MyPoints Review in 2020: Is It Legit?

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If you love shopping online and earning easy money, you’ve probably heard of MyPoints before. It’s a super popular online shopping portal and rewards program, with users all over the country. 

With MyPoints, you can get up to 40% cashback at some of your favorite online retailers. On top of that, you can earn cash and rewards for ridiculously easy tasks like watching videos, testing games, and answering survey questions.

Sounds awesome, right?

The question is: is MyPoints really legit, or is this just another cashback scam?

I was curious, so I looked into MyPoints for myself. This post will tell you everything you need to know about this rewards site, including how it works, how much you can earn, and if it’s really worth your time. 

4
4/5

DollarFlow rating

EARNING STYLE

Earn points and Cash Back

OPPORTUNITIES

Find coupons to save money, earn cashback, fill out surveys, play games and watch videos for points.

REDEEM

Redeem through Paypal or for gift cards.

What is MyPoints?

Let’s start with the basics. What is MyPoints, and why do so many people use it?

Founded in 1996, MyPoints was one of the first online rewards programs — it totally paved the way for hundreds of other sites that took off in later years. They’re not the only player in the game anymore, but they are still incredibly popular. 

The goal of sites like MyPoints is to provide consumer data and market research to big brands, while rewarding users for providing that information. It’s free to sign up for these sites. They make money on commissions and by partnering with retailers, so they’re not trying to charge their users sneaky fees.

Today, MyPoints is owned by Prodege, the same company that owns some other mega-popular survey sites and rewards programs, including Swagbucks and InboxDollars

MyPoints shoppers use the site to access awesome cashback deals, and to earn points that they can convert into cash and rewards. It’s not a way to get rich or to supplement your income — but it is a fun, easy way to make a little cash in your spare time. 

Is it legit?

If you’re a little skeptical about sites like MyPoints, that’s understandable. We’ve all encountered online scams and get-rich-quick schemes that are just too good to be true.

I can tell you right now that MyPoints isn’t like that. This is definitely a legit site, backed by a reputable market research company. Since 1996, it has been highly-rated and well reviewed by professionals. 

It’s 100% free to sign up for MyPoints, and you won’t be charged any hidden fees. The site only collects your data with your explicit permission. There are no scams involved!

Of course, that alone doesn’t mean it’s a great way to earn money. But it is legitimate, and perfectly safe to use!

Who is MyPoints for?

So, MyPoints is legit. But who is it for?

In short, anyone. You have to be over 13 years old to create your account, and there are some privacy restrictions for teens under 18. Other than that, anyone can give it a shot!

That said, some people will get more out of MyPoints than others. It’s ideal for someone who has some free time in their day (like a long bus ride to work, or downtime in the evening) and wants to use that time to earn some spare cash. 

You’ll also get a lot out of MyPoints if you’re someone who likes to shop online. You can earn cashback of up to 40% without any extra effort, just by using the MyPoints shopping portal. Alongside cashback deals, they post offers and coupon codes for various products all the time. 

If you’re looking for a profitable side-hustle or need to make a lot of cash fast, MyPoints probably isn’t the solution for you. It’s all about earning little rewards for fun, easy tasks. 

How does it work?

Getting started with MyPoints is fast and easy. All you have to do is go to the website, enter your information, and you’re in. In most cases, it doesn’t take more than 30 seconds. 

After that, you can start browsing for deals or collecting points. There are multiple ways to earn with MyPoints — here’s a quick overview of each of them. 

1. Welcome Bonus

The first way you’ll earn with MyPoints is the initial welcome bonus. This is an awesome way to get new users hooked on the program. You’ll be excited about your earnings right off the bat, and take your first step toward redeeming your points for cash or gift cards. 

As soon as you spend up to $20 with one of their partnered retailers through the online shopping portal, you’ll receive 1750 points. That’s the equivalent of a $10 Amazon or Visa gift card. 

Yep, that’s 50% cashback on your first purchase. You’ll only receive this bonus once, but it’s a great start to your MyPoints experience. 

2. Cashback for online purchases

MyPoints is partnered with hundreds (maybe even thousands) of super popular retailers to bring you cashback in the form of points.

Just search for your favorite online retailer through the shopping portal, and make your purchase there. The amount of cashback points you’ll earn will vary depending on each retailer and product, but you’ll be surprised by some of the deals you can find. 

3. Featured offers

When you log into your MyPoints dashboard, you’ll see a “featured offers” section. That’s where you can find all kinds of special promotions that will reward you for things you would be doing already. 

For example, they offered rewards of up to 5,000 points for signing up to be a driver with Uber Eats, and up to 8,500 for donating to a particular charity. If those are things you were going to do anyway, it’s basically free money!

4. Coupons

Check out the “coupon codes” section on your MyPoints dashboard. You’ll find codes to special deals with tons of their partnered retailers. Apply the codes wherever you’re shopping online to save on your purchase or earn points. 

MyPoints also offers in-store coupons to help you save on your grocery shopping. You can print those coupons out to use in your grocery store of choice. 

5. Surveys

Filling out surveys is the most popular way to earn points with most market research sites. MyPoints is no exception. 

