If you are looking for extra income, Swagbucks is a good option. Save for that long-waited vacation or that item that’s on your wishlist from home. Besides offering discount deals with their partner brands, Swagbucks also pays people to complete small tasks like answering online surveys or playing games.
All you need to sign up is a valid email and a PayPal account where your cash will be deposited. Swagbucks doesn’t require you to pay to sign up, nor does it offer a “premium” version that gives you more perks. Your earnings will ultimately depend on how much time you put into the program.
Swagbucks’ online platform lets you track your account’s completion, daily bonus, visitation streak, daily goals, and more.
The Pros and Cons of Swagbucks
What is Swagbucks?
Swagbucks was born in 2010 and is owned by Prodege LLC. It is one of the most popular websites for earning rewards to do stuff you do every day.
As you complete tasks, you will earn Swagbucks or SBs. One hundred SBs equals $1, although that may be different depending on the payout option you choose. Besides cash, you can exchange SBs for gift cards to places like Amazon, Walmart, and Target. If you don’t want to spend your earnings on yourself, you can donate them to organizations like the American Red Cross and Unicef.
How to Make Money with Swagbucks
It’s important to note that it’s tough to replace your full-time job income with Swagbucks. You’d have to invest time and sometimes money to make more than $1,000 a month. But, if you want a way to up your savings, it’s possible to earn at least $700 a year if you complete tasks daily.
Swagbucks makes it easy for participants to earn as many points as they can. For example, their new Magic Receipts feature lets you create a shopping list and get points by submitting your receipts when you buy at a participating store. Better yet, you can do this even if you buy your groceries online.
Disclaimer: You will not see your points right away. The crediting processing time for specific deals is approximately 32 days.
Participating stores include:
- Costco Wholesale
- Whole Foods
Other ways to earn with Swagbucks include:
- Answering surveys
- Shopping online
- Signing up for deals and free samples
- Watching videos
- Using Swagbucks search engine
- Playing games
The list below is from Swagbucks’ website and shows you how you can make almost $2 by completing simple activities.
- Answer daily poll: 1 SB
- Upload receipt for a purchase made online or in-store: 4 SB
- Attempt 3 online surveys, completing one: 153 SB
- Complete daily SB earning goal: 3 SB
- Discover offers and deals, signing up for a free newsletter: 30 SB
- Watch videos – watch three short video clips about current events or entertainment: 5 SB
You would earn 196 SB or $1.96 for the day if you do these activities – adding up to $715.40 extra a year if you did it every day. But if you’re going to be shopping online, browsing the web, and play games, you might as well gain a few points that you can later redeem for cash or Amazon gift cards, right?
But in reality, users usually make about $25 to $100 per month. Of course, users have made the occasional $10,000 a month, but it takes a lot of dedication, as we said before. But hey, if you are up for the challenge, we say, go for it. Just don’t jeopardize your chances of having a stable job for Swagbucks.
Swagbucks: Is it Legit?
Swagbucks has a rating of 4.3 out of 5 on Trustpilot, a website devoted to fostering trust between businesses and consumers. There are almost 23,000 verified reviews, and 65 percent say the platform is excellent.
Most reviews are from happy customers who have won gift cards and cash back through the app. Complaints are usually about a user not uploading their receipt or that some surveys take a long time to complete.
Also, Prodege, the Swagbucks company, has an A rating on the Better Business Bureau website.
The Apps on Swagbucks
One downside of Swagbucks is that, instead of gathering all activities in only one app, there are four: Swagbucks Live for trivia, Swagbucks Answer for surveys, Swagbucks Watch for videos, and Swagbucks for the general platform. You will need to log in to your account on all these apps. But once you do, you can start earning points while you’re waiting for the bus, take a break, or are simply bored.
Swagbucks: Is it Legit?
You can find a lot of information and Swagbucks hacks on the Reddit forum or Facebook Groups like this one that has more than 36,000 members.
Also, Magic Receipts make it simple to earn more points with your groceries. For example, you can get 2 SBs for every lettuce, strawberries, fresh tomatoes, avocados, and more. Other apps do the same, but if you are already using Swagbucks, you should take advantage of this feature to reach your goals faster
You can also earn points by referring friends. You’ll get 300 SBs for every person that uses your referral link to sign up. They will also earn 300 SBs, so you can use that as an incentive to convince them to join.
Swagbucks: Is it Legit?
There aren’t many downsides to Swagbucks other than the fact that you can’t count on it to be your primary source of income (we wish!). However, in helping them collect buying data, they help you save and make money.
Although it might take time and commitment to see the results, we believe it’s worth giving a shot.