Once you have accumulated up to 4,000 points you can request a rewards. In Hiving, 1,000 points is the equivalent of $1.00, which means that the minimum cash out is $4.00. Also, points redemption is only available in stages of 4,000. Thus you can withdraw only multiples of $4.00 (that is, $8, $12 etc). You can request your payout via PayPal payment.
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.
Not counting the profile survey, I attempted 38 surveys and qualified for seven of them. That’s an 18% success rate, which is on the low end among the 12 sites we tested. Most of the time, I’d immediately receive a disqualification notice with a link to a new survey opportunity. For a few surveys, I answered questions for a couple minutes before getting the boot.
Like every survey panel; you have to join and complete a profile. It is your profile that Hiving will use in sending you invitations to participate in surveys. Some of the questions you’ll answer when completing your profile has to do with your interests, such as Beauty, Hi tech, etc. However, the good news is that you are rewarded with 300 points just for completing the profile.