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.
This is a joke, it isn’t a scam but its not worth the trouble. It works don’t get me wrong but it takes FOREVER to make any actual money plus you have to hit a certain dollar amount before you can even cash out. Surveys said to be 4 minutes long pay out the same as survey that will take 50 minutes, and it only pays $0.25 for most surveys! $0.25 for an hour!? What! When you do find a higher paying one (meaning $0.50-$1.00), it’ll say its full or you don’t qualify EVERY time. The “Billy Spin Win” IS cool but also it is rigged. You NEVER land on money only “no win” or survey tokens. Out of 50 spins I landed on “cash” ($0.02 & $0.09!) twice. Like really? Complete waste of time honestly, SurveyJunkie pays better and you can cash out at $10 not $30! I’ve made $40 in about a month with SurveyJunkie rather $9 with Inbox Dollars
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.
I’ve been a member of inboxpounds (UK version)for almost two years now and only managed to earn som £90 in four payments, most of it from paid offers like bingo and other rubbish. I have to admit their surveys sucks, not only being potentially low paid, but also due to extremely low possibility of qualifying to get paid. And than you have to double check what you do, I just got one completed a couple of weeks back, spend some 40mins on it as it was promised to pay £2.00, got qualified and than I only got paid £0.20 a couple of days later. Also they don’t seem to pay for radio loyalty captchas any more.
Not a “scam” in the sense of the word, but really not a way to earn any type of money. If you can find the companies that do the surveys and do them on your own with out sites like this you will make a substantially bigger amount of money. The “scam” is they take 90% (if not more, to be honest probably 99%) of the survey payout for themselves. Its the same for the “offers”, they will take the majority of the offer from the company, and give you a small percentage, And if that was not enough, they also take a percentage of your payout. This should be illegal as it is criminal to do this to people.