Looking for ways to make some extra cash online? InboxPounds might be the answer. In this review, I’ll provide an in-depth look at the website’s main features and share my honest opinion about its earning potential.
What is InboxPounds?
InboxPounds is the UK counterpart of InboxDollars, a website that rewards members for completing simple tasks. The American version was founded by Daren Cotter in 2000 and has paid out an impressive $35 million to its members. InboxPounds offers a variety of activities to earn money, including filling out surveys, completing offers, playing games, and referring others.
Signing up for InboxPounds is simple and easy. You’ll receive a £1.00 sign-up bonus just for creating an account. To sign up, you’ll need to provide your name, address, and email address. Once you’ve signed up, you’ll receive a confirmation email that you’ll need to click to activate your account.
Filling Out Surveys
Filling out surveys is one of the most popular ways to earn money on InboxPounds. However, it’s important to manage your expectations when it comes to the earning potential of surveys. After reviewing the rewards offered by InboxPounds, I was disappointed to find that the payouts for surveys are often very low.
For example, a survey from Peanut Labs only pays out £0.76 for an hour’s work. To ensure that your time is well-spent, it’s important to calculate your hourly pay rate before taking any survey. It’s also worth noting that many surveys have pre-qualification questions that you’ll need to fill out before you can start the survey. Depending on your answers, you may end up wasting your time and only earning a small amount of money.
Completing Offers
Another way to earn money on InboxPounds is by completing offers. These offers can include signing up for a free trial, downloading an app, or making a purchase. The rewards for completing offers can vary widely, from a few pence to several pounds.
Playing Games
If you enjoy playing games online, you can earn money on InboxPounds by playing games. The rewards for playing games are often low, but it can be a fun way to pass the time while earning a bit of extra cash.
Referring Others
Finally, you can earn money on InboxPounds by referring others to the website. When someone signs up using your referral link, you’ll receive a commission on their earnings. This can be a great way to earn passive income if you have a large network of friends and family who are interested in earning money online.
Pros and Cons of InboxPounds
Pros:
- Easy sign-up process: It only takes a few minutes to sign up and start earning money on InboxPounds.
- Multiple ways to earn: InboxPounds offers a variety of ways to earn money, including completing surveys, offers, playing games, and more.
- Rewards for referrals: You can earn additional money by referring friends and family to InboxPounds.
- Low payout threshold: The payout threshold is only £20, which means you can cash out relatively quickly.
- Sign-up bonus: InboxPounds offers a sign-up bonus of £1.00 just for joining the platform.
Cons:
- Low earning potential: The earning potential on InboxPounds is relatively low, and it can take a lot of time and effort to earn a significant amount of money.
- Time-consuming surveys: The surveys on InboxPounds can be time-consuming, and the payout is often low, which can be frustrating for users.
- Limited availability: InboxPounds is only available in the UK, which means users from other countries cannot access the platform.
- Limited payment options: InboxPounds only offers payment through checks, which can be inconvenient for users who prefer other payment methods.
- High account deactivation rate: Some users have reported their accounts being deactivated without warning, resulting in the loss of their earnings.
Conclusion
InboxPounds offers various ways to earn money online. However, it’s important to manage your expectations and be strategic in choosing the tasks you complete. While some activities offer higher rewards than others, the earning potential for most activities is relatively low. By being selective and focusing on the activities with the highest payouts, you can maximize your earnings on InboxPounds.