Pennies

Online Earning Report–February 2014

I’m now in my second year of tracking my earnings online to help people see how it can be done. I’ve now earned over $5,000 in the past 14 months. I set a goal of $5,400 for 2014. I started out the year very strongly, earning $597.33 for January. I continued my work during February. This month is the shortest of the year, so it can be difficult to keep up with online earnings. I still did pretty well. Here are my earning streams. Unfortunately, little of it was passive income, although I’m building up some accrued income that’s not been paid out yet and should be in the next month or so.

Freelance writing: $480.33

Swagbucks: $25.00 (sign up for Swagbucks here–I could earn a referral commission)

Bing Rewards: $3.00 (sign up for Bing Rewards here–I could earn a referral)

MTurk: $3.00 (sign up for MTurk here–there is no referral program with MTurk)

My total earnings for February were $511.33. When added with my earnings for January, I’ve earned $1,108.66, which is 20.5 percent of my annual goal with just 16.6667 percent of the year completed. That means I’m ahead of my goal for the year.

Pennies

Is Bing Rewards a Scam

NOTE: Bing Rewards is now Microsoft Rewards. I still use them and earn Amazon gift cards with them, but there is no referral program as there was before. They no longer allow users to get Swagbucks as a reward–hence my use of Amazon gift cards.

One of the first things that I wonder when I find out about another money-making site is whether or not its a scam. I’ve been seeing ads for Bing Rewards for quite some time on Swagbucks (you can sign up for Swagbucks here), and I wondered if Bing Rewards is a scam. I must confess that I just signed up for Bing Rewards because there was a limited-time offer of a 100 Swagbuck (basically $1) sign up bonus.

Earning Bing Rewards Points 

The BIng Rewards program works like many of the other search and earn sites. It is run by Microsoft’s search platform. You perform searches, and you get one point for every two searches that you make through Bing. Unlike a site like Swagbucks, you’re basically limited to 15 points for searching each day until you get to 750 points and Gold status. Then your earning ability goes up to 20 search points per day.

Cashing in Bing Rewards

Rewards range from discount online coupons to the e-gift cards that are familiar with Swagbucks. I don’t usually post a review on this site until I’ve actually been paid by the program under review. This review is the same. I was able to cash out for a $3 Amazon gift card, which I promptly applied to my account. My gift card balance went up by $3, and I used it promptly to buy a book that I was planning to get anyway.

Unlike Swagbucks you cannot get PayPal cash directly from Bing Rewards. The $3 Amazon card that I cashed out required 340 points. After you’ve cashed out a reward and earned 750 points on the site, you are bumped up to Gold Status (the highest available at this point), and you can then get a discount on all of your redemptions. The $3 Amazon card drops from 340 points to 330 points. I’ll have Gold Status by that point and will have to pay only 475 points, rather than the normal 525.

Maxing out Bing Rewards Quickly Every Day

So, to answer the question, is Bing Rewards a scam, no, it is not. It is a legitimate way to make some side income online. It may seem like a very time consuming way to make cash, but it really only takes about a minute a day. When you perform your first search, the site posts some related searches on the right-hand side of the page. You may have to scroll down a bit for these, but they are frequently on the top right of the page. Clicking one of these one after the other will cause the meter to go up very quickly.

Here is my dashboard from Bing Rewards. It shows my last cash out, my goal, and my lifetime earnings.
Here is my dashboard from Bing Rewards. It shows my last cash out, my goal, and my lifetime earnings.

BIng Rewards Is NOT a Scam

Bing Rewards can be a very good way to earn a reward of $5 toward Amazon gift cards each month. You can sign up for Bing Rewards here. Please note that I am eligible for a referral bonus should you use my link. I thank you should you choose to do so. You can still earn by signing up on your own. I have used this site, and will continue regardless. If you want to read up on Swagbucks you can read my Swagbucks review here.

Good luck as you continue to earn money in pajamas.