Money SMS Review 2024 [€0.02 Per Test: Worth It or Not?]

Updated On: 07/17/2023
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Have you ever stumbled upon a unique way of making money and wondered, "Is this legit?"

Today, I'll get into something that recently piqued my interest - Money SMS. It's an application that claims to reward you just for receiving text messages.

Is it really as good as it claims to be? Or is it just another mirage in the desert of online earning?

Grab a cup of joe, get comfortable and join me as I unravel the mystery in this comprehensive Money SMS review. Here's hoping this dive gives us the pearl of wisdom we've been searching for!

As someone always looking for new ways to make some extra bucks, Money SMS caught my attention.

How does turning your phone into a passive income-generating device sound? Too good to be true? Well, that’s what I initially thought too.

Let's boldly explore where most people are hesitant, and unfold each layer concerning its legitimacy, how it works, its advantages and possibly things that might ask us to take a step back. Buckle up folks; we're going in!

What Is Money SMS?

What Is Money SMS?

First and foremost, let's answer the question, What is Money SMS?. Money SMS is an innovative mobile application that allows users to earn money just by receiving SMS messages on their Android devices. Sounds easy, right?

The primary function of this app is to allow third parties (usually telecom companies) to send test messages, monitoring network routes & operators for their services.

The end users or the beneficiaries of this service are people like you and I who get these test messages and earn extra cash!

Housed under the flag of a European company called 'MobiBurn', Money SMS has been available around the web since 2017.

The best part? It's free to use! All you need is an Android device with a functional SIM card and an internet connection.

So basically, it aims at converting your extra screen time into few extra dollars but remember, folks, there's no such thing as free lunch.

How Does Money SMS Work?

How Does Money SMS Work?

All right, let's dive straight into the belly of the beast and understand how Money SMS works.

It's a simple process, really, involving just three key steps - downloading the app, registering and launching it, and then connecting to the Internet. Let me explain each step in more detail.

Download the App

First things first, you'll need to download the Money SMS app to your Android device. At present, Money SMS isn't available for iOS so Apple users may miss out on this one.

Take note that it is essential to download the app from a genuine source; their official website or Google PlayStore are your safest bets to steer clear from any potential threats or viruses.

By installing it from a reliable source, you also ensure you're getting an up-to-date version of the application.

Register and Launch

Once installed successfully on your device, open up Money SMS. You’ll see their interface is simple and user-friendly – meaning that even if you’re not technically savvy, anyone can navigate through it!

  • Now comes a crucial part: registration. Click on 'Sign up', fill in your details— email address (Double-check that you've entered this detail correctly- You wouldn't want your earning notifications landing in someone else’s inbox! ), password (pick strong password -remember security is significant!) Then agree with their terms of service and hit ‘Next.’
  • A point-to-note here: Your phone number will be automatically detected by their system so ensure the SIM associated with your preferred phone number is inserted into your handset for a smooth registration process.

Following registration, they'll send a verification code via email (Check spam folder too if not found in inbox). Enter this when prompted and voila! Your registration process with Money SMS is complete!

Here comes an exciting part – They’ve got a surprise for new users! After successful sign-up, Money SMS credits 0.25 EUR as a sign-up bonus straight into users' accounts.

Connect to The Internet

Now that we're registered and sorted with our first money-making gig – there’s just one more step remaining: Internet connection.

Money SMS needs constant internet access to function properly as it requires data access to send test messages to its users amongst other operations like updating account balance post-receipt of test messages etc., So make sure your handset stays connected over Wi-Fi or offering it mobile data service.

In addition to this tip make sure that settings are adjusted such that the app isn't accidentally put onto sleep mode by any plug-in saving modes (like battery saver mode etc.)

So there we have it folks – after successfully registering yourself with Money SMS all set up & decked-out with constant internet service running smoothly.

With Money SMS, earning some extra pocket change is quite simple, and it all starts with keeping the app running in the background.

Keep the App Running

To start with, once you've downloaded and installed the app, be sure to keep it running in the background as much as possible.

You don't need to interact with it or perform any particular tasks - leave it alone to do its thing.

If you close the app completely or shut down your phone frequently, you won't receive texts and subsequently won't make money.

Also, remember that an active internet connection is essential for Money SMS to function effectively.

Using resources of your device smartly can also fuel your earning potential here. By setting up things like 'Battery Optimization' or 'Data Usage Controls', one can save more battery life and data respectively while having apps run smoothly in the background.

