Swagbucks is a free rewards program to earn free gift cards and free money online. You can join Swagbucks on the Swagbucks website or by using the Swagbucks app. There are free apps in the iTunes and Google Play stores.

You can earn Swagbucks rewards for completing different online tasks like scanning receipts or answering surveys. Earn rewards as Swagbucks points (SB points that are just referred to as SB) and redeem them for payPal cash, gift cards to your favorite retailers, or a check in the mail.

But how does Swagbucks work and where does this money come from? We’ll explain how the Swagbucks rewards app works and answer some of the most common questions that users have about this online rewards program.

Does Swagbucks actually give you money?

Yes. Swagbucks actually gives you money. Swagbucks has given out over $832 million in cash and free gift cards to members. Everyday, over 7,000 gift cards are redeemed by Swagbucks users.

Swagbucks will give you money for completing different online activities you can do on your phone or your laptop. Here are the different ways to earn money:

  • Shop online (earn cash back rebates for purchases at over 10,000 stores)
  • Answer surveys
  • Play games
  • Redeem Swag codes (bonus codes you can find on Swagbucks’ social pages and in the Swagbucks blog)
  • Try free samples and free trials
  • Discover new products and services on the Swagbucks Offers page
  • Set Swagbucks homepage
  • Search the web with the Swagbucks search engine (results powered by Yahoo)
  • Make Swagbucks your default search engine
  • Purchase gift cards (Purchase from featured discount gift card sites and earn cash rebates)
  • Swagbucks Member Recognition Program (Reach different earning level tiers, get free rewards)
  • Invite friends (Refer friends to Swagbucks and you’ll get 10% of their qualified earnings for life – easy money)

How does Swagbucks pay you?

Swagbucks offers various payment methods and thresholds for cashing out. Users are able to cash out their earned points, including PayPal, gift cards, and prepaid Visa cards. The minimum threshold for cashing out via PayPal is 2,500 Swagbucks points, equivalent to $25, while gift cards can start from as low as 300 Swagbucks points, or $3. It is essential to understand the different redemption values and choose the most suitable payment method.

PayPal is one of the most common rewards. PayPal deposits are made into the PayPal account you specify (linked to your email address on that PayPal account). From there, you can safely transfer the money to your bank account or spend the funds at merchants who take PayPal.

Gift cards are sent to you electronically via email. You simply redeem the gift card code at checkout.

Earn SB Points, Cash Out with PayPal, Gift Cards, or Cash

You earn rewards for taking surveys, shopping online, playing games, and other activities in the form of Swagbucks points called SB. Every 100 SB is worth $1.00 US.

You can cash out your SB for as little as $1 and redeem the $1.00 gift card option for Amazon. (Yes, Amazon has $1.00 gift cards. Kind of mind boggling, isn’t it?)

Every month, you can save 12% on a $25 gift card in the Swagbucks rewards store. This means that for $22 you can get a $25 gift card. You can save 12% on Amazon gift cards, Target gift cards, Apple gift cards, Walmart gift cards, and more.

Sometimes gift cards are on sale for even more generous discounts. For example, right now you can redeem a prepaid Mastercard for 13% off or a Giftpax card for 30% off.

Can you get scammed on Swagbucks?

Theoretically, it’s possible. That’s like asking if you can get scammed by Walmart, Target, or any other store or brand.

Swagbucks is a California-based business that has been in operation since 2008. (That’s eons for an Internet company.) Swagbucks parent company, Prodege, owns several consumer rewards brands including Tada, Ysense, and CouponCause.

All this means that Swagbucks is a longstanding business that isn’t going anywhere. Swagbucks has been featured in many business journals and blogs as a trustworthy way to earn money online. Swagbucks pays you as promised. If Swagbucks says you’ll earn X dollars for an activity, Swagbucks will pay it. Make sure that you understand the details of the offer or activity – some may take several days to credit.

How much money can you make using Swagbucks?

Most Swagbucks users can reasonably earn $50 to $250 a month using Swagbucks. It’s a reliable way to earn money online, but it is not an income replacement.

I’ve used Swagbucks for 8 years and earn Swagbucks points every month. In a given month, I’ll earn points worth anywhere from $1 to $350. It just depends how much time I put into it.

There are many dedicated members who have reached diamond status and earned at least $20,000 using Swagbucks.

Diamond status is part of the Swagbucks Member Recognition Program. There are 10 different reward levels you can reach based on your total lifetime earnings.

  1. Pearl: $2.50 in earnings
  2. Opal: $10 in earnings
  3. Onyx: $50 in earnings
  4. Amethyst: $100 in earnings
  5. Jade: $500 in earnings
  6. Topaz: $1,000 in earnings
  7. Sapphire: $2,500 in earnings
  8. Emerald: $5,000 in earnings
  9. Ruby: $10,000 in earnings
  10. Diamond: $20,000 in earnings

With each new tier you reach, there are associated bonuses and cash prizes. At the Ruby level, you get a one time bonus of 15,000 SB (or $150), double SB on your next 3 surveys, quicker crediting for online shopping, and other additional perks.

How much does Swagbucks pay per survey?

Most online surveys on Swagbucks pay $0.25 to $5.00. There are some short surveys (1-question polls) that pay a couple cents. There are also longer, more involved surveys that can pay $20 or more.

How can I get 1000 Swagbucks in one day?

To reach 1000 Swagbucks in one day, you could answer surveys (roughly 5 to 1o), shop online (at a store offering cash back rebates), or complete one or more offers.

Swagbucks offers are featured on the Discovery page and offer a fun way to earn extra money. You can get paid for signing up for freebies, exploring web content (reading articles and watching videos), trying new services, getting quotes, installing free apps, and more.

Offers can pay anywhere from 2-cents to $200.

How do I withdraw money from Swagbucks?

It’s easy to withdraw money from Swagbucks.

  1. Go to your profile (click or tap the profile icon)
  2. Select “Redeem your SB”
  3. Select the offer you want in the Swag Store (Swagbucks Rewards store)
  4. Verify your email address and account information.

You can search offers by category, dollar amount, sale (gift cards offered at a discount), or by rewards that you can afford now.

After you select your reward, you’ll need to confirm your Swagbucks account details. You may need to make some edits. Perhaps you signed up for Swagbucks with one email address, but your PayPal account is connected to a different one. You would need to update the email address on your Swagbucks account. Swagbucks will only send your PayPal cash to a PayPal email that matches your Swagbucks email. This is to prevent Swagbucks from sending money to any wrong email address that you provide by accident.

Depending on the reward, it can take anywhere from 1-3 days to 7-10 days to get your reward. Checks, for example, need to be issued and then mailed out. Checks go out in the mail once a week. E-gift cards are sent to your email address.

Some rewards are more instant (for members at certain recognition levels or for Sweepstakes entries), but most will take at least a couple of days. Swagbucks needs to verify the earning activity on your account appears valid.

Final Thoughts on Swagbucks: Is Swagbucks Worth It?

Swagbucks is definitely a legitimate way to earn extra money online – or to save money and give your personal finance a boost. It’s an easy way to turn casual downtime on your phone into earn-extra-cash time. 

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