30 Minute App Review: Cash Magnet
By RingoBerry
@RingoBerry (71)
November 17, 2018 12:14pm CST
I saw this app mentioned as a reply in one of the discussions I wandered into and decided to test it. I'm all for passive income but often time's people forget other aspects like:
1. How much data it consumes.
2. How long does it take to earn 1 credit or point.
For someone who is from a country where internet subscription is pretty much "low tech" and VERY expensive, I tend to make short reviews like this just to provide a little info and basic tips that could save their time and effort.
The app has an "Idle" mode where its automated to surf and browse sites provided by their sponsors -- ergo it generates a certain amount of points for users like me.
I allowed it to run for 30 minutes and just glanced at it from time to time -- moving on its own. (It was kind of creepy LOL!). Not sure if it could trigger some security concerns so I used my extra android phone.
I logged the remaining regular data balance I had on my phone, it was 5.252.91MB ( 5.25 Gig). I checked it again when the time was up and found out it consumed 57.61MB and only gave me 1.30 points.
Just a little example of what you can get for the points.
1. min withdraw to paypal $5 plus Fee = 5500 points
2. min withdraw to Bitcoin address 0.000360 sat = 2000 points
3. cheapest Amazon Gift Card worth $1 = 1000 points.
I guess I don't have to explain that it will take forever and a considerable amount of data before you can withdraw anything from that. There are some tasks and offers where you can earn a decent amount of points but it involves lengthy surveys, tedious puzzles (like that Baby Baldo thing where you have to view about 40 images for 25 points), and trying out subscriptions and needing to pay for it, gambling, installing more apps -- et cetera.
Also, if the the idle mode is active, you can't use your phone. It doesn't run in the background like how I first assumed it would. It will keep interrupting whatever you're trying to do.
I'd rate this app a 2 out of 5. Cuz from what I've read so far, it does pay. The App runs smoothly, it's easy to understand and user friendly.
On a different note, this app is promoted as a thing that can generate a small amount of money passively... ahh lots of people love hearing that word BUT its also a perfect example of what I mentioned in one of the discussions I've been to as a false possitive, that users might be spending more than what they are actually earning from it.
This is just my opinion anyway . It will still be up to the users if they find this kind of setup agreeable - specially if their net don't cost so much as it does like ours here in the Philippines.
4 people like this
8 responses
@RingoBerry (71)
•
17 Nov 18
I guess it could profit people who has extra gadgets - not used to access delicate stuff like online banking, important data, paid subscriptions and don't mind leaving the app runing plus their net is as cheap as it is in China. But other than that, I wouldn't recommend it.
@snowy22315 (182478)
• United States
17 Nov 18
Good review, but probably not for me, as I don't have unlimited data.
@Shellyjane (462)
• United Kingdom
17 Nov 18
This is a really useful review thank you, I guess it would be worth running it if you are connected to free wifi?