Reviews

Fetch Rewards Review – Should You Download This Cashback App?

If you are a cashback king or queen, you might be looking for the next best cashback app. Maybe you’ve heard of Fetch Rewards, and you want to know if it’s worth the download. Now, you’re in search of a Fetch Rewards review that will give it to you straight. 

Keep reading because you’ll soon find out all of the details that you need to know. In this review you’ll find out how Fetch Rewards works, the pros and cons, and possible alternatives. 

Fetch Rewards

How Does Fetch Rewards Work?

Fetch Rewards is a mobile application that rewards you points for taking photos of your receipts. And unlike other cash back apps, you do not have to choose item offers before scanning your receipts. The best part is that you can scan both physical and digital receipts.

After you download the app, you can sign up using your email address or Facebook account. You will also need to enter your phone number and the state you reside in. To complete registration, you will need to confirm the code that is texted to you.

To earn points, you need to upload any receipt within 14 days of making a purchase. Additionally, you may only scan up to 14 receipts in a rolling 7-day timeframe. 

For those of you with an iPhone, you can also link your email and Amazon account to earn from your online purchases.  

While you can earn points from any grocery receipt that you upload, you’ll make more if you purchase specific brand name items. They currently work with over 300 brands. Some of the major brands they work with include Dove, Hershey’s, and Kraft. 

Fetch Rewards Brands

You can also earn more points for completing one of their “Special Offers.” You’ll need to buy specific items and quantities, but earnings can range from 500 points up to 10,000 points!

You can also earn points through referring friends.

The value of 1,000 points is equal to $1, and you can cash out at 3,000 points. Noteworthy is that points expire if your account is inactive for 90 days. Expect to also wait 48 hours for your points to be processed. 

Once you have enough points, you can redeem your points for gift cards. 

Fetch Rewards Points

Fetch Rewards Pros

Now you know how Fetch Rewards works. However, before you download the app, you’ll also want to know the advantages of using the app. Keep reading to find out. 

Low Minimum Payout

Many cashback apps require you to earn $10 to $30 to cash out. Fetch Rewards only requires you to earn 3,000 points, which is equal to $3. That means you won’t have to wait as long to cash out. For those who like to get their money sooner than later, this is a definite benefit. 

Fewer Limitations On Cashback Rewards

Unlike other cashback rewards apps that require you to select specific item offers before scanning your receipt, you don’t have to do that with Fetch Rewards. That makes the process of shopping and earning cashback extremely convenient. Additionally, you can shop anywhere and still get points. And as long as you buy one of the brands they work with, you’ll be able to earn even more points.

More Than One Way To Earn

While you can make money simply from scanning receipts, you’ll earn more from buying certain brands and completing their “special offers.” Additionally, you also get rewarded for referring friends. 

Bonus Earnings

When you first sign up for Fetch Rewards, you’ll get a receipt bonus of 1,200 points by scanning your first two receipts. You can also earn more points from completing “challenges.” Additionally, when you refer friends, you get 2,000 points. If you refer enough friends, the earnings will add up! You can also earn large amounts of points from completing the “Special Offers.” Overall, Fetch Rewards has got options when it comes to making more money. 

Fetch Rewards Discover

Straightforward Point System

Certain cashback apps won’t tell you how many points you’ll receive per receipt. Other cashback apps have rewards that vary based on what you purchase, but with Fetch Rewards, the point system is relatively straightforward. Every time you scan an eligible receipt, you’ll earn a minimum of 5 points. Receipts from the following earn a minimum of 25 points no matter how many items you purchase:

  • Grocery stores/Supermarkets
  • Wholesale club stores
  • Hardware stores
  • Pet stores
  • Convenience retailers

You can also earn extra points by purchasing brand-name products that they work with. You’ll earn 10 points for every dollar that you spend on a branded product.

Fetch Rewards Cons

Now that you know all about the advantages, you’ll also want to know about the disadvantages before making your decision. 

You Can’t Link Your Cards

Certain cashback apps allow you to link your credit and debit cards to earn on your purchases. Fetch Rewards only rewards you when you manually upload receipts. For those who prefer the convenience of using cards, this is a significant con. 

Low Point Value

While there are some hefty bonuses and special offers, the general point value is still relatively low. After all, 1 point is only worth $0.001. That means you’ll only be able to save $0.025 on a typical receipt. Other cashback apps have higher saving percentages. 

Limited Payout Options

Some cashback apps allow you to get paid via direct deposit or PayPal. Fetch Rewards only pays via gift card, so the app might not be the best option for those who prefer to get paid in cash. 

Is Fetch Rewards Worth It?

While the pay on Fetch Rewards might not be as high as with other cashback apps, it’s still worth using in combination with other apps. That way, you can get cashback on more than one receipt. Also, because it’s easy to use and you don’t have to buy any specific products, you know you’ll make some money back on every receipt, even if you only purchased one item.

The verdict: saving some money is better than saving no money. 

Are There Other Cashback Apps Like Fetch Rewards?

If you like the idea of saving money on your purchases, you might be wondering if there are other cashback apps that you can benefit from as well. Fortunately, there are. Another cashback app that is simple to use and will reward you on most receipts, without pre-selecting offers, is CoinOut

You also have the option of the popular receipt scanning app, Ibotta, which also offers higher pay. For those who want an app where you can link your credit card, Rakuten (formerly known as Ebates) is your best bet. 

You can also receive cashback using the following apps/websites:

Luckily, you aren’t limited to using just one. 

Wrapping Up: Fetch Rewards

If you love to save money while you shop, Fetch Rewards is just another way to do that. If you’re already using other cashback apps, it’s worth it to use Fetch Rewards as well, so you can save even more! Plus, you don’t have to purchase any specific items, which makes using the app highly convenient. Now, it’s time to rack up those Fetch Rewards! 

Overall Rating: 4.33 out of 5

Kevin Martin

Kevin is an ambitious entrepreneur that is obsessed with all things related to finance. From a young age, Kevin has always been involved with side hustles ranging from online selling to freelance work. Over the years, Kevin graduated from side hustles and started launching multiple online and offline businesses. Kevin is a serial entrepreneur who loves starting new businesses and exploring all things related to business and finance. He is constantly looking for new ways to save money, invest money, and create income streams.

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