> > Maximizing Survey Payouts

Maximizing Survey Payouts

Many or all of the products featured on this page are from our sponsors who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here is how we make money.

The information provided on this page is for educational purposes only. The Modest Wallet is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual.

To maximize your survey payouts, sign up with multiple platforms, turn on notifications, answer invites quickly, only take surveys that match your background, and be honest and thoughtful in your answers.

Once you’ve tested the waters and are satisfied with the earning potential of paid surveys as a way for you to add a few dollars to your wallet each month, the next step is figuring out how to make the most from answering their questions.

A Few Tricks of the Trade That Can Boost Earnings

To start, sign up with multiple survey platforms and always look for trusted survey sites that pay out fast by reading articles (like this one) and reviews. Some will have more opportunities and higher pay rates than others, so it’s a good idea to spread the risk. This doesn’t mean that you have to complete every survey sent to your Inbox; it just means that you have more options to make some money as long as you check your email and notifications regularly.

Surveys have end dates and often limit the number of people who can participate. Act quickly if you don’t want to lose out. Survey companies also like to work with active participants, so the more you complete, the more invitations you’re likely to get and the more money you can earn. Some surveys even offer higher rewards for those who respond first!

Take some time to accurately complete your profile and turn on notifications. Don’t waste time reading through surveys that aren’t a good fit. Update your profile with any life changes, and always complete the first few surveys you receive from a platform (even if they don’t pay well) to demonstrate your commitment to this side hustle. That’s how you’ll get more invitations.

Keep track of your time and the surveys you complete. This will help when it’s time to file your taxes, and it will help you figure out and prioritize the surveys that pay best based on the time it took you to complete them.

Many platforms offer referral fees and other incentives to their current survey takers. If you have any friends or family who sign up, you can earn a flat bonus for each of them or get paid a commission on their earnings.

As you become more proficient and experienced, keep an eye out for higher-paying surveys. You may find them by joining exclusive panels or being a premium member. Also, seek out niche surveys that may have a smaller pool of candidates to choose from, participate in more in-depth focus groups or product testing, and explore loyalty programs that provide access to higher-paying surveys.

Getting Paid for Your Work

Understand how each platform pays and choose the method that has the least amount of fees or charges. Some pay cash, and some pay with gift cards, vouchers, or products. Some also require that you have a PayPal account to receive payments.

Even if you don’t need the money immediately, it’s a good idea to sweep the accounts whenever you reach the minimum threshold. You want to avoid expiring survey rewards or you might forfeit the money or gift cards that have accumulated in your account. Even worse–it’s not unheard of for survey sites to delete accounts (and any payments in them) that are inactive for too long.

A Few Words of Wisdom

While survey taking can be a fun and easy way to earn a few extra bucks from the comfort of your home, don’t expect this side hustle to generate enough to replace a full-time job.

However, you still need to treat survey taking as a job (even if you do it in your pajamas) if you want to get more invitations and some steady supplemental income. The companies sponsoring these surveys need your insights to make improvements to their products and services–that’s what they are paying you for, after all!