Make money with swagbucks.com
Swagbucks won’t pay half the rent, but you could earn extra money for a couple of movie tickets or a few books each month. Here's how it gets you free money for taking surveys, shopping, and watching videos
Sure, you can put in some extra effort to answer surveys, sign up for free trials, and take the daily poll. But Swagbucks shouldn’t be your main gig - it’s just not built to pay out that much. Having extra pocket change to help you pay for small fix-ups around the house, personal care items, clothing, or simple treat-yourself moments is never a bad thing. Obtaining this extra cash with little to no effort? Even better. Though everyone would love to make more money every month, most of us don't have the time outside of school, work, and other obligations to take on (or find) large paid projects or tasks.
A great low-effort, low-time commitment solution is Swagbucks, a free site, app, and browser extension that gives you cash and gift cards for the things you're already doing every day. Though it launched in February 2008 and has since paid out over $263,716,484 in cash and free gift cards to its members, some people who have never used it might question its legitimacy and ease of use.
However, there are really no annoyingly restrictive catches and the service does exactly what it promises. As long as you abide by some basic guidelines surrounding automation, safety, and appropriate content, you'll be rewarded for your online and in-person shopping, browsing, and viewing activities. For companies, Swagbucks provides a smart way to better understand their shopper base, and to get more eyes on their sales and deals. It's a win-win situation for both parties.
HOW DOES SWAGBUCKS WORK?
After you sign up for a Swagbucks account using the mobile app or Swagbucks.com, you can start collecting points — known as Swagbucks (SB).
These points can be redeemed in two ways:
Gift Cards: Cash in your Swagbucks for Amazon gift cards, Visa gift cards, or gift cards to places like Target, Starbucks, Walmart, Home Depot, Old Navy, Kohl’s, and other leading retailers.
PayPal: Deposit your Swagbucks as cash via your PayPal account — which you can then use to shop online just about anywhere — or transfer your cash into a checking account (PayPal will charge a transfer fee).
HOW MUCH MONEY CAN YOU MAKE ON SWAGBUCKS?
So what’s the exchange rate between Swagbucks and real bucks? Most of the time, 1 Swagbuck pays out 1 cent. You’d need at least 300 Swagbucks to cash out your account. So these 300 Swagbucks would become $3 in PayPal cash or gift cards.
To put matters in perspective:
You may earn 40 to 100 SB points answering a survey that takes 5 to 10 minutes.
In terms of labor, this could conceivably could rival the federal minimum wage: It’s possible to make 100 SB ($1) in 10 minutes which would become $6 in an hour ($1.25 short of the federal minimum wage per hour). But this isn’t likely. Read on to find out why not.
In reality, you’d be spending time browsing for surveys or considering product trials — and that’s time you wouldn’t be paid for. This is true for just about any survey site. The amount of time you put into the surveys doesn’t payout efficiently.
You may spend a few minutes reading about a survey before discovering you don’t fit the demographic. Or a study you do qualify for might fill up before you get going on it. Either way that’s time wasted from an earning perspective.
All this translates into a low return on your investment of time. Often, you may earn only a dollar an hour, or less.
Check It Out, But Balance Your Time
Swagbucks is certainly worth checking out, but the site could become a little addicting. If you’re going to use it solely for your search engine queries, I’m all for that. After all, we all use search engines anyways, so why not use a search engine that rewards us with free money and prizes? In this regard, using Swagbucks wouldn’t take up any extra time at all.
But if you end up sitting on the site filling out surveys, filling out the daily polls, completing special offers, and inviting your friends, your time could be easily sucked away every day. That’s not to say that it’s still not worth it, but you need to seriously consider your time and weight the benefits of the site against the amount of time you’re spending on it.
This is by no means a criticism of the site; this is simply a word to the wise. I can envision many people going to the site, checking out all of the things that Swagbucks has to offer, and then looking up at the clock to find that three hours have passed by. In some ways, this has the potential to be like a Facebook time warp. Just be conscious of the time you’re spending on a site like Swagbucks!