Disclosure: This post may contain affiliate links. We may receive a commission when you click on them, but this is at no extra cost to you. Read our privacy policy for more information.

Want to Make Extra Money?

Yes, online casinos are legal in the USA, and you can use either domestic, regulated options or offshore casinos that Real Ways To Make Money Online 2018 Reddit serve the American market. This latter option means that players who reside regions that have not yet Real Ways To Make Money Online 2018 Reddit legalized state-based online gambling can still legally play over the Internet at an. Get Paid To websites (GPT) In this section you will find websites that pay you to do various tasks and this is why they are known as GPT websites (Get Paid To). Usually the tasks you can choose are: surveys, microtasks, joining offers, watching video ads, etc. The most easily achievable incentives (one you get just for showing up) brings that up to $10 per 25 minutes, and with short notice you're looking at $12. So per hour that ends up being $18-$24. Since the company has no minimum hours, you could literally get hired.

Survey Junkie: Earn up to $50 per survey with the highest-paying survey site on the web. Join Survey Junkie Now
Swagbucks: Make money watching videos, taking surveys, shopping online and more. Join Swagbucks Now & Get a $5 Bonus
Mistplay: Earn free cash by playing games online with friends from your mobile phone. Join Mistplay Now For a 50 Unit Bonus
LifePoints: Earn free money by sharing your opinion while on the phone. Join LifePoints Now & Get a Free $$$ Signup Bonus

It’s no secret that we love receipt scanning apps at Frugal For Less.

They’re a simple way to earn cash by making everyday purchases.

They’re designed for online and in-store shopping, so you get all sorts of ways to earn.

It’s best to use multiple apps like this to redeem as many rewards as possible.

CoinOut is a newer receipt scanning app on our radar. It’s pretty unique from similar apps, and it serves multiple purposes.

But CoinOut has a great reputation and it’s going strong.

We wanted to see if it’s worth adding to our list of favorite apps.

Here’s our full CoinOut review that covers everything you need to know.

Table of Contents

How Did CoinOut Get Started?

CoinOut has officially been around since January 2017 and was created by entrepreneur Jeff Whitten. The concept for CoinOut is based on Whitten’s belief that people don’t care to bother with loose change.

The app allows users to save loose change and convert their receipts into easy money.

CoinOut became very popular in February 2018. This is when Witten pitched the app on the hit T.V. series Shark Tank. Shark Tank allows entrepreneurs to pitch their products to five investors. The five “sharks” decide if they want to invest as business partners.

Witten’s pitch was successful with Shark Tank investor Robert Herjavec. Herjavec made a $250,000 investment for 15% equity in the business. From there, CoinOut quickly became a popular receipt scanning app among users and finance critics.

The company is currently partnered with Epson, Amazon, First Data, orgHunter, BNB, and Clover.

CoinOut has overwhelmingly positive reviews from users; it’s actually difficult to find negative feedback. This certainly says a lot about how effective and successful Whitten’s concept was. CoinOut has been featured in media outlets like Forbes, Fox Business, NBC, and more.

How Does CoinOut Work?

CoinOut serves as a digital wallet and a receipt scanning app. Getting started is really simple. Just take the steps below to start earning money from your receipts.

Download the CoinOut app from the iTunes or Google Play app stores.
Register with the app by providing your phone number. Users report that you can use a Google Voice number or another VOIP number if necessary.
Select your preferred payment option. You can cash out via PayPal, direct deposit, or Amazon gift card. The details you must provide depend on the option you choose.
Scan receipts from in-store and online purchases. The full details about each of these methods is covered later in this post.
Earnings will appear in your CoinOut account. Most users say that earnings show up very quickly.
Cash out your earnings using your chosen payment option. For direct deposit or Amazon gift cards, there is no minimum cash out amount.

It really is that simple. Six quick steps from start to finish, and you earn extra change from your receipts. Users note that CoinOut customer support is very helpful and responsive. Make sure to contact them if you have any issues using the app.

CoinOut Pros And Cons

Every money making app has positives and negatives. CoinOut is no exception to the rule, though it’s got plenty of impressive feedback. There are a ton of news articles, user reviews, and other feedback about the app.

The following list features the most common CoinOut pros and cons based on those sources.

Pros

CoinOut is 100% free to use.
There is no minimum cash out amount through direct deposits or Amazon gift cards.
The CoinOut app has a 4.5-star rating on Google Play based on 2,555 reviews.
The CoinOut app also has a 4.7-star rating in the App Store based on 9,787 reviews.
You can upload almost any receipt to earn money.
You don’t have to buy specific products to earn money.
The earning requirements are much simpler than other apps.
Scanning receipts is incredibly quick and easy.
CoinOut offers a referral program.
There are offers to make extra money – quizzes, badges, and more.
CoinOut has a very positive reputation in the financial and business industries.
All user data is highly protected using SSL-encryption.
Data is also secured thoroughly through Amazon Web Services (AWS).
Many users say that CoinOut has a responsive and helpful customer service team.

Cons

CoinOut pay per receipt is low if compared to other receipt scanning apps.
You don’t know exactly how much you’ll earn per receipt.
There’s a limit to how many receipts you can scan per day (which is normal for most receipt scanning apps).
With the PayPal payment method, you need to reach a $10 minimum to cash out.
Low and random pay per receipt can make it difficult to reach the $10 minimum for PayPal.
The CoinOut referral offer seems to change frequently, so it may be low at times.
Some users reported that the app runs slowly for them. This may vary depending on the type of smartphone you use to scan receipts.

My initial take is that the pros outweigh the cons here. It’s clear that CoinOut isn’t going to earn you a ton of money. And the amount you earn isn’t stated up front.

However, you will always earn money for uploading receipts – no strings attached. The app is also legit, easy to use, and has great feedback. It’s a solid pick if you’re realistic about how much you’ll earn.

Best Way To Earn Money Online Reddit 2018

What Receipts Does CoinOut Accept?

This is the main question when it comes to most receipt scanning apps. It’s also what sets CoinOut apart because they accept almost any receipt. The company’s FAQ page states they accept all receipts from any retailer as long as they:

Show the store’s name.
Show the transaction date – receipts cannot be more than two weeks old.
Show the total bill amount.
Show all receipt line items with prices.
Have been previously scanned by you or another CoinOut user.

As you can see, this really does include a

Best Way To Earn Money Online Reddit 2018