Are you looking for a LifePoints review? But you may wonder if it is a scam.
Online surveys are a great side hustle if you’re looking for a low-stress way to earn some extra cash.
You just need to know where to look for reputable survey sites. In this regard, you may be familiar with LifePoints, formerly known as MySurvey.
At LifePoints, users can earn points by taking online surveys and completing other quick and easy tasks. The points you earn can be redeemed for merchandise at popular retailers or converted to cash through PayPal. You’re essentially compensated for sharing your opinion about the goods and services of various brands.
Participating in online surveys probably won’t make you rich, but it’s an easy way to earn some extra cash. Want to know if LifePoints is really worth it? Read this detailed review of LifePoints to get all the details.
As a disclaimer, I’m not affiliated with LifePoints. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.
At the end of this review, I’ll also tell you the best alternative to LifePoints that has enabled me to make a full-time passive income online.
What is LifePoints?
LifePoints, a free online platform, lets you earn incentives by doing things like taking short surveys, trying new products and tracking your habits. Members come from more than 40 different countries and paid out more than $22 million in perks last year.
Lightspeed, an international consulting firm, developed LifePoints. This is a market research centre that allows customers to help determine what is developed next by providing feedback on existing offerings.
Here is how it works:
- Company X is interested in learning more about consumer preferences.
- It hires Lightspeed to create a survey and collect and analyze the data.
- The survey is distributed to LifePoints members who match the target audience.
- LifePoints are awarded to members who qualify for and complete the survey.
- LifePoints can be redeemed by members for gift cards, PayPal balances or charitable donations.
Each survey has a different reward structure, but the range is often between 60 and 350 LifePoints.
How much value do your LifePoints have? It depends on how you redeem them. but probably 8.3-9.0 cents each. Simply put, 550 LifePoints can be exchanged for a $5 gift card.
If you do not use your account for a year after earning LifePoints, they will expire.
Be sure to redeem your LifePoints before the 12-month mark if you plan to take a break from the program.
Is LifePoints a Scam or Legit?
LifePoints is a reputable market research company that conducts Internet surveys. The origins of what later became MySurvey can be traced back to 1946, when National Family Opinion was founded.
LifePoints now serves more than five million members in 70 countries around the world. The company’s main business is customer surveys, which ask members for their opinions on various products.
If you’re afraid of being hacked, you don’t have to worry with LifePoints, because you won’t be asked to provide any financial information.
However, before you can start taking surveys, you’ll have to provide some personal information, such as your annual household income and marital status.
How Does LifePoints Work?
Earning points as a panelist on LifePoints is how the system works. Participating in surveys is the most common form of data collection, but you can also get paid for trying out new articles, answering short surveys, and participating in other research projects.
In the LifePoints Rewards Center, you can claim prizes as your points accumulate. You can redeem your points for cash or merchandise.
Learn more about the LifePoints program, such as how to sign up, earn points, and exchange them for rewards.
Become a LifePoints panelist
LifePoints offers a simple sign-up process. Click the “Enrol Now” button on the website and complete the application.
To complete your application with LifePoints, we’ll need your first and last name, email address, and mailing address. You’ll also be asked to enter your gender and year of birth.
After that, you’ll need to check the boxes to agree to LifePoints’ Terms and Conditions. Once you’ve done this, you’ll receive an email from LifePoints to authenticate your account. You’ll receive 10 bonus points once you authenticate your account.
When you get to this point, that’s when things get really exciting. LifePoints will probe you further with queries like this:
- Household size
- Number of children living with you
Take your first survey and get 10 more points for completing it. You may find the questions a little unusual. Here are a few examples of the kind of questions I asked during my first induction:
- Do you personally own a pet snake?
- Have you completed a marathon in the last 3 months?
- Have you been ticketed for running a red light in the last 6 months?
There is a 10 point bonus for completing your first survey.
Once you click on this button, you will be redirected to your own dashboard.
Your current score and the minimum number of points required to redeem will be clearly displayed. Here you will also find all the survey invitations you have received.
Earning points with LifePoints
It is quite easy to collect LifePoints. The LifePoints dashboard now includes surveys, and you can decide which ones you want to participate in.
Completing a task automatically results in the awarding of points. There are differences in the number of points awarded for different tasks. A question about smoking status earned me one point in one survey.
More surveys of varying lengths are added to your LifePoints dashboard on a regular basis. If you want to take surveys but do not see any in your dashboard, check out the LifePoints community.
So I made a poll titled “What is your favourite potato preparation?” because I thought it would be amusing and easy to do. Not to mention that potatoes are delicious.
The survey link took me to a Typeform website where I was asked to rate different ways to prepare potatoes.
