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Cash back rewards from receipt-scanning apps: What to know NBC Boston [Video]

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Ecommerce

With just one snap and a quick upload, that grocery receipt can turn into an gift card, thanks to what are known as receipt scanning apps.

“You’re not going to be able to retire on this money, but it gives you a little bit of extra cash for that spending that you’re already doing,” said James Royal, a principal writer at Bankrate.

Apps like Fetch Rewards, CoinOut and Frisbee allow users to earn cash back and other rewards for purchases, just by uploading a picture of a receipt. It could be from groceries, gas stations, online shopping or even restaurants. These apps are typically free to download and easy to use.

“It can be particularly attractive for consumers who want to track their spending and see where their money is going, help budget and earn that extra money for free as part of that,” Royal said.

Users will need to …

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