Interesting read, thanks for sharing. I suppose that online surveys may generate a few extra dollars on the side for some people, but it does require you to qualify for certain surveys online. In many cases you may not qualify, and will result in having to search for more surveys. This can be time consuming and in most cases not as profitable as may be expected.
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.
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Now, don’t get me wrong. There are people who do make a few thousand dollars or more a year with paid surveys. But that’s not the norm. If you do want to increase your earnings substantially, your best bet is to also join focus groups (we have a big list of ’em. Just do a quick search on Google for “moneypantry.com focus groups”). They pay much more between $50 to $400 or more per focus group secession.
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I signed up for this site as recommended by a friend, and yes to be perfectly honest it’s a headache to gather the $30 earnings required to cash out but I have done so on several occasions over the past 10 years or so (I’m unsure just how long I have had my account.) My overall opinion of this site and it’s resources is very favorable. The emails pay me .02 for everyone I open, the surveys are indeed more effort than they are actually worth. However the fact that it is STILL FREE MONEY EARNED IN YOUR FREE TIME (No one in forcing you) makes it an overall worthy option. If you are seeking to earn more money become a professional and choose a career pertinent to intelligence and not free living.
How it works: LifePoints is the survey platform of a company called Lightspeed, which is owned by Kantar (one of the world’s largest market research and consumer data analytics firms). The platform was formed as a merger of two of the company’s other products, MySurvey and Global Test Market, and gives users a variety of ways to earn points that can be redeemed for cash:
I love Inbox Dollars. It is actually my main money making survey site. I have had the app for 3 1/2 years now. First year I cashed out $37, 2nd year I cashed out $67 and now I am up to $61, which is about $3 a day, all of which has been earned in the past 3 weeks and I have found the key to making it work for me. I use this app all day. I let all of the videos run in the background. I always have my spin and win spins at the maximum 100 and you get 20 spins daily. Sure you get qualified for a lot of the surveys, but you have to find what works for you in other ways on the site. I am also a couponer, so you get paid 10 cents per redeemed coupon. I print my coupons from the site and I use them a lot. So just about every day I am getting credited 30 cents just from coupons. I have no complaints now that I have found what works for me. I love it!
I started using inbox dollars about July 31 and made $33.86 by August 10th. I was really nervous about using the app because of all the negative reviews I saw but I figured if it was scamming everyone who used it, it wouldn't be in the App Store. I do have a complaint but its more so about the cash out timing it takes a few days more than I have experienced with other apps which I'm not over the moon about but you do get your money. **** BTW some days you wont have a lot of surveys come your way but for the most part if you check it at least once a day you'll find a hell of a lot of surveys to do. So are only 25 cents for a survey but if you have nothing to do they can def waste some time
Dear Dave, You should contact LiveChat for more assistance but an account can be deleted/removed for inactivity on the account for a period of 6 months or more of if the account was in a violation of the terms. Accounts are never randomly deleted without cause so if you reach out to LiveChat they can review and escalate your inquiry if further review is needed. We have more information in our Terms of Membership: http://www.inboxdollars.com/pages/terms
I guess this Inbox Dollars must be for people that have nothing to do with their time or really believe they could actually make any kind of money doing this. If it isn’t classified as a scam it should be classified as a total RIPOFF. I read all their terms and agreements, which basically said, we can change the rules at any time and without notice, everything in there was not about protecting you, but rather how they have the upper hand on you. If you took this to your attorney he would tell you no way, right down to giving up your privacy rights.
How it works: Panda Research is a market data company that claims to have paid out over $2 million to date. Users complete surveys, which can take anywhere from 10 to 45 minutes each. The sign-up and survey completion process are both easy and typical, but there are a few things you should be aware of before investing too much time on the platform:
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InboxDollars is one of the worst programs. Unlike others, they have a very short “6-months of inactivity and we’ll close your account and keep your money” term. Plus, you earn next to nothing. I too stopped getting paid emails and tried to unsuccessfully qualify for surveys. As such, I mostly did the big-ticket things, like signing up for money back on donations to charities. I accrued $98 and log in monthly to avoid the “inactivity” thing. But, guess what? They just closed my account for not completing anything in six months. They don’t even hold up their own definition of “activity”. So, user beware–withdraw when you can, even though UNLIKE the other programs, they charge a 3% fee on what you’ve earned. Sketchy, sketchy, sketchy.