Have nothing but time and a computer with an internet connection? Why can’t you trade some time for money and get paid by companies by doing simple surveys. There are hundreds of companies out there that do market research online. It’s easy to get started.

Eligibility

In order to earn money by completing surveys you must meet a recommended status for the specific survey. Many companies will require an unpaid screener survey during registration. This information is used to select participants for specific product and service for the surveys. The key is to have enough of your information on file for the company to know you fit their demographic and extend the offer to you.

Watch Out for Scams

Be cautious. Although being paid for taking surveys is legitimate, there are some that are out to scam and make a quick buck on the hopes of others. Simply follow these rules:

  • Don’t pay up front.
  • Don’t pay a membership fee.
  • Don’t give out personal information like your social security number, credit card or bank account number.
  • Familiarize yourself with  the terms and conditions.
  • Ensure cash is the payment method.

Legitimate Companies Follow These Guidelines:

  • Don’t guarantee a set income
  • Let the reward for each survey be clear
  • Posts privacy policies
  • Does not sell member information to third parties.

Many companies look legitimate. Check out the terms and conditions agreement and privacy policy before joining a survey. If you can’t find these, skip that site.

Look for wording such as, “We do not share personally identifiable information with other third-party organizations for their marketing or promotional uses without your consent except as part of a specific program or feature for which you will have the ability to opt out.”

How Paid Surveys Work

Compensation will vary company by company and survey by survey. You may receive a little bit of money, free products, or sweepstakes entries.

First sign up for a paid survey site and complete your member profile. You should receive an email when a survey matches your profile. The email should contain this information:

  • Time for the survey completion
  • How you will be paid
  • A link to the survey

Most surveys take only 15-20 minutes to take.

Payment

Do not expect a full-time salary from survey taking. It is acceptable to receive compensation of about $50 to $100 each month in cash and products for several short surveys.

Payments can differ widely and can range from $1-$50 in cash, points toward prizes, or sweepstakes entries. Generally the cash is the most valuable option.

How to Maximize your Survey Earnings

Join several legitimate companies and check them all often so you don’t miss out on surveys you qualify for.

Once you have been selected for surveys, use the time you have and complete the best offers. You are not obligated to complete all offers.

Keep your profile up to date so you meet eligibility requirements.

Final Word

Taking online surveys is a great way to earn a bit of extra money for a little time. Remember to watch out for scams and look for good compensation.