Warning: readers report they cannot withdraw their SG
SocialGood has changed its rules for the worse. Readers report that they cannot withdraw their SG at all, that withdrawals take months, or that they can only withdraw a tiny part of their balance. The latest report is from March 2026, and readers say support does not help.
SocialGood also charges a 30% fee when you move SG to an external wallet. When I tried to activate my own account, I followed the exact instructions to buy 200 SG, never received them, and lost the money I transferred. I have stopped using SocialGood, and I do not recommend it.
I tested SocialGood, a cashback app that pays you in its own cryptocurrency when you shop online. It looked promising at first, but it got worse and worse, and I lost money trying to activate my account. Below is what I found, and where you can earn crypto instead.
Tested by Mikael (EarnWithMike)Founder and lead testerMikael founded PaidFromSurveys in 2016 and has personally tested hundreds of survey and GPT sites since then. He shows his tests and payment proof to 555K+ subscribers on his YouTube channel, EarnWithMike. He tested SocialGood himself and does not earn a commission from it.Learn more about Mikael
Last retested · First published
Not recommended: readers cannot withdraw, and fees are very high
Cashback in SG tokens, a 30% withdrawal fee, a paid activation, and many reports of SG that cannot be withdrawn.
On this page
The short answer
I do not recommend SocialGood. It rewards you with SG, its own cryptocurrency, when you shop through the app, and the cashback rates are high. When I first started using it, it looked quite promising.
But it has gotten worse and worse. It charges a 30% fee to move SG to an external wallet, you must buy 200 SG to activate your membership, and many readers report that they cannot withdraw their SG. I lost money trying to activate my own account and gave up on the app.
- High cashback rates
- The app is user-friendly
- Deals on more than 1,800 websites worldwide
- Readers report they cannot withdraw their SG
- A 30% fee to move SG to an external wallet
- You must buy 200 SG to activate your membership
- I never got the SG I bought
- No cash rewards, only SG
My experience with SocialGood
I used the SocialGood app, looked at the cashback offers, the referral program and staking, and tried to activate my membership. This is what I did myself, and what I did not test.
- First tested
- December 2021Review first published Dec 22, 2021
- Latest retest
- Checked: withdrawal rules, fees, reader reports
- Activating my membership
- FailedI bought SG as instructed and never received it
- Support
- Replied, but did not helpTheir payment system had not detected my payment
- The cashback offers in the app
- The referral program and SG staking
- Signing up and the welcome bonus
- Activating my membership by buying SG. I never received it.
- The FAQ and the support portal
- A withdrawal of SG to an external wallet. My review does not show one.
An inside look at SocialGood
These screenshots show the cashback offers, the referral program, staking, the app and the sign-up. They are not payment proof.
Screenshots from my test
SocialGood makes it very hard to get your crypto out. These apps let you earn crypto with fair conditions.
See the best alternativesSocialGood at a glance
| What it is | Cashback app that pays you in SG, its own cryptocurrency |
|---|---|
| Ways to earn | Cashback offers, referral program, SG staking |
| Stores | More than 1,800 websites worldwide. How many you get depends on your country. |
| When cashback shows up | About a month after your purchase, after the refund period |
| Activation | You must buy at least 200 SG and have them in a wallet connected to the app before you can earn SG |
| Payout method | SG to a crypto wallet that supports SG. No cash. |
| Withdrawal fee | 30% when you move SG from the app to an external wallet |
| Registration fee | SocialGood announced a $100 registration fee. It used to be free to register. |
| Apps | Android and iOS. Mobile only. |
| Where you can join | Globally |
| Support | FAQ, and support tickets through the SocialGood Foundation support portal |
Is SocialGood legit and safe?
No, I do not recommend SocialGood anymore. It has made a lot of changes for the worse since I first joined. Here is what you should know.
- Readers report they cannot withdraw
Readers report that SocialGood blocked withdrawals, that withdrawals take months, and that they could only withdraw a tiny part of their SG. Readers also list extra requirements before you can withdraw: approved SG, a verified membership, and $50 or more in recent shopping within the past 30 days.
- I lost money activating my account
I followed the exact instructions in the app and transferred money to get 200 SG. I never received the SG, and the crypto I transferred seemed to be nowhere to be found. Support said their payment system had not detected my payment. Luckily, it was only around $7.
