CashKarma is a mobile app that rewards users for completing various tasks like surveys, watching videos, and trying out other apps.
As more people look for ways to earn extra income online, apps like CashKarma are gaining traction, promising rewards that can be redeemed as gift cards or cash.
However, with so many similar apps on the market, it’s crucial to evaluate if CashKarma stands out or if it’s just another small-earnings app.
In this review, we’ll cover how it works, its earning potential, tips to maximize rewards, and ultimately if it’s worth downloading.
What is CashKarma?
CashKarma is a reward-based app available for iOS and Android devices, designed to allow users to earn points through several different activities.
The app was developed by Darkfield Software and is part of a wave of “get-paid-to” apps.
CashKarma combines different earning methods into one interface, offering multiple ways to accumulate points that can be exchanged for gift cards to popular retailers or, in some cases, cashed out as PayPal funds.
5 Ways To Earn Money On CashKarma
After downloading and registering on the app, users will encounter a range of offers and tasks to complete. These include surveys, app downloads, video watching, and even scratch cards.
Here’s a breakdown of some of the main ways to earn on CashKarma:
1. Surveys:
CashKarma partners with several survey providers, allowing users to earn points by sharing their opinions on different products and services. Survey availability may vary based on factors like location and demographics.
2. Offers:
Users can earn points by completing specific tasks, such as signing up for trial services, downloading and using partner apps, or making in-app purchases. Be cautious here, as some offers may require payment or additional information.
3. Video Ads:
Users can watch short video advertisements to earn a small number of points. This option is great for those who have time to spare and don’t mind watching ads.
4. Achievement Badges:
CashKarma offers achievement badges as users reach milestones in the app, such as completing a set number of surveys or offers. These badges reward users with bonus points.
5. Referral Program:
CashKarma has a referral program that allows users to earn a percentage of the points that their referred friends earn. Users can share their referral code with others, making it a good option for those with a social network interested in similar earning apps.
Earning Potential Of CashKarma
The earning potential on CashKarma is relatively low and should be approached as a way to make small amounts of money in your spare time rather than a reliable side income.
Here are some estimates based on typical user experiences:
- Surveys: Points per survey can vary widely, typically ranging between 50-500 points depending on length and complexity. However, qualifying for surveys can sometimes be challenging.
- Offers: These vary significantly; some may offer a couple of hundred points, while others that involve more extensive tasks or purchases can reward thousands of points.
- Videos: Watching videos yields fewer points (e.g., 1-5 points per video), so it can take a considerable amount of time to make any substantial progress through this method alone.
- Referral Program: The potential earnings depend on how many people sign up through your code and are active users of the app.
Typically, 1,000 points equal $1. The average user might expect to earn a few dollars a week if they use the app regularly and complete several surveys and offers.
5 Tips to Maximize Earnings
- Complete Profile Accurately: Completing your profile in detail can help you qualify for more surveys and offers. CashKarma’s algorithms often select participants based on demographic and interest details.
- Check In Daily: CashKarma offers daily check-in rewards, which allow you to build points just by logging in each day. Over time, these small amounts add up.
- Target High-Paying Offers and Surveys: Prioritize the tasks that offer higher points. Certain offers, especially app downloads or trial offers, may have better point rewards than watching videos.
- Leverage Referral Program: If you have friends or a social media following, sharing your referral code can be a way to earn passive points when others sign up and stay active.
- Aim for Achievement Badges: These badges offer bonus points for meeting certain milestones. By focusing on certain activities consistently, you can earn these rewards faster.
Cashing Out & Payment Options
CashKarma allows users to redeem their points for gift cards or PayPal cash once they reach the minimum payout threshold. The options include:
- Gift Cards: Options vary but may include gift cards to popular retailers like Amazon or Starbucks. The minimum threshold is generally around $5, depending on the gift card.
- PayPal Cash: For those who prefer cash, PayPal is an option, although it may require a slightly higher threshold to cash out, often around $10.
After requesting a cash-out, it typically takes a few days for the request to process, and users will receive an email or in-app notification once the funds are available.
Does CashKarma Pay Users?
Yes, CashKarma does pay users as long as they meet the payout requirements and don’t violate any app policies.
There are multiple testimonials from users who confirm receiving PayPal payouts and gift cards after reaching the minimum withdrawal thresholds.
However, some users have reported issues such as account suspensions or denied payments, which are usually tied to suspected fraudulent activities or incorrect personal details.
Pros:
- Multiple Earning Methods: CashKarma offers a range of ways to earn points, which can keep the app engaging.
- No Purchase Necessary: Most activities do not require a financial investment, allowing users to earn without risk.
- Simple Cash-Out Options: The availability of PayPal and gift cards as rewards makes it easy to cash out.
- Easy to Use: The interface is straightforward, making it accessible even for beginners.
Cons:
- Low Earnings: Like most apps in this genre, CashKarma’s earning potential is limited, making it more suitable for casual income.
- Survey Disqualifications: It can be frustrating to get disqualified from surveys after spending time answering preliminary questions.
- Time-Consuming: Some tasks offer minimal points and require considerable time to complete.
- Privacy Concerns: Certain offers may ask for personal information, which could be a concern for some users.
Is CashKarma Worth Your Time?
Whether or not CashKarma is worth installing depends on your expectations. If you’re looking for a casual way to earn small rewards in your spare time, this app can be a reasonable choice.
It’s best for those who enjoy filling out surveys or trying out new apps and who aren’t put off by modest earnings.
CashKarma isn’t going to replace a traditional job or provide a stable side income, but it can offer occasional rewards to those willing to put in a bit of effort each day.