Let’s face it, no matter how much money we make we can always use some extra. While I don’t believe we should spend our entire lives chasing after money – one of the keys to personal finances and happiness in general is to constantly find new sources of income.
In fact the average millionaire has 7 income streams while the average employee has 1. If it’s good enough for millionaires to look at other ways to make more money then it’s good enough for us, right?
Something I found recently, well actually it was my wife. Was a company called inboxdollars, one day she told me she made $20 just taking surveys and stuff, that was one day on her day off while she was outside on our deck.
I asked her about it and she couldn’t really tell me anything about it and I sounded like a scam so I deicded to research them. Here’s what I found:
What Is InboxDollars?
InboxDollars is a company that claims to pay cash for taking surveys, reading emails, playing games and signing up for special offers.
Sounds great right? Well maybe – if it’s legit.
Why Would InboxDollars Pay You For Such Simple Tasks?
After reading up on them a lot I think I have an understanding on why they pay people cash money for such simple tasks. For instance by taking surveys I assume a company is paying InboxDollars some amount of money per survey that is filled out and InboxDollars will give you a percentage of what they make.
Also they say they pay you to read emails, which is true. However the email is about an offer that they think would interest you and obviously if you by it they receive a commission, to get a better open rate on their emails they basically bribe people to read them. Now they don’t pay much but it’s better than a rock to the face.
How Much Does InboxDollars Pay You?
Certain tasks pay more than others, here is a rough idea of their rates. Remember you won’t get rich or even close to it, but spending a few minutes a day to make some extra bucks can help a lot, add it too a savings account for pay off some debt and you’d be surprised.
- Reading Emails: $0.02 per email opened/read
- Surveys: $0.50
- Games: Only if you win a competition
- Offers: $1.00 to $20.00+
- and more
As you can see it’s really just nickel and dimes (or pennies) but it really does add up fast. Now it’s cool to have money in some virtual account, and as they said in the wolf of wall street: “They think they are getting rich, which they are; on paper. But we’re the ones taking home cold hard cash motherf….” So realistically its meaningless to get hundreds of dollars if you can’t redeem it for straight up cash, right?
How To Get Your Money From InboxDollars
First off, in order to request a payment you need to have at least $30 in your account. Once you request a payment they offer a few ways to pay you:
Their E-card is basically a voucher that you get to pick where you want to shop at from over 50 different merchants. You can mix and match it looks like, so if you had $50 in inboxdollars that you requested to be paid,you could divide that up to where you want to spend it.
Say $10 at Target, $20 at Nike and $20 at Amazon. You’ll then get those gift cards or something similar. Note that some merchants have individual minimums to redeem.
The cool thing is there are no fees, and it never expires! To pick your options you’ll get an email from Tango®
Visa Prepaid Card
You can also request to have your money deposited on a visa prepaid card and is accepted at any location that accepts visa.
You can elect to have either a virtual one or wait and have one mailed to your mailbox. Not only is the virtual faster but there isn’t a fee, whereas the mailed card there is a $3.00 fee so I’d recommend the virtual card if this is the option for you.
Note: Prepaid Visa® is not available for cash withdrawal at bank, ATM, and is not reloaded with future payments. If you request cash please choose the Check Payment option
Check From InboxDollars
You can also elect to have your funds put on a check and mailed to your address so you can do whatever you like with it. This is the option I choose because I like to put it into my high yield savings account.
After being processed the checks usually only take 3-4 days to show up.
Payment Request Processing Time
From the time you submit your request to get paid to the time they send you your payment details or mail the check is 10-16 days for regular members and 3to 9 days for Gold members. This means it can take two to four weeks to actually receive your check, if you want to make sure you get your payment processed around 10 days then a check needs to be requested by the end of the day on a Sunday (11:59 p.m. CST) in order to process in 10 days.
InboxDollars Gold Membership
You become a gold member after you have received your first payment. There are no fees to becoming a gold member and you get some cool benefits. You get faster payments and Gold Membership gives you an additional Sweeps for each Sweep earned. This doubles your chances to win!
- They pay you for doing very quick and simple things
- They give you $5 for signing up
- You can make as much as you want, or not
- No deadlines to make
- Never need to buy anything
- They pay you to refer your friends
- Payments take a while to physically get
- $3.00 fee when you request a payment
Final Verdict on InboxDollars
Overall they have a decent idea, it helps them have a loyal customer base which allows them to strike better deals and offers. It’s not a bad way to make a quick couple extra bucks, maybe pay for your lunch each day? But you’ll never get rich from them – but that was never the goal. I would highly recommend them s they are very trustworthy and have been in business since 2000! My wife and I use them to make some extra money and we try to make $30 a month from them and add it all to savings.
Click the link below and see how easy it is to sign up and make some cash!