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Simcash Review At a Glance
- We believe Simcash is legit, but potentially untrustworthy. It received a low trust rating of 2/5. View reasoning.
- Based on our combined research and user reviews, Simcash seems to be a poor earning opportunity for Members. It has an overall earner score of 1.7/5. View our research or read the user reviews.
What Is Simcash?
Simcash is a mobile rewards app where members can earn passive income by renting out their phone number(s) for the sending of SMS messages. Founded in 2019, the platform is based in Italy.
General Details 📜
| Status: | Active, Legit |
|---|---|
| Helps You: | Make Money |
| Platform Type: | Rewards |
| Opportunities: | Phone Number Renting Refer-a-Friend |
Contact Info ☎️
| Socials: | Telegram - Support • Telegram - Announcements |
|---|---|
| Emails: | support@simcash.io |
| Support Pages: | FAQ |
Company Details 🏢
| Founded: | 2019 |
|---|---|
| Headquarters: | Varedo, Monza e Brianza, Lombardy, Italy |
Who Is Simcash For?
Simcash is primarily ideal for those looking to monetize an extra SIM card (as it can be a bit risky using it with your personal phone number). Just keep in mind that it won't earn you a fortune and may get you blacklisted from your telephone service provider if you're not careful.
Requirements 🔎
| Minimum Age: | None Simcash doesn't list any minimum age requirements but it's worth noting that to register for your own SIM card you typically need to be of the age of majority in your country. |
|---|---|
| Supported Locations: | Worldwide |
| Supported Languages: | English |
| Supported Devices: | Android Phone, Android Tablet The Simcash app is only available for download on the platform's website via APK. |
How Does Simcash Work?
There's 1 type of user on Simcash:
- Members
Here's how Simcash works for them:
How Simcash Works For Members
Simcash members can sign up for free and earn cash by renting out their phone number(s) and referring others to the platform. After accumulating €4.00, earnings can be cashed out via crypto or bank transfer.
Key Points 🔑
| Work Type: | Casual |
|---|---|
| Income Type: | Passive, Semi-Passive Simcash is primarily a passive income opportunity. Once you set your account up to send messages, you just need to keep it active in the background to earn. You can also earn semi-passive income by referring others to the platform for a recurring commission. |
| Work Schedule: | Flexible |
| Workplace: | Remote |
| Minimum Payout: | €4.00 Minimum payout varies by payout option. |
| Payout Options: | Cryptocurrency Direct Deposit Bitcoin Dogecoin Ripple Bank transfer is available via EUR or USD. |
| Payout Speed: | 1-9 days Payouts are sent within 1-7 business days. |
| Commissions / Fees: | €0.95 - For USDT (TRC-20) withdrawal. €1.99 - For BTC (Bitcoin) withdrawal. €10 - For EUR bank transfer. €15 - For USD bank transfer. |
| Other Notes: | The charges incurred for sending SMS are on you, so be sure to have enough on your mobile plan. |
| Pros: |
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| Cons: |
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| Tips: |
Pros, cons, and tips are based on real Simcash Member reviews. |
Getting Started 🔢
Becoming a Simcash member is free. To get started, head over to the platform's website and download the Simcash APK. When you open the app, you'll be asked to set it as your default messaging app. This is required in order to proceed.
When registering an account, you'll be asked to provide your name, email, country, phone number, and password.
Get started now: Sign up here.
Earning Money 💵
The primary way to earn money on Simcash is by renting out your phone number(s). You can rent out a single phone number or multiple (i.e. if you have multiple devices and SIM cards or your device supports more than 1 SIM card).
During setup, you can configure your SMS limits, add delays between sent messages, and select your locations and price per message. Once you're fully setup, you'll earn money for each message sent from your number.
Simcash says they use your number(s) to send one-time passwords and other automated text messages (called Application-To-Person (A2P) messages).
Another way to earn money on Simcash is with referrals. Share your referral code and earn up to 10% of your referrals' earnings. You can also earn an additional 5% if your referrals have referred users with their codes.
Cashing Out 💰
Once you have at least €4.00 in your balance, you can cash out your Simcash earnings via Cryptocurrency or Direct Deposit.
After cashing out, you can expect to receive your Simcash payout in 1-9 days. (Payouts are sent within 1-7 business days.)
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Simcash Images
Our Editorial Simcash Review
Is Simcash Legit?
We believe Simcash is legit, but we wouldn't trust it with our data. On the positive side of things, it was founded in 2019, has proven to pay members, and the platform's website clearly explains how everything works. On the negative side, we couldn't find any info on the company behind the platform, the opportunity itself could pose a privacy risk and may break your SMS provider's ToS, and there's really no way to be sure what type of texts the platform is sending with your number.
Overall, we'd say the negatives outweigh the positives here, but we still don't believe Simcash is a downright scam. Just be sure to proceed with caution.
Green flags:
- Founded in 2019.
- Based in Varedo, Monza e Brianza, Lombardy, Italy.
- There are payment proofs posted that prove the app pays as it claims.
- Website has clear information on how the app works and what users can expect before joining.
Red flags:
- Using the app poses a high risk to your privacy. There's also no privacy policy published on their website.
- No information about the company or founders is available online.
- App requires permissions to your phone's apps that may be sensitive (e.g. contacts). It also requires you to make Simcash your default messaging app, which pools all of your past text messages into Simcash.
- There's no way of knowing the type of content that's sent with your phone number.
- Lacks social media presence outside of Telegram.
- Some incomplete text on the platform's FAQ page.
Note: All research is done independently and could be wrong or change as new information is gathered. Please do your own due diligence.
Is Simcash Worth It for Members? Is It a Good Way to Make Money?
Simcash offers an intriguing and unique opportunity, but we don't think it's worth the risk. Renting your phone number out to Simcash can result in issues with your mobile service provider and privacy problems, and the pay is not high enough to justify those risks.
Simcash Statistics
General Platform Statistics
#731,226
Global Site Rank
61.8K
Avg. Monthly Website Visitors
Data as of May 23, 2023 • Sources: Similarweb
Simcash Reviews From Members
Average Scores
Reviewer Recommendation
😡 0%Rating Breakdown
Low pay, not worth the compromised security
If you don't mind selling your leftover SMS messages - which to some people might seem a bit sketchy - and you have an inifinte plan for SMS messages, and your mobile network allows it, then yes I think that this is a good app for you. You can think of it as turning your ""trash"" - your unused SMS messages into ""treasure"" - money.
However I personally wouldn't recommend it: you barely get any money, and (I find) it's not worth the compromised security and so on.
- it's passive income - you don't have to do much, just set up a couple things and you're off on your way!
- their app is very easy and user-friendly - it doesn't take much effort to figure things out and make money.
- Low rewards, especially for what they offer: the highest maximum money they will let you sell is €0.0050 per SMS message, and no one will buy at that level
- The app is only compatible with Android devices. Bad news if you have an Apple or anything else
- High transaction fee for some of the payment methods
- You have to allow the app to send messages from your phone: sometimes it doesn't feel very safe or secure, and the low reward isn't, personally, worth it for me
- don't put the price on an SMS message too high - no one will buy it then. The best range is about €0.0029 per SMS message sent or so.
- When asked to choose which countries you can send messages to, I recommend selecting only your country as it would be counterproductive to let the app to send messages to other countries (it costs more)
