eRewards- A honest review of a REAL online Survey Company
We have all seen the banners, adds, links and pop-ups...work from home....make $5k per month filling out surveys....John makes $341 an hour in his underpants etc. Many of these are adds for online survey companies or for "clearing houses" that are set up to send you surveys. I would venture to say that 95% of these are scams in one way or another. At best, you just never get any surveys or, those that you do get are just spam...at the worst, they want you to sign up for credit card offers or other offers that require you to give your personal information or even pay money up front in some manner. I have been through my fair share of these, including many of the big ones like Cashcrate, and though I have not found any that are perfect, I have found one that I do like and that will actually pay you. eRewards.
Things I like about eRewards-
First off, you need to be very careful about how you sign up for eRewards. The reason that this is important is that MOST of the negative reviews I have seen about eRewards due to people not liking their options for redeeming their eRewards credits. The manner in which you sign up for eRewards determines, to a degree, how you can cash out. This being said, if you take the time to figure out how you want to be paid initially, before you sign up, then you should be in great shape. I signed up initially through U-Promise and have been using the uPromise/eRewards combo for almost three years now. About 3 times a year I accrue enough credit on eRewards to get a $50 payout into my UPromise account, this is AWESOME...eRewards has contributed about $450 to unborn childrens' education....all for taking surveys while I watch TV.
For those who have children, grandchildren, nieces, nephews etc and want to help them pay for college down the road but DO NOT know about 529 accounts and/or uPromise...take a look at my hub on uPromise and my hub on 529 accounts. I have done my best to make these topics easy to understand and give instructions on how to take advantage of them as they are about as close as you will ever get to FREE money!!
The sign up is very easy. You basically go through some demographic information about yourself that they will use to enter you into different panels. I get around 10 surveys a week. They range from information on marketing effectiveness (watching commercials or viewing ads and answering questions about them) to preference surveys about different products (seems to be a lot about fast food, alcohol, cars, insurance and investment products. The payout ranges from around $2 to $15 or so depending on how long and involved the survey. Usually you are asked a couple of qualifying questions to see if you are the type of participant that they want for that particular survey, the nice thing is that even if you do not qualify, you still get a partial payout just for answering the initial qualifying questions.
The payouts are tiered and are NOT a 1 to 1 payout. What this means is that $100 does not give you a $100 payout, it varies by the method that you choose for your payout, I always have mine contributed to my Upromise account and it used to be that $100 would get you $50 deposited into your account, now it is up to $120 but I have also noticed that I am getting more surveys than I used to and that the payout are higher than they used to be. Anyways, you are not going to get rich doing these, but they are a nice extra bit of money. My girlfriend and I both do them and over the past 3 years we have added approx $800 to our 529 accounts.
There are some things that eRewards could do better. For example, more surveys would be nice as would more options for redeeming your rewards. However, compared to the 20+ other programs that I have looked at or joined, eRewards is by far the most reliable, honest and easy to use.
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