What's with "points" on online earning sites?
April 21, 2016 3:22pm CST
This is me venting. Hope you all don't mind. I am a member of a lot of several paid survey sites, and a lot of them seem to operate in a "points" manner. Rather than the dollar amount we have here at MyLot, and a few of the good sites, many survey sites decide to pay you out in "points". For example, if you reach 500 points - you have $5.00. Some are more confusing than others. I recently joined a site called MintVine after someone here suggesting it to me, and this is yet another site that pays in points. I don't even understand what the points to dollars ratio is - and I find it kind of inconvenient over all. Why don't sites just openly use "dollars on account" - why does it have to be POINTS? Do you experience this with your online earning sites? The only motivating factor (for the survey or GPT or whatever else company) I can think of is perhaps they want to fool people into thinking paid surveys are worth more - or something - I don't know. What do you think?
8 people like this
• United States
21 Apr 16
I like sites like MyLot that are transparent with it. Even the online earning site Opinion Outpost (which I love) has a points system but it's super easy to figure out. 10 points is $1. 5 points is .50 cents. When you have 100, you can cash out ($10). Other sites seem to have really wonky points - like that do not add up easily like this. I don't care for it, but it seems to be the way most sites are running these days. I just don't get why!!
• United States
21 Apr 16
Yes, I know, good point. But why do points not match the dollar amounts? I feel like on some sites I have to do the math to figure out how many points equals a dollar. It just seems like it would be more efficient to just straight out say what you are earning?
• Marion, Kansas
25 Apr 16
I think it makes it really convenient to change the rules when they decide to. i know of one site that started out 1000 points was $10 but quickly changed to 1000 points if $5. You can still cash out at 1000 points, but it is worth half as much.
23 Apr 16
I don't like points either. It takes a lot of time before one could convert them into cash. Also, the person has probably no recourse in case the site will end its business and users have not converted their points to cash yet because they have not met the minimum number of points. With my remote jobs, they all pay in dollars and they don't use the point system.