Are you on the lookout for a way to earn some extra cash online? If so, you might have come across Panel Payday and wondered if it’s a scam. It’s understandable to be cautious, as the internet is full of scammers trying to take advantage of people.
If you’re a fan of taking surveys to earn some money, you have plenty of options, including Survey Junkie, Vindale Research, and YouGov, to name a few. However, not all survey sites are created equal, and some are definitely better than others. That’s why it’s important to invest your time in a site that’s worth it.
As an Internet entrepreneur, I’m in a good position to share with you everything I know about online surveys. Over the years, I’ve reviewed many survey sites.
In this review, I’ll share my thoughts on whether Panel Payday is a legitimate way to make money online. We’ll explore how it works, what you can expect, and whether it’s a good option for you.
As a disclaimer, I’m not affiliated with Panel Payday. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.
At the end of this review, I’ll also tell you the best alternative to Panel Payday that has enabled me to make a full-time passive income online.
Table of Contents
- What is Panel Payday?
- Red Flags For Panel Payday
- Green Lights For Panel Payday
- Is Panel Payday a Scam?
- How to Make Money With Panel Payday?
- How Much Can You Make from Panel Payday Online Surveys?
- How to Sign Up?
- Other Ways to Make Money on Panel Payday
- Who is It for?
- What’s the Value of Panel Payday Points?
- How to Redeem Points With Panel Payday?
- My Experience
- Alternative Survey Sites
- Other Things You Should Know
- Final Verdict
- Is There a Better Way to Make Money Online?
What is Panel Payday?
Unfortunately, surveys cannot be conducted via Panel Payday. Instead, it serves as a hub for connecting survey creators with respondents.
But don’t worry, signing up won’t cost you a penny! Panel Payday doesn’t charge anything for joining their platform. However, they do generate revenue by referring you to their partners.
Here’s the catch – Panel Payday is compensated by its partners when you sign up for their services. So basically, your email address is the commodity for them. The people at Panel Payday are actually affiliate marketers and not survey takers.
Overall, Panel Payday can be a useful platform for finding survey opportunities, but it’s important to keep in mind that they are primarily a referral service.
Red Flags For Panel Payday
Agreeing to Marketing Partners
One major drawback of using Panel Payday is that you must agree to be contacted by marketing partners. If you’re not interested in receiving marketing emails, phone calls, or texts, this may not be the platform for you. Some users report feeling overwhelmed by the number of marketing messages they receive after signing up.
Not Primarily a Polling Company
Another thing to keep in mind is that Panel Payday is not primarily a polling company. While you may be asked to take surveys from time to time, the platform’s main focus is on connecting users with marketing partners. If you’re looking for a platform that’s exclusively focused on polling and market research, there may be other options that are a better fit for you.
Green Lights For Panel Payday
Completely Free to Join and Use
One of the best things about Panel Payday is that it’s completely free to join and use. You won’t have to pay any fees or subscriptions to start earning money.
Access to Various Survey Platforms and Websites
Panel Payday provides access to a variety of survey platforms and websites, making it easy to find surveys that match your interests and demographics. This means you’ll have more opportunities to earn money by sharing your opinions.
Easy-to-Use Website with a Simple User Interface
The Panel Payday website is easy to use, with a simple user interface that makes it easy to find and complete surveys. You won’t have to spend hours trying to navigate a complicated website or app.
Unique Affiliate Marketing Model to Earn Additional Money
Panel Payday also offers a unique affiliate marketing model that allows you to earn additional money by referring others to the platform. This means you can earn money not just by completing surveys, but also by sharing Panel Payday with your friends and family.
Great Opportunity to Earn Extra Cash by Sharing Your Opinions
Finally, Panel Payday is a great opportunity to earn extra cash by sharing your opinions. Surveys are a fun and easy way to make money, and with Panel Payday, you’ll have access to a wide range of surveys and other opportunities to earn cash.
Is Panel Payday a Scam?
Panel Payday is not a scam. You might have heard some rumors that Panel Payday is a scam because of some dubious partnerships with other sites. And we can confirm that some of their partners may not have the best reputation.
For example, if you come across an offer to reclaim funds that are rightfully yours, or a site that promises you can make thousands of dollars in a week with just a few hours of work, or a pyramid scheme where the only way to profit is to be at the top of the pyramid, then you should definitely steer clear.
