Earning money online can be so beneficial to your long term goals. I have talked a lot about our plans for early retirement and building enough income so that we don’t have to work any more. Lots of this will (hopefully) come through earning money online.
There are so many ways you can earn money online now – it’s almost endless! But the one I am going to talk to you about today is 20Cogs. With the average payout over £200, this is definitely one to look at!
What is 20Cogs?
So, 20Cogs is a website which gives you lots of opportunities to earn some money on the side. You complete offers which can be entering competitions, signing up for the various offers on the website, testing online games and completing surveys. Lots of different choices, depending on what you like!
The reason it is called 20Cogs is that you have to complete 20 offers (cogs) in order to be able to cash out.
How do I complete the offers?
So, once you’ve signed up you will see the first offer (cog) available to you. You do need to make sure you read the information carefully to ensure that you are able to complete the offer. Completing the first offer will earn the amount it shows at the bottom. If, for whatever reason, you don’t want to complete this one, you can click to get an alternative option.
Once you have completed the first one (yay!) then that number cog will turn to amber. This means that this is pending approval. Once the advertiser approves this, it will turn to green. This can take a while – up to 30 days in some cases, but it can also be quite quick.
To ensure payout, you need to complete 20 offers and have them all turn to green. Then your claim button will appear and you can cash out!
Refer your friends!
You can also earn extra from referring friends and family to use 20Cogs as well. When you sign up, you can get a referral link which you can then share amongst your friends and family.
If you refer someone, then you will earn 5% of whatever they make, forever! And you get a £20 bonus when they complete the 20Cogs 🙂
Does this seem too good to be true?
It seems like it is almost too easy to make money with this website. But, 20Cogs have now paid out over £1.6million to their users, and counting! So, definitely not too good to be true.
Finally, get a £10 welcome bonus!
If you sign up to 20Cogs using my special link, then you will get a £10 welcome bonus! This will be paid out once you’ve completed the 20Cogs. But, another little extra money to start you off!
I’ve signed up as I like survey sites etc, shame that most of the cogs I have come across so far seem to require a paid sign-up for something (eg 99p to sign up to readly, £1 to sign up to Which). Would have been helpful to know this before as I wouldn’t have signed up if I’d known.
I made £129 completing 20 Cogs. Less than the average because I had previously completed some of the higher paying offers available on some of the COGS.
Took around 10 hours in total, spread over a few weeks. So not a bad earn rate.
Great start with the £10 bonus offer you have.
I loved 20 Cogs, Made a good amount of cash from it and a lot quicker than I was expecting. Also, I love the fact that COGS is Competitions, Offers, Gaming, and surveys. Clever. Great little post and a great site to earn some quick cash.