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.
Second, there is nobody that’s making $3500 a month filling out online surveys. Sure, there are people who may earn $1000 or even $2000 a month, but they are in the minority. For most of us, it would be impossible unless you join every survey site that there is and spend every single waking hours filling out surveys. And that’s assuming if you are lucky enough to have that many surveys available, to begin with.
If this is remotely true, it is absolutely the exception to the rule. Yes, they take all of your info, then you spend endless amounts of time filling out the prequal for a survey only to get disqualified. If you do happen to be qualified, well the 15-30+minutes you spend to “make” that 25-50 CENTS is NOT worth the time. Again the user claiming to make anywhere decent amounts of money from this is the exception rather than the rule. Don’t waste your time. Inboxdollars Bbb
After my initial $5 bonus, I found that many of the surveys did not pay out a ton of money, which was a bit of a bummer. Nonetheless, clicking around and answering questions can still net you a couple of bucks an hour, which is better than nothing. You’re going to be on the internet anyway, so you may as well get paid for it. Learn more in our InboxDollars Review.
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:
You can also earn money by reading special emails, watching videos, or referring other people to Vindale Research. The minimum threshold is higher than InboxDollars; you need to have at least $50 in your account to withdraw funds. This can be frustrating for people who only occasionally do surveys, since they’ll have to wait longer to access their money.
Is Inbox Dollars A Legit Site
First, thank you for providing this extensive list. I wanted to offer a quick follow up. After reading your post I decided to give Survey Junkie a try and I’ve already closed the account. Yes, I can tell it’s well organized and it is definitely a user-friendly platform. The problems I experienced were first that not one of the surveys they emailed me about were available. I did, however, complete several surveys from the site itself and I found them to be lengthy – in itself, not a problem, but 3 out of 5 told me I didn’t qualify after I’d already invested 10 – 12 minutes filling out the forms. They got more than enough information from me to be useful which is an old and highly unethical trick in market research – which happens to be my background. All in all, it was a LOT of wasted time.
When brands want to find out what consumers think about their product and services, they turn to market research companies. Market research companies are the ones actually administering the surveys on behalf of the corporations looking for data/feedback. Think of online surveys as a type of focus group, except in this case, everything is done online.