We know that some people may be more vulnerable to these types of offers, especially those who need extra income and may be willing to overlook warning signs. But, it’s important to be vigilant and not give out personal information like your bank account or social security number to organizations you’re not sure about.
When it comes to Panel Payday itself, they make their money through affiliate marketing. This means that they encourage visitors to sign up for survey sites through their links and they get a commission from those sign-ups. It’s a legitimate way to make money online, and it’s definitely not a scam.
However, we want to caution you that sometimes, phishing websites may look like legitimate sites, but they aim to steal your confidential information, such as your login credentials. So, be sure to use antivirus software that can detect these sites and warn you to stay away from them.
In summary, Panel Payday is not a scam, but you should be careful with some of their partners. Don’t fall for offers that seem too good to be true and be mindful of phishing websites.
Learn more: Make Money Online Scams: How to Avoid Them?
How to Make Money With Panel Payday?
Panel Payday is a survey site that offers plenty of paid survey opportunities. But wait, there’s a catch – Panel Payday itself doesn’t conduct surveys. Instead, it connects you with other survey sites where you can participate in various surveys and earn some money.
To start earning, all you need to do is sign up on Panel Payday. You’ll then be directed to different survey sites where you can choose from hundreds of offers. The best part is that you get to set your own hours and participate in as many surveys as you want. You’ll be paid for sharing your thoughts on different products and services.
Now, you might be wondering what sets Panel Payday apart from other survey sites. Well, the answer is simple. While other survey sites solely rely on marketing efforts to attract participants, Panel Payday has a unique approach. It allows users to earn money through affiliate commissions by referring others to survey sites. By doing this, Panel Payday helps survey sites save money on marketing and instead use that budget to pay participants like you!
How Much Can You Make from Panel Payday Online Surveys?
By completing short surveys, you can earn up to $10, and for longer studies, you could receive $100 to $150. Not bad, right?
When you log in to Panel Payday, you’ll be able to see all the available surveys. However, there are quite a few offers listed, so you’ll need to search through them to find the paid surveys. Just be aware that not all the links will take you to working survey portals, so keep your eyes peeled!
It’s important to note that Panel Payday doesn’t pay directly for surveys. Instead, your compensation depends on the affiliate platform you use, so make sure to read the fine print. You’ll be compensated according to the terms set by the affiliate.
One great thing about Panel Payday is that there are always new opportunities to share your opinion and get rewarded for it.
Learn more: 32 Legit Ways To Make Money Online
How to Sign Up?
Signing up for Panel PayDay can be a bit time-consuming, but it’s worth it if you’re looking to earn some extra cash.
Here’s a quick guide to help you sign up without getting bombarded by spam emails.
Step 1: Provide Your Email and Name
Step 2: Create a Separate Email Address
By signing up, you agree to receive emails from Panel PayDay and their partner survey companies. To avoid getting tons of spam emails, it’s best to create a separate email address for survey-related websites. This way, you can keep your personal and work emails separate.
Step 3: Select Offers from Partner Sites
Once you sign up, you’ll be taken to a page with a list of partner sites and their offers. Select the referral link to a particular survey, and you’ll be taken to a new website. There, you’ll need to fill out a separate sign-up form for that particular survey site.
Step 4: Be Wary of ‘Limited Spots Available’ Offers
You’ll find offers from different websites claiming that there are limited spots available. However, no matter how many times you go back to the page, the number of spots won’t change. You can choose ‘no’ and continue to the next page normally.
But be aware that those $25 to $75 offers may not be as great as they seem, and you might be left with the same low-paying surveys as everyone else.
Other Ways to Make Money on Panel Payday
Panel Payday lets you promote affiliate offers and discounts from their partners, and earn money in return.
Basically, all you need to do is share links to the offers and discounts on your social media or other online platforms. Every time someone clicks on your link and makes a purchase, you earn a commission. It’s that simple!
Of course, you’ll need to sign up as an affiliate first, but that’s a quick and easy process. Once you’re approved, you’ll have access to a variety of offers and discounts to promote, so you can choose the ones that fit your audience best.
So if you’re interested in making some extra cash on the side, give Panel Payday a try. Who knows, it could be the start of a lucrative side hustle!
Who is It for?
