Coinout App Review: Get Paid Every Time You Shop
CoinOut is a cashback app rewards program that pays you every time you shop. CoinOut’s game-changing app turns your shopping into real money and works at over 8,000 stores nationwide.
You’ve probably heard of various ways to make money by shopping. Merchant rewards, travel, and entertainment points, cashback, or discount programs. But have you ever heard of Coinout? In this article, you’ll find out what Coinout is, how it works, and the ways you can use it – from getting paid for your retail receipts to buying gift cards with your earnings.
Money is tight for most people. Whether you’re a student that’s trying to budget for food, or someone who just can’t seem to save up enough money on your salary – the struggle to get by is real. With Coinout, you can make money every time you shop at your favorite stores.
How to Sign up for CoinOut?
1. Visit the CoinOut website and create an account, or download the app which is available on iOS and Android. Be sure to use a valid email address so you can receive your payout.
2. Connect your debit or credit card to your CoinOut account. This is how you’ll earn cash back on your purchases.
3. Start shopping! Whenever you shop at one of the thousands of supported retailers, be sure to use your linked card. You’ll automatically earn cash back on your purchase.
4. When you reach $20 in your account, you can cash out via PayPal or Venmo. There’s no fee to cash out, and you’ll receive your money instantly.
5. That’s it! You’ll now get paid every time you shop, without having to do anything else. Enjoy earning cash back on your everyday purchases!
How much money can you make with Coinout?
CoinOut allows you to cash out to your bank through Zelle, by purchasing an Amazon gift card, or lastly, through Paypal. While there is no limit to cash out to your bank, or for an Amazon gift card, Paypal cashout requires a minimum of $20.00
How Do I Earn Cash For Scanning Paper Receipts?
You will need to scan any receipts you’ve received from shopping by placing them on a flat surface that is solid, dark, and free of distractions, and then press the ‘Scan’ button found on the home screen of the CoinOut app.
Make sure to align the receipt within the rectangular box to ensure the information clear, or else you may not receive your reward. Next you will need to press the ‘Scan’ button to capture an image of the receipt.
Soon after, you will receive a randomized amount of cash back, usually ranging from $0.02-$0.10 with some even netting up to $0.15 per receipt!
How Do I Earn Cash For Scanning E-Recipts?
Alongside being able to earn from your paper receipts, CoinOut will pay you for e-receipts too!
Thankfully, CoinOut no longer requires members to forward their email receipts. Now you can connect your email account and get rewarded. Who would have thought you could earn passive income just by shopping for everyday items you’re already needing to purchase?
CoinOut allows you to connect up to 5 email addresses; however, only the following domains are permitted at CoinOut:
- gmail.com
- yahoo.com
- aol.com
- hotmail.com
- outlook.com
CoinOut also allows you to connect your Amazon, Walmart, or Instacart accounts for more automatic savings from any receipts found while your connected email is scanned through.
It is also important to note that your login information is stored on your device and CoinOut does not collect nor send this information to store on their servers.
How Do I Earn More with CoinOut Badges?
Coinout Badges provide opportunities to earn more cash. Some of these offers include links to sponsored partners where you can earn money to try new products, increased receipt limits (+4 per day), online surveys, cash back on purchases, and much more.
How Do I Cash Out My Coinout Balance?
CoinOut allows you to cash out to your bank through Zelle, by purchasing an Amazon gift card, or lastly, through Paypal. While there is no limit to cash out to your bank, or for an Amazon gift card, Paypal cashout requires a minimum of $20.00
What Retailers Use CoinOut?
Coinout is a cashback app that gives you money back on your everyday purchases. It’s similar to other apps like Ibotta and Swagbucks, but it has some unique features that make it worth checking out.
For one, it’s extremely easy to use. Just link your credit or debit card to the app and start shopping as usual. Every time you purchase at a participating retailer, you’ll automatically get cashback in your Coinout account.
Coinout also has a great selection of retailers, including many major brands like Amazon, Walmart, Target, Starbucks, and more.
Plus, there are no minimums to cash out, so you can withdraw your earnings at any time. Overall, Coinout is a great way to earn some extra money on your everyday purchases.
Why You Should Use CoinOut
There are many cash back rewards programs, but CoinOut is a little different. Instead of being linked to specific credit cards or stores, CoinOut allows you to earn cash back on any purchase, from any store, simply by uploading a photo of your receipt.
CoinOut is a great way to earn a little bit of extra money on everyday purchases. However, there are a few things to keep in mind before signing up.
CoinOut is a great way to earn a little bit of extra money on everyday purchases. However, there are a few things to keep in mind before signing up.
Pros:
- Earn cash back on any purchase, from any store
- Easy-to-use mobile app
- Redeem your cash back for PayPal or gift cards
Cons:
- The minimum payout is $5
- Only available in the US
Conclusion
CoinOut is a great way to get paid every time you shop, and it’s totally free to use. With CoinOut, you can earn cash back on your everyday purchases, and all you need is your phone. It’s easy to sign up and start earning, so why not give it a try? You could be earning cash back on your shopping in no time!
Finally, CoinOut does have a referral program where you can earn $5 for each friend you refer to the app. So, if you’re looking for a way to earn extra cash simply by shopping for everyday items as you normally would, then be sure to check out CoinOut. It’s a great way to get paid for something you’re already doing!
