Are you on the lookout for new ways to make some extra cash? No doubt we all are. Life these days is so expensive and it continues to become more difficult to earn extra cash.
Although not a long term solution, paid survey companies like MyPoints can help you put extra cash in your pocket.
There are many different paid survey companies on the market today. Here we will discuss MyPoints to help you make an informed decision if you should use it or not.
What Is MyPoints?
MyPoints is a website where you can do various tasks in order to earn cash online. These include taking paid surveys as well as shopping online.
Other ways to earn money on MyPoints include watching videos and also playing online games.
You can even earn money when you book a travel reservation. This is especially great for those who like to take trips a lot.
MyPoint Tasks:
- Paid surveys
- Online shopping
- Watch videos
- Play games
Can You Trust MyPoints?
MyPoints has been in business since 1996. It has a long history in the paid survey business. It also has a huge membership of over 10 million users.
MyPoints is no stranger to actually paying its members for their opinions. They have paid out over a whopping $236 million to their members.
Some survey companies limit you to only doing one task. As we see with MyPoints you can switch it up and earn money for whatever task you feel like completing at that time.
This definitely helps to keep the boredom away since taking too many surveys online can get exhausting at times.
So MyPoints definitely has a solid foundation in comparison to similar companies due to its longevity and large community.
How Much Money Can I Make On MyPoints?
MyPoints follows the same path as most paid online survey companies in that it uses a points system. You earn a $10 sign up reward right when you become a member.
When you accumulate 480 points you will earn a $3 gift card. If you receive a points total of 15,800 you can earn a $500 gift card.
Typically 150 points is equal to $1. You can redeem points for Visa credit cards as well but this will require 1,500 points which is $150 worth.
For each survey on MyPoints you can earn anywhere from $0.35 to $0.55. Be sure to be on the lookout for the surveys that pay the most to make better use of your valuable time.
MyPoints Rewards Include:
- Amazon gift cards
- Visa gift cards
- PayPal cash
- Travel miles
Online Shopping
If you enjoy online shopping, with MyPoints you can kill two birds with one stone. As you do your normal everyday online shopping you can earn points by doing it through MyPoints.
You can earn 25 points per dollar spent when shopping online through MyPoints. You can redeem your points for prizes from more than 75 retailers.
MyPoints works with major companies such as Walmart, Amazon, Starbucks, and many more.
MyPoints Requirements
You must be at least 13 years of age to sign up for MyPoints. This is great for teens who want to earn extra money.
Unfortunately MyPoints is not available in many countries. As of now the only countries that qualify are The United States and Canada.
We hope in the near future that MyPoints will open to many more countries to give further opportunities for people to make money online.
Realistic Expectations
Let's be clear here. MyPoints will not get you rich. It's not the website you go to in order to gain a full time income.
MyPoints is for those who want to earn a little extra money on the side and for those who want to earn points as they do their normal online shopping.
Keeping the proper expectations will help you to avoid any disappointment. For more solid income solutions you can browse The Tech Dollar website for more inspiration.
We do not want you on MyPoints everyday for the next 5 years. Use it for what it's worth and move on and continue to grow in your financial journey.
Conclusion
MyPoints definately stands out as a paid survey company. Its many activities and various payment methods make it a solid option for new members.
Remember that sites like MyPoints should be used for a little extra spending money on the side and not as a full time income resource.
Go into it with an open mind and just have fun with it. Keep your expectations realistic and use MyPoints as just another stepping stone to get to your final destination in your financial journey.
We at The Tech Dollar wish you the very best in your efforts to grow your finances in as many ways as you can.
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