MyPoints Survey Site – Is This Legit or A Scam?
When searching for ways to earn money on the internet,
If you want to know if MyPoints Survey is one you can trust or a scam, this blog post is for you. MyPoints claims you can earn $2.5 per hour for participating in surveys, watching videos, and so on. However, they can sell your personal information, which you will permit them to do when you create an account. To know more about MyPoints, how you can earn, and so on, read this brief post completely. Once you are done reading, you can tell if MyPoints is suitable for you or not.
MyPoints Surveys – How Legit and Safe Is It?
There are some reasons MyPoints is considered safe and legit. According to their privacy policy, they claim they “maintain security measures” to protect your information and prevent misuse. Although it sounds amazing, they did not mention what security measures have been put in place to secure your personal information.
This does not necessarily mean that this platform is shady, and it does not mean that they sell your info to third parties to use maliciously. Most survey platforms sell your information to a host of other companies to market certain products or services to you. You are not going to be affected negatively when this happens. What most people are scared of is when they are asked to provide their bank info or credit card information. If you are troubled with this, you can use the gift card option to redeem points; this way, you do not give sensitive information out.
About MyPoints
MyPoints is an online survey platform founded in 1996. Protege LLC is the parent company, and they own popular survey platforms like Inbox Dollars and ySense. Most people are familiar with paid survey websites. To earn, all you need to do is participate in a survey you qualify for. MyPoints is similar, but there are other ways to earn on this platform. They include
- Surveys
- Watching videos
- Referrals
- Playing games
- Shopping online
- Local deal vouchers, like Groupon
- Searching the web
The signup process is not difficult. All you need to do is visit their website and provide an email and password to create an account. A confirmation link will be sent to the email address you provided to finish your account setup. You can start earning points when you click on the confirmation link. There are different ways to redeem your points. They include:
- For cash, get a PayPal deposit
- Get a Visa gift card
- Convert points to gift cards
- Add travel miles to a UnitedPlus Mileage account
The methods to redeem points, as mentioned above, give this platform an edge over other survey sites. However, always keep in mind that survey websites were never designed for anyone to make a reasonable amount of money from. The best you will ever be able to do is “extra money” for a meal or transportation or saving for a clothing item you’ve had your eye on. MyPoints is similar to other low-paying survey/GPT (get-paid-to) websites I’ve reviewed on this blog such as:
Earning Potentials
The points you earn will determine how much you can make on MyPoints. It is advisable to understand how you earn points on this platform to decide how to spend your time effectively. Below is a breakdown of the points system below:
- Get 50 to 100 points by taking surveys
- Get 1 point for watching videos
- Get 5 to 10 points from playing games
You can earn 25 points from referrals; earn an additional 750 points for yourself and 1750 points for your referral if they purchase at least $20 qualifying products within 30 days of signing up. The best way to earn points is by taking surveys and referring people. Below are available point conversions:
- 3970 points – $25 (minimum withdrawal threshold)
- 6900 points – 2500 travel miles
- 700 points – $5 Barnes and Noble gift card.
In other words, to get the cash reward of $25, you will have to finish about 80 surveys at 50 points apiece or 40 surveys at 100 points apiece. On average, it will take about fifteen minutes to finish a survey. Thus, you will make between $1.25 – $2.50 per hour to complete surveys. Most certainly, this amount is not enough to count as a full-time income.
If you are okay with making very little money (peanuts) when you have nothing to do with your time, then this would be your typical survey option. However, there are better options out there that can generate a decent amount.
Is MyPoints Legit Or A Scam?
MyPoints is a legitimate survey site, and it seems to be reasonably safe with your personal information. Regardless of the so-called security measures that are in place, you need to be careful when sharing sensitive information. You can earn money from the site, but I don’t think it is the best way to earn; you will be earning “pennies on the dollar” after spending hours filling out surveys.
You will find better earning opportunities on the internet that is worth your time and will pay you more; but if you decide to give this platform a try, be careful with the information you share. When you realistically look at the facts presented, there’s another point you need to consider:
Completing Surveys Is One Of The Worst Ways To Make Money Online
Regarding survey websites, you are working for pennies on the dollar when it comes to the amount of money you make in comparison to the amount of time spent on these surveys. Filling out surveys is one of the worst ways to make money online. When you compare the amount of time spent with the money you make, the compensation isn’t worth it.
It doesn’t matter how active you try to be on these survey/GPT websites. Regardless if you complete surveys, download cash offers, take polls, complete tasks and refer people to generate points and commissions, you will always make very little money. Even if you try to combine several survey panels to make decent money, you will always fall short.
Survey panels were not designed for you to make good money from. Another problem with survey websites is you don’t qualify for every survey and most survey websites don’t send you surveys regularly. Similarly, with survey/GPT websites, you are never in control of the money you make because you are not in control of the actual platform from which the surveys originate.
What does that mean for you? It means that you can never rely on survey websites to make a full-time income and that you need to build your own online business. Click the banner below and find out how to leverage the power of the internet so you can learn how to make a truly life-changing income.
