MyCashQuest vs. Swagbucks: Which is Better?

Disclosure: We’re letting you know that this post contains sponsored links which The Smart Wallet receives compensation for, which may impact their order of appearance. This site doesn’t include all available offers.

If you’re always down for new and fun ways to make money, you’ve definitely come to the right place to learn more. Since there are SO many programs, we’re only focusing on the ones we think are worth your time.

Let’s take a look at the newcomer MyCashQuest and pit it against a veteran, Swagbucks, to see which programs you might like better.

Here’s a quick glance at the differences between them before we get into the weeds:

What is MyCashQuest?

MyCashQuest is a new program open to anyone in the U.S., where you can complete challenges to earn cash. Launched in early 2024, you can earn up to $250 by completing GAME challenges. The “quest” in the name makes more sense now, right?

At maximum, you can earn up to $250, but there are multiple options:

# of ChallengesCash Amount
2$10
5$100
10$250

What are the MyCashQuest Challenges?

The game challenges revolve around mobile games, so you’ll need a smartphone to participate. It’s free to sign up with MyCashQuest, and the games are free to download.

Choose from any available game titles from their list, but it needs to be ones you haven’t played before. If you complete 10 challenges, you’ll get $250! Games range from Adventure, Puzzle, Strategy, Action, Card, Board Game, Farming Sim, and plenty more categories, so don’t stress about not finding something you’d like.

Each game you pick has its own “challenge.” For instance, one game might require you to get to Level 9, while another requires you to get to Level 18. When you complete a challenge, you’ll earn Challenge Credit, which will accumulate to be redeemable for PayPal/Venmo cash or direct bank deposit.

When you complete your first challenge, you’ll have 60 days to complete the rest, depending on your desired cash amount. So it’s best to play multiple games at once! While waiting for something to happen in one game, play another to maximize your time.

Want to Level Up Faster?

If you don’t want to wait for the game’s natural progression to level up faster, in-game purchases are available to speed it up. Each game is different, so be sure to check which in-game items can help you if you need a little boost! (Especially if you’re nearing the 60-day deadline).

After Claiming Cash, Participate Again Every 30 Days

You can maximize your earnings by participating in the MyCashQuest program every 30 days. So, if anyone in your household claims cash, you’ll have to wait 30 days before anyone in the same household can participate in MyCashQuest again.

If you claim $250 every 30 days, you can earn $3,000 a year!

It’s simple to get started:

  1. Sign up at MyCashQuest
  2. Answer some brief questions (it’ll help them pick what you might like!)
  3. Start picking challenges to do on your phone
  4. Claim your money and get it in about a week!

What is Swagbucks?

Founded in 2008, Swagbucks has become one of the most popular rewards programs on the internet, boasting over 40 million registered members.

Members earn money by taking surveys, watching videos, playing games, shopping in-store or online, taking deals, and more. Surveys on Swagbucks can take 3 to 30 minutes to complete, depending on the complexity, and you may not always qualify for the survey.

SB Points is Swagbucks Currency

Earn SB points from completing activities to redeem for cash. One SB point is worth about $0.01, so 100 SB points earn you $1 in rewards. Redeem points for PayPal, gift cards, or sweepstakes entries. The minimum to cash out for PayPal is 2,500 (valued at $25), and the 300 for gift cards (valued at $3).

Some gift card values may vary (like Amazon might cost more than a Walmart gift card to redeem).

Check the Fine Print

Swagbucks promotes that you’ll get $10 when you sign up (1,000 SB Point bonus), but the fine print is that you must spend at least $25 at a store featured in their SB Shop within 30 days of registration.

If you don’t want to do this, you can do plenty of activities to earn towards the minimum cash out of $25 or $3 for a gift card.

MyCashQuest or Swagbucks?

To save you scrolling time, here’s another look at the differences between the two:

While Swagbucks has the advantage of being in business for 16 years, it’s always better for the consumer (you!) when competitors are introduced. In this case, MyCashQuest is a newcomer specifically targeting those who enjoy playing games on their smartphones to earn cash. It’s also simple to understand that the maximum you can earn is $250 every 30 days, so it’s your choice to participate again if you want to!

Our take? There’s no reason why you shouldn’t join BOTH programs since they each offer different tasks to earn money. We feel that’d be the best way for you to check if you want to continue doing both programs or stick to one after a while.

For instance, you could play games on MyCashQuest while giving feedback in surveys and video activities on Swagbucks. There is plenty to do! Whatever you choose, you’ll be on your way to earning some extra cash, and that’s always a great thing.

Read more: