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If you have an extra 5 – 10 minutes to spare, it never hurts to earn a few extra dollars by taking a quick online survey. MySurvey is one of the most popular online survey sites on the web that’s absolutely free to join.
Yet sometimes it’s difficult to tell whether these online survey sites are actually legit scam. That’s why we decided to write this article.
We’re going to break down MySurvey and tell you exactly how much you can earn, how much effort and time is needed and whether it’s worth your while.
What Is MySurvey?
As mentioned above, MySurvey is a free online survey site that pays its users for sharing their thoughts and opinions on products and services.
The reason they were able to pay their users over $32 million USD in 2014 is because companies are willing to pay lots of money for this information.
Each time you take a survey, you’re rewarded a certain amount of points. These points are then exchanged for cash prizes such as direct deposits to PayPal or gift cards to popular retailers like Amazon. You’ll also have the chance to enter sweepstakes drawings.
For those feeling extra generous you can also donate your earnings to UNICEF.is completely free and is currently only available to those who reside in the US, the UK or Australia. Let’s take a quick look at the summary of pros and cons:
- Registration is completely free and is available to those residing in the US, UK or Australia
- You are told how long each survey takes and how much it pays before you actually start taking the survey
- MySurvey will typically tell you within the first couple of questions whether you qualify for the survey or not. This way, you won’t be halfway through a survey only to tell you that you can’t finish it
- Cash outs can be made to both PayPal, gift cards and donations to UNICEF
- Most surveys are short
- The more surveys you take, the more surveys you will be given along with an increase in pay
- The daily poll is an incredibly quick and easy way to get free sweepstakes entries
- Surveys are interesting
- When starting out, don’t expect to earn anymore than $8 per hour – this amount should increase with time as long as you keep taking surveys
- Not available to countries outside of the US, UK or Australia
- Some MySurvey users complain that the minimum balance of roughly 1,000 points is too high for a minimum cash out
- Processing time for a cash prize can sometimes be lengthy, although we’ve never found a report in which someone wasn’t paid
- Based on the amount of surveys available, it’s difficult to earn more than $30 per month
- Difficult to win anything from sweepstakes entries due to the vast amount of participants
Is MySurvey A Scam?
Out of all of the times that I’ve used MySurvey, I’ve always been rewarded my points. Not only that, but payouts have always been sent to me, even if they may take a couple of weeks. MySurvey is one of the most trusted online survey sites on the web and has been going strong since 2001.
What Are The Surveys Like With MySurvey?
The great thing about MySurvey is that before each survey, they tell you how much time it will take and how many points you will earn. This allows the user to gauge if he or she has enough time to complete it and whether it’s worth their time.
Ever take a survey to be halfway done only to tell you that you don’t qualify? MySurvey is also great in the fact that they will warn you quite quickly whether you fail to meet the eligibility requirements quite quickly when taking a survey – usually within the first couple of questions.
Surveys are typically multiple choice and are divided into two different types:
- Top Priority Surveys – These surveys should be completed as soon as possible since there’s a limited time in which you can complete them. The sooner you finish, the quicker you’ll receive a new survey. These surveys award you with points that can be exchanged for cash prizes.
- Lifestyle Surveys – Instead of awarding you points, these surveys award you multiple entries into MySurvey sweepstakes contests. On average, expect to get around 50 entries per survey.
Although they give you an estimated time limit, experienced survey takers can typically finish the survey a couple of minutes early. However, this doesn’t mean we recommend that you rush through the survey.
It’s important to answer the questions as honestly as possible. If MySurvey finds out that your responses are inconsistent, you run the risk of having you account suspended.
Participate In Polls On A Daily Basis
If you want to earn even more sweepstakes entires, you can participate in the daily poll. This awards you with 5 entries and only takes a couple of seconds to answer. Definitely worth it since it takes such a short time to complete.
How Do I Get Started With MySurvey?
Registering with MySurvey is incredibly simple. In order to ensure that you don’t miss any details, we’re going to walk you through the process in detail.
Registration with MySurvey is 100% free and can be done by. In order to register, all you need to enter is some basic contact information such as your name and PayPal email. Don’t forget to confirm your email!
2. Take a survey.
Once you register and sign-in, you should have the choice of both lifestyle surveys and top priority surveys. As mentioned above, take the top priority surveys first. These surveys have a limited amount of spots, so it’s important to do them as soon as possible before they go away.
While you may not have a lot of surveys immediately available, the more you take the more will appear. MySurvey likes to reward frequent survey takers, and will gladly give you more opportunities to earn. Just be sure to be consistent with your responses.
3. Take the daily poll.
Taking the daily poll is one of the simplest tasks you can do with MySurvey. It takes only a few seconds to complete and gives you 5 free sweepstakes entries.
