The Deal
- Save 10% when redeeming Swagbucks for Airbnb gift cards.
- Direct link to offer.
Key Terms
- Valid on $50 & $100 denominations.
Tips & Ideas
Saving 10% is a pretty good offer on Airbnb gift cards and can be a good alternative to cashing out via PayPal if you’re concerned about the 1099 you’ll receive if redeeming too many Swagbucks that way.
h/t Roman
Swagbucks has always maintained in its FAQ that paypal redemptions will not generate a 1099 because they do not count toward the $600 threshold:
https://help.swagbucks.com/hc/en-us/articles/360049700471-Taxes
If you have different info can you post a link to it?
I don’t have a link I can post, but my wife’s account got a 1099 for 2021 from PayPal due to Swagbucks redemptions.
Yeah it stops being Swagbucks thing to decide once it is out of their hands. Youvwill get a 1099K no matter what if you exceed the amount or quantity of transactions I’m the state/federal regulations PayPal adheres to
Has anyone noticed a pattern to when Swagbucks can be purchased at face value?
The purchase price is usually 10% – 20% higher, but sporadically drops to face value several times per year.