- Jun 14, 2018
By now, you probably have an idea what paid survey sites are all about - or at least what they promise in terms of making some extra income online. Most, if not all of them, partner up with corporations to get the kind of feedback about their products and services from people like you and me. This means these corporations are willing to pay us for our opinions, and the go-between them and us are these survey sites.
One of these sites is SurveySpot, which describes what they are all about this way: “When you think about it, it’s win-win; you get paid for sharing your opinion, while companies benefit from learning what their customers want!” But is it really a win-win situation for all involved? Let’s take a more thorough look at what makes SurveySpot legit, or a potential scam site.
What’s it all about?
SurveySpot, as I already mentioned, is an online rewards website that provides paid surveys from partnering corporations. They are a subsidiary of Survey Sampling International, a market research company specializing in data solutions. Basically, you get to complete surveys that are “matched” with you based on the info you provide upon signing up.
Is it a new site?
It’s been around since 2000, making it one of the longest-running paid survey sites in existence. They have an uncluttered, neat-looking website that right away gives a sign-up window, along with links about who they are, how their platform works, and the rewards you get for being an active member.
Is signing up free?
Joining SurveySpot is free, with no registration or maintaining fees whatsoever. Signing up means answering a few basic questions, accepting their terms and conditions, and then waiting to be matched with surveys that are a good fit with your background.
Will you get good extra income from it?
I would say your chances of earning at SurveySpot would roughly be the same as that of most other paid survey and online rewards site. You earn points, and if you reach a hundred points, you basically earn the equivalent of a dollar. Of course, the number of points you earn depends on how long and complex a survey you complete will be.
The rewards include PayPal cash-outs, Amazon and iTunes gift cards, and even airline miles from some partner airlines. There’s at least a good array of rewards choices, so I will give them that.
As someone who has considerable experience in joining paid survey sites though, I would have to say the number one complaint I have is not being able to qualify to answer surveys. Sure, many would argue that it’s based on demographics and geographics, but at least getting your foot in the door should be compensated, right?
SurveySpot promises members can earn even when they don’t qualify for a survey. This isn’t quite as straightforward or as easy as it sounds, though. What you get is a qualification for a quarterly $10,000 sweepstakes prize draw, with just one winner in every draw. So basically, with SurveySpot, patience is a virtue, and determination might just make you strike it rich...one day, maybe.
How do I start earning?
Points can be redeemed for Amazon or iTunes gift cards, or cash-outs via PayPal. Signing up as a member also immediately gets you qualified to be part of the quarterly sweepstakes.
How and how soon can I get paid?
Once you’ve earned 500 points, you can start redeeming your earnings for gift cards, or wait to cash out via PayPal with 1000 points. It’s not a high threshold for withdrawal, though not the lowest one I’ve encountered, either. PayPal processing seems to follow the usual number of business days, but then again, getting the minimum threshold to withdraw might take some time depending on different factors.
So is SurveySpot a scam? I would venture a cautionary “no”, because it’s been around long enough for members to have benefited from its platform, with proofs of payment to show. However, I’ve read enough member feedback to realize that the site has somehow changed directions as far as how much money you can earn doing surveys with them goes (as well as their lowered ranking with the Better Business Bureau).
Other reviews of this site are also a mixed bag. Some members vouch for the kind of extra money they make “in their pyjamas”, while others bemoan how they get screened out right in the middle of filling up a survey - thus wasting precious time and effort - or getting their accounts frozen altogether so they can’t even touch the earnings they’ve accumulated.
My bottom line is, it’s really up to you to weigh the pros with the cons, and to review and compare what this site has to offer against similar paid survey sites, before deciding to give it a spin.
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After giving you my SurveySpot review and feedback, I would now like to know your thoughts on this particular paid survey site, and what your experiences (positive or negative) about them might be. Share away!
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