Swag IQ Review 2023 (Now Known as Swagbucks Live): Is It Legit?Cash-Back Apps and Sites
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Swag IQ (now known as Swagbucks Live) is an online trivia contest application that is available for download on smartphones by clicking here.
It is developed by Prodege and was released in 2018.
Users can earn cash from playing the game and are actually playing against other users on the platform in real time.
Table of Contents
What is Swag IQ?
Swag IQ is a live trivia application with new games emerging every week.
While reports do seem to conflict, the application seems to be releasing a new game daily.
There are games available throughout the week, and sometimes bonuses are thrown in.
While there are many reward-based trivia apps, Swag IQ is relatively new to the market.
And it has made quite a splash thus far, with much positive feedback.
Its popularity is increasing, and it seems to have a number of advantages over its competitors.
It currently has a 4.4 rating on the Apple store.
Who Is Swag IQ Suitable For?
Swag IQ is available for all those who want to make money online.
A PayPal account and mobile phone are obvious requirements.
To take part in Swag IQ, users will need to be at least 13 years old.
They will also need to be a resident of either the USA, Canada, Ireland, India, France, Germany, or Australia.
Is Swag IQ Family-Friendly?
Swag IQ’s games are family-friendly, and the questions asked are suitable for people of all ages.
Parental permission is not required for participation.
However, younger individuals may not be able to answer many of the questions, which are orientated towards younger adults and middle-aged individuals.
The questions usually focus on pop culture, trivia, and topical news.
So, if you are the type of person who enjoys general trivia games and are looking for a way to make money online, then Swag IQ could be ideal.
Are the Questions Hard?
While the questions can be difficult, they are not completely random.
And the questions are straightforward and easy to understand, written in concise and simple language.
Despite the difficulty, Swag IQ can be a great way for teenagers to learn, with the addition of a rewards-based system.
Though the questions are tricky, the teenagers will have to react within a time frame to answer them, and this can increase reading comprehension and general knowledge.
It could develop real-life skills, and it is not possible to run a negative balance if people do not buy back in.
The small cash prizes and marketing could help young adults to develop financial, intellectual, and psychological skills on a micro level, without any real risks.
It could prepare them for a much more invasive world of media advertising.
They could even win a grand prize if they decide to join the quiz.
Swag IQ Review: Advantages
Super Fun to Play
One of the best advantages of Swag IQ is that it is fun to play.
It is quite competitive, and for those who love trivia and competition, it is perfect. This is also one of its disadvantages.
There is no possibility of cheating as the application is secure, and there are only 10 seconds to answer each question.
Daily Prizes Over $1,000
The grand prizes typically equal more than $1000, more than many other reward-based applications.
Flash games pop up during the week, with added bonuses.
SB points can be used to join a second game for another opportunity at winning the grand prize.
Chances to win a grand prize are higher if players invite new members between games.
Good Support and Feedback
It is a reputable application with good support and community feedback.
Instructions are given for each new game, so new members are not at much of a disadvantage.
There are no payout issues, unlike many other reward-based applications.
Easy to Cash Out
Converting from SB points to cash is effortless.
Another significant advantage is that there are lots of fun games to play, with more coming out nearly every day.
The game also has a live text window where people can comment as they play.
Free to Play
Swag IQ is completely free.
Users can submit their own questions to the application, making it even more fun.
Should this happen, you could even see your own question!
Swag IQ Review: Disadvantages
One of the most frustrating aspects of Swag IQ is the fact that it lags quite a lot.
This can make it very difficult for people to answer questions and can be quite annoying.
This will depend on connectivity and the numbers of players who happen to be playing the game.
Questions Can Be Difficult
The fact that the questions are moderately difficult can be a turnoff for people who prefer easier games.
The pay is in SB points instead of cash, though this is no real issue as the points can easily be redeemed with no issues.
The pot is split among winning members of the game so the SB rewards can be quite small.
You Must Answer 10 Questions in a Row
All ten questions need to be answered for a chance to win the grand prize, especially frustrating when the application is lagging.
There does not seem to be a schedule for live games.
Trolls in the Live Chat Section
In the in-game commentary, people can tend to express themselves in ways that are irritating to others, though profanity is never seen.
The technical issues are arguably the most damaging to the application.
Several users have had the application crash during a live game, though most only experience occasional lagging.
However, this is largely a result of how many people are playing, the internet connection, and the servers.
Additionally, people can get bored after a while, if they are not really interested in trivia and earning rewards in this manner.
Some People Don’t Like the Hosts
People also claim that the announcer/host who asks the questions can be annoying.
The main caveats with the application are that it can lag, and the chat can be irritating, as well as the hosts’ commentary.
If they removed the live chat, it could likely add to the overall experience.
