Myiyo is a user-friendly survey site that offers a straightforward way to earn extra cash. While it may not have a large number of surveys, it is a legitimate option for those looking to make some additional income. I have personally been paid multiple times as a member.
In this Myiyo review, I’ll share my experiences so you know what to expect if you decide to join.
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What is Myiyo?
Let’s explore what Myiyo offers and what makes it unique. With a 20-year history and backed by mo’web research, Myiyo is a reputable survey site that has stood the test of time.
Operating from Germany, Myiyo provides surveys not only in its home country but also in various parts of the world. The company proudly adheres to Esomar’s guidelines, ensuring high standards within the field of market research. This commitment adds credibility to the platform, an essential aspect for any survey site.
Like other legitimate survey sites, Myiyo is free to join and utilize. It primarily focuses on paid surveys, distinguishing itself as a straightforward and user-friendly option. While it may not offer as many daily opportunities as larger reward portals, its simplicity makes it appealing. Combining Myiyo with other survey sites can maximize your earning potential.
Upon entering the member area, you can easily see available surveys, though the frequency depends on your location. By completing your profile, you enhance your survey matching capabilities, allowing for more relevant opportunities. Each survey indicates the payout and estimated duration, enabling you to select the ones that best suit your preferences.
When you join Myiyo, you’ll receive a joining bonus of 100 points by confirming your email. Additionally, filling out your profile grants you an extra 500 points, kickstarting your earnings. While these points may not hold substantial cash value, they provide a small boost compared to sites that offer no rewards for profile completion.
Myiyo features membership levels that can be achieved through continued activity, potentially leading to a lower payout threshold. However, the impact of higher membership levels on the threshold hasn’t been personally confirmed.
Apart from paid surveys, Myiyo offers an opportunity to earn by inviting friends. By sharing your referral link, you can earn 500 points (€0.50 equivalent) when someone you invite joins Myiyo. Although it may not yield significant earnings unless you have a large network of interested individuals, it serves as a nice additional earning option. Please note that you’ll receive the referral reward after the person you invite completes at least one survey.
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Payment Process and Earning Potential
Understanding the payment process is crucial when considering a paid survey site. Here’s how you can receive your earnings from Myiyo:
Each time you complete surveys or refer friends to Myiyo, you earn points that can be redeemed for cash later. The conversion rate is 1000 points equal to €1. Payments are typically made in Euro for most countries, with the exact value in your local currency depending on the prevailing exchange rate.
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To request a payout, you need to accumulate a minimum of 20000 points, equivalent to €20. Myiyo offers various payment methods:
1. PayPal: This is a preferred option for many users due to its convenience and versatility. Myiyo covers the PayPal transaction fees, ensuring you receive the full amount without deductions.
2. Bank Transfer: In South Africa and Turkey, you have the option to receive the money directly in your bank account.
3. Donation to Charity: Myiyo collaborates with the charity organization “Three Little Birds,” which supports various disadvantaged groups such as the homeless. You can choose to donate any portion of your earnings to this charity.
Now, let’s address the question of how much money you can make with Myiyo:
Determining exact earning potential is challenging as it depends on factors such as the number of surveys you complete, your qualification rate, and your geographical location. The availability of surveys varies based on where you live.
While Myiyo exclusively offers paid surveys without additional earning options, it still provides decent opportunities. By actively participating in as many surveys as possible, you can generate some extra income on the side. However, it’s important to note that Myiyo may not offer as high earning potential as platforms that provide multiple earning avenues.
Keep in mind that paid surveys, in general, will not make you rich. They serve as a means to earn some extra money rather than a full-time income. Setting realistic expectations is crucial when engaging in paid surveys, and joining Myiyo can be a great opportunity if you understand these limitations and approach it accordingly.
Membership
Myiyo primarily targets the European market, but it also accepts members from select countries outside Europe. The availability of Myiyo varies depending on your location.
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While Myiyo operates in multiple countries, it is important to note that it offers the most opportunities in the United Kingdom, Germany, and France. If you reside in one of these three countries, joining Myiyo can be particularly worthwhile.
Regardless of the country, Myiyo ensures that both the platform and surveys are presented in the local language, enhancing user-friendliness and ease of navigation.
Pros and Cons of Myiyo
Pros:
1. User-friendly interface: Myiyo offers a straightforward and easy-to-navigate platform, making it simple to participate in surveys.
2. Long-standing reputation: With over 20 years of existence and backed by mo’web research, Myiyo has established itself as a reputable survey site.
3. Adherence to industry standards: Myiyo follows Esomar’s guidelines, ensuring high-quality market research practices.
4. Payment options: The availability of PayPal as a payment method, with Myiyo covering the transaction fees, adds convenience for cashing out earnings.
5. Joining bonus and referral program: Myiyo provides incentives for joining, including bonus points and the opportunity to earn additional rewards by inviting friends.
Cons:
1. Limited survey availability: While Myiyo offers paid surveys, the number of available surveys may vary depending on factors such as your location and demographic profile.
2. Geographic restrictions: The platform is primarily focused on the European market, limiting opportunities for users outside Europe.
3. Sole reliance on surveys: Unlike other sites that offer various earning options, Myiyo solely focuses on paid surveys, which may limit income potential compared to platforms with multiple avenues for earning.
Is Myiyo Legit?
Based on my own experiences, I can confidently say that Myiyo is a legitimate survey site. I have personally received multiple payments as a member, reinforcing its credibility. However, it is important to note that what works for me may not necessarily be the best fit for everyone. While Myiyo provides opportunities to earn, it is crucial to approach it with realistic expectations and consider factors such as survey availability and earning potential based on your location and demographic profile.
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Conclusion: Is Myiyo Worth Your Time?
From my personal perspective, I would hesitate to recommend Myiyo as a platform worth investing significant time in. While it has its merits, such as a user-friendly interface and a reputable history, the limited survey availability and geographic restrictions reduce the income potential for many users.
In comparison to other survey sites that offer a wider range of earning opportunities, Myiyo may not provide the same level of return on investment in terms of time spent. Therefore, I suggest exploring alternative platforms that offer more diverse earning options to make the most of your time and maximize your earning potential.
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