Looking for a honest MyPoints Review? Or are you simply wondering if MyPoints is a scam, that only seeks to serve the creators? MyPoints is a paid survey site that incentives you to complete servers, shop at particular stores and provides promo codes. Recently I have review a long list of paid survey sites, those that were not scams made you little money, and the rest just used your information to make money for the creators. A few of these programs included BonusJunkies, Flash Rewards, Viral Dollars, Viral Pay, and more recently GrabPointsand ZoomBucks.
Most of these programs are just “dashboard money” sites that offer massive incentives, but fail to pay out. To be honest legit paid survey sites are a great way to make a little pocket money but that’s it. They are not work from home opportunities and wont help change your financial future. Will MyPoints end up being another dashboard program, or is it a way you can make money online. In a moment we will find out!
But First A Little About Me…
In early 2019 I started Affiliated Success after months of countless scams, and wasted time in my own journey to find the best way to make money online. It wasn’t until I had a chance encounter with the creator of my number 1 recommendation that I started to gain traction and created a profitable online business.
From then I decided I want to share what I had learnt, and also uncover all the future scams in the industry so you did not have to go through what I had to. The fact of the matter is, making money online is not that hard. It just requires commitment and dedicated work. If you fail to understand building a successful online business requires consistent work and commitment you will continue to fail – no matter what program or system you use.
My number one recommendation is one of the most successful programs I have ever come across. It has helped me make the most money online and taught me how to do it without spending any money. If you are serious about making money online, you have to check this out. You may even recognise the founder if you have read my Affiliate Bootcamp Summit Review (hint he features as one of the experts on the panel).
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In this MyPoints review we will take an in depth look at the program, review any redflags and ultimately discover if it is in fact a scam or a legit program that can make you money online. I will answer the following questions, feel free to skip ahead if you like!
- Who Is Behind MyPoints?
- What Is MyPoints About?
- How Does It Work?
- Can MyPoints Really Make You Money?
- MyPoints Red Flags
- MyPoints The Verdict – Scam or Legit?
MyPoints is a program that offers its users numerous promotions, cash back opportunities and paid surveys to make money. There are countless programs in this space which offer all the same opportunities. Those that are legit offer small incentives, such as $1-$5 to complete a survey. All scams have one thing in common – large pay outs. We are talking $30-$50 to complete a survey, download an app or write a review.
Whenever I review a program one of the aspects I look at is the economics. All programs are made for one reason, to make money. So when we consider the incentives offered, the program itself need to make a lot more money than you do for that particular task. So programs offers $30-$50 for you to complete a 5 minute survey must somehow be making $100+ for you do to that. NO ONE would paid anyone that much money to complete a survey – it just doesn’t make sense! So without any further ado lets first look at who is behind the program!
One of the first things I like to do when I do a review is to take a look who is behind the program, course or system. My favourite way of explaining why is the analogy of the overweight and unhealthy personal trainer. Would you take personal training and nutrition advice from a personal trainer that doesn’t practise what they preach? Morbidly obese, eating bad food constantly it doesn’t instil much confidence in their knowledge. If it works, why wouldn’t they be doing it?
In the same vain we can apply the same test to these programs. Whether it is they do not have the outwardly project the success you would expect. Or they do, but they appear to be succeeding doing something completely different! MyPoints and it’s related trademarks, “MyPoints” and “BonusMail” are the property of MyPoints LLC and Prodege LLC. According to Crunchbase, an online software service that provides indepth analysis’s of companies for investors, MyPoints Inc was first founded in 1996.
According to the site, MyPoints was founded by Dan Kihanya and Noah Doyle. In April 1999 they completed a Series E funding round securing $10 million in funding. Both founders are now with different companies after an acquistion by Prodege LLC for $13 million in April 2016.
Prodege is an internet and media company operating in the same space and to date has over 100 million members across at least 4 other programs and companies. It is clear this program is lead by a legit company that offers real opportunities to its members. So I think it is safe to say we are pretty close to stamping this one as a legit program!
