Product Name: Cash Crate
Minimum Payout: $20
Rating: Waste of Time
What Is It?
Do various micro-tasks to money and prizes.
Yes, this is a legitimate company that pays, but no it's not worth your time. If you are serious about making money online, these types of survey or trial offer sites are not worth the time you put into them.
Before You Start
You may have seen other reviews that say how much money they made so far using Cash Crate, and how it's a legit way to make money on the internet. Yes, this is a real company that actually pays, and though there are people that call it a “scam”, most of these people are complainers that broke rules they were unaware of.
However, the first red flag you should notice is the $500 unemployment check that's flashed at you as soon as you sign up.
This means two things. One, they are targeting people in desperate situations, which is unfair in my opinion. People on unemployment will absolutely NOT make enough money to pay the bills or put food on the table using Cash Crate or other similar sites.
The other thing is that you need to start seeing the total BS that this site will put you through in order to actually earn money. After clicking for about 15 minutes, I was no closer to getting any kind of check, but I had successfully given my contact information to about 3 different companies.
No doubt these companies will contact me with other offers. And so the “offer tsunami” begins.
Tasks To Earn Money
- Micro Jobs
Below are some screenshots I took of some members that were advertising their earnings in the forum. Screenshots were taken from recent posts, most from today (July 7, 2014)
What I Didn't Like
Earning Cash VS Earning Prizes
You are going to have to pay attention to find out what you are actually spending your time to get. Many of the tasks you need to will only reward you with gift cards, or even worse, entries to sweepstakes.
CC does a good job of separating these from the cash offers, but beware. Many times, even those that say they pay in money, have money as just one option and they usually pay disproportionately less than if you were to exchange your points for a gift card.
How Much Is Your time Worth?
Lots of these jobs only offer to pay less than $1, and very rarely is it more than $3. This means you'll have to complete 6-10 tasks per hour just to make minimum wage (in some states, not others). This seems doable, until you realize that some offers do not actually register to your account after you complete them.
No fair? Cash Crate says they're not responsible for this because it's a problem with your browser. Bummer dude! Did you computer crash or you lost your place? Start over. Now you're working for $3 per hour.
Why I Hate Trial Offers
Of course the things that pay the most are the trial offers. We've seen this advertised in scams like Instant Payday Network and Project Payday. These offer signups pay the most because in order to have them go through ,you must hand over your credit card information!
Some are free trials that start billing in 7-30 days. Some are discount trials that pay more than the discount is worth. A good example is the one I found that pays $18, but requires you to pay $9 to sign up for something.
This may sound appealing to you; after all, if you can complete enough of these you can make a few bucks more than the surveys. BUT, things get complicated when you get serious about making money this way.
You will have to track all of the things you sign up for, what date you started, when you trial ends, and all contact information to cancel when the time comes. Many places require you stay signed up for a specific period of time (like 30% of the trial offer period), further complicating things.
All it takes is one slip up of a $50 rebill and you could set yourself back to $0 earned, or even losing money on the deal!
Say No To Surveys
I've reviewed many survey sites here on One More Cup of Coffee. None of them have impressed me. You spend hours on end answering dumb questions, and like the examples above, sometimes there are form errors or other problems that occur that mean you waste time and earn nothing.
All the talk about companies wanting your opinion is just hype to get you to sign up. Sites like Cash Crate make a ton of money off of people like you that are willing to sell their time for pennies.
One Good Thing
One interesting thing that I did appreciate about CC was the Payment Wall. This is a picture gallery of people showing off how much money they made. The amounts were small ($20-$50), but nonetheless, it showed that there's a bit of a community spirit here.
One interesting thing is that only about 1-3 people posting per day. I would think of the thousands that are using this service, that more people would be excited to show off their payments. It makes you wonder how many people are actually getting paid. Still, there is a forum with people asking and answering questions, so if you absolutely have your heart set on making money in this way, CC is a good site to do it at.
Cash Crate is the one that profits most from your time spent on the site. There's no reason you should be selling your time at such a cheap rate. An extra $20-$50 per month will not make much of a difference in most peoples lives these days.
At the very least, your time would be better spent learning a new skill, getting an education, or improving your knowledge of your current job to work your way up the ranks.