Is Swagbucks worth the time?

Today I want to tell you my experience with Swagbucks. Swagbucks is an online reward program what lets you earn a virtual concurrency which can be converted into real awards.

How does it work

You can earn Swagbucks (SB) by visiting websites, completing surveys or playing games. After collecting these SB they can be traded for coupons for Amazon or iTunes.

For a 20 minute survey, you can get up to 80 SB. For watching a 6-minute video you can earn 2 SB. You can also get rewarded if you visit webshops and buy products. For example for every paid dollar, you get 1 SB.

For 500 SB you can get a $5 coupon at Amazon, iTunes or the Google Play Store. Since Amazon is delivering food you can earn your food by the Swagbucks program. For 1000 SB you get a $10 coupon and so on.

Costs

You can join Swagbucks totally free without any cost. There are also different training videos that show you how you can earn money with Swagbucks. These are included in the free membership.

There is also an affiliate program, where you can earn up to 500 SB if you refer a new member. In addition, the new member also gets a $5 coupon (join here)

Advantages

With Swagbucks, you can start right away earning money. The registration of a new account is very simple and earning money very easy. I don’t think there should be many problems.

You can complete you first surveys very fast and maybe get your first coupon the day you started. Of course, this depends on how much time you are willing to spend.

In addition, I think, it is very good that you can get coupons for all the big shops like Amazon.

Can you get rich with Swagbucks?

It sounds very easy, right? Complete a survey here or visit this web shop there and you will get paid. And as I already mentioned, since Amazon is delivering food you can now save your costs on your monthly food expenses.

The big problem with Swagbucks is that it costs a lot of time. As I mentioned, for a 20-minute survey you can get up to 80 SB. That means you get 400 SB every hour if you complete five surveys.

For 500 SB you can get a $5 coupon that means for 400 SB would be worth $4. That’s $4 per hour! In my opinion, this is very low.

Also, to complete a survey you have to give away your data. If you are comfortable with that you can go ahead but I’m not feeling very good giving away all my data. But this is only my opinion.

Conclusion

Swagbucks can be very fun at the beginning. After a while playing games or completing surveys can be very annoying and boring.

You can only get coupons for your work and not real money. Of course, you can save yourself money but it would be greater to get actual money.

Also, the earning potential is very limited. Only if you are willing to spend a lot of time you can earn some money.

Alternatives

If you are truly interested in earning money online have a look at my ebook.. There you will learn how to build your first online business and how to earn money with it. It is a simple step-by-step guide designed for newbies who want to build a successful online business.

Get more information:

And trust me the earning potential will be much higher than $4/hour 😀

What is your opinion about Swagbucks? Did you give it a try? Then I would love to hear your feedback so please leave a comment below! 🙂