The Unofficial Official subreddit for Fetch Rewards đ. Use Referral Code: D1NGU for 2$ New Users. Each Referral is 2k =2$. You can redeem them for gift cards and of course you can always sell those gift cards for cash. Over 200 gift cards. From gift cards to the ps store, raybands, iTunes, Amazon and many more. Show
Some links on our website are sponsored, and we may earn money when you make a purchase or sign-up after clicking. Learn more about how we make money and read our review methodology. Fetch Rewards promotes itself as âthe easiest and quickest way to save,â and more than a million users have given the popular receipt-scanning app a five-star review on the iOS app store. But is the program legit and worth your time? In this Fetch Rewards review, Iâll walk you through my two-week test of the app, showing you exactly how much money I earned and how much work was involved. Plus, Iâll go over the type of person who shouldnât even bother downloading the app. Fetch Rewards offers one of the best overall experiences of any receipt-scanning app that weâve tested, thanks to its consistent payout amounts (each receipt earns at least 25 points) and its low minimum withdrawal ($3). Users can upload up to 35 receipts per week, so frequent shoppers may be able to earn a few free gift cards per year with consistent usage. FETCH PROS:
FETCH CONS
Fetch Rewards Review: Key FactsBefore we dive into the Fetch Rewards appâs inner workings, letâs do a quick overview.
How Fetch Rewards WorksEssentially, you snap a picture of a receipt (any receipt) and earn Fetch rewards points. When youâve collected enough points, you can redeem them for free gift cards. Simple enough, right? Once you download the Fetch app, you can start taking pictures of any receipts youâve collected over the previous two weeks. Any receipt from any retailer counts. As long as the receipt has a merchantâs name, the total amount spent and the date, Fetch will accept it and give you at least 25 rewards points. The whole receipt scanning process takes about 10 seconds from start to finish. This simple, easy rebate app is CEO Wes Schrollâs brainchild from way back in 2012, when he was a sophomore at the University of Wisconsin-Madison. Since then, heâs grown the company to a whopping $1 billion valuation. Fetch makes its money by partnering with companies and selling them the data it compiles. Personal info, shopping lists and spending habits are all considered fair game for Fetch to share with these partners. Their privacy policy doesnât actually answer how they share your data (i.e., whether itâs encrypted, personalized, etc.). Instead, they suggest you do your own research on its hundreds of partnered brands to determine what other companies may or may not know about you. Fetch Rewards Partnered BrandsMost users will earn more than 25 cents per receipt. Fetch has partnered with 350+ of Americaâs most popular brands, like Pepsi and Cheerios, and you earn extra points (generally 50 points) when you buy their products. You donât have to purchase any specific items from these partner brands â the extra points are added automatically when a brand appears on your receipt. Bonus PointsSome brands also run limited-time special offers, which you can find on the appâs main dashboard. These offers are unique to you and can earn you hundreds or thousands of points each. Here are the 10 most valuable bonus offers I found at the time of publication, ranked based on total points awarded.
If you scroll down to view the bonuses available at the 2,000-point level, you start to see more commonly purchased items, like diapers, snacks and paper towels. However, youâll spend a lot of time scrolling through the bonuses because they change from week to week and thereâs no way to filter or search them. Some of the most useful special offers are percentage-based rather than fixed point amounts. For example, when writing this review we found offers for 100% back on a package of Klondike Reeseâs Bars and 4% on Barilla pasta products. How Much We Earned Using Fetch RewardsAfter exactly two weeks of use, I earned 2,502 points, which is the equivalent of $2.50. 1,000 Fetch Rewards points = approximately $1. 2,000 of those points were for a âwelcome backâ bonus, as I had tested the app previously prior to writing this review. (It wasnât specifically called that, but Iâve noticed that Fetch does offer more special bonuses when youâre a new or returning user.) I earned 202 points in bonuses for buying products from partnered merchants. The rest were from normal 25-point receipts. Hereâs my Fetch Rewards earnings breakdown:
So is Fetch worth the effort? Well, like most things in life, little effort results in little reward. Without that 2,000-point bonus, my âearnings per hourâ would actually be $1.30. However, I buy mostly store-brand products, which lowers my earnings. Those who buy products from the partnered brands, or who shop more frequently, will have somewhat better luck. More Fetch Rewards Earnings DataOne of The Ways To Wealthâs editors tested Fetch Rewards over a 10-month period from January 2021 to October 2021, using the app for both personal and business purchases. Hereâs his data from that test period:
