Got a junk email from Virgin enticing one to sign up to a mob called e-rewards.net where one does surveys in exchange for points.
Is it worth it one wonders?
So first the virgin points:-
You can buy virgin points:-
https://storefront.points.com/velocity-frequent-flyer/en-AU/buy
The smallest package is 1000 points for $36. =>
ie $0.036/point.
e-rewards:-
e-rewards are offering 850 points as a sign up enticement. At 3.6c/point this is worth a whopping $30.60.
Now the next thing is e-rewards "pay" you in their own opinion points that have to be converted to virgin points.
1200 opinion points gets you 250 Virgin points.
1 opinion point is worth 250virgin points * 3.6c/virgin point / 1200 opinion points = 0.75c (note $0.0075).
ie less than 1c/opinion point.
e-rewards tell me a survey that is estimated to take 20 minutes will net me 300 opinion points.
300x$0.0075 = $2.25.
Now 20 minutes is 1/3 of an hour so I am being paid $6.75 / hr.
Hmm
The conclusion is "RIP OFF" and aren't you Virgin just a tad embarrassed to be promoting this sort of thing?
(or is my maths wrong?)
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