ATM is a mobile app that claims you can earn money by sharing your personal data. It sounds like a great way to earn extra cash. But the question is, does it really live up to its claim or not?
If you keep reading this ATM app review, you will find out the answer to that question and more. It will show you the full details of what the app has to offer so you will know exactly what to expect from it before you even install it.
Then, you can evaluate properly if this app is truly worth it or not. So, let’s check out ATM.com’s app, shall we?
What is ATM, and what does it offer?
ATM is a rewards app that will let you earn by answering surveys, shopping, and more. And yes, it is legit since you can really get paid to answer surveys, share your data, and by shopping.
But to find out if it is worth using, you must first understand how it works. The best way to do that is to examine the earning opportunities it offers so you will have a good idea of how much time and effort is needed to earn from it. It can also give you a snapshot of how well you can earn.
So, here’s how to earn from ATM.
Option 1 – Paid Surveys
One way to earn from the app is by answering surveys. To do so, you must log in to the app and go to the surveys section. Then, you’ll see all the available surveys you can answer.
Take note that you have to go through a qualifying process when answering surveys. So, the first few questions you will be answering are just qualifying questions designed to find out if you belong to the demographic group the survey is for.
If you qualify, you get to proceed to the actual survey. If you fail to qualify, you just have to move on to the next available survey. After completing a survey, you’ll receive the reward promised which will be in the form of cash.
Normally, you’ll earn around $0.20 to $0.50 per survey, which is quite a low rate, in my opinion. There are also not a lot of surveys available, so it’s quite hard to earn a good amount from this opportunity.
Option 2 – Cashback Offers
Another way you can earn is through its cashback offers. While they are not exactly called cashback offers by the app (the app only calls them offers), in essence, they are still cashback offers since most (if not all) of the offers presented will require you to make a purchase.
To view the offers, just go to the Rewards section of the app (refer to the photo above). Then, you’ll see a few offers from popular brands. But as mentioned, to earn the rewards from these offers, you’ll have to make a purchase.
And oftentimes, the purchase will involve a significant amount. So, even though most offers pay a good amount, in the end, you still won’t end up benefiting unless it’s an offer you actually like.
Option 3 – Brand Matching
What ATM does that is quite unique is that it matches you with certain brands. What will happen is that it will introduce you to certain brands. Then, you’ll earn a small reward just by reading the company description of that brand.
After you’ve done that, you’ll be presented with an offer that will reward you with a significant amount of money. But again, this offer will usually involve making a purchase. So, it’s not going to be very profitable for you unless it’s an offer you are interested in.
Based on what I’ve observed, the only profitable portion of this opportunity is the part where you can earn rewards for free. However, you’ll only earn a few cents every time you read the description of a brand. That’s why you can’t expect to earn a lot from this opportunity, in my opinion.
Option 4 – Location Rewards
You can also earn small rewards by enabling the location rewards feature of the app. The premise of this opportunity is quite simple. You’ll earn a small reward every time you go to a certain location.
To enable this feature, you must allow the app to always determine your location. Plus, you have to enable the push notification feature of the app because you’ll receive one every time there’s a location reward available.
Most of the time, these locations are stores, gas stations, and supermarkets. So, you can just earn by going to these locations naturally. When I tested the app, there weren’t a lot of these locations available, so it’s also quite difficult to earn a lot from this opportunity.
Recommended: Check Out the Best Paid Survey Apps
How do you get paid?
All of the earning opportunities ATM offers will reward you with cash. It will be stored in ATM’s wallet. Then, you can withdraw your earnings directly to your bank account. However, there’s one important detail you need to remember when withdrawing your earnings.
The first $20 you earn from this app will be permanently locked, so you can’t withdraw them. The app says it’s a way to protect them from fraud. So, for you to withdraw your earnings, you must eclipse this threshold, which will take a long time (more on this later).
You can withdraw any amount after you’ve accumulated more than $20 of earnings. The amount will be credited to your bank account within 4 to 6 business days, which is a bit of a long time, in my opinion.
