ATM.com App Review: We Only Earned $3.59 in Two Weeks

If atm com app review is on your radar, this short guide cuts through the noise. Here is what is worth knowing, and how to put it to work today.

Key Takeaways

• Share Some links on our website are sponsored, and we may earn money when you make a purchase or sign-up after clicking.
• Learn more about how we make money and read our review methodology.
• The ATM App’s website promises that users can earn “at least $10 in their first month” in exchange for interacting with brands.

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Some links on our website are sponsored, and we may earn money when you make a purchase or sign-up after clicking. Learn more about how we make money and read our review methodology.

The ATM App’s website promises that users can earn “at least $10 in their first month” in exchange for interacting with brands. We tested the app for two weeks but did not get paid anything, due to a combination of the app’s low pay rate and its very high minimum cash-out. Taking these two factors into account, it’s unlikely that we would have hit the $10 mark even with continued use.

This ATM App review goes over exactly how much you can expect to make and what’s required to successfully earn rewards. In addition, we evaluated a number of the company’s most optimistic marketing claims to see whether they stand up to scrutiny based on our experience with the app.

3/5

Pros:

• Simple, simple-to-use interface.
• Has the potential to change the way consumers get rewarded for their attention.
• The built-in investing platform makes it simple to increase your overall returns, allowing you to grow your earnings beyond what you're paid by the app.

Cons:

• Most of the earning opportunities require you to spend money.
• The first $20 you accumulate is permanently locked to your ATM account.
• The app's main feature , a passive income mechanism that lets users share in the company's earnings , is not yet available and there is no release date.

Visit ATM.com

Table of Contents

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• ATM App Basics
• Five Key Facts About ATM App
• Ways to Earn Money With ATM App
• Getting Paid
• Evaluating ATM App’s Marketing Claims
• ATM App: Final Verdict

ATM App Basics

ATM is a money-making mobile app developed by Michael Gleason (of MIT) and Walter Cruttenden (the current chairman of Acorns). It allows users to earn cash rewards by completing offers, which they can either redeem for cash or invest via the embedded investing platform. 

Confusingly, the “ATM” acronym doesn’t refer to an automatic teller machine, but rather “Ant Transaction Machine, Inc,” the name of the company that created the app.

“Ants” are the way the app refers to its users, and the motif shows up in everything from the main icon to the background images and references to “ant colony dividends.” 

As you can see in this screenshot of the app’s homepage, the company really leans into the ant colony theme.

ATM’s main focus is referring users to other companies. When you sign up, you’ll get messages to check out other products and services, and they’ll offer a cash reward in your ATM account to encourage your patronage. 

ATM says that when the platform grows to 1 million “ants” (users), that milestone will unlock a unique feature called colony dividends. This allows the app to aggregate depersonalized data about the community as a whole, monetize it, and share the profits among all users. 

Update: As of November 2023, the colony still does not have 1 million ants.

ATM clearly states that the company will never sell your personal info, and that “none of your data will ever be used without permission.” However, simply using the app gives them permission to use and monetize that data for advertisers, just in a “depersonalized” way. 

ATM App has the following functions: 

• Brand Matching. This is where you first hear about brands and earn a few cents for reading their brief “about” message. 
• Brand Messenger. Once you’ve been introduced to a brand, they’ll make you an offer (typically worth $1 to $20) to use their product or service. Showing interest in a brand (by taking up their offer) can lead to more interactions. 
• Add Data. By answering personal questions, you help the app identify which brands you might be interested in. In theory, the more questions you answer, the more opportunities you have to unlock a brand to match with. 
• Earn More. At the bottom of the app, you can view all possible brands and choose to interact with ones you haven’t matched with yet. This section also includes stand-alone coupons for popular retailers for new users/subscribers. 
• Grow. ATM has an embedded investment platform where you can either roll over your cash rewards into an investment or make deposits and invest your own money.
• Wallet. You can withdraw the rewards you’ve earned above $20 (see No. 3 in the list below). You can also use the digital wallet to view all the transactions you’ve made in and out of the app. 

Five Key Facts About ATM App

Here are the five most key things to know about using the ATM App before you sign up. 

1. You have to provide personal info. You are required to provide your name, email, birthday, gender, physical address, and actual phone number when signing up. VOIP numbers (like Google Voice) are not allowed.
2. ATM collects a lot of data. If you enable tracking, ATM will also collect your geolocation, cookies, and any information third parties already know about you. It uses this information to tailor its brand suggestions. 
3. There’s a minimum account balance. The first $20 you earn remains in your account at all times as a minimum balance. You can only cash out or invest whatever you earn above and beyond $20. 
4. Payments are issued on a delay. Because ATM needs to verify with the brands that you completed each offer, payments can be delayed for up to 20 days after completion. 
5. You must link ATM to a bank account. The only way to get paid on ATM is through an ACH direct deposit, so you need to link to your bank in order to cash-out. 

Ways to Earn Money With ATM App

If you’ve used other cash-back or rewards apps before, you might think ATM is just one more option in a crowded field. However, their model is slightly different from competitors like Swagbucks. 

The first way you can make money is through the “Brand Matching” feature. Here, you simply read a quick intro about a company and earn a few cents for your trouble. After you’re introduced to a brand, you get a “cash reward” offer from the company to try their product out.

Brand Matching offers (like the one shown above) are simple, but they don’t pay much.

Because ATM is a referral-based app, you frequently need to spend money to make money. When The Ways To Wealth’s team looked at all 68 different brand rewards offered to us, 78% required some amount of payment in order to receive the ATM cash reward. 

That means you could only earn rewards without making a purchase on the remaining 22% of offers. 

Here were the types of free offers we were shown during testing: 

• Connect your bank account to a budgeting app.
• Get a quote for new car, life, or other kind of insurance.
• Apply for a loan.
• Create brand new accounts on other survey or cash-back sites.
• Apply for a job.
• Rent out storage space via Neighbor.

Altogether, completing every free offer would

Final Thoughts

The bottom line: a little research on atm com app review goes a long way. Compare your options, watch for seasonal offers, and never pay full price when a better deal is one click away.

Originally published at thewaystowealth.com.