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Frequently asked questions

What is CashMagnet?
It is Android app that will allow you to earn extra income while you are not using the phone.
Is it free to use?
CashMagnet is completely free to use, and always will be.
Which operating system is supported?
For now, CashMagnet is only available for Android phones with 4.2 version and later.
Are there any additional requirements for the phone?
For the CashMagnet work it is necessary that the phone has root rights. You can read about how to get them for various phone models here.
How does the accumulation of points happen?
Accumulation of points takes place every 5 minutes, the longer your program will work on your phone, the more money you will receive.
Do I need to connect the phone to the Internet?
Yes, the program will consume a certain amount of traffic, so the desired condition is an active wi-fi connection.
How much can I earn?
We are ready to pay you up to $ 15 per month on one phone. Since our service allows the use of 4 phones on one account, the amount increases to $ 60 per month.
How can I redeem my points?
You can redeem your points at any time for PayPal cash, Amazon, iTunes, Google Play, Playstation, Steam Gift Cards or replenish a mobile phone account by going to the Rewards page.
What is the minimum payment?
Payment goes from 1 USD.
How long does it take to earn points?
Most users can easily earn enough points to redeem for two days, but it depends on how much time your CashMagnet will work.
What are the points and how much are they worth?
Points are the virtual currency used on CashMagnet. 10 Point is worth $ 0.01, so $ 1 is worth 1000 Points.
How long does it take to get my reward?
Your payment will be sent 48 hours after you have requested it. If you have not received your payment after 48 hours, please let us know so that we can look into it as soon as possible.
How are rewards delivered to me?
Amazon, iTunes, Google Play, Playstation, Xbox will be delivered to your account email address. PayPal payments will be sent according to set in My Account > Settings.
Where can I see the status of my rewards?
You can see the status of your rewards by going to My Account> Payments. Payments can either be Pending, Canceled or Paid. Have not received your reward, even though it shows as paid on our site? Please let us know as soon as possible.
How do referral bonuses work?
There is a two-level referral system in our project. You receive 5% of the earnings for the person you invited and 5% of the earnings for the person whom your referral invited.