Is Spare5 a Scam? Read My Latest Review Here!
Update: 12th of September 2018
I have just created an updated Spare5 video review for you and published it on YouTube.
I recommend watching until the end of the video because I show you my #1 recommended way to make money online as well.
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“Earn money for free! Just complete simple tasks and you’ll get paid.” That’s a mantra of get-paid-to sites and Spare5 is drumming the same message. If you are looking for an honest Spare5 review, you have come to the right place.
In this review, I will answer questions like, “Is Spare5 a scam? How much money can I earn? Is the website worth it? Are there better ways to earn money online?
I recommend spending the next 2 minutes with me when I show you how this opportunity works. Let’s go!
Type: GPT Site. Accomplish Micro Tasks to Earn Pocket Money.
Short Review: Spare5 is a legitimate website that pays their members honestly. The drawback is that it’s hard to earn money through their website because the rewards are so small. In my opinion, it’s not worth it to spend time on sites like this one unless your passion is to complete some mindless tasks (Just kidding! 😉 )
If you are looking for better ways to earn money online, I highly recommend checking out My #1 Recommendation. Now I can honestly say that website has changed my life. It didn’t make me rich overnight or anything like that but is has taught me to make a living on the Internet. Now I have a freedom to live basically anywhere I want in the world while making money online. It’s completely possible for you as well.
What Is Spare5?
Spare5 looks like a typical Get-Paid-To (GTP) site that pays you for accomplishing mini tasks. You can use their app on your desktop or on your Apple device. However, it’s not so typical GPT-site because they have a little different task than other sites.
Usually, you get paid for watching videos, answering surveys downloading games, etc. but on Spare5 you get paid for helping computers to understand pictures or providing keywords about some images.
The company isn’t so old like some big GPT sites including ClixSense, PrizeRebel, etc. Still, Spare5 has done good job and the popularity has been rising rapidly during the last year (as you can see in the picture below).
I believe you are very interested in how to earn money with Spare5. Let me show you the process and give a few ideas about the earning potential.
How to Make Money with Spare5?
First, you need to sign up which takes only around 5 seconds. You get inside immediately by using your Google, Facebook, LinkedIn or email account.
Following picture explains in a nutshell how Spare5 works.
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So, basically there are 4 steps to get paid through Spare5:
- Sign up
- Wait for tasks
- Accomplish tasks
- Cash out (they pay each Friday if you have reached the minimum threshold)
After signing up you get an opportunity to earn a couple of cents right away by filling out your profile ($0,10 reward) and doing some introductory tasks ($0,01 reward for each).
Then you need to wait for real tasks to become available. If you have experience of GTP or survey sites you know that sometimes you need to wait for a long while before they give you new tasks. The time varies on Spare5.
The following picture explains what kind of tasks you will receive.
This may sound like a Hebrew at first. However, there’s nothing complicated with tasks in reality and even a little child could accomplish them.
For example, in “Provide Keywords” section you help companies to develop algorithms to learn what photo is about. You just need to give keywords like you can see in the image above. “Woman, Clouds, Dog, etc.”
On isolate elements section you are also helping computers to understand pictures better. Spare5 has created some tutorial videos where they explain the meaning of those tasks more in detail. Have a look at this short 33-second video. It gives you the idea of Segmentation on Spare5.
Doing this kind of tasks can be fun for a while but most people report it gets boring if you do it for a long time. Another aspect that makes it boring that you are only earning cents and nothing significant.
Spare5 Referral Program
Spare5 offers also a referral program that helps their committed users to earn money.
In order to participate referral program you first need to spend some time accomplishing tasks yourself so you get familiar with the platform and you know how it works. Then they’ll give you a personal referral link that you can share with your friends and followers.
When somebody joins through your link and cash outs $10 you’ll earn $2 and he’ll get a $1 bonus.
You can earn up to $20 for each referral. So, if someone earns $100 during the first 180 days, you’ll get 10 times a $2-bonus and you’ll friend gets 10 times a $1 bonus. So you’ll get extra $20 in total and your friend makes $10 extra in total. I hope this made it clear.
I don’t usually share referral links to GPT sites even though I know that I could earn money by doing so. I don’t use these sites actively myself because the earning potential is so low. That’s why I also recommend more profitable websites for you.
Getting Paid on Spare5
You can cash out the money easily through PayPal or you can give it to charity through their webstie. Minimum cashout limit on Spare5 is $5. It used to be $1 but now they have raised the bar (probably to reduce their work).
Spare5 pays weekly every Friday if you have reached the cashout limit. However, reaching even that $5 isn’t so easy on their website if there aren’t new tasks available.
Spare5 App – Available for Apple
Spare5 has also a mobile app that is available on Apple’s App Store. Many people have asked whether they have also Spare5 app for android but at least at the moment that doesn’t exist. The company said already a year ago that it’s on their priority list and should be coming out soon. The future will show if it appears…
Spare5 Reviews & Complaints
Many people who were looking for ways to make some extra cash online during the past years. They shared their opinions on the Internet and I took a look at them.
It seems that those people who are satisfied with earning only cents and pennies like Spare5. They don’t probably know about better ways to earn money online.
Then most people who just try Spare5 for a little while. They realize it isn’t worth the time and they move on.
The website itself works and the company is legitimate. However, as we can see also from those comments the earning potential just is very small.
Conclusion – Is Spare5 Worth It?
If you want to earn money, Spare5 isn’t worth it. People try to earn $5 per week through this website while I earn $30 in one hour on OneHourTranslation or sometimes $200 while I’m sleeping by following Wealthy Affiliate training and principles.
Trying to reach $5 cashout limit by completing their tasks just isn’t worth it. You could rather think it as a game than as a money-making opportunity.
For two years I have helped people like you to make money online on YourOnlineRevenue.com. I have reviewed more than 300 opportunities and my #1 recommendation is still Wealthy Affiliate. Their training really works and every day I see new people sharing their successes inside the community.
I want to remind that it’s not a get-rich-system. You need to put in the work to make money but the potential is great. I know several people who are making more than $10,000 each month. My persona goal is to reach that mark next year but now I am happy that the website has helped me to make a living on the Internet.
Would you like to learn as well?
What do you think about Spare5 and other GPT sites?
What are your favorite ways to earn money online?
Let me know in the comments below! 🙂
If you have any questions about making money online, I would be more than happy to help you out. Just leave a comment below and I’ll reply.
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