Is LifePoints survey worth it ? if you want to earn money from this digital world.
Can i earn money by using LifePoints survey , if yes then how can i make money? What would i have to do? These are the questions which continiously disturbing you.
Don’t worry Today in this article I tell you all the truth even process also by which you can make money by using LifePoints survey plateform.
You’ve probably heard that you can get paid to take surveys if you’ve been looking for ways to make extra money from home.
While it won’t make you rich, sharing your thoughts from the comfort of your own home can be a good way to supplement your income.
The problem is that there are dozens of paid survey sites from which to choose. It’s difficult to tell what’s real and what’s not.
Today, I’ll look at LifePoints, one of the more basic survey sites, to see if it’s worth your time.
What Are LifePoints and How Do They Work?
LifePoints is a free online community with over 5 million members that rewards you for participating in surveys and other activities such as mini-polls, product testing, and behaviour tracking. To date, they have distributed over $22 million to their members.
Lightspeed, a global research and analysis firm, created LifePoints. It serves as a hub for market research and allows customers to have a say in the future of products and services by sharing their thoughts.
This is how it works:
- Company X is interested in learning more about consumer preferences.
- They hire Lightspeed to create a survey, collect data, and analyse it.
- The survey is sent to LifePoints members who are in the target demographic.
- LifePoints are awarded to members who qualify for and complete the survey.
- LifePoints can be redeemed for gift cards, PayPal credit, or charitable donations.
- The amount of LifePoints awarded varies by survey; some may pay 60 LifePoints while others may pay 350.
So, how valuable are LifePoints? It all depends on how you use them… However, the price per unit is somewhere between 8.3 and 9.09 cents.
In layman’s terms, 550 LifePoints can usually be exchanged for a $5 gift card.
LifePoints expire three years after they are earned, or after 12 months of inactivity on your account. So, if you’re going to take a break from LifePoints, make sure you cash in your points before the 12-month period runs out.
Is LifePoints a genuine company?
Yes, LifePoints is a legal online rewards programme for people over the age of 14. You will receive the promised points if you complete the surveys successfully. The rewards are real once you’ve accumulated enough points.
How to Profit from LifePoints
LifePoints can be earned in a variety of ways, but online surveys are the site’s bread and butter.
When you log in to the LifePoints site, you’ll see a list of available surveys on the home page. Every month, LifePoints will send out survey invitations via email.
The reward rate varies by survey, as I previously stated. I received offers ranging from 60 to 350 points. More points are awarded for longer surveys.
Most surveys start with a set of demographic and basic behavioural questions to see if you’re in the right demographic.
If you do, you can continue on to the next section of the survey. If you don’t, you’re screened out and led to the end.
You’ll get 10 LifePoints for registering and validating your email address, and another 10 for answering a few questions about your household so that survey opportunities can be found for you.
LifePoints may send members products to test and review at home from time to time. This can be a fun way to get hands-on with a new product while also earning rewards.
Behaviors are being recorded.
LifePoints may email members behaviour diaries, encouraging them to keep note of how often they do various tasks. This data is used to help develop new products or services.
For example, I was offered 1,000 LifePoints for recording all credit card transactions for a month during a survey.
When you’ve accumulated enough LifePoints, you can exchange them for one of the following items:
- Credit from PayPal
- Gift card in electronic format
- Donation to charity
How many points are sufficient? For only 205 points, you can donate $1.80 to UNICEF. You’ll need 550 points to get a $5 Amazon gift card.
The smallest amount of PayPal credit available is $10, which costs 1,200 points. (*Please keep in mind that the value of LifePoints can change at any time.)
Redeeming for a gift card or a charitable donation of at least $5 is the easiest method to get the most value out of your LifePoints (the $1.80 UNICEF donation produces a bit less value). LifePoints are worth around 9 cents each when redeemed this way.
If you prefer the flexibility of cash, you may exchange your points for a PayPal credit at 8.3 cents per point.
It’s important to note that the email address you used to sign up for LifePoints must match the email address you used to sign up for PayPal. If it doesn’t, you’ll need to link your PayPal account to your LifePoints email address.
It could take up to 10 business days to receive your gift card or PayPal credit, depending on the option you choose.