At first glance the website promotes MyPoints as a rewards program, and offers a $10 gift card as a welcome bonus for signing up. The whats in it for them is you must spend $20 or more, excluding taxes and shipping, in your first 30 days of signing up. MyPoints members get up to 40% back with every purchase they make at 2000 retailers including Walmart, Best Buy, Home Depot and Amazon.
These are some massive companies, which means you can actually earn points, unlike smaller rewards programs that only earn you points with niche stores. In addition to this MyPoints also offers paid surveys, which really is what everyone here is interested in. Rewards programs are great, but they don’t make you money, they just save you money. But they are also massively profitable and highly effect marketing machines for those who are behind them. Anyone who chases points and rewards may end up spending more, buying more expensive models, or redeeming offers they never would have done so in the first place.
Various sources have reported you can earn about $1-$2.50 per hour completely surveys – so no one will be quitting there day jobs over that! My experiences which I will go through in a but later verified this. However it also depended on what gift cards you wish to get, or if you wanted cash. As the gift cards prices vary across the different companies, and promos often give you the ability to redeem your points for items that make your points worth more. So how does it all work?
As I suggested earlier the rewards program is fairly self explanatory. You spend money making purchases you normally would or are convince to do so, and earn points for it. Depending on the company, what promos they are currently running you can earn up to 40% back for purchases. To earn your points you shop through the MyPoints website, which gives you access to all the latest offers, coupons and promo codes for the businesses they have teamed up with. By clicking their links and making your purchase you receive points, but in doing so MyPoints gets the credit for the sale. In essence it is kind of like affiliate marketing links, MyPoints do all the work, and they will receive compensation or a percentage of the revenue from the businesses they refer to you.
The members dashboard itself is quite easy to navigate and lists all the stores that may interest you. You can also click through to current deals, coupons and the paid surveys. Along with a tally of your current points and daily tasks you can complete to get more points.
In terms of the paid surveys themselves, the tricky part in reviewing how much you can earn, is you need to be eligible for the surveys. Whilst their may be countless surveys on offer, you may only qualify for 10% of them. I spent 2 hours going through all the surveys I could and see whether I was eligible and how many points I could earn in that time. In total there were 43 surveys I tried to participate in, and I was able to qualify for 4 of them. Not an amazing run rate. So how much did I make, and how much could you earn from MyPoints? Lets take a look!
So in terms of making money, I think its important I make the distinction clear on what I will be doing when reviewing how much you can make. I will not be looking at how much you can save, and taking that into account for your “earnings”. With these programs the rewards and “money” you can earn is often massively propped up by cash back offers and promotions. This isn’t really an earning, but just a saving. Whilst saving money is awesome, and means ultimately more money in your pocket, its not extra money earn’t.
This means that the only portion of MyPoints to look at in depth is the paid surveys. MyPoints has a feature to encourage you to take these surveys by offering bonus points for a limited amount of time each day. Below is a screen shot, and as you can see you could earn close to 200 extra points if you took these surveys.
In my trialling I discussed earlier, in 2 hours I was able to earn close to 800 points. The previous rewards programs I have reviewed were fairly simple when looking at value. Points equalled a certain amount of dollars. For example ZoomBucks pays $1 per 1000 points. My Points operates similar to a credit card rewards program. Your points vary in value depending on when how and with who you redeem them with.
If you were to redeem your points for money, instead of a gift card, you need 3970 points minimum which will get you $25 on paypal. That will value your points at $0.006 per point. For gift cards as I said it depends on the time and with who you redeem, some examples are below and were available at the time of writing
- Amazon Gift Card – 790 points gets you a $5 gift card, valuing your points at the same as paypal, $0.006 per point.
- Nike Gift Card – 700 points gets you a $5 gift card, valuing your points at $0.007 per point.
