How to Cancel SurveyMonkey

Subscription in Few Steps

SurveyMonkey Refund Policy

The company doesn’t automatically refund you when you cancel your SurveyMonkey subscription, even for the remaining time. In most circumstances, if you cancel before your subscription ends, automatic renewal ends, and you can still use the paid features until it expires.

How Much Can You Save After Canceling Your SurveyMonkey Subscription?

Canceling a SurveyMonkey subscription can yield significant savings. For instance, if the Team Advantage plan costs $25 per user a month and has three users, its cancellation would save $900 annually. Similarly, negating the Team Premier scheme for three people at $75 per user a month would reduce yearly expenditure by $2,700.

Where to Invest that amount

One may choose to invest elsewhere with the money saved from terminating their subscription to Survey Monkey. Here are some of them:

1. It can help build a healthy emergency fund.

2. Opt for government, corporate, or municipal bonds since they have lower risks than stocks.

3. invest in different stocks, securities, and other assets which would diversify your portfolio

4. Keep this amount in a high-yield savings account where it earns competitive interest rates with minimal risk.

5. Contribute towards 401(k), IRA, or Roth IRA plans for retirement wealth creation and tax benefits.

Alternatives to SurveyMonkey

If you are looking for other alternatives to SurveyMonkey, below are some good ones:

SurveySparrow

SurveySparrow is a user-friendly online survey tool that lets users make questionnaires and receive comments from people. It is known for its ease-of-use interface and the feature through which it sends out high-paid surveys.

Jotform 

Jotform is an easy-to-understand platform for creating forms and surveys. Its drag-and-drop interface makes it easy to design customized forms without requiring coding experience.

Typeform

Typeform has the most attractive visuals in interactive surveys. This makes respondents feel like they are having a conversation rather than answering questions.

Conclusion

Discontinuing your membership in SurveyMonkey is the best choice as it will lead to significant savings and opportunities for growth. If you want an intelligent approach to managing your finances and investments, consider Beem's budget planner. It is a budget planner, a tracker of expenses, a setter of financial goals, and a decision-maker on how your money should be spent.