If you are looking for an easy and fun way to earn extra cash, there’s an app called Money Well that claims you can earn money simply by playing games. It sounds like a pretty good deal, right?
Well, before you download this app, there are a few things you must consider first. The main one is if this app is even legit or a scam? You need to make sure you use a legit app that will really pay you. Otherwise, you’ll just be wasting your time.
And the other important question that needs to be answered is, if it is legit, is it really worth it or not?
All these questions will be answered by this Money Well app review. This review will show you all you need to know about the app so you can decide if it is really worth using or not.
So, let’s go ahead and take a closer look at Money Well.
What is Money Well and what does it offer?
Money Well is a GPT (Get-Paid-To) app that will pay you for downloading mobile games and playing them. It’s very similar to Cash Alarm, another app that promises to pay you for playing mobile games.
As for its legitimacy, yes, Money Well is indeed a legit app that will really pay you for playing the featured mobile games they offer. But as to the question of whether it is worth your time or not, we can only answer that by taking a closer look at the earning opportunities it offers.
This will give you a good idea of how the app works and how well you can earn from it.
Therefore, I have made a short video that give you an inside look so you can see exactly how to earn from Money Well. You can also read all the details below the video:
Option 1 – Playing mobile games
The main earning opportunity this app offers is their featured mobile games. At any given time, Money Well features mobile games you can play to earn rewards. All you have to do is log in to the app and you will immediately see all the games you can play.
As for the process of earning from playing games, let me explain what you need to do.
The first thing is, you have to choose which game you want to. When you log in to the app, just choose which game you want to play and press the “Start Playing” button.
You will then be taken to the Google app store page of the game. Just install the game and wait for it to finish. Once the game is installed on your mobile device, then go back to the Money Well app and go to the “My Apps” section.
You will then see the game you just installed listed on that page. Simply press the game to open it. Take note of this because this is how you will open the mobile games you want to play in the future. You need to go through the “My Apps” page so that Money Well can keep track of how long you are playing the mobile game.
As you can see in the photo above, you will earn a certain number of tickets for every minute you play the game. Later on, I will discuss what you can do with the tickets you’ve earned.
It’s a fairly straightforward way to earn, but what they don’t tell you is, the longer you keep playing a game, the fewer tickets you earn until you will not earn anything from it anymore. They devised this system to make sure you try out other games.
It’s actually a pretty ingenious plan because if you want to maximize your earnings, you will have to try out as many games as you can. That’s how Money Well makes its money. Game developers will ask for their help to promote their games and find new users.
As for the games you can play, they are mostly casino and puzzle games. They don’t feature popular mobile games. At least that’s what I encountered during my testing.
Option 2 – Referral program
Another way to earn rewards from Money Well is to invite other people to join the app. This is called a referral program and you will find it on most GPT and survey sites and apps.
In Money Well’s case, you will earn 250 tickets per person you invite that successfully becomes a member of the app. Aside from that, you will also receive a 25% commission of whatever your referral will earn. The same goes for your referral. He/she will also receive a 25% commission every time you earn something. So, it’s a win-win situation for the both of you.
To invite a person to join the app, just go to the “My Apps” section of the app and press the “Invite” button. You can then choose how you can invite people.
The options available will depend on the messaging apps you’ve installed on your mobile device, but typically, you can send the invitation via email or SMS since these are the basic messaging options you have on your mobile device.
Recommended: Check Out the Best Ways To Earn Money By Playing Games Online
How do you get paid?
As explained above, you will earn a certain number of tickets for playing mobile games and inviting people to use the app. You can then convert your tickets to cash via PayPal. Now, on their Google Play page, they mention that you can redeem other rewards like gift cards using your tickets.
However, this will depend on your location. During my testing, the only option available was PayPal. So, I guess gift cards are not an option where I live.
As for withdrawing your rewards via PayPal, the amount you can withdraw will also depend on the country you live in since the app will automatically use your local currency. The tickets required will also vary depending on the amount you can withdraw.
For example, a $1 PayPal withdrawal will cost around 19,000 tickets. So, it’s kind of hard to determine the exact value of the tickets you’ve earned. But the one constant thing about their payment system is, the threshold will be quite low.
If you are interested in more sites with a low payout threshold, I recommend you also check out the fastest paying sites.
How much money can you make?
