Thanks for checking out my review of the Money SMS App.
Today we will be finding out if the Money SMS App really does pay you simply for receiving text messages on your phone, and if so how much.
I have reviewed a very similar app recently called SMS Profit App that also pays you for receiving text messages. Another platform with a similar concept is The Mcmoney App that pays you for receiving emails.
These types of platforms offer the opportunity to earn a small income passively.
Unlike with survey sites and GPT platforms which require you to use your time to complete tasks, opportunities like SMS profit allow you to earn passively. You just keep the app running in order to earn from it.
So why does The Money SMS App will pay you simply for receiving text messages?
The reason they can do it is because your phone can play a part in ensuring SMS messages from Mobile Network Operators are being received properly from foreign locations.
The networks pay The Money SMS App for this service, and you get a small cut of this revenue.
You needn’t do anything with the message when it arrives. The network will complete their check to ensure the message was delivered correctly, and that’s all they need to know. You will then get paid.
How The Money SMS App Works
LATEST UPDATE: September 2020
The Money SMS App is run by German SMS testing specialists TelQ.
The app is available to android phone users only and is available to download at GooglePlay.
All you do is download, verify your phone number, run the app and wait for a test SMS to arrive. You don’t need to take any action at all when you receive the messages. They contain just random characters that won’t make sense, just delete them one your account has been credited.
Unfortunately the App isn’t available everywhere. You cannot benefit from this app if you are from either the U.K or the U.S (which rules me out). If you want to join then just try the download to see if your region is included.
You need to keep the app running in the background to ensure you get all the SMS messages sent to you and so you can maximise your earnings.
Check out the SMS Money App promotional video below;
How Much Can You Earn With The Money SMS App?
When you sign up you will get a €0.25 bonus, or if you sign up with a referral code you will get €0.50.
Given that I have been unable to sign up myself I haven’t got a referral code to give you, however you will find them available on the internet.
For each SMS message you receive you will get rewarded €0.02. The amount of messages you get per day may vary depending upon your location. Some report getting hardly any at all, whereas others may get 3 per day.
This is of course only a very small earning opportunity, but it is a passive income nonetheless.
If you want to try and increase your earning then you could refer people. Once you sign up you will get your own referral code that you can share with others.
Every new member that signs up using your code you will get 30% of their earnings (but they won’t receive less earnings). This is a good way to maximise your earnings on this platform, especially if you have an engaged social media following or a niche relevant blog.
Once you reach the minimum balance of 2€ you can cash out. There are various options for payment including PayPal, Skrill, WebMoney and cryptocurrency.
Payments are processed quickly, usually no more than within 48 hours, but likely quicker.
Is The Money SMS App For You?
When we review all the different income opportunities we try to imagine the people that would really benefit from it.
Let’s start with those that are not likely to get any benefit from the App;
- If you are in a rush to make money quickly then this App will definitely not suit you. That’s because the income will accumulate very slowly, and over a sustained period of time.
- If you are searching for an opportunity that will to lead to a substantial online income, then this app isn’t going to cut it with you. You can improve the earning potential by referring others, but unless you are able to refer maybe dozens of new members every month, the income isn’t likely to increase with any significance. Any opportunity that could be potentially financially life changing, will require significant effort on your part. This app on the other hand doesn’t require any effort, it is a completely passive income.
So who is likely to benefit by using this App;
- Someone who takes a patient and long term approach to making money.
- Anyone interested in building a number of small passive income streams. Using this app alone will not add up to much, however when combined with several others, the income could add up to something more significant over months, or maybe years.
At the time of writing (May 2020) The Money SMS App has a score of 3.8/5 from over 2,000 reviews at Google Play.
There are many users happy with their experience using the app.
Some say they have been able to cash out multiple times, and although the earning is small it is worth it due to the fact that it doesn’t involve them having to do anything.
Some users however complain of technical glitches preventing them from logging in or getting credit for the SMS messages. Others say they don’t get many messages and it isn’t worth their while.
What Are The Pros Of The Money SMS App?
- Free to join
- Passive income
- Decent referral program
- Good user reviews
What Are The Cons Of The Money SMS App?
- Only a small earning opportunity
- Only available to Android phone users
- Only available in certain countries
- Some complaints about glitches
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Some Final Thoughts
The Money SMS App is a legit way to earn a small amount for doing nothing, it is a true passive income.
Unfortunately not everyone can benefit from this particular app, although there are alternative apps that work in a similar way.
Have you tried the Money SMS App? If so what was your experience like? Let us know in the comments below if you want to share what you learned about this app.
Star Rating 3/5-A legit app that pays its members for simply receiving text messages on their smartphone.
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