Octopus Group Australia – (Scam) Or Best Australian Surveys?
Hi! Welcome To Our Octopus Group Review
Octopus Group Australia is a survey website that seems to be making too much wave lately as Australia’s best survey rewarding site.
So we decided to take a good look at this survey site to discover what makes it thick and if it truly lives up to its claim or just another regular survey site or even a scam only out to take advantage of you.
I am glad you decided to research it before committing your time and effort, it is the best way to avoid scams online and discover legit ways to earn money from home.
Be rest assured that you will have all your questions answered in this detailed Octopus Group surveys review to help you make an informed decision.
>>>We will cover the following in details…
>>>What Is Octopus Group surveys
>>>How Does Octopus Group Work
>>>Ways To Make Money With Octopus Group
>>>Octopus Group Surveys Complaint
>>>Pros & Cons.
>>>And Our Final Thoughts
Product At A Glance
Name: Octopus Group
Owner: Octopus Group Enterprise
What Is Octopus Group Surveys
Octopus Group is a survey panel that claims to reward you with up to 80% to 400% more cash for completing surveys with them than you would with any other survey panel even if you are completing the same survey.
I must say this is a very bold claim, one that is hardly made by survey panels, but we will see how true this is as we move along.
Octopus Group is owned and operated by Octopus Group Enterprise and is based and operated in Australia.
They claim they aim to revolutionise how the survey panel industry works by paying you higher incentives for the time and effort you put into answering surveys.
Which means when you complete a survey successfully and they get paid by the company, they will give you a higher percentage of the money while retaining a lower percentage.
This makes it possible for you to earn more than you would normally have earned completing the same survey in another panel.
They believe that you should be able to earn up to a minimum wage at least for your time spent completing these surveys.
Which is why they have a fixed price for every minute you spend completing surveys.
They pay by the hourly rate of $16.80 per hour, which equals about $0.28 per minute.
This means that you do have a fixed price of how much can earn for every minute you spend completing surveys.
For example, a survey that takes you 15 minutes to complete will pay you $0.28 * 15 = $4.20.
Well, that is quite generous of them I must say, it is usually the other way around with most survey sites, as they will have you spend countless hours only to pay you pennies.
How Does Octopus Group Work
Octopus Group works in four simple ways as detailed below…
Join Octopus Group
To start completing activities with Octopus Group you will need to sign up with them by providing your phone number and email, then you solve the captcha and agree to their terms and conditions.
They will send you an authentication code through SMS which you will need to enter into the space provided to verify that you are the owner of that number.
You will also be asked some basic questions for them to get to know you better and also be able to send you surveys that you are a match to.
Receive notifications to complete surveys
Once you have finalised your registration, you will start receiving notifications for available surveys
Give Your Opinion
When you receive survey invites, it is up to you to decide which one’s you want to complete.
For the one’s you successfully complete, the amount stated will be paid into your Octopus Group account.
Collect Cash For Opinion
Octopus Group is a cash-based system which makes it great, you won’t have to worry about points or how to convert them to know exactly how much you are making.
They reward you with cash for every survey you take.
The amount will keep accumulating in your account until you reach the minimum payment threshold of $20 before you can request for payment.
You can claim your money through Bacs or you can choose to go with different types of gift cards available to you.
For gift cards, they are redeemable within minutes via your email
While it will take about 30 days for your cash to be processed after you’ve made your request.
This is where I would say I prefer Prolific to Octopus Group, even though Prolific only pays you on an hourly rate of $6.50 compared to Octopus Group $16.80 (which is a staggering difference)
But With Prolific you only need to have a minimum of $5 in your account to make a withdrawal and not just that, you get paid on every Tuesdays and Fridays and the money gets into your account in less than 24 hours after the request.
So why wait for 30 days if I could cash out every single week. My thoughts though.
Note that you will need to do a phone verification before your money can be approved.