Aside from these, it is a great live trivia application with a swift payout.
How to Play Swag IQ
The first step is to download the free Swag IQ app.
There is typically one game per day, and after you open the app you will be informed what time the game will be at.
Be sure to open the app at that time!
Play Against Other Contestants
Remember, you will be playing against other contestants.
This is what makes the games so much fun.
Bonus games will also appear every now and again.
Questions are Multiple Choice
The application will notify users when it is going to host a game.
For every question, there are 3 multiple choice answers.
Select one by touching the smartphone screen.
Answer Within 10 Seconds
Each question has a ten-second countdown for the answer.
When the time is up, the host will let everyone know the most commonly selected answer, as well as the correct answer.
SBs are earned for every correct question answered, though it is not all that much.
Answer Incorrectly, and You Are Eliminated
A wrong answer results in an elimination.
So, it can be a little difficult to make it to the end, with the grand prize option.
Wrong answers are highlighted in red, correct answers in green.
Rejoin the Game with Enough SB Points
It is possible to rejoin a game for another chance at the grand prize after you have been eliminated.
You will need to use SBs in order to rejoin.
The number of SBs you will need to use depends on how far into the game you happen to be.
Invite Friends to Get Additional Rejoins
Alternatively, you can invite friends to avail of rejoins.
However, you can only use one rejoin per game.
It is possible to keep playing if you happen to get knocked out.
Unfortunately, no rewards will accrue after an incorrect answer has been submitted.
However, in order to claim the SB points, the game does need to be played until the end.
The Grand Prize
The pot can be ‘sweetened’ with Swag IQ, boosting the grand prize.
For this to happen, Swag IQ will need to gain over 100 members between games.
Even if one hundred members refer one person each, the pot will be sweetened.
The only way to attain the grand prize is by answering ten questions correctly in a game.
Anybody who plays can win, though the pot will be split between all the winners.
In the majority of games, the grand prize is worth $1000 (in its equivalent of SB points).
What you actually get depends on how many people made it to the end, and also how much the prize happens to be.
Each game does vary a lot in terms of how much can be earned.
SB Points and Cashing Out
It is important to remember that Swagbucks only pays in SB points, and not cash.
A lot of new members seem to be unaware of this, judging from the live chat.
For redeeming prizes, 100 SB points is equal to $1.
SB points can be redeemed for gift prizes on the platform.
Cashing out with PayPal and Amazon are the easiest and most commonly used methods of cashing out.
They both offer as little as 300 SB ($3) reward cashouts.
They also tend to arrive quite quickly, in as little as 2-3 business days.
The SB points total can be observed on the application dashboard.
It is also possible to invite friends to Swagbucks in return for SB points.
However, if you refer them to the Swag IQ application itself, you will be reward with 10% of everything that they earn.
This is especially significant if they earn a large share of a grand prize.
Every time that you refer a friend with a link, you will receive a free rejoin.
This means you will not have to spend any more SB points and can have another shot at the grand prize.
Who Created Swag IQ?
Swag IQ was created by Swagbucks, a legitimate reward site that pays users in return for the completion of fun tasks.
If you are somebody who regularly uses reward sites, you have probably heard of Swagbucks.
Swagbucks is one of the most popular reward sites online, and they are known for their creation of fun games.
They are recognized as a legitimate site and offer a number of reward-based activities.
These activities include surveys, online games, watching videos, and online shopping.
While it is not possible to become rich from these types of reward sites, it can be a good way to earn a return for those looking for some extra cash.
Users are rewarded in SB, which are the equivalent of Swagbucks points that can be redeemed for cash.
Gift cards can be redeemed electronically within 2/3 business days.
Cash out is via PayPal, usually received within no more than 3 days.
Swag IQ Review Summary
Swag IQ is one of the best live trivia games available right now.
It has a diverse mix of questions, and this is one of the most commonly cited advantages of the application.
The questions are challenging, but not so overly difficult that only a few people can answer them.
It has enough of a balance to keep the game fair and interesting.
People who play would need to be moderately good at trivia, though not excellent.
Swag IQ is worth the money if the grand prize is claimed once or twice.
However, many in the chat room complain that it is not worth the effort. This is true for those purely looking at the application as a means of making money, and without claiming the grand prize.
Money aside, the game is fun on its own, even more entertaining than trivia applications that do not offer any kind of reward.
It is a legitimate way to make money, and a fun way to pass the time.
If you are good at trivia and interested in a reward-based live contest, then it is the perfect application.
The sign up to Swag IQ is quick and easy, and the download from Google Play or the Apple store is smooth.
Swag IQ is a highly recommended application from a highly respected rewards-based website, Swagbucks.
Logan is a practicing CPA and founder of Choice Tax Relief and Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.