It really doesn't require a lot of energy from your end; just a few taps here and there on your Android device.

Receive Test SMS

Next up is receiving test SMS messages. The way this works is that third-party companies send test messages through Money SMS's system to verify whether their own SMS services are working properly or not.

You may be wondering if these texts are intrusive or tampering with privacy. Have no fear! These messages are entirely unrelated to personal data and don't contain any sensitive information whatsoever.

They're simply ambiguous alphanumeric codes serving their purpose for application testing; randomly generated figures quite akin to CAPTCHA codes online services use while signing up.

And the best part? You don’t even need to open these nonsensical texts. No action is required from your side at all - apart from ensuring that they land safely into your inbox without being impeded by a full message box on rare occasions!

Get Paid

The final part of this trifecta is getting paid! Each test text received grants you €0.02. I know what you're thinking - "That's so minuscule!" Remember though; this process requires nothing but mobile compatibility and a good internet connection from you- no participation whatsoever!

Payments accumulate over time, and once they reach €2—which translates roughly to around 100 text messages—you can cash out through PayPal, Bitcoin or WebMoney based on individual preference.

Earnings might seem low initially but think about it this way: While not exactly a gold mine, considering zero active involvement it does bring in some passive income into our wallets.

Why Is My Android Device Not Installing The Money SMS APK?

Why Is My Android Device Not Installing The Money SMS APK?

One issue that people may encounter when trying to download and install the Money SMS application is that their Android device won't allow it.

Most often, this happens because the application is downloaded from a third party which raises security concerns and prompts the device to block the installation.

Despite this hurdle, rest assured that there are easy steps to follow which would let you carry on with the installation process smoothly.

Open Your Phone’s Settings

First things first - you'll need to adjust some settings on your phone. Start by pulling up your settings menu.

This can typically be found in your apps list or by swiping down from the top of the screen and tapping on the gear icon.

Go to Security Settings

Once you're in Settings, scroll down until you find a section labeled "Security". This is where you can manage all manner of security-related things on your device, like passwords, device administrators, and more.

When opening Security settings, look for an option that says "Unknown sources." The exact wording might vary slightly depending on your phone's manufacturer but it will likely be something along these lines: "Allow installation of apps from sources other than the Play Store."

By default, Android devices are set to only allow app installations from secure and vetted platforms - such as Google Play Store.

This is designed to protect users from potentially harmful apps that could pose threats to privacy and security.

But in cases like this - where we know that Money SMS is legitimate - we just have to give our phone a little nudge to get it agreeable with our intentions.

Toggle this setting on so that we can carry forward with installing Money SMS. A prompt may appear warning us about potential risks associated with unknown sources – remember this is simply an overcautious protocol by Android!

After reassuring our device all’s safe and taking these steps, downloading Money SMS should proceed without further interruptions.

Go to Unknown Sources

To get started, go to your phone’s settings. These can be found either directly on your home screen or inside the app drawer, depending on your phone’s layout.

Scroll down till you find the option 'Security'. Tap on it and you'll be redirected to another list of options.

Within this list, you're looking for a little setting labeled 'Unknown Sources', which relates exclusively to the installation of apps obtained outside of the Google Play Store (like APKs).

The name itself might sound ominous but don't worry; as long as you trust the source of the APK file (like Money SMS), it's generally safe.

Update the Settings

Once you've located the 'Unknown Sources' option, you'll see that by default, it is usually set off or disabled.

This is a security measure put in place mainly because apps outside Play Store might not have been vetted and could potentially harm your device or steal data.

Turn on this option by toggling the switch or touching on it (Android models differ). You'll most likely receive a prompt warning you about potential risks; tap OK or Accept.

Your device now allows installations from unknown sources.

Install the APK

Post updating settings, go back to where your Money SMS APK is saved (usually in downloads) and tap on it.

The app should now install without any problems. If a window pops up confirming installation permissions, press "Install" and voilà! The Money SMS app is now ready for use!

Remember not all apps from unknown sources are safe - always check their authenticity before installing such apps.

As an added precaution, repeat steps but switch off permission for 'Unknown Sources' once done with installation; this keeps your phone safe from unwanted surprises.

How Much Can You Make From Money SMS?

How Much Can You Make From Money SMS?

The main draw of Money SMS app is that it essentially pays you for doing next to nothing. But how much, you wonder, can you really make from this platform? Broadly, the monetary benefits can be split into four categories.

