Is Taking Surveys for Cash Value It?

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Do you know you may get paid to take surveys? It’s true! Whereas taking surveys gained’t make you wealthy, sharing your opinions will be an effective way to earn extra cash from house.

Right here is the “downside” although: There are dozens of paid survey websites to select from. It’s exhausting to inform what’s legit and what isn’t.

Immediately, I’ll evaluate one of many less complicated survey websites, LifePoints, and show you how to resolve if it’s value your time and power.

What Is LifePoints?

LifePoints is an internet platform that rewards you for finishing surveys and different actions – like mini-polls, product testing, and habits monitoring. They’ve over 5 million members from over 40 international locations and have paid out over $22 million to their members over the past 12 months alone!

LifePoints is operated by Lightspeed, an organization owned by the Kantar Group – who simply occurs to be the most important international client analysis and evaluation agency on the earth. Based as Nationwide Household Opinion, the group ran its first analysis client analysis examine in 1946. Lately, LifePoints serves as a hub for market analysis and offers customers the chance to affect the way forward for services by sharing their opinions.

It really works like this:

• Firm X desires to know one thing about client preferences
• They rent Lightspeed to design a survey and gather and analyze the information
• The survey is rolled out to LifePoints members who match the audience
• Members who qualify can full the survey to earn LifePoints
• Members redeem their LifePoints for reward playing cards, PayPal credit score, or charitable donations

Reward charges differ by survey. Some surveys may pay 60 LifePoints whereas others pay 350.

So, how a lot are LifePoints value? Usually, every LifePoint is value rather less than a penny – however it depends upon the way you redeem them. Redemption values fall between 0.83 and 0.91 cents every. In less complicated phrases, you’ll be able to often redeem 550 LifePoints for a $5 reward card or 1,200 factors to redeem $10 by means of Paypal.

LifePoints expire 3 years after you earn them, or after 12 months of no account exercise. So, when you take a hiatus from LifePoints, be sure you money in your factors earlier than 12 months elapse.

Is LifePoints Legit?

Sure, LifePoints is a legit on-line rewards platform for anybody over the age of 18. For those who efficiently full surveys, you’ll get the promised factors. And when you’ve accrued sufficient factors, the rewards are actual.

Take Surveys and Get Paid – Receives a commission actual cash for taking surveys if you create a free account with LifePoints! Get began on cell | Get began on desktop

Tips on how to Make Cash with LifePoints

Taking Surveys

There are just a few methods to earn LifePoints, however on-line surveys are the bread and butter of the positioning. You’ll be able to entry accessible surveys if you log in to the LifePoints website—they’re on the house web page. LifePoints may also ship out survey invites by electronic mail every month.

As I discussed earlier than, the reward fee varies by survey. I had gives as little as 60 factors and as excessive as 350. Longer surveys usually award extra factors.

Most surveys start with a sequence of demographic and fundamental behavioral questions designed to find out whether or not you match the audience. For those who do, you proceed to the remainder of the survey. For those who don’t, you’re screened out and directed to the tip.

Signing Up

You’ll earn 10 LifePoints for registering and validating your electronic mail deal with and one other 10 for answering just a few questions on your family to match you to survey alternatives.

Product Testing

Infrequently, LifePoints could mail members merchandise to check at house and subsequently evaluate. This generally is a enjoyable strategy to get hands-on expertise with a brand new product whereas incomes rewards.

Recording Behaviors

LifePoints could electronic mail members habits diaries, asking them to maintain observe of how usually they do sure issues. This data is used to tell services or products improvement.

For instance, throughout a survey, I used to be supplied 1,000 LifePoints to document all transactions made with a bank card for a month.

Getting Paid

While you’ve accrued sufficient LifePoints, you’ll be able to redeem them to your selection of:

• PayPal credit score
• Digital reward card
• Charitable donation

What number of factors are sufficient? For a $5 Amazon reward card, you want 550 factors. The smallest PayPal credit score you’ll be able to declare is $10, and that prices 1,200 factors. (*Please be aware that the worth of LifePoints are topic to alter at any time.)

If you wish to get the very best worth to your LifePoints, redeeming for a present card or a charitable donation of at the least $5 is the best way to go. While you redeem this fashion, LifePoints are value about 0.9 cents every.

For those who desire the flexibility of money, you’ll be able to redeem for a PayPal credit score for barely much less worth: 0.83 cents per level. Notice that the e-mail deal with you used to register with LifePoints should match your PayPal electronic mail. If it doesn’t, you’ll want so as to add the LifePoints electronic mail to your PayPal account.

Whether or not you redeem for a present card or PayPal credit score, it’ll take as much as 10 enterprise days to obtain it.