Redeeming rewards with LifePoints
Once you have a sufficient number of points, you can exchange them for PayPal cash or merchandise.
To view the available rewards, simply navigate to the “Rewards” section of your interface. You can narrow down your search by the required number of points or select a store from those displayed on the home page.
How Much Are Lifepoints Worth?
To redeem your points, you need a certain number of them. For example, you need 5,400 points to redeem a $50 e-coupon card for stores like Best Buy, Target and Lowe’s.
However, a $5 Amazon gift card only requires 541 LifePoints, and a $5 PayPal cash back only requires 600 points.
And compared to other survey sites I’ve used, the gift card options are pretty decent. Gift certificates to popular retailers are one possible redemption option.
- Google Play
- Bass Pro Shop
- Bath & Body Works
- CVS Pharmacy
PayPal also allows you to donate your points to a good cause. Again, 600 points are required to receive a $5 PayPal cash reward.
Redeeming points is as easy as pressing a button. To redeem your LifePoints, you must first select a redemption option, add it to your cart, and then complete your purchase.
How to Make Money with LifePoints?
In addition to completing online surveys, there are a few other ways to earn LifePoints. If you’re logged in to the LifePoints website, the available surveys will be displayed on the main page. Each month, LifePoints will send you an invitation to take a survey.
As I said before, the payout varies depending on the survey. There have been bids ranging from 60 points to 350 points. More points are awarded for longer surveys.
At the beginning of most surveys, you’re asked some basic demographic and behavioral questions to determine if you’re part of the survey’s target audience. If so, the survey will continue. If not, you’ll be directed to completion.
If you register and verify your email address, you will receive 10 LifePoints. If you answer some basic questions about your household, you will receive another 10 LifePoints and we can better connect you with surveys.
LifePoints occasionally sends things to test for home use. Trying out a new product in exchange for points can be very entertaining.
LifePoints members may be asked to keep an electronic “behaviour diary” in which they record how often they engage in certain activities. This data is put to good use in the development of new products.
For example, in one survey, I was offered 1,000 LifePoints if I recorded my credit card purchases for a month.
Pros of LifePoints
High Survey Availability
Several survey options are displayed within the app. LifePoints offers the possibility to participate in surveys and complete tasks to earn real money.
Value for Time
Sorry to be the bearer of bad news, but some surveys can take more than 30 minutes to complete. Most of these surveys will only give you a few points, so it’s not really worth taking. But that’s not the case with LifePoints.
Most of these questionnaires can be completed in less than 10 minutes. Besides, there are mundane, everyday tasks that can be completed in even less time.
Options to Cash Points
Certain websites will only allow you to shop with coupons or gift cards. LifePoints can be redeemed for a variety of rewards, including cash, mobile reloads and gift cards.
Rewards like Starbucks and Amazon gift cards make it more fun to acquire cash.
LifePoints is accessible from any location. This means that respondents from any part of the world can participate in the surveys they offer.
You can also find questionnaires written specifically for your language.
Cons of LifePoints
Disqualifying surveys at the very end is not uncommon, but it does happen.
According to reports, initiating app registration has caused problems for some users. Users have complained that their accounts were deleted after they completed the registration process.
No Customer Service
If you encounter problems while using the program, you can just read the Frequently Asked Questions (FAQs). If you’ve technical difficulties or want to ask a legitimate question, there’s no other way to reach a real human being.
There are numerous reports of users having their points revoked for no apparent reason. Others claim that they were unable to recover funds from deleted accounts.
If you do not spend your LifePoints before they expire, you will lose them. We do not advise you to spend a large amount of money until you have saved the required amount.
LifePoints Rewards Options
Numerous survey sites offer an easy way to convert your points into cash. The LifePoints system is not very transparent.
How much you get for your points depends on what you want to do with them:
- Gift Cards
To receive a $5 gift card, you need 550 Life Points. One LifePoint can be exchanged for a $0.90 gift card according to the current exchange rate.
You can select your favorite online store from the list and then redeem your LifePoints for a gift card by going to the rewards section in the LifePoints control panel.
Although you can start redeeming points as soon as you reach 550 points, most gift cards in the rewards center require an additional 1,100 points since they are sold in $10 increments.
Currently, you can redeem 550 points for a $5 Amazon gift card, while 1,100 points will get you a $10 gift card or other reward at the Rewards Center.
Remember that your advantage does not last forever. Any unused LifePoints will expire after twelve (12) months of inactivity on the account or after three (3) years from the date of grant, whichever comes first.
This is a good idea if you rarely use the site, which we all do from time to time.
With only 1,200 points, you will receive a $10 PayPal voucher. Converted, one LifePoint is equivalent to $0.83.
