Want to make an extra 1% – 2% in cash back on every purchase? The Yaarlo App (bonus code FRUGAL) will pay you to scan your receipt via your smartphone. Available for both iOS and Android devices.
What Is Yaarlo?
Yaarlo is a free mobile app that collects market data. They in turn use this data to sell to other companies so that they can see what customers are buying and how much they are spending on specific products.
Yaarlo needs a way to collect this information, so they are willing to pay consumers like you to scan a picture of your receipt via smartphone. Essentially you’re getting paid to go to a movie, eat out, or even just go grocery shopping.
Yaarlo states on their website that they pay anywhere from 1% – 2% cash back on your total receipt amount. While it may not seem like much, if you end up making a $250 purchase, you’re looking at a total of $2.50 in cash back. That can quickly add up, with a bare minimum payout of 1 cent per receipt.
They’ve partnered with hundreds of retailers, so you don’t have to worry about picking and chooses particular places to go shopping. Just to name a few, you can scan receipts from Subway, Safeway, Target, Walmart, and many others. There’s also a lot of other local deals that are only available in your city.
The cash that you earn can either be exchanged for gift cards (such as Amazon) or to PayPal. You need a minimum of $10 to cash out.
How Do I Get Started With Yaarlo?
It may be a bit confusing with the app interface on how Yaarlo works, but after the initial setup and getting used to it you’ll find it to be quite simple. Getting started only takes 3 steps.
1. Download. You can download the app for iOS or Android devices. Login via Facebook or Google+, or you can create an account using your email address. Use the referral code FRUGAL to receive a bonus on sign-up.
2. Scan your receipt. In the app hit the “Scan Receipt” button and take a picture of your receipt. Just make sure it has the store name, date, and total purchase amount.
3. Cash out. One you reach the $10 minimum, click on the “My Balance” button to view your prizes. They’re sent via email or to your PayPal usually within 7 business days.
How Much Can I Expect To Earn?
As we mentioned above, Yaarlo states that you can expect to earn 1% – 2% cash back on your total purchase price depending on the store that you shop at. However, I found that this isn’t always the case.
Recently I went to Subway to make a purchase on a $6 sandwich. I uploaded my receipt and the next day I found that I only had $.02 cents in my account, a little bit short of the expected amount.
After reading some reddit reviews, I found that one per ended up scanning a $250 dollar receipt only to receive $.22 cents in cash back. This is a far cry from 1% in cash back. However, given the fact that it takes only 30 seconds to upload an app, I can see it being worth it on larger purchases. For smaller ones I might not even bother.
Can I Use This With Other Receipt Scanning Apps?
In fact, you can check out the top 10 apps that pay you for scanning your groceries. ReceiptPal and Receipt Hog will work on almost any receipt while the other apps mentions in that list will only work on specific products.
How Can I Earn Some Extra Cash?
Yaarlo also has a referral program that pays you $.50 cents for every friend you refer. If you’d like to support FFL, we’d greatly appreciate it if you use our referral code FRUGAL upon sign-up. We’d greatly appreciate it!
I’m only going to use Yaarlo for larger purchases since they don’t seem to be living up to their expected payout of 1%. I find it to be about half of that, or even less sometimes. Yet if you shop at a major retailer such as Target, they’re more likely to give you more cash.
Make sure to use this app with other receipt scanning apps to increase your amount of cash back with each purchase. You can only scan your receipt once to each app. How much cash back are you getting with Yaarlo? Let us know in the comments below. Thanks for reading and happy frugaling!