Thanks for stopping by to read my RainMoney Review.
If you’ve been looking for a way to jump on the online-money train, RainMoney.co might look like a great opportunity. On average they say, a social media influencer can earn $2000 a month.
But is it a scam?
Sites like RainMoney make it sound easy, but you know it can’t be that simple. You may be a student who needs money or a parent with bills to pay, and the idea of making money with a site like RainMoney is exciting.
But you can’t help but wonder if it’s too good to be true.
In this review I’m going to explain what RainMoney is, how they work and why you may not want to get involved with them. I’ll also go over some serious red flags so you’ll know if these guys are legit or just another scam.
Please note, I am not a member or an affiliate for rainmoney.co. 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 RainMoney?
RainMoney is supposed to be an online rewards site that pays you for doing small tasks and bringing in new members. What they actually are though… and what they claim to be, are two different things.
According to RainMoney, they will pay you $2 everytime someone clicks on your referral link and an additional $10 if they join.
You will also earn $50 for uploading a YouTube testimonial video along with $30 each time you perform a small task.
Other ways to make money include submitting your link to Instagram, Facebook and Twitter every 48 hours and getting paid $10 each time.
To cap it off, you earn $25 just for joining.
When you add it all up, you can make some serious money on rainmoney.co. Or at least they make you think you’re making serious money.
What’s not clear, is whether you’ll actually get paid.
Is RainMoney a Scam?
You’ve heard and have probably said it before… if it sounds too good to be true, it probably is… right?
There are some serious red flags when it comes to RainMoney and I’ll go over each one. The first is that whoever is behind Rainmoney is almost certainly the same person behind some other scams I’ve reviewed recently.
The first thing I noticed was the familiar use of the phrase #1 Influencer Network.
On it’s own, it’s not a big deal.
And what does it even mean… The #1 Influencer Network?
Is it the RainMoney platform that is number one? Is their their network of influencers?
Because I’d argue that Instagram or YouTube have a pretty big network of influencers and are bigger than RainMoney.
But companies like Rain Money make these vague claims and how we interpret what they’re saying doesn’t really matter.
What matters about this particular claim is this…
It looks suspiciously like some some other known scams with the same wording you find on rainmoney.co.
I also pointed out the text they’re using because their names and #1 Influencer status are not only similar, but their identical descriptions are too.
That’s because these two systems are part of a network of copycat scams that also say they’ll pay you for sharing your referral link and doing small tasks.
The comparisons don’t stop there unfortunately.
Other versions of this scheme include EmotePay and Paid4Clout. In just about every version of these #1 Influencer Networks they copy and paste the same text, word for word.
And unfortunately, RainMoney appears to be one of these copycat schemes…
It’s a little difficult to read, especially if you’re on a small screen, but each one of these scams (including RainMoney) are word for word saying the same thing…
“We strive to provide straight transparency to our members. Money generated from ad-spend revenue and sponsorship products is used to pay our members. By inviting friends, you are building traffic to our site and increasing ad revenue. You are also increasing exposure to our sponsors’ products, ultimately, increasing sponsor relations across our network.”
You’ll also notice the similar layouts and $25 signup bonuses. If you were to continue inside the members area you’d also see identical dashboards, tasks and so on…
There are more lies and deceptions that I’ll go over below, but as far as RainMoney being a scam, in my opinion… yes they are.
Not with RainMoney…
Survey Junkie and Swag Bucks may not pay loads of money but they’re legit, and a great way to get started if you’ve never made money online before. They can even be a stepping stone to something bigger like an online business.
If you’re unable to work for health reasons though, if you have young ones at home, or you’re a student who’d like to have a side income… making real money online might be what you’re after.
There’s so much misinformation out there though, knowing how to get started the right way is what you need in order to get what you want.
Fake Payment Proof
RainMoney’s connection to this copycat scam network doesn’t stop at $25 sign-up bonuses, copy and paste text, or the use of identical terminolgy and layouts.
They also use the same payment “proof” as shown in this comparison with KashTree…
The only “proof” these screenshots provide is proof that something shady is going on.
I mean… RainMoney claims to have more than 150,000 members making loads of money, but they don’t have their own legit payment proof?
They have to steal it from another site? C’mon…
What’s going on here?
The Numbers Don't Add Up
The big question we must to ask ourselves is where RainMoney is getting all their cash from?
I mean, if we look at their member testimonials, some people are making tens of thousands of dollars. Where are they getting that money?
Cristina has apparently made more than $12K, Victor over $20K and Jayson is just crushing it at $35K plus.
And why wouldn’t they be crushing it?
All they have to do is sit at home, share their link on social media, do some simple tasks and upload a YouTube video.
But let’s assume not everyone is ambitious like Cristina, Victor and Jayson.
Let’s just say they just do the bare minimum…
- They sign up and earn $25.
- They upload a YouTube video for $50
- They submit their link on Instagram, Facebook and Twitter at ten bucks each for another $30.
- They refer one person and make $10, and…
- They’re not very good at this so the most “clicks” they get at $2 each is just ten for a grand total of $20
Add those items up and we get $135.
Keep in mind, this is just the bare minimum. We’re not even talking about the Jayson’s of RainMoney’s universe who are making $35K or more.
And, we haven’t included the money people are earning from RainMoney’s $30 task wall either… (which is a series of small tasks such as entering your phone number and watching a movie for $30).
Nope… none of that.
We’re just talking about the bare minimum. One-hundred and thirty-five-dollars…
We can multiply that $135 by the 150,000 members RainMoney claims to have (155,000 actually but we’ll round down for simplicity) and we get $20,250,000.
I’ll spell it out for full effect 😀
Twenty Million, Two-Hundred and Fifty Thousand Dollars! In other words, a lot of dough!
That’s how much cash RainMoney is already on the hook for (and again, we haven’t even counted the big fish pulling down tens of thousands of dollars).
So the questions is…
How Does RainMoney Make Their Money (so they can pay their members?)
According to RainMoney, they get their money from ad revenue and sponsored products, but here’s the thing…
Those items we added up (like the $25 sign-up bonus and uploading a video for $50) to come up with the $135 per member figure we used above…
… do not include anything from the $30 task wall (which is where you’ll find products).
And, if you’re already a member of RainMoney, you’ll know you can sign up and do everything you need to earn that $135, before you ever see an ad, or a sponsored product.
In other words, RainMoney is on the hook for more than $20 Million Dollars before they’ve made a single dime.
And if you’re curious how much ad and sponsorship revenue you can earn from 150,000 members I can tell you this… it’s not even in the same universe as $20 Million.
On a good day, ad revenue pays in the ballpark of $20 – $25 per 1000 impressions. Here’s a look behind the curtain of this site’s ad revenue…
Ad revenue and sponsorships are not the only ways this site makes money, but since RainMoney claims that’s how they make theirs, I’ll focus on those.
As you can see in the screenshot above, just under 5000 sessions earned this site (Gig Hustlers) just $109 in ad revenue for that particular day, paying out $21.98 per 1000 impressions (or sessions).
If you do the math, that’s roughly 2 cents per session… and it takes 50 sessions to earn one dollar.
To make $20 million dollars (at 50 sessions per $1 dollar) would be 20 million multiplied 50…
… or One Billion Sessions!
To put that in perspective, a site that gets 1 million sessions per month (which is extraordinary and relatively speaking, very few websites reach that milestone) would take 1000 months to earn $20 million dollars in ad revenue.
1000 months is 83 YEARS!
In other words, even if rainmoney.co was getting 1 million views per month, it would still take the upper limit of a human lifespan to earn $20 million dollars.
And, not only is the internet far less than 83 years old… RainMoney’s life is counted in days (not years). Their domain (rainmoney.co) was just registered on Aug 15th of this year.
What’s worse is that they are claiming they’ve been around since 2013, which we now know is another lie…
You may be wondering why I focused on ad revenue and not the sponsored products RainMoney claims to earn from, and that’s because sponsorship dollars are pretty much the same as advertising dollars (with a bigger emphasis on brand awareness).
But neither are dependent on actual sales.
For example, a racecar with sponsors is a racecar with advertisements, and some racecar’s can attract millions of dollars in sponsorships because they get viewed millions of times over a season (and they are attached to a famous celebrity).
If the racer is a consistent front runner, they also get the majority of camera time as well as commentator attention for 2 or more hours every weekend in front of millions of viewers.
