CashCrate.com is another consumer online survey company that promises big payouts for people that sign up and participate. A lot of people wonder if CashCrate is a legitimate way to make some extra money, or is just a waste of time?
When I signed up for CashCrate in 2016 I was given a $1.00 bonus for signing up and then an addition .50 for completing a basic profile.
Completing a basic profile is what survey companies like CashCrate use to identify, segment and target paying surveys to consumers on behalf of the companies interested in doing market research. So it’s important to complete your profile if you want to get more lucrative surveys that may be offered.
After completing the basic profile section, CashCrate offered me two pages of bonus offers, but in my experience, they are just mechanisms for them to share your personal information with other people so they can make money off of you. More often than not, you, the consumer, gets little to not value from the promises of these “bonus offers”.
The initials offers to make money with CashCrate were consumer surveys that are typical of sites like this. They payments for each survey varied from 80 cents per survey to as much as $17.50 for a 10 minute survey. There were plenty of surveys with payouts between these ranges. There were at least four of five pages of surveys available for me to participate in.
Most of the surveys have estimated lengths of time that each should take. The average seemed to be around 10 minutes for a payment of around $4.50, which works out to around $27/hour. Some offers had multiple surveys available and two or three of them were available every day.
CashCrate has a minimum payout of $20. Payments are made by check on the 20th of every month and are for any balance over $20 accrued through the end of the previous month. For example, if you have a balance of $35 in your CashCrate account at the end of September, CashCrate will send you a check on October 20th.