So what is Cashcrate about? Cashcrate is a long serving Survey site that has been paying its members for completing surveys and offers on the place since 2007.
People have asked me what is Cashcrate about, but I wasn’t able to say much on them as I was unknown to them
If your looking to find out what they are about, whether you can make any money and most importantly whether or not they are legit then you are in the right place.
I decided to go and try out the website myself and have had a play with most of the features on the site over the last couple of weeks to bring this CashCrate review to you guys.
Here I’ll be giving you the full run down of them and how you can earn money on the site.
Now quickly before I get started...
If you are looking for a legitimate survey site that pays well, don't look any further than my recommendation.
They have helped me make an extra $500 every month ever since I first joined them!
CashCrate Review Summary
What Are They?: Survey Panel
My Worth It Rating: 3/5
What Is CashCrate About?
Cashcrate is for anyone above the age of 13 is eligible to join the site, although the site is available to anyone.
However, the majority of offers are mostly available to US and UK speaking countries.
The sign up process is very simple for this site, you will need to enter your name and email to sign up.
The final step is to go to your email to then confirm that that is your email address and that is you done.
How Do You Start Making Money?
One of the best ways to make money is by taking advantage of the offers they have on the site.
The offers do pay well, but the only problem is that they don’t update them regularly enough so some days you do find that you run out of offers to complete.
The offers are split into two, the paid offers and the free offers.
The paid offers generally pay a lot better than the free offers but require you to either enter your credit card details or purchase something.
The free offers, however, don’t require any purchase but usually pay less than the paid ones.
Surveys are another way to earn on the site, in this feature on the site you will find a mixture between their surveys and survey routers.
The survey routers tend to pay the usual ranging from around $0.75 to $1.00.
Their surveys, however, pay from $0.10 upwards. I tend to stay away from the ones that pay lower than $0.75 as there just not worth your time and effort.
The online shopping feature to the site allows you to get cashback on online stores that you purchase goods at.
I like this kind of features as there quite a cool way to make money. Shopping online is something I do anyway so its just a bonus if you can get paid for it.
Out of all the features, this one’s probably my favourite of them all.
Cash crate has a great referral system that allows you to get 20% of all your referrals earnings plus an extra 10% of your referrals.
Not only that but you then get $3 every time your referrals earn $10. Let’s say your referral earns $100; you would get a $30!
What Rewards Can You Redeem?
You can request a Paypal payment as soon as you reach £20. This one’s fairly similar to toluna in the fact it has a very high minimum payout. This one better compared to Toluna’s £35 minimum in my opinion as there are also much more opportunity to make money.
When Does Cashcrate Payout?
They Payout through Paypal on the 20th of the following month. If you requested a payout in March, you would get paid on the 20th in April.
High Minimum Threshold
With the limited opportunities on offer trying to reach $35 in order to get paid will be a slow process and take you time to reach.
Compared to other sites such as PrizeRebel and Swagbucks where the minimum threshold is as low as $1, that is a big difference one of the reasons I tend to stick with the latter sites because getting paid out is much easier.
There are many reasons why I don't like sites with high thresholds, first one being if the panel is shut down more likely or not you won't recieve a payout.
So imagine you made $30 and was so close to the threshold but then the panel closed down. It is unlikely has Cashcrate is established however it could happen and all that hard work would of gone to nothing.
The second reason why and this one is obvious is the fact it could take you 2/3 months or more before you actually have enough to withdraw.
Don't forget apart from the referral program opportunities are limited so it will be time consuming and take many survey completions.
Rewards Take Too Long To Process
As stated in thier terms and conditions payments can take as long as 4 weeks to process. That is a lengthy spell of time and a lot slower than many of its existing competitors.
While many people wouldn't mind waiting that along there are still many panels that I have tried and tested that pay as quick as instantly. Sites such as SuperPayMe and Rewarding Ways send out instant pays out to PayPal which is cool and one of the reasons why I use them to get quick cash from time to time.
The CashCrate Positives and Negatives
The 'Good' Stuff
The 'Not So Good' Stuff
So Is CashCrate A Scam?
No, CashCrate is not a scam and is a legitimate site to earn rewards with.
I wouldn’t say it is the most efficient reward site out there to make money and most of that goes down to the fact the minimum cash out is considerably high.
If you do choose to use this site I would recommend I would say it just below the level of some of my favourite sites which are still pretty good.
Not Keen On Surveys?
Cashcrate is a okay site to use to earn rewards, especially with its referral system which will offer a long term source of income if you manage to gain enough referrals.
However what I recommend to anyone looking to make more than just a few cents is Affiliate Marketing as it allows you to make a consistent full-time income from the comfort of your own home.
The idea is that you pick a topic/niche, create your own website around it and then attract a audience to your site.
Platform I use is called Wealthy Affiliate which teaches you how to make an online business and then how to start making revenue ( Full-Time Income!).
My 'Worth It' Rating
What do you think to CashCrate? Have any questions or opinions you would like to throw my way?
Let me know by leaving a comment down below, I'm interested in hearing what you guys have to say 🙂