Head to the survey portal to find available surveys. Depending on your personal information (age, gender, location, etc.), you’ll only be eligible for certain surveys. The questions are generally based on your experience and opinions — don’t worry, this isn’t like a test!

Every time you complete one, you’ll be rewarded with points, proportionate to the amount of time you had to spend on the survey. 

6. Videos

The easiest way to get rewarded with MyPoints is by watching their sponsored videos. 

The videos come from MyPoints’ various partners, and topics can range from sports to politics to tech, and everything in between. All you have to do is watch, and points will automatically trickle into your account. 

You’re not going to earn tons of points just by watching videos, but this is something you can easily do in your spare time without any effort. You can even have videos streaming in the background while you work or scroll through social media. 

7. Games

MyPoints will pay you in points to play mobile games. This is easily the most fun way to earn. 

Unfortunately, a lot of the games require in-app purchases to actually earn any points — so, this probably isn’t the best way to make a profit with MyPoints, but it can be a lot of fun if you’re a big gamer who wants to try out the latest apps. 

8. Travel deals

Have a big trip coming up? You can use the MyPoints travel portal to search for the best deals with travel companies like Expedia and Orbitz.

Similar to their online shopping portal, you’ll earn a certain amount of points each time you buy a travel offer. 

Redeeming your points

Whether you’re browsing, watching, or playing on MyPoints, you’ll earn your rewards in the form of points. 

So, how do you turn those points into cash and rewards?

Once you’ve earned at least 700 points — generally the equivalent of a $5 gift card — you can cash out through the rewards portal. 

Just scroll through the rewards and “buy” whatever you want with your points. That could be a gift card to a popular retailer, a Visa gift card, or direct PayPal cash. There isn’t a clear conversion rate of points to dollars on this site, but once you’ve redeemed your points a couple of times, you’ll get the feel for the approximate dollar value of what you’re earning. 

How much can you earn with MyPoints?

Before I go any further, let’s get to the important question: how much money can you actually earn with MyPoints?

I can’t tell you exactly how much you’ll earn, but I can tell you that MyPoints — like any survey site or rewards program — is not a way to generate significant income. You’ll be rewarded with a gift card or a few bucks of PayPal cash here and there, but you’re not going to get rich. 

It’s also important to remember that the people who earn the most points with MyPoints earn them by shopping, and receiving points as cashback. In other words, you have to spend money to make a lot of money with MyPoints. 

So, you shouldn’t think of this site as a way to earn — you should think of it as a way to kill some time, get some fun rewards, and get cashback on your online purchases. If that’s what you’re looking for, you should definitely give MyPoints a try. 

MyPoints Pros and Cons

There’s a lot to love about MyPoints. But like any survey site, it isn’t perfect. Here are the main pros and cons that users have experienced with MyPoints.

Pros

1. Tons of cashback and savings opportunities

Most survey sites out there offer surveys, a few videos, and not much else. MyPoints is great because it also doubles as a cashback site — even if surveys and games aren’t your thing, you can make use of all the awesome deals available. 

2. Low threshold to redeem your points

You only need 700 points to be able to cash out for the first time with MyPoints. Most users will reach that stage within their first day or two, which is a lot faster than with other survey sites! 

You don’t have to wait long to use the points you earn, so you can actually see the rewards for your work right away. 

3. Multiple redemption options

MyPoints gives you the opportunity to choose whether you want to redeem your points for cash, a Visa gift card, or a gift card to one of your favorite retailers.There are hundreds of options to choose from whenever you go to cash out. 

The variety keeps it fun, and makes it easy to use your points however you want. 

4. Established, trustworthy company

MyPoints is backed by Prodege, so you know it’s legit and safe to use. With some other sites, you can never really be sure where your data is going. 

On top of that, MyPoints has been around for decades, and their growth isn’t slowing down anytime soon. As far as reliable rewards sites go, this is your safest bet. 

Cons

1. Could lead to overspending

When you’re using a rewards site like MyPoints, it’s important to be careful and not buy more than you need. If you’re just shopping through the portal to earn points, you’re not really earning or saving any money!

Some users have expressed concern that MyPoints encourages them to overspend online. 

2. Unclear points conversion system

One thing I don’t love about MyPoints is that there is no clear conversion rate between points and dollars. Instead of redeeming a certain amount of points for a certain amount of cash, you “shop” for your rewards at various prices. 

That makes it hard to know how much you’re earning, and if the tasks you’re completing are really worth your time. 

3. Poor customer service

The MyPoints site is generally very straightforward, but some users have reported difficulties getting ahold of a customer service representative when they have questions. 

While this won’t usually be a problem, it is frustrating whenever a company has sub-par customer service. 

The bottom line: Is MyPoints worth it?

MyPoints is a safe, well-established survey and rewards site. You can use it to get deals on your online shopping, budget for your next vacation, or print out coupons for the grocery story. You can also use it to earn cash and prizes by completing fun, easy tasks. 

But is it really worth your time?

If you ask me, absolutely. There are so many different ways you can earn and redeem your points with MyPoints —  it really has something for everyone. It’s free to sign up, and you’ll earn your first $5-$10 right away. 

You’re not going to get rich with MyPoints. But it’s a fun way to kill some time and treat yourself to prizes. Give it a shot next time you’re bored — you might be surprised by how much you like it. 

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