€0.02 for Each Test, Cash-Out When You Hit 2 EUR

On Money SMS, each test message that hits your inbox brings along with it an earning of €0.02. Consider this - once installed and setup, the app runs in the background with minimal interference to your daily usage.

Over time, these little sums can add up really quick. And as soon as your earnings reach the threshold limit of 2 Euro, you have the freedom to cash-out.

The convenience of a low withdrawal point is definitely a cherry on top.

Referral Program – Refer to Your Friends and Family and Earn 30% From Their Earnings

A fantastic feature that sets Money SMS apart is their referral program. By sharing your referral code with friends and family members who then install the app using that code, you gain 30% of their earnings!

This can unlock a significant boost to your own gains without additional effort from your end. Just spread the word about Money SMS and invite potential users - friends or family into this venture and watch your earnings grow.

Automatic - Make Money with The App Passively

The beauty of Money SMS lies in its passive income generation mode. Once you've finished setting up the app on your Android device (the app is not available on iOS presently), it starts earning for you automatically, without requiring any active input from you.

As long as your device stays connected to an internet source and maintains regular receipt of test messages (which are sent by Money SMS), you keep making money effortlessly.

Sign Up Bonus - $0.25 For Sign Up

Let's not overlook one very satisfying perk here –signing up! Almost like a welcome gift at a party, upon signing-up on Money SMS using a referral code from another user, you get rewarded with $0.25 instantly added to your balance!

This might seem like pocket change at first glance but believe me; it is still exciting when one considers how little effort goes into obtaining it! Get aboard guys!

In essence, Money SMS sets up an interesting stage where just by allowing test messages onto our phones we stand to earn money - be it through passive mode or through referrals without lifting more than a finger! Is there any easier way around making those extra bucks at literally no additional cost? To me, it certainly does sound enticing!

How To Redeem Cash With Money SMS

How To Redeem Cash With Money SMS

Once you've accumulated the required minimum balance of 2 EUR, here are the steps to redeem your cash through Money SMS.

Open the App

Start by launching the Money SMS application on your device.

Navigate to the Payments section

Visit the Payments tab, prominently displayed on the homepage.

Choose Your Preferred Mode of Payment

Select your preferred payment mode. You have three options - Bitcoin, PayPal, or WebMoney.

Request Payment

Click on 'Request Payment'. This notifies the app of your intent to cash out your balance.

Usually, within a few days, your payment request is processed, and you will see it reflected in your selected account.

Is Money SMS Legit?

Is Money SMS Legit?

Yes, it is. However, you may be asking why I'm claiming so. Let's dive right into why this platform has earned my trust.

To begin with, Money SMS is compatible with Android devices, which happen to be among the most popular and widely used globally. If you're an Android user, you're in luck!

Moreover, Money SMS enables you to earn money effortlessly online. Once you install the app and keep it running, sit back and watch your account balance increase.

What's even better is that this app respects your privacy. Now, I can hear your silent whispers of worry about potential intrusion into your personal messages or data. Rest easy; Money SMS only reads their test messages. Your private correspondence remains absolutely private.

Who doesn't like free stuff? Well guess what? This app also happens to be free of charge! That’s right! No hidden charges lurking behind the promises.

Now that wraps up why I believe Money SMS is legit. So go on and give it a spin—apparently there’s money in those incoming texts after all.

Pros and Cons of Money SMS

Pros and Cons of Money SMS

When diving deeper into the intricacies of Money SMS, its strengths and weaknesses become apparent.

Understanding both sides can help you make an informed decision on whether or not to use this application.

PROS
  • Easy Setup
  • Secure
  • Low Cash-Out Limit
CONS
  • Not Available On iOS
  • Earning Potential Is Very Low

Keep in mind that with Money SMS or similar apps, the key is understanding what you're getting into and ensuring that it aligns with your financial goals.

How Worthful Is Money SMS in 2023?

How Worthful Is Money SMS in 2023?

As we gaze into the crystal ball to predict Money SMS's worth in 2023, the forecast isn't looking too bright.

I firmly believe that technology and opportunities will advance further, leaving applications like these far behind on the earning scale.

Digging deeper, Money SMS pays around €0.02 per test message which indeed seems like small change compared to other available opportunities.

Time is money, and quite honestly, spending it endlessly waiting for test messages does not seem like a profitable investment.

