Swagbucks, the popular online rewards site has a new card with a sign-up bonus and you know we are always looking for those over $50. If you aren’t familiar with how Swagbucks work you can read about it here.
You’ll receive 1,000 Swag Bucks points just for using your card within the first 3 billing cycles after your account is opened, which is good for a $10 gift card to a variety of merchants including Whole Foods and Amazon. You can then earn 2,500 points when you spend $1,000 within the first 6 billing cycles after account opening, which is redeemable for another $25 worth of gift cards.
This new rewards card also offers 1.25 Swag Bucks points per $1 on all of your purchases. So after you meet all the minimum spending of $1,000, you get a total of 4,750 points from bonuses and spending. This gives you enough for 10 Amazon cards at $5 each totaling $50. You would have 250 remaining Swag Bucks leftover.
$1,000 minimum spending requirement = 4,750 or more Swag Bucks points
The Bucks add up to a $50 Gift Card and points left over:
1,000 first purchase bonus points
2,500 bonus points after $1,000 in purchases
1,250 points from the actual $1,000 in purchases (1.25x points per $1).