4. Cash out.
Once you reach a minimum balance of 900 points, you can cash out for a gift card of your choosing or to your PayPal account. 1 point is roughly equivalent to $.01 cent, but it really varies based on what reward your seeking. There’s no minimum requirements for sweepstakes entries.
How Much Can I Earn With MySurvey?
The amount you can earn with MySurvey depends on the amount of effort you’re willing to put into it. The more surveys you take, the more you will earn. 100 points is roughly equivalent to $1 USD. The value of your points will vary slightly depending on what you redeem them for.
On average, we’ve found that surveys typically pay anywhere from 30 – 100 points and take around 10 minutes. Also keep in mind that for experienced survey takes, surveys usually don’t take as long. We’ve estimated that you can realistically earn anywhere from $3 – $8 per hour when you first sign-up.
Yet for most users, this amount tends to increase for those who consistently take surveys since MySurvey wants to reward frequent survey takers. After becoming a member for a while, expect to make nearly $10 per hour.
Unfortunately for users from the UK and Australia, users from the US will have the highest chance of earning the most. This is because most of the companies that buy data from MySurvey are based in the US.
There Are A Limited Amount Of Surveys
Even though you can make close to $10 per hour with MySurvey, there are a limited amount of surveys available. For new users, expect around 10 – 20 per month depending on your demographics. From this amount we can conclude to make maybe around $15 – $30 per month.
Aside from simply earning points, a lot of the surveys also award you with sweepstakes entries. Even though the chances of winning are slim, we suggest participating since these entries are usually so simple to earn, especially with the daily poll.
Is MySurvey Worth It?
In all honesty, to determine whether MySurvey is worth it or not completely depends on you. It’s important to calculate and determine whether their payout rate is worth your time.
However, we do admit that survey sites like this are great for those times when you have nothing else to do at work or simple have a few minutes to spare while waiting.
We definitely wouldn’t recommend MySurvey to someone looking to get rich, but to maybe earn an extra $10 – $20 per month by taking a few extra surveys. Also keep in mind that if you do start, we suggest at least to keep going until you get around $10 since this is the minimum cash out amount.
Unfortunately for users from the UK and Australia, users from the US are most likely to earn the most amount of money. Yet this isn’t meant to discourage you if you are from these countries since you can still earn a decent amount.
One of the key benefits of taking surveys with MySurvey is that users tend to report that surveys are interesting enough to complete. This will ensure you to keep taking them in order to reach that minimum cash out.
Not only that, but surveys usually last no longer than 10 minutes. This means that even if you have just a short amount of time available, you can earn some cash. A lot of other survey sites have you take surveys that can last up to 30 minutes.
Other Great Survey Sites
Just because you signed-up with MySurvey doesn’t mean you have to stop there. There are plenty of other online survey sites like MySurvey, and some of them pay a lot better.
PointClub is one of my favorite online survey sites. Not only do they give you a $5 bonus just for registering as a new user, but they also have one of the highest payout rates at $7 – $15 per hour. The only downside is that they don’t have an unlimited amount of surveys.
PointClub also rewards users based on the amount of times they sign-in consistently. For every 5 straight days you log-in to your account, all of your earnings increase by 10% until you reach a maximum bonus of 100%. However, if you forget to log-in for one of these days the bonus resets to zero.
Registration is completely free, and you can even earn bonus points by following their Facebook page and entering their promo codes. Points can be exchanged for PayPal deposits as well as gift cards. Definitely recommended for serious survey takers.
While not as high-paying as PointClub, Survey Junkie pays quite a bit better than MySurvey. Expect to earn anywhere from $5 – $18 per hour with this survey site, but most of the time you won’t be reaching the high-end of that. We average it out at around $10 per hour.
There’s absolutely no cost to register with this survey site, and all answers you provide will go toward helping companies improve their products and services.
While there are a lot of surveys available, sometimes they aren’t worth it due to their low payout. However, this isn’t meant to discourage you from participating. Simply choose the surveys that pay well and you can make some decent cash.
Swagbucks is known as one of the most popular task sites around, helping you earn cash for watching videos, taking surveys, taking surveys, online shopping and more. While not the highest paying survey site, every so often there will be a survey worth your time and effort.
You’re told how much each survey pays before you actually take it. If you’re really interested in earning money with Swagbucks, we highly suggest watching videos for a nearly passive income.
Tasks that you complete reward you with points called Swagbucks that can be exchanged for cash prizes such as direct deposits to PayPal and Amazon gift cards.
Although not one of the highest paying survey sites out there, MySurvey is well-known since they can be trusted as a reliable source of income. They’re perfect if you have an extra 5 – 10 minutes to spare.
If you’vewith MySurvey, we’d love to hear about your experience down below. Thanks fore 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.