Testable Minds Review: Can You Really Make Money?

If you’re looking for a way to contribute to scientific research while earning some extra cash, Testable Minds is a platform worth considering. As the name suggests, this platform is all about understanding the human mind and behavior, with ongoing studies from some of the world’s leading universities, including Oxford, Sandford, Harvard, and Cambridge.

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What Is Testable Minds?

To become a “Mind,” as Testable Minds calls its members, you’ll first need to create a free account and complete a profiling questionnaire. This questionnaire helps the platform match you with studies that align with your interests and demographics. You can expect to see studies from a variety of fields, including psychology, sociology, economics, and neuroscience.

One of the benefits of Testable Minds is that you’ll only see studies that you qualify for based on your profile. This means you won’t waste your time answering qualification questions for studies you’re not eligible for. However, it’s essential to ensure that your profile information is up-to-date and complete, so you don’t miss out on any opportunities.

Once you complete a study, Testable Minds will add a cash incentive to your account, which you can withdraw as soon as you reach $10 (verified accounts). It’s important to note that Testable Minds doesn’t want to be seen as a money-making website. They’ve limited personal earnings to $50 per month to discourage people from joining solely for financial gain. However, this limitation doesn’t change the fact that most people will sign up with the intention of making money, and that’s perfectly fine as long as you take the time to read all the questions and provide honest answers.

How Does Testable Minds Work?

If you’re interested in joining Testable Minds, creating an account is quick and easy. You’ll need to provide your name, date of birth, language, email, and mobile phone number. Once you verify your phone number, you’ll need to click the link in the email to complete your registration. While ID verification is not mandatory, some researchers only recruit verified “Minds.” Plus, a verified member also benefits from a lower payout threshold of $10, instant payments, a free card from Revolut, and a $1 bonus.

While Testable Minds is open to individuals worldwide, studies usually target residents from the country where the research is taking place. For example, Auckland University researchers usually recruit residents in New Zealand. Additionally, you can only open an account if you’re over 18 years old.

Most studies usually take between 5-30 minutes to complete. It’s essential to read all questions carefully and take your time to ensure you provide accurate and honest responses. If Testable Minds thinks you completed the study too quickly, they may not approve your participation, and you won’t receive payment.

How Much Money Can You Make

If you’re interested in making money through online studies, you may have come across Testable Minds. But how much can you actually earn with this platform? In general, the payout per study ranges from $0.50 to $5, depending on the length and complexity of the study. While this is a bit lower than other platforms like Prolific, which pays at least $6.50 or £5 per study, there are some studies that pay up to $6-$15, though they are less common and more competitive.

One thing to keep in mind is that Testable Minds has a monthly earning cap of $50, so while it’s possible to earn some extra cash, it’s unlikely to replace a full-time income. Additionally, some users have reported receiving only 1 or 2 studies per month, even after becoming verified members.

How Do You Get Paid?

So how do you get paid? Testable Minds offers various payment methods, including PayPal, Revolut, gift cards, and bank deposits. If you’re a verified user, you can withdraw your earnings as soon as your balance hits $10. For non-verified users, the minimum amount for withdrawal is $20. Testable Minds highly recommends using Revolut for immediate and secure payments, although PayPal is also an option, albeit with a transaction fee of up to 5%.

Another way to earn money with Testable Minds is by inviting your friends to join the community using your unique referral link. For every person who signs up and makes their first withdrawal, you’ll earn $1. The best part? There’s no limit to the number of people you can refer.

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Conclusion

Testable Minds is a reputable and enjoyable way to contribute to scientific research and earn some extra cash. While you won’t get rich from participating, it’s a unique opportunity to learn about the latest research in various fields while providing valuable feedback to researchers. So, if you’re looking for a way to make a difference and earn some money in the process, consider joining Testable Minds today!

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