Octopus Group App
To make things easier, Octopus Group has an app that you can download on your mobile from the App Store or Google Play.
With this, you can complete surveys on the go with the chance of making more money with surveys.
You will always receive notifications on the app as long as you keep it running in the background on your phone.
Ways To Make Money With Octopus Group
Octopus Group will pay you to give your opinion and feedback to research companies that they are partnered with.
Taking surveys is the major way you get to make money on this platform.
Each survey will state how much you will make and how long it will take to complete each survey.
For example, a survey may take 15 minutes to complete and will pay you $4.20
Have in mind that this is the amount the survey will pay you for 15 minutes worth of survey, that doesn’t mean that you may not spend more than that time to complete the survey.
Secondly, you will first need to answer pre-qualification questions which will take you some extra minutes that are not added to the time of the survey.
This is why taking surveys can be very frustrating because you can spend all that time answering qualification questions only to not qualify for the said survey.
It even gets worse when you qualify but halfway through the survey you still get thrown out as they claim to have reached the quota needed.
The good news is that for every one of these surveys you attempt but do not qualify for, Octopus Group will reward you with at least $0.05.
Octopus Group also has a very lucrative friend referral scheme that allows you to invite others using your unique link to get paid.
You are looking at up to $20 for each friend you invite.
Once you invite someone and he or she signs up, Octopus Group will pay you $1, and for every survey, that person completes up to.the 19th survey, you will receive a dollar for each one.
Which means you can make up to $19 plus the $1 when they signup, that gives you $20 for every friend who signs up through you.
If you are good with advertising and socialising, this could be a very good way for you to make more money.
You can also get to make money by answering polling questions.
Every submission will earn you an entry into their monthly prize drawn with a chance to win $5.
5 members who had answered the polls will be selected at random to win this $5 each.
Octopus Group Complaint
We are happy to say there isn’t much complaint to this survey panel, aside from the usual one’s you get with all regular survey sites
>>>Like not qualifying for most surveys
>>>Being screened out in the middle or close to the end of a survey, which means all time and effort wasted
>>>Not receiving enough surveys notification ( this usually depends on your demographics)
>>>And finally a high payment threshold.
These are the same complaints you have with every regular survey sites so it is not just associated with Octopus Group.
How To Delete Octopus Group Account
If for any reason you try Octopus Group and do not want to continue with them, you can click on the unsubscribe button on the member site and follow the instruction.
They claim it will take about 5 days to process your request. So you should ignore any notification you will receive within that period.
Octopus Group is free to join but only open to residents of Australia and New Zealand.
- Legit system
- Pays very well
- Lucrative refferal scheme
- You can make some money
- Just the regular ones associated with most survey sites
- And the high payment threshold.
Is Octopus Group Australia a scam?
No, it is not a scam but a legit system that will pay you for completing surveys.
Given the amount they pay members for completing these surveys, they are sure the highest paying survey site in Australia and one to give a try if you love taking surveys.
You just need to understand that you won’t get rich by completing surveys and the process can sometimes be very frustrating and time-consuming.
Taking surveys can sure help us to earn some few cents, but the only discouraging thing with Octopus Group aside how time-consuming taking surveys can be is that its payment threshold is quite high.
And then you will still have to wait another 30 days before you can lay hold of your money.
This makes the whole taking survey things very discouraging.
It is even worse if you are trying to do this to supplement your income or take care of your family.
The good news is that there is a better way you can use this time and effort to earn better to meet your financial needs.
And you can do this through Wealthy Affiliate, A program that can help you start earning $100s to $1,000s per month through affiliate marketing.
You can even get started for free too (No Credit Card Details Required)
This will allow you to test drive the system and see how it works to help you achieve your financial dreams.
Well, there you have it, hope you found this review of Octopus Group Australia surveys helpful.
Kindly share to help others.
If you have any questions or experience with Octopus Group that you would like to share with us, please leave them in the comment section below and we will gladly get back to you soonest.