It’s amazing that there are so many ways to make money online, including with your smartphone. Yes, you heard right! You can use your smartphone to earn money. I guess you knew this already which is why you are searching Spare5 reviews to see if this app is legit. Don’t dare download this app until you read this Spare5 review as we cover the good, bad and ugly.
What is Spare5?
Spare5.com is an app that lets you earn money by completing small tasks. Spare5 is a division of Mighty Ai, a Seattle-based tech firm that focuses on computer vision and natural language modeling for automotive and robotics. Spare5 was founded in 2014 by Matt Bencke, and the app was nominated for App of the Year.
How Does Spare5 Work?
Spare5 uses human intelligence to train artificial intelligence, so tasks might be taking pictures or supplying tags and context to images, tracing objects in an image, or similar kinds of tasks.
Most individual tasks pay $.03 to $.20 cents per task, but most tasks take very little time to complete, and it's designed to be done in your spare time as you do other things.
Then you complete qualifying tasks, which are tutorials and tests to see how well you complete certain kinds of tasks. If you do well on the qualifiers, you are then eligible to earn money completing tasks in that category. These qualifiers don't take long, but it's important to read and follow the directions carefully and accurately.
The focus and range of activities on Spare5 changes over time. They used to have a small referral program, but it doesn't seem to be very active now. Tasks in the app are more heavily focused on taking and processing pictures, while there is a greater range of tasks available on the website.
Did you know you can get paid to download apps like this? Sites like FusionCash will pay you for downloading other apps besides doing what you already do online like playing games, reading emails, watching videos and more. If you prefer getting paid to take surveys, you could join a site like SurveyJunkie.com.
But if you are looking for a way to make a part time or full time at home, you are probably better off checking out My Best Work At Home Recommendation.
How Much Money Can I Make With Spare5?
More experienced users earn $10-$20 per week, by being very attentive to app notifications and visiting the website as well as using the app. Most of the tasks are very simple and only takes a few seconds to complete and pay about $.03 to $.20 cents each.
How and When Does Spare5 Pay?
Spare5 pays by PayPal only, so you will need a PayPal account. The payout threshold is just $1, and Spare5 pays every week. As you complete tasks, you not only earn money, but you earn experience points (XP) on the platform, which can help you access more tasks for higher pay. Likewise, if your quality of work is low, your available tasks may decrease.
How do I Join Spare5?
You register with email, or log in with your existing Facebook, LinkedIn, or Google account. To get started with Spare5, you can also download the Spare5 app in the app store. For Android users, Spare5 works on an Android app, and you can also access Spare5 tasks through the Spare5 website and mobile site.
The first thing you need to do is complete a demographic survey and answer questions about yourself. It is important to be honest, because if your answers are inconsistent you may be removed from the platform. This initial survey pays $.10, so you start earning money right away.
What We Like About Spare5
We have laid out all the basics about this app, so let’s take a look at some of the things we like.
An honest company
Spare5 is a legitimate company, that is open about their work, and tries to build a positive environment in their community.
Paid On Time
Spare5 pays reliably, accurately, and on time. They are easy to communicate with, settle disputes quickly, and you always have a dashboard showing you how much you have earned so far.
Let’s dive into some of the red flags we found about this app. We will let you decide if these are deal breakers.
The most common complaint about Spare5 is from people who have their tasks rejected. They feel frustrated when trying multiple times to take a picture for the platform, only to earn a few pennies if they finally succeed. For picture taking tasks, the pictures need to be well-lit and clear, and it's important to carefully follow instructions for all tasks or your work might get rejected.
I Want Real Money!
A lot of the tasks reward you in tokens which you can then exchange for gift cards. You can’t use tokens or gift cards to pay the bills, so for many people, this is not an ideal way to make money.
Fortunately, there are other sites which can increase your chances of earning real money. You may want to look into sites like Swagbucks.com, and FusionCash.com where you can make money doing what you already do online like visit websites, read emails, watch videos and other tasks, or by completing surveys with a site like SurveyJunkie.com.
But if you prefer a full time or part time income that will pay the bills consistently, you might want to check out My Best Work At Home Recommendation.
Lack of Consistent Work
Sometimes there are lots of tasks to be completed, and sometimes there just aren't. Spare5 has busy days and quiet days, which makes it difficult to predict whether you will be able to earn any money at all on the app.
Keep Your Day Job!
Many experienced micro-jobbers prefer platforms like MTurk over Spare5, simply because the availability of tasks is much more consistent. Since Spare5 doesn't pay more than other micro-job sites,and are fluctuating availability of work, some people feel that it just isn't worth it.
Is Spare5 Legit or a Scam?
Spare5 is definitely legit, and an open, transparent company that seeks to collaborate with its users.
But, is it a good moneymaking opportunity? It depends on your needs. The site's top earners only make about $40-$60 a month. If that’s all you need, then it may be worth your time. The tasks are simple, the rewards are straightforward, and the company really does pay users.
But I suspect for most people, what you earn on Spare5 isn’t enough money. Ultimately the best way to earn money online is by having multiple streams of income and not putting all your eggs in one basket. Fortunately, there are sites like FusionCash.com and SurveyJunkie.com that pay you for things you do online like visiting websites, taking surveys and more.
But if you're looking for an opportunity for consistent full-time income that can become passive, you may want to check out My Best Work At Home Recommendation.
So, that’s my opinion on Spare5. If you have any questions, you can refer to their FAQ page. If you have any thoughts or comments, please leave them down below in the comment section.
Until next time
Eddy “with a Y”