They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
My InboxDollars experience started on a high note. After receiving the signup bonus, I earned another 50 cents for completing a short profile survey. I also appreciated that I could see a list of surveys available to me, along with the exact dollar (or cent) amount they’re worth. Most sites we tested use points, and determining a survey’s monetary value can be a hassle. This list also included the estimated time required for each of the surveys and, for some, the topic.
According to the company’s own website, it has millions of active members using the website. Since 2006, it has paid over $25 million to members and counting through its subsidiary SendEarnings (launched in 2005). Profits and expansion have occurred in every year since inception with the company branching out to the UK with its InboxPounds service in 2012. Today it has over 30 employees.