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MyPoints Review 2024: Is it Legit and Safe?

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Fact Checked

MyPoints is a popular rewards site that has paid its members millions of dollars over the years. 

Through this free-to–join platform, you can earn by answering surveys, watching videos, playing games, searching the web and shopping from participating brands. Once you have enough points, you can redeem your rewards as gift cards, cash or Travel Miles. 

This MyPoints review covers everything important about the platform, including how it works, its pros and cons, and whether it is legit.

MyPoints Summary

MyPoints
  • Ease of Use
  • Ways to Earn
  • Customer Support
  • Payment Threshold
  • Redemption Options
Overall
4.1

Summary

MyPoints is a shopping portal and online rewards platform owned by Prodege, LLC. It was founded in 1996, two years before Rakuten (a competitor) was launched, and is available in Canada and the U.S.

MyPoints has its headquarters in California, and its parent company also operates the Swagbucks and InboxDollars brands. The platform has over 9 million members and has paid over $300 million in gift cards. You can use MyPoints via its web interface or download the app using an iPhone or Android device. 

After joining using the link below and completing your first purchase of $20 or more, you get a $10 gift card.

Pros

  • Offers up to 10 earning opportunities
  • Created by a reputable company
  • Multiple redemption options
  • Welcome bonuses

Cons

  • Value of points varies depending on the redemption option
  • Limited customer support
  • Random account closures

How MyPoints Works

MyPoints is easy to use. After signing up, you get 1,750 points after spending your first $20 or more at your favourite retailer on the platform. You can redeem the points for a $10 Amazon gift card or a $10 Visa gift card.

The platform is free, and you earn points when you complete simple tasks.

One good thing about MyPoints is its partnerships with many household-name brands, making it one of the best cash back portals in the U.S.

If you are a Canadian resident, you can still use the platform for surveys, or you can sign-up for its competitors – i.e. Swagbucks, Harris Poll, and Daily Rewards.

How To Make Money With MyPoints

MyPoints offers more than 10 ways to make money on the site.

1. Answer Surveys: Share your opinions with various brands and get paid. Surveys vary in length and pay up to 600 points each. Even if you do not qualify for a survey, you get 5 points for trying.

2. Earn Cash back: Get up to 40% cash back when you shop at 1,900+ stores, including Walmart, Bestbuy, Home Depot, and others.

3. Watch Videos: Love watching entertaining videos? MyPoints offers several playlists, and you can earn up to 500 points per day.

4, Play Games for Money: Earn points when you play games including Bejeweled, Champions, Scrabble, Dynomite, Solitaire Rush, Angry Birds, Wheel of Fortune, and Super Plinko.

5. Search The Web: Members can use the Yahoo! Browser to search the internet and earn points.

6. Find Deals: You will find a listing of the deals available in your area, including Living Social and Groupon deals.

7. Read Email: Yes, some sites pay you to read emails. You can earn up to 5 points for reading BonusMail.

8. Refer A Friend: You get 25 points for each friend that signs up using your referral link. You also get 10% of the points they earn on MyPoints.

9. Print Coupons: Earn points when you print coupons and when you redeem them in-store. This is in addition to the discount being offered.

10. Use MyPoints Score: The MyPoints Chrome browser extension alerts you when there are opportunities to earn cash back online. It also automatically applies coupons to your cart, and you get 100 points when you install it.

JOIN MYPOINTS + $10 GIFT CARD

How To Redeem MyPoints Rewards

Getting paid on MyPoints is easy. You can redeem your points for gift cards, cash through PayPal, and travel miles.

Gift Cards: Options include Walmart, Amazon, Target, Starbucks, Burger King, and many others.

PayPal: Easily redeem your points for cash to a verified PayPal account. PayPal transfers take up to 5 business days.

Travel Miles: You can redeem your points for MileagePlus miles. The miles are deposited to your United MileagePlus account within 48 hours.

MyPoints Legitimacy and Safety

MyPoints is a legitimate company that has been around since 1996. As per its website, it has paid members over $300 million and has an A rating with the Better Business Bureau.

On Trustpilot, MyPoints has a 4.4/5 rating from over 5,900 reviewers.

Visit their website for more information. If you are interested in how your data is used and protected.

Pros and Cons Of MyPoints

Here are some of the benefits and downsides of MyPoints.

Pros:

  • Cash back offers on everyday purchases
  • $10 gift card welcome bonus
  • Offers multiple ways to earn extra money
  • Free to join and operated by a reputable company
  • Several options for redeeming your points

Cons

  • The value of points varies with the redemption option
  • Some users complain that their account was closed arbitrarily
  • Only available in the U.S. and Canada
  • Surveys don’t pay much
  • Limited support provided

MyPoints vs. Rakuten

Rakuten is the biggest cash back portal in the United States and Canada.

When you sign up, you receive a $30 bonus after making your first purchase online of $30 or more.

For MyPoints, the $10 welcome bonus (1,750 points) is applied to your account after you have made a purchase of $20 or more.

Cash back earnings on Rakuten are paid in cash, not points, and you can withdraw it using PayPal or a check in the mail.

While MyPoints also pays its users to answer surveys and play games, Rakuten focuses on cash back when you shop and coupons.

Lastly, MyPoints has paid members over $300 million, while Rakuten’s website indicates its members have earned over $1 billion.

VISIT RAKUTEN + $30 BONUS

Is MyPoints Worth It?

Rewards sites like MyPoints do not pay you much money for your time.

If you are looking to earn a bit of extra cash during your spare time, MyPoints could work for you. If you want a gig that will pay your rent, you’d be disappointed.

You can increase your earnings by joining several Get-Paid-To (GPT) sites like:

For cash back when you shop, use a cash back app and cash back credit card at the same time to maximize your rewards.

Top Make Money Offers this month

Start with a free $5 on the most popular get paid to site

Get paid to answer surveys and complete other simple tasks.

Redeem earnings for gift cards and cash rewards.

$5 bonus when you complete the initial short profile questionnaires.

Get a $30 bonus on the best cash back website for online shopping

$30 cash bonus after your initial online purchase of $30+.

Get access to 750+ popular retailers and up to 35% discounts.

Cash back is automatically tracked and credited to your account.

Make money on the side by delivering food orders in your area

Easily deliver restaurant and grocery orders using your car, scooter, or bike.

Work on your own schedule - day, evening, or weekends.

Get paid weekly and also keep 100% of the tips earned.

Get rewarded for testing products and services in your spare time

Reputable global market research company.

Earn points for completed surveys and redeem them for cash and prizes.

Influence which products make it to the market.

Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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