LifePoints Review in summary: LifePoints is excellent – a great choice to have in your repertoire. Great range of surveys and consistent payouts. We recommend signing up . We give it an 9/10.
Is LifePoints panel Legit?
Let us clear up your main worry, LifePoints is a completely legitimate company that offers paid participation in market research studies. If you choose to become a member, you will hopefully be chosen to complete real surveys and more importantly earn money for doing so.
It is free of charge to sign up and become a LifePoints member. It is a big green light when a market research company does not charge you to become a member and a great indicator of their authenticity.
When looking for a new survey panel to pocket a few pennies, it’s very wise to be cautious. For every legit get-paid-to platform, there’s probably at least one that doesn’t like to play by the rules. And that can cost you more than money. As the age we live in has taught us all too well, it’s pretty easy to trick us into giving away our personal information. And creators of fraudulent survey panels were very quick to learn that.
If you are wondering what sensitive information could you possibly disclose just by completing online surveys then you will be surprised. For one, your email address gives people, honest or otherwise, direct contact with you. This means that fraudulent emails from what looks like official companies such as your bank branch or health insurance provider can be sent requesting more serious information such as your national security number.
So, you’ve come across a panel called LifePoints. Is it legit? If it is, will it help you make some money? Chances are you aren’t there just because you like taking surveys. So, read on to learn everything I could dig out about this panel for our in-depth LifePoints review.
Take it from the horse’s mouth – the panel is run by a company called National Family Opinion (NFO). They weren’t born yesterday. In fact, they’ve been up and running ever since 1946. Today, they are known as Lightspeed, a global market research firm that conducts business in over 70 countries.
LifePoints themselves haven’t been there for long. Until a few months ago, they were known as Global Test Market. Which then merged with MySurvey and got a major makeover, and so LifePoints were born. Judging by the experience of their longtime users who have witnessed both stages, many things have changed, and not for the better. But more on that later.
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The panel brags about having over five million members to date. That’s huge, but beware! That number doesn’t say anything. Is LifePoints panel legit? While we have already discovered the platform is definitely legit, it hasn’t acquired so many users out of the blue. Rather, the users came as a dowry from the two wedded panels.
What is LifePoints?
LifePoints panel offers paid surveys and product testing opportunities to members all over the world. Members are expected to complete surveys honestly so that companies can better understand their clientele and make improvements to their products and services according to their findings.
LifePoints have a mobile app to make completing tasks easier for its members. Be aware that not every member will be sent paid survey opportunities, it all depends on the company conducting the research and what their criteria is.
How to Become a Member?
Your first step is to fill out your contact details – name, email address, gender, birthdate, and street address. You will then get a validation email. After you click through the confirmation link, boom – your first ten LifePoints are waiting for you.
That’s the better scenario. The worse is that you won’t be able to access your account. That’s exactly what happened to me. The message read: “Sorry, your membership is temporarily unavailable.” How is that possible? And what is the point in receiving points if I can’t access them? I did everything by the books, and they wouldn’t even let me in.
But let’s just consider this as a case of bad luck, and see what other members are saying. The ones that actually can log into their account, that is.
How Does It Work?
The basic model is simple, just like with most survey panels you might have had a chance to work with. You take surveys and provide your consumer opinion and feedback, as relevant and honest as it can be. Participants are expected to share their opinion about a particular subject or product, likes, and dislikes on a LifePoints survey.
LifePoints is a market research company. So your data go to LifePoints clients, not as an individual input, but as part of an aggregation of info that can influence their further business decisions and help them increase their brand exposure.
Types of Tasks
There are three basic types of activities that you can partake. All three are simple and common in get-paid-to platforms:
- Online surveys. These are relatively frequent, and topics include health, travel, sport, and other facets of your everyday life.
- Diaries. Occasionally, they will ask you to keep track of your behavior in a certain area – for example, shopping.
- Product testing. They send you a certain product, and you are supposed to provide feedback, including your opinions and experience with the product. There’s no need to sweat over it – they will ask questions, and you just have to answer them.
This sounds rather nice, but let’s jump to the most vital question.
What Will I Get in Return?
I know your preferred answer would be cash. But it’s a wee bit more complicated than that.
Your effort will be compensated with a currency conveniently called LifePoints. Maybe it’s an even better option than just getting cash, since you can redeem it for a variety of nice things:
- PayPal vouchers. It’s the single most useful and popular way to redeem your earnings.
- Gift cards for Amazon, iTunes, Starbucks, eBay. In case you are an ardent shopper with these services, it might be the second-best thing to do with your LifePoints.
- Charity donations
It is important to point out that most paid survey sites do not offer such a vast payment choice. In general, participants earn points through the standard points reward system. Those points can either be exchanged for Amazon gift cards or PayPal vouchers and in rare occasions cash.
They don’t say how many LifePoints you can get on average. Of course, it depends on the urgency and length of every survey. And of course, the more complete and up to date your profile is, the more surveys you are likely to get.
Note that your LifePoints won’t sit in your account indefinitely. If you are an active member, they will expire after three years. But if you’re not active, the expiration period shortens out to twelve months. Either way it is important to redeem your points as soon as possible to ensure they are not forgotten about.
- You can choose from cash, gift cards, or charity. And the cash goes through PayPal, which is very nice and convenient.
- LifePoints is a legitimate and trustworthy company that has plenty of LifePoints surveys for its members to complete.
- The cashout threshold is low, compared to most other panels. $5 shouldn’t be hard to earn, even if it’s all too easy to get disqualified. That means you will need about 5,500 points.