As we noted above, 1,000 fetch points equates to about $1. So this 10-month test produced a total return of $14.45, or approximately .136% of his total spending. Getting PaidWith Fetch rewards, youâll need to collect at least 3,000 points to cash out. Remember: 1,000 points = $1, so the minimum cash-out is $3. Redemption OptionsFetch offers five point redemption options:
The final option has the lowest barrier to entry, as you can play the sweepstakes with only 100 points. Next, at 3,000 points, you can cash out the lowest level gift card ($3). However, as shown in the screenshot below, not all gift cards are available is $3 allocations. At 5,000 points you can redeem points for a magazine subscription. Finally, the lowest level Visa card requires 6,000 points, but only gives you a $5 digital card (if you want a physical card, they take out $3 for shipping and handling). Time Required to Earn RewardsLetâs assume you buy at least one name-brand item each time you go to the store. Letâs also assume you got that 2,000-point bonus at the beginning, but not afterwards (since youâre now a loyal user). Hereâs how long it would take you to earnâŠ
Based on the data collected in our 10-month test, you can expect a total rate of return of around .136%. CNBC reports that the average American household spends approximately $22,665 per year, so that same average family could expect to earn points worth around $32.80 of gift cards (assuming they uploaded every receipt). Our Cash-Out ProcessIf I only had the 2,502 points I earned over the course of this two-week test, Iâd only be able to play the sweepstakes because the minimum points for a gift card is 3,000. However, because I had some points left over on my account from a few months ago, I was able to test the current cash-out process. I opted for a $5 Dunkin gift card, which the company says can take up to three days to process; I received mine via email about an hour after requesting it. Fetch Rewards: Additional FeaturesLike all companies trying to keep a competitive edge, Fetch tries out new features every so often. Here are some of their additional features theyâre showcasing. Fetch PayFetch Pay is a physical debit card you can use at any location for any purchase. In exchange, you earn one point per $1 spent. (Meaning youâd need to spend $3,000 to earn a $3 gift card). You can also snap pictures of receipts you received when paying with Fetch Pay, thus double-dipping on rewards. Given Fetchâs points-to-dollars exchange rate, 1 point per dollar amounts to a cash-back rate of 0.1% â well below what you can earn with other cash-back debit and credit cards. Related: These cash-back apps often pay 5-10% on online purchases with minimal effort. Activity DashboardFetch keeps track of your spending with neat graphs and monthly breakdowns. It can show you how much youâve spent at a particular store in a particular week, month or year, and exactly what you spent each trip. This is great for people using budgeting apps like Rocket Money, which only track spending for two budget categories with their free plan. Fetch basically does some of the budget tracking for you, as long as you snap a picture of every receipt. Also, fetch keeps a record of every receipt you upload. This can be helpful for expense tracking, if you need to dispute a charge later, or if you want to make a return or price protection claim after youâve discarded the paper receipt. Hereâs an example of what the receipt log looks like: Fetch Rewards Referral ProgramIf youâd like to make some extra gift card cash and you have a large, untapped friend network, you might consider using the referral program. Though the bonus point amount changes every few weeks, most people earn a referral bonus of somewhere between 2,000 to 4,000 points. Youâll get a bonus every time a friend signs up and snaps their first receipt. You can find your unique referral code by opening the Fetch app and navigating to Me > Refer a friend. Fetch ClubsCurrently, Fetch is piloting two club programs: one with Huggies and the other with Pepsi. Clubs are essentially loyalty programs, giving you access to extra reward points, special bonuses when you hit certain spending milestones (like $150), and bonus content like recipes, sweepstakes, and even a yearâs subscription to a magazine. Fetch vs. IbottaIbotta is another popular receipt-based rebates app. You snap a picture of your receipt (or link your Ibotta account to your store loyalty card) and earn rebates based on your purchases. You can redeem that money in the form of gift cards or a cash deposit. However, you need to manually scroll through and select each desired Ibotta offer from the hundreds available at any given time (I counted almost 650 available at my local grocery store today). If you forget to âaddâ an offer, you get $0, even if you bought the item. Learn more in our