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Wednesday, 24 January 2007

Lightspeed Panel - Paid Online Survey

My first ever post was all about my experience with paid online surveys. Back then Lightspeed panel was among my favourites and today it nabbed the top spot. I had earned my fist £15 ($30USD) from their surveys.

I signed up a few months ago. Their main downside is that they take a while to get going. It took about 2 months before I heard anything from them. But then the surveys started to arrive....I have been getting about 5 per week. I am not eligible for all of them but I find I usually am. Each survey is worth 50-125 Lightspeed points which can be converted to cash on Paypal (which is what I did) or you can buy gifts with them or home decorating bits n bogs (its random I know!). 100 Lightspeed points is worth about £1 ($2USD). This doesn't seem like much but the surveys never take longer than 10 minutes, despite the warning at the start that they will take longer (I don’t mind them thinking I’m taking longer on their surveys than I really am!). So that averages out about £6 ($12USD) per hour if you were doing them solidly, which isn’t a bad wage considering you need no qualifications. It is however, clear that they are not get-rich-quick scheme. Also you only get a few per week but remember to earn a living from paid online surveys you need to be signed up to a lot of them. (Just see my fist ever post, in the 2006 archives for a lengthy list of the sites I tried).

If you sign up (this is not an affiliate scheme) just type 'Lightspeed panel' followed by the name of your country because they have a different sign up page depending on where you are from. This is because their surveys are more likely to be relevant to you if they know where you live. I know Lightspeed panel is available in the UK and USA and a number of European countries, its not hard to find out.

So that’s the Lightspeed panel.

Coming up:
Affiliate programme info, blog reviews and an article about Google Pagerank.

1 comment:

Anonymous said...

So, you're okay with giving them your online credit card user name and password?

Please note the following from their terms and conditions:

Rights You Grant to LOR

A. Content You Provide. You are licensing to LOR any information, data, passwords, materials, or other content you provide through or to LOR and the Service, as well as any data you authorize LOR to collect from third parties under Section 5 below (collectively, "Content"). LOR may use, modify, display, distribute, and create new material using such Content in any manner, at LOR's sole discretion. LOR may license such new material or Content to others. LOR may also obtain your credit score from time to time for anonymous use in research reports. By submitting Content, you automatically agree, or promise that the owner of such Content has expressly agreed that, without any particular time limit, and without the payment of any fees, LOR may use the Content for the purposes set out above.

B. User Name and Password Privacy. LOR employees (other than those directly responsible for the Service) do not have access to your user names and passwords. Furthermore, no LOR employee (other than those directly responsible for the Service) can view or retrieve your LOR password.

5. Third-Party Accounts

By participating in the Service, you authorize LOR to access records of your spending and savings in your personal accounts, including but not limited to your credit card and bank accounts, using LOR's secure, computerized system, and authorize your third-party account providers to provide us with such information. Where applicable, you also authorize LOR to record your Web-surfing behavior. You agree that LOR assumes no responsibility and shall incur no liability with respect to the acts, omissions, or determinations of any such third-party account providers.

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