In today’s digital age, earning rewards and cashback for everyday online activities has become increasingly popular.
MyPoints stands as one of the pioneers in this field, offering users the opportunity to earn points through various online activities, which can then be redeemed for gift cards or cash.
In this comprehensive review, we’ll delve into what MyPoints is all about, how it works, its earning potential, cash-out options, reliability, pros, and cons.
What is MyPoints and How Does It Work?
MyPoints is a GPT (get-paid-to) site that allows users to earn points by performing a variety of online activities such as shopping online, taking surveys, watching videos, playing games, and more.
These points, once accumulated, can be redeemed for gift cards from popular retailers like Amazon, Walmart, Starbucks, and even for cash via PayPal.
Signing up for MyPoints is free and straightforward. Users simply need to create an account, which can be done within minutes.
Once registered, users can start earning points immediately by engaging in the available activities on the platform.
Roughly, 4000 points are worth about $25 when you redeem them via PayPal, so approximately 150 points = $1.00.
How To Earn Points on MyPoints:
Online Shopping (Cashback)
Users can earn points by shopping at their favorite online retailers through the MyPoints portal. By clicking on the retailer’s link from the MyPoints website, users can earn a percentage of their purchase amount back in points. This is also known as cashback.
Taking Surveys
MyPoints offers users the opportunity to participate in surveys on various topics. Users earn points for each survey completed, with the number of points awarded depending on the length and complexity of the survey.
According to MyPoints users can earn up to 2200 points per survey (about $15.00 give or take).
Playing Games
MyPoints features a selection of online games that users can play to earn points. While the earning potential from playing games may not be as high as other activities, it provides a fun and entertaining way to accumulate points.
Uploading Receipts
Snap pictures of any of your in-store receipts to earn points. Each receipt uploaded earns you 2 points.
Daily Poll
Participate in a quick daily poll to earn points effortlessly. Each vote earns you 1 point.
Referring Others
Invite friends to join MyPoints and earn a 10% commission on their points earnings.
Earning Potential:
Consider MyPoints as a supplementary income source, rather than a primary one.
On average, users can anticipate earning approximately $30 to $50 per month with consistent engagement.
Tasks such as surveys and watching videos usually yield a few cents to a couple of dollars per activity.
While earnings may vary, MyPoints provides a convenient avenue to earn extra cash or gift cards alongside other income sources, offering flexibility and additional rewards for users.
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How to Cash Out:
It’s important to note that MyPoints has a minimum cash-out threshold, typically around $25 (4000 points) for both PayPal cash transfers and gift cards.
Compared to some other platforms, this threshold may seem relatively high.
Indeed, there are Alternative Sites with lower minimum thresholds ($5-$10) that might be more appealing to users who prefer to redeem their earnings more frequently.
However, despite the higher threshold, MyPoints offers a diverse range of earning opportunities, which can help users accumulate points more quickly.
Once you reach the minimum threshold, you can choose to redeem your earnings as PayPal cash or gift cards from popular retailers.
Does MyPoints Pay Users?
MyPoints has been in operation for over two decades and has established itself as a reputable rewards platform.
Users report receiving their rewards promptly upon redemption, whether in the form of gift cards or cash via PayPal.
While occasional technical glitches or delays in point crediting may occur, overall, MyPoints is known for its reliability in paying users for their participation and engagement on the platform.
Pros:
- Diverse Earning Opportunities: MyPoints offers various ways to earn, including online shopping, surveys, watching videos, and more.
- Large Selection of Rewards: Users can redeem their earnings for PayPal cash transfers, gift cards, travel miles, and other rewards.
- Referral Program: Earn a 10% commission on the points earned by friends you refer to the platform.
- User-Friendly Interface: The platform is easy to navigate, making it simple for users to earn and redeem points.
Cons:
- High Minimum Threshold: The $25 minimum cash-out threshold may be considered high compared to other sites.
- Points Expire: Points on MyPoints expire after a certain period of inactivity, so users must stay engaged to avoid losing their earnings.
Conclusion:
MyPoints offers users a legitimate and reliable way to earn rewards for their online activities.
With a wide range of earning opportunities, flexible redemption options, and a user-friendly interface, MyPoints appeals to individuals looking to supplement their income or earn rewards for their online shopping and engagement.
While the earning potential may not be as high as some other platforms, MyPoints’ established reputation and prompt payment to users make it a trustworthy option for those seeking to earn rewards online.
Overall, MyPoints remains a viable choice for individuals looking to make the most out of their online activities.