Thanks for checking out my Spare5 review.
Spare5 is an online platform designed to pay its members for carrying out various small tasks via the the site.
I have reviewed a number of other similar small task sites to Spare5 including one called Remotasks, if you want to check that out as well whilst you’re here.
In my review today I will be finding out what you need to know about the Spare5 platform, including how much you are likely to earn, to help you decide if it’s worth checking out for yourself.
First however let’s find out a bit more about Spare5.
What Is Spare5?
Spare5 is a free web and mobile app that pays you to do simple game-like tasks online.
As much as computers and machines are artificially intelligent, they cannot provide human insights into audio, video and image files.
This is where the Spare5 app comes into play.
The app offers you the chance to derive the meaning of various multimedia files by performing micro tasks such as, classifying text, rating data sets, writing captions for images, interpreting audio files and generating keywords that describe various photos, among many other simple tasks.
Getting Started with Spare5
The Spare5 app is available in over 100 countries and registration is 100% free. The signing up process is straightforward, and it only requires you to fill your name and email address.
Alternatively, you may sign up using Facebook, Google or Linkedln.
You have to download the Spare5 app on your Android or iOS device to perform tasks. You can also access the service through their web-based platform, in case you do not have a compatible device.
How Spare5 Works
Spare5 acts as an intermediary between big companies and online users who are willing to provide feedback on various products.
After receiving tasks from companies, Spare5 will compare your demographics and send you invitations to perform tasks that match your profile.
The six different categories of tasks that Spare5 offers include:
This involves creating image tags, generating keywords, drawing bounding boxes and segmentation
Categorisation entails finding similar and mismatching captions and images
• Phone survey
Phone surveys involve conducting phone interviews with customers who are willing to provide insights about various aspects of multimedia
This involves doing simple web searches to gather information about digital products
These tasks require you to write short descriptions and captions attached to various images
You are required to evaluate various products and give your feedback about how good or bad they are
You have to go through simple pre-screening tests to become eligible for any of the paid tasks.
This is essential since it examines your ability to perform a particular job. Before you handle any offer, make sure you follow all instructions to satisfy the requirements given.
Spare5 will only pay you after validating your submission. You will also earn XP (experience) points according to your skills and the number of tasks you complete successfully.
Therefore, the more jobs you complete sufficiently, the more chances you will get for future assignments.
How Much Can I Earn with Spare5?
The tasks available on this platform are short and simple. This might be the reason for the low pay per task. Most of these tasks pay between $0.01 and $0.20. Occasionally, you may find a job that pays you up to $0.50. However, the amount you can earn on this platform is largely determined by both your location and your demographic.
If you’re from the U.S or other English speaking country then chances are your earning potential will be more. This is often the case with many similar sites to this one.
Spare5 also has a referral program that pays you $2 for every $10 that your referrals make. However, the program has a limit to the maximum amount you can make from your referrals, which stands at $20.
Although Spare5 may not have the best referral program, there are thousands of other referral programs that you can refer people to, and that will enable you to earn a passive income.
Getting Paid By Spare5
Spare5 pays every Friday by 5 PM Pacific Time. You have to meet the minimum payout requirement of $1.00 to cash out. You must also have a verified PayPal account to receive payment.
What Are The Pros Of Spare5?
• Free registration
• Legitimate app that pays promptly
• Open to international members
• Weekly PayPal payments
• Low minimum payout requirement of $1.00 only
• Refer-A-Friend program for extra cash
• Earnings increase, according to XP (experience) points
What Are The Cons Of Spare5?
• Low-income potential
• Some tasks can be tedious
• Pays through PayPal only
• The maximum you can earn from referrals is $20
• You must complete unpaid pre-screening tests to qualify for various tasks
Final Thoughts On Spare5
There is no doubt that Spare5 is a legit app. However, the main problem with apps like this one is that it has a very low-income potential.
The tasks might be interesting to do, but there are just not enough tasks to earn a substantial amount of money. Additionally, the fact that you have to do pre-screening tests to qualify for various jobs will be off putting for some.
Nevertheless, Spare5 makes up for these shortcomings by offering a low minimum pay out requirement of just $1.00
If you want to make some quick cash during your spare time and cash out at any time, then you may want to consider joining Spare5.
Star Rating 2/5-A legit platform with some interesting tasks. However the earning potential is, like other similar small tasks sites, very limited.
Thanks for reading our Spare5 Review, I hope it helps you to make a more informed decision as to whether it is worth your time.
Drop a comment below if you have experience using this platform, and if you would like to share your experience, whether good or bad.
My Top Recommendation For Those Who Want To Aim Higher
Trying To Make a reasonable amount of money can become very frustrating, especially when the pay really doesn’t match the amount of effort you have put in.
If you want to take your online earning to a new level then you need to try a different strategy.
We recommend creating your own website and online business. It is very easy to get started and it is free.
A website opens up many opportunities to create multiple revenue streams and establish a long term sustainable business.