$0.10, $0.18 payouts -- REALLY?!
By Edward
@trinale (1479)
United States
May 27, 2012 12:43am CST
I had really never paid attention to "proofs of payout" postings because I know how easily these things can be made up but this evening I was in a forum and notice people posting proof where they cashed out $0.10, $0.13 or $0.87. I mean really, do people actually cash out such low amounts? Why?
Regards,
Stan
1 person likes this
12 responses
@DoctorDidi (7018)
• India
27 May 12
I think people want to cash out as early as possible because, even if the earning is too low, in any case, the site goes scam, they will have to lose less compared to that in high minimum payout and you know any site can go scam at any moment and so people do not want to take any risk.
@LouieWpHs04 (4554)
• United States
28 May 12
The only reason I would cash out early in a website is to confirm it's legitimacy in the first place. After which I like to accumulate my money and cash out when I have a bit more money in the account.
The only other reason I would cash out early on is if I felt that the stability of the website wasn't going to last long and the website would either go broke, or just end up going scammy and refusing to pay it's members.
I have had so called, "legitimate" websites convert money I actually earned as cash into, "POINTS" to buy stuff through their website. WHY would I do that? It's my cash, such an act is in my opinion illegal. It's like you work at a job, then they say. "Oh, well. We're a little short on cash this month. Would you like if we bought you a happy mean at Mcdonalds?"
@trinale (1479)
• United States
29 May 12
I can understand the rationale of withdrawing early and low to get what you earn before a site folds but I think, no big deal as long as you haven't invested anything. All you lose is time spent. I know that's a lot for some folks who spend a lot time on those sites.
Cheers,
Stan
@LouieWpHs04 (4554)
• United States
29 May 12
I generally don't care if it's under $5.00 to cashout in a hurry. Now once I start getting $5.00-$15.00 etc. etc. in my payout queue I would want to withdraw as quickly as possible as that adds up. It is a bit beyond me why after getting paid initially the $0.15 that they would continue to do so though. They're actually not making very money after paypal and other associated fees by doing so.
@LouieWpHs04 (4554)
• United States
28 May 12
Not that it matters. I am slowly working myself into higher paying markets. Going from that measly $0.10 to generally at the minimum about $5.00 to $15.00+ per order I deliver to a variety of clients. Soon I will be moving to an even higher market selling services for over $30+ per order. This being the case, making $0.05 or $0.10 here and there seems kind of like a waste of time to me. The only benefit I see in websites that pay that low are perhaps building a proper downline.
I like Mylot not for the cash, but for the chatting I can do on it and just enjoy it and every now and then get some extra cash to spend on a variety of ventures i am working on.
@marguicha (215504)
• Chile
27 May 12
I cash out sometimes such low amount just to check out if what the site says is true, There are many scam sites. With new ones, I cashout ASAP just in case. I want to know if they pay, how long it takes for the money to reach my pockets and if there are cashout fees. With old and legit sites, I don´t much care about cashing out my money until I need it.
@marguicha (215504)
• Chile
28 May 12
All sites are different. There are some legit sites that pay in seconds, as soon as you ask for your money. Others will pay in a few days or a couple of weeks to standard members, according to their TOS. Usually sites that have so low cashouts pay immediatly the first time, but the second time cshout is higher.
@earningmember (914)
• Canada
28 May 12
As far as I gather, people tend to test those programs especially new ones. I also nver pay attention to "proof of payment" screenshot as most of them are fake. That's all is to it!
@tkonlinevn (6380)
• Vietnam
28 May 12
You mean that you saw them at Mylot? The're "proofs of payout" for Searching at Mylot. I used to received much before, but now, I have not had them for a long time. Maybe because I didn't use Mylot Searching much :)
@suraj7nov (1736)
• India
27 May 12
yes i post it too and seriously if you share proofs even it is small there is a good chance of getting refferals
@suraj7nov (1736)
• India
27 May 12
thats why i posted link of that sites only which are legit and paying over a period of time
@Lauraleigh99 (4718)
• United States
7 Jun 12
I try and wait until I have at least 5 or 10 dollars before I cash out on sites. But I am sure people want to make sure they are paying before they continue with the site so they are not wasting their time
@MsTickle (25180)
• Australia
2 Jun 12
Who knows mate, to me, cashing out such amounts seems petty and childish and a waste of time...I mean, what's the point?
@goodbuys4you (207)
• United States
27 May 12
The lowest cash out I've ever done is $2, but of course usually it is $5 or $10. I don't see the point in cashing out amounts less than $1 even if is available.
@maezee (41997)
• United States
27 May 12
I agree with you 100%. I have always been curious why people would want a 10 cents cash out. I would much rather wait until it accumulates something actually spendable. I mean, I could easily find 10 cents sitting in the bottom of my purse, you know? I prefer things to build up. Even my MyLot earnings - I allow to sit in my PayPal account until they accumulate to something half-decent.
