MySurvey claims to be the world’s #1 paid survey site. On their About page, MySurvey.com describes itself as “a group of consumers from all over the United States, who influence future products and services by volunteering to participate in consumer research.” How can MySurvey be the #1 paid survey site when its members are volunteers?
Name of Product: MySurvey
Website: MySurvey.com
Price: Free
Owner: Lightspeed GMI
opinion: Not Recommended
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What is MySurvey about?
MySurvey is a legitimate online survey website. By this, I mean it gathers information that companies use for product development and marketing.
However, just because it is a legitimate survey site doesn’t mean it’s worth your time.
According to their About Page, MySurvey is a paid survey site that gathers consumer opinions. These opinions are then used by companies to develop new products and services or to improve existing products and services.
In addition to various product surveys, each month, MySurvey conducts the Conference Board Consumer Confidence Survey. The results of this survey create a valuable economic indicator used by economists, investors, and business analysts.
On its website, MySurvey describes itself as:
“. . . an online paid survey community where consumers influence future products and services by volunteering to participate in consumer research, such as online surveys and product tests. Members enjoy the benefits of voicing their opinions while also getting rewarded and make money online.” (Source: MySurvey)
Please read the above again and pay close attention to the line that says “volunteering to participate in consumer research.”
By definition, volunteers are not paid. Keep that in mind.
Is it just me or does it seem odd that MySurvey would promise you can make money but then consider you a volunteer?
MySurvey Reality Check.
Now, let’s take a step back and look at MySurvey a little differently. We’ll begin with its parent company Lightspeed GMI.
Lightspeed GMI is a massive, global company that specializes in connecting corporations to online consumers.
Through Lightspeed GMI and specifically through MySurvey, companies learn what the online consumer is thinking.
Lightspeed GMI is an online consumer intelligence center. It’s like the CIA of consumer intelligence, and MySurvey is one of Lightspeed GMI’s intelligence-gathering operations.
If you join MySurvey, you are nothing more than a source of information. MySurvey will draw you in with implied promises of making money, but in the end, they will extract as much information from you as possible while paying you little or nothing.
After they have gotten all the information they want from you, they will lock you out.
Why MySurvey?
If you are considering joining MySurvey, it is essential that you think about why you want to join. Is it to make money?
Honestly, you probably won’t make any money with MySurvey. At best, you won’t make very much.
I’ve never heard of anyone making a full-time or even a modest part-time income from filling out surveys. It just doesn’t happen.
From what I can tell from my research, very few MySurvey members even make $10 a month. And, that’s after spending hours filling out surveys and online diaries and jumping through endless email and survey hoops.
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What Does “Make Money” Mean?
The MySurvey website does not state any specific claims about how much money you can make. In fact, it explicitly avoids specifics while dangling the “make money” carrot under your nose.
What does MySurvey “mean by make money”? After all, one penny is money, so is one million dollars. If MySurvey pays you one cent, does that mean you made money?
How to Earn Genuine Fake Money.
Unless you refer people to MySurvey, you will not even earn real money. Instead, you will earn “Survey Rewards.” “Survey Rewards” is fake money you can only spend in one place.
According to the MySurvey website, MySurvey rewards you with “Survey Rewards” for completing surveys, keeping a diary and testing products in your home. After you accumulate enough points, you can redeem your “Survey Rewards” for products from the MySurvey Rewards Catalog.
“This includes a diverse range of products, e-certificates, gift cards and vouchers. Some of the more popular rewards are PayPal and Amazon e-certificates as well as electronic, home and personal care items.” (Source: MySurvey)
How long will it take you to earn enough “Survey Rewards” to get something from the catalog? The MySurvey website is not clear on this, but based on some of the online complaints, it can take a long time, maybe forever.
In fact, MySurvey may not pay you at all. There are many online complaints about members completing a survey but getting disqualified when they finished and not receiving anything. Or getting their account deactivated when they try to cash in their so-called rewards.
“I spent many many weeks taking these surveys. They were fun and offered great value. As soon as I reached a point of cashing in, I was locked out of my account and have not received a reply to any of the emails I have sent. DONT WASTE YOUR TIME!” Leigh (Source: SurveyPolice.com)
“Most of the surveys promise point rewards but only give prize draw entries after completion. I get screened out of the majority of them and the ones I did complete, took way longer than expected to finish. I just spent 30 mins filling out a survey and after getting a message saying thank you for completing it, I got an error message, so I didn’t get any points.” Kylie (Source: SurveyPolice.com)
“Without any notice, my account with My Survey was deactivated. I have emailed them three times and each time a survey is sent to me all I get told is “your account is not activated” when I try to do the survey they sent. What is wrong with this company? Judging by a few reviews I have read on various panels quite a few people have had the same done to them. AVOID this site at all costs – they deactivate panelists accounts without any warning and have the most bizarre excuses as to why they did it in the first place.” George (Source: SurveyPolice)
What About Favorable MySurvey Reviews?
