My Cash Freebies is a website which claims to give anyone the ability to win free prizes and earn cash payments through PayPal just by completing easy, basic offers from their partner companies.
According to their website, My Cash Freebies works in four steps. You sign up for a free account, complete the offers available on the site to earn credits, refer your friends and family members to join as well, and then claim your prizes.
MyCashFreebies.com says they are owned by the same parent company which also owns Paradise Freebies and Free Treasure Chest. The company was established in 2009 and says they are a “trusted and valued entity” in the freebie industry.
How Does It Work?
The “freebie industry” is a type of online earnings system where websites partner with other companies to promote the free trials and special offers of their goods and services. Many websites do this; this website actually has a variety of different versions, Like Double My Cash Freebies and Express My Cash Freebies, which are promoted through affiliate sites like Instant Payday Network.
On these sites, users can find a large number of these offers on one site to complete, and once you have completed a certain number of offers you can claim a prize or receive cash.
With My Cash Freebies, you have offers from over 40 different partner sites that you can complete across 3 networks. Every offer is given a value, starting at .05 and going up. You need to complete at least one full credit, sometimes more, to claim your prizes.
Is It Legit?
Though the system of completing offers in exchange for prizes is technically legit, or at least legal, many people feel that this method of making money is actually a scam. My Cash Freebies attempts to address this skepticism by providing a “Proof Gallery” to show that their members do receive prizes.
However, the issue many people have is not with whether or not members are actually receiving prizes. Instead, it is with the nature of how you receive the prizes: completing offers.
Completing these offers often requires your credit card number, as well as your personal contact information, and if you are not extremely careful about how you proceed with these offers, you will often end up with multiple credit card charges and an overwhelming amount of contact from marketers and salespeople.
If you are still interested in participating, it is important to pay close attention to the individual terms of every offer you are completing, in order to protect your investment and privacy.