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Swagbucks is one of the oldest methods of earning some extra cash online with very little effort. Established in 2008, the company has now paid users over $500,000,000 and counting!
Still, you may be wondering, is Swagbucks legit? As someone who personally uses the platform and has gotten paid several times over, here’s my review to answer your questions and fill you in on how it works.
Is Swagbucks Safe and Legit?
So, is Swagbucks legit? Absolutely! But don’t just take my word for it. It’s easy to verify the payouts the platform has made thus far. Plus, you can visit both Trustpilot and the BBB profile of their parent company, Prodege, LLC, to determine their legitimacy.
There are so many get-rich-quick and pyramid schemes online now that it’s hard to tell what’s genuine and which programs are just more scams filling up the search engines. Because of all this clutter, it’s understandable that you might have some reservations about Swagbucks.
Rest assured that this program is 100% legitimate and a safe way to earn money on the web in your free time.
Like every business, there are complaints out there but if you look through them most have been resolved by the company.
I personally have contacted them a few times when some of my receipts did not pick up in-store purchases and they responded and gave me credit without any issues. Below is an example of one of those emails.
Is Swagbucks a Pyramid Scheme?
Swagbucks is the furthest thing from a pyramid scheme. Here’s why:
According to the New York State Attorney General, a definitive pyramid scheme is a “fraudulent system” designed to generate an income solely by recruiting an infinite number of “investors.”
In other words, it’s an endless cycle of promising people that they’ll get a specific result or benefit, as long as they continue to dish out their money based on your or your organization’s word alone. Swagbucks does not do that, nor do they sell members a specific product or service with continual fees or dues.
Instead, signup is completely free, and you can take advantage of as many or as few earning opportunities as you like. No recruiting is required although they will give you some extra Swagbucks when you refer your friends but it’s totally optional.
HOW MUCH CAN YOU MAKE WITH SWAGBUCKS?
In terms of individual earnings, Swagbucks has claimed that some members earned up to $12,000! Now, don’t get your hopes up too much – that amount of cash is highly uncommon. Members’ earnings usually stay within the range of $50 to several hundred dollars annually. Although, there are the lucky few that break the $1,000 mark.
So far, in my experience with Swagbucks, I’ve earned $586 (the equivalent of 58,644 Swagbucks).
It’s effortless to use and available whenever you need to make a few extra bucks here and there. My earnings come mainly from doing quick polls and taking advantage of their awesome in-store offers (more on that later). So I could definitely be earning a lot more if I took advantage of all they have to offer.
Here are some tips on what to expect from this program and how I earned over $580 dollars and counting.
HOW DOES SWAGBUCKS WORK?
There are several different ways to make money on the Swagbucks site or app. I only do a few of them but you can do as many as you want. Below is an overview of each option:
I love their in-store deals which are now called “Magic Receipts”, in the app, because you’re basically uploading your grocery receipts and earning Swagbucks for certain purchases. I love to make money with my receipts and Swagbucks has some of the best receipt earning opportunities out there.
Basically you just check what offers are available, read the instructions carefully to make sure you’re buying the right products and at the right store (as there are some restrictions) and upload your receipt after to get your Swagbucks.
This is where the majority of my earning come from. I’ve earned up to $20 in one shopping trip doing some of these offers so definitely check them out!
You May Also Like: How to Turn Your Grocery Receipts into Money
Just hop online and shop as you normally do on sites like Bed Bath & Beyond, Best Buy, or hundreds of other major stores, and earn cashback with each purchase. The amount of cashback will be listed on the website so you will know ahead of time what to expect.
To make it even easier be sure to install their money saving Google Chrome browser extension, called the SwagButton, to get your SBs and a bonus of 25 SBs just for installing it. You can get that here.
Surveys are another way to earn Swagbucks. To find survey’s select “Earn Your SB” from the toolbar on the screen’s left side after login, and choose “Answer” to navigate to the available surveys, or if you’re using the app just go to the “answer” tab.
There are many categories to choose from (brands, products, etc.). They range between 10-23 minutes long and offer an average of 20-70 SB per survey but sometimes they will offer higher-value ones.
While surveys aren’t going to make you rich it’s a good way to earn some extra Swagbucks. I’ll do one here and there on my phone when I’m bored. It’s also a great way to boost your SB’s when you’re close to cashing out.
