Receipt Hog Review: Is it legit or a waste of time?
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Many of you have read my Ibotta Review and liked the idea of getting paid for going grocery shopping. If you happen to be one of those people, you will probably going to want to sit back and read my Receipt Hog Review. Because it's the same concept. But is it worth your time and does receipt hog work? Well, that's why you need to read the article silly. So let's dive into it.
What is Receipt Hog?
Receipt Hog ( Receipthog.com ) is basically a free smartphone app that is used to collect research on customer spending habits and preferences. This app is owned by InfoScout. InfoScout is a market research company that has developed a few apps that collects research information for companies using people's smartphones in return for rewards.
How Does Receipt Hog Work & Make You Money?
First, you need a smartphone, then you need to download the FREE receipt hog app at the Google Play or Apple App Store. Did you know you can get paid for downloading apps like this on Swagbucks.com, Inboxdollars.com, and FusionCash.com? Now you do! Once you've done that you're ready to earn rewards. You basically need to take pictures of your shopping receipts using your smartphone and the receipt hog app. In return you earn rewards known as coins that can be redeemed for real cash via Amazon e-Gift cards or PayPal. I'll get into more details later about how the rewards work. But now you have the basic premise of the receipt hog opportunity. If you don't like the idea of “coins” and want to make real money you may want to look into FlexJobs.com.
How Do You Earn Receipt Hog Coins Quickly?
You earn coins in various ways. But it all depends on the type of receipts that you are snapping pictures with the app.
When you snap a picture of a qualified receipt using the app you can earn a sweepstakes entry for their monthly drawing. Their monthly sweepstakes drawing could earn you up to 5,000 coins!
You can also earn spins instead of coins, depending on the retailer on your receipts. If you earn a spin you can use it in the receipt hog app's Hog Slots area, which is like an online slot machine. When you use the spin you earned there, you have a chance at even more coins and 1 lucky winner each day will win the value of their last shopping trip in coins.
Receipt Hog rewards their active users by providing them additional ways to earn rewards including short surveys, barcode scans, and even more spins on the Hog Slots.
How Much Are Coins Worth In Real Money?
So you've read all the ways you can earn coins and how they can be redeemed as real cash using PayPal or as Amazon electronic gift cards. But you're probably wondering how the coins translate into real money. Well, let me break it down below. Just keep in mind that the values were presented at the time of this review. It may change by the time you read this and you may need to visit their site to get the update values.
The app gives coins based on how much was spent on the receipt. Here is the breakdown:
- If you spend $10 you can earn 5 coins
- If you spend $10-$50 you can earn 10 coins
- If you spend $50-$100 you can earn 15 coins
- If you spend $100+ you can earn 20 coins
Now in terms of actually redeeming the coins for cash, here's the breakdown:
- You need 1000 coins to get $5 (which is the minimum needed to cash out).
- You need 1800 coins to get $10
- You need 3200 coins to get $20
- You need 4500 coins to get $30
Swagbucks.com works in the same way, but offers more ways to earn rewards quickly. InboxDollars.com, FlexJobs.com & FusionCash.com, SurveyJunkie.com just pay you in straight cash if you don't want to deal with points.
How Soon Do I Get My Rewards?
So, assuming you have racked up enough coins to redeem an Amazon e-gift card or cash via PayPal, you may be wondering how long will it take to get my money. Well, it doesn't look like you have to wait long. Once you've requested your coin redemption for real cash, receipt hog will usually send it out within 7 days.
Receipt Hog Cheats & Hacks
So if you're a naughty boy or girl looking for a receipt hog cheat, here's one that you may want to try that probably won't get you in trouble.
Apparently some have suggested that you “break-up your spending at stores into smaller individual purchases. This way you can have more receipts to snap. More receipts at a lower total spends will allegedly bring in more coins than less receipts of a higher total spent. I'm not sure if this is true or not. But it might be worth a shot.
Receipt Hog Complaints
So far this all sounds pretty good. But nothing is perfect and neither is Receipt Hog. There are definitely some complaints or areas of concerns with this opportunity. They may not be deal breakers for you, but they're worth noting.
You're Can't Make A Living.
A lot of people that look to work at home are looking to replace or supplement their income so they can pay their bills. If that's you then Receipt Hog isn't designed for you. It's really more of a way to make a bit extra money on things you may purchase anyway. But you can't quit your job and depend on this app to support you. If you're looking to make that transition to a team then you may want to check out FlexJobs.com & My Top Free Work At Home Recommendation.
No Dumb Phones Allowed
In this day and age, most people have smart phones. Even my parents have them. But there are a lot of folks that don't have them for whatever reason. These folks still use things like a flip phone, typewriter and a VCR. If you don't know what any of these things are then I've aged myself. But regardless you need a smart phone like an iPhone or Samsung Galaxy to use the receipt hog app to make money. If you don't have a smartphone, you can earn money using Swagbucks.com, SurveyJunkie.com, InboxDollars.com or FusionCash.com.
You ain't reading my emails
Apparently Receipt Hog has an Email Connect Program so users that receive email receipts can still earn coins. But to participate you need to allow the Receipt Hog program to read your e-mails to collect information from e-receipts. Receipt Hog claims they only read the email of certain retailers with this program. But I think some people would be concerned about the privacy aspect of engaging in this program. Fortunately, it's not required to use receipt hog.
You better be active.
Apparently, after 3 consecutive months of inactivity,Receipt Hog may freeze or eliminate your account. I'm not sure if you receive an email before this happens. But it would really suck if you racked up coins that you were saving for later and they shut down your account.
Don't You Want Me To Share?
Unlike Ibotta, Receipt Hog doesn't have a referral program. Talk about dropping the ball. As many of you know I make a great living sharing companies I have researched that can help you make money. Most companies want you to share their opportunity so they can get more people in. The smart ones reward their existing members to recruit others. Setting up a referral program usually means everyone can win. But apparently Receipt Hog doesn't. So that sucks.
So Is Receipt Hog A Scam?
Receipt Hog does seem to work and people are making money. Even with the minor complaints I mentioned it may still be worth a shot because you can get paid some extra money for something you're already doing. But you definitely can't look into this as a way to make some real money. I'd love to hear your thoughts about this company. So please leave a comment down below.
What's A Good Alternative?
I've already mentioned Ibotta is a similar program you can try as well. But it still has the same limitations of not being able to make you real money and you still need a smart phone. Now if you're looking to make real money that can be used to supplement your current income or replace it totally, then you may want to look into FlexJobs.com and my #1 Free Work At Home Recommendation. It's what helped me earn a full time income online and it's also the reason you found my blog. So you may want to consider it, especially since you have nothing to lose.