MoneyWalk App Review - Is it Legit? Can You Cash Out?

Welcome to my MoneyWalk review!

Can walking really pay off? Imagine an app that promises to do just that – convert your daily steps into tangible rewards.

Moneywalk is an Android app that claims to reward users for their physical activity.

This pedometer app counts each step by simply carrying on with your routine walks, promising 200 points for every 5,000 steps you take.

These points, in turn, can be exchanged for an array of enticing gift cards from popular brands like Visa, Uber, Amazon, and Costa, among others.

The premise isn’t new, though. Numerous applications attract users with similar incentives under the guise of health and wellness.

However, it is rare for pedometer apps to truly compensate their users. So, it’s essential to be cautious!

The last thing anyone wants is to invest time and risk personal data for nothing.

So, is Moneywalk a legitimate app, or is it another elaborate scheme to benefit the developers?

Let’s embark on this investigation together and uncover the truth!

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MoneyWalk Review

Name: MoneyWalk – reward app
Developer: Gravity Ltd
Eligibility: Worldwide – Android
Price: Free
Payout Threshold: £20
Overall Rating: 2 stars

What is MoneyWalk?

Moneywalk is a step tracker: a digital platform that counts each step you take throughout the day.

For every 5,000 steps logged, the app grants you 200 points.

These points become a currency within the app, which you can exchange for gift cards from various popular brands, including Visa, Uber, Amazon, and Costa.

This approach turns your everyday walks into a potentially rewarding activity, incentivizing fitness and movement through tangible rewards.

The app relies on advertisements to generate revenue.

As you engage with the app, they’re exposed to various ads, providing the revenue stream that funds the rewards.

Additionally, Moneywalk allows you to view detailed statistics about your steps and calories burned, providing valuable insights into your progress toward fitness goals.

Since its launch, Moneywalk has been installed over 100,000 times from the Play Store and achieved a user rating of 4.1 stars.

How Does MoneyWalk Work?

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MoneyWalk is accessible to users worldwide, and the best part is you don’t need to create an account to start using it.

This hassle-free approach lets you dive straight into the app’s features from the moment you download it.

Moreover, upon launching MoneyWalk for the first time, you’re immediately rewarded with a generous 5,000-step bonus.

The app employs a simple mechanism to accumulate points: for every 50 steps, you tap a shoe button to earn one health point.

You can accumulate and convert up to 5000 steps, which equates to 200 points daily.

How much are points worth?

If we delve into the rewards system, particularly in the UK, you need 51,820 points to redeem a £20 Visa gift card.

This translates to roughly £0.39 for every 1,000 points you earn.

However, earning points isn’t as straightforward as it sounds.

The app cleverly integrates frequent banner ads that pop up every 4 or 5 taps on the shoe button.

This interrupts your point-collecting process and risks inadvertently leading you to advertisers’ pages.

It’s a sneaky strategy for the app developers to monetize user interaction with the app.

Beyond tapping for points, MoneyWalk introduces several additional methods to boost your points balance:

Complete a 7-Day Streak: Log in and earn points for seven consecutive days to potentially win up to 10,000 points.
Start a Group Walk: This feature is ambiguous, but it involves creating a group and verifying your phone number to earn up to 700 more points daily.
Lucky Draw: Spend points to enter draws, offering the chance to win gift cards.
Money Scratch: Use 20 points to play a scratch card game, with the possibility of winning more points if the symbols match.

While these features diversify how you can earn points, the reward potential for each activity is very low.

How do You Cash Out?

Redeeming points for rewards is straightforward through the ‘Gift Shop’ section, where various gift cards await.

The threshold for redemption is set at £20, requiring 51,820 points to achieve.

The selection of gift cards includes popular retailers and services like ASDA, Tesco, Amazon, Visa, and Uber, among others.

User Reviews – What Are People Saying?

Based on more than 100 user reviews on the Play Store, MoneyWalk seems challenging and often disappointing for most.

Earning gift cards through MoneyWalk is possible, but this outcome is rare.

Moreover, the process of redeeming points takes an excessively long time.

Reaching over 51,000 points is time-consuming and challenging, with minimal financial gain.

Consequently, very few people have been able to redeem a gift card.

But it gets worse!

Users face technical problems like inaccurate step tracking or points not being accumulated properly.

The app is known for its bugs, causing frequent crashes and loading issues.

Then, there is Ad Overload! The app is heavily criticized for being inundated with adverts.

Pros and Cons

Pros

Accessibility: MoneyWalk is available worldwide and doesn’t require registration.
Immediate Rewards: New users are greeted with a 5,000-step bonus.
Simple Earning Mechanism: The app offers a straightforward way to earn points.
Variety of Rewards: You can exchange points for various gift cards.
Additional Ways to Earn: Participate in group walks, lucky draws, and money scratch games.
Insightful Activity Tracking: Users can view detailed statistics about their steps.

Cons

Intrusive Advertisements: The frequent banner ads that pop up create a frustrating user experience.
Low Reward Potential: The earning potential is very low, making it challenging to accumulate significant points.
High Redemption Threshold: The threshold for redeeming rewards is relatively high, requiring 51,820 points for a £20 gift card.
User Experience Issues: inaccurate step tracking, points not accumulating properly, app bugs, frequent crashes, and loading issues are common.
Ad Overload: There is an excessive number of ads.

Conclusion

MoneyWalk presents an enticing concept of monetizing your physical activity.

“The experience, unfortunately, is not satisfactory and there is a lot of room for improvement.”

Few users report successfully redeeming their rewards, with the vast majority facing challenges.

These include a slow and confusing process for earning points and converting them into actual rewards.

The consensus among users is overwhelmingly negative.

They like the idea of being paid to walk, but the reality of using MoneyWalk is far from satisfactory.

Redeeming a £20 gift card takes an incredible amount of time, so I don’t think it’s worth it!

Is There an Alternative to MoneyWalk?

Yes, there are several alternatives to MoneyWalk for those looking to earn rewards through walking.

Stepler – This app is gaining traction, with over 1 million installations in Europe and North America.

It provides discounts from partner brands like Netflix and Adidas, encouraging physical activity with fewer ads than similar apps. Read my full Stepler review here!

WinWalk – Winwalk offers a unique pedometer experience by rewarding users for their steps. With both indoor and outdoor tracking, it stands out from the crowd.

You can earn coins by walking, completing missions and surveys, or inviting friends. Read my full WinWalk review here!

Macadam – This app directly converts steps into coins for cash rewards or charity donations, with additional earnings through games and surveys. Read my Macadam review!

Final Words

Thanks for reading my MoneyWalk review! I hope it was informative!

If you have any questions or thoughts about the app, leave us a comment below.

Also, feel free to make suggestions for those who want to be paid for walking.

Peace!