Let me be frank about this. The amount of money you can earn from this app will be very low. Let me explain why.
You will typically earn around 40 to 50 tickets per minute you play a game. And remember, that rate will only go down the longer you keep playing a game. So, playing a game longer will result in diminishing returns.
And if you put it into perspective, while 50 tickets may sound like a lot, it’s actually a very small amount. Let me paint a picture. In the scenario I mentioned above, you will need to earn more than 19,000 tickets to withdraw $1 via PayPal.
If you calculate how much 50 tickets is worth based on that, you will only actually be earning $.002 per minute you play a game. And considering the rate will only get lower, you will practically have to spend hours and hours playing new games to earn even $1.
So, it’s not exactly the most efficient way to earn extra cash. That’s why I would say the earning potential of this app is quite low. If you want to earn a decent amount quickly, you are better off joining survey apps or other GPT apps that pay better.
Can you use it on a desktop?
Money Well is a mobile-only platform. So, to answer the question above, no, you can’t. You will need a mobile device to earn from Money Well. However, the app is only available for Android devices. So, if you are an iOS user, then this app is not for you.
The one good thing I can say about the Money Well app is, it’s very user-friendly. Plus, it’s not spammy. You won’t encounter any ads, which is quite rare for an app like this. Usually, in my experience, apps that offer this kind of opportunity will show lots of ads.
So, I guess this is one thing that Money Well did right. It adds to the overall usability of the app.
Who can join Money Well?
Money Well is available globally. That means you can sign up regardless of where you live. But as I’ve mentioned earlier, the availability of rewards (mainly gift cards) will depend on your location.
To sign up, you first have to install the app. Then, you have to go through the registration process. There are three ways you can register. You can either use your Facebook or Google account to register, but you can also just sign up using your email address.
Once you’ve selected which account you want to use, you will be asked to allow the app to track data usage. You have to permit the app to do this because this will be the only way for the app to track how long you’ve been playing a mobile game.
Once you’ve done that, you will be logged in to the app, and as shown in the photo above, you will also receive a sign-up bonus. During my testing, I received 9,444 tickets, which is a good starting point, in my opinion.
Can you get support?
If you have any questions about the app, you can log in and go to the Profile section. Then, press the “Info & help” link. This will lead you to the FAQ section of the app. This section discusses most of the important topics you need to know about the app.
If you can’t find the answers to your question, you can access their contact form by going to the “Info & help” section and pressing the “App General Information” option. It will redirect you to the contact form. Just fill it out with your questions and hit submit.
Overall, I would say they have a decent support system in place for their members since they offer a convenient way for you to get in touch with their support team.
Money Well is a GPT app that will pay you for playing mobile games. It has a couple of interesting features, but it is also quite a limited app.
Let me summarize its pros and cons to conclude this review so you can get an overview of what the app has to offer. That way, you can decide if it is really worth it or not.
- Offers a fun way to earn
- Offers payment via PayPal
- Available globally
- Limited earning opportunities offered
- Low rewards
The one thing Money Well has above all other apps that offer the same kind of earning opportunity (playing mobile games) is, it is not spammy. You won’t encounter any annoying ads. But aside from that, they are all pretty much the same.
You can’t earn a decent amount in a short period of time. You will need to invest a lot of time just to reach their low payout threshold which actually makes their low payout threshold irrelevant.
If your goal is to earn extra cash, I would not recommend you join this app. But if you are just looking for a way to pass the time, then Money Well can be a viable option. Just don’t get your hopes up too much.
Now, if you are interested in great ways to earn extra cash online, I recommend you check out the top survey and GPT sites in your country instead. The sites and apps on this list all have good earning potential. You don’t have to invest a lot of time to earn a decent amount.
If you have any comments, questions, or have any experiences with the Money Well App yourself, I would love to hear from you in a comment below.
22 thoughts on “Money Well App Review – Worth It? (All You Need to Know)”
earned 10 Euro’s and now being told I have to give it back Why
You need to ask their support about this.
Got a Google alert about price for having done a certain number of research on Google. The price is money but it asks for downloading money well app. Does the Google price appear on money well as ticket or what?
Have never heard about this before but sounds like something to be careful about.
Do you get paid every 1 minute? Cause while I was using one of the apps I got a notification saying I’ll earn more coins in 3 minutes
I explain everything in the review above.