If you are reading this Swagbucks review, you have probably recently stumbled across the website or somebody has told you that you can make money from it and you are wondering if Swagbucks a scam or legit. Can you really make money with Swagbucks? In this review, I will be letting you know everything that I know about Swagbucks since signing up on the platform and giving you my opinion .
What Is Swagbucks
Swagbucks is at Get Paid To (GPT) website. That means that they pay users either by money or some other rewards to do specified tasks online. It is one of the most popular GPT websites on the internet. They have been around since year 2008 and considered by many to be the best GPT website around.
You will see on Swagbucks that they have been mentioned or featured by prominent online publications like Buzzfeed, PennyHoarder and a few others. While these claims can often be fake, Swagbucks has indeed been featured in those publications as a vote to its legitimacy. They have 15 million members from all over the world and have been around for more than 10 years which is always good sign when looking for online money-making platforms.
You can sign up for Swagbucks here.
Swagbucks Review Overview
Swagbucks is a good GPT platform, as far as GPT platforms go. They have a broad range of tasks that you can complete in order to get paid. Some of these tasks set them apart from the competition, such as watching videos or searching the web. Swagbucks also has a referral program where you can earn commissions from users that you refer to the program. All in all, it is one of the better GPT platform with some advantages and some limitations that we will discuss below.
If you want to know the particulars of how to make money on Swagbucks and how it compares to other platforms in the industry, continue reading.
How Does Swagbucks Work?
Swagbucks gives you various ways to earn their onboard currency, Swagbucks which is referred to as SB for short. You can earn SB in the following ways:
This is a fairly easy way of earning SB. It is done through certain offers that come through in your “Discover” feed. For example, you get paid SB for watching a 30-minute video. It is a simple process and you can do it while multitasking with something else. You will have to press play at certain segments while watching the video so at the least, you should have a small browser window open while the video is playing so you can press when the need arises.
Searching the web
You can earn for simply surfing the web. This is the easiest way to make money on SwagBucks since you are earning money to do something you do all the time anyway. If you use the search engine, you will receive up to 4 rewards a day and you will get a code to redeem your SB. To maximize the chance of earning maximum SB for searching the web, you need to make Swagbucks your default search engine.
The shopping option is only for those do online shopping. If you are here solely to make money, then you should avoid the shopping section as you need to spend money in this section and then get a percentage of your spend back. There are a host of shopping deals in the shop feed. Here you can do shopping and get a percentage back on what you spend. So only go here if it is for something you were already intending to buy.
Completing Online Surveys
For surveys, you earn points for answering a bunch of questions from different survey companies that have partnered with Swagbucks. You basically get paid for giving market researchers your opinion.
You can earn SB for installing certain apps on your phone or from reaching certain objective within a game. There are also in SB earning for in-game purchases that you make.
How Does SwagBuck Pay?
For all the tasks that you do on Swagbucks, you get paid in Swagbucks. When you have enough Swagbucks, you can redeem them for a cash value that you can withdraw to your PayPal account.
Along with PayPal vouchers, they have vouchers from Amazon and other retail stores such as Walmart.
Pros of Swagbucks
A lot of ways to earn money – There is a good variety of earning methods on Swagbucks and a good chance you will find something that you will tolerate.
Tasks that can be less cumbersome – Swagbucks is one of the few platforms that have tasks that while they don’t pay a lot, they are not cumbersome and don’t need you to dedicate too much of your mind to the task.
The majority of the tasks can be done on phone -This means that you don’t have to sit at a desk in order to take earn on Swagbucks and you can do tasks at opportune times when you have to wait, like at a transit station or before a class.
Cons of Swagbucks
Having to pay more for PayPal vouchers – Swagbucks says that 100 SB equals $1. The $5 PayPal voucher costs 700 SB and the other PayPal vouchers cost more SB. That means that if you want to cash out you end up losing money, which is leaves s bitter taste.
The referral commission is low compared to the competition – Compared to other popular GPT platforms, the Swagbucks referral commission is low, at half or less than what platforms like ClixSense offer.
What is better than Swagbucks?
In terms of earning money by doing online tasks and offers, Swagbucks is just about in line with what you can expect from GPT platforms. They edge that they do have over some of the competitors is that they have more a more ways to earn than some of the other platforms. When it comes to task, some of their tasks which are less cumbersome to do, give them a good advantage. In terms of bang for buck they are certainly the best proposition for doing online tasks.
Where they come up short is in the referral commissions. Given the fact that they are possibly the most popular and one of the biggest GPT platforms around, the 10% commission pales in comparison to what you can earn with other equally prominent GPT platforms. With Clixsense you can earn from a minimum of 20% of your referrals’ earnings. So if you are referring people, it would definitely make more sense to refer them to an equally good but better paying GPT platform such as Clixsense or PrizeRebel.
As far as GPT websites go, Swagbucks is one of the better ones. You can make some money there but not really enough to live on and pay bills. It is well suited for people who do not have high income expectations, like students or retirees. If you are looking for a way to earn a full time salary from home, check out My Number 1 Recommendation For Making Money Online.
Thank you for reading and I hope that you found this article helpful. If you have any questions or points of your own to add, leave them in the comments below.