- A 30% withdrawal fee
When I first joined, there was no fee. Now it charges 30% if you move your SG from the app to an external wallet. I have not seen any other crypto-earning app with fees this high.
- You pay to activate, and your rewards are in SG
You must buy 200 SG to activate your membership, and all cashback comes in SG. What it is worth depends on the value of SG, so only use it if you believe in the long-term potential of the project.
- Cashback can get rejected
Readers report purchases that were rejected without a reason, while other purchases from the same day were approved.
My takeSocialGood isn’t that great after having tested it for a while, and some of the changes they have made, for example the high withdrawal fee, make it a less-than-ideal cashback app. I also lost a bit of money trying to activate my membership and, therefore, decided to just give up using the app.
How you earn on SocialGood
There are 3 ways to earn, all paid in SG. Read the warning at the top before you start. Tap one to read more.
Cashback offersPaid in SG
Open the app, tap a store and read the cashback details before you shop. Always go to the store through the app, or SocialGood cannot track your purchase.
The cashback reward takes about a month to show up, because your purchase first has to clear the refund period. There were a decent number of cashback offers when I tested it.
Referral program$100 worth of SG
Share your invite code. When your referral registers with it and purchases a certain amount, you both receive $100 worth of SG. The bonus varies from time to time, so it might be different by the time you read this.
SG stakingUp to 15%
You lock your SG for a set period to earn up to 15% of the amount you staked. You cannot withdraw or add any amount until the staking period is over.
How much can you make?
It mostly depends on your shopping habits and how good you are at getting referrals. The cashback rates are quite high, but the number of stores depends on your country.
What matters more is whether you can get your SG out. With a 30% withdrawal fee, a paid activation and many reports of withdrawals that do not go through, you should not count on earning anything you can use. If you are looking to earn some extra cash here and now, use other cashback apps instead.
Payout method and fees
| Method | Minimum | Fee |
|---|---|---|
| SG to an external crypto wallet that supports SG | No threshold | 30% |
SocialGood pays only in SG. There is no threshold, but readers report extra requirements before they can withdraw, and that withdrawals take months or do not go through at all.
If you prefer to earn cash instead of cryptocurrency, see the top sites that pay via direct bank transfer.
What 49 readers told me
This review has 49 comments since December 2021: 28 from readers and 21 replies from me. These are the things readers report most.
Readers report blocked withdrawals, withdrawals that take months, and balances they cannot touch, from 2022 to March 2026.
Readers point to the 30% withdrawal fee, a $50 monthly withdrawal limit, and having to buy 200 SG to activate the membership.
Some readers keep collecting SG on purchases they make anyway and hope its value grows. One sold his SG in 2021, before the withdrawal rules changed.
Readers report purchases that were rejected without a reason.
“Sucks you can’t withdraw and with these stories I’m not going to try. I’ve reached out to support to no avail.”
Mikael: Thanks for sharing your experiences.
“The withdrawal process here is a red flag. There are many requirements.”
Mikael: I agree there are many things in the system that is not great and that is also why I have stopped using it.
“Not only is the 30% withdrawal fee outrageous, they limit the amount you can wirhdraw to $50 US per month.”
Mikael: I completely agree that the withdrawal fee is crazy. Definitely many better cashback apps with more reasonable conditions.
SocialGood alternatives I have tested
| Site | Best for | Min. cashout | My rating |
|---|---|---|---|
| RedMonkey | Above-average rewards and instant crypto payouts | 500 points ($0.50) | 4.1 / 5 |
| Gemsloot | Featured games pay the most, crypto from $0.50 | $3 for PayPal, $0.50 for crypto | 3.8 / 5 |
| Cointiply | Many ways to earn and low crypto thresholds | 30,000 coins ($3) for Dogecoin, Dash and Litecoin | 3.6 / 5 |
| BeFrugal | Cashback in cash, with PayPal, Venmo, Zelle or bank payouts. Most shops are for the US. | $0.01 for bank deposit, PayPal, Venmo and Zelle | 3.4 / 5 |
See the best apps to earn Bitcoin for free, the best cashback apps or the top survey and GPT sites in your country.
How I scored SocialGood
I use the same 100-point system for every platform. See how I test and rate.
SocialGood scores 36 out of 100. If you want to earn crypto, try these apps instead.
