We all face financial downturns at one point or another in life. Unfortunately, when life takes us down to that point, we often max out our brains to find a good solution, an alternative source of passive income, or just some way to make extra money.
Enter online schemes. These seem so tempting due to the ease and over-promised rewards that many people fall prey to scam sites.
However, amidst all the fraud, there are some legitimate schemes, too.
One such scheme gaining popularity today is the 20cogs. So, is 20 Cogs legit or a scam? Find out here in this 20Cogs review!
20 Cogs is a UK-based site. It allows visitors to play various games and participate in market research surveys and competitions. It also has many other offers for its users. The participants are promised cashback for every win and every survey on the site.
20 Cogs, owners of Submission Technology Ltd, who’ve been in business since 2015. The company also owns Greasy Palm and OhMyDosh.
Now, 20 Cogs may help you make some extra money, but it’s definitely not the solution to all your financial troubles.
However, the good thing is they don’t make any false claims either.
To answer the question, 20 Cogs is a legit platform that offers a great way to make money from home; it’s not a scam!
We’ll discuss how in detail here.
As discussed above, the company has legitimate and real owners. Furthermore, it has been in business for six years now, so it has already established a name in the market. Now that’s one proof of its legitimacy.
The legibility is further confirmed by the fact that many other websites link to 20 Cog’s main landing page. That, too, shows that it is an authentic and established website.
Another interesting fact is that the site has a domain authority 32. That’s a very high metric that shows the website isn’t going to run away with the money or fraudulently disappear any time soon.
20 Cogs tops the charts when we talk about customer reviews. You’ll find several great 20Cogs reviews on Trustpilot, citing positives for the site and vouching for it being legit.
20 Cogs is a free site for making money online. You just need to register and log in. Here are a few pointers that’ll help you understand how it works better:
Now let’s see how to sign up for 20cogs, step by step:
You must simply type your username and password to enter the site. New users must register first to get a username and password.
The next step is to answer some basic questions that give 20 Cogs some of your personal information to do a little user profiling.
For example, by asking for basic demographics like age, sex, and the types of games/offers you are interested in, the site can send you more personalized offers, competitions, etc.
Plus, there’s a bonus for filling out the details correctly; you get your very first £5 just upon signing up!
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The website has a lot of games, surveys, and competitions – the cogs – for its users. But that’s not all; there are many other fun ways planned out to make it easy to earn some extra cash. Take a look at the following categories:
So, you must finish one cog and go on to the next one. As soon as you complete the task, your cog will have turned green. So you will have to go on completing offers until all the cogs turn green.
The fun part is that the site’s name, ‘20 Cogs‘, has a literal meaning. Each letter of ‘cogs’ stands for all the services the website provides:
Now, the term ‘cog’ here means either of these tasks or offers.
Although it doesn’t seem an essential detail, knowing who’s behind the website is important to gauge its authenticity.
Plus, since it concerns money, it’s important to know who funds the company. It is natural to leave out that detail, but it’s also important to know the financial viability of the funding.
Since so many users will be making money on the site, the financier has to have sufficient balance. We need to see how it works to understand the companies behind it and those who fund 20 Cogs.
Now 20 Cogs is working on the principle of:
Lead generation means getting information from potential customers or actual and potential customers for future sales. Companies pay 20 Cogs a certain fee for each lead.
The best thing about this company is that it is transparent in its operations and terms. Everything is stated, and there aren’t any annoying hidden facts or charges, which most similar sites have.
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Now that we’ve established that 20 Cogs is indeed an authentic place to make money in your spare time, let’s dive a bit deeper and see how much money it can make. Is 20 Cogs worth the time?
Once you complete all the 20′ cogs,’ you can make anywhere from £100 to £700. The average user makes between £100 to £200. However, that is the gross earning.
Let’s be clear here: the ‘net’ earnings will be less than that.
For £100, you may expect to pocket approximately £60, but this varies with each offer.
The first barrier is that the website requires you to complete all 20 Cogs to get any money in your bank account, which is a slow process in itself. However, once you complete the Cogs, they turn green, and once all the Cogs turn green, you can request payment.
If so, you won’t get the money in your bank account. Plus, it will take some time, unfortunately. But again, that’s like most other survey sites where you can make money; the payout isn’t fast; it’s deferred for the company’s interest.
Payment is made through a PayPal account and BACS; there is no direct deposit right now, so it won’t ask for your bank details.
