Upcoming Changes to Lightspeed

[meninsche]

Received this email from Lightspeed today (I broke up the link):


Based on the emails we receive, we know there are many of you who would like more prize options to choose from when you redeem your Lightspeed Points. We also know many of you would like your prizes delivered faster. We are very excited to announce some great improvements in the Lightspeed Panel incentive program - these improvements will give you more prize and gift certificate options and ensure faster prize delivery.

The changes will take place later this year (after December 1). The
Lightspeed Points Terms and Conditions, accessible on the website at
h t t p ://u s .lightspeedpanel.com/rewards/point_terms_conditions.html ,
will cover the details of the new program.

One change we need to point out to you, however, is that a 10% charge
will be added to gift certificate orders and a 15% charge will be added
to cash orders. (For example, you will need to redeem 1,100 points for
a $10 gift certificate.) We hope that the hundreds of new prizes
available to you and faster prize delivery will outweigh this charge. You
can redeem any points you currently have or accumulate (in each case
prior to December 1) for gift certificates or cash orders without the added
charge.

Thank you for being a valuable member of the Lightspeed Consumer Panel. We look forward to your future survey participation.

Lauren
Lightspeed Consumer Panel

I for one don't like these changes

[FreePaidSurveys]

It's possible they might do a PayPal, with no charge?

Guess we'll just have to wait and see, doesn't sound very good to me so far.

[jeanxpression]

Just received another check from them yesterday. Crazy timing, huh?
I think I'll cash in the rest of my points before December 1st.

New fee:
Possible PayPal option:

Cammie

[scampster]

They are going to lose the big one over this. It would have been a little more intelligent raising the minimum payout if they are trying to save money on sending out checks.

[meninsche]

jeanxpression, completely agree with you about trying to redeem all my points before the switcheroo. Few odds and ends about Lightspeed as of late:

1. I had 500 points, so I cashed out for an Amazon GC - instead of receiving a GC via email (as it usually happens), I receive a check in the mail for $5. Of course, there IS NO $5 cash out. I emailed Lauren, but never heard back from her. Hey wait, I've never received any correspondence back from her, come to think of it!

2. I'm really starting to think Lauren was the model who posed for Lightspeed, and doesn't currently work there.

3. I've recently been having zero luck for qualifying for Lightspeed as of late...sad really. But then, I got to do a sock survey - three weeks of athletic socks mailed to me; 375 Lightspeed points; and $10 check being mailed! So, I guess I'll take the good with the bad.

[jeanxpression]

#1 & #2:
Yeah, I also have this same feeling about "Lauren".

#3:
Socks. They're a good thing!

jeanxpression, completely agree with you about trying to redeem all my points before the switcheroo. Few odds and ends about Lightspeed as of late:

1. I had 500 points, so I cashed out for an Amazon GC - instead of receiving a GC via email (as it usually happens), I receive a check in the mail for $5. Of course, there IS NO $5 cash out. I emailed Lauren, but never heard back from her. Hey wait, I've never received any correspondence back from her, come to think of it!

2. I'm really starting to think Lauren was the model who posed for Lightspeed, and doesn't currently work there.

3. I've recently been having zero luck for qualifying for Lightspeed as of late...sad really. But then, I got to do a sock survey - three weeks of athletic socks mailed to me; 375 Lightspeed points; and $10 check being mailed! So, I guess I'll take the good with the bad.

[Lea]

I am new to Lightspeed and just reached 1000 points. Went to the rewards page to request a check for $10. Instead I need 1150 points for a paypal reward of $10. I am disheartened. Each point is now worth less than 1 cent. I will wait until I accumulate 1150 points and I may discontinue. This is a survey taker be damned by Lightspeed.
And to add insult to injury their point system is abominable. If I had been able to see the rewards offered before I joined I never would have joined. Lightspeed was clever to not show their prizes beforehand. I was not able to access the list until I had acquired some points. Their points are overpriced. I saw one Nordic microwave item for 2600 points that sells on Amazon for $12. What a ripoff. I cannot accept the fact that there is a penalty for acquired points (for paypal $10.00 need 1150 points. Sad indeed. A disgrace.

[sooverit]

Hmm.. that is disappointing but I still like Lightspeed. I just get the Amazon gift certificates or sometimes just have it put into my paypal acct. I get quite a few surveys from them so it adds up quickly.