After several years of testing lots of survey sites and selecting the ten best sites to make $1,000/month I began to experiment with making passive income through referrals.
Some things I learned were that most survey sites referral payments are low. These sites paid a flat $1-$5 one time payment and required as many as 50 referrals before getting paid. Not many people get 50 referrals so I considered those sites a waste of time.
Other sites just didn’t seem to credit referrals when I knew of several people that had signed up using my referral links. I dropped these survey sites for generating referrals since they were dishonest.
What I was left with were three survey sites that generate passive income but no upfront payments. To be honest I would rather get residual income than a one time upfront payment. This way I get paid for every survey that my referral takes for the life of their account.
Here are the three survey sites that I have been very satisfied with their referral programs:
1. Cash Crate – This survey site not only pays you for every survey your referral takes but also pays you if your referral gets referrals. This is called second level referrals and it’s a great way to have your referrals make you even more money.
2. Treasure Trooper – Again this is the same type of two level program as Cash Crate uses and they have lots of free and paid surveys to take daily.
3. Survey Savvy – Although this survey sites only pays you for your referrals surveys taken the residual income is higher than the other two survey sites.
If you have a website or could send out emails to your friends with your referral link you could generate a nice passive income from these survey sites.