Welcome to our series of Is this Website Worth It or Not.
MyPoints is an online rewards platform that allows users to earn points by completing various activities, including taking surveys, watching videos, shopping online, and playing games. It has been in operation since 1996 and is known for providing opportunities to earn cashback and rewards. Here’s a closer look at whether MyPoints is worth your time and its legitimacy.
Is MyPoints Worth It?
MyPoints can be a worthwhile option for those looking to earn some extra cash or rewards in their spare time. Here are some key points to consider:
Pros
- Diverse Earning Opportunities: MyPoints offers multiple ways to earn points, including surveys, cashback from shopping, watching videos, and playing games. This variety allows users to engage in activities that match their interests and time availability.
- User-Friendly Interface: The platform is easy to navigate, with a well-designed website and mobile app that enhance the user experience. Members can easily find and complete tasks to earn points.
- Low Redemption Threshold: Users can redeem points for rewards with a relatively low cash-out threshold. For example, users can earn a $10 gift card after spending $20 in the first month, making it accessible for new users.
- Sign-Up Bonus: New members often receive a bonus for completing initial tasks, such as taking surveys, which can provide an immediate incentive to start earning.
Cons
- Variable Earnings: While there are many ways to earn, the payouts for most activities can be low. Surveys often pay around 50 points (approximately $0.35) for completion, which may not be worth the time invested.
- Limited Survey Availability: Users may not qualify for all surveys, which can be frustrating and limit earning potential. Some offers can feel redundant or repetitive.
- Higher Point Requirements for Cash: The points required for cash redemptions, such as PayPal, can be higher than for gift cards. For instance, a $25 PayPal cashout requires 4,550 points, which is more than other gift card options.
Is MyPoints Legit?
MyPoints is considered a legitimate rewards site, boasting a 4.4-star rating on Trustpilot from over 23,000 reviews. It is owned by Prodege, LLC, a reputable company that also operates other rewards platforms like Swagbucks and InboxDollars. Users generally report positive experiences, particularly with the variety of earning opportunities and the ease of use. However, some users have noted challenges with the time required to accumulate points and the relatively low payouts for certain tasks.
Final Verdict
In conclusion, MyPoints is a legitimate platform that offers various ways to earn rewards and cashback. While it may not be a significant source of income, it can be a useful tool for those looking to earn extra cash or rewards while engaging in everyday activities like shopping and taking surveys. Potential users should be aware of the variable earning potential and consider their time investment when deciding if MyPoints is the right fit for them.