Swagbucks provides opportunities for internet users to monetize their normal activities online. This Swagbucks review shows if your participation in the loyalty rewards program is worth the efforts.
Other benefits from this review are:
- Access the different activities to participate in Swagbucks
- Find out how to convert your Swagbucks points to cash
- Learn other opportunities to earn cash and gifts on Swagbucks
- Find out the legitimacy of Swagbucks
Without further ado, let us dive into this Swagbucks review to find out if it is right for you or not.
What to discuss in this Swagbucks review:
- What Do You Understand by a Loyalty Program?
- What Should You Know about Swagbucks
- How Do You Earn Revenue on Swagbucks?
- What are the Different Ways to Earn on Swagbucks?
- Additional Earning Opportunities on Swagbucks
- How to Turn your Swagbucks Points into Cash back
- Is Swagbucks a Legit Company?
- Pros and Cons of Swagbucks
- Conclusion
What Do You Understand by a Loyalty Program?
A loyalty program is a marketing strategy employed by companies to reward their customers for repeat business. Loyalty programs come in different forms like discount sales, cash back rewards, gift cards, exclusive clubs, and rebates.
Most brands have at least one form of loyalty program for their customers, intended to keep the customers loyal and motivate the customers to do more business. There are however very few loyalty programs that reward customers with cash, or allow the conversion of their gifts into cash.
Well-known loyalty programs include Starbucks Rewards, Amazon Prime, British Airways Executive Club, and Swagbucks. While these loyalty programs are intended to give customers rewards that can be claimed within their stores and outlets, Swagbucks offer more benefits and flexibility in its rewards program.
What Should You Know about Swagbucks
Swagbucks is a rewards program that lets users earn Swagbucks Points (SB) for performing activities through its platform (with 1 SB point equivalent to $0.01). You can earn cash backs and SB points for doing normal everyday activities online. These activities include watching short videos, playing games online, and taking surveys.
Swagbucks was launched in 2008 by its parent company Prodege LLC headquartered in Segundo, California. The company has an A-rating with the Better Business Bureau (BBB), and has received many recognition awards for its products and offerings.
Swagbucks has since then grown to more than 50 million users, having paid out more than $400 million in cash and gifts to members. The rewards program offers the biggest cash back rates which allow users to earn money from shopping online, and then use these earnings to shop on Swagbucks partner stores or convert into gift cards.
Swagbucks can be accessed both on Desktop and on Mobile apps for Android and iOS. The sign-up process on Swagbucks is easy and free, and members who have accumulated SB to a certain level can redeem the points for gift cards in Walmart, Amazon, Best Buy, Priceline, Staples, The Home Depot, and several other retail outlets.
How Do You Earn Revenue on Swagbucks?
Only registered members of Swagbucks have the opportunity to participate in its rewards program, so the first step is to sign up. This is a quick and straightforward process, and it’s free. There is no need for personal information during the sign up process; all that is needed is your personal email address which will be verified.
Users can also sign up on Swagbucks with their Facebook accounts. Swagbucks is only available to some countries; so you have to confirm if your country is eligible before signing up.
New members receive a $10 welcome bonus from Swagbucks upon completing the sign up process. You are also offered a bonus on Swagbucks for spending a total of $25 after your sign up.
New members have their dashboards created for them from which they can view all opportunities available to them. From here you can shop online and earn cash back rewards, watch videos, take surveys, and play games.
What are the Different Ways to Earn on Swagbucks?
1. Cash Backs
Members earn cash back rewards for shopping online through Swagbucks. All that is required to do is log into your account and do your shopping on any of Swagbucks’ partner stores, and receive your cash back rewards in SB points.
Swagbucks partner stores include more than 1,500 retail stores that members can choose from. Average earnings from Cash back range from 5% to 8% on the amount spent on shopping in the partner stores.
2. Surfing the Web
Swagbucks has its own search engine which is powered by Yahoo search, and made available for members to earn SB points while using it. The number of points earned on its search isn’t detailed but it is certain that members earn some points for using it.
All Swagbucks expects its members to do is focus more on the use of its search engine to surf the internet. The earnings are quite minimal but they add up over time.
3. Watch Videos
Swagbucks rewards members from 1 SB to 4 SBs for watching short videos on categories like health, business, entertainment, politics and more. The earnings for watching videos are so insignificant that it can discourage anyone from it.
Here’s what some active Swagbucks do to get by with watching videos. The videos are played on the background while they continue with their normal activities online. Some go as far as muting the video so they can concentrate on more important tasks. Swagbucks still records that you watched the video even if the volume was turned down, and you receive your earnings in SB for watching the video.
4. Swagbucks Survey
Taking surveys on Swagbucks is a decent way of earning SB points. During your account sign up process, Swagbucks will ask for some demographic information about you, which will be used to match the surveys that are available to you.
Surveys can earn you between 1 SB to 1,000 SB depending on the length of the survey and the kind of information required from you. Swagbucks surveys can be accessed both through the website and the mobile apps. Surveys that are available will usually pop on your dashboard, from which you can accept to participate.
