The CashMagnet app no longer works
The CashMagnet app doesn’t work anymore. If you search for it on Google Play, an app with the same name appears, but it is not the app in this review. You cannot earn with CashMagnet now. I keep my review below as a record. The apps I would pick instead are further down.
CashMagnet was an Android app that paid you to let it run in the background while your phone was idle. The app no longer works. I tested it myself before that. Below is what I found, and which apps I would pick instead.
Tested by Mikael (EarnWithMike)Founder and lead testerMikael founded PaidFromSurveys in 2016 and has personally tested hundreds of survey and GPT sites since then. He shows his tests and payment proof to 555K+ subscribers on his YouTube channel, EarnWithMike. He tested CashMagnet himself and does not earn a commission from it.Learn more about Mikael
The CashMagnet app no longer works
The CashMagnet app no longer works, so you can no longer earn with it. When it was running, it paid very little and used up a lot of your phone’s resources.
On this page
The short answer
The CashMagnet app no longer works. The app with the same name on Google Play is not the one in this review. You can no longer earn with CashMagnet.
When it was running, you could earn by letting it run in the background. But the earnings were very low, it used up a lot of your phone’s resources, and it installed games on your phone. I would never have let my phone do this, because the low earnings would hardly cover the electricity and the wear and tear.
- An easy way to earn
- Paid through PayPal
- Available globally
- The CashMagnet app no longer works
- Only for Android users
- Low rewards, especially in the beginning
- Used up a lot of your phone’s resources
- You had to install the app manually
- Poor support
My experience with CashMagnet
I installed CashMagnet, signed up and let it run in passive mode before the app stopped working. This is what I did myself, and what I did not test.
- First tested
- November 2020Review first published Nov 18, 2020
- Status
- No longer worksThe app on Google Play with the same name is a different app
- Device
- Android onlyInstalled from an APK file on the CashMagnet website
- Support
- No replyI sent a question through the chat form and did not get an answer
- Downloading the APK and signing up
- Running the app in passive mode
- The levels and installing games to extend passive mode
- The referral program screen
- The rewards screen
- Sending a question through the chat form
- A payout I can show. My review does not show a cashout from CashMagnet.
- Running it 24/7 on a rooted phone, which is what the best earners did.
My CashMagnet test on video
I made a video that explains exactly how you could earn from CashMagnet when it was running.
Screenshots from my account
CashMagnet no longer works. The top sites in your country are still open, and they pay a lot better.
See the best alternativesCashMagnet at a glance
| What it was | A Get-Paid-To (GPT) app that paid you to let it run in the background while your phone was idle |
|---|---|
| Status | The app no longer works |
| Ways to earn | Passive mode, installing games from level 3, and a two-tier referral program |
| Point value | 1,000 points = $1 |
| Minimum cashout | 1,000 points ($1) for an Amazon gift card · 5,500 points for a $5 PayPal payout |
| Earnings | Its best users earned around $15 a month, according to its FAQ section |
| App | Android only. Not on Google Play: you downloaded the APK file from its website. |
| Devices | Up to 4 devices at the same time per IP address, and no more than 4 unique devices per day |
| Where you could join | Globally |
| Minimum age | Not stated. You had to be 18 to get paid via PayPal. |
| Support | A FAQ page and a chat button that worked like a contact form |
Was CashMagnet legit and safe?
The CashMagnet app no longer works, so you can no longer earn with it. When it was running, you could earn with it, but these were the catches.
- The app no longer works
The CashMagnet app doesn’t work anymore. The app with the same name on Google Play is a different app.
- It used up your phone
The app browsed websites and installed games in the background. It needed enough storage and battery, and it made your phone sluggish while it ran. The best way to use it was a phone dedicated to CashMagnet.
- Very low earnings
Its best users earned around $15 a month, and only if they ran it 24/7 on a rooted phone in a tier 1 country. The low earnings would hardly cover the electricity and the wear and tear of your phone.
- A misleading earning claim
The website claimed you could earn enough for a new phone in just 2 months. With around $15 a month at best, that was not possible.
- Poor support
The chat button looked like live chat, but it was just a contact form. I sent a question to test it and did not get an answer.
My takeCashMagnet no longer works, so it is no longer an option. Even when it was running, I would never let my phone do this, because the low earnings could hardly cover the electricity costs and the wear and tear of the phone. See the alternatives below.
How you earned on CashMagnet
There were 2 ways to earn. Passive mode was the main one. Tap one to read more.
Passive modePoints every 5 minutes
You opened the app and tapped Start. The timer ran while your phone was idle, and you earned points every 5 minutes. In that time, the app browsed websites, viewed ads, clicked banners and installed games. CashMagnet earned money from sponsors for this and shared it with you.
How long passive mode could run depended on your level. You started at level 1, and you went up and earned extra points the longer you used it. The highest level let it run for 24 hours straight.
From level 3, you could also install games yourself to extend your passive mode time and earn extra points. You did not have to play them, and you could uninstall them once you had claimed the rewards.
