The Good / The only good thing about PTC Bank is that it doesn't cost you any cash; just your time and effort and maybe your personal details.
The Bad / The idea behind PTC Bank is already flawed as it offers you peanuts in terms of cash. Then add in the fact that it's unlikely you'll see the cash and that you're viewing adverts on a very dubious site and you have a recipe for disaster!
My Recommendation / PTC Bank is betting that you will do their work for you while they profit at both ends of the scam! The pennies you earn you won't ever see. If you're looking for a legitimate way to make sustainable money online, stick with our tried and true methods of making money online instead.
PTC Bank Review
The PTC is PTC Bank stands for Paid to Click. This is pretty self-explanatory but the idea is that whenever you click a link and view a website or advert you get paid.
This type of system isn’t anything new (PTC Bank has been around since 2013 for example) and there are other systems out there such as Four Dollar Click.
PTC Bank in some ways isn’t as hyped up as the others, as it offers a more realistic $0.10 per click with 2 cent options and the option to earn more by referring people.
With a cash-out balance minimum of $100, it could take a while before you see your earnings – if you ever do!
Problems with PTC Bank by James Anderson
As expected, all is not what it seems with PTC Bank. In fact there are an awful lot of issues with the site and system if you dig deep enough.
The first thing about PTC Bank is the amount you can earn, which is really pathetic. If you base it on viewing the 25 adverts a day (it says minimum but it’s likely an average), at $0.10 per advert, that’s a whopping $2.50 per day.
To reach the minimum payment threshold of $100 would take you 40 days. If you’re viewing the 2 cent adverts then it will take even longer.
Sure it might be that you can augment the money with referrals etc., but it is still peanuts: even a poorly paid job or doing gigs on Fiverr.com will net you more money quicker.
With any system online that suggests it can make you money, you’ll want to see proof and PTC Bank provides a lot of it.
Unfortunately the proof they provide cannot be verified. Plus it can be easily faked and to be honest it looks like it’s been faked.
The fonts look wrong and the data is generic at best – it just feels off.
With a company being around for a few years, you’re likely to see a few complaints – and you won’t be disappointed.
Normally a few complaints happen, even to the best of companies, but the fact that they all focus on one area makes these complaints very worrying.
They all state that once they reached the payment threshold they try to withdraw their money only to find that they can’t.
Not only that but once they try to withdraw their account is blocked and they cannot log back in.
That’s not just a dodgy business practice, that’s theft!
The above practice is definitely awful, but the sad fact is, if you didn’t read their terms you’ll have set yourself up for it.
You see their terms have single sentence in them that basically allow PTC Bank to cancel your account (and not pay you!) for any reason they want. Not just you trying to cheat or do something wrong, but ANY reason:
They don’t even need to warn you or notify you. This broad and vague term gives them the ability to basically make up any infraction and get away with it in the eyes of the law. After all, you agreed to the terms by joining.
A Double Whammy
I was going to put in a section about how the business model of PTC Bank doesn’t make any financial sense, but in the light of the terms and complaints, it actually does.
You see they charge people money to advertise on their site/s and then they don’t pay you for viewing the adverts. As such they are earning at both ends of the tunnel: free labor from you and payments from advertisers, for PTC Bank it’s a win-win situation.
When I was looking at the payment company logos on the site (I like to see if they link to the right places or not) I discovered an odd referral link on the Payza logo.
The site dfehwert dot com just looked odd and out of place.
When I examined some of the adverts, I noticed these also linked to this obscure site.
Visiting the site (and I recommend that you DON’T!) it appears to be some sort of site for pirating various media types like movies and games as well as “cracks” for software.
As such it looks like this less than legal looking site and PTC Bank are intertwined, especially since the Who Is for both domains use the same address and the same PTC Bank support email!
This is public data from ICANN WHOIS but I blurred it because I’m nice like that.
The Bottom Line
PTC Bank is a worrying site. Not only do the earnings simply not make it worth your time and energy but based on reports around the web, you’ll never even see those earnings!
Combine that with the dodgy relationship to a dubiously legal site and you have all the hallmarks of a scam.
This is a model I have seen time and time before. Usually the person behind the scam advertises insane earnings and an even more insane cashout threshold. I have seen scams offer $10 per advert viewed with a $10,000 minimum cashout.
PTC Bank is doing things a little differently though. Their numbers look a lot more realistic, but that’s only to lull you into a sense of complacency. You’ll view the ads, never get paid, and “James” or “Dfeh Wert” or whoever is truly behind this operation will make money off of your wasted time.
Don’t bother with this one.