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In this economy, everyone’s looking for an opportunity to make more money to afford rising costs, which is why I have to share some knowledge on LifePoints online surveys. If you’ve heard about this site, also known as LifePoints Panel, you may be wondering if it’s legit and if it can help with costs in this scaling economy. Let’s take a look!
What Is LifePoints?
LifePoints is an online site that allows you to redeem points for gift cards and cash in exchange for the time you spend responding to their surveys. The surveys you complete are used for market research and can help companies to understand their target audience by better understanding their needs. The survey findings are used to make product improvements, so it’s great for businesses. In return for helping them to make more money from consumers, you get to earn points toward gift cards to some of your favorite places or even Paypal cash.
Is LifePoints a Legitimate Site?
This is truly a win-win for everyone. It’s a win for businesses because you’re helping them to build their brand, but instead of a fat paycheck, you get points here and there that eventually benefit you in a good way. It’s basic marketing 101, and it’s legit. In fact, LifePoints has paid its members over $22 million in the past year alone.
How Does LifePoints Work?
After you become a member of the site, you have options to complete surveys and other tasks they place on your dashboard. Whether or not you complete any surveys or tasks is your decision, but when you do, you earn points. Some of the options LifePoints give include:
Online Surveys: Survey topics may include any aspect of your daily life. You’ll respond to the surveys individually, but the responses are aggregated with other responders, so they won’t know how you responded specifically.
Diaries: They may likely ask you to track your behavior, for example, shopping. This information is aggregated with other responders to give businesses a view of how their audience does certain things.
Product Testing: This is where you may be sent a product to test and provide feedback on. These could be products that are not even on the market yet. Consider yourself part of their focus group to help the company to know if it’s working or needs improvements. You also get a free product in the process.
Keep in mind there may be expiration dates on some of these activities. If you’re a steadily active member, you stand a better chance of completing them in time. Also, some of these activities have a cap, meaning they’re not looking for everyone to do them. They only need a certain number of respondents. If you don’t respond in time, you may miss out on the opportunity to earn points.
Pros and Cons of LifePoints
Pros
LifePoints is legitimate, free, and there is no need to purchase, and when you redeem your points, you can redeem them for gift cards or cash, or you can donate to a charity. Some of the gift cards include popular stores like:
- eBay
- Macy’s
- Bass Pro Shops
- Starbucks
- Kohls
- Barnes and Noble
- Amazon
- Google Play
- And More
The cash option is through PayPal, which is quick and convenient. Another good thing is there are no geographical restrictions. Anyone from all over the world can become a member of LifePoints.
Cons
The caps on certain activities may pose a problem for members who are not regular visitors. If this sounds like you, you may be unable to redeem enough points. Speaking of redeeming points, each point is worth one cent, and it takes about 500 points to earn $5. If you’re not frequenting the site enough, earning a $5 gift card may be difficult. On top of that, not everyone qualifies for every survey or activity. This means you’ll only receive access to certain ones, limiting your effectiveness in redeeming points even more.
How To Get Started on LifePoints
It takes about 15 minutes to sign up on LifePoints, and just by signing up, you’ll be gifted with at least ten free points before you even start. Keep in mind they’ll ask you more than just the basic questions. Since they want to match you with custom surveys, you’ll have to answer behavioral questions about yourself and possibly disclose your household income.
To register:
- Go to LifePoints’ registration page.
- Enter your name, email address, gender, birth date, and address.
- Agree to their terms and policies.
- Respond to their second set of questions that relate to your purchasing behavior (this will help to determine the type of activities you get selected to participate in and respond to).
You should know that before even being able to click on the site, LifePoints will warn you that they’ll use your information for third-party marketing. Remember, this is basic marketing, so this should be expected. However, you can only respond yes. If you’re not willing to share your information, don’t even visit. An option of no is not available.
The Bottom Line
LifePoints is definitely a legitimate site. The better question may be, is it worth your time? If you have the time to frequent the site often, you may find yourself racking up more points than you can keep up with. If you’re looking for a way to earn additional spending funds in your spare time here and there, you may want to use your time more wisely, as activities will likely expire before you can complete them, or you’ll miss the cap.
Survey rewards are great when you can optimize the opportunities to use them to earn extra money. Just be sure to log in!
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