Let's not disregard Money SMS completely. There's a place and time for everything. If you're finding amusement in this application or simply using it for the thrill of making some cents without lifting a finger, then by all means go ahead and have fun!

In 2023 or beyond, while it may fail as a true moneymaker, it could still provide innocent fun when used safely. But remember - earn responsibly.

My Final Verdict On Money SMS Review

My Final Verdict On Money SMS

As someone who is curious and continually seeking out potential side hustles, I quite enjoy delving into unique ways of generating income like Money SMS.

However, if you're counting on this app to be a primary source of passive income, let me stop you right there.

While the concept of earning from simply receiving text messages might seem enticing, it's important to consider the numbers.

On average, Money SMS will pay around €0.02 per received test message - an amount which is seriously lacking when it comes to looking for a reliable stream of extra income.

What then would I suggest? Well, as an experienced side hustler, full-time blogger and YouTuber, there are better options I'd point you toward.

UberEats, Instacart, and DoorDash, are excellent gig apps - bear in mind that these may entail more effort and possibly some costs on your end.

Sites Like Money SMS

Sites Like Money SMS

Just as variety is the spice of life, versatility is key in the world of earning a few extra bucks online. If you found Money SMS interesting, let me highlight some other remarkable platforms that would feed your curiosity just as well, if not more!

Swagbucks

Leaning on a more generic side, Swagbucks gives you SB (points) for shopping online, watching videos, searching the web and answering surveys.

These SBs can be redeemed for gift cards or cash back from PayPal. It's been around for a long time and they've paid out over $400 million to their users.

Survey Junkie

This platform rewards you for sharing your opinion and contributing to market research. Survey Junkie is a reliable site where each completed survey earns you points that can be converted into cash or gift cards. The more surveys you do, the more you earn!

Branded Surveys

As the name implies, Branded Surveys gives you the opportunity to take part in surveys from different companies. An incentive program is also available when daily polls are completed.

LifePoints

A merger of two great online survey sites - MySurvey and GlobalTestMarket, LifePoints offers a wide range of rewards for taking their surveys including Amazon gift cards and PayPal payments. Participate actively and your effort will never go to waste!

Rakuten

Formerly known as Ebates, Rakuten is considered a pioneer in affiliate marketing. You get cash back for shopping through their associated retailers.

In addition to this, there’s an option of earning via referral links too.

InboxDollars

From reading emails to playing games or shopping online, InboxDollars pays users for activities they’re likely already doing online.

They've been around since 2006 and have had over $50 million in payments issued to members since then.

Tada

Recently rebranded from ShopAtHome, Tada partners with thousands of merchants to offer up to 20% cash back on your online purchases alongside various daily deals and coupons.

MyPoints

Besides earning points for shopping at hundreds of stores through their site, MyPoints also allows users to earn points by watching videos, taking polls and printing out coupons.

Remember that no one size fits all. Find something that fits your lifestyle and fills a few dollars in your kitty without much hassle.

FAQs About Money SMS

What kind of SMS will I receive with Money SMS?

With Money SMS, you receive random test SMS messages. These texts do not carry any real information or personal impact.

Is MoneySMS available on IOS?

Unfortunately, no. Currently, MoneySMS is only available for Android users.

Does MoneySMS invade my privacy by reading my personal texts?

No, MoneySMS only reads the test SMS that they send to your phone; it does not read any other data or personal messages.

Can I earn more by referring others to MoneySMS?

Absolutely! MoneySMS offers a referral program where you can make 30% of the earnings from the friends that you refer.

How often are payments made through the Money SMS app?

Payments are typically processed within 48 hours after your request to cash out is made once you've reached the minimum required amount.

Conclusion

While Money SMS is a legitimate app that grants you the ability to earn some extra change just by receiving texts, it may not be the golden ticket to financial freedom. Its usability is seamless and you won't compromise your privacy for the money you receive.

However, the earning potential of this app may not make a significant difference in your income stream.

Therefore, I suggest looking at Money SMS as a fun and effortless way to make money on your own terms rather than viewing it as a serious side gig.

Coupling it with alternative options mentioned like Swagbucks, Survey Junkie or Rakuten will give you diversified streams of earning potential and increase your chances of supplementing your income after all!

Experimentation is key in this world of online earning, and I wholeheartedly implore you to scout out what works best for you.

Michael Restiano

I support product content strategy for Salt Money. Additionally, I’m helping develop content strategy and processes to deliver quality work for our readers.

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