Signed up last night and did my profiles today. I now have 1000 points.
From their FAQ's:
How do I redeem my Varsity Points for Cash?
To redeem your Varsity Points, simply login to your personal Varsity Panel profile using your email and password and click on ‘My Points”. For every 1000 points you earn, you will earn $1.00. You will be able to redeem your points when you have earned at least 10000 points
Haven't gotten any surveys yet so will wait and see how many points their surveys are worth. Has anyone gotten any surveys and what's the average points for them??