MyPoints is one of the oldest online rewards programs established in 1996. In this review, I will check out if it is legit and is it an easy way to earn a few extra bucks. I will give you some insight on how do they work and what do they have to offer.
Paid survey sites and online panels keep gaining popularity. What is an online rewards program anyway? These websites usually offer paid surveys and a couple of more ways to get a reward. It is sort of extended paid survey site. Other activities include watching videos, playing games, online shopping, and many more. The idea is to offer you a small reward for online activities that you already do.
What’s in it for them, you might ask. They collect valuable data for market research. So, on the surface, it is a win-win deal. However, the Internet is a good place for scams, so you need to be wary. Some sites are legit but want to use you as much as possible, for as little as possible or no reward at all. They do so by making it hard for you to collect your reward, hoping that you will eventually give up. In the meantime, they gathered your info that they can use for analysis or whatever.
My goal is to provide unbiased facts to help you avoid reading a myriad of reviews and users ratings. Or, to help you decide to join a certain site or not. Ultimately, it will be up to you because I can’t know your ambitions and expectations when it comes to the online panels. But, I can provide everything you need to know to figure it out for yourself in this MyPoints Review.
Is It Legit
MyPoints is owned and operated by Prodege, LLC, a successful and reputable internet and media company. Actually, Prodege purchased MyPoints in 2016. Prodege is also the owner of Swagbucks, probably the most popular online rewards platform. So, MyPoints is absolutely legit. It is a fact beyond any doubt. Now, we can move on to see what do they do.
How It Works
Signing up is free and easy. As soon as you finish the procedure you can start earning points. They offer so many different ways to earn points that it is hard to name them all. But, before I start, I will explain the general method. For every activity or task that you complete you will receive a certain amount of points. Generally, $1 equals between 140 and 175 points.
You can redeem your points for gift cards, cash, and travel miles. Once you earn 700 points you can exchange it for $5 gift cards including Amazon, Applebee, JCPenney, Barnes and Noble, and many more. You can get your cash via PayPal but you’ll need around $25 to request the payment.
Surveys are the best way to earn points. You can earn from 50 to 400 points per survey. When you start the survey you will be asked a couple of qualifying questions. This means that you might get screened out. However, you will receive 5 points for every survey that you were disqualified. You can be screened out up to 5 times a day.
Searching the Internet through the MyPoints can earn you some random points.
You can earn points through Deals. Every day MyPoints will offer you shopping or traveling deals with a possibility to earn points. You will know the number of points for each deal beforehand. Deals will get you more points than regular shopping through the site.
Watching videos is another way to earn points. Usually, you will get 1 point per video.
Online shopping through MyPoints earns you points as well. You will earn anywhere between 1 and 50 points per $1 spent.
You can also receive points for printing and redeeming free Grocery Coupons. There are around 100 available coupons for you to print. You will earn 1 point for each coupon printed and 25 points for each coupon redeemed. You can print up to 500 coupons per month.
Playing video games is yet another option to win points.
It is worth mentioning that you will receive survey points immediately. As for other ways it can take from a couple of days up to 90 days to get the points. These points come from deals with their partners and it takes some time for security reasons.
The MyPoint application is available for both iOS and Android. Just installing the app will get you 100 points.
If you purchase two $20+ items within the first month, you will win 1750 points. The pending process takes up to 30 days.
There is also a BonusMail reward. It is an offer of some kind sent to your email. You will earn 5 points by clicking on it. If you decide to accept the offer you will win more points.
A referral program is highly rewarding. For any new member you refer, you will be getting 10% of their points. They will still receive the full amount of points. Moreover, if your friend makes a purchase worth $20+ within first 30 days, he will get 1750 points and you will win 750 points.
Is There a Downside
There’s always a downside. While MyPoints offers a large number of pretty easy ways to collect points, there are some frequent complaints.
Customer Support is the main target of the complaints. Many survey sites have inadequate customer service, but that’s the way to lose trust. Glitches are inevitable in this business. Good customer support is needed in these situations. However, it is not the case.
Many loyal members report a serious decline in the quality of services in last year or two. This is a worrying sign.
A threshold for cash payments is too high. It can take a while to collect $25. However, gift cards are available much sooner.
MyPoints exists for more than 20 years and that counts for something. I believe that they are a good and reliable site. Prodege, the parent company, should guarantee a high-quality service and even improvements.
On the other hand, it is obvious that as of lately they don’t live up to their reputation. So, you should be wary. Right now it is a good reward site more or less. I do believe that they have the capacity to improve, so I would give it a try.