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Perk TV is one of the most popular and highest-paying rewards apps out there, but it’s constantly being updated and changes are frequently made. The earnings potential it once had may be slightly different than what it is today. We’re going to do an update on what you can earn for 2016.
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What Is Perk TV?
Perk TV is an app that pays you to watch video ads on your phone. The reason why this app is so popular is for two main reasons: there is no limit to the amount of videos that you can watch, and you do not have to click a button in order to go to the next video.
After about two hours of watching videos, a pop-up screen will appear asking ‘Are you still watching videos?’ You must click a ‘Yes’ button for the videos to keep playing. Up until this box appears, you’re essentially earning a passive income for a couple of hours without the need for any interaction. Keep in mind that it clearly states in Perk’s TOS that you are required to actually watch the ads play on your phone.
The type of ads that play are either video trailers are app trailers that last about 1 – 2 minutes each. We suggest only watching app trailers due to their shorter length. This allows you to go through much more videos in the same amount of time, thus increasing your overall earnings.
Each time you finish a video you earn a certain amount of points that can be later exchanged for cash prizes such as gift cards, deposits to PayPal, BitCoin or for other cool prizes. The value of your points entirely depends on what you’re cashing out for, but in general 1,000 points is worth $1 USD.
How Many Phones Can I Use?
Perk doesn’t explicitly say how many devices you can use at a time, but from personal experience and after browsing multiple Sub-Reddits, the general consensus is that a user can use up to 5 phones per account. Instead of using just one phone, you might as well use 5 to get five times the amount of earnings if you happen to have spare phones lying around.
If you try using more than 5, Perk may get suspicious of how much you are earning and ban your account. For those of you who have a really fast internet connection in which video ads load very quickly and you want to be cautious, it might be best to just use 4 phones to avoid any sort of suspension. However, Perk is usually willing to give their users a second chance if you happen to violate their terms.
How Many Accounts Per Household?
It clearly states in the Perk FAQ that you can only have a maximum of one account per household and that if you get more than one account under the same IP address it will require some form of government identification. They only need to see your name and photo ID, so feel free to black out any pertinent information.
If you don’t feel comfortable about giving out this personal information, we suggest sticking with just one account. However, if you want to get your roommates or family members involved, just be aware that Perk will most likely ask you to provide more information so they know that you’re not just scamming them for more money.
How Much Can I Earn With Perk In 2016?
This article is being written in April of 2016, and Perk updates their app on a fairly frequent basis. We just want to forewarn you that these earnings can change at any time.
In order to test how much we could make, we watched 20 videos in a row to see how much we earned per video. Most of the videos paid out a measly 1 point per video, but there were a couple that paid 2 points. All of the videos that we watched were app trailers.
You can see our results in the table below:
As you can see from the experiment, there was only one video that awarded us 20 points. From this we can conclude that most videos will only pay 1 point. It took a total of 8 minutes for all 20 videos to play on 5 phones, and this was using an incredibly fast internet speed.
If we calculate this out, we find that we can earn 3,780 points per day, or in other words $3.78 USD per day. If we calculate this out to an average of 30 days in a month, our earning potential is increased to $113.40 per month. That’s not bad for a minimal amount of work (clicking a few buttons every two hours).
Keep in mind that your earnings may decrease if your internet speed is slow or if you have fewer phones. However, based on our calculations, we can safely assume that you will be earning $20 per phone each month with a decent internet speed. This also assumes that you are there every time the ‘Are you still watching?’ pop-up appears.
Which Phones Should I Get?
There’s been a lot of debate about which phones should be used for Perk TV and whether it’s worth it to buy any phones at all. We’ve written in the past that it’s best to go with LG Fuels, and our argument still stands strong. The Perk App still plays well on these phones, and they only cost $20 – $30 on Amazon. In a month’s time you will have made your money back.
If you’d like to be a little bit cautious before going out and buying 5 new phones, start with just one. After a month (once you’ve earned around $20), buy your second one and so on. The LG Fuels are a bit on the slow side, so you may not get through as many videos as you would with a faster phone. If you’re willing to spend a bit more cash on a decent phone, our next suggestion is a used Moto G for just $50 on Amazon Warehouse.
Tip: The better your phone, the less likely it is to crash. I’ve had times in which I’ve needed to restart my LG Fuels, and after about 9 months they tend to die from constantly playing. A better phone will result in less crashing and thus higher earnings. Used iPhones definitely work the best, but they are a bit pricier.
Cost Of Maintenance
Contrary to popular belief, the cost of maintaining your phones is very minimal. The only real cost you have to worry about is paying for a decent internet connection. Now with Comcast, you can usually get this for just $40 a month, and sometimes cheaper.
The one thing we do want to mention is that Comcast (a residential plan) usually has a cap on the amount of bandwidth used at 300 GB per month. Running one phone for a month straight will use up about 50 GB, and running 5 phones will total at 250 GB. Check with your internet service provider to see if there’s any restriction on how much data you can use. There’s also a low bandwidth option within the app that we recommend turning on.
The cost of electricity is very low as well. If you were to run these phones constantly for a year, you’d spend about $5 in electrical costs per phone. This was calculated using an energy use calculator.
Unfortunately, the $113.40 per month in earnings off of Perk TV is quite a big drop from our 2015 earnings. However, this is still a big chunk of change that I’m not willing to lose, so I’m going to keep running my phones for as long as I can, especially before earnings drop any more. No longer are the days that allow you to earn up to 4 points per video.
If you’re interested in earning even more from Perk, you can read our Full Perk TV Guide and also brush up on the 11 Perk Apps that will earn you cash. We’d love to hear if you have any thoughts or comments about Perk TV. Otherwise, thanks for reading and happy frugaling!