Like watching or even listening to videos? Short clips usually yield about 1 SB each, but hey, it’s fun and incredibly easy. These also vary in genre, from travel to home decor and related topics. The best way to take advantage of this option is to play the videos in the background and relax or do some chores while you earn up to $90 monthly.
Surf The Web
You’re searching the web anyway so why not start from Swagbucks? Just by searching through the Swagbucks search engine (an alternative to Google or Bing), you can earn SBs. Each search earns you 1 SB, no matter the inquiry. Just enter a search term, and boom, you’ve got money.
Print & Redeem Coupons
Yes, you can make money by saving money! Swagbucks pays you for printing and using coupons. This is another one of my favorite ways to earn.
To get to the coupons, just select “Shop” in the left toolbar and then “Grocery Coupons.” They have coupons for – grocery, pet, healthcare, beauty, entertainment, etc. – you can earn 1 SB for each printed coupon and 25 SB for each one redeemed! The maximum is 50 coupons daily.
Make In-Game Purchases on Mobile Games
This is one of the “cashback” opportunities from Swagbucks. If you’ve already got some games downloaded on your phone, you’ve got a head start! Just open up Bejeweled, Angry Birds, or another popular game and earn an average of 4 SB per $1 spent. All you have to do is make sure you open the game from within Swagbucks first so that it tracks your purchases.
If you usually make in-app purchases then this is a great option but I wouldn’t recommend making them just to earn Swagbucks as that would be silly and defeat the making and saving money goal.
Enter Swag Codes
This one is a fun sort of scavenger hunt. If you search around the web from within Swagbucks, you might come across a Swag Code, a short string of numbers and words. They’ll yield instant SBs, but they only last a short time, typically between a few hours or several days. Make sure to get the app. It’ll notify you of each new Code. You can also check their Facebook page or other social media platforms for codes.
Refer Others to Swagbucks
Referring other users to the platform is an easy way to earn cash. If the individual you referred earns at least 300 SBs within the first month of signing up, both of you will receive a bonus of 300 SBs. Plus, you’ll earn 10% of their SB income as long as they’re a member.
If you’re ready to sign up and want to use my referral link to get a 300 SB bonus to start then you can do that here.
Does Swagbucks Give You Real Money?
Members who complete paid activities, such as watching videos and participating in surveys (all described above), earn real money from Swagbucks. Keep in mind that the payments don’t come in the form of direct deposits but are initially distributed as redeemable points, known as – you guessed it – “Swagbucks” or “SB” for short which then can be redeemed for cash or gift cards.
How much are Swagbucks worth?
A single SB is worth approximately one cent. This means that, for every 100 SBs you earn, you’ll have made one full dollar. With this in mind, a good rule of thumb is to set your initial earning goal at $5 and work up from there.
Once you’ve earned enough SBs (at least $3 or more), you can initiate your payout.
I love that I can turn my Swagbucks into cash! I usually will cash out right to my PayPal account. You also have the choice to cash out for gift cards which in some cases can get you a better deal because they often go on sale.
Redeem your points as often as you need to because there’s no advantage to “saving up.” It doesn’t accumulate any interest or collect positive benefits for your total income, so delaying your payments serves no real purpose.
Is Swagbucks Worth the Time?
This is all sounds great but is Swagbucks is really worth your time? This depends on what you mean and how much time you have.
For example, for a teenager who’s just looking to make a few hundred dollars over the summer, Swagbucks is definitely worth the time. It’s a low-stress, low-energy “job” that allows you to earn money whenever, wherever.
However, suppose you’re someone who’s looking to make a full-time job online by taking surveys and watching videos. In that case, you’ll have a hard time making Swagbucks feel like it’s truly “worth it.” Remember that you have to earn up to 100 SBs for every dollar you make. That turnover might not be ideal for someone who’s banking their entire income on online earning opportunities.
Still, Swagbucks is a fantastic platform that gives you the ultimate freedom in filling any small financial gaps throughout the year.
My Swagbucks Review
Take it from me: I’ve earned just shy of $586 so far just by shopping in-store by taking advantage of their in-store deals and taking a quick poll every now and then. Swagbucks is a trustworthy site that gives you full control over how much you earn and when you “work.” It’s one of the easiest methods I’ve ever encountered for generating some extra income.
Are you already a member of Swagbucks or a similar platform? Tell me about your experience in the comments below!