There is a possibility that PayPal will deduct a fee from your bank account when you withdraw money from your PayPal account.
At the same price of 550 LifePoints for $5, or nearly $0.90 per point, you can donate those points to a charity of your choice. The United Nations Children’s Fund (UNICEF) and the Special Olympics are two examples of such organizations.
Who is LifePoints Best For?
People Who Enjoy Sharing Their Opinion
If you don’t mind giving your opinion on surveys, LifePoints is the place for you.
People Looking to Earn a Little Extra Money
Paid surveys are a straightforward, no-obligation option for anyone looking to earn a few extra bucks on the side.
Anyone Who Doesn’t Have Time for a Side Hustle
To be quite frank: I do not think filling out paid surveys is the best way to invest your time for someone trying to improve their financial position.
But, you know what? Not everyone who could use a little extra money also has the time to devote to a side job or part-time work. Even those who are busy can make time for LifePoints- even five minutes here and there will pay off.
Who Should Avoid LifePoints?
If you don’t have a lot of patience, it could be frustrating to participate in numerous surveys until you finally win the bid. You could save yourself some time and effort by skipping LifePoints and instead signing up with a network like MyPoints, which offers incentives for things like video streaming and general web browsing.
People Expecting Big Money
Paid survey sites are a viable option to make some extra money, but they will never make you rich. Instead of spending time filling out online surveys, people who are serious about making extra money should focus on developing a productive side business.
Anyone Who Doesn’t Enjoy Sharing Their Opinions
LifePoints consists largely of questionnaires, although some effort is also put into product testing and monitoring user habits. You shouldn’t do it if you don’t like public comment.
LifePoints Customer Support
We found LifePoints support staff unresponsive and unhelpful. There is a support hub, but it mainly contains frequently asked questions and other inert content.
If you need help, you can simply leave a message for the support team.” An email ticketing system best describes this process. Your request will be handled by customer service representatives in the order in which it is received.
In most cases, customers prefer a live chat feature or phone number when contacting a company.
It is difficult to follow up on a request if an email address is not provided. If you have additional inquiries, please submit a new service request.
Your voice may get lost in the crowd.
Earning money with online surveys is not only possible with LifePoints. Here are some alternatives to popular survey sites that might be of interest to you:
Swagbucks lets you get paid for things like watching movies, filling out surveys, doing web searches, and shopping online. If you do all of these things regularly, you may even have more chances to win prizes than if you use LifePoints. New users can receive $10 just for signing up on the site.
You can also earn points at Survey Junkie that you can redeem for rewards like gift cards and cash. For every 1,000 points you earn, you’ll receive $10.
You can use InboxDollars to earn money by playing games, taking surveys, or watching movies. The more time you spend on the site, the more money you can earn, since the tasks range from a few cents to a few dollars.
LifePoints Review: Final Verdict
All in all, LifePoints can be an easy way to earn extra cash or gift cards in your spare time. If you want to earn points quickly, you can take up to two surveys per day.
When it comes to signing up for LifePoints or completing a survey, I have had nothing but positive experiences.
Some LifePoints panelists have complained in online forums that the website crashed in the middle of a survey, causing them to lose all their work.
LifePoints has a 4.6 star rating and almost 12,000 good reviews on Trustpilot. There was only one review I read that was unfavorable and mentioned this problem. Users are generally happy with the simplicity of the site and the money they can earn from completing surveys.
Who can join LifePoints?
Anyone over the age of 14 can become a member of LifePoints. Acquiring a membership is as easy as filling out the application form. Australia, Canada, Chile, Germany, Russia and Thailand are just some of the countries where you can use LifePoints.
Does LifePoints sell your data?
Personal information you provide to LifePoints will not be shared, sold or transferred in any way. You can prevent LifePoints from tracking the ads you see by selecting this option.
After you log in a second time, you will see this prompt. You can use the Account and Data Usage and Settings tabs to adjust these settings at any time.
Does LifePoints pay cash?
Unfortunately, no; points can only be redeemed for cash donations, gift cards, or PayPal payments. In other words, you can’t get your money back.
Is there a LifePoints App?
In 2021, Lifepoints released its app for iOS and Android. As of October 2022, there are more than 32,000 positive reviews in the Google Play Store, and users have rated the app 4.5 out of 5.
After putting the app through its paces, we found it to be straightforward and easy to use. The only drawback that most survey apps have is that you may have to scroll further than you would on a desktop to submit a response.
However, compared to taking surveys in a mobile browser, the app is a huge improvement, and it allows Lifepoints members to earn money on the go.
Does LifePoints offer product testing?
LifePoints advertises product testing, but there is no way to sign up for it or learn more about it other than clicking the “Help” button.
Best Alternative of LifePoints to Make Passive Income
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