MoneyMagpie

Jul 30

Make money from your receipts

Most of us are into the habit of throwing away our receipts or, these days, not even taking them from the cashier. Surprisingly, there’s easy money to be made from holding onto sales slips, and most of it can all be done from the comfort of your phone.

 

Get cash for uploading your receipts    

Couple looking at receipt

Holding onto receipts and then uploading them onto apps is a quick and simple way to make money. It really doesn’t matter if your receipts are from the supermarket or the hair salon.

How do I do it?

Download apps such as Receipt Hog onto your phone, and take a photo of any receipts you may have. After uploading, you will receive tokens which can be redeemed for Amazon vouchers or PayPal credits. Once you’ve earned 1,000 coins you can choose to receive a PayPal transaction, an Amazon e-gift card, or a Visa/MasterCard code. You could also make money from winning spins, which allows you to play on a virtual slot machine for a chance to win coins worth the total amount of your last shopping transaction.

What else do I need to think about?

Apps such as Receipt Hog work on the premise of collecting data and doing market research on your purchases, so if you’re a bit of a privacy patron this might not be up your street. Additionally, you can only upload up to 20 receipts a week on Receipt Hog.

How much could I make?

For every 1,000 points, you will earn a £5 Amazon voucher and 1,500 points will credit you £5 on PayPal.

Want to find another easy way to earn regular £5 Amazon vouchers? Then check out our reward program Magpie Money. 

 

Start collecting receipts at supermarkets 

Woman looking at grocery bill

This really isn’t as shady as it sounds, in fact the art of wombling could earn you money off of someone else’s purchase.

How do I do it?

The best place to find abandoned receipts is in supermarkets, where they are often discarded at self-check-out machines and on the floors. Just like uploading your own receipts onto mobile apps, you can then upload the ones you have collected. In much the same way, you can earn money and vouchers by taking a photo of the receipts and submitting it to apps such as Shopprize UK, Checkoutsmart, and Greenjinn. You could also make money from nectar card points and price guarantees from supermarkets like Asda.

What else do I need to think about?

While wombling isn’t illegal, some companies may have stipulations regarding who can use loyalty points on receipts.

How much could I make?

According to other money saving sites an avid wombler could earn an average of £250 a month, however this really does depend on your level of commitment.

 

Claim cashback on receipts

Reciept

Claiming cashback on your groceries doesn’t have to be done in-store, in fact, there are now many cashback websites where you can take advantage of offers.

How do I do it?

Apps such as Shopmium allow you to get cashback on eligible products listed on their website. You simply have to download the app and create an account. Search for offers and find the item in your local store, after purchasing keep your receipt and upload it onto the app. You will then be able to receive money back via PayPal or a bank transfer. Other sites such as Topcashback  and Quidco work in a similar way.

What else do I need to think about?

Cashback sites do often take time to put money into your account, so if you’re expecting money quickly you’ll need to be patient.

How much could I make?

This will depend on the products you are purchasing and the retailer you are purchasing from.

 

Take advantage of back-of-receipt offers

Supermarket receipt

One of the best ways to save money on purchases is to keep receipts which have offers listed on the back.

How do I do it?

Simply keep your receipts and check if there are any offers listed on it which you can take advantage of next time you buy something from that particular store. We think the best way to avoid missing out on these offers is to stick these receipts on your fridge or somewhere with high levels of eye traffic.

What else do I need to think about?

Usually offers will be valid within certain time frames, so make sure you don’t miss out on them.

How much could I make?

It’s better to consider this as a money-saving venture. There are all sorts of offers promoted by different retailers. For example, Holland and Barrett often give 20% off next purchases over £20.

 

Hold onto receipts after big buys

Woman looking at her supermarket receipt

Most big buys will include warranties for a certain period of time; therefore, holding onto the receipt for your new juicer could prove to be handy down the line.

How do I do it?

It’s best to keep receipts of electrical goods etc. with their manual, that way you will be able to locate them quicker. If you have a faulty item, take it into the store you purchased it from and present your proof of purchase to a customer services team member. Usually, you will receive a replacement item if you have brought back the item within the warranty period.

What else do I need to think about?

Even if your warranty period runs out you may still be able to claim back on a faulty good under The Sale of Goods Act. This could be anywhere of up to six years.

How much money could I make?

It will vary depending on the item. Let’s just say your £200 hoover has packed in long before you expected it to, you could receive a new hoover for free (providing you kept hold of your receipt!)

 

Even if you’re the kind of person that hates the unsightly mess of pyramids of paper lying around, you might think twice before binning your receipts since there’s no shortage of ways to make and save money from keeping them.

 

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