Daily Rewards Review: Earn Money With Online Surveys and More
When you think of paid survey websites, names like Swagbucks and Survey Junkie come to mind. After all, Canadians have been using these sites to make extra money for many years. But there are several other survey sites out there, offering lots of ways to make money online. One of them is Daily Rewards. In this Daily Rewards review, I’ll cover all the basics; how it works, the different ways you can earn, its pros and cons, and how it stacks up to other sites.
Introducing Daily Rewards
Daily Rewards is a Canadian survey website, owned by the same company that runs Inbox Dollars in the US. Think of it as an Inbox Dollars Canada. It’s been running north of the border since 2014, rewarding members with PayPal cash when they complete a wide range of activities online; searching the web, shopping, completing surveys, watching videos, and even referring their friends.
How Daily Rewards Works
The signup process is simple. You’ll need to provide your email address, along with some personal information via a short survey, which you’ll be paid $.50 to complete. In addition, you’ll receive a $5 bonus just for signing up. Once you verify your account with your email, you’re ready to go.
Earning Money With Daily Rewards
With Daily Rewards, there are at least 6 ways to earn, by my count. Here’s the list I compiled, along with a brief description:
Paid Surveys: When you complete surveys, you’ll earn up to $3.00. It’s definitely not the richest survey site out there, and many of the surveys tend to be somewhat time-consuming, but over time, the rewards add up.
Playing Games: You can earn money with Daily Rewards by playing some of your favourite games online, like Wheel of Fortune, Vegas Nights, and Bejewelled.
Watching Videos: You can get paid to watch videos directly on the Daily Rewards website.
Completing Offers: By taking advantage of offers presented by Daily Rewards, you can make up to $100. Of course, the larger payment amounts are incredibly rare, but it’s yet another way to add to your earnings. Offers include trying out different products and services or participating in other surveys from partner websites.
Performing online tasks: You can get paid to perform specific tasks. Examples would be completing web searches, or sorting through online content.
Refer a friend: Send your friend a Daily Rewards referral link. They’ll earn $5 at signup, and you’ll get 10% of whatever they earn when they use the site.
Daily Rewards Gold Membership
Upon receiving your first $30 payment from Daily Rewards via PayPal cash, you’ll automatically be upgraded to a gold membership. This entitles you to improved rewards, including referrals, and faster payments.
Pros and Cons of Daily Rewards
Like any survey site, Daily Rewards has its pros and cons. For example, the signup bonus is great, and I like that you earn actual cash, via PayPal. On the flip side, many online reviewers have commented on the lengthy surveys and rather low payouts. This list of pros and cons will help you know what to expect:
- Free to join, plus a $5 sign-up bonus
- Multiple ways to make money
- Partnered with other survey sites
- Automatic upgrade to Gold Membership
- Daily surveys
- Earn cash via PayPal
- Too many survey qualifying questions
- Too many non-qualifying surveys
- High minimum payout amount of $30
- Low payouts per task
Daily Rewards vs. Swagbucks
Daily Rewards shares a few similarities with Swagbucks, one of the most popular survey sites in Canada, and a top choice here at MapleMoney. For starters, with both companies, there are many different ways to earn.
One thing I prefer about Daily Rewards is the transparency of their earnings. Each survey or task is assigned a dollar value, whereas with Swagbucks you earn SB points, which means that you have to do the conversion to actual cash.
That said, Swagbucks outperforms Daily Rewards in some key areas. With Swagbucks, you don’t have to wait until you earn $30 to be paid out. You can redeem points for gift cards as low as $3, or PayPal cash at $5. For larger amounts, there is a wide variety of gift cards available from your favourite restaurants and retailers. In addition, there are more options for online shopping with Swagbucks, making it a great way to earn points quickly. A good idea might be to sign up for both programs and grab the $5 sign-up bonus from each site.
Daily Rewards Alternatives
Below is a list of Daily Rewards alternatives, in addition to Swagbucks.
Survey Junkie is free to join, and they make it easy to earn rewards with a minimum payout threshold of $10. SJ will use your profile to match you to surveys, and as you accumulate points, you can redeem them for PayPal Cash and eGift cards from top retailers, like Amazon.
MyPoints is a U.S.-based website that’s also available to Canadians. You’ll earn points by taking surveys, and you can redeem them for gift cards to several top retailers. One of the best features is the low minimum payout threshold of $5. One drawback; some of the retail partners (gift cards) aren’t available to Canadians.
Pinecone Research pays cash rewards for surveys, as much as $5 per survey. There is no payout threshold, so you can get paid very quickly via a PayPal payment, gift cards, or a cheque in the mail.
Is Daily Rewards Legit?
Because there are so many scammy survey websites out there, the question will certainly be asked: is Daily Rewards a safe and legit survey site? The answer is yes. The parent company, Cotterweb Enterprises, has been around for more than 20 years and runs large survey sites in the US and the U.K., as well as Canada. General reviews for Daily Rewards are positive. Checking out the review website, Trust Pilot, I found that more than 80% of reviews for Daily Rewards were above average.
How to Make the Most of Daily Rewards
In summary, Daily Rewards is a legit survey website for Canadians, albeit one that will take you a while to get paid. I love the $5 sign-up bonus and the ability to refer friends, but most of the payouts are very small, so it takes time to earn. My best advice for all survey websites, including Daily Rewards, is to sign up on multiple sites. That way, you can pick and choose the activities that are paying the most money, while receiving more surveys to complete.
Remember this. You’re never going to get rich completing online surveys, but you may be able to make enough money to subsidize the smaller things, like your coffee habit. And that is a good thing.