If you’re looking to earn some extra cash, it’s best to consider other sites instead. This platform, SavvyShares, offers a unique opportunity to earn shares for your data and opinions.
However, before joining, let’s review its legitimacy and potential for earning. This SavvyShares review will provide all the details you need to decide if it’s worth joining. Let’s begin.
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What is SavvyShares?
SavvyShares is a legitimate survey site that rewards you for answering surveys. It is owned by the same company that operates SurveySavvy, which adds to its credibility. You can easily transfer your SurveySavvy account to SavvyShares when signing up.
Earning opportunities on SavvyShares include paid surveys and SavvyConnect. Paid surveys are available to members, with occasional invitations sent via email. You will need to qualify by answering initial questions before proceeding with the actual survey. Rewards for completing surveys are given in company shares.
SavvyConnect is a browser extension (compatible with Chrome, Firefox, and Edge) that allows you to earn passively by gathering browsing data. The extension ensures privacy and does not collect sensitive information. Simply browse as usual, and after using it for at least 21 days in a month, with 7 days of actual usage data, you will earn rewards. Surveys can also be accessed through the browser extension.
Overall, SavvyShares offers these earning opportunities, but it’s important to review all the details before deciding to migrate your account.
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Payment Process and Earning Potential
The payment system on SavvyShares differs from other survey sites. Instead of receiving cash, you earn company shares as payment. Short surveys earn you 4 shares, long surveys earn 20 shares, and special surveys based on data collected through SavvyConnect earn double the value. With SavvyConnect, you can earn 20 shares per month per device, up to a maximum of three devices, totaling 60 shares per month.
To convert the shares into cash, you can receive dividends. These dividends can be received as a check or converted to stock dividends. However, it’s important to familiarize yourself with how stock dividends work before making a decision. Checks are sent via postal mail, so there may be a wait before receiving them.
In my opinion, the reward system of SavvyShares is more suitable for long-term investment rather than quick cash earnings. If your goal is to earn cash, I recommend exploring other survey sites that offer direct bank transfers.
Quantifying the exact amount you can earn from SavvyShares is challenging since the value of each share fluctuates. Instead, let’s focus on the availability of earning opportunities. Survey invitations depend on the clients’ requirements and the demographic they seek. It’s important to provide honest information to avoid being flagged or banned.
SavvyConnect is likely your main source of “income” on the site, providing a steady number of shares. Installing SavvyConnect on multiple devices (computer, mobile phone, and tablet) maximizes your earning potential.
Read more reviews: Superpay.me, SurveyPago, Part Survey.
Membership and Customer Support
Anyone can join SavvyShares, whether you already have a SurveySavvy account that you wish to migrate or if you are a new user. If you choose to migrate your SurveySavvy account, please make sure to withdraw any earnings before proceeding.
To register for SavvyShares, simply provide your email address and complete the registration form. Once registered, you can log in to the site and begin earning.
For support, you can first refer to their FAQ page, which covers most basic topics. If your inquiry is not addressed there or if you encounter any issues or technical problems, you can contact their support team via email at support@savvyshares.com. Alternatively, you can call their hotline at 800-492-4982 to speak with a support representative promptly.
SavvyShares provides a robust support system for its members, including a hotline for immediate assistance, ensuring that your questions and concerns can be addressed effectively.
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Pros and Cons of SavvyShares
In my opinion, SavvyShares offers some benefits as a survey platform. Firstly, it allows you to earn shares, which can potentially be converted into dividends, providing a long-term investment opportunity. Additionally, the option to transfer your SurveySavvy account to SavvyShares streamlines the process for existing members. The availability of SavvyConnect, a browser extension for passive earning, adds convenience for those who prefer a more hands-off approach. The presence of a support system, including a hotline, is a positive aspect that ensures prompt assistance.
While there are advantages to SavvyShares, there are also some drawbacks to consider. One notable downside, in my experience, is the payment method. Earning company shares instead of cash may not be appealing for individuals seeking immediate monetary rewards. Furthermore, the number of available surveys can be limited compared to other survey sites. This could result in fewer earning opportunities for participants. Additionally, the conversion process from shares to cash dividends may involve complexities and uncertainties that could deter users.
Is SavvyShares Legit?
From my perspective, the question of whether SavvyShares is a legitimate platform arises. Based on my research and personal experience, I can confidently say that SavvyShares is a legitimate survey site. It is owned by the same company that operates SurveySavvy, which has established credibility in the industry. The fact that you can migrate your SurveySavvy account to SavvyShares further strengthens its legitimacy. While it is important to exercise caution and conduct your own research, I have found no significant red flags that would indicate it is a scam.
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Conclusion
In conclusion, after thoroughly examining SavvyShares, I must say that it is a platform that, in my opinion, does not offer substantial value or justify the time investment. While it may be a legitimate survey site, the payment system of earning shares instead of cash makes it less appealing for those seeking immediate financial rewards. The limited number of surveys and potential complexities in converting shares to cash dividends further diminish its appeal. Considering the alternatives available in the market, I believe there are more worthwhile platforms to explore that can provide better earning opportunities and a more favorable user experience.
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