app called CoinOut that gives you are randomized reward for taking pictures of RECEIPTS. CoinOut also have a cashback feature from a growing pool of partner merchants too. Now that’s a good way of earning money over something extra cash without sweating too much.
HOW DOES IT WORK?
Step 1: Download the app from Google Play if you’re using an android phone and the App store if you’re using an iPhone. Run the initial account set up and then you’re all set!
Step 2: Using the app, start scanning pictures of your receipts!
Step 3: The app will show your accumulated cashback. The amount can be cashed out from bank, Amazon gift card or PayPal.
How much Do I earn per receipt?
It is randomized. Some say it is between 1-20 cents per receipt.
What kind of receipts works for CoinOut?
- The receipt should have clear/readable text. All items should be visible including the total amount paid for.
- It should show the merchant name.
- The receipt should be within 2 weeks of purchase (Scan it within the day! It only takes a few seconds.)
Do online receipts work?
Yes.
Do all kinds of receipts work for CoinOut?
No. According to their website these don’t work: Lotto Tickets, ATM or bank slips, Credit Card slips (with no product items), Coupons, Pictures of barcodes or QR codes, Handwritten receipts and Money Orders.
Is there anything else I should know about CoinOut?
- The usual limit of receipt scans per day is 7. It can get higher if you get rewards from CoinOut.
- CoinOut gives weekly prizes and let’s you play with in-app games for extra rewards.
Pros
- Easy to use
- Easy to cash out. No minimum amount for bank transfer and Amazon gift card. $10 for Paypal.
- Offers cash back from partner merchants
Cons
- It won’t make you rich.
- Random rewards = Random earnings
Check out our CoinOut video here:
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