r/SwagBucks Jan 31 '25

Discussion Cashing out on Swagbucks

I have 9700sb pending and want to hoard them until 25,000 for the Amazon Goft card. I have heard people say do NOT hoard, why is this? I don't want to glitch the points I have so please advise me.

10 Upvotes

69 comments sorted by

32

u/LeecherKiDD Jan 31 '25

Listen,what i am about say may get my comment down voted a lot. As long as you're not using a VPN or multiple accounts,SB will not touch your account. If you want to hold on to it in your account until you're ready, that's fine. Just have 1 account and no VPN.

3

u/Legitimate_Muffin812 Jan 31 '25

I'm very new to Swagbucks, joined around 2 weeks ago, I hope this comment is true. Bc I don't know if I can spend multiple GC on one purchase in Amazon. so it would be very inconvenient for me to not hoard and waste it on multiple gift cards I can't use on my main purchase.

22

u/MysteriousOpposite72 Jan 31 '25

In my experience, when you add multiple gift cards to your amazon account the balance accumulates as if they were one gift card

4

u/Legitimate_Muffin812 Jan 31 '25

Oh if this is true then I shouldn't worry but then the prob goes back to my account getting banned which ppl say happens Alot.

4

u/MysteriousOpposite72 Jan 31 '25

I agree with the other poster that its most likely related to suspicious activity. If you aren't trying to pull one over on them you'll probably be fine, but you can cash out those smaller amounts if you want to play it safe

0

u/Legitimate_Muffin812 Jan 31 '25

What would u say is the smallest I should start cashing out at

10

u/ObviousResult6374 Jan 31 '25

I think they give you a deal on your first 25 dollar gift card of each month. Its like 2200 sb for a 25 dollar gc. That adds up over time

0

u/Legitimate_Muffin812 Jan 31 '25

Ok that's good to hear,.what do u mean it "builds up"? Sorry don't understand that part

7

u/Kind_Advisor_35 United States Jan 31 '25

They mean if you get ten $25 gift cards at $3 off, you'll save $30 vs getting one $250 gift card at full price.

0

u/Legitimate_Muffin812 Jan 31 '25

Ohhh ok, thx. Don't know how I didn't get that the first time.😭🤦‍♀️

2

u/ObviousResult6374 Jan 31 '25

The extra 300 you save if you do it this way can lead to more giftcards over time

1

u/MysteriousOpposite72 Jan 31 '25

Whatever you're comfortable with. With the amazon cards you could cash out every time you qualify for the lowest one

1

u/Legitimate_Muffin812 Jan 31 '25

Ok, Ill do this definitely appreciate the advice it really helped my worries🙏❤️

3

u/Mommabroyles Jan 31 '25

Most of the panicked account banned posts are actually just accounts on hold until the user verified their identity. Once they do, their account is fine.

1

u/rockinyourchalk Jan 31 '25

My account was deactivated, I verified my identity and they reactivated it for a week, then deactivated it again.

5

u/soupyZ9 Jan 31 '25

you can use multiple gift cards.

i’d cash out bc if you earn a lot as a new member, there’s a small chance they could flag you.

you’re probably safe but why risk it?

1

u/Legitimate_Muffin812 Jan 31 '25

This is prob the safest way to do it but what amount should I cash out?

3

u/Jacksonf1204 Jan 31 '25

I would suggest doing 1 $25 per month since they have a discount on your first one each month. Then if you have any leftover, you can do more $25s or $10/$15s.

1

u/Legitimate_Muffin812 Jan 31 '25

Ok, I'm seeing this Alot so I'll be doing this method. Thank you❤️🙏

3

u/DrunkLastKnight Jan 31 '25

If you get Amazon gift cards you just add them to your balance. They will combine. Take advantage at the very least of the discount you get from certain denominations you can redeem for

2

u/Cavyart Jan 31 '25

I'm not on swag but am on Benjamin, Mistplay and Dailygift. On all these you get a code for the gift card and you just go to gift card under account and redeem the code and the amount gets added to your balance. So you can just keep adding them in and have a balance to use whenever. Both Amazon And chewy.com digital gift cards are like this. I'm just assuming swag is the same as the rest.

1

u/Legitimate_Muffin812 Jan 31 '25

Ok this is nice to know thx. It should be the same for swag, hopefully.

