Seems like nowadays everyone has an opinion. Unfortunately most of the time we don't want to hear it. Well maybe I'm speaking for myself. LOL If you're the type that enjoys giving their two cents and wants to get paid for doing it, you'll enjoy my MindsPay Review. But don't quit your day job. You'll see why as you read on.
What is MindsPay?
MindsPay, located at www.mindspay.com, is a US based market research company which compensates users for their time for supplying their valuable opinions about products and services. MindsPay also offers cash incentives to members in exchange for completing surveys and signing up for trial offers. While the company is based in Granville, Michigan, trying to find information related to who owns and operates it, is like looking for a needle in a haystack. But hey, no big deal, we can still check it out to see what it's all about.
How To Make Money With MindsPay?
MindsPay offers a few opportunities from which you can make money. You can make money via cash-back shopping, desktop services, focus groups, signing up for free and paid trial offers, product testing, and their referral program. You can also earn credits for completing surveys and reading emails (PaidMails).
How Much Money Can Be Made with MindsPay?
You get an instant $3 bonus when you sign up with MindsPay and you can make at least $50 reviewing products and services. Taking surveys can earn you anywhere from $3 to $75. If that's not enough, you can also earn money reading emails; up to $0.25 each, and you can get free coupons and samples just for being a member. You can make even more money with their referral program. When you refer new members to MindsPay, you get 10% of the earnings they generate. It looks as if you can make a pretty decent chunk of change when you put it all together.
When do I get paid and how am I paid?
MindsPay pays twice a month; on the 15th and 30th of each month and they pay you cash via PayPal which is pretty cool. That means you can spend that cash how you see fit; you know pay a bill or two, as opposed to redeeming gift cards and the like that you may not be interested in. The minimum payout is $50 and they pay in multiples of $50. So if you've earned $130 you'll receive $100. The $30 remains in your account until you've accumulated enough to request a $50 payout. Now if all of this is just chump change to you, then you may want to check out my Top Free Work At Home Recommendation instead.
How Do You Join MindsPay?
MindsPay.com is free to join, but it's restricted to U.S. residents, 18 years and older. Simply enter your name and email address on the sign up form. You then verify your email address and complete your profile. Surveys and offers will be emailed to you based on your demographics and interest or you can log into your account and choose what you might be interested in.
MindsPay Hacks or Tips
Read the fine print
Okay, so you know those terms and conditions that we like to skip over and not bother to read, get familiar with it… you'll see why in a minute.
Refer friends and family
Refer your friends and family and earn some extra cash from what they earn.
MindsPay Complaints and Areas of Concern.
You know when you see a good opportunity you can overlook what you think might be bad about it, but this here is just flipping ugly!
It's fun… but
It's fun and easy but you don't make a lot of money, so its not something to quit your day job for. But if that's not something you're looking to do then hey, who really cares right? After all, it's just a few extra bucks you're looking for.
I'm trying to be patient
But this is taking soooo long. There have been some complaints about the time it takes to accumulate enough rewards to cash out. Even with their low rate of survey disqualification, there is no guarantee that you'll get surveys or other options that might interest you, to accumulate the cash.
Trial offers
As mentioned, you can make extra money signing up for trial offers, but you need to exercise some major caution here. Some trial offers may be free, but you still need to cancel them if you don't want to be charged. Remember the paid trial offers? You have to purchase something to get the cash back. If that appeals to you, then rock on! Added to that, verification of your purchase could be a while.
I am sick of waiting!
Jeez, I took his survey so long ago, why are my rewards still pending? There have been complaints about the length of time it takes for completed offers to be verified and credited. If you think that's bad, you'll also have to wait at least one month from the time you make your payment request. Even longer in some cases, if PayPal has to verify your account.
Two Major concerns!
Cash incentives
As a member you won't be eligible for cash incentives by completing the surveys only. Yep, you read it right. That means you can't focus solely on the surveys. You also have to sign up for offers advertised by their partners, in order to be eligible for cash incentives. Even if you do this, you still have to wait to receive the funds from the third party advertiser. I am so not interested but you might still be.
No payment guarantee
What? Now this is a doozy! Check this out. “MindsPay does NOT guarantee that a member will receive credit for a completed survey and offer.” Yep. See why I told you to read their terms and conditions? Now according to MindsPay, they'll “make reasonable efforts to track and report your signing up for offers but they can't guarantee you precision of the process.” What the hell! Utter rubbish I say! Keeping it PG, okay. But you know, with all of this drama, this opportunity is really not that appealing at all?
So Is MindsPay Legitimate or a Scam?
MindsPay is legit but I'd be reluctant to recommend it to anyone. Now it's working for some people, but with all the complaints and concerns, it seems more like mind play, as opposed to MindsPay. Hey, I am not saying that you should not try this if you want to, as the final decision is always yours. But if you get caught up in all the drama and frustrate yourself while playing the waiting game, then don't say I didn't warn you.
If you want to spare yourself the drama and frustration and you want to invest your time more wisely and make more that a little extra cash at the side, then you definitely need to check out my Top Free Work At Home Recommendation and my Work At Home Courses. Both of these options provide you with the opportunity to earn multiple streams of income, which in my experience has been the key to becoming successful online.
There, I've said my piece it's up to you now to make your decision. As always, thanks for reading and I'd love to hear from you so drop me a line in the comment section.
I’ve been waiting for months and it’s still pending. Do they have a number you can call?
MindsPay seems like a really legit service and company. I know taking surveys is a way to make a little bit of money online. But it usually takes a lot of time and you don’t actually make that much money. It’s always good to try out different things and see what might be worth your time and effort.
Thanks for sharing your thoughts.
Hey Eddy
I have read a lot about online surveys and majority of them are either scams or just for fun (due to low possibility of earning anything). So whenever it comes to surveys I am always very cautious as I do want to spend my time wisely and avoid wasting it. So I would prefer some other way of earning money – I guess this is what most of people would wish – to spend their time to earn money. I have had a look at your number one recommendation. So how much time did you need to start to earn with Wealthy Affiliate? It seems that this is not get rich quick.
Yeah I tend to agree with you. But some people really enjoy them and make a little change with it. But it’s never really been anything worth my time. WA teaches you to create your own business so you spend as much or as little time as you want. Your results will reflect this either way. It takes a lot of time to build a successful business but it’s worth it in the end.
I guess there is a chance to make money on MindsPay after reading this post. But I’m not convinced it’s worth the effort. I like to read this kind of reviews because it gives me the information I need to make the decision to try it out or not. I just started to try wealthy affiliate and this far it looks good and fare to me:)
Yeah technically speaking you can definitely make money. But again it all depends on how much you value your time. It will vary depending on the person. I’m sure you’ll enjoy WA. It will help you build a real business over time.
MindsPay seems like a pretty interesting deal. Though I haven’t seen any survey company prove to be legitimate, at least you’re giving a realistic picture of what to expect with the MindsPay opportunity.
It seems that there is very little risk with trying it, so if I were to consider market research/surveys, I would definitely consider this, based on that fact.
Keep educating the people! Great job!
There are definitely a lot of legitimate surveys out there. The problem is most of them don’t pay that well or you get disqualified so they get a bad rap because of that. I guess it all depends on your definition of legit. At the end of the day I just feel you end up spending a lot of time that can be invested in other things that will make you more in the long run. Thanks for chiming in.