Loop Surveys Review - Who They Are? EliteSurveySites
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Loop Surveys Review – Who They Are?

EPF April 27, 2018

What Is Loop Surveys?

Loop Surveys is one of the best-known providers of research studies for the people living on the North American continent.

It was founded in 2017 by the Logit Group, which is an accredited research company from Canada. The Logit Group is a gold seal member of the Market Research and Intelligence Association (MRIA). It is also a standing member of the Insights Association, which says enough about its credibility.

The goal of Loop Surveys is to research the consumer market and gain a better understanding of the consumers living in North America. In doing so, it abides by the guidelines and regulations of the aforementioned institutions.

Market research studies provided by Loop Surveys cover a number of topics and they are all paid in cash. In addition, they will not spam you, but only send you emails relevant to market research. When it comes to privacy, they claim they will never share your email with a third-party client.

Today, Loop Surveys boasts over 250,000 members, mostly consumers living across entire North America.

 

How to Sign Up

Loop Surveys is free to join, which is very common to accredited survey panels.

Only U.S. and Canadian residents can register for this panel. Also, you need to be at least 16 years old.

You may register only once because they want to get a real insight into the opinions of their customers. That is why each person’s opinion should be counted only once. If you create more than one account, this will be recognized as fraud and all of your accounts will be banned.

To register, you will need to fill out their join form. Here, you will be asked to enter the following information:

  • First name
  • Last name
  • Language
  • Time zone
  • Gender
  • Email
  • Password
  • Date of birth
  • Country
  • Zip code

It is necessary to provide all this information because this way, you will be matched with the surveys that are the best fit for you.

Then, you need to agree with their terms (which we highly recommend you read). After this, you can click JOIN NOW button.

Once you are done with the registration form, you will receive a confirmation email. Click on the confirmation link in the email to confirm your membership and that’s it.

The good news is that you will receive a $2 bonus for registration.

Be honest when you enter your personal information. This will make you a trustworthy member and this is what all survey panels love most.

Also, make sure you update your information regularly. To update or modify your personal information, log into your Loop Surveys account and make necessary changes on your profile page.

Accounts that have been inactive for a year will be shut down.

 

How It Works

Once you sign up for Loop Surveys, you will get an email invitation to participate in online studies. You will be informed about the length of the study, its topic and the amount of money you can earn when you complete it. You can choose how many surveys you want to take part in.

For each survey you complete, you will get a reward. In addition, you will be rewarded for each friend you refer to Loop Surveys. And perhaps this goes unnoticed, but it is worth mentioning that your opinion can directly influence and shape the products and services that companies are testing.

The answers that you provide in research studies will be kept confidential and will never be shared with anyone else. The answers will be provided anonymously in aggregate. Also, Loop Surveys claim they never try to sell anything to their customers.

You should receive at least one email invitation a month. If you use a spam filtering option in your email, make sure you check your spam folder regularly or include Loop Surveys email address in the list of your contacts.

When you receive an email invitation, you will see a URL in it. By clicking on the link, they will know it was you who completed the survey. That is why you don’t need to provide your personal information for each survey you do.

If you click on the link and it doesn’t get you to the survey, copy and paste it into the address bar of your internet browser.

Also, make sure you check your account from time to time since this is where you can also see if there are any surveys available to you.

 

Payment

With Loop Surveys, you get money for each study you complete. The amount of money you receive depends on the type and length of survey.

For each 100 points you earn on this panel, you will get $1.

The minimum number of points you need to earn in order to redeem is 2500. Then, you will be able to cash out and you will receive either a $25 pre-paid virtual or physical VISA card (depending on which one you select). You can redeem the cards wherever VISA cards are accepted.

If you select a virtual card, you will receive it within 24 hours of your transaction being proceeded.

You will get 200 points when you confirm your registration email. Also, what is important to note is that you will get 100 points (which is $1) for each friend you refer.

 

Is Loop Surveys Legit?

The short answer is: Yes.

The long answer is: Loop Surveys is an online research study website established by the Logit Group, which is accredited by the MRIA and the Insights Association. This says enough about their credibility.

We can confirm that they are a legit survey panel. You can rest assured that they will not try to spam or scam you in any way, sell you anything or sell your information to anyone.

 

Pros and Cons

To give you a complete picture of this survey panel, we want to cover both its advantages and disadvantages.

Read on to see both sides of Loop Surveys.

Pros

  • Loop Surveys is an accredited and legit survey panel.
  • It is available to all North Americans who are at least 16 years old.
  • They have a lot of members, which means they provide a lot of surveys.
  • You get paid in cash and very fast.
  • Your information is safe and sound as they will not share it with third-party clients.
  • You will not receive spam emails from them.
  • You will get $2 for registration and $1 for each friend you refer.

Cons

  • Only U.S. and Canadian residents can apply.
  • You might have to wait for some time to actually receive an offer.
  • The withdraw threshold is a bit high ‒ $25.

 

Conclusion

It is undeniable that Loop Surveys is a legit online research company. Taking into account the fact that it was established by the Logit Group and that it has around 250,000 members, you can relax and trust it.

The registration process is rather simple and similar to what many other survey panels have. You will get paid in cash, which is a great thing.

However, this panel is only available to the people living in North America, which is a considerable downside.

All in all, we recommend this panel to everyone who is eligible to register, but only as a source of extra income.

If you want to see a list of panels which accept registrations from all around the world, take a look at our list.

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