Is SocialGood Legit or a Scam? (All You Need to Know)

SocialGood Rating


SocialGood isn’t a bad cashback app. However, it isn’t that great either. But whether it is the right option for you or not really depends on your shopping habits and the rewards you prefer.

Do you frequently shop online? If yes, then there’s an app called SocialGood you might be interested in.

This app claims you can earn cryptocurrency when you shop online. So, if you are a frequent online shopper and you are want to get into the world of cryptocurrency, this might be your chance.

I say “might” because you first need to find out if it is even legit or if it is just a scam. And if it is really legit, the next question that needs to be answered is, is it worth it?

This SocialGood review will answer all the questions above and more. I have tested the app and I will share my findings, as well as my recommendations at the end of this review. So, keep reading if you want to learn more about this app.

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What is SocialGood and what does it offer?

SocialGood is a cashback app that will reward you for availing of their cashback offers and other earning opportunities. And yes, it is indeed a legit app since it really does what it claims it does, which is to reward you with cryptocurrency when you avail of their cashback offers.

Now, to get an idea of how the app works, we have to examine the earning opportunities it offers. That way, you’ll know what to do to earn rewards. So, here’s how to earn from SocialGood.

Option 1 – Cashback offers

The main way to earn from SocialGood is to avail of their cashback offers. To do this, you have to download and install the app (I will talk more about their app later). Then, just log in to the app and you will immediately see all the shops that have cashback offers.

cashback offers of socialgood
The main way to earn from SocialGood is to avail of their cashback offers.

This is the important part of availing of cashback offers from SocialGood. You need to make sure you go through the app to get to the online store you will shop from. Because if you go directly to the store without going through the app, SocialGood will not be able to track your purchase and it will not be able to award you with the cashback reward.

As for the exact process, it’s actually pretty simple. Just press any of the stores you want to shop from and you will be taken to that store. Before you can actually shop, SocialGood will display all the details for the cashback offers of the store. I suggest you read them first before shopping.

If your purchase from the store meets all the conditions, you will be eligible to receive a cashback reward. And just to make it clear, the reward you will receive will be SocialGood coins (SG). This is the app's own cryptocurrency. Later on, I will discuss what you can do with your SocialGood coins.

One thing you need to know is, the cashback reward takes about a month before it will show up in your SocialGood account. Your purchase needs to clear the refund period first before the app will actually award any cashback reward. That’s usually how it goes with any cashback platform.

So, don’t expect to receive your cashback reward immediately.

Option 2 – Referral program

The other way to earn from SocialGood is through their referral program. If you’ve been a member of other cashback apps/sites or even Get-Paid-To sites/apps before, then you will be very familiar with this opportunity.

referral program of socialgood
You can invite other people to join the app to earn more rewards.

All you have to do is to share your invite code with the people you want to invite. Then, make sure to remind them to input the code when they register as a member of the app. When that happens, they will become your referral and you will receive $100 worth of SG. Your referral will also receive the same amount as a bonus.

However, before you receive the reward, your referral must make a purchase of a certain amount. This is to make sure the people you invite are really interested in the platform.

This opportunity is relatively simple to earn from and the reward is even quite high for a referral program, which is kind of surprising actually. So, it’s really quite rewarding to get a lot of referrals. Also, I will include an invitation link at the end of the review so you can get your own joining bonus.

Option 3 – SG staking

Lastly, you can participate in the SG staking. If you don’t already know, SG is their cryptocurrency and staking is a method of investing cryptocurrency to earn a certain amount after a set period.

socialgood staking
You can stake your earnings to increase them.

When staking SG, you can’t really withdraw or add any amount until after the staking period is over. After the staking period is over, you can collect your staking rewards (up to 15% of the amount you placed on staking). Think of this opportunity as a passive way of growing your earnings on SocialGood.

Usually, what members do is, after they’ve earned SG from cashback offers and referrals, they place their SG for staking to increase their earnings further. You can also do that since it’s a smart way to grow your earnings.

Recommended: Check Out the Top Cashback Sites

How do you get paid?

As explained above, instead of earning cash from cashback offers like you normally would with other cashback sites and apps, you will be earning cryptocurrency by SocialGood. And their crypto is also called SocialGood or SG as its abbreviation.

And since the app is using cryptocurrency, it means that you will also need a crypto wallet to withdraw your earnings. So, if you plan to become a member of SocialGood, you need a crypto wallet that supports SG since this is the only payment method they offer.

You can withdraw your SG to your crypto wallet anytime you want. You don’t need to earn a certain amount to do so like on most other platforms that offer this kind of earning opportunity.

Their payment system is relatively straightforward if you are already familiar with handling cryptocurrency. But if you aren’t yet, I suggest you do your research first so you’ll know what to do when it’s time to withdraw your earnings.

Now, if you prefer to earn cash instead of cryptocurrency, I would suggest you check out the top sites that pay via direct bank transfer instead.

How much money can you make?

The amount you can earn from SocialGood will mostly depend on your shopping habits and how good you are at getting referrals.

Their cashback rates are actually quite high. But, for a cashback platform though, I would say their partner stores are pretty limited.

You don’t actually have a lot of stores to shop from. So, there will be fewer chances of availing of cashback offers. You can’t really buy something from a store just to avail of a cashback offer. That will be very counterproductive. You have to really have an actual need for the product you want to buy. That way, you can make the most out of the money you spend.

And having a lot of partner stores to choose from will increase the possibility of that happening. So, I would say the earning potential of SocialGood isn’t really that good since there aren’t a lot of stores to shop from.

But if your favorite online store is one of their partner stores, then you can benefit a lot from this cashback app (provided you are ok with earning cryptocurrency).

