Memolink Program Review – Updated, 4/2011
Please click here to join Memolink.
Date Launched: Sep. 1999
Reward Per Dollar Spent: Varies
Earn For: Shopping, signups, reading emails, playing games, surveys, referrals
Cash Out For: Gift cards including Amazon, Walmart, and Best Buy; check; PayPal; Various charity donations
Minimum to Cash Out: 19,200 pts for a $10 redemption; PayPal minimum is 43,200 pts ($25)
Limit One Account Per: US Resident
Dollar Value of a Point: About 6/100 of one cent
Daily “Free” (Non-Spending) Points: Around 25 excluding surveys (which could add hundreds of points)
Value of those Free Points: About 1.4 cents/day (based on $25 redemption)
Common Rewards for Shopping and their % Equivalents (based on $25 redemption):
40 Points Per Dollar = 2.3%
64 Points Per Dollar = 3.7%
80 Points Per Dollar = 4.6%
96 Points Per Dollar = 5.6%
104 Points Per Dollar = 6.0%
120 Points Per Dollar = 6.9%
700 (flat) Points = $0.41
2,800 (flat) Points = $1.62
5,600 (flat) Points = $3.24
1. Memolink is free to join and they have an “A+” rating with the BBB. See their report here. They’re BBB Accredited which means they meet certain standards including a commitment to use good faith to resolve consumer concerns.
2. They’ve made strides to improve their shopping rates since my 2008 Shopping Rate Comparison analysis was released. At that time they were very low but they’ve since been raised to high average. The 2009 comparison will be released in mid-October.
3. Memolink survived some financial difficulties in the mid ’00s, but has emerged stronger and as a result, I feel confident in recommending the program to new members once again. Because of the drastic difference in how this program is being run versus the 2005-2007 era, I’m separating the Related Articles for reference into Before 2008 and Since 2008.
Since 2008: 2010 Annual Chat Recap, Memolink’s Owner Adperio Makes Inc. 5000 Fastest-Growing Companies List, Memolink’s “Highest Rebates Online” Claim Mostly Hype, 2009 Chat Bash Recap, CompareRewards.com 2009 Annual Chat Date Set, Current Memolink Review and Freebies for Joining, 2008 Shopping Rebates Comparison Chart
Before 2008: 2007 Shopping Rebates Comparison Chart, Memolink Upcoming Site Redesign, Memolink Sued by Levi Strauss & Co., Blockbuster Online vs. Netflix, Valentine’s Flowers Rebates, Memolink to Modify Memogold, 2005 Year in Review, Profane Trivia Question at Memolink, 2005 Shopping Comparison Including Memolink’s Old and New Rates, Memolink Anonymously Infiltrates Sites to Slam Critics, Memolink Screws Loyal Members, Memolink Site Down for Upgrades, Memolink to Revamp Site, Memolink Suspends Referral Program, Memolink Spams, Violates CAN-SPAM Act, Memolink’s Latest Stall Tactic, Milesource Teams Up With Memolink, Shopping Rebate Comparisons, Daily Trivia Answers in Your Inbox, Memolink Deletes Accounts, Memolink CEO Says Site ‘Profitable’, Memolink ‘Fesses Up, Memolink Continues to Shaft Members, MemoGold=Hush Money, Memolink Promises Redemptions, Memolink Deactivated
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This review last modified 4/2011.