Do you want to know what is the MindsPay? Are you in doubt if it can help you earn some extra cash? Here is my extensive review about it.
What is MindsPay?
Mindspay is a get paid to site that gives rewards to its members when they try products and share their opinions. It organizes the information they have collected and gives it to the advertisers. Basically you are paid by just doing simple tasks online.
How Does MindsPay Works?
When you sign up for Mindspay, you need to activate first your account by clicking the activation link sent to your email. By the way, you will get an instant 3$ after the activation. Before I forgot, only US citizens are allowed to register.
After that, you will be given a member questionnaire wherein you have to provide some personal information. Mindspay uses this information in order to contact you for payments and to provide new offers. This will also help them find the most qualified offer that they can give to you.
Unlike any other survey sites, Mindspay simplified your ways on how to earn into 4 tasks.
1. Complete Offers
The first way to earn in MindsPay is through completing offers. There are various offers that you could choose that are shown on their lists. There are some that requires more personal information from you like credit card number and there are some that just needs your basic demographics. On average, offers are paid $0.50 to $10.00 and can be completed between 5 to 15 minutes. Basically the more information they want from you, the higher the payout you will get.
Once you have chosen the offer that you want to complete, just click it and it will provide a step by step instruction that will guide you on what to do in order to receive the payment. There is no limit on how many offers you can complete in a day which means that you can take as many offers as you like.
2. Participate in Studies
There are also studies that you can be part of. Mindspay recommends that you complete your profiles in order to get more studies. Usually they are in first come first serve basis. On average you can receive $0.50 to $2.00 for this way. Here is an example of a study.
Basically, you will be given information about the product you will give feedback on, the purpose of the offer and instructions for you to follow. You should always read every instructions carefully so you can get the credit for the offer. As what I have said, there are offers that don’t require credit card information and this is an example of it. And as you can see, the payout that you can get is just $0.75 which is clearly lower because they just need basic info from you.
3. Find Coupons
The last way to earn in Mindspay is through referring people to join the in the site. You can earn 10% commission from your referrals earnings when they request for their cashouts. For example, if you referred a friend and she was able to complete $50 offers then you will receive $5.00 into your account.
How Much Can I Earn?
Right now you are asking, how much can you really earn in MindsPay. Let me tell you, Not that much! So we can have a full understanding of what I am saying, let us have a small calculation of your potential earnings assuming that you work in MindsPay for a whole day.
Let us say that you have completed 15 offers worth $1.00 each. Take note that you can’t be qualified to all offers you join so 15 offers will be a safe assumption. 15 multiplied by a dollar equals $15. And let us also say that you have done 10 studies for $0.50 each. That will be an additional $5.
If we will add it all up, 15 + 5 = $20. $20 for a whole day of hard work and plenty of time spent to finish these offers. I don’t think that this is a reasonable amount.
By the way, Mindspay processes payments through Paypal. And you need to earn $50 minimum before you can request for a cashout.
MindsPay is a legit get paid to site. It has simplified the ways on how you can earn which makes it easier to understand. Unlike any other survey sites that converts your earnings into points, Mindspay directly gives a monetary counterpart for every reward you get. This is what I like about them because they show your earnings based on real money.
On the other hand, if we will take a closer look into your earning potential it is clearly not able to provide that much. And based on our calculation above, even if you spend plenty of time completing offers, the payout is not that enough to earn a decent amount.
I know that you are planning to join Mindspay because you want to earn some extra cash that can help you pay the rent or even the house bills. And like you, I myself have also tried survey sites before. I even joined not only one but more than 10 sites because I was hoping that I will be able to earn more from it. But unfortunately, I learned that It is not what I am looking for.
But I don’t regret what I have done in the past. It is because after I quit, I bumped into internet marketing. And right now I am continually building my business with the aid of Wealthy Affiliate.
To wrap it all up, let me end this review with one question.
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If you have more questions and concerns or you have previous experience about Mindspay, fell free to comment it below and I would be happy to interact with you.