There are various ways of earning money online through reward programs. In this review, we’ll cover the details of the paid survey site MyPoints. MyPoints has been around for a long time but has grown more in popularity in recent years.
What Is MyPoints?
MyPoints is an online reward program that pays when you perform certain tasks – often tasks that you normally do anyway, such as shopping, playing games, printing out coupons and reading emails. Also, you get the chance to participate in surveys, click on links that are sponsored and take part in trial offers for some more points. These points accumulate over time and you can exchange them for gifts cards. The points are about 0.62 cents each, meaning that you will have to accumulate 1600 points to cash out a $10 gift card.
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How It Works
This online reward site is considered a pioneer and a leader among other sites. They make purchases online from retailers in their network and users can earn reward points each time they complete a transaction. Users can then redeem those points for gift cards, cash back (via PayPal) or travel miles. The minimum payout is $10 for most rewards, but payment through PayPal starts at $25.
The site is operated under MyPoints.com, a California based organization, which is a branch of United Online, Inc., a multimillion dollar company that owns various sites such as FTD, Juno and NetZero. This company encourages cashing out using gift cards by offering you the best rates on certain gift cards. Even though it is possible to cash out through PayPal, you will get 0.55 cents for every point, which is much more than the 10% discount on the value of the points you have.
MyPoints is free to join. However, there are some conditions: you have to fill in accurate information while registering, be a citizen of the US or Canada, and be 18 years of age or older. Once you have confirmed your account, you may get overwhelmed because the site is huge, so be prepared.
How To Make Money With MyPoints
There are lots of ways to make money using MyPoints:
The website sends you emails that have links, which you will be required to click to earn 5 points (which will be around $0.035). Going through one email will take around 10 to 15 seconds on average. You can earn more points if you decide to take advantage of the offer.
Participating in surveys:
The surveys you qualify for are sent to you through email. You get paid 50 points when you complete one survey lasting for about 10 minutes, which will be around $0.35. One nice feature is that if you are disqualified for a survey, you still get 10 points! This means that you earn approximately $0.07 for every survey attempted, regardless of whether or not you were able to complete it.
MyPoints has an extensive set of partners that can reward you for shopping through their portal to get access to some popular online shopping websites. Even though the rewards are not as good as those you’ll get by using top shopping reward sites, they are not far off and can be nice if you try consolidating your efforts by using more programs. When you shop using their site, they give you a percentage on each online purchase you make in the form of cash back.
If you visit the site once a month and click on the “Easy Points” section, you’ll get asked if you need a contractor to work on your home, or if you will like to save money on groceries with coupons. Click on “I don’t” so they can offer you another opportunity to earn points by clicking on a link. You’ll get 5 points ($0.035) each time you do it. Also, you can earn points when you search for certain offers on their site.
Watching videos and playing games:
Even though this sounds crazy, you can actually earn by watching videos and playing games. The payment is not much, but if you are watching TV anyway, you can also watch these videos or have them play on a muted tab and earn some extra cash while you relax or take surveys. Same goes for playing games; if you enjoy the games, then play to the best of your ability and earn a few more points at the same time.
If you do grocery shopping of any sort, you know that it is possible for you to print online coupons and save a lot of cash. By using MyPoints, you earn 10 points every time you print a coupon. That equals about 6.2 cents on every coupon in addition to the savings you can make with it in store.
Once in awhile, MyPoints will make a deal with an advertiser to offer you a good in-store deal. For instance, you can to go Walmart and buy two boxes of large trash bags. When you scan and upload your receipt to MyPoints, you will receive 1,750 points. That will be enough to get a $10 gift card immediately. The cheapest trash bags are $5.12, so, if you go to the coupon page and print two of the $1 off coupons, you will actually make $1.76 by purchasing those bags. This is rare but the in-store promotions are a good way to get a great deal.
MyPoints has a pretty good referral program. You earn 25 points for referring somebody, 750 extra points when that person spends $20 or more while shopping, and 10% of all the points that person earns.
There is an option of cash back, which you get paid through PayPal. To redeem however, you need at least 4,550 points. You can also get a prepaid visa card in exchange for points.
Is MyPoints Legit?
To the extent of our research, we have found that MyPoints is a legitimate reward site and does not have any signs of being a scam. They have a lot to offer their users. If you’re a seasoned paid survey taker, MyPoints is a must-join and if you’re just starting out, MyPoints is a great place to start!
Is It Worth My Time?
Generally, you shouldn’t spend copious amounts of time on these sites because they don’t pay well. Most if not all user complaints come from individuals who had their expectations set too high.
You’re not going to get rich taking paid surveys and you’re not going to make a ton of money on MyPoints. If you’re interested in making a little extra cash on the side or by doing things spend time on anyway, MyPoints is a great option! Click here to sign up now!