You need more SB to redeem for lower paypal amounts
By Lena Kovadlo
@lovebuglena (52174)
Staten Island, New York
December 9, 2019 1:40pm CST
On Swagbucks, whenever you redeemed for PayPal cash the minimum was always 2500 SB, which is $25.
Now they have lower amounts. There is $10 and $5 ones.
I have a little over 1000 SB and thought that I can redeem for $10. Turns out that is not the case.
To redeem for $10 you need 1335 SB and not 1000. I have not reached that yet so cannot cash out.
I can redeem for $5 but that will cost me 700 SB as opposed to 500 SB.
The $25 is the only one that doesn't cost you extra SB. I think I am better off waiting till I reach 2500 SB as I've always done before they had lower redemption amounts.
I wonder why they charge us more to redeem for lower amounts.
6 people like this
7 responses
@ScribbledAdNauseum (104615)
• United States
9 Dec 19
I think the charging for more isn't new. I don't use the site (and haven't used it all year) but can recall it from last year. I feel like the first redemption of the month is the base price (2500 for $25.00 etc) but every subsequent one costs more.
1 person likes this
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
I've always redeemed for $25 PayPal cash and never once was charged more than 2500 SB for that. The lower amounts are new. They haven't offered it till recently.
@ScribbledAdNauseum (104615)
• United States
10 Dec 19
@lovebuglena Ah, you are right, I got it confused with something else I think.
1 person likes this
@kobesbuddy (78833)
• East Tawas, Michigan
9 Dec 19
It's another method for SB to earn a little more money, each time you redeem your points.
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
But what's the difference between paying us $25 or $10 or $5? Isn't the PayPal fee the same? And I'd understand requiring us to have more SB to get higher PayPal amounts but for lower ones it makes no sense.
1 person likes this
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
@kobesbuddy Oh yeah. That makes sense. I didn't think of that.
1 person likes this
@kobesbuddy (78833)
• East Tawas, Michigan
10 Dec 19
@lovebuglena Actually, there will be more transactions, if a member transfers money every time they earn $5-$10. In comparison when they wait until $25, there will be only one transaction fee. Instead of paying paypal five times for transfers, they only have to pay them once.
@betlynfrnds (4071)
• United States
9 Dec 19
That's interesting. I was wondering how the lower cash out option worked on some of the gpt sites. Everything comes with a price tag.
@betlynfrnds (4071)
• United States
12 Dec 19
@lovebuglena I guess the good thing about it is that it gives members more options. The more choices there are, the happier the people are; at least sometimes. 
@lovebuglena (52174)
• Staten Island, New York
13 Dec 19
@betlynfrnds It is a good thing but I am not a fan of the fact that you have to pay extra SB to cash out for lower amounts.
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
It's recent that they started offering $10 and $5 redemption amounts.
1 person likes this
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
That is what I am thinking. It is not like I am desperate for ten bucks.
1 person likes this
@LindaOHio (222534)
• United States
9 Dec 19
I haven't used Swagbucks in quite some time. The cash-out sites all seem to raise their minimums over time.
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
Swagbucks didn't raise the minimum for PayPal redemption. You just have to spend extra SB to cash out for lower amounts, which wasn't available before, and it sucks.
1 person likes this
@LindaOHio (222534)
• United States
10 Dec 19
@lovebuglena That definitely sucks.
1 person likes this
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
It is a site that lets you earn points called SB (swagbucks) for doing different things and then you can redeem those points for gift cards or PayPal cash. You can do surveys, watch videos, discover content online, do offers, search the web, shop online (and now in store) through Swagbucks, dine out, among other things. to earn SB.
1 person likes this
@Nakitakona (59987)
• Philippines
11 Dec 19
@lovebuglena It's nice is it free to join? No investment? Is it worldwide or international?
@lovebuglena (52174)
• Staten Island, New York
11 Dec 19
@Nakitakona It is free to join. Unfortunately, I am not sure which countries can participate. I am sure that info is available on the website somewhere.
1 person likes this
@lovebuglena (52174)
• Staten Island, New York
10 Dec 19
I noticed other gift cards that are for low amounts don't charge you extra SB. Puzzled why the PayPal one does.
1 person likes this