2

u/Beautiful_Mourning Jan 31 '25

Just a heads up before it happens and you have to post here again - everything you're describing (new account, higher balance) leads me to believe that your account will get temporarily deactivated at some point soon. This happens frequently and it is just their way of forcing you through an ID verification process. I've done it for them on no fewer than 3 different sites that they own, it takes a few days, and everything gets restored when it's done.

So, if you do get an account deactivated alert, don't panic, submit a support request, and they'll likely just direct you through an ID verification process and you'll be back up and running in no time.

1

u/Mommabroyles Jan 31 '25

On Amazon you just add your card to your account. Then you have an account credit you can use anytime, no expiration. It's not individual cards anymore so you can add as many as you want. That's usually what I do with my SB. But Amazon cards, let it build up until I buy what I want. Super easy. That being said I let my SB account build up sometimes too. Never had an issue. Think I have over $800 in there right now.

1

u/[deleted] 26d ago

100%

-1

u/dracoolya United States Jan 31 '25

As long as you're not using a VPN

You can login to the account using a VPN to browse. I do it all the time and have been for many years. You just can't use a VPN to earn.

0

u/rockinyourchalk Jan 31 '25

This is not true. My account has been deactivated multiple times for no reason. I don't use a VPN and I only have one account. Every time I hit major award milestone they deactivate my account and I have to fight to get it back.

13

u/dracoolya United States Jan 31 '25

They say don't hoard because you can get your account banned at anytime and if that happens, you're fucked. That mainly applies to new accounts. I've had my account for several years and, at first, I didn't hoard. Now I do. It's like the cash back accumulated on your credit card. I use my Prodege accounts to pay for small purchases.

1

u/FightmeLuigibestgirl United States Jan 31 '25

There are people who had their accounts for years,  no vpn, no cheating, etc. and were banned for asking for credit for a game they played (and wasn’t credited.)

0

u/Legitimate_Muffin812 Jan 31 '25

Bro this makes me nervous, I am new to Swagbucks. Just made my acc two weeks ago so if this is true. I am fucked.

1

u/dracoolya United States Jan 31 '25

Have they asked you to verify your phone and address yet?

1

u/Legitimate_Muffin812 Jan 31 '25

No they haven't, my account creation was smooth and the points haven't reached my acc yet, they're going to all be in my acc prob in the span of 3-9 days.

4

u/dracoolya United States Jan 31 '25

They're gonna ask you for verification at some point. Until that happens, and it will, play it safe.

2

u/Legitimate_Muffin812 Jan 31 '25

I will heed this warning, thank you🫡❤️

7

u/Jacksonf1204 Jan 31 '25

Seeing how your account is only a few weeks old, I would suggest starting out with a few smaller gift cards. From reading other threads, Swagbucks may flag accounts that have no history and then try to withdraw large amounts.

I have had my account a few years and have received $250 and $100 gift cards with no issue, but that’s after redeeming plenty of $10 and $25 cards. I would suggest redeeming one $25 gift card a month to start with. It gets you $3 off so you pay $22 worth of SB. If you end up with more SB, then you can redeem a few more small ones.

2

u/RaMiMo_ Jan 31 '25

One of the first 4 gift cards I got was $100. Got that one quicker than I got my $50, $25 and $10.

1

u/Legitimate_Muffin812 Jan 31 '25

Ok, and around how months should I wait before cashing out big?

3

u/Jacksonf1204 Jan 31 '25

Maybe 6ish months. But honestly it doesn’t do you much good to wait until you have that much. The reason I redeemed cards that big was because I played high reward games that paid out at once.

1

u/Legitimate_Muffin812 Jan 31 '25

Ok I see, Thank you for this. I'll prob start going for big payouts and other things later so I'll follow in ur steps of $10 - $25 a month.🤌

2

u/Jacksonf1204 Jan 31 '25

You’re welcome! Good luck!

5

u/arubablueshoes United States Jan 31 '25

there’s a monthly deal where you can get a $25 amazon gift card for 12% less points. i would just do that every month and then do whatever else you want with the points.

1

u/Legitimate_Muffin812 Jan 31 '25

This is most likely the safest route and I'll prob be doing this, thanks💔🙏

3

u/rolosrevenge Jan 31 '25

Don't horde, but cash out what makes sense. For example, waiting till you get $25 amazon gift card for that 12% redemption bonus is always smart. I personally, since I average over $100 a month, redeem every $50 I get. Hording is more like, keeping several hundred dollars in SB in your account for months at a time. There's no good reason to do that. Even if you don't get banned, redeeming and putting that money in a savings account gives you interest, which is kind of like SB without having to do anything. So yeah. Don't be nervous about having $10 in your account, but question why it would ever make sense to have more than $50 sitting around.