Benefits of LifePoints
You already know how long the surveys will take and how much money you’ll make if you complete them – The survey topics aren’t provided ahead of time, but the projected completion time and reward rate are.
This is significant since you’ll know ahead of time how much time you’ll be investing and what the payback will be.
If you only have a few minutes to spare, concentrate on the 5-minute surveys and save the 30-minute ones for later.
Earn Rewards Quickly – I like that you may get a gift card for as little as 550 points by cashing in your LifePoints. In all likelihood, you’ll be able to earn that in the first week.
You can choose from a variety of popular gift cards (Amazon, Groupon, iTunes, and more), a PayPal credit, or a charitable donation when it comes time to cash in your LifePoints. Because of the variety, there is something for everyone.
A chance to have a say in product and service development – This may or may not be relevant to you, but some people enjoy the thought of contributing to the development of products and services.
LifePoints have some drawbacks.
It Could Be Difficult to Qualify – The polls are used to help market research, and the companies who host them are occasionally looking for feedback from a specific group of people.
The first few questions are usually used to determine whether or not you are a member of that group.
If you don’t, you get filtered out and don’t get the LifePoints. It can be aggravating if this happens numerous times in a row.
I completed a number of questionnaires but only qualified for two of them. I was screened out after around five minutes of answering questions in one case—how aggravating!
The good news is that you will generally receive two LifePoints just for trying, though this is not always the case.
Limited Earning Options — Some other paid survey sites, such as SwagBucks, have a plethora of earning options.
If surveys aren’t your thing, you may still earn points for online shopping, viewing films, and other activities.
With LifePoints, this isn’t the case. It mostly consists of questionnaires, with the occasional opportunity for product testing or behaviour tracking thrown in for good measure.
It Takes a Long Time for Rewards to Arrive – Although you can earn enough points to acquire a reward quickly, gift cards or PayPal credit can take up to 10 business days to arrive once you redeem.
No Mobile App — It seems LifePoints used to have a mobile app, but it has since been withdrawn in favour of the website.
This is problematic because many users would rather use an app than open a browser on their phone.
The good news is that LifePoints surveys are tailored for mobile phones; I had no trouble taking them on my iPhone 8.
Who are the best candidates for LifePoints?
People Who Enjoy Sharing Their Opinion — Because LifePoints is largely a survey rewards platform, it is best suited for those who enjoy taking surveys and sharing their opinions.
People want to supplement their income – If you’re looking for a quick method to make a few extra bucks, paid surveys are a great way to do so.
Anyone who doesn’t have time for a second job – I’ll be honest: I don’t believe that doing surveys for money is the most efficient use of one’s time if one’s goal is to increase their wealth.
But, let’s face it, not everyone who need additional funds has the time to pursue a side business or work part-time.
Even the busiest of schedules can accommodate LifePoints—even five minutes here and there will add up over time.
Who Should Stay Away From LifePoints?
People who are impatient – If you lack patience, you can find yourself getting upset if you have to attempt many surveys before qualifying.
It may be preferable to forego LifePoints in favour of a network like MyPoints, which rewards other online activities such as watching videos and browsing.
People Expecting to Make a Lot of Money — Paid survey sites are a good way to make a few extra bucks, but they have a 0% chance of making you rich.
Instead of conducting online surveys, people who want to make substantial money should devote their time in developing a lucrative side hustle.
Anyone who dislikes sharing their thoughts — LifePoints is mostly focused on surveys, with some product testing and behaviour tracking thrown in for good measure.
It isn’t right for you if you don’t appreciate sharing your thoughts and opinions.
Is It Worth Your Time to Use LifePoints?
Answer one basic question to see if LifePoints is a suitable fit for you: Do you enjoy taking surveys?
LifePoints does not pay its members for watching films, gambling, or purchasing online, unlike some other paid survey sites.
To take advantage of it, you must be willing to participate in surveys and express your thoughts. It can be difficult to qualify at times, so you must be patient.
Another thing to think about is how much free time you have and how serious you are about making some extra cash.
Taking surveys might help fill in the gaps if you only have a few minutes of free time and want to earn a few additional money.
People who have more free time and want to generate some significant money should consider pursuing a side hustle, a second career, or passive income alternatives.
Have you used LifePoints before? Please share your stories with us in the comments section.
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