Thanks for checking out my review of The Money Well App.
The Money Well app is an online platform designed to reward it’s users whenever they play games on their phone.
In my review today I will be finding out how The Money Well App works, to help you decide if you can earn cash and other rewards simply for playing games on your mobile device.
I will be uncovering what other users of the app are saying about it, and weighing up the pros and cons to help you make a more informed decision about whether you should join.
So let’s get started by taking a look at how things work.
How Does The Money Well App Work?
The Money Well app lets game developers collect information on the usability features of their games.
The app was only released in March, 2021 but it already has over a million users right across the world.
It has a good reputation so far, as members that have managed to earn enough points (tickets) have managed to successfully redeem their rewards.
The Money Well app offers sponsored games, so the owners of the platform are paid for connecting game testers with new apps, hence the reason they can pay you some of that revenue too.
Once you engage with the app you are tracked as you play a game from the site.
Observing how real players interact with their apps helps developers to adjust different features of these games so they’re more user friendly.
The Money Well app can be installed on your device for free. It’s only available on Google Play currently however, so you’ll have to be an Android user to earn extra income from it.
You’ll also need to have Android 4.4 or higher on your device to benefit from this game.
After you install the app you’ll be required to complete a short questionnaire, which allows them to recommend apps that are a good match for you.
Each player will notice that they don’t always have the same number of games available and players will be offered diverse games, according to their interests and other factors.
You can sign in via your Google or Facebook account and you’ll receive a welcome bonus, which will be automatically added to your account.
This welcome bonus is given to you as tickets. Each app on the site pays you in tickets, which are basically points earned.
Before you install a game, you’ll be able to view a description of it and the number of tickets that you can earn. For example, you could be told that a game pays 700 tickets per minute.
Once you sign in, you can browse their selection of games that are offered to you and pick one that interests you. You’ll have to install each game and play it for 10 seconds or more in order to receive points for it.
You’ll have to allow the app to access your usage data, so it can collect important facts during your play time.
What you need to bear in mind is that although people from many countries can sign up for the app, all the games that are being tested by their clients won’t be available in each region.
Players in countries like the United States for example will find several sponsored games from advertisers who are interested in their demographic.
However, in some countries, you may find that you’re only offered one game per day on some occasions.
How Can You Earn Cash with the Money Well App?
All new members will get a bonus the moment that they sign in to the app for the first time.
The bonus is 4,444 tickets, or the equivalent of about $0.44.
You won’t be able to redeem your welcome bonus however until you have enough tickets to request a pay out.
You can exchange 100 tickets for around $0.01. As you play each game that you select you’ll keep on being notified that you’ve earned tickets.
You’ll be rewarded for every game that you play as long as you spend at least 10 seconds on the game. However, all games don’t give the same number of tickets.
When you’re selecting games to play it’s more beneficial to choose those that pay at a higher rate.
When you find a game that looks profitable, you can install it on Google Play and start earning.
The annoying thing is that although each game awards you a specific number of tickets for each minute of play, this figure actually decreases after you’ve played the game for a while.
For example a game could go from paying 800 tickets per minute, to 10 tickets per minutes after just ten minutes.
If you keep playing that particular game you’ll eventually reach a point where you’re not earning anything. To keep getting tickets, you’ll have to install a new game on Google Play and start playing that one.
You’ll be offered new games based on your activity in the apps that you install. Try to play these games as you would play any other mobile game.
The games that you’re offered will usually be a good match for your interests.
Your earnings will depend on a number of factors, such as your location, the number of tickets paid for the game that you select, and the amount of time that you spend playing each day.
You can also earn tickets whenever you refer a friend to the app. If they sign up by using your referral link you’ll get a bonus via the app’s Double Reward program.
You will also get a 25% commission in this referral program whenever someone who you refer earns tickets.
By the way, if you want to check out a make money online platform that has a high income potential, you will find more information here.
How To Redeem your Rewards
When you’re ready to redeem your rewards, you’ll receive cash or gift cards in exchange for your points.
The gift cards are for retailers like Amazon, Starbucks and Zalando. The minimum for pay out is $0.50 or approximately 4,999 tickets.
To request your earnings, you’ll need to be logged in. Click on Pay out and then select your preferred payment method.
Unfortunately the options for paying out do vary according to the country that you live in.
If it’s available to you then you can enter the specific amount of cash that you wish to transfer to PayPal. Ensure that you enter your PayPal email during this step.
While your payments will be processed in Euro, PayPal will convert that to your local currency automatically.
You’ll also have to verify yourself in order to receive your rewards. You can take a photo of yourself by using your smartphone and upload it to the site.
By adding game tickets to their welcome bonus, some members are able to reach the minimum quickly. You could receive your first redemption within 24 hours after signing up.
Money Well App Reviews
At the time of writing The Money Well App has a score of 4.4/5 from 48,000 reviews at Google Play.
The app at this time is clearly very popular amongst its many members.
Those that have left reviews say they enjoy trying out new games, with many confirming that they have received their rewards. Some members report having cashed out numerous times.
as with all apps there are some complaints. A few members say that verification takes too long, with some saying they have had to wait up to a week for verification, causing long delays for payments to be received.
Others complain that building up enough points takes too long, and some complain of technical issues.
I would love to hear from any of my readers that have tried The Money Well 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 Money Well App?
- Free and fun way to earn a bit extra
- Available globally
- Rewards paid via PayPal
- Positive user reviews
What Are The Cons Of The Money Well App?
- Same opportunities not available everywhere
- Low earning opportunity
Is The Money Well App Worth It?
If you love gaming and trying out new games then you should enjoy engaging with this app. If you use this app often enough then chances are you will earn something from it.
Your earnings from this app won’t make you rich by any means, but it could serve as a nice bit of extra pocket money nonetheless.
Star Rating 2.5/5-Popular and legit app that pays you for trying out new games.
Check Out All The Diverse Ways To Make Money Online
There are literally hundreds of diverse ways you can make a bit of extra cash on the side.
If you’re not sure whether making money by gaming is for you, then you could try some of the other platforms that I have reviewed.
One of my favourite Apps pays it’s members simply for listening to the radio. It’s got to be one of the most relaxing ways to earn some extra cash!
Another app pays you to watch funny video clips, On this app there are loads of home made videos that members send in, so you could get rewarded for uploading and watching videos.
If you like taking photos then chances are you would welcome other people looking at them and appreciating your work. By joining this platform here you will not only get other people appreciating your best photos, you will also get rewarded every time someone views them.
Another popular way to generate a small income online is with micro tasking Although it doesn’t pay all that well, if you focus on the tasks that you can do best you can nonetheless generate a bit of extra spending money on the side.
If you have a talent for putting into words what you think about a website and how it may be improved then you could do well as a website tester
You aren’t guaranteed regular work, but when you do it is generally better paid than a lot of other small tasks you find online.