You have a couple hours to kill before you head off to work, and you just found out about a promo code for 10% off your next order of ribs at your local restaurant. You’ve been trying to decide whether to go for it or not, and in the end, you decide to order some chicken wing fingers to go with your Honeycrisp apple pie for lunch. Without thinking twice, you click on the offer and enter the code. And then–BLAM!–you’re faced with a hurdle: You have no idea how to sign up for this reward program.
Let’s put this disappointment aside and move forward. In this article, you’re going to discover everything you need to know about the Speedway Rewards program so you can hit the ground running when the time comes.
Signing Up Is Easy
If you’re reading this, then you probably already know how to sign up for Speedway Rewards. All you need to do is visit the website, create an account, and then click on the Get Started button. You’ll then be taken to the dashboard, where you can choose between various marketing emails (more on these later). After you make your selection, you’ll see a confirmation screen with a link to confirm your email address. If you follow this link, you’ll be taken to a page that confirms your details.
The whole process should only take a couple of minutes. Now, you’re ready to continue to the next step.
The More You Spend, The More You Earn
You’re presented with a dashboard after you log in. The dashboard isn’t very pretty, but it is simple to understand. Essentially, it is just one page that breaks down your earning potential based on how much you’ve spent on various products and services in the past. This includes items such as shopping online, downloading apps, and using social media. If you spent 10 bucks a month on Instagram, you can easily earn 10 bucks a month in rewards. (1 buck = $0.10).
For those of you wondering how this all works, here’s a quick explanation: The company pays out in cash through a special bank account called a segregated fund. Basically, this is a special account that only pays out in rewards, and it’s funded by the affiliate sales of the company’s products and services. So, the more you spend, the more you earn. It’s that simple. Now, if you’re looking for a bit of an edge, you can easily qualify for some pretty cool prizes, including Amazon gift cards, Tesla gift cards, and PayPal cash.
What Is A Segregated Fund?
If you look at the top of the dashboard, you’ll see a pretty exciting message: You’re at the top of the leaderboard! Congrats, you’re now at the top of the earning charts. This is thanks to the amazing community of customers that make up the Speedway Network. Now, before you get all excited, know that this leaderboard is purely based on your spending habits from the past 12 months, and it currently ranges from $60 to $150 a month. So, your prize is going to be based on what you’ve already spent – nothing more, nothing less. For those of you that have been trying to decide whether or not to get involved in affiliate marketing, this leaderboard is an easily accessible demonstration of just how much you could be earning from it.
One of the most important things to note about this particular rewards program is that it is a flat structure. Once you make your selection of which marketing email you want to receive, you don’t have to adjust your lineup based on how much you’ve spent or earned in the past. This is unlike most other rewards programs, where you have to keep a certain percentage of your spending to continue earning rewards.
Who Benefits Most From This Program?
One of the best things about this particular rewards program is that it is a great opportunity for anyone to earn money online. It doesn’t matter if you’ve never done any kind of online marketing before or have a complete understanding of affiliate marketing. (Which in turn, doesn’t mean that you’ll make a whole lot of money from it.) You’ll have the ability to earn money quickly and easily with minimal effort. While you’re at it, you could even make some extra cash by promoting products that are tied to successful businesses (more on this later).
In the end, this is a rewards program that anyone can join and anyone can benefit from. Since it is completely digital, it doesn’t require you to have any special skills to participate. That being said, anyone looking to earn some extra cash should consider this program as a great opportunity to do so.
The Pros And Cons Of Joining The Program
Before you join this program, you should ask yourself: Is this right for me? Do I want to encourage more spending or saving? Should I focus on earning money online or should I try to make a side income?
The answer to all these questions is: It depends on you. While the program has multiple advantages, it also comes with some significant downsides. Before you continue, you should understand what they are so you can make the right decision for yourself.
Advantages
One of the biggest advantages of this particular rewards program is that it gives you the flexibility to work remotely. Since you don’t have to be physically present to perform marketing tasks, you’re free to take on any work remotely, even if it isn’t connected to your affiliate marketing efforts. (I.e. You could be working on a different project, and all of a sudden, you’ll get a notification that a task has been assigned to you.)
Another advantage of this program is the ability to earn money online. As stated above, all you need is an internet connection, a microphone, and some time to promote products. You’ll be able to find work remotely, even if you don’t have a specific task assigned to you. (This is one of the reasons why I enjoy this program so much; I get to do a little bit of everything.)
I love how versatile this program is when it comes to the opportunities it provides. You’ll be able to find work remotely, make money online, and even make some side income if you promote products that are tied to successful businesses. (Just remember to do your research before you start promoting a product that you’ve never heard of.)
Disadvantages
One of the disadvantages of this particular rewards program is that it is not very sustainable, long-term, income-producing mechanism. This is because it is currently based on the affiliate sales of a few large companies. So, if those companies decide to stop doing business with Speedway, then your income will quickly disappear.
Since it is a cash-based system, you’ll need to keep a close eye on your expenditures to make sure you stay within your budget. If you go over, you’ll be charged a 20% service fee plus a $5 transaction fee per withdrawal. So, if you withdraw $100 in earnings, you’ll need to pay $120 to keep your cash. That’s a lot of money for some people.
Another disadvantage of this particular program is the lack of transparency. As a member of the Speedway community, you’ll get access to various marketing tools and metrics to analyze your performance. However, as an individual that is promoting a product or service that is associated with this program, you’ll have no idea what’s going on behind the scenes. You won’t be able to see the financials of your affiliate sales, and you won’t be able to find out how much is actually being paid out to members of the community.
As you can see, there are several advantages and disadvantages to joining the Speedway rewards program. The answer to the question of whether or not you should join this program is going to depend on you and what you’re looking for in a savings account. Personally, I think that if you’re looking for a sustainable way to make extra cash, then this is the program for you. However, if you’re looking for a way to put money away for future expenses or want to earn a small amount of extra cash, then I’d advise you to look elsewhere. This program is great for those of you that want to work remotely and make a little bit of money online. Just remember to do your research before you get started.