See the best alternativesSocialGood FAQ
Is SocialGood legit or a scam?
It is a real cashback app, but I do not recommend it. Many readers report that they cannot withdraw their SG, it charges a 30% withdrawal fee, and I lost the money I paid to activate my account.
Can you withdraw from SocialGood?
Readers report that withdrawals are blocked, take months, or only allow a tiny part of their balance. Readers list extra requirements: approved SG, a verified membership and recent shopping of $50 or more.
What is the SocialGood withdrawal fee?
30% when you move SG from the app to an external wallet. When I first joined, there was no fee.
Do I have to pay to use SocialGood?
To activate your membership and earn SG, you must buy at least 200 SG. SocialGood also announced a $100 registration fee.
How long does SocialGood cashback take?
About a month, because your purchase first has to clear the refund period. Readers report that some approvals take months.
Does SocialGood pay in cash?
No. It only pays in SG, its own cryptocurrency, which you can move to a crypto wallet that supports SG.
Who tested SocialGood for this review
Founder of PaidFromSurveys.com since 2016. Mikael has tested hundreds of survey and GPT sites and shares his tests with 555K+ subscribers on YouTube (October 2026).
If you have any comments, questions, or have any experiences with SocialGood yourself, I would love to hear from you in a comment below.
Yep, I started out with free 700 then got referrals for them and play spins every day now I got over 500,000 in crypto no lose all wins
Thanks for sharing your experiences.
500,000 in crypto but have you been able to withdraw any of it?
I wasn’t willing to spend any money on the app until I confirmed it. I have over 23,000 in withdrawable sg and I wondered how that all worked. I read it etc but I’m not paying 30 dollars to verify myself. That seemed dumb to me. But at is doing good. Sucks you can’t withdraw and with these stories I’m not going to try. I’ve reached out to support to no avail. Guess this is my sign. I’ve got over 6million just sitting there. And it’s not going anywhere. More waiting to be approved. Like billions more. And it’s gone stay there.
Thanks for sharing your experiences.
I first signed up with SG AUG 2023. Friend knew I was into crypto and signed up with his referral. Forgot about the account. Signed back in when I saw 100k of SG was in my account. 1x gift and referral bonus. Early January 2023. They had “Home Depot” as one of the stores and I’m a contractor. Every time i would meet a requirement to withdraw I was not able to. I referred 5 people in the first 6 weeks of actively using the app. All my referrals made the required purchases Feb 28 2024 All my shopping trips from Jan to Feb as well as all my referral rewards took over 4 months to be approved and rewards credited. I was never allowed to and still not able to withdrawal any amount of SG ever I have been verified premium member still not able to withdraw from either contribute and referral methods. I have not be credited for my last shopping trip using app Feb 28 2024 and 2 referral rewards pending from January. I have submitted 10 inquiries with all the necessary proof asked of me. I now have over 300k of approved SG. Over 4k in staked rewards. I tried my luck with the $145 30 spins twice. And the only time i have been allowed to withdraw anything from the app to my wallet was $77 worth of instant withdraw SG I got from 60+ spins I spent $300 on to try to get a fraction of approved SG into my ownership. I just recently injured myself pretty bad out of work and falling behind. Seeing the thousands in assets I can’t touch is becoming increasingly aggravating. I’d might sell the verified platinum status account with all the SG if there’s a buyer. Even submitted offer to Social good I’d take 25% of accounts current worth. Never got any answers or help from 10+ requests. “Patent BUY BACK SYSTEM” I’m on a mission to find out.
Thanks for sharing your experiences.
Maybe we should start an investigation with the FBI cybercrimes division. They take complaints and investigate. They will also investigate overseas coordinating with other governments and agencies around the world to prosecute and extradite people are found in the investigation to be liable.
I can tell you that I’ve been using the SocialGood app since 2021 and only have good things to say….until the restrictions on the withdrawals were introduced.
I give you 1 example. Bought an indoor bike for me and my wife for 3000$ in 2021. At the time they were giving 50% of your purchases back in SG. Got it in my wallet and right after i transferred it all to Bitmart. Sold the SG for 1600$ at a rate of 0.95$ per token! Very happy customer.
Now, fast forward to 2023 and suddenly the withdrawal process has completely change.
Do I agree with it? No, since the wallet isn’t really mine is it? I don’t control it, so the coins aren’t really mine right?
