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UGH! Global Test Market is changing to Life Points!

3,132 372 April 5, 2017 at 07:53 AM in Question (2)
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I seriously hope they still have option of paypal or some sort of cash payment or I am out!EEK!

2017 is bringing with it lots of exciting changes for GlobalTestMarket and here is the first update. MarketPoints will be discontinued from April 17th and will be replaced by our new LifePoints. This will bring bigger, better and faster opportunities for being rewarded and this is just the beginning as we continue to create a better experience for you.

In the coming months, we will be creating new and exciting ways for you to share opinions relating various aspects of your life and be rewarded with LifePoints at the same time. Our new mobile app is being built and it's looking good – keep a look out for when it's launched!

What's the big change?
Instead of MarketPoints, you will be rewarded with LifePoints, which will be credited to your account in the same way before. These changes mean that you will be able to redeem your LifePoints even sooner.

Any existing MarketPoints will be converted to LifePoints, at the following conversion rate:

1 MarketPoint = 5 LifePoints

100 MarketPoints = 500 LifePoints

When is the change?
The change will take place between April 17th through April 22nd. You'll see the conversion of your MarketPoints into LifePoints in your account history. Any surveys completed before this date will be credited at the old MarketPoints rate.

What happens next?
Once your MarketPoints are converted to LifePoints, you will be able to redeem them for a wide range of great rewards in our catalog. Any newly completed surveys will be rewarded with LifePoints. However, while the change is taking place, the catalog of rewards will not be available for viewing. Please refer to our HelpCenterfor additional information.

Once the changeover to LifePoints is completed, we will let you know.

Thank you,

The GlobalTestMarket Team

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#2
yeah, anytime they change up the point system it is just to hide a devaluation. cash out if you got them guys & gals.
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#3
They better have option for paypal or check...or at least a debit card!
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Quote from thehip
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yeah, anytime they change up the point system it is just to hide a devaluation. cash out if you got them guys & gals.
I received the same email. 1 Market point will equal 5 of the life points. Now it will look like you have a lot of points, but who knows what the cash out values will be for unknown future prizes. I am 71 market points away from being able to cash out for a $50 Paypal, so hopefully I can do that before the conversion and start the new points with very little points to lose. Now let's see if the surveys slow down so people will not be able to go forward and cash out before the conversion.
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#5
Quote from njbob49
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I received the same email. 1 Market point will equal 5 of the life points. Now it will look like you have a lot of points, but who knows what the cash out values will be for unknown future prizes. I am 71 market points away from being able to cash out for a $50 Paypal, so hopefully I can do that before the conversion and start the new points with very little points to lose. Now let's see if the surveys slow down so people will not be able to go forward and cash out before the conversion.
none yet for me today-lol. I am in same boat-80 points away from the "old" cash out before it changes
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Quote from xrayspex
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none yet for me today-lol. I am in same boat-80 points away from the "old" cash out before it changes
I just received a survey from them that I was able to complete for 30 Market Points. I actually felt pressure doing it as I did not want to be screened out. laugh out loud I just want to cash out for the Paypal and then worry about the changeover when it happens.
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#7
Ugh. GTM was on my "pain in the butt" list already, and now it is even worse!!
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Fortunately I've just cashed out. Just have a few points. And I have noticed a slow down the past few days. Guess have to wait and see what the "Life Points" are worth and what's available to cashout for.
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Was checking the options. I no longer see checks available and no Visa cards. Did this recently change? I cashed out for a check last August and was hoping for another.
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Quote from xrayspex
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none yet for me today-lol. I am in same boat-80 points away from the "old" cash out before it changes
Quote from MusicLady
:
Fortunately I've just cashed out. Just have a few points. And I have noticed a slow down the past few days. Guess have to wait and see what the "Life Points" are worth and what's available to cashout for.
I was able to complete a survey this morning and reach 1,200 Market points so I can now cash out for the $50 Paypal. woot woot I am going to give it another few days to see if I can maybe get an e-gift card also before I cash out.
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Quote from MamaJean
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Was checking the options. I no longer see checks available and no Visa cards. Did this recently change? I cashed out for a check last August and was hoping for another.
Checks have been gone for a while now. I've been getting Amazon, Target or Paypal since they did away with checks.
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Quote from njbob49
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I was able to complete a survey this morning and reach 1,200 Market points so I can now cash out for the $50 Paypal. woot woot I am going to give it another few days to see if I can maybe get an e-gift card also before I cash out.
After not getting any new surveys over the weekend, I decided to cash out for a $50 Paypal this morning. This way I am safe and I will worry about the new points format after it happens. Good luck to all in cashing out.
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Quote from MusicLady
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Checks have been gone for a while now. I've been getting Amazon, Target or Paypal since they did away with checks.
Got the Amazon which I love but would have rather had a check.
Thank you
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#14
Anyone receive their recent Paypal cash-out's yet? I redeemed for over $250 in Paypal but have not received anything yet, usually it's 5 days or under before I receive my funds. I assume that they're getting bombarded with cash-out requests due to this notice.

I contacted their support team as well to see if the transition on the 17th might affect my cashout.
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Quote from Andrew_F
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Anyone receive their recent Paypal cash-out's yet? I redeemed for over $250 in Paypal but have not received anything yet, usually it's 5 days or under before I receive my funds. I assume that they're getting bombarded with cash-out requests due to this notice.

I contacted their support team as well to see if the transition on the 17th might affect my cashout.
Its usually 5- 10 business days for me. They will probably tell you to wait the 10 business days until they look into it.
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