5. Playing Games
There are games available on Swagbucks for lovers of games, only these games earn you SB points for playing them. As with other activities on Swagbucks, the earnings are very minimal, but you have these SB points pile up over time. Also, it could be fun playing your favorite games on Swagbucks even if you do not get paid for it.
6. Deal Hunting
From the Discover section on Swagbucks you can search for the best deals and bargains on your favorite stores and products.
7. Make Money through Gift Cards
Users can earn in 2 ways from using Gift cards on Swagbucks. The first is purchasing an electronic gift card through Swagbucks, which earns you a percentage of the total value on the gift card.
The second way of earning comes through using the gift card to make a purchase while shopping through Swagbucks. The best way to get the maximum earnings from gift cards is to first purchase the store’s gift card through Swagbucks, and then use it for your purchases on the store through Swagbucks.
Additional Earning Opportunities on Swagbucks
Swagbucks offers additional earning opportunities for members who are willing to participate in the activities. These are not part of the regular actions taken on the Swagbucks dashboard.
I. SwagButton
By adding the SwagButton, you can receive automatic notifications if a site offers cash back for shopping, activate shop and earn with a click, and instantly find deals and coupons.
You will also be able to receive Swag code alerts that can be redeemed anywhere, and the swag codes that can only be redeemed with the SwagButton.
II. Referring Friends
Swagbucks gives you 10% of your referrals’ earnings and a $3 bonus for the two of you when your referral’s earnings hit 300 SB.
How to Turn your SB Points into Cash back
Gift Cards
SB Points earned on the loyalty rewards program can be redeemed for gift cards (With 300 SB you can get $3 gift cards) in popular stores like Amazon, Walmart, Macy’s, Gap and JC Penny.
PayPal
With a total of 2,500 SB ($25), you can get your cash back from PayPal which is paid into the same PayPal account associated with your Swagbucks account. Your PayPal account needs to have been verified before it can be used for this purpose. You need to allow 10 to 14 working days from the time you initiate the payment to when it hits your PayPal account.
Amazon Gift Cards
Amazon gift cards allow you to shop from millions of products available for sale on its store. Redeeming your SB points for Amazon gift cards grants you that privilege, and also enables you to shop on Amazon’s affiliated sites also. Amazon gift cards do not expire and so can be kept for as long as possible.
Walmart eGift Cards
Walmart is home to the best prices and low-priced items that you can think of, and SB points can be redeemed for Walmart eGift cards. The Walmart eGift card allows you to make purchases on walmart.com, Walmart stores and superstores.
You will receive details of your gift code into your Swagbucks account profile within 10 business days of verifying purchases on Walmart, SAM’s Clubs and Amazon.
Is Swagbucks a Legit Company?
Do not take my words for it but rather let available facts presented in this review serve as a guide in reaching a conclusion about Swagbucks.
- Swagbucks is a loyalty program operated by Prodege LLC, a legally recognized business entity operating from Segundo, California.
- Swagbucks has paid over $500 million in cash backs and gifts since inception.
- The parent company of Swagbucks has been able to maintain an A-rating with BBB for over a decade.
- Swagbucks has notable and globally recognized retail stores as members of its partner stores. These stores include Amazon, Macy’s, The Home Depot and Walmart.
- Swagbucks has more than 50 million registered users on its platform.
Pros and Cons of Swagbucks
In the final analysis, let us consider the advantages and disadvantages of using Swagbucks.
Pros of Swagbucks
- Swagbucks is free and easy to join for those whose country of residence does not restrict them.
- Swagbucks offers several ways for members to earn rewards and bonuses through the use of its platform.
- You have the opportunity to earn passive income for practically doing nothing.
- Swagbucks is operated by a reputable company which makes it a legitimate brand to do business with.
Cons of Swagbucks
- The earnings on Swagbucks are very minimal and may not be a good use of your time.
- Swagbucks is still not clear on your earnings for using their search engine.
- Availability of Swagbucks is restricted to the UK, U.S. and some of its territories.
Conclusion
Having gone through the detailed information about Swagbucks and its rewards programs, you are no more in the dark about Swagbucks operations and benefits to its users. With thousands of affiliated retail stores partnering with Swagbucks, there is no shortage of outlets to claim your gifts.
The Swagbucks brand is powered by known institutions and people who are visible to us all. It has also maintained a BBB A-rating for years, giving credence to Swagbucks’ legitimacy.
Is Swagbucks a good use of your time? It depends on your choice of approach in using the platform. If you have more important things to do with your time, you could be a light user of Swagbucks, while those who have a lot of free time can be active users of Swagbucks.
On the whole, Swagbucks will not make your bank account swell with money, the earnings do not amount to what you need to offset your bills. It does present a fun way to save some cash and get paid while using its services.
Sign-up for a new user is free plus the benefit of receiving some Swagbucks points as a new user. You can explore the benefits detailed in this review by creating an account on Swagbucks today.
Are you willing to build a passive income stream? If your answer is yes, then you’d rather be spending much of your time building your own brand than earning stipends on Swagbucks. Want to set up a personal brand online? Read my Wealthy Affiliate review and get online marketing certification to build a brand online.