Now, the app offers another way for you to use your earnings. Instead of withdrawing them, you can invest them in various stocks because the app has its own platform for buying stocks. You’ll have to install a different app, but it will guide you on how to set it up.
I personally never tested this feature because I never got to the point where I earned more than $20 while testing the app. But based on how ATM describes it, it’s an opportunity for you to earn passively if the stocks you buy will increase in value. Of course, it can also decrease, so you can end up losing money instead.
That’s why you should approach this opportunity with caution. Make sure you know what you are doing before you make use of this feature.
Overall, I would say the payment system of the app is relatively straightforward. I like the fact that it offers a convenient payment method like direct bank transfer. However, I am not a fan of the app locking up your first $20 earnings. It just means you will not be able to withdraw your full earnings from this app.
So, if you are looking for apps or sites that will let you withdraw your full earnings, I suggest you check out the top sites that pay via direct bank transfer instead.
How much money can you make?
I will tell you right now that you won’t earn a lot from this app. As explained earlier, most of its earning opportunities that don’t involve making a purchase don’t pay that well. And it’s quite counter-productive to make purchases just to earn the reward unless you are really interested in the offer.
Plus, most of the offers I encountered while testing the app weren’t really worth it because you’d have to spend hundreds of dollars to buy them. Then, there’s also the matter of the app locking up your first $20 of earnings. So, you’ll have to spend more time to earn more to be able to withdraw your earnings.
Overall, I would say the earning potential of this app is very low. You’ll have to invest a lot of time working on opportunities that don’t require you to spend money just to earn a decent amount. You are better off investing your time in sites or apps that pay better, in my opinion.
Can you use it on a desktop?
ATM is a mobile-only platform, so you will need a mobile device to earn from it. The app is available to both Android and iOS users, so you shouldn’t have any problems with compatibility.
The app is relatively easy to use as well, which, in my opinion, is the only saving grace of the app. You will easily get used to navigating it. The overall user experience it provides is generally pleasant, in my opinion.
Who can join ATM?
ATM is only available to people who live in the US, so if you live somewhere else, then this app is not for you. To sign up, you must install the app first. Then, when you open the app for the first time, you’ll be asked to go through the registration process.
During this step, you’ll be asked to provide your email address, password, phone number, and other profile information. After you’ve completed this step, you can log in to the app and start earning.
The registration process is fairly simple, so you shouldn’t have a hard time signing up.
Can you get support?
If you have questions about the app or your account, you can check out the FAQ section of the website. It discusses some of the basic topics you need to know about ATM. If you can’t find the answers you need, then you can just get in touch with the support team.
To do so, you must go to the FAQ section of the website and click the Contact Us link. Then, you’ll be asked to pick the right topic for your inquiry and click it. After that, then you just have to fill out the necessary fields and submit your inquiry.
Overall, I would say the site does provide decent support to its members since it offers a convenient way for you to request assistance.
Final Verdict
ATM is a legit rewards app that will let you earn from surveys, offers, and sharing your data. It has some decent features, but it also has a few drawbacks you need to know.
To help you with your decision, I have summarized its pros and cons so you can get a clear overview of what it offers.
Pros:
- Offers a passive form of earning
- Offers a convenient payment method
Cons:
- Offers very low rewards
- The first $20 you earn will be permanently locked
In my opinion, ATM is not an app worth your time for the reason that it has a very low earning potential because it offers very low rewards. You’ll have to invest a lot of time just to earn a decent amount from it.
I’m also not a fan of them locking up your first $20 of earnings. I have never encountered an app or site that does this over the years of testing rewards apps and sites. That’s why I would suggest you check out the top survey and GPT sites in your country instead if you are looking to earn extra cash.
The apps and sites on this list all have good earning potential, so you should be able to earn a decent amount quickly. Plus, you can definitely find a site or app you can join regardless of where you live.
If you have any comments, questions, or have experiences with ATM, I would love to hear from you in a comment below.