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MyPoints is a popular rewards website that offers its members the possibility of accumulating points through numerous and quite different ways, in order to exchange them for prizes or cash.
However, before deciding if MyPoints proposes a legit and easy way to make money from your house, let´s study in depth how the site works and what the membership consists of.
MyPoints is an online panel that has been rewarding its members since 1996, and we must admit that this is quite a long time. So, they are probably doing something right, aren´t they?
Acquiring membership with MyPoints is available to everyone in US and Canada, and is completely free. However, if you do not live in the United States, you can still sign up for an account, but you should keep in mind that not all prizes will be available to you.
Once you sign up, you can immediately start earning points, and that´s what makes MyPoints stand out in the market of reward panels; it offers an incredible number of ways through which you can muster up points that will later be turned into gift cards, airline miles or cash, if that´s what you are up for.
Some of the many options that you have to add points are the following:
- Shop online—MyPoints has a list of over 1,900 popular retailers to shop from. If you are planning on making an online purchase through one of these, it is best to do it through the MyPoints website so you can redeem points that will vary according to your buying
- Read email—Once you sign up for MyPoints, you will start getting BonusMail that will reward you with points just for clicking
- Local deals—You can also earn points through Groupon, LivingSocial goods, and voucher purchase
- Watch videos—you can choose playlists that will reward you with a number of points daily when watched. You can both watch videos through your desktop/laptop and through your smartphone
- Search the web—If you use the MyPoints Yahoo! based web engine, you have the chance to win points randomly
- Print coupons—By printing as many coupons as you want and buying with them at your local store, you will be able to redeem points, as well
- Play games—Playing popular games can also be exchanged for points
- Referring friends—When you refer any new member to MyPoints, you will start getting 10% of their qualifying points. In addition, you have the opportunity to send unlimited invitations
- Surveys—Sharing your opinion in surveys aids with the MyPoints market research program and lets you add up points, too
Once you have enough points to redeem, which is 700 points ($5), you can exchange them for gift cards that include 70 top retail and restaurant brands, travel miles that get transferred to your United MileagePlus account, or a direct deposit to your Visa prepaid card or PayPal account, which can later be sent to your bank account.
MyPoints is so versatile that it even offers an option called Shop In-Store, which lets you redeem points for eligible purchases by uploading the receipt to your website account.
How does the survey system work?
The surveys, which is the most common way of getting paid through market research panels, are an easy way of making money, and through MyPoints, you can get paid with real cash.
When you sign up for a member account, you will be asked to introduce yourself by providing personal information; this will allow them to see which criteria you meet and send you surveys you can fill out and gain points with.
While answering the surveys, you will gain points for every 10 profile questions you answer. As with most paid survey sites, they will not tell you until you are answering the questions whether you match the correct criteria or not to be eligible for finishing the survey, which means that there is a possibility of being screened out before you are done.
However, MyPoints will give you half the points worth of 10 questions if you happen to not qualify, and you are able to try five different surveys a day to which you may not be suitable for.
You will also get SurveyMail, which is nothing more than a survey sent to your email address that will also add up points to your account balance when you finish it. Participating in online panels, and even testing new products at home are also part of MyPoints market research program.
The amount of money you can get for a survey will vary according to the survey´s length, but is never more than $6 per survey, and what is truly an admirable thing about MyPoints is that the survey points are available for immediate use, in comparison to other paid survey websites that make you wait up to 12 weeks before you see your updated balance.
Firstly, MyPoints has a functional app that you can download for both iOS or Android. Once you have installed the app on your device, you can immediately add 100 points to your balance.
Another thing that MyPoints offers is an internet browser bar called Score, which is quite useful when you are about to make an online purchase, as most people tend to forget to make the buy through the website in order to be eligible for redeeming points. This bar also offers new coupons and deals available to keep you up to date with promotions.
With MyPoints, you have diverse ways to add up points and exchange them for real money, and it is not only through shopping; playing video games and watching video playlists can sometimes be a good break from answering numerus survey questions. Also, some of the games randomly offer the possibility of big wins.
Although some of the methods to earn money, like coupons, take up to 90 days before showing up in your account balance, survey payments are immediately charged to your points, allowing you to acquire a gift card or transfer it to your PayPal account in a matter of minutes. This means that you can see real money in your bank account in as little as a week.
Finally, MyPoints offers you the chance to earn points solely by using a web browser, letting you muster up to 100 points a day for 41 searches you make.
MyPoints only works for those people who reside in the United States or in Canada, so if you are living in any other country in the world, this is not the right website for you.
Another disadvantage of MyPoints is that they do not seem to keep track of which surveys you have already completed, leading to receiving the same survey several times a week, if not in the same day.
In addition, to transfer your money to PayPal, you need to have at least $25 worth in points, which may not be much, but still demands quite some time. If one survey pays 50 points on average, and you need around 4,500 points before you transfer money to PayPal; do the math to figure out how many surveys you need to finish before that happens.
Along with this, the trade-off is not consistent and will be determined by what rewards you are choosing. Although for a $25 Applebee´s gift card you might only need 3,500 points, if you want to get one from Amazon, you will need to accumulate 3,750 points.
It is important to note that not too long ago, MyPoints was acquired by Swagbucks, and numerous members see this as the reason to why it is not such a good platform anymore as it seems that the reputation of the site has greatly decayed amongst users since that happened.
Complaints have been filled for not receiving proper customer service, having their accounts blocked, and not being rewarded any survey or video watching points; some users have reported not getting the gift cards they redeemed at all, while others have had too many problems transferring money to PayPal to bother trying again.
MyPoints is not a scam at all; they offer a platform through which you can acquire points by making purchases, watching videos, playing games, filling out surveys, and even browsing the internet.
Many use MyPoints to get gift cards and travel miles, although not too many seem to opt for the PayPal transfer method, which is the only one that gives you access to cash.
Although MyPoints appears to be a legit website, it is probably not the most suitable to make money. The platform is not consistent enough to guarantee that you will get the points you deserve, and the infinite customer service complaints are evidence of what you will receive if you try to contact them and make them respond for whatever is occurring to your account.
Nevertheless, if you want to give MyPoints a try, it will be up to you and how you decide to use it. Just try not to get too anxious if some points go missing, or if you happen not to be able to log in at all.