Thanks for checking out my Simcash review.
Simcash is an online Android App that is designed to provide an opportunity for its members earn passive income online. I have reviewed a few similar apps to this one before including the Mcmoney App, sms profit app and the money sms app, if you want to check out those as well.
In my review today I will be explaining how you could potentially earn on the Simcash app without having to do anything, and without investing any money.
However, to help me find out if this app really is worth your time, I will be uncovering what real users of the app are saying about it, and weighing up the pros and cons to help you come to a more informed decision about whether you should join.
First however let’s take a look at how things work with the Simcash App
How Does Simcash Work?
Simcash is an app that lets you earn a profit from the SMS allocation on your phone that you haven’t used. When you register for an account, you’ll have to give the app permission to send messages by using your remaining SMS allotment.
The app usually uses your messages to send One Time Passwords (OTPs). They provide a service to other apps and make a profit off each message that they send. The OTPs are only sent to SIM cards in the country that you select.
Many people pay for a specific number of messages in their mobile plan, however they may not use all of those messages. This means that every month, they use money on messages that they’ll never use. Simcash however allows them to recoup some of those losses. Others of course have unlimited texts as part of their data plan so they can request unlimited text messages from Simcash
The app is open to users from around the world, however your cellular provider’s terms may prevent you from using your messages in this way. You will therefore need to read the terms of use to ensure that your network carrier permits this type of use.
To start using the app to generate an income, the registration process requires you to share information on your phone number, email and country.
Your account is free and you can register in minutes. However, unlike some other sites, this platform charges you a fee when you’re ready to make a withdrawal and this is relatively high.
You also will not be able to download the app in the Google Play store. Instead, you’ll have to download the APK from their site.
This means installation may take a few minutes, since you’ll have to install it manually. If you’ve installed an APK file before, it’s the same process. An option is not currently provided for iOS users. You can only benefit from the app if you have an Android device.
You can use the app with your single-SIM or dual-SIM phone. The data for each SIM can be tracked separately in your account. You will only need one account to earn from both SIMs and the app will detect each automatically.
You can choose to change the type of access that you allow the app to have. You can click the Edit button on your screen to set your preferences.
This also makes it easy to set each SIM to active or pause the sale of SMS messages.
How Do You Earn Rewards With Simcash?
You’ll earn with Simcash by allowing the app to send messages with the SMS that you won’t use. You set the price that you want per message. If you set a low price, you’ll get a lot of messages sent but earn less for each one.
If you set a price that’s too high, you won’t get a lot of message traffic. For example, the price of $0.0035 per message is in the average range. You can adjust this price by using the slider, to see how that affects your profit. The slider goes up to a maximum of $0.005 per message.
Once you’re logged in, you can track important data. You can learn how many messages the app has used and how many you have available, so the process is fairly transparent.
Always ensure that the app has access to a good Internet connection because this is how it keeps track of the messages you sold.
Once you’ve installed the app on your phone, you won’t have to do anything else. It will just run quietly in the background, rewarding you for the unused messages that it utilizes.
You can decide what countries you want the app to send messages to. It’s better to only allow messages to be sent to your country, since messages to other countries will cost more.
You can decide how many SMS messages you would like to sell, in order to make a profit. If you have unlimited messages, you can set it to No Limit, to maximize your earnings. Alternatively you can place hourly or even weekly limits on the number of messages that the app can use.
Always ensure that you do not log out of the app by mistake. Select the Keep Working In Background option to keep earning as you go about your daily work.
Simcash has a referral program, so you can earn a reward based on the passive income of each person who signs up via your referral code.
Your referral commission is paid by Simcash and does not affect your referral’s earnings. Simcash has a two-tier system for referrals. This means that you’ll earn a commission for the people who signed up using your referral link and for the people who that individual referred.
For your direct referrals, you’ll earn 10% of their earnings as your bonus and this doesn’t impact their profits. You’ll earn 5% of the money earned by referrals in the second tier.
How Do You Redeem Your Simcash Rewards?
You can withdraw your earnings once your balance is at EUR 6 or higher. When you’re logged in to your Simcash account, you’ll be able to see your balance. On the right side of your balance, you’ll see a gold Request Pay out button.
All you need to do is simply click the Request Pay out button to redeem your rewards. You’re only allowed to request a pay out once a week, and you will receive your money within seven days.
Simcash also offers several payment options, such as Bitcoin. Other cryptocurrencies, such as XRP and USDT, are also available. If you choose a cryptocurrency, you’ll pay lower fees and receive your earnings more quickly than with other options. For example you won’t pay any fees for a XRP withdrawal.
PayPal is available and you can even withdraw your earnings to your bank account via a wire transfer. The minimum for a PayPal transfer is EUR 6 and you’ll pay a withdrawal fee of EUR 1.50, which is of course a very high fee.
To request bank transfers, your minimum balance will need to be EUR 50. The transaction fee is another very high fee of EUR 10. The transaction fee will be withdrawn from the sum that is sent to you.
Simcash Reviews
Simcash users report that they have received their rewards which does inspire some confidence. There are numerous positive reviews although some of those reviews also share their referral code, so you can’t always be 100% confident in those.
Some members however express concern in how their data will be used. There is nothing on the website that informs you of how they protect your data, and they don’t have a privacy policy or terms and conditions page. At the time of writing they also don’t have a FAQ page that is working. However, the website does have a contact page, so if you have concerns regarding your data you could contact them here and see if they reply.
I would love to hear from any readers that have used the Simcash App and want to share their experience. If you do please leave a comment in the comments section below.
What Are The Pros Of The Simcash App?
- Free to join App
- Numerous payment options
- Can use multiple sims with one account
- Users report receiving rewards
- Two tiered referral program
What Are The Cons Of The Simcash App?
- High cash out fees
- No information on website on how data is protected
- Low income opportunity
Check out these 5 Android apps that can make you money OR if you’re an iOS user these 5 iPhone apps to make extra cash.
Is Simcash Worth It?
Receiving texts on your mobile phone is an easy passive way to earn money from your smartphone. You won’t earn very much but it’s money for nothing.
So if you are comfortable with receiving paid texts in exchange for sharing your phone data then you may want to give this app a try.
Star Rating 2/5-An app that offers a way to earn a very small passive income receiving text messages to your phone. There are a number of ways to receive your rewards however the cash out fees are high.
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