Can you use it on a desktop?

SocialGood is a mobile-only platform. So, you will need a mobile device to use it. Personally, I don’t really have a problem with it being only a mobile-only platform since most people nowadays use their mobile devices to shop online.

socialgood app
The SocialGood app will work with both Android and iOS devices.

As for their app, it is available for download on both Android and iOS app stores. Their app is also very easy to use since the user interface is intuitive. You will easily get used to navigating the app. Overall, their app does provide a pleasant user experience, which is a good thing.

Who can join SocialGood?

SocialGood is available globally. You can sign up as a member regardless of where you live. The registration process is also fairly simple. All you have to do is download and install the app.

how to sign up on socialgood
To sign up, you can use your Facebook, Google, Twitter, or your own email address.

Then, when you open the app for the first time, it won’t actually ask you to register. Instead, it will immediately take you to the cashback offers. But, you can press the account icon on the upper portion of the app and you will see the actual registration page (refer to the photo above).

socialgood welcome bonus
SocialGood has a pretty high sign-up bonus if you manage to meet the requirements.

You can register using your Google, Facebook, Twitter, or your own email address. When you’ve done that, you will now be a verified member of SocialGood. Also, you will receive $100 worth of SG as a welcome bonus when you’ve made a purchase that costs a certain amount, which is actually a nice head start on your journey as a SocialGood member.

When you’ve completed the registration process, you just have to select your region in your account settings and then you can start shopping.

Can you get support?

If you have any questions about the app or your account, you can check out the FAQ page first. It is pretty comprehensive, and it covers most of the topics you need to know about the app.

If you can’t find the answers you are looking for, you can sign in to the SocialGood Foundation support portal which can also be accessed through the app. Then, once you are logged in, you can submit a support ticket.

Overall, I would say they have a decent support system in place for their members. I like the fact that they have a comprehensive FAQ page, but I do wish their contact form would also be accessible from their website.

Final Verdict

SocialGood is a legit cashback app that will reward you for availing of their cashback offers and using other earning opportunities. It has a couple of good features, but it also has some disadvantages you need to consider.

Let me wrap up this review with a summary of its pros and cons to give you an overview of what the app has to offer. Then, you can decide if you should go for it or not.

pros

Pros:

  • High cashback rates
  • Their app is user-friendly
  • No payout threshold
cons

Cons:

  • Doesn’t have a lot of partner stores
  • Doesn’t offer any cash rewards

In my opinion, SocialGood isn’t a bad cashback app. However, it isn’t that great either. But whether it is the right option for you or not really depends on your shopping habits and the rewards you prefer.

The main drawback is the limited online stores you can shop from. Typically, cashback platforms offer hundreds of stores you can shop from. But with SocialGood, there were only around 20 when I was testing it. However, some of the stores are very big and popular online stores and it gives great cashback rewards. But it can be a bit hard to find cashback offers depending on your preferences.

That’s why I would only recommend you join this app if you are already using the stores it offers cashback offers for and believes the SG coin will grow in value over time. But if you are just looking to earn extra cash, I would instead suggest you check out the top survey and GPT sites in your country.

The sites on this list all have good earning potential and almost all of them offer cash rewards. So, you’ll have plenty of reward options to choose from.

How to join SocialGood?

To register as a member, simply click the link below and it will take you to their sign-up page. It will only take a couple of minutes to complete the registration. And as explained earlier, you will receive a handsome sign-up bonus once you’ve met all the requirements.

If you have any comments, questions, or have any experiences with SocialGood yourself, I would love to hear from you in a comment below.

19 thoughts on “Is SocialGood Legit or a Scam? (All You Need to Know)”

  1. Thus us the WORST site ever. I buy on ebay ALL the time. Problem is that 2 out of EVERY 3 transaction get REJECTED. It seems the lower amount ones get credit but the higher amounts get rejected. It allbyhe SAME products as I buy sports cards from ebay. Also I’ve had approved SG for a week now and I haven’t gotten ANYTHING for staking. Says every 6 hours and it been 7 days. So should be 28 staking at 15%. Even with the 2 hundred and something that DID get approved that’s alot of money. From what I can see this site is a TOTAL SCAM. I have written numerous timevwit NO REPLY. They don’t even tell me WHY my transactions got denied. Example #1 I bought 2 cases of toploaders 1 for $80 and 1 for $60 only got credit for the $60 and the $80 got rejected. Example #2 won 4 auctions from same seller total $23.13 git rejected, won 5 Uctions same seller total $97 rejected, won 4 items total $9.71 approved. All these transactions were in the same day. So why were some approved? Why were the others rejected? I bid, and paid the SAME EXACT way on EVERY one. SOCIAL GOOD IS NOTHING BUT A SCAM.

    Reply
  2. Scam! See this user’s experience on Reddit.

    “I’ve tried it. I have SG tokens that are “Pending,” they say it takes a few months. As far as I can tell, this could be a scam, or it could be perfectly legitimate. It could be a way for them to try and add a price to their token, then sell some of it for a profit later.
    I haven’t been able to withdraw yet, but if I do I’ll try to update this comment if I remember. UPDATE: I’ve contacted SocialGood support. Ghosted for the past 2 weeks. I was given a notification saying my SG was approved, (It wasn’t) And the referral bonuses keep increasing on their site. I’m calling it right now and saying that it was a scam.”

    Reply
  3. This site is a total scam,I made the $30 purchase never got the 100% crypto back, I had over $500 in my assets waiting to be approved next day I had a total of $7 in my account,everything got rejected!!! I did everything by the rules and still got rejected, Its just a shopping scam,plain and simple, a few people get what they shopped for just to keep the site legit, but like 80% get screwed!

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