Hi, and thanks for stopping by to check out my CashMiracle review.
Just to be clear, this review is about the CashMiracle.co website and cash app… NOT about the cashmere sweaters of the same name, although at least the sweaters are legit 🙂
No, this is all about the money-making cash miracle. The one that promises will change your life. The one that claims to #1 Influencer Network. And the one that claims not to be a scam.
We'll see about that…
If you've been looking for ways to make money online for a while, I know the feeling. I've been there, stuck in a job I didn't like with bills piling up and debts to pay. So you're not alone.
And I know how it feels when a site like CashMiracle comes around, selling hope and what looks like an escape for the struggle.
In this review, I'm going to explain what CashMiracle is, how they work and what they do. They make some big claims here as well. Claims that seem far too good to be true. So I'll pull back the curtain and reveal whether it's legit or just another scam.
The main topics I'm going to cover are…
- What is CashMiracle?
- Is CashMiracle a Scam?
- How Does CashMiracle Work?
- CashMiracle Reviews and Complaints
- What I Like about CashMiracle
- What I Don't Like
- Where Do You Go From Here?
Please note, I am not a member or an affiliate for CashMiracle. This review has been researched with information and/or testimonials that are available online in the public domain. Any recommendations and/or conclusions are strictly opinions and may not apply to, or agree with, all persons or situations. See full disclaimer for more info
What is CashMiracle?
CashMiracle (or Cash Miracle) is a rewards site that pays you to refer new members and perform small tasks online such as installing apps, doing surveys and submitting content to video and social media platforms.
They claim to have over 300,000 members who've been paid a total of $453,637,928.
Yes… they've apparently paid over $453 million dollars to their users.
These are some staggering claims that I'm going to come right and say, are not true.
But you shouldn't take my word for it. I'm going to explain why I don't think they're true, and why you shouldn't either.
Is CashMiracle a Scam?
One of the first things you should look for when researching a new money-making website or system is how old it is.
Everyone wants the latest and greatest strategy or secret… but the problem with “shiny new toys” is that they don't have a proven track record. They've never been tested, and you don't know if it's a scam.
Now, Cash Miracle claims to have a track record.
They show you reviews from people like Mara Xarier who (on April 2, 2020) says she loves it, and that there are plenty of ways to earn and they pay you automatically.
You also have AnnMarie Harvey who said on July 2, 2020, that she wishes she found them sooner, and that they pay in a timely manner…
As far as testimonials and track records go, those sound pretty good, but there's a problem.
A big problem…
These reviews are dated April and July 2020, but the website cashmiracle.co was only registered a week ago on December 03, 2020.
It seems kind of strange that these two glowing CashMiracle reviews were written several months before the company even existed, right?
The truth is, these reviews are fake.
In fact, there are apparently 908,035 or these reviews…
When you click the link to read those reviews though, it just brings you back to the same spot on the same page with the same handful of fake reviews… NOT nine-hundred and eight thousand real ones.
In other words, they don't exist.
And when you think about it, it doesn't make any sense anyway…
They claim they only have 300,543 members. If there were true, why would they have 900,000+ (or three times as many) reviews as they have members?
Are we to believe that every single member not only gave them a good review (which never happens for any company) but that each member gave them “three” reviews?
At this point, I had only started my review and I was losing confidence quickly. In fact, I had seen enough I was already certain CashMiracle was a scam. But again, you shouldn't take my word for it. The burden of proof is on me, so I'll present the evidence.
Big Lie #1 – Members and Payouts
You can't ignore the fake reviews and testimonials, but let's pretend you do. Let's pretend we haven't yet uncovered that lie and I'll call this one big lie number one.
As stated earlier, CashMiracle claims to have 300,543 members. They also say they've paid out more than four-hundred and fifty million ($453,673,928) to those members.
That's a lot of dough.
Even more impressive is that their site was only registered a week ago, as mentioned above (and shown in the domain registration screenshot from the previous section).
How many companies in the history of the world have gone from ZERO to nearly half-a-BILLION in a week?
And if that's how much money they've paid out in a single week, the forecast for a year (52 weeks) would be roughly $25 Billion Dollars… which is greater than Tesla's revenue for 2019.
Are we to believe CashMiracle is bigger than Tesla?