In my experience, the only websites with favorable reviews of MySurvey are affiliate sites that try to get you to sign up so they can make a small commission.
The One Way to Make Cash with MySurvey.
There is one way to make money with MySurvey, and that is to get other people to sign up. Everything else you earn with MySurvey can only be used to get stuff in the catalog or for a chance to win a sweepstakes or contest.
For every person you get to sign up with MySurvey, you will receive about $1.32 worth of rewards credit which you can redeem via PayPal.
Isn’t it interesting how websites with favorable reviews of MySurvey all encourage you to sign up through their link? They’re selling you out for $1.32.
Lifestyle Surveys.
Before you can complete surveys for credits, MySurvey will ask you to complete several smaller questionnaires which they call “Lifestyle Surveys.”
These lifestyle surveys allow MySurvey to determine which of the longer surveys you are qualified to complete. However, at the same time, they are gathering your personal information.
These lifestyle surveys might just a way for MySurvey to get information out of you without paying you for it.
The Front Page Giveth and the Back Page Taketh Away.
“Never bet a man at his own game.” Unknown.
In the ‘MySurvey Membership Terms and Conditions,’ MySurvey and its parent company, Lightspeed GMI, make it clear they can terminate you whenever they want. MySurvey can also lock you out of the website without warning or reason.
And, if they terminate you, you will automatically forfeit all of your earnings. MySurvey and Lightspeed GMI also reserve the right to change the rules whenever they want. In other words, they don’t have to pay you.
You could fill out a b-zillion surveys and be owed a g-zillion “Survey Rewards” and with a simple click of the mouse, MySurvey can take it all away.
If you sign up for MySurvey, you’re playing their game by their rules. You can’t win.
Don’t Take It Personally.
Businesses only speak one language, the language of accounting. And, they only understand one thing, the bottom line. Like a shark on the prowl, corporations are always searching for ways to maximize profits and minimize losses.
In other words, they like to keep the profit for themselves and push the expenses on to you.
When it comes to survey sites like MySurvey, that means doing everything they can to get the information from you without paying for it.
I don’t think MySurvey is sinister, but I do believe they will manipulate and exploit you to improve their bottom line.
The fact you spend an hour on a survey means nothing to them. If they can get the information without paying you for it. They will. Don’t take it personally.
It’s the same with every survey site I’ve researched. They all will extract as much information out of you as possible but pay you’re as little as possible if anything.
And, once they’ve used you up, they will shut you out.
The only way to win the online survey game is not to play.
The Last Word on MySurvey.
Completing surveys is not the way to earn money on online. At best, it is a horrid waste of your time. At worse, it can cost you money, your privacy and spam your inbox to death.
Why not invest your time in building an online business that has the potential of earning a full-time income? That kind of money can change your life.
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If you found this article helpful or have experience with MySurvey, please leave a comment below.
This is a great review of MySurvey. I have always wondered how survey sites worked and if they were just scams. Now I know this site isn’t really worth my time. Thank you for sharing all of the great information. What ways do you suggest to make money instead of survey sites?
Hi, Guy!
Yes, survey sites are a waste of time and probably will compromise your privacy too. Don’t even get tempted because there is nothing good to be had.
Thanks for stopping by,
Gary
MySurvey can entice people since they want to believe that they can make money with very little effort. I am glad that I read this post and I am going to show it to my friend who wants me to sign up cause he is convinced that MySurvey is going to replace his job. Seriously, I do not know what he is thinking. I signed up for another survey scam, where you also earned points that you could cash in on merchandise. Well, I would take a survey, which took a LONG time to complete only to be told that I was not eligible to participate in the survey. It was a complete waste of time and it was a scam, just like MySurvey.
Hi, Erin!
Surveys will never replace anyone’s job. Your friend would be lucky to earn $10 a month and will probably have to work 40 hours a week to get that. And that’s assuming that MySurvey pays your friend!
If your friend is interested in a proven strategy for making money online and an ethical place to learn how, send him here. It’s where I learned.
Thanks for stopping by,
Gary
Thanks for the great review.
I agree with you that you will never become rich by doing Surveys. Not only do they take up a lot a precious time, but the amount you get paid is not really worth it in the end.
However, I haven’t heard of a survey site that doesn’t pay you until I read this review of yours. That is really not on, and there should be a way to take sites like this down.
Hi, Michel!
I’m surprised survey sites like MySurvey are not de-indexed from the search engines. We can only hope that eventually their reputation will be their undoing.