Do I understand why they did it? Yes. It would be unsustainable to allow everyone to withdraw 100% of the coins all the time as the price would plummet (even more).
My approach for SocialGood is very simple. I only buy things that I would normally buy in regular stores (amazon, ebay, etc). By doing so I accumulate SG tokens instead of getting nothing from those companies. I could easily go to one of the exchanges and spend some dollars to acquire the SG token, but this way I accumulate SG without spending a dime.
If it works out, great! Free cash. If it doesn’t, no problem as I only bought things that I needed anyway.
People complaining about their ways, about the long process to approve the tokens, about the withdrawal rules, etc….stop nagging! Nothing out there gives you a fraction of what these guys are offering.
Will it work again as it did in 2021? Maybe. I do hope so. If not, I won’t be losing my sleep over it.
Cheers,
Peter
Thanks for sharing your experiences and opinion.
Thank you for sharing opinion. I have same attitude. Greetings
I agree I started with the 200$ bonus and now own 200,000 sg worth almost 9,000 I spent 40$ at Temu and got 1,500% back in hype I love this app and truly believe it will make you rich In assets you basically shop for free
But now it’s giving nothing!
I do the same as you with my purchases but now we get the coins but can’t withdraw them!
The withdrawal process here is a red flag. There are many requirements. 1st, you need to have approved SG. 2nd, you have to be a verified member (which is include to buy 200SG). 3rd, you need to have recent shopping ($50 worth or more) within the past 30 days. But the problem here, they will took you so long to approve your shopping gift. That is once expired, you will need to purchase or buy $50 or more on the stores.
Thanks for sharing your opinion. I agree there are many things in the system that is not great and that is also why I have stopped using it.
I’ve generated USD14,600 as I was saving for a new top end laptop and a phone upgrade.
I tried to withdraw USD8,000 but the app told me I could ONLY withdraw USD0.33… yes 33 cents!
What a scam! They advertise hat in eleven years with minimal SG Coin appreciation you’ll have well over USD1.1MILLION’. If you can only withdraw such a minuscule sum, even if it’s scaled to ‘earned’ funds then you might MIGHT have a million ( for whatever that’s worth in eleven years!?) that you can’t access!
Avoid this legal loophole scam completely.
Stung and pissed!
I disagree
You don’t have to buy $200. worth of SG. You have to buy 200 SG. With the price of SG hoovering around .05 cents it’s really not very much at all to activate your membership. Also, I can absolutely relate to being offended by the 30% for cashing out some of your SG, but they are trying desperately to get the price of SG to grow and if everyone continues cashing out it will never grow. So I think they made this drastic move in a desperate attempt to get the price of SG to go up. If everyone would just think of SG in long term savings I think you would definitely see the value in what they are trying to do. Hang in there.
Thanks for sharing your experiences and opinion.
Socialgood had block all the withdrawal , they charging people in advance for withdraw fee . People were waiting for cashbacks 6 monts but now all is closed …
14feb 2023
Thanks for sharing. I will look into this.
This is a scam app, why are you helping them scam more people, they took my money for membership even admit to having it but will not give me membership or the tokens I paid for, so again why are you helping them scam more people, you should be fucking ashamed of yourself
I just replied to your other comment
First of all, the membership isn’t free. The video specifically says you have to pay $200 to activate the membership. Wasn’t the whole purpose of social good to help even out the wealth gap? I remember watching a video to that effect back when I signed up. Now they require everyone to pay $200 of their own money just to access the SG they already have (I already have 2000+ SG). That’s completely ridiculous IMO since crypto isn’t worth squat at the moment and who knows if SG will actually be worth anything (with this current scam I’m thinking not). I think it’s very bad business to change the rules (by requiring direct purchase of SG) after I’ve already purchased things in the past to get SG crypto. I’m very disappointed in this company. My only hypothesis is that they know they have no future and so they are trying to trick people into buying SG in order to artificially inflate the worth of SG.
Thanks for sharing. I have not seen they have introduced this, but if they have, it definitely changes everything and makes it something to be very careful about. I will look into this asap. Thanks again.
And also you have to pay for membership then pay for withdrawal and as the app clearly says then you have to wait till they fell like sending it to you and that’s if they even do, so again why are you helping them scam more people
I am not helping them at all. I do not give them a very high rating and even suggest using other options.