They also get screen-time on dozens of different stations such as sports news and highlights. There are hundreds of sports and racing related websites that add up to many more millions of views over a racing season (and during the off-season).
With RainMoney though… there are no celebrity endorsements and no commentators talking about them. There are no late show appearances and they don’t have millions of viewers on prime-time TV.
They are a small website that was registered less than a month ago and the idea they make tens of millions of dollars in ad revenue and sponsored products is simply unrealistic.
You may also be looking for something bigger like an online business.
In that case, with so many fake gurus and scams like RainMoney out there, knowing how (and where) to get started is what you need in order to get what you want.
The numbers above are based on each member earning just $135 each. But RainMoney claims they have members earning tens of thousands of dollars.
That means RainMoney’s revenue would have to be in the hundreds of millions of dollars, and considering you’re not buying anything from them (and your referrals are not buying anything either)… those numbers are absolutely absurd.
So what’s the story with these big-dollar member testimonials?
Just like their fake payment proof, their member testimonials are fake too. Shown above, Cristina Richards who has supposedly earned $12K + is also Samantha Wright who does bike maintenance for RideFaster.
Just for fun… even though RideFaster’s site looks legit… I doubt that Samantha Wright is a real person either.
Here she is (below) as Cathy Maclin… owner of a pain management center (as well as a few dozen other people she appears to be).
So, RainMoney’s testimonials are just as fake as their payment proof and founding date. And they’re just as unreal as their intention of actually paying you.
RainMoney Reviews and Complaints
At the moment there are some RainMoney members saying great things and even talking about how much money they’ve made.
The problem is that the money they’ve made is shown on their RainMoney dashboard, it’s not in their bank accounts.
If you’ve been sharing your RainMoney referral link and uploading your testimonial video hoping you’ll get paid, you’re not alone.
I’ve gone down that road before too, but making money online isn’t easy and we sometimes learn the hard way. I did and I know a lot of others who did as well. It’s just part of the journey…
What typically happens is these sites start out with a bang and a lot of excitement but as a few months go by and the time people are supposed to get paid approaches, the negative reviews and complaints start coming in.
RainMoney is still new so there are a lot of people still saying great things about them.
If you remember above though, I showed you a screenshot of how RainMoney was the same scam as another called Paid4Clout, well… here are those reviews which gives us a glimpse into what RainMoney’s reviews will look like in a month or two…
The unfortunate truth (and please don’t shoot the messenger) is that RainMoney (like every version of this copycat scam) has no intention of ever paying anyone.
What I Like About RainMoney
If you’ve read this far, you know there’s nothing I like about RainMoney.
If I was tied up and forced to come up with something to earn my freedom though, I’d say they have a clean and easy to use website.
And they should… they’ve created countless other versions of this scheme to get it right.
They don’t pay the crazy amounts RainMoney “claims” to pay, but they actually pay.
What I Don't Like
Where Do You Go From Here?
Some scams work by selling you something of little value. They get you excited about something life changing, and then rip the rug out from under you the moment you pay.
Those kinds of scams hurt.
But what Rain Money does is arguably much worse. As you do tasks everyday, bring in new referrals, submit your links on social media and so on… it appears as if you’re making money.
Your account balance is growing on your RainMoney dashboard and it’s incredible!
You can literally feel your financial burdens being lifted off your shoulders.
At first it might be a few small bills you can pay off, then some bigger ones. If you get up in the hundreds of dollars and even the thousands of dollars, RainMoney is life changing.
You might imagine a new car or a long overdue vacation. Or you may even see the education you’ve always wanted finally within reach.
But it never comes and the let down is hard.
It’s unbelievably cruel what they do to people, and if you’ve spent the last couple weeks (or even months) working for RainMoney, I’m so very sorry.
As I mentioned before… I know the feeling because I’ve gone through it too. Not specifically with RainMoney, but similar scams.
They won’t make you rich of course, but if you’ve never made money online before, they can be a good stepping stone to something bigger like an online business.
If you’re a student looking for some extra money, if you’re an at-home parent, or unable to work because of a health issue, a real way to generate income online is what you want.
With all the scams and schemes out there though, knowing how and where to get started properly is what you need in order to get what you want.
I hope my RainMoney review has been helpful and if you have any comments, questions, or experience with RainMoney, please share in the comments section below.