Referral program5% on two tiers
You shared your invite link. When someone signed up through it, you received 5% of what they earned in the app.
The program had two tiers: you also earned 5% from the people your referrals invited. I liked that both tiers paid the same percentage.
Check Out the Best Passive Income Apps
How much could you make?
It depended on many things: your country, your Android version, how many games you installed, how long CashMagnet ran on your phone, and whether your phone was rooted. So there was no universal answer.
The website claimed you could earn enough for a new phone in just 2 months. But its own FAQ section said the best-performing users earned around $15 a month, and only when they ran the app 24/7 on a rooted phone in a tier 1 country (USA, Canada, UK, etc.). I do not think there is any country where you can get a new phone for $30.
You could run it on more than one device: up to 4 devices at the same time per IP address, and no more than 4 unique devices per day. Still, it took a lot of patience to earn a decent amount.
How CashMagnet paid
You earned points for everything you did in the app and exchanged them for rewards. 1,000 points were worth $1.
| Method | Minimum | Notes |
|---|---|---|
| Amazon gift card | 1,000 points ($1) | Gift card |
| PayPal | 5,500 points ($5) | The extra points covered the PayPal fees |
The reward system was fairly simple, and I liked the low payout threshold. For apps and sites that pay out quickly, see the fastest paying sites.
What 6 readers told me
This review has 12 comments since June 2021: 6 from readers and 6 replies from me. These are the things readers wrote about.
Readers asked how to download the app and start earning. It was not on Google Play: you downloaded it from the CashMagnet website. The app no longer works now.
One reader ran CashMagnet on an Android emulator on a computer instead of a phone.
One reader complained in May 2024 that CashMagnet had removed Amazon gift cards as a payout option.
“How can I download cash magnet”
Mikael: I explain that in the review above. But please make sure to read the full details above first, so you know what to expect.
“I have better idea im Using Android EMULATOR and its working perfectly fine 🙂”
Mikael: Thanks for sharing your experiences.
“Interested in making money on cash magnet.”
Mikael: I explain how it works in the review above.
CashMagnet alternatives I have tested
| Site | Best for | Min. cashout | My rating |
|---|---|---|---|
| Pawns | Shares your unused internet, plus surveys | $5 | 4.4 / 5 |
| Honeygain | Shares your unused internet | $20 PayPal | 3.7 / 5 |
| PacketStream | Shares your unused internet, paid through PayPal | $5 | 3.3 / 5 |
| EarnApp | Shares your unused internet, low PayPal minimum | $2.50 | 3.1 / 5 |
For more apps that earn in the background, see the best passive income apps. For the best options where you live, see the top survey and GPT sites in your country.
How I scored CashMagnet
I use the same 100-point system for every platform. See how I test and rate.
CashMagnet scored 30 out of 100 before it stopped working. To earn today, see these sites.
See the best alternativesCashMagnet FAQ
Does the CashMagnet app still work?
No. The CashMagnet app doesn’t work anymore, so you cannot earn with it now. The app with the same name on Google Play is not the app in this review.
Was CashMagnet legit?
You could earn with it by letting it run in the background. But the earnings were very low, and its claim that you could earn a new phone in 2 months was not realistic.
How did CashMagnet pay?
With Amazon gift cards from 1,000 points ($1), or through PayPal from 5,500 points for $5.
How much could you earn with CashMagnet?
Its own FAQ section said the best-performing users earned around $15 a month, running it 24/7 on a rooted phone in a tier 1 country.
Was CashMagnet available on iPhone?
No. It was only for Android, and you downloaded the APK file from its website.
What are good alternatives to CashMagnet?
See Pawns, Honeygain, PacketStream or EarnApp in the alternatives above, or the best passive income apps.
Who tested CashMagnet for this review
Founder of PaidFromSurveys.com since 2016. Mikael has tested hundreds of survey and GPT sites and shares his tests with 555K+ subscribers on YouTube (October 2026).
If you have any comments, questions, or experiences with CashMagnet, I would love to hear from you in a comment below.
Merci beaucoup
You are welcome.
Cashmagnet is a scam now they removed the amazon gift cards after i reported them to amazon for fraud because when they pay someone through amazon they are supposed to send the physical amazon gift card to the person they are paying so that the person can redeem the code themselves from the back of the gift card and not send the gift card code to them through email because that’s illegal and amazon can sue cashmagnet for violating there TOS and now cashmagnet is on the verge of removing paypal from there site as well because it doesn’t take them a whole month to pay out and now that i have called paypal and reported them they are going to be investigating them for fraud and end up getting there paypal account frozen and permanently banned .
Thanks for sharing your experiences and opinion.
Interested in making money on cash magnet.
I explain how it works in the review above.
How can I download cash magnet
I explain that in the review above. But please make sure to read the full details above first, so you know what to expect.
I have better idea im Using Android EMULATOR and its working perfectly fine 🙂 I think this can be on Bulgarian list for earning potencial )
Thanks for sharing your experiences.
Est-ce que vous pouvez m’envoyer le lien pour la télécharger ?et Mercie
Just go to their website and you can download it from there.