How to Withdraw and Deposit Money from Swag Bucks

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About Swag Bucks

Swag Bucks is a popular web loyalty and consumer rewards program that pays you cash and free gift cards for your everyday online activities. Here, you have the opportunity to earn SB (Swag Bucks) points through various activities like searching the web, watching videos, completing online surveys, cashback shopping, daily polls, answering trivia, scanning barcodes, and many more.

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One hundred SB points are worth 1 dollar. You can redeem your earned points for gift cards for your favourite retailers like Amazon, Swag Bucks, PayPal, Walmart or Starbucks. You can also get cashback with Swag Bucks on PayPal.

Every day, plenty of members use Swag Bucks to earn additional money. Over the last two decades, members of Swag Bucks have earned more than 400 million dollars as cash rewards and in free gift cards.

You can earn an extra fifty dollars to a few hundred dollars in a year as additional money. You can also set a goal of earning 1 to 2 dollars a day and make extra money with minimal effort. Also, know Best Websites Like Swag Bucks For You To Play And Earn Money.

How can you withdraw your money from Swag Bucks?

In order to cash out your SB rewards or earned points from Swag Bucks, you need to go through these simple steps:

Step 1: Click on your profile image in the top right corner of your desktop screen.

Step 2: Next, click on ‘Redeem Your SB’.

Step 3: Select the rewards you want to redeem. The reward options are ‘Most Popular Rewards’ and ‘Gift Cards You Can Afford Now’. Click on the one that you want to redeem.

Step 4: On the next page, click on ‘Claim a Gift Card’.

Step 5: Now, you have to confirm your account information, such as your home or email address, and verify your order by answering a security question received on your registered email.

Your SB rewards will be processed electronically.

If you choose the Swag Bucks PayPal Cash option on Step 3, you need a PayPal account. If you don’t, you can sign up for a free account at PayPal.com. Also, you have to make sure that you use the email ID linked with your Swag Bucks account. Once your account is created at PayPal, you will receive an email from PayPal to claim your funds.

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How to make deposits on Swag Bucks

On Swag Bucks, credit card or debit card usage is not valid since there is no option to make deposits. As it is a consumer reward program, you get cash rewards as Swag Bucks or SB points for doing various tasks. Thus, there is no need to deposit funds on Swag Bucks. Instead, you can spend more time completing different tasks and reward yourself with SB points.

What are the withdrawal methods at Swag Bucks?

Once you have decided to claim your SB points, you may start thinking of the swagbucks minimum withdrawal methods available at Swag Bucks. The most popular how to withdraw cash from swagbucks method or payout options used by the members of Swag Bucks are PayPal Cash and Amazon gift cards.

We have discussed how you can claim an Amazon gift card earlier in this article. But, if you decide to claim your reward as cash, you need to select the Swag Bucks PayPal Cash option. For approving this Swag Bucks payout, make sure to have a PayPal account. Moreover, Learn Top Swag Bucks Hacks For You To Play And Earn Money.

Terms and conditions for withdrawing money from Swag Bucks

swagbucks withdraw option is generally in the form of Amazon Gift cards or PayPal Cash. While doing any of this, there are certain terms and conditions applicable. Some of them are as follows:

  • For withdrawing SB points for PayPal Cash, you must have a valid and verified Swag Bucks PayPal account.
  • To become eligible for the rewards program, you need to submit and verify your identity, including your State ID Card, photocopy of your Driving Licence, or other proof.
  • If your account has been inactive for more than a year, you cannot withdraw or redeem your earned points.
  • Rewards Program points are non-transferable and may not be sold or exchanged. Thus, those reward points are deemed void if a transfer is attempted.

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How to do bank account verification on Swag Bucks?

Bank account verification is not of much relevance on Swag Bucks. But you need to have a verified bank account linked with your PayPal account in order to transfer your funds from your PayPal account to your bank account.

The Swag Bucks PayPal Cash is deposited in your PayPal account. If you want to transfer your funds to your bank account, then bank account verification is mandatory for the bank account linked to your PayPal account.

How to do PAN card verification on Swag Bucks

Swag Bucks does not have a PAN verification process. But, the PAN Card verification is required while you create a PayPal account required for redeeming Swag Bucks PayPal Cash.

Withdrawal time on Swag Bucks

When you redeem your earned points on Swag Bucks, it takes no time to begin the amount processing. Thus, the withdrawal time on Swag Bucks is minimal.

Withdrawal fees of Swag Bucks

There are no withdrawal or rewards redeemable fees on Swag Bucks. The Swag Bucks app offers you a 30-day free trial. But after a month, a fee of $3 will be charged by the app.

What is the daily withdrawal limit on Swag Bucks?

Swag Bucks doesn’t have a minimum swagbucks withdraw option amount. In Swag Bucks, you can redeem 2200 SB points for any 25 dollar gift card, including an Amazon gift card. With this deal, you get an extra 11 per cent value from Swag Bucks as a bonus. Thus, you can cash out 264 dollars per year with this bonus redemption value.

There is also a daily swagbucks minimum withdrawal limit on Swag Bucks, such that there is a limit of two prize redemptions per day.

Why do withdrawal requests get cancelled on Swag Bucks?

Withdrawal requests on Swag Bucks may get cancelled due to the following reasons:

  • PayPal account not linked with Swag Bucks.
  • PayPal account name does not match your Swag Bucks account name.
  • Mismatch of your Swag Bucks email address and your PayPal account email address.
  • PayPal account not linked, confirmed or verified by a bank account.

When will the withdrawal be processed?

Swag Bucks lets you enjoy the experience of redeeming your rewards. You can redeem your Swag Bucks reward points as soon as your earned points are reflected in your Swag Bucks account.

The processing time is a bit longer, and it takes up to 10 working days to process your withdrawal.

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How to cancel the withdrawal request on Swag Bucks?

After you have redeemed your SB points, there will be no option for the cancellation, reversal, or refund of your reward points. In other words, once you have placed an order for a reward, you cannot cancel the reward or return the reward for a refund of points.

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FAQs

Question Answer
What is Swag Bucks? Swag Bucks is a reward program where you can earn extra money by doing various simple online tasks.
What are the withdrawal options in Swag Bucks? Your rewards points are SB points which you can redeem via gift cards, PayPal Cash, donations, charity and many more.
I don’t have a PayPal account, and I have earned 500 SB. How can I redeem it? You can redeem your SB points as gift cards like Amazon gift cards since you don’t have a PayPal account. But, if you want to redeem as cash, you have to avail of Swag Bucks PayPal Cash, and for that, a PayPal account is a must.
How many dollars is equivalent to 1000 SB points? At Swag Bucks, 100 SB points are equivalent to $1. See the table below to get some more clarification about the SB conversion to dollars.
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About The  
Author

Rohan Mathawan
Rohan Mathawan

This article is authored by Rohan Mathawan, who is presently working as the Vice President of Media Sales and Operations at Techstory Media. Rohan started his career as an online gaming and technology content writer and has written more than 5000+ articles for reputed brands and companies like Techstory Media, MarketingCrap, and a few other ad agencies in the last 4 years. Rohan loves to read about online gaming during his pastime. His passion to create content about online gaming drive him to dive deep into the research of the topic and the result is a highly relevant and captivating piece of content that is appreciated by his readers.

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