PrizeRebel Review – Scam or Legit?

Do you know what is PrizeRebel? Probably you have come across PrizeRebel if you want to make money by taking surveys. But you may wonder, “is PrizeRebel a scam?”

PrizeRebel seems to be a reputable online survey website. But since there are many online survey sites that are reported to be scams, it’s important to do some research before investing your precious time.

Otherwise you may not receive compensation after spending time to take surveys.

I have conducted thorough research about PrizeRebel in order to evaluate the credibility of PrizeRebel.

As a disclaimer, I’m NOT affiliated with PrizeRebel. That means I’m not paid by PrizeRebel to write this review. Therefore, you can trust my words are unbiased.

In this PrizeRebel review, I’m going to cover the following to help you make a decision. At the end of this article, I’ll also tell you the best alternative to make passive income while sleeping:

How much can you earn by taking PrizeRebel Surveys?

You may wonder if you can make a full-time income by taking surveys on PrizeRebel. This is unlikely because you have limited time every day. Taking surveys is quite time consuming.

At PrizeRebel, you will earn points after taking surveys. Those points can then be converted into real money. You can only withdraw them when a certain threshold is met.

If you do surveys on PrizeRebel, you’ll know that 1 point is equivalent to $0.01. That means you only get $1 when you accumulate 100 points.

For each task, you can see how many points you can earn. PrizeRebel allows you to see two key metrics. One metric is the amount of points for each survey and another is the average completion time in minutes.

However, for the metric of average completion time for a survey, it may not be accurate as it is just the estimated time. You may turn out spending more time than you intended to.

Are there any other ways to earn points at PrizeRebel?

As mentioned before, taking surveys is just one way to earn points at PrizeRebel.

You can also earn points at PrizeRebel by using the following ways:

Earn Points By Watching Videos

You can earn points by watching promotional videos of PrizeRebel’s partners. For every 30 minutes you watch , you will be rewarded a few points.

Earn Points By Playing Games

You can earn points by downloading and installing some games. If you spend some time actually playing the game, you will be rewarded a few more points until you reach a certain level.

Earn Points by Doing Online Shopping

This is a kind of cashback program. What it means is that when you purchase something online via PrizeRebel’s affiliate link, you will earn some points. That is like having a discount for the product you purchase.

Of course, if you want to make money with PrizeRebel, you won’t spend money to earn a few points back.

Make Money By Getting Referrals

Referring a friend to PrizeRebel’s platform is the quickest way to earn points. When you invite someone to sign up for PrizeRebel, you will be able to make 15% to 30% of the lifetime earnings of your referrals.

How does the Level System work at PrizeRebel?

PrizeRebel uses a kind of level system. It means you will be able to increase your earnings as you move to the higher level.

When you register your new account at PrizeRebel, you will be given a Bronze account status. There are upper levels like Silver, Gold, Platinum and Diamond.

Moving up the levels means you will have higher PrizeRebel perks. For example, if your account status is Bronze, you will only get a 15% referral bonus. Diamond accounts can get a double of this, i.e. 30% of the referral bonus.

So people always aim to promote to the next level in order to make more money with less effort.

You can check your level on the top where you will know how many points you need to move to the higher level.

What can you redeem your points for?

Earning points is meaningless if it cannot be exchanged for cash. At PrizeRebel, you can exchange your points earned for either cash or a gift card.

Cash

Converting your points into cash is the most preferred option. PrizeRebel only allows money to be transferred via Paypal.

One point to note is that your paypal email for money transfer should match your registered account email at PrizeRebel.

There is a threshold for withdrawing the money. You need to have at least 500 points or $5 in order to cash out.

Gift Cards

Some people may prefer to exchange PrizeRebel points for gift cards.

The gift cards can either be an Amazon voucher code or a prepaid voucher backed by Visa.

You may get the gift cards to buy stuff.

Is PrizeRebel a Scam?

PrizeRebel is not a scam. It was established in 2007. So if it is a scam, it’s not possible to last for so many years.

However, if your goal is to make money, you would have to spend a lot of time to make just a few bucks. It won’t be enough to pay for your bills.

Time is money. Unless your time cost is very low, otherwise PrizeRebel is not a good choice for making money online.

Also, it’s not passive income at all. You will be selling your precious time for a small amount of money. It is not worth it, because you can spend your time on other more productive matters.

Actually, I would suggest you build a digital asset, which can generate a stable stream of passive income. It means you can make money while sleeping with a digital asset.

Warren Buffett said, “If you don't find a way to make money while you sleep, you will work until you die.”

Therefore, to become rich, you must find ways to make passive income.

In the next section, I will talk about how you can build a digital asset and start making passive income today!

Is there a better alternative to make passive income online?

If you want to make a stable stream of passive income, I highly recommend you to start an affiliate marketing business online.

Affiliate Marketing is perfect for anyone who is new to online business.

In fact, I’ve tried many online business models over the years. Affiliate marketing is the easiest and most rewarding so far.

In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.

And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.

Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.

But How Much Can You Earn with Wealthy Affiliate?

A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.

Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.

To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.

Where to Join Wealthy Affiliate?

Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.

If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.

And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.

You can enjoy all these values without paying a penny.

So I strongly recommend you to register a free account and see it yourself.