When taking the online survey, participants have several choices to get their incentives from the companies. Cash, money transfers, gift cards, referral programs, donations to charity, and sweepstakes are the most often rewards. In the article, we will reveal the pros and cons of reward methods and suggest how to increase your earnings from online surveys.
Cash Rewards For Your Efforts
It is always lovely to see your account updated with cash that you can use for personal needs. Usually, online websites pay monetary rewards to their users through PayPal. The time and amount of money depend on the platform’s cash-out policy.
However, some survey panels do not provide a cash withdrawal option. Before taking the online surveys, you should check availability, thresholds, and cash-out limits. Usually, the withdrawal limit is between $5 to $10 on the survey platforms.
Money Transfers To Your Account
The online survey platforms to reward your efforts offer a direct money transfer to your bank account. It is convenient and suitable for those who prefer hassle-free payment methods and want to get money quickly.
Unfortunately, not all survey companies have this opportunity to make payments or have a high cash-out limit, which is challenging to reach.
Why Is A Gift Card An Excellent Reward For Online Surveys?
Gift cards are popular for survey takers because they offer simplicity and variety. You can choose your gift vouchers from famous online stores and brands worldwide.
In addition, gift cards are more convenient to redeem because you can exchange gift vouchers for cash and other incentives. Also, gift cards are easy to earn, and most platforms accept these tokens. So you can always sell them for money if you do not use them.
Many online survey panels provide surveys for Winner’s gift card like Toluna, Branded Surveys, Swagbucks, Pawns App, Ipsos iSay, Life Points, and others. The survey websites also reward participants with popular brands like H&M, Disney, and Nike gift vouchers or cash-back options. If you like shopping online, gift cards and vouchers are for you!
Referral Programs To Maximize Your Rewards
Almost all online survey websites offer referral programs for you to invite your friends or family members and get bonuses. The referrals help to spread the word and increase the audience of the survey panels.
Such paid online survey platforms like Swagbucks, Pawns App, Survey Junkie, Branded Surveys, Toluna, and others have referral programs for the participants. If you want to increase your collected points on the survey websites and redeem them into more cash or gift cards, you should try referral programs.
Donations To A Charity
Some people do not want to get cash or gift cards as a reward for their online survey effort. Instead, they want to contribute to a reasonable cause and donate to various charities. Their contribution will not be enormous, but even small sums can make a difference.
Sweepstakes To Win Great Prizes
Many online survey platforms allow users to win prizes during sweepstakes, which offer monetary or non-monetary gains. Sweepstakes are fun and offer you great money or other prizes.
However, there are no guarantees that you will get the money immediately after winning. The more lotteries you enter, the more chances you have of winning. When answering the online surveys, you should try taking part in sweepstakes.
How Can You Increase The Earnings From Surveys?
It does not matter which reward method you choose if you want to get more and maximize earnings from online surveys. There are some tips and tricks on how to boost your monetary gain.
Firstly, diversify the survey portfolio by joining multiple online survey platforms. When you sign up for different platforms, you can increase your earnings and compare the survey sites, learning their pros and cons.
Secondly, some survey providers do not limit the number of devices the participants can use. For instance, in the Pawns App, the users can use as many devices as they want. However, all devices must be connected to different networks with different IP addresses.
Finally, get focused on high-paying surveys rather than on the low payments. Look for surveys that pay decent money but take less time to complete. Also, be patient and persistent because online questionnaires take time and effort. The online surveys require attention and good time management skills to succeed in that side hustle.
Wrapping Up
Cash, money transfers, gift cards, donations to charity–you can choose between monetary and non-monetary rewards for expressing your opinion in online surveys. To increase your survey earnings, diversify the portfolio and join multiple survey panels because the more paid surveys you take, the more you earn.
Also, focus and be persistent when taking online questionnaires because they require your attention, effort, and time. We recommend researching survey panels before considering this side hustle as your money stream.