Thanks for stopping by,
Gary
aIYEEE RUN DON’T WALK AWAY IS WHAT i GET FROM THAT REVIEW OF mYsURVEY. I never tried that one but I have done a few in my time. You are right. They are hardly worth the time. I figured maybe I could do them on the phone while waiting for an appt or something but that didn’t work out. Your $10 per month number is spot on. I don’t think I ever got that far. Thanks for your honest review.
Hi, Dennis!
Thanks for sharing your experience with survey sites. There are so many better ways to spend your time aren’t there?
All the best,
Gary
Hey Gary. Thank you for your great review about MySurvey. Its great information for anyone out there looking into making money online.
I was one of the unfortunate ones that looked into MySurvey a while back and I fell flat on my face with them too. After long hours and many forms etc the excuse for me not to be able to get paid by them was that my country does not qualify…..
I believe your review will help those that need the information like I did before they waste their time.
I had a look at your other post on WA (Best Digital Home Based Business). This one I found to be the best too. Really changed my life.
May your posts reach those that desperately need it in time. Thank you for a great site and great useful information.
Hi, Marlene!
Thanks for sharing your experience with MySurvey. I wish more people could see that it’s a waste of time and focus on building a legitimate online business.
Thanks for stopping by,
Gary
Thanks for the heads up with Mysurvey, my son is looking for ways to make some money online in between college. I know he has been looking into completing surveys as a way to.
I will be certainly be warning him off this particular one. Do you have any advice for my son. He is interested in online opportunities but I am wary of him getting conned. Your advice would be gratefully received.
Hi, Alan!
I appreciate your comment. I’m sure your son would be disappointed with surveys. They really are a lousy way to make money. Most, like MySurvey, aren’t really surveys at all. They are marketing companies that will cost you money and your privacy.
If I had a college age son, I’d encourage him to consider building an online business. The best place I’ve found to learn offers a free trial membership so he can take a close look to see if it’s something he’d like to do. Building a legitimate online business takes time. The money doesn’t come right away, but it does come and it’s possible to eventually earn 6 figures.
Thanks for stopping by,
Gary
What a pathetic way of making money online ‘MySurvey!”
Thank you so much Gary for shedding light on this. You really went down to the point. There’s no need to waste one’s time on businesses that exploit you instead of helping you earn the money.
Hoping a lot of people will read your posts to take precaution.
Hi, Geraldine!
Thanks so much for stopping by. Yes, MySurvey is a real stinker. Their website makes it look so easy to make money, but that just isn’t true. Surveys are simply not a viable way to make money. They are a waste of time and may compromise your personal information as well.
All the best,
Gary
I have just hear stories of how to make money working right from your backyard, but had never really understood how this works. Today after going through your website, I have managed to sign up for wealthy affiliate platform and has immediately started building my website easily.
Oh my God! this is a very great resource and honestly I could leave this website without thanking you.
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Cheers,
Jose
Hi, Jose!
I’m glad you found Wealthy Affiliate. It is without a doubt, the best chance most people will have to be financially independent. The free starter membership makes it easy for anyone to check it out.
Wealthy Affiliate works and has helped thousands of people built online businesses they can manage from anywhere in the world. The simple strategy Wealthy Affiliate teaches works with the search engines so all the power of Google, Bing, and Yahoo is working to build your business.
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Gary
Thanks for this review! I have a friend who was thinking about checking out Mysurvey and now I know that it’s a waste of time and I can push them towards other options. I really appreciate all of the information that you shared about it and I look forward to reading more from you!
Hi, Jessica!
Online surveys really are a waste of time. Mysurvey is one of the worse.
If you want to make money online, it’s important to understand there is no magic button that turns the Internet into an ATM. Essentially, there are three ways to make money online 1. Freelance, if you have the skills. 2. Sell other people’s products. 3. Sell you own products.
The easiest and fastest way to make money online is to be an affiliate and sell other people’s products through an authority website you own. While this is the fastest way to make money, it still is not over-night riches and may take months before you make your first sale. However, the earning potential is unlimited.
If you’d like to learn how to do this, I recommend you read my article How to Really Make Money Online and Never Get Scammed.
All the best,
Gary
This is a really great post about the website “MySurvey”, it is to the point which I really enjoy and the screenshots from the website show that you have really gone in and read over everything. I have always wondered about websites saying that you can make money off surveys and while I’ve known they’re probably not legit reading your post has made me more aware of wording websites can use to scam you and how you should always read between the lines. Thanks for the great information!
Hi, Brianna!
Thanks for stopping by. I’m pleased you found my article about MySurvey helpful.
Unfortunately, even the so-called legitimate survey sites have a hidden agenda to get as much information out of you as possible. At best, you can only earn pennies per hour.
Building your own online business is really the best way to make money on the internet.
All the best,
Gary