What is the “Cashcrate” scam? Is it a legit way to make some money online, or is it the scam so many people are claiming it to be? I looked into it and wrote a review on it.
Read on and discover the truth….
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Company Name: Cashcrate
Owners: Uncertain
Price To Join: Free To Join
My Rating: 1.5/10
~ The “Cashcrate” Review ~
What Is “Cashcrate”?
Cashcrate has been around for quite a while now and is very similar to some other schemes out there such as Fusion Cash and others.
Basically it is all about taking up the offers of various companies that promote on Cashcrate to try out their products or services. Often there is a free trial, provided you first give them your credit card details so they can start billing you after 30 days is up.
Unfortunately, in my opinion, while these types of programs have some merit in a sense, a lot of the companies that jump on board try to sneakily charge you for things that you don’t want and basically scam you into some sort of regular monthly billing cycle for products or services you haven’t even asked for.
There are a few ways you can make some actual cash on Cashcrate, but they are hardly going to make you rich. One of the options is taking paid online surveys, but these will be lucky to net you more than a few dollars an hour. Not much in the way of compensation for your time. You also need to hit the $20 mark to be able to receive a cash out, too.
Paid offers is another option of making money through the Cashcrate platform, but there is a catch to these. You first have to pay out some money to the company with the paid offer before you can actually earn anything from the offer.
Another option for “cashing up” is by referring other people to the Cashcrate system. It’s a 2 tier referral system, so sort of MLM, where you receive 20% of earnings by referrals on the first tier and 10% on the second. However, 10 or 20 percent of minuscule amounts of money is hardly going to add up to a big pay day.
Watching videos for a couple of cents a hit is on offer as well, but you are trading a fair bit of time to make that few cents in remuneration. Not anywhere near worth the trade off.
Smalls jobs and other tasks can also be undertaken to make a little bit of coin, but again not really worth your time and effort.
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Who Is The Target Audience?
Those seeking to make money online for the first time. Those who maybe just want a little extra pocket money.
The Pros
- Free to join
- Plenty of different options to take up to earn very small amounts of cash
- Cashcrate has been around for a while now
The Cons
- It’s a platform where you will be prone to wasting loads of your valuable time
- The payouts for everything on offer are way too low
- Too many businesses trick participants into signing up for deals where they are unknowingly billed monthly
- It’s not always easy to cancel these automatic monthly payments
- To take up any offer from third party companies, your credit card details are required right at the very start
- If you forget to cancel your monthly subscription before your 30 day trial period for an offer is up, you will start getting charged for products you may not want
Tools and Training
Not much in the way of training, but everything you need to access offers and take on paid surveys is at your disposal.
How Much Does “Cashcrate” Cost?
Cashcrate is free to join, but many of the offers will cost you money to get involved. How much varies depending on the offer.
Is “Cashcrate” A Scam?
I don’t believe the Cashcrate website and program of itself is a scam, but there are far too many companies hooked up with the program that are scamming people out of their money, signing them up for monthly deals they don’t want and billing them repeatedly.
Some of the tasks are not even for money, but for prizes such as gift cards or being entered into a sweepstakes draw where you will likely win nothing at all.
In my opinion this entire Cashcrate platform is a serious waste of time. You won’t make any decent money with this. Your head will just go round in circles wondering what to focus on to earn a few dollars.
You are far better off giving it a miss entirely and taking up my suggestion below if you want to learn how to make genuine money on the internet; establishing a business that will grow along with your efforts and great produce passive income in time.
Start A Profitable Online Business
If you goal is to make a good income online, potentially replace your job with a home-based business and make even more money than that over time, then you will be better served learning how to set up an online enterprise that you can do from home and even have the capacity to earn as you learn.
Affiliate marketing and associated online marketing endeavours is a no-brainer business that anyone of any age can get started in. It costs virtually nothing to set up and the training I’m going to suggest is free to get started.
If you want to live the dream of being able to work from home (or anywhere for that matter), then now is the time to start. Imagine not having to go into some job each day, fighting your way through peak hour traffic and burning up a bunch of fuel in the process. Imagine getting out of bed, having that morning coffee, stepping out of the shower and starting work in your home office, your living room, or out on the back deck overlooking the pool.
This is the kind of lifestyle I lead and one that can be yours too….If you really want it badly enough.
I trained with a place called Wealthy Affiliate. It’s so easy to get started. They show you how to set up a home-based business from scratch and it’s free to join and try it all out. After that there is just one monthly paid upgrade option that is well worth it. You won’t find an invaluable business course this cheap and effective anywhere in the offline world.
Give Wealthy Affiliate a try today. There’s nothing to pay and nothing to lose. You don’t even need to supply your credit card details when setting up a free account.
Darren Burton
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Hi there,
Is this another get rich quick scheme that is flooding the internet airways…
I see that you have nipped this one in the bud and have done a great job in warning people who could get badly scammed once more.
Well done again, great job, keep up the good work
Cheers……Phil Browne
Hi Phil. It’s not promoted as a get rich quick scheme, although they do play up the amount of money you can make.
Hi Darren,
Firstly, thank for your review on Cash Crate! I was looking at it and many other reviews just confused the hell outta me. This one set me straight.
It seems like a waste of your time for surveys and videos where you earn so little – your hardly going to claim it.
Yeah, I don’t like how they want your card details and the sneaky billing of services you don’t want, that is scammy!
I have read many stellar reviews of Wealthy Affiliate and I do believe anyone that goes with them will not be disappointed. Time and hard work is the magic formula!
Regards,
Philip.
The main problem with Cashcrate is all the time you spend doing menial tasks for next to nothing. It really isn’t a profitable concept for participants. Really not worth the time or bother.