Smith 
Update: As of January 2020, MySurvey has been rebranded and is now called LifePoints. Existing MySurvey account holders can still log in using their current credentials.
Thanks to the Internet, there are countless ways to earn a bit of extra money without leaving your couch. Finding the right method for you is key. Some might prefer selling on Etsy or becoming virtual assistants, while others find completing surveys a good option. There are many websites that pay you for your opinions through surveys. Each has its own perks and payment methods, so it’s important to choose wisely.
One of the well-known survey sites is MySurvey, which we’ll be discussing for its positives and negatives.
Is MySurvey Legit?
MySurvey, originally known as the National Family Opinion organization since 1946, has evolved significantly. Initially, they gathered opinions via phone and mail. By 2001, MySurvey was created to broaden their reach. Then, in 2010, Lightspeed Research acquired MySurvey, further expanding its global presence. With the help of the Internet, MySurvey became a prominent survey provider. In 2012 alone, they distributed over $15,000,000 in rewards worldwide. So yes, MySurvey.com is legitimate.
How MySurvey Works
Getting started on MySurvey is simple, even for beginners. The website guides you through creating a profile with your basic information, followed by completing around ten short questionnaires. These help MySurvey determine which surveys to send you. Survey payouts vary from $0.50 to $1.25, depending on their length and topic. Longer surveys naturally offer higher rewards. Once you accumulate enough points, there are several ways to cash out.
One downside is that you need at least 1,200 points to cash out. However, reaching this threshold shouldn’t take long. The most common cash-out method is transferring money to your PayPal account, with 1,200 points equating to $10. For 1,800 points, you earn $15. This process can take 4-8 weeks, which is longer compared to some other survey sites like Pinecone Research, where payment is quicker. If you’re not in a hurry, this wait time isn’t a big issue.
Other cash-out options include purchasing gift cards from numerous retailers, making charitable donations, or buying merchandise. For instance, 1,000 points get you a $10 gift card or a donation of the same amount.
Not Just Clicking Surveys
You can earn points beyond just completing surveys by referring friends and family to MySurvey. Each referral earns you 150 points, with no limit on referrals. Additionally, long-term participants may be chosen for product testing, involving using a product and answering questions about it. Monthly sweepstakes offer another way to earn, with one active member randomly winning 10,000 points.
Pros vs Cons of MySurvey
With many survey sites available, MySurvey presents some noteworthy advantages and a few downsides. The surveys are generally quick and straightforward, with experienced users reporting 5-10 minutes per survey. Regular users might receive 8 to 10 surveys weekly, offering more opportunities than some other sites.
However, MySurvey’s significant drawbacks include long payout delays and complaints from long-term users about disappearing survey invitations. Active members need to login regularly to maintain their standing and receive more survey opportunities.
MySurvey – What You Need to Know
MySurvey is a trusted name in the survey world, allowing users to earn money in their spare time. While it’s not enough for a significant second income, it’s a decent way to earn extra cash doing quick surveys during breaks.
If MySurvey doesn’t suit you, there are many other survey sites to explore and compare.
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Summary of MySurvey
MySurvey is a veteran in the online survey industry, offering a platform to share opinions in exchange for rewards. It covers a wide range of topics, aiding companies in product development and market research. Its user-friendly design makes it accessible for newcomers, and its transparent reward system builds trust among users.
Pros:
- Diverse survey topics that match user interests.
- Transparent reward tracking.
- Easy-to-navigate interface.
- Reputable history in the survey industry.
Cons:
- Limited earning potential.
- Possible survey availability issues based on demographics.
- Minimum redemption thresholds can delay cash-outs.
- Privacy concerns typical of survey sites involving personal data sharing.