in-depth Ibotta Review. Another key difference between Fetch and Ibotta is that you can only use Ibotta when you shop at specific stores. When shopping in person, the majority of offers are found in major grocery stores. However, Ibotta also has a browser extension so you can earn cashback when you shop online at a ton of major retailers, (frequently 1% cashback, but some stores offer more). Unlike Fetch, Ibottaâs rebates are pretty high. They frequently offer large rewards like â$10 for redeeming 16 offers,â âbuy one, get one freeâ offers, or even completely free items. They also have the âany brandâ offer section, where you can get cashback for buying any brand of household staples like soda, diapers or laundry detergent. Ibotta takes more work but earns you more cash. Though I havenât done a comparison as to how many hours Iâve spent with Ibotta, Iâve earned close to $200 in the year and a half Iâve used it. In a year with Fetch, Iâve earned about $13. Fetch Rewards FAQIs there a limit to how many receipts you can upload? Yes. Thereâs currently a limit of snapping no more than 35 receipts in a 7 day period. Can you upload the same receipt to multiple apps? Yes! The same receipt can be uploaded to Ibotta, Receipt Hog and other rebate apps. What is an eligible receipt? Fetch accepts receipts from all merchants, but only if they meet certain criteria. To be deemed an eligible receipt, it needs to be no older than 14 days, and it must include both the merchantâs name and the total amount you paid. Do Fetch points expire? Yes. If youâve done nothing on your account (no receipt scanning, no redeeming rewards, etc.) your points will expire in 90 days. You get an email after 60 days, and if you snap another receipt before the 90 day mark, your points will stay valid. Can you earn points for online purchases? Fetch Rewards is strictly a receipt-scanning app and does not offer a cash-back shopping portal. However, you can earn points for online purchases at a limited selection of popular retailers and restaurants by linking your Amazon and/or email account and allowing Fetch to scan your e-receipts. You can see the list of participating brands here. Can Fetch Rewards points be exchanged for an Amazon gift card? Yes, you can redeem your Fetch Rewards point for free Amazon gift cards. Additionally, Fetch has one of the longest lists of gift card options weâve seen in a rewards app, with options from dozens of popular retailers. What is the âSocialâ tab within the Fetch app for? In late 2021, Fetch added limited social networking functionality to the app which allows you to connect with friends. Once connected, users can see each otherâs point totals and compete on a monthly leaderboard. The company says this is meant to gamify the app, encouraging users to compete to see who can earn the most points. Unfortunately, thereâs no incentive to do so â there are no team challenges and you donât win anything for ending a month atop the leaderboard. Fetch Rewards App: Our Final Thoughts and RecommendationThe Fetch app can be a useful tool for certain people. If you shop frequently (even multiple times a day), youâll get at least 25 points for every trip to the store, gas station or restaurant. If you already buy items from Fetch Rewards partners (or are willing to switch brands), youâll get even more points. For this reason, we rank it as one the best cash back apps for groceries. If youâre looking for a way to save money at the grocery store, we recommend signing up and using it for a month to see if itâs worth your while. And any app that can buy me a Dunkinâ mocha with basically zero effort is a win in my book. Hillary Swetz reviews personal finance products, apps and services for The Ways To Wealth. Connect with her on Twitter @hillaryswetz and read more of her work on her frugal living website Homegrown Hillary. How many receipts does Fetch process in a month?You can only scan 35 receipts in a rolling seven-day period, and receipts older than 14 days will not be accepted.
How many receipts do Fetch shoppers snap in a month?The system currently has a limit of submitting 35 receipts within a 7-day period. This 35 receipt limit is based on the date you snap the receipt, not the checkout date. This simply means that over a rolling 7-day period, you can snap up to 35 receipts.
How many receipts are scanned on Fetch Rewards?With Fetch Rewards, all you have to do is upload your receipt to the app and you'll receive points immediately. There are no barcodes to scan or offers that need to be unlocked. However, receipts must be scanned within 14 days of the checkout date, and you can only scan 35 receipts over a 7-day period.
What happens if you keep scanning old receipts on Fetch?We may not be able to accept or process receipts from some retailers, and so, Points will not be available for submitting those receipts. We do not accept receipts and will not award Points for purchases for transactions that are older than 14 calendar days.
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