Many people get distracted – or fed up – and forfeit their income without completing all the cogs. That way, you lose money, and one man’s loss is 20 Cog’s gain in this case. Another way the website makes its own money is by eating up the leftover income.
So, if you are looking for quick cash, 20 Cogs won’t help you there.
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Now, some of the cogs or tasks are actually funded by the gambling sites on 20 Cogs. They may be casino sites or lotto syndicates, and they will ask the user to pay before the beginning of the game.
So you must first read all their terms and conditions and then spend wisely, taking the same precautions as you would at any casino.
So no, it’s not completely a survey site nor a gambling site; but it does have both kinds of companies behind. It generates leads for all of them, offering users a variety of games and tasks to play and make easy money.
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Now, apart from the surveys and competitions, there are other ways to make more money. You can make some extra cash by:
If you have friends or family members who want to spend time online to make money, you can refer them to the site. That would be an additional way to earn money.
When you refer friends and family, you get 5% of their earnings and £20 every time they withdraw the cash. So this is another channel you can use viably, especially if you have a great following on Instagram or Twitter: the more sign-ups, the merrier your PayPal account.
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Now, let’s check out some pros and cons of 20 Cogs.
The biggest advantage 20 Cogs has to their name is that they actually pay up, and users have spoken greatly about it. let’s take a look at some major pros of 20 Cogs:
There are thousands of good reviews for the site. That’s a great plus. But, again, part of it is due to their excellent customer support. You’ll hardly find any negative reviews on 20 Cogs.
Happy customers are the best advocates for the business, and in turn, they bring in more customers.
For a survey site, this is the biggest payoff! You get the money. Since most web pages are scams, this alone is enough to make anyone sign up and register for the offers.
The website is easy to use, and there are a lot of fun activities you can do in your free time.
Thankfully, the site has very good support. An active team responds to queries, issues and reverts quite actively on the other support sites as well. That shows their keen interest in building their customers and providing all-around support.
That way, the users, too, can benefit from their experience and get instant help wherever needed.
Unlike other money-making sites, no extra cost, extra cash, or other fees are required when you sign up. So there’s no way you could lose money here – except for casino offers – proving it’s a legit site.
You’ll hardly find any negative comments or reviews on 20 Cogs. However, we’ll make it a nonbiased review, and so here are a few downsides it has:
You can’t make a hefty or decent money on this site. Yes, it’s not fair for the amount of time spent online plus the waiting time, but that’s how it is.
Remember, 20 Cogs never over-promised anyone. They have made how it works and how much you make very clear.
So that’s not a scam in any way, but yes, it takes a lot of time and can get frustrating.
Remember the referrals we discussed for making some easy extra money? Well, some customers have cited that they did not get the reward money as promised upon referring friends.
It’s not a job that’ll give you a full-time income. Taking surveys or playing games is a great pastime. But it’s certainly not a full-time job or work.
So, the point is to keep expectations where they should be. Don’t overexpect, and don’t spend too much time hoping to build an empire with the money.
It takes a long time to finish all the tasks and get paid. So it won’t be quick and easy. Payments are deferred, and there’s a threshold before reaching which you cannot withdraw a penny.
The initial information required for the surveys is often too much. Although it’s a one-time thing, customers often get frustrated when they aren’t taken straight to the task.
You receive a lot of spam emails and even spam phone calls. The best way to avoid these is to make a separate account for emails and use a second number for all such spam calls and messages.
Then there are a lot of ads you’d want to avoid. You can use pop-ups or ad blockers, but often, you’ll just have to deal with it.
It’s only accessible for UK residents, which is sad, as a vast majority are excluded. However, the company can take it further to cater to other countries and allow them to make money online.
A few of the website tasks may require a certain fee. But there are free trials and subscriptions, too, that you can opt for easily. But you need to check the terms meticulously and cancel subscriptions as soon as you’re done with the task to avoid overcharging.
Also, keep tabs on the trial period.
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So, from personal experience, 20 Cogs is a great place to score some additional side bucks. The earnings may not be huge, but they will help you pay off some smaller bills, buy the pair of heels you’ve been eyeing for some time, or simply save money for rainy days.
However, as far as the question of whether it’s legit or a scam goes, it’s definitely a great legitimate site to earn money and pay actual cash to its users. We hope this 20Cogs review helped you understand the scheme and how to make money with 20Cogs.
Last updated: August 8, 2024
