Do you have any free time at night after the kids are in bed? Wish you had something to do when you’re tired of watching Netflix? Maybe you get sick of scrolling Facebook and wish you could be more productive, or perhaps you’re bored and looking for a new hobby.
Also: Are you broke as shit?
Enter Prize Rebel – an online survey site that can be surprisingly addictive, in part because it pays you! Discover in this Prize Rebel review how you can use your free time to earn cash and prizes just for filling out online surveys and performing basic tasks online. Best of all, it’s free to sign up for and insanely easy to get started.
How to earn money with Prize Rebel
I get that this might sound too good to be true. Why would someone pay you to answer questions online?
Long story short: Prize Rebel partners with companies and brands to complete market research surveys they use to build business plans. By answering survey questions and providing your feedback, you can help them learn how consumers like you actually feel about their products and services.
Earning money with Prize Rebel is simple. You start by signing up for a free account using your email, or you can link the website with your Facebook login and sign up for a free account. As with most survey sites, you have to be at least 18 to open an account. Other than that, there are no rules or criteria to qualify.
To start taking surveys, enter basic information about yourself and create a profile. Prize Rebel will ask for your age, your gender, your address, how many kids you have, your ethnicity, and your household income, for example. From there, you’ll get access to surveys that fit your profile.
Once you sign up, browse offers for different survey category. Each survey has an award system that is built around Prize Rebel “points.” The more surveys you take and the more questions you answer, the more points you earn.
The number of points you can earn for a survey depends on the type of questionnaire it is, how many questions are involved, and the specific offers available. However, many of the basic surveys range from 50–200 points each.
Fortunately, it’s pretty easy to figure out how long each survey will take. Prize Rebel lists an approximate survey time next to each one so you know exactly how much time you need to set aside. Most surveys take between 5 and 20 minutes.
Once you select a survey, you may need to answer a few other questions to get pre-qualified. If you fit the criteria they want, you will be directed to open another window and begin the survey. To get started, you’ll simply select the answer that fits then hit “next” until the survey is complete. Once the survey is done, you’ll receive a message that says it’s over so you can move on to the next one.
Unfortunately, there are times when you’ll start a survey only to find you aren’t a “match.” This is one of the biggest downsides of Prize Rebel since you may occasionally spend time answering questions without getting the payout if you aren’t the right fit for the specific offer.
Still, spending most of your time on the survey section of Prize Rebel is the best way to get matched for as many surveys as possible. Ultimately, surveys are the best way to make money with this website, so that’s where you’ll want to devote your time.
Other ways to earn with Prize Rebel
In addition to surveys, Prize Rebel does let you earn nominal amounts of points for completing other tasks. For example, you can earn points for watching videos, inviting friends to use the platform, like Prize Rebel on Facebook, and more. There are also “jobs” you can complete to earn extra points, although the offers change all the time.
At the end of the day, the best way to rack up points with Prize Rebel is to take all the surveys you qualify for, check in periodically on the special tasks, and invite friends to use the platform.
Inviting friends to join the platform is easily one of the best ways to use your time as well since you earn 20% referral points from anyone you refer. Prize Rebel will even give you a special referral code you can share on Facebook and all your other social media platforms. This makes it easy to rack up points since your friends can click directly on your link to sign up and all of the tracking is taken care of for you.
How much can you earn with Prize Rebel?
The most important details to remember with this website is that generally speaking, 100 points is worth $1, so a typical a survey being worth 200 points will help you earn $2 in rewards. This is not a lot of money, but can add up quickly if you can crank out several surveys per hour every day or at least a few times per week.
Imagine you were able to earn 1,000 points per week by completing five bigger surveys or 10-15 shorter ones. In that case, you would rack up $10 in rewards per week. If you could double your output, you could earn $20 per week and at least $80 per month. If you have nothing but free time, on the other hand, you could probably complete a lot more surveys and tasks for even higher earnings.
On the redemption side, you can cash in your points a few different ways. The easiest and most lucrative redemption is by cashing in your points via Paypal. Prize Rebel lets you do this for prize amounts that fall between $5 and $500. You can also cash in your points for gift cards to stores like Best Buy, Whole Foods, and Walmart.
Advantages of using prize Rebel
The biggest benefit of Prize Rebel is the fact that it’s free to use and easy to sign up for. The surveys you take are easy as well since they require you to share insights on your spending style and preferences for certain purchases.
It’s also worth noting that Prize Rebel does not make you jump through a bunch of hoops to redeem your points. You can cash them in for Paypal cash or gift cards, which makes this an option that could work for anyone. After all, who wouldn’t want some extra money or gift cards?
Finally, we like the way you can use Prize Rebel when you want without a big commitment. If the weather is bad and you want to fill out surveys all day, that’s fine. But since you’re not obligated to perform any tasks at all, it’s also fine to ignore the surveys in your account for weeks or months at a time.
Disadvantages of Prize Rebel
Prize Rebel is free to sign up for and easy to use. With that in mind, what’s not to like?
The biggest downside to using the website is that the payouts aren’t that great. Sure, you can take a survey while you watch TV. But, how excited can a person get about earning $2? For that reason, you may want to think of Prize Rebel as a fun way to kill some time versus a real income-producing opportunity. You aren’t going to rich taking $2 surveys, after all. If you want to earn money in your spare time, you may be a lot better off picking up a real side hustle or getting a traditional part-time job.
Another downside we’ve already alluded to is the fact that, occasionally, you’ll start a survey only to find out that one of your responses has disqualified you. That’s not a huge deal, but you will miss out on earnings when that happens since you don’t get paid for surveys you don’t or can’t complete. And, if you get disqualified from too many surveys in a row, it’s easy to feel like Prize Rebel is wasting your time.
Should You Sign Up for Prize Rebel?
At the end of the day, only you know what your time is worth. If you would rather sit in front of the TV watching This is Us and don’t need the money, then spending your limited free time taking surveys for money is probably a bad idea. Even if you want to earn extra cash, everyone needs downtime.
On the flip side, it can’t hurt to sign up and earn some extra cash if you’re a busy body who loves being productive with their time. Maybe you want to start earning extra money for Christmas or you wish you had more “fun money” you could spend however you want. Since you can cash in your Prize Rebel points via Paypal or gift cards, it’s perfect for people who just want some extra cash to spend and don’t mind spending their free time earning it.
At the very least, you can sign up and give it a try. Since you earn points when you refer friends and surveys can be easy and fun, you have almost nothing to lose.
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Holly Johnson is a financial expert, award-winning writer, and Indiana mother of two who is obsessed with frugality, budgeting and travel. Her personal finance articles have been published in the U. S. News, Wall Street Journal, Fox Business, and Life Hacker. Holly is founder of of the family finance resource, ClubThrifty.com, and is the co-author of Zero Down Your Debt: Reclaim Your Income and Build a Life You’ll Love. Learn more about Holly here.