Thursday, August 21, 2008

Cashcrate - scam or profitable ?

Before i joined this program i make some research about this website. Some say Cashcrate is scam website and some say they earn some profit thru the website. Below i show you some paycheck that been received by Cashcrate members as the proof for payment. For me this website is not quick scheme for getting rich but you can earn side income when you are not too lazy to spend few minutes in front of your computer by doing some easy task.



100% Passive Income

I only have 21 active referrals so they have earned over $25 each on average, which is a pretty good average. As it happens my referrals for July earned me another $32.14 (which is yet to arrive). I did absolutely nothing to earn that. It’s from referrals I made over 1 month ago using my old blog. 100% passive income!
Is CashCrate for You?

Cashcrate is a PTO program (get paid to complete offers). There are 2 ways you can make money from it.

1. Completing offers. These vary in value anywhere from $0.50 to $40 per offer and involve signing up to things. I recommend creating a new e-mail address you can give when completing offers so your current one doesn’t get cluttered up.

2. Referring others. This is what I did. I have personally referred 81 people (20% commission rate), who have referred another 191 (10% commission rate). 21 are active referrals, meaning 21 have earned money themselves from Cashcrate. You also earn $3 bonuses when each referral that reaches the $10 minimum payout.




Since writing this post, 8 more checks have arrived from Cashcrate and I have now earned well over $400 from their referral program. The news checks have all be on time. It seems what the admins told me about there being a glitch, which is now fixed, was true after all.



Conclusion:

Cashcrate isn’t a scam, although it might seem like one at first glance. I would suggest spending some time in their forums, if you want to learn more about their program. This particular section of their forum offers payment proofs and testimonials so it’ll be great place to start.

If you’re not in the U.S but are willing to work hard at getting referrals, you can start by signing up with Cashcrate. The returns are justified because you won’t be doing anything at all. It’s very much a passive process. Refer some users based in the U.S and they’ll do all the work for you, while you take a cut of their earnings. Attractive isn’t it?

Update - 11th December: Cashcrate pays! Got my first check for US $5.28 this morning. A small amount but agreeable because I practically spent less than five minutes completing offers. Most of it came from referrals

More checks are incoming, but I thought I’ll just put this one up first.