Legit Option or Just a Scam? – Swagbucks Review
So, today it’s time to start learning about a few popular home based internet business opportunities. First off we have a Swagbucks review.
Is Swagbucks a legitimate site, is it a waste of time, or worse, is it an all out scam?
Surveys Say is here to help you identify the legit services and avoid online frauds such as spams, scams, phishing and identity theft.
This article is a thorough, in-depth review of the popular paid survey site Swagbucks which has blown up over the last few years due to very succesful marketing campaigns.
As the tagline says, “The Largest Free Online Rewards Program”, Swagbucks isn’t a typical paid survey site.
But is it legit? Or it’s just another scam? Read on to find out more about the ins and outs of Swagbucks.
What exactly is Swagbucks?
The name Swagbucks sounds catchy, doesn’t it?
Well, the credit goes to their marketing department. The name is unique, has a good hook and is hard to forget. It is also an interesting rewards program: they give you points called SB for accomplishing tasks that run the gamut from completing surveys to watching videos and searching the web. These SB’s can be slightly deceptive though, since earning 100 SB sounds a whole lot more exciting than earning about $1.00 (each SB is worth approximately 1 cent).
While it is a little deceptive to call the rewards SB instead of cash, it doesn’t mean that this site isn’t legit. Swagbucks is actually rather upfront about its rewards system. You won’t be making enough money to replace a part time job any time soon, but those SB’s do slowly add up.
How does it work?
First off you need to sign up which is quite straight-forward in available countries (Swagbucks is available in US, UK, Australia, Ireland, Canada, Germany, France, and India).
Once you sign up, you will be given a large variety of opportunities to earn SB. The most important of them for this site is Swagbucks Answers, their platform for taking surveys.
Swagbucks offers anywhere from 1 SB to 1000 SB for each completed survey.
The reward amount depends on a variety of factors, including length and value of the survey. Also, some demographics are more valuable to survey providers than others, so depending on your information you may be given more valuable surveys. However, it is a bad idea to lie about anything in order to get better surveys! If Swagbucks ever detects that you are cheating in any way, all your SB will be retracted and your account deleted. Here is what the site says….
One of the most refreshing things about Swagbucks is their commitment to keeping it all above the belt. Whereas a lot of the shadier survey companies won’t be up front with how they distribute or take advantage of your information, Swagbucks let’s you know exactly where it’s going to be sent.
As any survey taker knows it is highly likely that you will not qualify for a lot of the surveys offered, even with their advanced matching algorithms. Swagbucks has no advantage on other sites in this regard and it can be frustrating to start a survey and then be disqualified. However, Swagbucks actually does has a leg up on the competition here because it will pay you 1 SB the first 5 times you are disqualified in a given day.
The site is also highly accessible and it even has an app for Android and Apple phones. Not to mention a great setup, minimalist design, and timely customer service, Swagbucks has definitely become one of the crowd favorites.
Other Ways To Earn Your Digital Dollar
While most people on this site are primarily interested in taking surveys, there are a lot of other ways to earn money on Swagbucks.
Yes, it sounds a little strange. Actually really strange! There are a lot of people who are skeptical about earning money for using a search engine.
But this particular site is quite trustworthy. If you use the search engine they provide (which is powered by Yahoo) they will randomly reward you a random amount of SB, which is a nice little bonus for searching “Cat jump fails”.
It may at first seem that if you search all day and night you will have a streak of Swagbucks coming your way.
Sadly, the situation is not like that. Although the Swagbucks website does not disclose how they allocate their rewards, they have confirmed the fact that the rewards are mostly based on the amount of time you spend using their search engine and not the number of searches that you perform.
Want to get started earning money just for using a search engine? Click Here to try it now!
If you refer a friend, you will get 10% of their lifetime earnings. So every time your friend completes a 90 SB survey, you will get 9 SB. This can dramatically increase your SB count if you refer a lot of friends.
Swagbucks will offer you cash back in the form of SB for shopping at online retailers like Amazon, Macy’s, Target, Walmart, and Best Buy. This can be up to 20% cash back, although the key words are “up to”. It is much more common to get less than 20% cash back and not all the items at a retailer are even available for cash back.
That being said, it never hurts to get some cash back for buying things you would buy anyways. In addition, during the holidays when retailers have their biggest sales, Swagbucks will often double or even triple the percent of cashback they offer for certain retailers.
If you are planning to use the Cash Back feature, you will probably want to download the Swagbutton. This feature will allow you to take surveys and watch videos from your normal browser as well as notify you whenever you have a Cash Back opportunity.
This is Swagbucks’ in house video channel. Let’s say it’s their version of YouTube. You get 1-4 SB for every set of 4-8 short videos.
It’s not much but if you watch a lot of videos every day, then you can earn well from this feature. You can earn up to $5 per day by watching videos, although it probably won’t be worth the amount of time it takes to earn that much. It is often better to just start a playlist of videos and let it earn money for you in the background.