Or that they became the “#1 Influencer Network” (bigger than YouTube, Instagram, or Facebook) with a website that was registered on Dec 03, 2020?
Big Lie #2 – Fake Payment Proof
So far we've looked at fake reviews and fake revenue/payout claims, but what if they could prove that those payouts were real?
If they had proof, they'd surely use it… and they did. Sort of…
Here's payment proof from member Megan Viola.
Megan says this is her 2nd payment of the day and that her experience with CashMiracle is the best of any affiliate network she's had so far.
Here's the problem…
Apparently, Megan's experience with another platform called SpininCash is the best she's had so far as well. She even earned the exact amount, $212.84, and took an identical screenshot on her phone to show us.
What are the chances?
Not very good…
Obviously, the so-called “proof” CashMiracle is showing you here is fake, as are all their payment proof screenshots.
It seems strange to me that a platform with hundreds of thousands of real members, who've paid out hundreds of millions of real dollars, would use fake members and fake proof to show those payouts.
That is, unless those real members and payouts are actually fake… which they are.
Big Lie #3 – A Big Deal on Social Media
Cash Miracle claims to be a big deal on social media, and that “many of the big name influencers most likely use them”.
They don't provide any specific influencers so I wasn't sure where to start, or how to prove this. It seemed like a lot of work to search the content of every big name influencer to see if they were recommending CashMiracle.
Instead, I started with CashMiracle's followers to see which ones were big name influencers.
But this is what I found…
On the biggest social media platform, the so-called #1 Influencer Network who supposedly works with the biggest influencers, only has 4 followers…
Just to put that in perspective, based on their claims… a company with more revenue than Tesla has only 4 Facebook followers.
To be fair, they've done a lot better on Instagram…
On IG they have nearly 5000 followers. That's not bad, but it's nowhere near the world of #1 Influencer status.
I also searched through their 5000 followers and did not find a single big name influencer… and their presence on other social media platforms is less than impressive as well.
Something doesn't add up…
The Truth About CashMiracle
So here's the truth about CashMiracle. It's a scam. I'm not speculating, it's a reality. They are part of a network of scams that all claim to be the #1 Influencer Network.
These are just a handful of the scams that belong to this network.
There are dozens, if not hundreds, that date back as far as 2010…
So CashMiracle is NOT a miracle. They're not even real. Like all of the other schemes in this network, they are a flat-out scam.
How Does CashMiracle Work?
If you've read this far, you know Cash Miracle doesn't work the way they claim.
According to them, you sign up and receive a $40 Bonus.
You can then earn $15 for every friend, family member and whoever else you can get to sign up using your referral link.
While you're doing that you're also invited to complete tasks like surveys, app installs and testimonial submissions on websites like YouTube and TikTok. These tasks range in pay from $10 to $50 each… although most lean towards the higher side of that scale.
Now, there are many legitimate websites that operate this way, the big difference being the legit ones don't pay nearly as much.
And there's a reason for that…
If a legit site like Survey Junkie pays you $2 to complete a survey (just as an example), it's because a client is paying them (for market research purposes) to qualify recipients and distribute the survey (to you and other members).
Survey Junkie then consolidates, and sometimes interprets the results, before sending them back to the client.
That survey goes out to hundreds, even thousands of people and the question is this…
How much is their client willing to pay for the opinions of thousands of people?
The answer is as little as possible.
Scams like CashMiracle and similar websites claim payouts as high as $40 to $50 for a single survey, which means the client would have to pay $70 or $80 to CashMiracle (per survey).
Multiply that by a thousand survey-takers (or more) and the cost to the client is seventy to eighty thousand dollars!
Why would a company pay seventy to eighty thousand dollars to CashMiracle when they can get the same market research data from Survey Junkie (or any other legit survey site) for…
…. less than ten thousand dollars?
It's not like they're comparing Honda's and Ferrari's here. The opinions of CashMiracle uses are NOT worth ten times more than the opinions of Survey Junkie users.
This is not a reality.
The same goes for every other task CashMiracle claims to pay for, like app downloads (which supposedly pay as much as $50 each).
There are app creators and software companies who will pay a small number of users to install and test their products in exchange for feedback, but NOT for $50 each.
They may pay good money to a select handful of experts in the field who understand how the app or software is built, and who test these things extensively for a living.
