Swagbucks is an online shopping portal where you will earn Swagbucks (SBs) for making online purchases. I wrote about this site recently as they are currently offering 3x SBs on all Staples purchases. So instead of receiving 2 SBs per dollar spent, you are earning 6 SBs per dollar spent. This is higher then any of the other online shopping portals! You can also earn SBs but taking surveys, playing games, taking tutorials, etc.
Where Swagbucks differs from some of the other shopping portals is that you are not earning points, miles, or cash back, but instead Swagbucks that you can use to redeem for a variety of gift cards.
Their redemption options are also extremely favorable! Essentially each SB can be valued at about 1 cents, so every 500 SBs equals a $5 gift card. So if you have 10,000 SBs, for example, you should be able to cash out for a $100 gift card! Gift cards are typically in $10, $15, $25, $50, $75, $100 increments and depends on the merchant. And sometimes gift cards are even on sale. For example, you can currently redeem 450 SBs for a $5 Amazon.com gift card. There is also a Paypal option, so thats an easy way to get actual cash.
On the travel front, you can cash out for a Hyatt, Southwest, and Royal Caribbean gift card. You can also find many gas gift card, Walmart, Home Depot, Amazon.com, Starbucks, CVS, Banes & Nobles, etc.
So with the Staples example, if you purchase $500 from Staples online, you will end up with 3,000 Swagbucks. This will allow you to redeem for a $30 gift card. Let’s say you make the same purchase through the Chase UR site, that will only earn you 1,000 UR points which I value far less then $30. With TopCashBack.com you’ll earn $15 cash back, which is half of the amount.
If you are new to Swagbucks, you can sign up here. Through May 27, 2014, you will actually get $5 in free Swagbucks if you make a $25+ purchase with a participating online merchant (for new accounts that sign up through the link listed).
Let me know if you have any questions! I personally haven’t used it that much as I was recently introduced to it, but I have earned my points in a timely manner which I respect from an online shopping portal!
Terms: 500 Swag Bucks (approximate retail value $5 USD) (“Credit”) when you sign up
for a Swagbucks.com account via an applicable referral link and make a purchase
of $25 USD or more through the Swagbucks.com Shop & Earn webpage between 12:01
AM PST on April 7, 2014 and 11:59 PM PST on May 7, 2014 (a “Qualifying
Purchase”). Offer valid for new Swagbucks.com accounts only. Credit will be
issued to your Swagbucks.com account within thirty-five (35) days of your
Qualifying Purchase. Limit ONE (1) Credit per person. This offer may not be
transferred; cannot be redeemed for cash; and cannot be combined with other
Editorial Note: Opinions, analyses, reviews or suggestions expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.