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PrizeGrab Review 2022: Is This Rewards Site Legit?

This post may contain affiliate links. Please read my disclosure for more info.

Money doesn’t come by easily these days, however, the internet brings its own peculiar opportunities for earning extra cash if you are ready to try things out.

Side hustles online are a great place to start since we often spend a lot of our time finding something productive that we can do. Speaking of productivity, there’s nothing more productive than having fun while getting lucky to win big.

Fortunately for us, there are many ways to make money online, such as answering market surveys, freelancing tasks, and online sweepstakes. These things can be done at the comfort of one’s home since they only require skill, patience, and luck.

This PrizeGrab review covers how it works, pros, cons, and more.

What is PrizeGrab?

PrizeGrab started in 2013 and the company mission claims that it’s a way to bring joy to participants.

It was started by two people who teamed up to create an engaging website to reach more people to give away prizes to, aside from surprising people by traveling across the country.

Being the US’s number one online sweepstake brand, the website got this far for having a simple reward system structure.

It’s a perfect platform for people looking to see if they have a chance of winning big while not risking anything in return.

However, they also offer small prizes for people to enjoy, such as Amazon and Starbucks gift cards. The prizes can range from $10 to $25,000 in cash, with about 2 million people regularly visiting the website in a month.

The process of joining in and participating is pretty straightforward, thanks to its website’s easy-to-navigate design.

How To Sign Up For PrizeGrab?

Signing up for PrizeGrab isn’t complicated, and virtually anyone can do it within a few clicks. Here are the two methods of signing up to the website to create an account:

Facebook account registration

When it comes to convenience, PrizeGrab allows users to register using their Facebook accounts.

First, the user must go to PrizeGrab’s website and click on the “Enter with Facebook” option. This will take the user to the Facebook site to confirm the registration.

Upon clicking on “Continue as” with the user’s name on it will redirect the user back to the PrizeGrab website. The user will then have to access their email and confirm the registration. They can then participate once the process is complete.

Log in through email

The same principle as Facebook registration of the website’s account can be done using an email.

The email sent for confirmation also contains information that says the user can receive a bonus entry in an exclusive contest explicitly meant for new users.

It’s also necessary to provide basic information such as full name, email address, password, and ZIP code.

How Does PrizeGrab Pay You?

Since PrizeGrab has many different types of prizes being given away regularly, the process of claiming your prizes depends on what you’ve won.

For example, gift cards are often sent via email, while other items can be claimed through delivery, such as laptops, refrigerators, smartphones, etc.

The website has a dedicated prize fulfillment team that ensures the winners get their prizes in the right amount.

If the winner wants to receive cash equivalent to the price of the item won, their prize fulfillment team will cooperate with the winner to find the best delivery method.

When a winner is selected, they have ten days to claim their prize. Otherwise, another winner will be chosen in the next draw.

Pros and Cons of PrizeGrab

Like most things about free money, they seem too good to be true, and there are doubts about the website itself.

Here are PrizeGrab’s benefits and drawbacks.

  • Pros
    • Easy to navigate website
    • A high rating means people have won real prizes
    • Good pastime for people looking to take their chances at the prizes
    • Users won’t have to pay for anything, including the shipping fee of the prizes
  • Cons
    • Daily emails are structured in a way that makes the user think they have won when they haven’t
    • There are instances of people getting spam emails from other companies shortly after registering to PrizeGrab
    • Users can mistake an email that announces they have won a prize for a regular daily email.
    • Ads can sometimes pop up on the website

Is PrizeGrab Legit?

PrizeGrab has been in business for about eight years now, and there is a constant flow of responses from users who say that the prize system of the website is real.

According to Trustpilot, PrizeGrab is sitting at a 4.6/5 excellent rating, meaning it’s pretty much considered a legitimate website. The company details of PrizeGrab on Trustpilot are also verified, adding to its legitimacy.

While it’s understandable that people will have their reservations about something that seems too good to be true, it appears that the business structure of PrizeGrab is legitimate.

Is PrizeGrab Worth It?

If you’re not as bothered by the daily emails that people report to be overwhelming at times, then PrizeGrab is worth checking out and spending your leisure time with. After all, one of the things that the PrizeGrab team claims to offer is fun and enjoyment.

There is also no payment required to join the website, so people need not fear that the website is a scam.

While exciting and fun, users have to keep in mind that there’s no guarantee that their time will be well compensated in a sweepstakes platform like this, since everything comes down to chance.

Best PrizeGrab Alternatives

Best Paying Survey Sites

InboxDollars
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Survey Junkie
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PrizeRebel
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$5 sign up bonus

Free points on sign-up

Free points on sign-up

Make money when you answer surveys and watch video ads

Offers tons of surveys every day

Get paid to complete surveys and other simple tasks

Redeem earnings starting at $30

Redeem earnings starting at $10

Redeem earnings starting at $5

PrizeGrab FAQs

How does PrizeGrab make money?

Like most sweepstakes companies, the company makes money mainly through ads and sponsored emails.

What device do I play PrizeGrab on?

PrizeGrab is available to play on virtually any device that can access the internet. It can be played through a phone, PC, or tablet.

Can I win multiple prizes?

Yes. It’s possible to win multiple prizes at once if you’re lucky enough to be selected.

Who can play PrizeGrab?

For now, PrizeGrab is only available to people who are 18 years old and legal residents of the United States and other US territories.

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Enoch Omololu

Enoch Omololu is a personal finance expert who has a passion for helping others win with their finances. He has a master's degree in Finance and Investment Management from the University of Aberdeen Business School and has been writing about money management for over a decade. Enoch has been featured in several leading personal finance publications including MSN Money, The Globe and Mail, Wealthsimple, and the Financial Post.

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