PalmPay Trial Cash: Earnings, CashBox, How to Use/Withdraw and More
|Using your trial cash on PalmPay is one thing. However, withdrawing the trial cash on the PalmPay App is another thing. If you’re looking for ways to use or withdraw PalmPay’s Trial Cash, you’re in the right Article.
So, if you’re the type that use to think “can PalmPay trial cash be withdrawn”, the answer is YES.
In this blogpost, I will not only explain to you how to use/withdraw trial cash on PalmPay, I will also teach you how to use PalmPay’s trial cash to earn money. But before we dive fully into the step-by-steps process of cashing out your trial cash on PalmPay, let’s checkout some terms about PalmPay Trial Cash.
PalmPay’s Trial Cash
What is Trial Cash on PalmPay, How does it Work, What is PalmPay CashBox, earn on trial cash and eligibility requirements are terms that I’m going to talk about in this section.
What is PalmPay Trial Cash?
Trial Cash on PalmPay or PalmPay Trial Cash is a reward incentive program on the finance app that allows you to earn rewards base on tasks you completed per day.
In addition, as per your earnings on trial cash on the PalmPay app, you will earn interest rated at 16% per annum. This is interesting right?
To make it simpler, here’s how Trial Cash works on PalmPay:
- You login to your PalmPay App.
- You complete daily tasks such as inter-bank transfer, bill payment or saving using the in-built finance features.
- You earn money per task completed in the PalmPay App.
- This money/reward earned is transferrable to PalmPay wallet where you can also withdrawn to your bank account.
- However, if you decide to leave it in your PalmPay Account, the reward will remain in CashBox Account where you will be earning interest on it.
What is PalmPay’s CashBox?
CashBox on PalmPay or PalmPay’s CashBox is a Flexible savings account dedicated for trial cash earnings. The CashBox allows you to save your PalmPay’s trial cash earnings and earn 16% interest rate per annum.
The trial cash earnings that are on CashBox can be withdrawn to your PalmPay wallet at anytime. You can also withdraw your interest as well.
In a nutshell, “Trial Cash” is a reward incentive program that allows you to complete daily tasks and earn money on your PalmPay App. While, “CashBox,” on the other hand, is the flexible savings account that store your earnings and let you earn interest on them.
How does PalmPay’s Trial Cash works?
To earn, use or withdraw PalmPay’s Trial Cash, you need to complete daily tasks. Through that, you can earn some trial cash. These earnings can be used to purchase products e.g data and airtime on the PalmPay app.
The PalmPay’s Trial Cash actually works in the sense that you login to your PalmPay App in the morning, carryout daily tasks as highlighted in the “Reward” tab. Once the tasks are completed, you earn trial cash and those trial cash will be settled in your CashBox.
The trial cash in your CashBox will begin to receive interest and you can cash it out any time you want.
How to use PalmPay’s Trial Cash to Earn Money
To earn money using trial cash on PalmPay, you need to complete daily tasks as it’s been explained above. Daily tasks you can complete on the PalmPay App includes:
- Daily inter-bank transfer
- Daily purchasing of Bills such as Funding Betting Account and Electricity Bill Payments.
- Daily purchasing of data or airtime. You will also earn cashbacks buying data and recharge card.
So, when all these tasks are being completed daily, you will earn money on PalmPay. You can also login to your PalmPay Account, tap on “Reward” at the bottom of your dashboard to see list of tasks available for you for the day.
Eligibility Requirements to Earn Trial Cash
As per PalmPay’s requirements to participate in its incentive programs, you must not:
- carryout inter-bank transfer within two PalmPay Account for purpose of earning trial cash. If you do, the reward will go to the user that carryout the first transfer.
- create two PalmPay Account with one BVN or NIN.
- login multiple accounts on one device for the purpose of earning trial cash. If you do, both user will loose reward for that day.
- disobey PalmPay’s terms and conditions.
Once you can adhere to these rules, you are good to go and make some money off PalmPay’s Trial Cash.
How to Use PalmPay’s Trial Cash
You can use PalmPay’s Trial Cash to top up your mobile, such as data and airtime top up. You can use trial cash earnings to pay bills such as funding your betting account and more.
To use PalmPay’s Trial Cash, select whatever you want to buy in the PalmPay App, tap on “PAY”, tap on the payment options to bring out the list of available balance. Tap on the available trial cash or coupon to continue your payment.
Tap on “PAY” and input your PalmPay’s PIN to authenticate the transaction. Voila, you’ve successfully use your PalmPay’s Trial Cash to purchase something.
How to withdraw Trial Cash on PalmPay
- Login to your PalmPay App.
- Tap on “Invest” tab at the bottom of your Dashboard.
- Tap on “CashBox”. This is where your trial cash earnings and interest are saved.
- Tap on the available balance to withdraw
- Input “Amount”
- Tap on “Withdraw” and the amount will be transfer to your PalmPay Account Balance.
From your PalmPay Account Balance, you can withdraw it to your preferred bank account in Nigeria.
Speaking of PalmPay’s Trial Cash Withdrawal Limit, you need to earn at least 1000 points to be able to withdraw your trial cash to your PalmPay Account Balance.
Final words
PalmPay’s Trial Cash is a reward program that allows users to earn money by completing daily tasks within the app. Reward earned is transferable to PalmPay wallet balance and if you decide to leave it, it will be stored in CashBox and interest will begin to count.
I hope you found this article interesting? Share and comments below the area you don’t understand. Thanks, Cheers!.