MyPoints is a rewards website that lets members earn points just like the name implies, this points are gotten by participating in different activity which includes online shopping, answering surveys, reading emails and completing special offers. Right after racking up enough points, what comes next is how to turn those digital point into something tangible that can be made use of in the physical world.
Unlike most platform that only offer one payment method, MyPoints has different method for you to exchange your point for, so right after earning those point all you need to do is to exchange them for different rewards. The approved means MyPoints accepted payment methods include PayPal cash, electronic gift cards, a MasterCard Reward Card and United MileagePlus miles. Within this article the term payment method simply refer to the way members can redeem their points, rather than just using the word methods for depositing money.
MyPoints Accepted Payment Methods:
The MyPoints acceptedpaymentmethods has different option just like I stated early it is flexible, now let go into details
1. PayPal Cash Rewards
If you want real money that you can spend anywhere instead of an award system that is connected to a particular store, then PayPal cash reward is the bet. PayPal is the most flexible MyPoints Payment Options that offers cash, so you have nothing to worry about.
Before requesting a PayPal payment method, ensure that the full name and email address on your MyPoints account match the information on your PayPal account, and in addition your PayPal account must also be verified. MyPoints timeline for PayPal transfer may take up to five business days to complete, and you ought to receive an email notification after the money is sent once the both detail proved matches.
2. Electronic Gift Cards
Gift cards and e-certificates are the most popular MyPoints payout methods, used by their members. Members can easily choose rewards from different partners such as online shops, restaurants, airlines, hotels, department stores and boutiques. This option can be useful if you already know what you want to buy and where you plan to shop for them, eat or travel.
This gift card are electronic gift cards so they are not just handed out, they are sent to the email address connected to your MyPoints account. According to the company the timeline for delivery normally happens within three business days, although some rewards can take up to ten business days. Simply check your spam or junk folder when the reward email does not appear in your inbox or you can also resend the claim email from your account’s redemption history.
3. Mastercard Reward Card
Another available option is the virtual Mastercard Reward Card, if you want the flexibility of a credit card without the debt than you can opt for a virtual Mastercard Reward Card. This digital card can be used online or over the telephone at merchants that accept Mastercard debit and this gives members more spending freedom than a gift card that works with only one retailer.
In case you want a physical card, MyPoints also allows digital cardholders to request for a physical version but keep in mind that a $3 fee is deducted from the card balance. The physical card delivery may take two to three weeks so you need to be keep in mind that it takes time.
4. United MileagePlus Miles
Frequent travelers can skip the cash reward payment method and ought to exchange their MyPoints rewards for United MileagePlus award miles. Once you have enough available points, you can select this option from the Rewards section and this is the fastest payment method option because MyPoints states that redeemed miles are usually added directly to the member’s MileagePlus account in just 48 hours.
MyPoints Alternatives & Similar Sites:
Step by step on how to Redeem MyPoints Rewards
- Log in to your account dashboard and open the Rewards page.
- Review the MyPoints cash-out options that are available
- Choose your preferred reward and select the denomination you want.
- Lastly, you may need to log in again before selecting Get Rewarded.
Important note, only available points can be redeemed which means pending points cannot be used yet.
Final Thoughts
After going through the mention MyPoints different payment method it obvious that the best totally depends on your needs and perfrances. Since they all off different reward such as PayPal offers flexible cash,then gift cards are helpful for planned purchases, while the Mastercard option provides wider spending choices, and MileagePlus miles may benefit travellers.
Therefore, when redeeming try to compare the points required, delivery time and reward conditions to check what suits you the best. Since availability can change, check your Rewards page for the latest MyPoints Payment Options before making a final selection.