Now, if you haven't done so yet, click here to get to the website.
On the menu on the left click on "Sign up". You will see this page :

You must enter your real infos here since that's what they will use to send your prizes. You must know that, as of now, the service is available only to citizens from the U.S, Canada, United Kingdom and Australia. If you're not from one of these countries it will not work for you...sorry.
Once your account is created, you will receive an email from Rewards1 to confirm that your email is valid. Afterwards, you will be able to login to the website.
Once you are logged on, click on the "Available offfers" link in the menu on the left. You will see something like this :

On the left is the name of the offer and on the right is the number of points you will earn once the offer is completed. There 4 different categories of offers. The first one is Free and is the simplest of all but also the one that pays the least. The second is Credit card - free. The third is Credit card - pay which is often the one that will give you the most points but there might be a little cost involved. Finally the last one is for the Cell phone offers.
So just click any offer you want and then do what is being said on the website. Once you're done you should normally receive your points within 15 to 20 minutes. Other offers might take longer and could take a whole day before you receive your points.
Once you've completed a lot of offers and have enough points, you can trade them for anything available on the site. To do so, just click on the "Available prizes" link in the left menu. You will see this page :

The prizes are sorted by category. Find the one you want depending on your number of points and just click on "Request this prize"
I will show you the different type of prizes available in my next post.

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