Is Cash App a Scam? It’s a question that you and many other people are thinking when these mobile apps promise that you could earn easy money with your smartphone. I have an experience of more than 250 make money online opportunities and products so I am probably the right person to evaluate this kind of Cash Apps.
Recently I downloaded a cash app into my Android phone. I know many profitable ways to earn money on the Internet and I was wondering if this would be one of them. Today I am going to share the results with you.
How to Make Money with Your Smartphone? Cash App Video Review
Before you dive into the article I would like to show you the video that I recorded related on making money on your smartphone. In this video I show how you can make money with Cash App and discuss whether it’s really worth it or not.
In the end of the video I also explain a simple 4-step process that I use to make a living online. I believe you will enjoy and find this helpful.
Cash App Review
Name: Cash App
Website: Several Options
Type: Make Money with a Smartphone
Overall Rank: 20 Out of 100 (Check Out My #1 Recommendation, 98 Out of 100)
What Is Cash App? – A Mobile Application to Make Money
I downloaded an Androind application called Cash App. It was quite popular with more than 1 million downloads. I have also tried many similar apps before that. Then I downloaded a few others and realized that they all work more or less with same principles:
- Download the app and create an account. (Takes usually only around 10-30 seconds.)
- Accomplish tasks and offers. (They are usually quite small like answer a survey, download another app, like us on Facebook, follow us on Twitter, etc.)
- Cash out your money. (When you have reached the minimum amount, you can take money to your bank or PayPal-account. Minimum payout varies usually between $1-10.)
Sounds simple and easy?
It is easy! And it is simple. But there are a few strong reasons why it’s not worth it.
Make Money with Cash App – Easy But Not Worth
So, there are many ways for you to make money with this kind of Cash Apps. Let’s analyze a few of them.
1.Like us on Facebook, Twitter, Pinterest, etc.
Usually, an application has a Facebook page and they want more followers. How to get them easily? By rewarding members for liking them. Then your friends will see that you have liked the app and some people get interested.
This is very cheap marketing for app creators. They need to pay members usually something like $0,01-0,20 per like. Even though they would pay you $0,20 you can accomplish this task only once.
2.Download another app
Let’s say somebody created an Android application and is wondering how to get people downloading and using his app. Why wouldn’t he pay a few dollars that people start using it?
He contacts the founders of Cash App and says that can you add an offer, “Download xx app and earn $0,05.” Everybody wins at least in theory. Sometimes the offer may be,”Download xx game, reach level 10 and earn $1.”
Notice that there are sometimes tasks that you need to play a game until you reach a certain level. But imagine how slowly you would be earning. First, you download a game and register. Then you spend many hours trying to reach the level 10. Once you eventually reach that level you notice that a lot of time has gone by.
They have movie trailers and many kinds of ads. Usually, you need to watch the ad at least for 30 seconds and the reward can be very small, for example, $0,01 = 1 cent.
This option has always the most potential in this kind of apps. You can’t usually earn more than $1-2 per hour by accomplishing their tasks. But when you invite friends, you can earn commissions for their earnings. Some apps also reward already when your friend signs up.
However, I don’t recommend this strategy. If the app is not worth it for you, why would you recommend it to your friend?
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Cash App Payments – Reach the Limit, Cash Out and Pray!
Once You Have reached the minimum payment amount, you have an opportunity to take your money out. Minimum payout in the Cash App that I downloaded was $1,80 which was relatively small. Still, you need to accomplish lots of tasks to reach that level.
You can take the money in cash with most of these applications but some of them require you to use them for gift cards, for example to Amazon.
In my opinion, the easiest way is just to take the money to PayPal.
However, sometimes you need to cross your fingers if they will pay for you or not. I have seen many complaints of people using these “earn easy money” -services. First, they use endless hours to reach the $5 payout level but then they don’t even pay you.
Once you contact the support, nobody answers. Of course, there are also better experiences and sometimes everything works just fine. But work hours for earning $5? Please, don’t bother.
Why Are Cash Apps So Popular? – Does Easy Money Exist?
When I say that you could earn easy money what do you think? Many people run to me and ask how to do it.
These mobile apps promise you easy money so people get interested. But I have heard tens of first-hand experiences about earning easy money online. Half of them were scams and half of them were paying so little that it wasn’t worth it.
Were there any “easy money” opportunities that could pay a lot? Partially, yes.
In order to create a full-time income online, you need to work. There’s no other way around. But when you have reached a certain level you may stop working at least partially. The famous 4-hour work week by Tim Ferris has inspired thousands of online entrepreneurs all around the work.
Think about these 5 regular guys who earn +$10,000/month online. I know some of them personally and they could literally run their business on “autopilot”. It means that they wouldn’t need to work anymore if they don’t want.
That’s easy money. But remember that first, they needed to do the work. When Russell Brunson was still in a University he was already earning more than his teachers online. You could imagine that other students would have been highly interested how is he doing it.
But one of the students just stated, “But Russell needed to work for it.” Yes, right. He needed to work for it but now he has a freedom to do whatever he wants with his time without worrying about income. Many people do it another way around. They party first and then go to a job they don’t like. Which route do you prefer?
What Kind of People Use Cash Apps?
I don’t want to be rude here but I want to be honest with you. As we saw above, Cash Apps don’t pay enough. The earning potential is ridiculously small. That brings us to a question what kind of people are using Cahs Apps?
Let me name a few groups:
- People who haven’t yet realized that Cash Apps don’t pay enough.
- People who don’t have a clear direction in life.
- People who don’t value their time (=life).
- Young kids who got a mobile app and their parents don’t advise enough how to use it wisely.
I know that my list is a bit radical. Anyway, it’s quite truthful. What do you think?
I have also caught myself numerous times during my life doing the things that I know that I shouldn’t do. But then I remind myself, “Roope, you have only one life. So, don’t waste it.”
Conclusion – Is Cash App a Scam?
Many of them are not scams. You can make some pocket money by playing these apps but as we saw, they will never make you a living. If you can earn $1-2 per hour, you can be more than happy.
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Have you ever used Cash Apps? What is your opinion about them? Are they worth your time or not?
Let me know in the comments below! 🙂
If you have any questions, don’t hesitate to leave them below and I’ll offer my helping hand.