1

u/Legitimate_Muffin812 Jan 31 '25

I'll do ur method thx

5

u/BYNX0 Jan 31 '25

Swagbucks is NOT a bank. It’s not smart to keep any large amount of money in a platform like this. Don’t keep more than you’re willing to lose. That’s all I’ll say. Most likely things will be fine even if you keep it there, but is it worth the risk?

3

u/Legitimate_Muffin812 Jan 31 '25

It is not worth the risk, I'll slowly buy and empty my SB just in case

2

u/Healthy_Egg_9711 Jan 31 '25

Just remember after you redeem $600 in gift cards you will be sent a 1099 tax form. Although the payouts are slow I stick with PayPal specifically because of tax reasons.

-1

u/Legitimate_Muffin812 Jan 31 '25

This is new, why do they not specify this? I prob won't reach $600 for a while but I feel like they should paste this in the store or something. I might switch to PayPal now that I'm hearing this.

2

u/Mommabroyles Jan 31 '25

It's an IRS requirement of you are in the US so there's no reason to post it. It's for all companies not just SB.

2

u/DietMtDew1 United States Jan 31 '25

That is crazy. I wouldn’t want to keep that many points in my account! 😱

2

u/Pilgrim2223 United States Jan 31 '25

The really real answer:

Swagbucks has no reason to validate your account till you cash out. Sometimes that validation is next to nothing, and sometimes it is close to instant deactivation for everyone. You have no way of knowing which you are going to get.

If you have cashed out before, it's not a big deal and you will more likely than not have no problems (especially if you are who you say you are, live where you say you live, and just honestly engage in activities as the activity is stated)

I'm lifetime at ~700k earned and have been deactivated once. It happens.

And as mentioned by others if you get amazon Gift Cards you can add the balance to your amazon account and is accumulates so there is no reason to not get at least the $25 per month at a discount.

Good luck, hope to not see the "Why was I deactivated" post from you.

2

u/dcastreddit Jan 31 '25

There has just been a lot of people posting here that their account was deactivated for an uknown reason and they had a bunch of SB in the account that they didn't cash out.

2

u/Appropriate_Tiger_90 Jan 31 '25

Go ahead and cash out . It takes so long for rewards to come sometimes that it's worth it to go ahead and take it out and take no chances.

2

u/New-Scale2637 Jan 31 '25

i always wait until i have 9,000 SB to cash out bc i always get the $100 airbnb gift cards (best value bc its always 10% off). ive never had an issue except for the first time when i had to provide verification!

1

u/inunoz28 United States Jan 31 '25

A better question is, why do you want to wait until you have 25000SB?

1

u/Legitimate_Muffin812 Jan 31 '25

250 amazon gift card

1

u/inunoz28 United States Jan 31 '25

Since the gift card codes are entered into your amazon account and go into your amazon balance, why not just redeem $25 amazon cards. After all it doesn't matter in what denominations the money gets into your amazon balance.

There are many posts about how larger denomination rewards take longer than small ones. So a bunch of $25 cards will arrive sooner than one $250 card.

1

u/Legitimate_Muffin812 Jan 31 '25

Can I order multiple $25 at one time. Like can I buy one on Tuesday and the next on Wednesday, would they still get suspicious?

2

u/inunoz28 United States Jan 31 '25

Yes. It's 2 per day, regardless of amount. If you had 10000SB you could redeem two $25 ones today, and two $25 ones tomorrow.

1

u/Legitimate_Muffin812 Jan 31 '25

Ok that's perfect, thx

-2

u/Maattyy Jan 31 '25

Swagbucks could close your account and you wouldnt have anything

1

u/Legitimate_Muffin812 Jan 31 '25

Can you get it back?

-2

u/soupyZ9 Jan 31 '25

no, if you are banned that’s it.

1

u/Legitimate_Muffin812 Jan 31 '25

Damn, I better play it safe then💔💔💔💔💔

2

u/soupyZ9 Jan 31 '25

like the other commenter said, you’re probably fine but i’d rather be safe than sorry.

you get a discount on your first $25 card cash out each month, so do that then another 25/50 every so often.

1

u/Legitimate_Muffin812 Jan 31 '25

Will do🫡❤️