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Octopus Group Review - One of The Highest Paying Surveys, Really?

Octopus Group Review - Is It Legit? (Untold Details)

Joining survey sites can be a great way to make some extra money in your free time. But with so many survey sites out there, how do you know which ones are legitimate and worth your time? In this comprehensive review, we'll take an in-depth look at Octopus Group to see if it's a legit survey site that actually pays members as promised.

Octopus Group Sign Up

Octopus Group is an Australian-based paid survey site that launched in 2008. It claims to be one of the highest paying survey sites for people living in Australia and New Zealand. When you join Octopus Group, you can take online surveys in exchange for cash rewards. The site contacts members when they qualify for specific surveys based on their demographic profile.

Octopus Group says they'll pay a minimum of 28 cents per minute for the surveys you complete. You can redeem for cash and gift cards once you hit the $20 minimum payout threshold. This may seem like a high threshold, but with the potential to earn $1 to $10 per survey, you can reach it fairly quickly. Even if you don't qualify for a particular survey, Octopus Group will still pay you 20 cents for your time. Very few survey sites offer compensation for screenouts, so this is a nice perk and incentive to keep using the platform.

Payment Methods

Octopus Group doesn't use a points system. You earn cash rewards directly for the surveys you complete. When you reach the $20 minimum payout threshold, you have two options: Request a direct bank transfer to your Australian bank account or redeem for gift cards from popular brands like Woolworths, JB Hi-Fi, and Rebel Sport.

To withdraw to your bank account, you'll enter your account details in the redemptions section. Octopus Group will send a validation SMS to confirm your identity. For gift cards, you can browse the available options and denominations in your account. After ordering, you'll receive an email with an e-voucher code to redeem. Octopus Group only offers bank transfers and gift cards right now. PayPal payments are not supported at this time.

The payment methods, while limited, are fast, free, and convenient. Octopus Group aims to process cashouts within 3 to 5 business days. The gift cards are delivered electronically so you can start using them right away. While PayPal would be a nice option to have, the current payment methods work well and members report quick payments from Octopus Group.

Earning Potential

Members report earning $1 to $10 per survey on average, which is on the high end for paid survey sites. Of course, your earnings depend on how many surveys you qualify for and complete. Even if you don't qualify for a survey, Octopus Group will pay you 20 cents for your time. Very few survey sites offer compensation for screenouts, so this is a nice perk and incentive to keep using the platform.

You can also earn referral bonuses up to $20 per friend who signs up and completes surveys. Just share your unique referral link to invite people. The more referrals you have that are active on the site, the more you can earn from the generous referral program.

Overall, the earning potential with Octopus Group is quite good compared to many other survey sites out there. While the $20 minimum cashout may be high for some, with the potential to earn $1 to $10 per survey and referral bonuses, you can reach it pretty quickly. Octopus Group provides plenty of high-paying survey opportunities for members in Australia and New Zealand.

Available Platforms

Octopus Group offers a user-friendly website you can access from any desktop or laptop computer. You can log in to view available surveys and manage your account. There are also free Octopus Group apps for iOS and Android. The apps allow you to take surveys on the go from your mobile device. You'll receive notifications when new surveys are available so you can respond quickly.

The platforms are well-designed and easy to use. Everything from registering to taking surveys to redeeming rewards can be done right from the website or mobile apps. Octopus Group aims to provide an enjoyable user experience to keep members engaged and continuing to take more surveys.

How to Join

To join Octopus Group, you'll need to:

  1. Provide your email address and phone number
  2. Verify your email address by clicking on a confirmation link
  3. Complete your member profile which includes some basic demographic questions
  4. Confirm your phone number via SMS verification

Registration is only open to residents of Australia and New Zealand who are 18+ years old. Octopus Group will ask some initial demographic questions during signup to determine your eligibility for surveys and see if you meet their survey targeting requirements. The signup process only takes a few minutes to complete and then you can start taking surveys to earn rewards right away.

Pros

  • Pays $1 to $10 per survey on average which is very high for most survey sites
  • Compensates for disqualifications with 20 cents so you never waste time
  • User-friendly website and mobile apps for a good experience
  • Fast and free cashouts within 3 to 5 business days
  • Generous referral program can increase your earnings
  • Provides good member support in case of any issues

Cons

  • High minimum payout threshold of $20 may be too much for some
  • No PayPal payment option, only bank transfers and gift cards
  • Surveys may repeat on other survey sites which can lead to survey fatigue
  • Only open to residents of Australia and New Zealand so limited availability

Is Octopus Group Legit?

Based on all the factors we assessed, yes - Octopus Group is a legitimate paid survey site. It has a solid reputation for paying members quickly and provides responsive customer support. The cashout process is smooth and you can earn decent money for your time spent taking surveys. Just be aware the surveys may repeat on other survey sites.

Overall, Octopus Group is worth considering if you live in Australia or New Zealand and want to make money from online surveys. It provides plenty of high-paying survey opportunities and ways to increase your earnings through referrals. While the site isn't perfect and has some drawbacks, Octopus Group is a reputable survey platform that pays members as promised. If you qualify for surveys and the platform works well for you, you can make a decent amount of extra money in your spare time.

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