I appreciate you sharing your experiences, and I am actually planning to update the review asap and include more info as the app has gotten worse and worse since I first joined it. I agree that they now have introduced a lot of extra requirements that make it a very poor option, and I will make this clear when I update the review.
You have to buy 200 coins. Not $200 worth. If you use polygon, it’s pennies in gas fees. SG is sitting at around $0.04 right now, so a membership is around 8 bucks…
Part of a good cashback involves the ability to liquidate a balance and receive the actual cashback. Not only is the 30% withdrawal fee outrageous, they limit the amount you can wirhdraw to $50 US per month. Withdraw $50,they seize 30%. Repeat this cumbersome method over and over until you wind up with a small fraction of that alleged cashback.
I completely agree that the withdrawal fee is crazy. Definitely many better cashback apps with more reasonable conditions.
And now it takes MONTHS to actually get the withdrawal. I feel like I got ripped off by staking, should have never put money into this.
@Beth: Yes, it definitely has made some changes for the worse over the past year, and I have also given up on it, to be honest.
This site is a total scam,I made the $30 purchase never got the 100% crypto back, I had over $500 in my assets waiting to be approved next day I had a total of $7 in my account,everything got rejected!!! I did everything by the rules and still got rejected, Its just a shopping scam,plain and simple, a few people get what they shopped for just to keep the site legit, but like 80% get screwed!
Sorry to hear your experiences about this but thanks for taking the time to share.
If I buy something on the app the money is going to be withdrawn from where
It depends on your chosen payment method.
Scam! See this user’s experience on Reddit.
“I’ve tried it. I have SG tokens that are “Pending,” they say it takes a few months. As far as I can tell, this could be a scam, or it could be perfectly legitimate. It could be a way for them to try and add a price to their token, then sell some of it for a profit later.
I haven’t been able to withdraw yet, but if I do I’ll try to update this comment if I remember. UPDATE: I’ve contacted SocialGood support. Ghosted for the past 2 weeks. I was given a notification saying my SG was approved, (It wasn’t) And the referral bonuses keep increasing on their site. I’m calling it right now and saying that it was a scam.”
Thanks for sharing your opinion about this.
Thus us the WORST site ever. I buy on ebay ALL the time. Problem is that 2 out of EVERY 3 transaction get REJECTED. It seems the lower amount ones get credit but the higher amounts get rejected. It allbyhe SAME products as I buy sports cards from ebay. Also I’ve had approved SG for a week now and I haven’t gotten ANYTHING for staking. Says every 6 hours and it been 7 days. So should be 28 staking at 15%. Even with the 2 hundred and something that DID get approved that’s alot of money. From what I can see this site is a TOTAL SCAM. I have written numerous timevwit NO REPLY. They don’t even tell me WHY my transactions got denied. Example #1 I bought 2 cases of toploaders 1 for $80 and 1 for $60 only got credit for the $60 and the $80 got rejected. Example #2 won 4 auctions from same seller total $23.13 git rejected, won 5 Uctions same seller total $97 rejected, won 4 items total $9.71 approved. All these transactions were in the same day. So why were some approved? Why were the others rejected? I bid, and paid the SAME EXACT way on EVERY one. SOCIAL GOOD IS NOTHING BUT A SCAM.
how long does it usualy take for the SG to be avaliable for withdraw?
It depends on the products you buy. But it can often take at least a couple of weeks and sometimes longer.
If i only do referral tp friends..can i get withdraw my bonus?or can’t
If the friends you invite will use it actively, you will get a bonus for that.
Many thanks for the clarification. Needed this!!!!
You are welcome.
It asked me to submit my wallet information. Most app would just need to connect. What wallet information it has access.
I explain all details in the review above.
If you have technical problems, you need to contact their support.
Bună, sunt nou inscrisa, as avea si eu 2 întrebari, de ce nu ne da voie sa facem cumpărături din banii obținuți la înscriere, in schimb aplicația umbla la acești bani in functie de valoarea SG, eu nu i_am bagat in portofelul cripto ?
Nu putem sa scoatem numerar? Atunci ce beneficii avem
Sorry, but I do not understand. Please ask in English and then I will do my best to answer.
Scam or legit? Think you
I explain everything very clearly in the review above.