Benefits of LifePoints

You Know How Lengthy the Surveys Take and How A lot You’ll Earn – Survey matters aren’t revealed beforehand however the estimated time to finish and the rewards fee are. That is necessary as a result of you recognize stepping into how a lot of a time dedication you’re making and what the payoff will likely be. For those who solely have a couple of minutes to spare, you’ll be able to zero in on the 5-minute surveys whereas leaving the 30-minute biggies for one more time.

Earn Rewards Quick – I like that you would be able to money in your LifePoints for a present card with as little as 550 factors. Realistically, you possibly can earn that inside the first week.

Versatile Redemption Choices – When it comes time to money in your LifePoints, you’ll be able to select between a number of widespread reward playing cards (Amazon, Groupon, iTunes, and extra), a PayPal credit score, or a charitable donation. This selection means there’s one thing for everybody.

Alternative to Affect Product and Service Improvement – This is probably not necessary to you, however some individuals like the thought of serving to inform product and repair improvement.

Disadvantages of LifePoints

It Is likely to be Laborious to Qualify – The aim of the surveys is to assist market analysis, and generally the businesses internet hosting them are in search of enter from a selected group of individuals. The primary few questions sometimes assess whether or not you belong to that group. For those who don’t, you get screened out and don’t get the LifePoints. If this occurs a number of instances in a row, it may possibly get irritating.

I tried a bunch of surveys and solely certified for 2 out of the lot. In a single case, I used to be screened out after spending about 5 minutes answering questions—that’s annoying! The excellent news is, you often get two LifePoints only for attempting, though this isn’t at all times the case.

Restricted Methods to Earn – Another paid survey websites, like SwagBucks, supply a ton of the way to earn factors. So, if surveys aren’t your factor, you’ll be able to nonetheless earn rewards for purchasing on-line, watching movies, and so on. This isn’t the case with LifePoints. It’s primarily surveys with the occasional alternative for product testing or habits monitoring.

It Takes Awhile to Obtain Rewards – Though you’ll be able to earn sufficient factors to get a reward fairly quick, it takes as much as 10 enterprise days to obtain reward playing cards or PayPal credit score when you redeem.

No Cell App – It appears LifePoints used to have a cell app, however it has since been discontinued in favor of the web site. That’s unlucky as a result of many individuals desire utilizing an app to launching a webpage on their cell phone. Right here’s the excellent news: LifePoints surveys are optimized for cellphones; I didn’t expertise any points taking surveys on my iPhone.

>>Associated: Greatest Money Again Apps for Buying, Saving, and Rewards

Who’s LifePoints Greatest For?

• Folks Who Take pleasure in Sharing Their Opinion – Since LifePoints is primarily a survey rewards platform, it’s greatest for individuals who don’t thoughts taking surveys and sharing their views.
• Folks Trying to Earn a Little Additional Cash – For those who’re eager to earn just a few further {dollars} right here and there, paid surveys are a easy, no-commitment strategy to do it.
• Anybody Who Doesn’t Have Time for a Aspect Hustle – I’ll be sincere: I don’t suppose taking surveys for cash is the best use of time for somebody who desires to develop their wealth. However guess what – not everybody who wants extra cash has time to put money into a aspect hustle or a part-time job. LifePoints can match into even the busiest of existence—even simply 5 minutes right here and there’ll finally add up.

Who Ought to Keep away from LifePoints?

• Impatient Folks – For those who lack endurance, you may end up getting irritated if you need to try a number of surveys earlier than qualifying. It is perhaps greatest to skip LifePoints and go for a platform like MyPoints that rewards different on-line actions like watching movies and shopping.
• Folks Anticipating Massive Cash – Paid survey websites are a great way to make just a few further {dollars}, however you’ve gotten a 0% likelihood of getting wealthy from them. Folks eager to earn severe money ought to make investments their time constructing a profitable aspect hustle as an alternative of taking on-line surveys.
• Anybody Who Doesn’t Take pleasure in Sharing Their Opinions – LifePoints is primarily surveys, and to a lesser extent, product testing and habits monitoring. For those who don’t get pleasure from sharing your views and opinions, it isn’t best for you.

The Verdict: Is LifePoints Value Your Time?

To resolve if LifePoints is an effective match for you, reply one major query: Do you get pleasure from taking surveys?

In contrast to another paid survey websites, LifePoints doesn’t reward its members for watching movies, gaming, or purchasing on-line. To profit from it, you need to be keen to share your opinion by means of surveys. It could generally be exhausting to qualify, so it’s essential to be affected person, too.

The opposite factor to contemplate is how a lot free time you’ve gotten and the way severe you’re about incomes extra cash. You probably have brief bursts of free time and wish to earn just a few further {dollars}, taking surveys can fill the gaps.

Folks with longer stretches of free time who wish to earn some severe money might earn more money pursuing a aspect hustle, a second job, or by means of passive revenue alternatives.

Have you ever tried LifePoints? Share your experiences with us beneath!

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