Is Daily Rewards A Scam Or Legit Way To Make Money Online?

is daily rewards a scam

Welcome to the Daily Rewards review where we’re going to answer the question: “Is Daily Rewards a scam?

I promise to cut through the fluff and the hype and just get straight to fact of the matter. We’re going to do a bit of digging around to see what we can find out about this as a money making opportunity – the good, the bad and the ugly.

Let me start by telling you here and now: I don’t work for Daily Rewards and unlike most of the reviews out there, this is not sponsored so I’m free to give it to you straight up.

Are you ready?

Let’s get into it then…

The Daily Rewards review – quick version

If you haven’t got time to read the full review then here’s a brief summary of all you need to know.

Daily Rewards is a site where you can take surveys, watch videos and complete other seemingly easy tasks to earn points and cash out.

On the surface, doing simple things like playing games and earning extra money while you’re waiting for the bus or watching TV sounds like a no brainer – but after signing up to Daily Rewards it didn’t take me long to realise this is nothing but a huge time sucking, energy draining exercise that will leave you with virtually nothing to show for it.

As I’ll show you below, you can put 6 hours a day into this, get bored out of your head and still not make even $10 a week. When you actually sit down and work out how much money you’re making, it’s no more than $1.50 an hour.

And this is assuming you can find surveys that fit your location, gender and family situation…

Many members call Daily Rewards a scam saying they get thrown out of surveys 20 minutes in after they’ve answered all the questions and given the companies that all-important information they’re looking for.

Swagbucks are one of the best paid sites out there that I’ve reviewed so far, but even so, I can only recommend them as a way to make an extra $20-$30 per month.

Getting rewarded with points for answering easy multiple choice questions in your spare time sounds good in theory, but you’re never going to make a full-time income doing this.

In truth, you’re getting paid peanuts to give away your personal information when you could better use your time to create a real online business for yourself.

There are free beginner’s courses like Wealthy Affiliate (where I got my start online) that can show you how to create websites based on a topic of interest or passion you have and turn them into thriving, profitable online businesses.

Launching and building a growing internet business is my number one recommended way to make money online, click on the button below to find out more and get instant access.

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What is Daily Rewards exactly?

is daily rewards a scam or legitDailyRewards has been around since 2014 as CotterWeb Enterprises’ Canadian version of Inbox Pounds (UK) and Inbox Dollars (US).

All three sites have exactly the same layout and slogan: “The online rewards club that pays!”

The only difference is each site’s surveys and offers are tailored for each specific country.

But the concept is the same: lure people in with a chance of winning big and they’ll spend hours of their time working for you almost for free.

As long as you’re a Canadian aged 18 years or older, you can earn a few cents giving your personal information to these companies.

How much money can you make with Daily Rewards?

Once your account reaches a balance of $30.00 you can request a PayPal payment but it’s going to take you months to get there and I’ll show you why…

7 ways you can make a few cents:

1. Get $5 for signing up and completing your account

daily rewardsTo lure people in they offer new members a $5 bonus just for signing up.

I found the sign up process  itself simple enough and once I created my account I had to answer a few questions about myself to complete my profile.

Unfortunately the vast majority of people never get to the minimum $30 needed to cash out…

Whether this is because they got bored and gave up, realised how time-consuming it was or found more worthwhile things to do with their time I don’t know.

2. Taking surveys

Surveys are the bread and butter of Daily Rewards. You answer questions about your shopping habits and you get $0.25 – $1.00 per survey.

The average survey, including pre-qualifyers can take you 30 minutes which means you’re working at an hourly rate of $2 an hour at best.

And in order to earn this it’s going to cost you your personal information – you’re going to have to tell companies exactly how much credit cards you’ve got, who your internet provider is, how many children you have and how much you spend on groceries each week and so on.

This makes me very nervous – I don’t know about you but I value my privacy and the last thing I want is companies holding this kind of information about me. Not just for data protection reasons, but because I know they’re going to sell my information on to other companies and get bombarded with spammy emails in my inbox.

daily rewards scam review

3. Searching the web

It sounds simple and it is, though the payouts are tiny. Just search any random keywords and phrases into their search bar and earn a quarter of a cent.

You can earn $0.01 for 4 searches, up to $0.15 per day. Do this every day for a month and you’ve banked a whopping $4.50 (sarcasm intended).

It sounds easy and simple, almost like you’re getting money for nothing. Maybe this is why there are so many people still doing this..

