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Unfortunately for all of our money-making app users out there, the king of the crop, Perk TV, has drastically fallen downhill. Due to a change in management and infrastructure, this rewards program has cut its rewards drastically. While the benefits of using Perk TV aren’t as good as they once were, we still can make a decent sum of money.
If you are unfamiliar with Perk TV, I suggest you first read the article This App Will Make You $250 Per Month In Passive Income – Perk TV. However, I will still give a brief synopsis of what Perk TV is and how you can make money.
We’re also going to cover how much money you can now make given their reduced points system and what this means in terms of monthly income.
What Is Perk TV?
For those of you new to this rewards program, Perk TV is a smartphone app that allows you to earn points by watching video advertisements on a continual basis. Advertisers pay Perk TV for each app displayed, and Perk is willing to give its users a portion of this money off to its users.
Videos usually last 1 – 2 minutes max. The best thing about these videos is that there’s no delay or manually processing needed in between each video. When each video finishes playing, the next video will automatically play without you having to do any work whatsoever.
Essentially, this means that you could earn points by simply leaving the Perk TV app on and then leave the room and still continue to make money. However, I must note that this goes against Perk’s TOS, as they state that you are required to watch the ads in order to receive credit for watching the video.
You can choose which type of video you wish to watch, either app trailers or popular videos. I always choose to watch app trailers because the videos are shorter, meaning you will earn money a lot more quickly this way. Unfortunately, iPhone users currently only have the option of watching popular videos.
The beautiful thing about Perk TV is that you don’t have to stop at one phone. Each account is allowed 5 phones, making your earnings go up 5 times as fast. Each household is allowed a maximum of 5 accounts, but Perk states in their terms of service that they may ask for government ID for accounts created after the first one.
How Much Can I Make?
In a previous article, we were able to calculate that we were able to make about $250 per month using the Perk TV app. This was essentially passive income because no labor was required, as you could simply let the phone run in front of you. Back in these good old days, if you were in the United States using this app, you would earn 2 points per video watched.
Yet due to recent changes within the company, you now earn 1 – 3 points per video. While Perk states that this give you a chance to “earn even more points per video,” we can easily figure out that they are spinning their words. Every 1,000 points you earn is equal to $1.
So I did a little trial experiment to see how much money I was actually making. I did a timed test of 25 trail videos in 10 minutes on 5 phones. Each time points were earned, I would write it down. You can see the results of my experiment by clicking on the button below:
|Video #||Points Earned|
As you can see from the experiment, most of the videos contained 1 point, quite a few gave out 2 points, but only 1 gave out 3 points. Do not believe Perk TV when they state that you now have the chance to earn even more points. You are earning a lot less per video in the long-run.
We were able to earn 34 points in 10 minutes. This comes out to be roughly $4.90 dollars per day or $147 dollars per month.
This number is nearly $100 less than the $250 we calculated from the previous versions of Perk TV. However, $147 dollars per month for basically doing nothing isn’t a bad deal.
Take note that Perk TV has changed their program so that now every couple of hours you must click a “Are You Still Watching?” button to show them that you are still watching. What I do is check my phones every 2 hours, press the button, and I continue to make a great supplementary income that’s almost passive.
The possible error in this experiment includes human error and the type of phones used. If I were to use more efficient phones
Which Devices Are Best For Perk TV?
After countless tries, any other phone at this price point is likely to crash very quickly.
The next best alternative is the LG Optimus 2 phone. It has the exact same specs as the LG Fuel, and is a great backup for if you ever find the LG Fuel is out of stock. It is currently running for $30 at Amazon and Walmart.
Remember: The better the phone is the more money you are going to make. Video loading time will be reduced and the likelihood of the phones crashing will also be greatly reduced. If I could afford it, I would make sure to get 5 iPhone’s running for my perk farm.
This article is merely an extension to the previous article we have listed about Perk TV. This article has much more extensive information about how to get the most money from Perk, what you can redeem for points and also best practices.
Unfortunately, Perk has cut their rewards system greatly, and let’s hope they don’t do it again. Any questions, please feel free to leave them in the comments below. Thanks for reading and happy frugaling!
My name is Jason Wuerch and I'm currently located in Madrid, Spain running a personal finance blog called Frugal For Less. My goal is to help everyone and anyone willing to make and save money through easy and simple ways that don't require much effort. Just because you're frugal doesn't mean you have to give up life's luxuries.