Make money by keeping your receipts instead of throwing them away.

It's almost too simple.

December 10th 2024.

Make money by keeping your receipts instead of throwing them away.
If you're someone who dreads the holiday season because it means draining your bank account, you're not alone. But don't despair just yet - there's a way to earn back some of that money you spent in December. It's as easy as scanning your receipts and uploading them to certain apps, and you'll be rewarded with some extra cash.

Even financial expert Martin Lewis from Money Saving Expert has praised this method, saying that those little slips of paper can actually be worth something. Of course, it won't make you rich overnight, but it's definitely a better alternative to throwing your receipts away.

So how does it work? Well, there are various apps that allow you to upload photos of your receipts in exchange for rewards. Some apps may ask you a few questions about your shopping experience, and in return, you'll earn points that can be converted into gift cards or cash through platforms like PayPal. Most apps have a minimum amount you need to reach before cashing out, usually around £5 to £10, and some also have a maximum limit for how much you can earn each month.

The great thing is, you can upload the same receipt to multiple apps, meaning you can earn money from one receipt several times. It may not seem like a lot at first, but over time, these little amounts can add up and help you save for a holiday, a special gift, or even next year's Christmas expenses.

But of course, there's always a catch when it comes to free money. These apps collect your shopping data and sell it to retailers and market research companies for their analysis. This helps them make more money than just scanning receipts, and you're essentially giving away your personal information for their benefit. However, this is no different from websites using cookies to track your online activity or loyalty cards at the supermarket checkout.

So which apps can you use for receipt scanning? Well, there's the Amazon Shopper Panel, where you can earn up to £5 in Amazon vouchers each month by sharing your receipts with them. You'll need an Amazon account and an invite to join, but you may get the option to sign up when making an account or be added to a waitlist. You'll earn 10p per receipt, and you can upload receipts from any retailer except Amazon. You can also earn more by completing surveys for 25p to 50p each.

Another option is Shoppix, which accepts receipts from most major retailers. You can earn points for up to 30 receipts per week, with each receipt giving you 25 to 30 points. Once you reach 3200 points, you can cash out for £5, which is roughly equivalent to 100 receipts. And for those who love ordering food, there's SnapMyEats, where you can earn £1 for every five food receipts you upload. You'll need to answer a few questions about your purchase, and you can upload up to 25 receipts per month for a maximum reward of £5. You can then cash out at £10, so every two months.

While this may not make you a millionaire, it's a quick and easy way to earn some extra cash. As one supermarket says, every little helps. And if you have any success stories with these apps, we'd love to hear from you! Just email us at [email].

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