Panel Payday is a platform for anyone who wants to participate in reputable paid survey panels. It’s also perfect for online survey platforms that need panelists.
What’s the Value of Panel Payday Points?
Well, the thing is, Panel Payout doesn’t actually use a point system.
How to Redeem Points With Panel Payday?
If you’re going to receive payment by check, you might need to be a little patient, as it can take a few weeks to arrive. But if you prefer PayPal, you’ll be happy to know that it usually only takes a few days to get your money.
So, I recently tried out Panel PayDay, and I gotta say, I wasn’t too thrilled with their services.
One major issue I had was that the site didn’t even pay you! I mean, what’s the point of signing up for a survey site if you’re not going to get paid for your time and effort? And to make matters worse, Panel PayDay is just an affiliate marketing platform. So, while they might advertise offers that can lead you to some legit survey sites, there’s no guarantee that you’ll actually earn any money with their service.
In short, my advice would be to steer clear of Panel PayDay. Sure, you might get lucky and find some decent survey sites through them, but why take the risk when there are plenty of other survey sites out there that actually pay you for your time?
Alternative Survey Sites
Panel Payday vs. Branded Surveys
Branded Surveys and Panel Payday are both free, but Branded Surveys is the better option. Why? Because it offers actual surveys for you to take, while Panel Payday just redirects you to other websites.
Plus, with Branded Surveys, you can expect to earn $1 to $3 per survey, whereas Panel Payday reportedly pays out $25 to $75 per survey. But don’t be fooled – Panel Payday’s high payouts come with a catch. Its minimum payout amount varies depending on the partner company, while Branded Surveys always pays out at least $5.
Check out the full review of Branded Surveys here.
Panel Payday vs. Survey Junkie
Survey Junkie, another popular survey site, is free and open to users from all over the world, unlike Panel Payday, which is only available in the United States, Australia, and Canada.
While Survey Junkie may not offer the same high payouts as Panel Payday (reportedly $25 to $75 per survey), it still pays out a respectable $1 to $3 per survey.
However, keep in mind that Survey Junkie’s minimum payout is $10, while Panel Payday’s minimum varies depending on the partner company.
Check out the full review of Survey Junkie here.
Panel Payday vs. Swagbucks
Finally, there’s Swagbucks, which rewards you with points for taking surveys, browsing the web, and more. Like Panel Payday, Swagbucks is free to use.
While its earning potential may not be as high as Panel Payday’s (which, again, can vary depending on the partner company), it’s still a decent option if you’re looking to earn some extra rewards points.
In the end, the survey site you choose depends on your preferences and goals. If you want a reliable platform that pays out consistently, Branded Surveys is a solid choice.
If you’re looking for a site that’s available worldwide, Survey Junkie is the way to go. And if you’re interested in earning rewards points, Swagbucks is worth considering.
Check out the full review of Swagbucks here.
Other Things You Should Know
Is Panel Payday free to use?
Yes! Joining Panel Payday won’t cost you a penny.
Can I download a mobile app for Panel Payday?
Unfortunately, there is no official survey app available for Panel Payday. However, the good news is that the Panel Payday website is mobile-friendly, so you can participate in surveys while on the go.
Is Panel Payday available in my country?
Yes! Panel Payday is available worldwide, so no matter where you are, you can join and start earning.
Is my personal information safe with Panel Payday?
Absolutely! Panel Payday takes your security very seriously and uses stringent measures to protect your data from theft, misuse, and alteration. You can trust that your information is safe with them.
Panel Payday has been around for a while, but it’s facing some challenges. In my experience, the survey list can be overwhelming with suspicious offers. Plus, I’ve seen some complaints in reviews that the site can be spammy.
However, if you’re patient and willing to sift through a large number of offers and affiliate deals, Panel Payday could be worth your time. You can earn up to $150, which is not too shabby for a side hustle. Just keep in mind that this won’t replace your day job anytime soon.
That being said, there are other survey sites out there that offer legitimate money-making opportunities and are more user-friendly. So, it really depends on how much time and effort you’re willing to put into it. In my opinion, if you have the time and patience, give Panel Payday a try, but don’t expect it to be a quick and easy way to make a buck.
Is There a Better Way to Make Money Online?
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
You can read our full review of Wealthy Affiliate here.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.