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.
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:
On many forums and review websites, the typical rating awarded to InboxDollars is a meager 2 out of 5 stars. The single biggest problem relating to the website is the incredibly long time taken before the first $30 payment can be attained. Though it is in fact legitimate, the website has been labeled by quite a number of former members as a “scam,” or “spamming” website. We disagree…
I like InBox Dollars! I have earned approximately $200 in 4 months! Once you understand the variety of ways to get $ – it usually takes about 2 weeks to get up to the $40 milestone and then you request payment and I get my paper checks in a couple of days…and if you get friends or family to sign up – you get $1 for each of them- up to 5… but if they start doing surveys and keep doing them – you get 30% of their earnings credited to you!!
GlobalTestMarket currently has more than 5.5 million members in over 200 countries around the globe. They offer surveys which are rewarded in points. These points can then be redeemed using PayPal payments. Participants can earn easy money by simply completing a 10 or 20 minutes survey. Take part in online surveys, mobile surveys and IT surveys and earn at least 1200 points you need to request your check.
Inbox dollars is a scam. They will pull you in by offering $5 to begin and another $7 for completing some other tasks. It all goes downhill from there. I quickly realized that filling out countless surveys. I really gave them a try, I tried and tried and tried. Finally I snapped and said “No More!” What happens is that once you start a survey and it could be 15-20 minutes of filling questions, they will reject you based on answering a question as “no”. So you could answer “yes, yes, yes” for multiple questions and after 20 minutes of tedious (and yes, boooring!) questioning you are rejected from survey by punching one lousy “No”. Then they offer “sweeps” which is a raffle ticket that will never win you anything, pathetic! So, after seeing what a sham I got myself into I just decided to get my $30 by strictly opening the “paid mail” and using “paid search”. I had opened the account with them 1.5 years ago and finally was able to collect my $30 (actually $27, they even take $3 for “processing fee” – a final slap in the face) after countless hours of filling surveys and opening stupid paid mail. They pay 2 cents per one paid e-mail so yes it will take a while. I will be closing my account with inbox dollars now that I recovered a small fraction of what my time is actually worth, and I recommend staying clear from them and finding another way of making $$$.