Many individuals are continuously seeking methods to generate money online. And why shouldn’t they?
Who wouldn’t want to be able to work whenever and wherever they choose with only a laptop and an internet connection?
When it comes to generating money online, you will realize that the most popular possibility is to do surveys. In this article, we will evaluate Loop Surveys.
Many websites provide surveys as one of many options, if not their primary source of income.
With so many websites to select from, it can be difficult to identify those that are authentic and will not waste your time.
To assist with this, we evaluate sites like these so you don’t have to test out each one to discover which one is worth your time and effort.
Operating since: 2017
Signup Bonus: $2.
Payment Methods: Cash via a Visa prepaid card.
Ways to Earn: Surveys.
What is Loop Surveys?
Loop Survey is a new company founded in 2017 by The Logit Group, a previously authorized Canadian research firm.
Since then, it has expanded significantly and is currently one of North America’s top providers of consumer research surveys.
It already has over 250,000 users who contribute to data analysis on customer behavior.
Is Loop Surveys legit?
Loop Surveys is a company that conducts research studies for individuals all throughout North America.
It is essentially a website that performs online research on various issues to which individuals may contribute.
As a participant, you will be compensated in points for each online study that you complete. The points you accumulate can be redeemed for VISA cards.
It is, in fact, a reputable survey site that pays. Loop Surveys offer to provide the possibility to earn money by answering surveys.
The site will give you a survey invitation, and if you complete it, you will be rewarded points, which can be redeemed for VISA cards.
There are not many extra offers we can talk about Loop Survey as it is a pretty straightforward survey platform with the ability to only do surveys and get your money according to that.
The only offer we can say is the sign-up bonus you get which is $2. You get this the moment you sign up, and it will be credited to your account.
How to Earn Money Using Loop Survey?
Answering surveys are the primary way for you to make money in Loop Surveys.
The site will send survey invitations through e-mail with all of the information you need to know.
You will be compensated in points if you are able to participate in and finish the survey. The points may be used to purchase VISA cards.
To begin taking surveys, you must first register as a member. To do so, simply go to the website and click on Join Now, then fill out the relevant information.
Once completed, you will get an email confirming your registration.
Simply click on the confirmation link, and you are done. Simply by joining, you will earn 200 points right now.
Loop Survey Pros and Cons
- You can sign up for free.
- $2 Sign Up Bonus
- Good friend referral program
- Pretty straightforward.
- Earning opportunities are not too much.
- You need $25 to cash out which is too high.
- Only available to the U.S and Canadian residents
How to Start with Loop Survey?
- Navigate to their website which is loopsurveys.com
- Click on “join now.”
- Provide the details it wants (make sure everything is correct).
- After you confirm your information (e-mail) you can start earning right away with the $2 you got for signing up!
How is Loop Survey Different From Others?
When we look at how Loop Survey is different from its counterparts, there are definitely some things to talk about.
First of all, you get free $2 just for signing up and $1 for each friend that is referred by you.
It is also pretty minimalistic where it is only survey-based and gets paid by a prepaid card.
I think this is one of the biggest downsides to Loop Survey as it does not offer too much different payment methods when you want to cash out (which is extremely high with $25!).
You can only get your payment through a Visa prepaid debit card, and there are no other methods to get paid.
Alternatives to Loop Survey
PrizeRebel is a free website that awards points for completing surveys, viewing movies, winning raffles, and interacting with businesses and marketers.
You may make up to $50 each month in whichever way you see appropriate, so there’s no excuse not to give it a shot!
Read our PrizeRebel Review
Survey Junkie is a free smartphone survey software that rewards you for doing online surveys, participating in focus groups, and trying out new goods.
Depending on your demographics, you might make up to $200 per month, but this would need consistent involvement and commitment.
Read our Survey Junkie Review
Pinecone Research is a prestigious and private online survey service that offers its members high-paying survey opportunities.
It is difficult to join the site because it is invitation-only. If you do, though, it provides some of the greatest surveys in the business.
Read our Pinecone Research Review
Also Read our Digital Reflection Review – Yay Or Nay?
It is obvious that Loop Surveys offer both advantages and downsides.
However, in my opinion, we should not overlook the drawbacks of this platform.
Because of the high payment barrier, it takes too long to withdraw your money. This makes it a less-than-ideal survey site to join.
It’s OK to join as an extra site, but your time would be better spent on other survey sites with more earning possibilities and more payout choices.
You will be really fortunate if you earn enough points to be able to withdraw your profits within one month.
So, if you are invited to join this site, please decline. There are several better options accessible that will help you to make a respectable living.
Frequently Asked Questions
How will I be compensated?
As a Loop Surveys member, you will be compensated for each research that you complete.
Can I Register As A Member More Than Once?
No, each member may only be registered once.
Is There A Fee To Be A Member Of Loop Surveys?
No! Being a Loop Surveys panelist is completely free.