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MindsPay Panel Review – Paid Survey Panel

Last Updated: February 12, 2020 By Paul Moyer

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SavingFreak.com has an advertising relationship with some of the offers included on this page. However, the rankings and listings of our reviews, tools and all other content are based on objective analysis. For more information, please check out our full disclaimer. SavingFreak.com strives to keep its information accurate and up to date. The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website. All products are presented without warranty.

Before you dismiss survey panel sites as another form of GPT (get-paid-to site) scam, it might be worth your while to give them a shot yourself.

If you have some time to kill every day, participating in their surveys and activities can be a great way to make some extra bucks on the side.

Best Paying Survey Sites
UPDATED October 2022 – Use these links to get the best current sign up bonuses for each.
  1. SurveyJunkie
  2. Swagbucks
  3. LifePoints
  4. MyPoints
  5. Pinecone Research

Today I’ll be reviewing one such site – MindsPay Panel.

Quick Navigation

  • How it Works
  • Is it Legit
  • How do I get paid?
  • Company History
  • Alternatives
  • Pros
  • Cons
  • Final Thoughts

How does MindsPay work?

You have to be a US resident over 18 years of age to become a member. If you meet those criteria, same as any other survey site, you start by registering an account using their sign-up button.

mindspay review

Once you’ve filled out your name, date of birth, home address, and some other basic information, you’re taken to a page where you join five different third-party sites, and that’s it for the sign-up process.

Once you have signed up, you get a small cash bonus and are asked to answer a short feedback form. After that, you just have to confirm your email address, and your registration is complete. As you can probably tell the registration is a breeze and free of charge – sites that ask for a registration fee are usually scams.

Get started with MindsPay

Now that you’re done with all that, you might expect to get survey invitations in your inbox. However, with MindsPay, it’s not that straightforward.

Instead, you’ll find a long list of surveys on their site, but if you click on any of the offers or surveys, you’ll learn that they are actually survey links to affiliated websites. When you follow a link like that, you’ll have to sign-up and jump through all the hoops that I described above on the new site.

Now you might be thinking that the site must list the survey sites by ranking and provide descriptions that users may find helpful, but it does not. Save for a few ratings here and there the site just lists a lot of low-paying offers.

Some even link to other similar sites where you have to repeat the whole sign up process again to end up with another list of links. In other words, if you do follow these links, you end up stuck in a loop.

They do offer some quality surveys; I’ll give them that, but they’re usually few and far between, and if you’re just starting, it’s near impossible tell good surveys from poor ones. It creates to potential to waste a lot of time for very little reward.

Aside from taking their so-called surveys, you can also earn a little cash by reading emails. These emails contain links to their site, and you get paid for clicking that link.

Lastly, they have a referral program, where you get paid a fraction of your referral’s cash out, 10 percent to be precise.

Is MindsPay legit?

Although the site itself is probably not a scam, and they have paid some users, they don’t compensate all their users for the opinions they supply, and the whole payout process is a bit dicey.  I don’t really recommend this site to anyone because their payment policy is unreliable, to say the least, and their survey system is at its core, a classic bait-and-switch.

They are also not accredited with BBB, which usually lends credibility as well as legitimacy to such sites. Their rating based on complaints is a glaring F, which speaks volumes about their service quality—as do the many negative reviews there to read.

Most complaints focus on a lack of payment or massive amounts of email spam even after the user unsubscribes. The company has not responded to a single one of those complaints, and many of those users state they got the same cold-shoulder from Mindspay’s on-site customer service.

How do I get paid?

While their payment policy isn’t impressive, you supposedly can earn from their platform. As I explained before, to earn you have to follow email links or promotional offer links they have listed on their site. Unlike most websites, the only payment method made available to you is PayPal. The minimum limit you have to reach is $50, which is surprisingly high for a GPT site.

Even after you have reached the required threshold, you have to wait 30 days before you can request for a cash-out—and achieving that threshold, after wading through a sea of exceptionally low offers, and then having to wait for a month, can get frustrating.

The earning opportunities themselves aren’t great. You can only expect to make a couple of bucks in a month, and you can’t cash it out either until you’ve reached their high threshold. On the upside, their site is responsive and can be used on mobile or tablet so that you can fit the survey taking into your schedule more easily.

Sign up with MindsPay

Company History

There isn’t much information available online about who operates or owns Mindspay. You can’t even find where they’re located, beyond Michigan somewhere, which undoubtedly, raises a red flag.

You can usually find such information on the company about page, which doesn’t exist on their site. So, in a sense, the site is keeping users in the dark about who owns and runs the show.

The domain itself was registered in 2010, and that’s all the history you’ll find for the company.

Alternatives

While Mindspay isn’t a big winner on our list, there are other alternatives that you can be guaranteed will payout. They include?

  • InboxPays – One of the top GPT programs, InboxPays is one of the most well known options to earn.
  • Univox – Not as well known to survey takers, Univox is a good option to get paid for surveys.
  • Grab Points – With a solid points program, GrabPoints gives you more options to earn than just surveys.

Pros

  • Mobile version
  • Pays in cash

Cons

  • High payout threshold
  • Lots of email spam
  • You can only take third-party surveys
  • Poor BBB rating with lots of complaints
  • Sketchy contact details

Mindspay Review Final Thoughts

The high payout threshold and shaky customer reviews keep MindsPay from being suggested as a top survey site option. Not being connected to a market research company also is a major strike against them.

That being said they do have reports of people being paid and that keeps me from labeling them a scam.

Get started with MindsPay

First Published June 19, 2019

About Paul Moyer

Paul Moyer is the owner and Founder of SavingFreak.com. He is a licensed insurance agent, personal finance blogger, and financial coach. With the help of with his wife Amy, Paul has been debt free since 2006.

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  • How it Works
  • Is it Legit
  • How do I get paid?
  • Company History
  • Alternatives
  • Pros
  • Cons
  • Final Thoughts

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