But here’s the deal:

Look at how much money you’re actually earning – how can you call this a viable way to make money on any planet?

**Update: Daily Rewards no longer offer paid search as an option.

4. Reading emails

So once you sign up Daily Rewards will send you emails, you can earn a cent for opening it. Sometimes you might have to like a Facebook page or complete a free trial offer. Many times an email is a promo to try and get you to sign up for something so that’s something you’ll need to watch out for.

I think this is how Daily Rewards are actually making their money – by getting paid from outside companies to send advertising offers to you.

5. Watching videos

Another way to earn Daily Rewards points is by watching videos, usually promos and ads. Again, you won’t earn much through this but it is very passive.

6. Referring friends to the site

If you’re friends got way too much time on his hands then you can send them over to Daily Rewards and earn 10% of what they earn every month. Referring friends is also another great way to earn money.

You get 10% of their overall earnings made from your referrals. But again, 10% isn’t much and most people that join don’t stay around for very long because they feel it is a waste of time. Because of that, you are not going to make much through this either.

7. Completing offers

Daily Rewards partner with other business that offer free trial offers and you can earn some points by signing up.

Obviously this could end up costing you way more money than you’ll ever earn if you’re not careful so my advice to you is, if you’re going to do this, keep a calendar and remember to cancel any subscriptions before the trial end date ends or you will be charged.

With Daily Rewards you’re working for less than minimum wage

Once your account reaches a balance of $30.00, you can request a PayPal payment but let’s just say it’s going to take you a while to get there…

When you sit down and work out the hourly rate, you’re working for peanuts. This is exactly why many members just get bored, give up and unsubscribe from the site before they ever get anywhere close to the minimum withdrawal threshold.

Some people accuse Daily Rewards of exploitation; of using misleading marketing to lure people into giving them their personal information.

It’s not just Daily Rewards who’s guilty of massively underpaying the people generating income for them – I have reviewed dozens of survey sites in the last few months and nearly all have the same complaints against them.

It’s not worth you time, they take too long to pay you and you’re working for less than $1 an hour.

It’s also worth keeping in mind that surveys aren’t available all the time. All in all, the amount of money you can actually earn with this is so limited it’s just not worth it.

I get it when people say it’s not a lot but it can all add up… But 10 x $0.30 is still only $3.00.

I see people over the moon and boasting on Facebook about how they’ve earned $30 in 3 months without realising how ridiculous this sounds.

While thing like searching, watching videos and answering paid surveys might seem easy, you could easily end up investing God-knows how many hours and still not make enough to buy a McDonalds happy meal!

is daily rewards a scam or not

Source: SurveyPolice

 

Is Daily Rewards a scam? No, but I can’t recommend it

is daily rewards a scam reviews

Daily Reward app reviews on Google Play

I don’t Daily Rewards is a scam. If you do manage to get to the $30 amount I think they will pay you.

But are they a legit way of making money online? Honestly I can’t say they are…

When you look at the average earnings per hour, the lack of surveys available and the sheer number of complaints aginast Daily Rewards online I think this is something you should avoid.

And if you’re not very careful to cancel the free offers before the end of the free trial date, Daily Rewards could end up taking more money out of account than it ever puts in.

Daily Rewards is a great money maker for the owners, but not for you as they survey taker. It’s all very monotonous, boring work where you have to give away a lot of your time and personal information with very little to show for it in the end.

A better way to make money online

If you really want to make serious money online then you need to create an internet business for yourself. This is not as difficult as it sounds and there are sites out there like Wealthy Affiliate that will guide you through everything you need to know step-by-step.

They don’t feed you with hype or unrealistic expectations, you do still need to put the work in but the great thing about making money online this way is that you get paid for the time and effort you put in time and time again.

Check out my Wealthy Affiliate review here to find out how I earn more than $6,000 every month online. You’ll get instant access to the best tools and training as well as amazing community support to guide you every step of the way.

The best part?

The beginner’s course is 100% free to start!

If you are currently a member of Daily Rewards and have had a positive or negative experience, please leave your feedback below.  Also, if you have any questions about this review, just ask.

Related posts:

Is Amazon Mechanical Turk A Scam?

– What is Survey Club About? A Full & Unbiased Review

– What is InboxPays – A Scam Or Legit?

2 Comments

  1. Arie October 4, 2017
    • Simon Crowe October 4, 2017

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