Is Points2Shop a scam?
Hi folks. Today I want to talk about a website that is called Points2Shop and I am going to dissect this website to learn more about what it is all about.
In this review I am going to talk about what this website is all about, how you will make money from them and is points2shop legit. Now let us start with my review.
Points2Shop review: The important stuff
Payment type: PayPal, Amazon, Visa and Check
Payment threshold: $1 PayPal and $5 minimum for everything else
Cost to join: Free
More on Points2Shop
This website is a Get-Paid-To website or GPT in short. It also has several alternatives such as Cashcrate.com and Prizerebel.com which is also GPT websites. Points2shop works on a points system where 100 points is equal to $1 but there are a couple of things that you should keep in mind.
This website works on 2 types of currencies which is cash and points. You can always exchange your cash to points, but not points to cash. This can be a bit frustrating but I will discuss it more in detail below.
What kind of rewards do you get?
1) Cash. There are 2 ways to earn cash and they include the following. Firstly you can earn cold hard cash for referring friends to this website. You will get a link which you can place on your website and you get a referral when a person joins under you through that link. The second way to earn cash is to complete cash offers and this offers do not pay you in the form of points, but cash.
2) Points. This is the second currency in which you can earn. It is important to remember that you cannot convert points into cash, so if you have earned points, you can only redeem them in the form of gift cards which you can use in Amazon.com.
How do you make money from them?
There is actually several ways to earn money from them, but let me break each method up for you
With the surveys, you can earn up to $4 per survey and they normally take 30 minutes to complete. There is not much to say about the surveys, because usually these GPT sites like to use sites as Toluna, Global Test Market and other survey companies.
They act as a third party where they earn an incentive for each survey that you complete. My recommendation to you is that you join these survey panels directly to cut out the middle man and earn more per survey.
This is the second method and also one of my favourite ones. It is also very important to note that you get 2 types of offers. First you get the free offers where you have to join another company or sign up to them for free and each time you do it, you will earn points or money.
Secondly you will get paid offers. The only difference between paid offers and free offers is that you have to buy something to earn money. Now how can you make money with this? You can make a lot of money with paid offers, but you need to remember a couple of things which I will discuss below.
- Make a profit. Make sure that you make more money than your initial investment. If you pay $10 for something and you get $15 in return, you will make a profit of $5. If you have to pay more than what you will earn, you will have a loss, but can be irrelevant if you really want that product.
- Cancel your free trial in time. Some of the offers require that you take a free trial to earn money, but remember that you should cancel your trial one 1 or 2 days before it ends otherwise you will end up paying for a product that you do not want.
- Watch out for recurring payments. Some of the offers also require that you have to pay a monthly fee to get paid.
Here you have to watch a video to earn points or cash. For me this was a complete waste of time and I do not recommend them.
4) Daily task
This is where you have to do very short tasks such as clicking on ads or more. This method also pays pennies and is not worth it.
They also have games that you can play like the P2S RPG game.
6) Getting referrals
This is probably the one of the best ways to make money with this site, but it can also be one of the hardest. It has a
simple layout on how it works, so I am going to explain it more in detail as there is a lot to talk about. There are 2 ways to make money from your referrals.
1) You make money from each registration and offer. When a referral joins though your link and completes their profile, you will earn from $0.01 – $0.5 per registration and the same goes for the offers. To make money from each registration and offer that you referrals give you, you need to keep one thing in mind.
The amount that you will earn depends on the location of your referral. When your referral comes from US, you will get $0.5 per registration and when they come from Australia, you will make $0.01 per registration. I do not know the primary reason for this, but I think that referrals that come from the US have more value to this website.
2) You earn money for what your referral makes. This is actually very simple and easy to understand. You earn 15% of what your referral makes; 3% of what your 2nd level referrals make (This level is the referrals of the people that you initially referred to this website) and 2% for the 3rd level referrals.
Why I am very excited
This program has a great way to help you build a passive income online. I also see many people that make money from this website, because of its referral program. This is also why I dedicated a whole article on how to get referrals to survey websites that might be able to help you out.
This can make your life so much easier
I have a whole story behind this whole “making money with survey sites” thing and I discussed it in the about me page. I made a ton of mistakes online with them and I have learned a lot when it comes to making money from survey sites. This is the main reason why I created the Survey 101 training guide here at Survey Royal.
This guide will help you to avoid the most common mistakes that so many people make online. It will also help you to make more money from surveys and also how to find the golden gems inside a survey panel.
As you can see there is nothing to worry about when it comes to Points2Shop.com. They are legit and you can make money from them. They are not a “get rich quick scheme” that will make you million overnight, but if you really put the effort in, you can make something from this.
Please leave me a comment below if you have any questions or if you have any experience with this website 🙂