- You won’t have to wait too long for the funds to hit your PayPal balance. Up to ten business days is the maximum amount of time, as they say in the Help section on their website. That’s certainly very far from “immediately”, but it’s still shorter than in most other survey panels, which would have you wait for weeks or even months. This period also pertains to gift cards.
- Users from all over the world are welcome. They don’t pose geographical restrictions as most of their competitors do. You can join if you’re residing in US, Canada, UK, Spain, Italy, Germany, China, Thailand, Brazil, and many more countries.
- Many users are complaining that their accounts were suspended when they were due for payment. What’s even worse is that they couldn’t get hold of customer service. So, you’re possibly in for a number of technical issues. And when you try to resolve them, there’s hardly anyone willing to help you out. Now, I am usually quite reserved when it comes to customer complaints – except when many people have similar claims, such as here.
- Disqualification seems to be a common issue. Of course, that stands for nearly every single survey panel I’ve ever had a chance to test. Still, it’s no less frustrating to spend your time on a survey and then get kicked out.
- LifePoints seems to be overall worse than its parent panels, Global Test Market and MySurvey. Users were generally happy with these panels, and there are reports of making hundreds of bucks with them. Sadly, things are far from being so bright with LifePoints.
There are hundreds of market research companies online that have paid survey opportunities for its members. The only problem when it comes to these sites is knowing which ones you can trust with your personal information.
We have compiled a list of alternative sites that you can join that are similar to LifePoints. If LifePoints doesn’t sound like the kind of company that you want to work with, or you fancy becoming a member of a few more sites too just for luck, then check out the sites below.
Global Test Market
Global Test Market is a market research company that has been around since 1999. They claim to be leaders in the industry with clients in over 60 countries worldwide.In one year they paid their participants more than 30 million US dollars, indicating that they have a fair amount of paid survey work for the right panelists.
Global Test Market pays its participants through a points system. These points can be redeemed for items from any of the 200 partners that the company has, for money through PayPal or you can donate your earnings to charity.
You can only redeem your rewards once you have 1,100 points. 1,100 points is equivalent to $10 USD. it is unclear how many points are rewarded for each completed survey.
To date, InboxDollars members have earned over $50 million through the completion of online surveys for companies conducting market research studies. They are incredibly reliable and recognized in the industry for paying their participants on time and in full.
What is the best thing about being an InboxDollars member? The payment of course! InboxDollars is one of the few companies that does not reward its participants with the traditional points system. Instead, it pays its panelists cash through PayPal. New members will receive a $5 bonus just for signing up.
InboxDollars doesn’t just pay its members for completing online surveys, it often pays its members to read emails, watch specific TV programs, watch videos online, shop at chosen retailers, complete surveys and more! Not only that but you can be paid for using their online search engine too. Not a bad way to make some money hey!
Maybe completing online surveys isn’t for you and liked the sound of making money while doing a bit of online browsing, shopping, and watching TV. If, so you should check out MyPoints.com. This too is a little bit different to LifePoints as you can make 40% cashback on online purchases in certain retailers.
MyPoints rewards new members with $10, sounds good right? You can redeem points for gift cards or for cash through PayPal.
This is a great site to be a member of because you can earn money just by doing your daily online surfing, grocery shopping, and even for playing games. LifePoints pays participants to surf the web through their browser in order to collect information for retailers and companies looking to fine-tune their advertising and products.
Swagbucks is free and easy to join. It is a highly recommended, legitimate market research site that has plenty of paid research opportunities. It has been in business since 2008 and has since then paid participants over $400 million US dollars.
As stated on their website, it takes only 10 seconds to sign up to their site. There are over 10 million active members of PrizeRebel to date and they currently have $976 worth of online surveys that need completing right now. They have a points system that can either be transferred into cash, or redeemed at Amazon, Robux, Apple store, Google Play and Playstation. PrizeRevel is one in a small pool of companies that have a direct bank transfer payment option too which is very convenient.
Survey Junkie is a very direct and to the point survey platform. Members that get selected to complete their surveys are paid for chairing their opinions and general thoughts. It is a great way of making a few extra dollars per day.
Most of its members get sent regular paid surveys to complete. Participants earn points depending on how long a survey took to complete, so the longer the survey, the more money you will earn!
We recommend becoming a member of more than one survey site. There are a few reasons for this, number one being that becoming a member of more than one site gives you a higher chance of being chosen to participate in a survey. Secondly, it is no secret that completing surveys can not sustain you and you will not be able to quit your day job. In order to make it worth your while, you are going to need to complete a handful of surveys per day.
Not all sites offer cash for completing surveys, most offer gift card rewards so use these surveys to pay for small treats or save them up. Just remember to check the expiry date so that you don’t lose your rewards completely.
Final Thoughts – Are LifePoints Worthy of Your Time?
From the safety standpoint, there’s nothing to be afraid of in my opinion. LifePoints is a legitimate and trustworthy panel.
When it comes to profitability, however, that’s an entirely different story. Even though there isn’t a single survey panel that would make you rich, some of them still try to make it worth your while. Judging by all the info I could get hold of, LifePoints are not one of them. Or at least, not yet.
Let’s just hope they get some time to collect themselves and fix the numerous issues with the panel. like their poor customer service and low payout. If that doesn’t happen, all those millions of users will have been for nothing.
But even if things don’t get any better, you shouldn’t regret it too much. There are many decent panels out there that will be more than happy to pay for your opinions. Happy hunting!