Setting Up Payments
How to cash out your earnings on Terac.
After your submissions are approved, your earnings are added to your Terac balance. You can see everything and cash out at terac.com/me/earnings.
Your Earnings Dashboard
Your earnings page shows your available balance, an earnings chart over time, and a full transaction history. Transactions are filtered by type: earnings, referral commissions, bonuses, and withdrawals.
How Payouts Work
Terac uses Virtual Incentives as our payment provider. When you cash out, you get an email with a link to choose how you want to receive your money.
You need a verified government ID before you can cash out. If it's not done yet, the earnings page will prompt you to complete it at terac.com/me/settings/identity.
Cashing Out
Once you're eligible:
- Go to terac.com/me/earnings
- Enter the amount you want to withdraw (at least the minimum shown on the page)
- Click Cash Out and confirm
You'll get an email from Virtual Incentives with a link to choose your payment method and complete the withdrawal.
Check your spam folder if you don't see the email. It comes from Virtual Incentives, not Terac.
Payment Options
Payment options depend on your country. US participants can choose from PayPal, Venmo, a prepaid Visa card, or direct cashout. Participants in other supported countries receive PayPal. The options available to you will be shown when you cash out.
If cash out isn't available in your country, you'll see a message on the earnings page with instructions to contact support.
Transaction History
Every earning, withdrawal, bonus, and referral commission shows up in your transaction history. You can filter by type and click any row for details.
FAQ
I cashed out but didn't receive an email
Wait up to 48 hours, then check your spam folder. Search for emails from "Virtual Incentives" or "virtualincentives.com." If it's still not there, contact support.
Is there a minimum amount to cash out?
Yes. The minimum is shown on your earnings page next to the amount field. Earnings from multiple submissions accumulate toward it.
Are my earnings taxable?
Earnings from Terac may be taxable depending on your country and total income. You're responsible for reporting income according to your local tax laws. In the US, you may receive a 1099 form if your earnings exceed certain thresholds.
What's Next?
Learn about referring others to earn commission, or go back to applying to opportunities.