Otherwise, they're paying a few bucks at most for a new user and an email address so they can market new products and upgrades to that user at some point in the future.
So, how CashMiracle claims to work is simply not a sustainable business model. And if they don't operate the way they claim to, what are they actually doing?
How CashMiracle Actually Works?
The real purpose behind CashMiracle is to harvest your data. Your information can be sold, or used for identity theft and hacking into your accounts.
For example, your email can be used for phishing scams which you may already be familiar with. These are emails that appear to be from legit companies like Apple, Amazon or Netflix claiming there's a problem with your account or purchase.
They then encourage you to click one of the links embedded in the email which takes you to a fake website made to look like the real thing.
When you log into what appears to be the real thing, they capture your login credentials. When you get emails like that, do not click those links.
For some CashMiracle users, they can skip that step because a small percentage will register using the same email address/password combination they use for their other accounts.
Their login credentials are then entered into hundreds of other popular platforms, banks, retailers, etc. using software, and in many cases, scammers will gain access.
This is extremely dangerous.
In most cases, people use a unique email/password combination so it's not an issue.
And it's not necessarily the person or group of people behind CashMiracle who are doing this either, but rather the people they're selling your information to.
Meanwhile, CashMiracle will not pay you what they owe.
You can email [email protected] but the usual claim is they've detected fraud on your account and are therefore under no obligation to pay you. In some instances, they may just ignore your payout request entirely.
CashMiracle Reviews and Complaints
Like all scams in this network, CashMiracle's reviews and complaints will follow a similar pattern. The ones you find will depend on when you're reading this.
Being a new website only registered in the first week of December 2020, you won't find any negative reviews (if you're reading this in December 2020). And that's because CashMiracle is only acquiring its first members.
As new users complete tasks and refer their friends and family, they see their earnings accumulate inside their member's area. Everything seems great.
These schemes are short-lived because, after that first month or two, everyone wants their money… as they should.
However, CashMiracle has no intention of paying, and that's when the negative customer reviews begin showing up.
Members are understandably angry.
Here are some recent reviews from another one of these scams that started earlier in 2020 (called RewardsFeed)…
These are just a few complaints from members who haven't been paid what they're owed.
Here's another from yet another in this network of schemes…
If you're currently referring people to CashMiracle, submitting videos and doing tasks, then you're also seeing your earnings grow inside your account. And you're probably starting to suspect they won't pay (which is why you're reading this review).
You're not alone, and you're certainly not the first. This has been going on for a long time. I really wish I could tell you it's legit and that your money was on its way but I've read countless angry comments like those above and it's not likely CashMiracle will be any different.
In a few months, the reviews and complaints will be the same.
What I Like About CashMiracle
- Absolutely nothing. If it were a legit website I'd have a lot of great things to say, but unfortunately, it's not.
What I Don't Like
- It's a scam.
- Data harvesting, hacked accounts, and identity theft.
- False hope and optimism.
Where Do You Go From Here?
If you've spent time as a CashMiracle member, learning it's a scam hurts. I know… I've been there before. Not specifically with CashMiracle but schemes just like it.
Even if you're not a member, but you've allowed yourself for a minute to hope it's real, it hurts.
With monthly bills that never stop and debt that keeps growing, websites like this promise a way out. Not only a solution to your financial troubles but an escape from the job you hate and even a future with millions of dollars.
But it's a lie, and I know you suspected that from the beginning.
I'm not sure which is worse. The roller coaster of emotion getting your hopes up and having them crushed, or the danger of what scammers can do with your personal information.
Of course, the second danger can ruin your life, and if you've signed up using a common email and password combination (that you also use for other accounts), you must change your passwords immediately.
It's discouraging, I know. It seems like there's only scams online.
There's a lot, that's true, but I can tell you from experience there are also legitimate ways to earn a living online. I'll also tell you, it's nothing like scammers say it is.
Real money requires real work. It doesn't matter if you earn it online or offline… and that's okay.
That's why it's called “earning” money.
Of course, it would amazing if CashMiracle was actually a miracle, but it's not and there's nothing wrong with real work.
I hope my CashMiracle review has been helpful and if you have any comments, questions or experience with CashMiracle, please share in the comments section below.