WolfPoints Review [What You’re Going To Regret]
WolfPoints is another reward program, allowing you to earn points as you do some tasks such as taking surveys - oops, boring - and cash your points. If I think it's boring, why am I reviewing it? Because some surveys-for-cash sites do pay, you know. Believe it or not, a few people I personally know take them seriously and spend a good half a day answering surveys and join membership trials to make decent money. The phrase "persistence is the key to success" applies to anything in life, you know. Okay, my WolfPoints review will check to see if it's something feasible.
Unfortunately it's the wrong one...
What Is WolfPoints? [Overview]
The WolfPoints' home page says it offers a variety of opportunities to earn points; apart from surveys, it will also allow you to earn points by downloading apps, trying products, joining sponsored giveaways and referring others.
One WolfPoint is worth $0.01, which means 100 WolfPoints will get you $1. The minimum cashout amount is $5.
Also if you refer WolfPoints to someone, "you will earn a 10% commission for life"... I assume the "commission" refers to the points that they earn - with every 10 points that your referral earns, you'll get one point? It doesn't explain clearly there.
It also offers 2-tier referral system. You'll receive "5% commission", assuming with every 20 points your referral's referral earns, you'll earn one point.
Your points can be exchanged to cash and sent to your PayPal or virtual credit card account. Or exchange to a gift card, including Steam, Rixty, Google Play, Roblox, Xbox Live Gold, PlayStation Plus, Amazon, Netflix or iTunes.
That's what WolfPoints says, but I became suspicious when I actually signed up a took a good look around...
The Policy Is Inconsistent
It's the minimum cash-out amount. There are two sets of FAQ's - there's one in the home page before you sign up, and there's another FAQ section in the support section.
- The one in the home page says that you can cash out from as low as 100 points ($1) via PayPal.
- Whereas the support page says that the minimum cash-out amount is when you reach 500 points, i.e. $5.
However when you actually go to the "Redeem Points" menu, the minimum threshold is $30. You won't be able to exchange it to cash (PayPal or credit card account) until you've earned 3,000 points.
Data Harvesting Scam
When I clicked "Earn Points" menu to see what was available, my heart immediately sank. Oh... It's a scam. Another boring old survey scam. More specifically, a data harvesting scam.
There are only three headings; (1) Survey for $10, (2) Easy Survey for $5, and (3) Download an app for $1.
When I click (3) Download an app menu, I'll be directed to the same page as (1) Survey for $10. So basically there are only "surveys for cash" options. When I click (2) Easy Survey for $5, they're all offering 1,000 points per survey ($10).
f you've never tried surveys-for-cash to make some extra pocket money but are thinking about it, you must remember 3 things;
- A legitimate survey-for-cash will never pay as much as $10 per survey. Usually less than a Dollar, up to a few Dollars.
- A legitimate survey-for-cash will never use a big prize competition to lure you into it (e.g. Get $200 Amazon gift card, Win an Apple Watch).
- And most importantly, a survey should be taken anonymously. They will never ask your name, email address or any sensitive information before the survey starts.
Their aim is one thing; to collect your personal data and sell it to spammers. You'll never win a gift card or game console.
What's worse is that a lot of the fake invitations say "GET a gift card!" instead of "win a gift card" as if to say whatever the gift will be automatically on its way to you upon completion of each survey.
And The Consequences...
You know the consequences - once you've given your email address, you'll start to receive unsolicited emails with clickbait subject, only to get you to open the mail and click the link, for example;
- "Congratulations! You Are The Winner!"
- "Security Breach - Check Your Account NOW"
When you click the link in your email, you'll be directed to a page that says there's a cash gift waiting for you to collect. It will say that you need to enter your valid email address to collect your money. And of course, if you enter your email address, it will be sold to another spammer. There will be no money to collect. iIt's all fake.
Nope. They're Not Paying.
Yesterday and today - I haven't done anything. All I've done was to open a few of those fake survey/prize sites and close the browser tabs. And I've earned 2,300 points.
What, why? But great. I immediately claim Rixty gift card, whatever that is, because it has an exchange threshold of 2,000 points. Nothing happens. Of course nothing happens. I haven't done anything. The best I've done so far is trying to complete this review post. Already earned 2,300 points, what's that all about?
And I can find numerous complaints made to WorldPoints on Twitter for not exchanging points.
Here's Why You Can't Make Money
WolfPoints says "we have users that earn thousands of dollars in cash every month", but the domain was only registered in December 2018, and the site only went live in April 2019.
If you think about how WolfPoints itself generates money, then you'll see how impossible anyone can make "thousands of dollars" by using this site.
These data harvesting survey/gift sites pay approximately $1 to WolfPoints every time someone gives out their personal data and completes the survey. More or less. No more than $2. (I know this because I've been invited to promote that kind of sites many times in the past.)
If you complete a survey and the survey company pays WolfPoints $1, the maximum WolfPoints can pass it to you is (obviously) $1, making zero profit for itself.
If all of this was legitimate and if I was a WolfPoints owner, I would probably pay you $0.70 per survey and take $0.30 for myself as a profit. If I had 1,000 users and they all completed one survey, I would receive $1,000 from the survey company, pay the users $700, and $300 would be my commission. You know what I mean?
But I'm talking ludicrously ambitious here - how could I have 1,000 active users? That wouldn't be easy. Surveys-for-cash business is boring, yet competitive.
WolfPoints probably doesn't even have 1,000 users. Not even 100 users. What it decided to do is lie. Promise that you'll earn 1,000 points ($10 worth) each time you complete a survey. But it's impossible for them to pay you $10 per survey when it only receives $1 from the survey company.
WolfPoints Pros and Cons
WolfPoints Review Conclusion:
Stay away from WolfPoints. As you can see from the proof of complaints on Twitter, you will not be paid. Don't participate in any of the surveys/prize competitions and give out your personal information. It will only be sold to spammers and, in the worst case scenario, it may be passed for criminal purpose, i.e. hacking.