DailyRewards Review Canada: Legit Surveys And Rewards To Make Money Online (Free $5 Sign Up Bonus)
Whether it’s the gig economy, starting an ecommerce site or participating in online rewards platforms, there are plenty of ways for anyone to earn a little (or a lot of) extra cash from your phone or computer. DailyRewards is one of those rewards platforms that allows Canadians members to make (a little) money online.
You aren’t going to get rich quick with platforms like DailyRewards or any of the other paid online survey sites. These aren’t for everyone and are best suited to commutes to work, free time at lunch or when relaxing on the couch in the evening. Digital rewards and paid survey sites won’t scale like a true online business venture or one of the other rewarding side hustles.
However, if you can add it into your routine you will be able to earn some extra cash to start micro-investing, begin saving for an emergency fund, put additional funds toward your student loan repayment and so on.
So what is DailyRewards and how does it work? Let’s explore the platform with this quick DailyRewards Review.
What Is DailyRewards?
DailyRewards is the Canadian wing of CotterWeb Enterprises Inc. The group also owns InboxDollars (USA) and InboxPounds (UK). They expanded into Canada with DailyRewards in 2014.
So what is it then?
DailyRewards is an online and mobile platform that rewards their members with cash for performing various tasks. It’s similar to Swagbucks as it provides not only surveys but a collection off ways for users to make money online.
Performing tasks on your computer, phone or tablet earns you real cash. The more you participate, the more you earn.
DailyRewards is entirely free to register for and the eligibility comes down to being Canadian and over the age of 18.
Is DailyRewards Legit?
Yes! The CotterWeb Enterprises Inc. network has millions of users across their Canadian, American, British and global networks.
DailyRewards is indeed 100% legit.
As part of my quest to make as much side hustle income as possible to expedite paying off my student loans, I tested out DailyRewards and other paid survey sites in 2014. I can vouch for its legitimacy.
I can also vouch you aren’t going to get rich from it, this is not its purpose.
The total payout they’ve distributed to members across their entire network runs over $60 million. InboxDollars Facebook page has also passed over 2 million members.
They’ve been featured on BBC News, Yahoo Finance and other media outlets over the last 4+ years.
How Does DailyRewards Work?
DailyRewards is a mutually beneficial system for the three main parties involved; brands, DailyRewards and you (members).
- Brands: Gets consumer data, research and advertising to form their decisions on products, services and future decisions.
- DailyRewards: Paid by the Brands to connect them with relevant members in order to compile that consumer data and publish that advertising.
- Members: Make money by sharing their opinion, playing games, watching videos, taking action on offers and other tasks.
Brands from different sectors, like retail, electronics, entertainment and so on, use the DailyRewards network to connect with members like you. They gather valuable insights from the surveys, videos, emails and other tasks members perform.
DailyRewards passes a percentage of those fees accrued from brands to pay you for participating in the various earning opportunities.
You can cash out via check, gift card or with Visa PrePaid Debit Cards.
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How Can You Make Money With DailyRewards?
Similar to Swagbucks, another leading digital rewards platform, DailyRewards gives their members multiple ways to make money online.
Each of these have different earning potential and you’ll have to find what fits best for you.
Sharing your opinion online with surveys is the most standardized means to make money online with DailyRewards.
The surveys will vary in length of time and payout ($0.50 – $3.00+). If you have a commute to work or free time at lunch, you can quickly pop open the phone and try to fire through some surveys.
The brands working with DailyRewards use the information they’re gathering from consumers like you to form their marketing strategies, product mix and so forth. Unfortunately you won’t qualify for every survey as they might be intended for specific demographics that don’t meet your profile details.
You can earn money online playing games with DailyRewards. However, you can also lose money as you’re entering various competitions versus AI or other members.
Personally, I’d avoid this and stick to more guaranteed means of return.
The brands that DailyRewards works with provide trial offers and product testings to members. As part of the commission structure DailyRewards has set-up with their partners, they would make a fee and then pass a portion of that on you.
The offers vary from being a standalone free offer to a limited-time free trial. For the limited-time offers, you will need to remember to cancel your free trial to avoid getting charged for any products or services.
The limited-time offers will have higher payouts.
Watching videos through the DailyRewards is another earning option. The payout will be minimal but if you can load up a playlist to run in the background while watching TV or commuting, it all adds up.
Another opportunity to earn with DailyRewards is through their Ownza plugin that provides cashback for shopping on certain websites. The rates generally fall in between 2 – 10% cash back.
One of the often overlooked ways to make money with DailyRewards is through their referral program.
For any new member registration you drive, you earn money (10% of that members earnings on the DailyRewards platform).
How Do I Get Paid From DailyRewards?
In order to cash out you need to hit the minimum payment threshold of $30. The free $5 welcome bonus to new members will help get you started.
After you’ve hit $30 you can secure your payment via PayPal. Reaching that $30 threshold will also have you upgraded to a Gold member on DailyRewards. Gold members earn more loyalty rewards and get paid quicker, plus receive additional offers and access.
However, reaching that $30 payment will take some time as these DailyRewards tasks are micro-earnings.
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Is DailyRewards Worth It?
Based on the above and what I said in the introduction, DailyRewards isn’t for everyone. There are other side hustles and ways to make money fast that will be much more lucrative in the short and long term.
High earners and those with entrepreneurial ventures to focus on would be best suited to put their efforts elsewhere.
However, those looking to start making a little extra cash in their free time with their computer or phone can take advantage of DailyRewards.
- $5 free welcome bonus on registration
- Free and easy to join
- Straight forward layout and access to navigate the platform
- Multiple ways to earn
- Higher minimum cashout at $30
- Not qualifying for surveys
- Low earning potential overall
DailyRewards Review Canada: Get Your Free $5 Sign Up Bonus
Registering for DailyRewards is quick and easy. The only eligibility requirements are being a Canadian that is 18 years or older. It’s entirely free to sign up for and they offer a free $5 welcome bonus offer to new members.
During the registration process you’ll be required to share the traditional information you’d provide with other websites (name, email, age and so on). Following that you will fill out introductory surveys that helps DailyRewards better understand you as a member.
These questions include gender, household details, interests, hobbies and other relevant details to build out your profile. You get paid $1 for completing each of the introductory surveys.
They use these details to determine which surveys and offers you might be eligible for.
If you’re ready to give DailyRewards a try and test out whether the platform is right for you, sign up for free today and get your $5 bonus.
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If you want to learn other ways to make money online or at home check out:
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- 35 Rewarding Side Hustles (Almost) Anyone Can Do To Earn More Money
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