HOW MUCH MONEY CAN YOU MAKE ON SWAGBUCKS?
So what’s the exchange rate between Swagbucks and real bucks? Most of the time, 1 Swagbuck pays out 1 cent. You’d need at least 300 Swagbucks to cash out your account. So these 300 Swagbucks would become $3 in PayPal cash or gift cards.
To put matters in perspective:
- You may earn 40 to 100 SB points answering a survey that takes 5 to 10 minutes.
- In terms of labor, this could conceivably rival the federal minimum wage: It’s possible to make 100 SB ($1) in 10 minutes, which would become $6 in an hour ($1.25 short of the federal minimum wage per hour). But this earning potential isn’t likely. Read on to find out why not.
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IS SWAGBUCKS WORTH DOING?
Stringing together enough surveys or tasks to pay out a steady flow of income isn’t really possible.
In reality, you’d be spending time browsing for surveys or considering product trials—and that’s time you wouldn’t be paid for. This is true for just about any survey site. The amount of time you put into answering surveys doesn’t pay out efficiently.
You may spend a few minutes reading about a survey before discovering you don’t fit the demographic, thus not qualifying. Or a study you do qualify for might fill up before you get going on it. These are both common complaints among Swagbucks members. Either way, that’s time wasted from an earning perspective.
All this translates into a low return on your investment of time. Often, you may earn only a dollar an hour… or less.
When Swagbucks Is Worth It
But if you’re sitting on the couch binging your favorite TV shows, why not earn some points at the same time? It’s not exactly free money, but if you have plenty of free time, it’s pretty close.
Like I said up top, it all depends on how you see things. If you’re looking for “make money online” ideas to replace your day job, Swagbucks won’t hold up, and this wouldn’t be a legitimate review if I didn’t let you know about the earning potential right now.
But if you want to turn the time you already spend on your phone or laptop into extra money, keep reading. With Swagbucks, you could earn enough to buy a couple movie tickets, an extra fast food meal every week, or at least a couple gallons of gas—all without leaving the mobile app.
If nothing else, as a Swagbucks member you could earn enough to pay your Hulu bill or your monthly Amazon Prime subscription.
