Modern technology has brought about so many conveniences that have made our lives easier than ever before. Needless to say, one of these is the possibility to make money from home, thanks to the money making opportunities made available in the World Wide Web. Indeed, there are many ways to make money online; you can sell things, work for an hourly pay, or even set up an affiliate marketing machine as a source of passive income, and that’s just to name a few. Today, we will be evaluating one of these opportunities, and this one will be the survey site CashCrate.com.
CashCrate has been around for quite a while, and if you have only been snooping around lately for ways to make money on the Internet, you might have just heard about it fairly recently. If the site has gotten your attention and you are looking to know about it before you decide to jump into the opportunity, then you are in luck. We will thoroughly examine just what CashCrate is all about. We will learn whether or not it is worth the trouble and, more importantly, know whether or not this money making opportunity is a legitimate one.
So What Is CashCrate?
CashCrate is just one of the many survey sites out there. Typically, third party companies post surveys in these survey websites for members to complete. Once the site’s members complete the surveys, they are rewarded with money in turn. This is what exactly CashCrate does.
Now that’s not saying that CashCrate just randomly hands out surveys and pay its members money out of thin air. Surveys are usually posted by other companies and are mere tools to gather data on their prospects, as well as to promote their brand. This, essentially, makes CashCrate a glorified advertising platform, on top of being a tool for market research.
How Does One Make Money In CashCrate?
Before you start earning money online trough CashCrate surveys, you will first have to sign up to the site. Signing up to CashCrate is surprisingly easy. You only need to fill in the required information in a two step sign up form. The site will first ask for your email and password, and then will require you to complete a personal information form in the next step. This will include nothing more than the usual personal info, including name, address, date of birth, and gender. The only real requirement here is that you have to be no less than 13 years of age to enter. It does not ask for credit cards so far, which is a pretty good thing.
Upon signing up, you will be given a $0.50 bonus—not really a big amount, but definitely not a bad thing either. Living up to the fact that it is a survey website, you will have to begin your journey in CashCrate with a personal information survey that will take more or less a couple of minutes to complete. You will not be giving up any sensitive information in the process, but if you’ve been on the Internet long enough, you should already expect to see ads matching what you have just entered. Still, it’s not a bad deal for now.
Once done, you can now start answering surveys and earn money as soon as you have completed one. You can complete as many surveys that you qualify in as you like, but you can only cash out once you are able to earn $10 from the site. Here’s the thing, though: you won’t always qualify for a survey, and survey rewards in CashCrate are typically small.
That said, you can say that CashCrate is a very slow earner, and if you take a lot of time attempting to do surveys and nothing else in order to maximize your earnings and get paid out faster, you are certainly doing things wrong. Your time is best spend doing something more productive than surveys, and you ought to treat CashCrate as a regular side activity that can earn you money from time to time.
Is CashCrate Not a Scam?
Now you may be asking, is CashCrate legit? Well, technically, CashCrate is a legitimate survey website, in that it promises to pay members for merely completing surveys, and actually deliver on that promise provided that the members fulfill the conditions required for them to cash out. However, as we have previously mentioned, you will not be able to cash out often, and you certainly can’t make a full time income off of this site. However, that is not the only drawback.
For one, most CashCrate surveys require screening, and take a guess how the surveyors screen the prospecting participants? Surveys. Screening would-be survey takers with another survey can prove to be quite a hassle, especially since these screening surveys are overly long and may even require you to enter sensitive information like your phone number or your credit card number. Of course, CashCrate will warn you of such instances in the get go, but you may not expect it to be as common as it actually is.
What’s worse is that you don’t always qualify for a survey, and by that we mean that it is quite rare to actually get past the screening phase. The surveys’ hidden criteria are very narrow, which means only people who gave very specific answers to the prescreening surveys can qualify. There aren’t many other moments that would blow your lid off as much as completing a 15 minute survey only to be told that you did not qualify for the actual survey. As per our experience, this MO has become very common to many survey sites, but this is not the worst CashCrate has to offer.
Some surveys, as mentioned earlier, will ask for your credit card number or your contact information. They’re more likely to do this during the prescreening so as to gather as many such information as possible. Giving away sensitive information such as your card or phone number is a big no-no, but surveys shamelessly asking you for those is prevalent in CashCrate. You may find yourself unwittingly signing up for a paid subscription that’s hard to get out of, or get your inbox plagued with all sorts of spam.
The Bottomline
On the surface, CashCrate is a legitimate survey website, and it helps that they actually pay out provided that you are able to earn a minimum of $10 from the surveys posted in the site. However, most surveys in CashCrate appear to be designed to advertise or sneakily get hold of your information. While such is not exactly CashCrate’s doing, the fact that this sort of surveys exist in the site just shows CashCrate’s lack of regard for survey quality, loose rules when it comes to its partners, and utter neglect for its members. It’s best to avoid CashCrate, unless you enjoy being flooded with spam or risk getting your credit card stolen.
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