Trial Offers: If you sign up for certain trial offers through Swagbucks, they will reward you with large amounts of SB, sometimes up to enough for a $25 gift card and occasionally more. The only downside is that, while many of these trial offers are free, not all of them are and most of them require you to enter your credit card number. However, you will still get the SB’s if you cancel your trial offer after a month, so you can get away with a large amount of SB’s for very little. You can also earn Swagbucks for donating money to certain charitable organizations. I don’t know about you, but I kind of like the idea of getting paid to donate the money I would give to help hungry children anyway.
Swagbucks has a number of fun and popular games on their site you can play, including Wheel of Fortune, Bejeweled Blitz, and Scrabble Cubes. You won’t make many SB’s playing these games (usually 1-10 SB per game) but if you are going to play the games anyway, you might as well earn some cash.
The site has a meter on its home page that flashes an amount of SBs that is your daily goal to reach. If you score the goal, you will receive a 10% bonus on your days SB’s.
Hourly Random Winner:
The Swagbucks blog displays a random username and avatar in the “Hourly Random Winner” section.
If you see yours, you have to click the link to claim it. However, unclaimed winnings will not be delivered to your “bank account” if you miss the chance!
What You Can Earn?
So you have worked hard enough to make a cashout, what can you possibly get exchanging these bucks now?
If you visit the Swagbucks reward store, you will find a lot of options to choose from; for example –
Apparel & Accessories, Department Stores, Electronics, Food & Beverage, Fun & Games, Gas Cards, Health & Beauty, House & Home, Music & Entertainment, Sports & Outdoors, Travel etc. you can redeem your Swagbucks for actual dollars and send it to your PayPal account or buy Amazon gift cards.
It is wise to wait until you have accumulated a large amount of SB’s since the more you have, the more valuable each SB becomes. For instance, it costs 500 SB for a $5 cash out, but only 2200 SB for a $25 Amazon gift card.
Is Swagbucks a scam?
No its not! It’s a free platform offering free products and money in return. They do not promote their site with fake promises and have already paid out $135 million in Rewards to their members.
Basically Swagbucks is an online loyalty program powered by Prodege LLC.
Prodege is a famous provider that brands and incentivized online reward portals and has “Search&Win” partners including The New York Giants, WGN America, World Wresting Entertainment and several other big brands.
Prodege is a Los Angeles based company that has over 4 million registered members now, which makes it one of the fastest growing online rewards programs.
In 2011, Swagbucks was ranked #43 on Inc 500 fastest growing company list. Los Angeles Business Journal ranked them as the 3rd fastest growing company in LA. As it was mentioned earlier, this site has ranked as 115th site with most traffic in the United States at Alexa.com and 539th in the world.
Is it worth the time?
There are three ways you can approach Swagbucks.
Relaxed– If you approach it this way, you will just switch your normal internet activities over to Swagbucks. Simply use the search engine and the toolbar when they can, put a playlist of videos on in the background now and then, and then cashout a free $5 Amazon gift card once the SB’s add up.
Swagbucks is good for these people. They are not doing much extra to earn a few bucks per month. It’s absolutely free and they have not made any massive effort to gain it.
Survey Taker- These are the people that we at Surveys Say cater to, so you probably fit into this category. If you already enjoy getting paid to take surveys, Swagbucks is really quite good. While it has many of the problems that a legit paid survey site tends to have (i.e. disqualifications and low payouts) it doesn’t have the problems of a scam. It is upfront and clear about what how it’s payout system works and doesn’t promise to make you rich. However, survey takers should be careful not to get sucked into the process. It is in Swagbucks best interest to keep you on their site for long periods of time, longer than is wise or profitable. It is probably smart to set a specific amount of time you are willing to spend on the site and not go over it.
All that being said, Swagbucks has a great set up, attractive design, and plenty of surveys to take. We highly recommend it to any survey taker.
The Chasers – The people, who complete every task, play every game, watch every video and take every survey!
They are simply fooling themselves and wasting their time!
Swagbucks is great for relaxed users and survey takers, but it won’t help you retire early, or give up your weekend part time job.
That being said, there are a few ways to get a large payout quick. If you are interested in signing up for Dollar Shave Club, Audible, or being an Uber driver, Swagbucks will pay you large amounts of SB to sign up. And while you won’t make large amounts of money off of their cashback program, it is still nice to get paid for buying things you would already buy.
The marketing brilliance of programs like Swagbucks lies in their system of rewarding points instead of currency, because winning 500 Swagbucks sound a lot more fascinating than winning a 5 dollar bill. It’s a fairly good reward for doing little out of the ordinary, but certainly puny to start a quest for Swagbucks hunt.
Pros and Cons of Swagbucks
- A 100% free platform to join.
- A huge variety of prizes.
- Simple interface and simplified tasks and surveys.
- The search engine is not as fast as Google or Ask is.
- The Swagbuck account stockpiles slowly.
- It is easy to get sucked into the SB hunt.
Should you join?
Here is the deal. You cannot make a living on this site and you should not try to do so; it will only lead you to waste your precious time.
But how much do you earn presently while searching the internet or watching videos? Do you like taking surveys anyway? Swagbucks is letting you generate free prizes for what you normally do every day of the week.
Swagbucks brings a lot to the table for sure, but only if you use it in a relaxed way. If you are not an existing Swagbucks user, then you can register now and install the toolbar to check it out today.
It’s definitely not a scam and worth giving a shot. Click Here to check it out now!