That is just two examples, but they do vary from company to company. $0.006 to $0.007 difference may seem inconsequential, but as a percentage it equates to a 15% difference, so is a fairly significant difference. The moral of the story there is, spend your money wisely! Take advantage of the specials and promos to get the most out of your points!
The good thing about MyPoints is there are no redflags as far as I can tell. In conducting my reviews I like to look at 4 general areas as red flags that can point the the program being a scam.
- Are the founders, or company behind the program real and verifiable.
- Does the program make wild and over zealous income claims.
- Are testimonials real and verifiable.
- What does the internet say?
MyPoints clearly has a legit and authentic company behind it and definitely does not make any crazy income claims such as “Earn $500 a day” or give offers of $50 up for you completing a survey. This program does present any of its own testimonials, but scams often use freelancers from sites like Fivver, Upwork or Freelancer to do paid testimonials. They are very easy to pick.
In terms of what the internet is saying, with any company what we expect to see if generally favourable reviews with scatterings of negative reviews. No company is infallible so if we saw 800 5 star reviews it may seem a little suspect. On the opposite end of the spectrum countless negative reviews would raise alarm bells of a scam. If people are getting scammed they want everyone to know!
The reviews I found were all mainly positive suggesting a nice number of surveys available, great redemption options and awesome customer support. Those that were negative generally centred around availability – you can only sign up in the US or Canada (I had to have a friend sign up for me from the US). The $25 minimum for the paypal redemption option and other case specific issues. All in all, nothing to be alarmed about at all. With all of that in mind, what is my verdict of MyPoints?
MyPoints gets a thumbs up from me. This is clearly a legitimate rewards program and one of the more popular ones online. Does that mean I recommend it to make money online? Well no. If you want to SAVE money on purchases you already make, and make some pocket money on the side from time to time, then yes I recommend it. But you will be making $1-$2 an hour at best, so I do not “recommend” it as a way to make money online.
As with all rewards programs and paid survey sites they are fun little programs that can earn you $50 here and there or save you money on something you always wanted to buy. But they are not, of course, an online money making opportunity. So my recommendation for MyPoints is it is legit, and if you want to make some POCKET MONEY then give it a go. But if you are hoping for a more lucrative money making opportunity, something that could turn into a full time career earner, then this is not the way to do it. For my recommendation on how to do that, read on!
How I Make Money Online…
I have reviewed literally hundreds of programs and systems over the years uncovering countless scams and some legitimate programs. My number 1 recommendation is always the program that has made me the MOST money online. This may change from time to time, but in all honesty my current number 1 recommendation has remained unchanged since I discovered it.
I met the founder, Jacob Caris, through a chance meeting and he instantly got me hooked on affiliate marketing and online business. Naturally when he launched his own program I jumped at the chance to sign up. Jacob has a long history in affiliate marketing, earning himself ClickFunnels Dream Car Content for having over 100 active ClickFunnel members. Following on from this he had multiple 6 figure payouts from affiliate programs, including a 6 figure day! Jacob currently features as one of the 16 super affiliates in the ClickFunnels Affiliate Bootcamp Summit program (Sign Up Here).
Jacob has developed a simple 3 step system for building a super affiliate business – you could say his resume definitely shows he is cut out for the job! It is aptly named Super Affiliate Accelerator. The great thing about his system is it does not require any tech skills, and can be used from anyone to a complete beginner to a seasoned veteran.
In fact it has recently been so successful I have started to see other programs scrambled and doing damage control as students are leaving to come to Super Affiliate Accelerator.
If you are serious about building a profitable online business, and growing to become a super affiliate this program is for you. Jacob does not accept everyone however. You must be willing to put in work, and be committed to succeeding – otherwise he will turn you away. Sound like you? Click the link below to get started.
Check Out My Number 1 Recommendation For Making Money Online. This Simple Program Has Made Me The MOST Money!