Saturday, November 07, 2009

SurveySpot moves to PayPal

SurveySpot has decided to switch their payment program to paypal. I am very excited about this. You will no longer have to wait 4-6 weeks for a check payment delivered through snail mail.

They have also gone to a points system, 1,000 points equals $10.00. If you qualify for and complete a survey that offers points, the points will be immediately added to your account. Once you reach the $10.00 cash out threshold you can request payment. I am not completely clear on how long it will take to receive your payments to your paypal account after requests are made though. The site states "As soon as the payment has been processed, you will receive an e-mail notification (please be sure to check your junk mail/spam filters for this correspondence). You can then immediately collect your reward by logging into your PayPal account!" but as I said I'm not clear as to whether this is an instant process or done manually.

If you have existing cash rewards from the old SurveySpot system be sure to log in and request a payment. Old cash rewards will not be converted to points. So don't miss out on any money you may have already earned. If you do have any unclaimed rewards from the old SurveySpot site you will see a link in the Rewards Claim area allowing you to claim the rewards on the old site in the form of a check.