MyPoints Review

Note: We receive a commission for purchases made through the links on this site. Our sponsors, however, do not influence our editorial content in any way.

How Does MyPoints Work?

MyPoints works by rewarding you for a variety of activities, such as participating in consumer surveys and shopping at specific stores. The more activities you complete, the more points you earn. When ready, you can turn your points in for rewards. MyPoints lets you choose between airline miles, cash back (though PayPal) and gift cards.

The service also gives you access to MyPoints coupons that you can use to save money when shopping in-store or online.

You can’t redeem any rewards until you’ve earned at least 700 points.

What Makes MyPoints Stand Out?

There are a lot of companies that offer services similar to those from MyPoints. You have to shop, so you might as well get something in return, right?

To me, MyPoints stands out by having partnerships with so many brands. You can use your rewards to buy anything from electronic devices to food. I haven’t seen many points-based systems with that much diversity.

MyPoints also stands out by giving you so many ways to earn points. I’ve made money from filling out consumer surveys. I’ve also participated in cash back programs that reward you for shopping at specific stores. This is the first time I’ve seen a service combine surveys and shopping. That makes it a great way to earn extra money when you have time to kill or when you just need to go shopping.

Common MyPoints Reviews

I’ve found a lot of MyPoints reviews online, and I agree with most of them because they point out the pros and cons of using the MyPoints app.

Many people complain that they don’t earn enough points by taking MyPoints surveys. I couldn’t agree more. If you spent an hour filling out surveys, you might make a few dollars. Extra money is nice, but that’s an awful lot of time to spend on such a tiny return.

Another common complaint focuses on restricting access to surveys. When I signed up, MyPoints said it had 75 surveys. I only qualified to take part in five of them! I’m a pretty typical consumer, so I don’t know what more they could expect. It seems a little disingenuous to advertise 75 surveys and then only let me fill out five of them. That’s a bit of a bait-and-switch, in my opinion.

But let’s not focus on the negative features of MyPoints. It has plenty of good things going for it. I particularly like that the MyPoints would give me coupons. It helps me save money on things I was going to buy, anyway. The app frequently encouraged me to shop at stores I rarely visit. I wanted to make sure the coupon was giving me a good deal, so I compared prices from several stores. I was satisfied with the savings, so I made a slight change in shopping behavior.

While I think MyPoints could pay more for taking surveys, it’s still an extremely easy way to earn a few bucks. Sure, I only made $3 during my commute. That $3 paid for the subway fare, though, so you won’t’ hear any complaints from me. Besides, I was listening to music the whole time!

Is MyPoints for Me?

I used MyPoints for a couple of weeks before I gave up on it. I didn’t find that it was worth the amount of time I put into it. Higher pay would have made me a lifelong user. I supposed there isn’t much money in polling random people online.

I do still consult MyPoints coupons when I think about it. I must admit, though, that I check the app less often as time goes on. I’ve lost interest in it.

Is MyPoints for you? That depends on what you want from a cash-back and coupon app. If you’re struggling for money and a few dollars a day would make your life easier, you should try MyPoints. It won’t change your life, but it will benefit you a little.

It seems that you can get the most money for your time by choosing gift cards instead of cash back. I took cash back because I prefer money that I can spend anywhere. There’s nothing wrong with gift cards, though, as long as you don’t mind buying from specific places.

Give MyPoints a try. It’s free, so you don’t have anything to lose.

About the Author

Matthew Thompson

Matthew Thompson is a freelance writer who covers personal finance and emerging technology.