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Do you know you may get paid to take surveys? It’s true! Whereas taking surveys received’t make you wealthy, sharing your opinions could be an effective way to earn extra cash from dwelling.
Right here is the “downside” although: There are dozens of paid survey websites to select from. It’s arduous to inform what’s legit and what isn’t.
Right now, I’ll evaluation one of many less complicated survey websites, LifePoints, and assist you determine if it’s price your time and vitality.
What Is LifePoints?
LifePoints is a web based 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 during the last yr alone!
LifePoints is operated by Lightspeed, an organization owned by the Kantar Group – who simply occurs to be the most important world shopper analysis and evaluation agency on this planet. Based as Nationwide Household Opinion, the group ran its first analysis shopper analysis research in 1946. As of late, LifePoints serves as a hub for market analysis and provides shoppers the chance to affect the way forward for services and products by sharing their opinions.
It really works like this:
- Firm X desires to know one thing about shopper preferences
- They rent Lightspeed to design a survey and acquire and analyze the info
- 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 price? Sometimes, every LifePoint is price rather less than a penny – but it surely 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 via 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 reputable on-line rewards platform for anybody over the age of 18. When you efficiently full surveys, you’ll get the promised factors. And when you’ve amassed sufficient factors, the rewards are actual.
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How one can Make Cash with LifePoints
Taking Surveys
There are a number of methods to earn LifePoints, however on-line surveys are the bread and butter of the location. You’ll be able to entry out there surveys if you log in to the LifePoints website—they’re on the house web page. LifePoints can even ship out survey invites by e-mail every month.
As I discussed earlier than, the reward price varies by survey. I had presents 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 primary behavioral questions designed to find out whether or not you match the audience. When you do, you proceed to the remainder of the survey. When you don’t, you’re screened out and directed to the top.
Signing Up
You’ll earn 10 LifePoints for registering and validating your e-mail handle and one other 10 for answering a number of questions on your family to match you to survey alternatives.
Product Testing
Every so often, LifePoints might mail members merchandise to check at dwelling and subsequently evaluation. This could be a enjoyable strategy to get hands-on expertise with a brand new product whereas incomes rewards.
Recording Behaviors
LifePoints might e-mail members habits diaries, asking them to maintain monitor of how usually they do sure issues. This information is used to tell services or products growth.
For instance, throughout a survey, I used to be supplied 1,000 LifePoints to file all transactions made with a bank card for a month.
Getting Paid
If you’ve amassed sufficient LifePoints, you’ll be able to redeem them in your alternative 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 notice that the worth of LifePoints are topic to alter at any time.)
If you wish to get the very best worth in your LifePoints, redeeming for a present card or a charitable donation of at the least $5 is the best way to go. If you redeem this manner, LifePoints are price about 0.9 cents every.
When you choose 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. Observe that the e-mail handle you used to register with LifePoints should match your PayPal e-mail. If it doesn’t, you’ll want so as to add the LifePoints e-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 price are. That is necessary as a result of you already know getting in how a lot of a time dedication you’re making and what the payoff can be. When you 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 an additional time.
Earn Rewards Quick – I like that you could money in your LifePoints for a present card with as little as 550 factors. Realistically, you might 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 well-liked 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 might not be necessary to you, however some folks like the concept of serving to inform product and repair growth.
Disadvantages of LifePoints
It Is perhaps Exhausting to Qualify – The aim of the surveys is to help market analysis, and generally the businesses internet hosting them are on the lookout for enter from a selected group of individuals. The primary few questions sometimes assess whether or not you belong to that group. When you don’t, you get screened out and don’t get the LifePoints. If this occurs a number of occasions 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 forth. 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, but it surely has since been discontinued in favor of the web site. That’s unlucky as a result of many individuals choose utilizing an app to launching a webpage on their cell phone. Right here’s the excellent news: LifePoints surveys are optimized for cell phones; I didn’t expertise any points taking surveys on my iPhone.
>>Associated: Finest Money Again Apps for Buying, Saving, and Rewards
Who’s LifePoints Finest For?
- Individuals Who Get pleasure from 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.
- Individuals Trying to Earn a Little Further Cash – When you’re eager to earn a number of additional {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 trustworthy: I don’t assume 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 spend money on a aspect hustle or a part-time job. LifePoints can match into even the busiest of life—even simply 5 minutes right here and there’ll finally add up.
Who Ought to Keep away from LifePoints?
- Impatient Individuals – When you lack endurance, you may end up getting aggravated if it’s important to try a number of surveys earlier than qualifying. It could be greatest to skip LifePoints and go for a platform like MyPoints that rewards different on-line actions like watching movies and looking.
- Individuals Anticipating Huge Cash – Paid survey websites are a great way to make a number of additional {dollars}, however you’ve gotten a 0% probability of getting wealthy from them. Individuals desirous to earn severe money ought to make investments their time constructing a profitable aspect hustle as a substitute of taking on-line surveys.
- Anybody Who Doesn’t Get pleasure from Sharing Their Opinions – LifePoints is primarily surveys, and to a lesser extent, product testing and habits monitoring. When you don’t get pleasure from sharing your views and opinions, it isn’t best for you.
The Verdict: Is LifePoints Price Your Time?
To determine if LifePoints is an efficient match for you, reply one major query: Do you get pleasure from taking surveys?
Not like another paid survey websites, LifePoints doesn’t reward its members for watching movies, gaming, or purchasing on-line. To profit from it, it’s important to be prepared to share your opinion via surveys. It will probably generally be arduous to qualify, so it’s essential be affected person, too.
The opposite factor to think about is how a lot free time you’ve gotten and the way severe you might be about incomes extra cash. If in case you have brief bursts of free time and wish to earn a number of additional {dollars}, taking surveys can fill the gaps.
Individuals with longer stretches of free time who wish to earn some severe money might make more cash pursuing a aspect hustle, a second job, or via passive earnings alternatives.
Have you ever tried LifePoints? Share your experiences with us beneath!
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LifePoints Assessment Abstract
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Level Worth
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Vary of Product Choices
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Rewards
LifePoints Overview
When you get pleasure from taking surveys, LifePoints could be a good strategy to earn additional money. Merely join free, share your opinion, and begin incomes.
The factors you earn could be redeemed for money, reward playing cards, and extra. You’ll be able to even donate your earnings to charity.
Not like different paid survey websites, nevertheless, LifePoints doesn’t reward its members for watching movies, gaming, or purchasing on-line. To profit from the location, you should be prepared to share your opinion via surveys solely. It will probably generally be arduous to qualify, so that you additionally should be affected person.
With that mentioned, LifePoints is a particularly simple strategy to earn additional money and rewards in your spare time. If this sounds attention-grabbing to you, it’s free to hitch and value contemplating.
