Are you looking for a Panel Payday review? But you may wonder if it is a scam.
Some people fear that if they do not try to make money online, they will be left behind. There are more and more people who think this way, and that’s why there are more and more scammers trying to steal your money.
In this review, I will explain why I think Panel Payday is a scam. I will also discuss whether Panel Payday is a good option to earn extra money online, how it works and what you can expect.
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.
What is Panel Payday?
Surveys cannot be conducted via Panel Payday. Instead, they serve as a hub for connecting survey creators with respondents. There’s no cost to you to sign up. To generate revenue, Panel Payday will refer you to one of its many partners.
Panel Payday is compensated by its partners when you sign up for their services. Therefore, you (or rather, your email address) are the commodity for them. Panel Payday people aren’t survey takers; they’re affiliate marketers.
How Does Panel Payday Work?
On Panel Payday you can find many paid surveys. No surveys may be conducted with Panel Payday.
To earn money on Panel Payday you can;
- Sign up and you will be directed to other survey sites.
- Choose from hundreds of different offers.
- Set your own hours and earn money whenever you want.
- Participate in as many surveys as you want.
- Earn money in exchange for your thoughts.
Even though Panel Payday looks like any other survey site at first glance, it is actually quite unique. It is true that Panel Payday users earn money through affiliate commissions by referring others to survey sites.
By doing the work of getting participants to connect with market research companies and take surveys, Panel Payday allows survey sites to save money on marketing.
How Much Can You Make from Panel Payday Online Surveys?
On average, you can earn up to $10 for completing a short survey and $100 to $150 for participating in a longer study. When you log in to Panel Payday, you can view the available surveys.
Unfortunately, this list is packed with offers, so you’ll have to search through them to find the paid surveys. Keep in mind that not all the links provided will take you to working survey portals.
Your compensation for completing a survey depends on the affiliate platform you use. Note that Panel Payday does not pay directly for surveys, so read the fine print.
You will be compensated according to the terms set by the affiliate.
One advantage of this site is that you will always find new opportunities to share your opinion and get rewards.
Other Ways to Make Money on Panel Payday
The only way to earn money on this website is to promote affiliate offers and discounts from Panel Payday partners via links.
How Do You Get Paid by Panel Payday?
Obviously, I am not satisfied with Panel PayDay’s services.
The fact that the site does not pay you is another contributing factor.
Even though this seems like an option before you join, it is not. Panel PayDay is nothing more than an affiliate marketing platform. If you are lucky, the offers advertised there will lead you to reputable survey sites where you can earn money without leaving your home.
However, Panel PayDay will not compensate you for your time, and there is no way to actually earn money with the service.
Can You Use Panel Payday On Mobile?
If you have ever read one of my survey site reviews, you know that I always include a section explaining the mobile capabilities on the survey sites I review.
Panel PayDay can theoretically be accessed from a mobile device. The website can be easily accessed from a mobile device. However, as mentioned above, the options there are limited and you will not make any money on the site itself, so it does not matter if it’s optimized for mobile devices or not.
If you prefer to take surveys on your mobile device, some of the best survey sites also have apps that offer you real earning opportunities on the sites.
Who is Panel Payday for?
Users interested in participating in reputable paid survey panels can do so through Panel Payday. It is also suitable for online survey platforms that need panelists.
How Much Panel Payday Points Are Worth?
There is no point system in Panel Payout.
How to Redeem Points With Panel Payday?
Payment options are determined by the partner platform and not Panel Payday. Expect to wait a few weeks for a check or a few days for PayPal.
Is Panel Payday a Scam or Legit?
Contrary to popular belief, Panel Payday is not a scam. They do not use the classic scam tactic of asking for money before doing anything. Panel Payday is an affiliate marketer. By encouraging visitors to sign up to survey sites through their links, they can monetize their site. In other words, affiliate marketing is not a scam.
Panel Payday, however, has dubious partnerships with some other sites. Any offer to reclaim funds that are rightfully yours, any site that claims you can make thousands of dollars in a week with just a few hours of work, and any pyramid scheme where the only way to profit is to be at the top of the pyramid.
Some of us may take these things for granted, and we certainly would not voluntarily give out personal information like our bank account or social security number to such organizations, but not everyone is as astute as we are.
For example, those who need extra income but allow their need to cloud their better judgment.
Panel Payday itself is not a scam, but some of its partners might be. To the untrained eye, the link might look like it leads to a legitimate website, but in reality, it is a phishing website that aims to steal confidential information, such as your login credentials.
Incredibly, not everyone uses antivirus software that detects these websites and warns you to stay away from them.
Panel Payday Pros
- There is no cost or fee to join or use the platform.
- You can get access to some useful survey platforms and websites.
- The website has a simple user interface.
- Offers a distinct affiliate marketing model
Panel Payday Cons
- You must agree to be contacted by marketing partners.
- Not a polling company
Signing Up With Panel Payday
There are five simple steps required to set up your Panel Payday account. Start by providing us with some basic information such as your name and email address.
You will be notified that you will receive emails from Panel Payday and its partners after you set up an account.
As with any survey site, it is recommended that you use a separate email address specifically for receiving emails from survey companies (and other companies they sell your data to, which is fairly common).
On the next page you will find links to a number of survey platforms. If you are interested in any of the groups, just say “Yes” Two survey sites (Brands Need You and Opinions That Pay) and two sweepstakes sites (one with no recognisable name and Top Sweeps) were featured on my site.
Each time you select one, you will be redirected to their website where you can fill out the particular registration form.
The following procedure gave me confidence that the money would soon flow into my account. After that, you will be redirected to a page with three more ways to make money online: Earn on Demand with only six openings left, a $1,000 Facebook survey with only eight openings left, and an opportunity to earn $1196 per week with only four openings left.
When I read that there are only a handful of openings left, it warms my heart. These websites give a false sense of scarcity to get people to sign up quickly. After returning to the site several times, I found that the same number of “limited” spots were still available.
Given my skepticism, I decided to pass on all of them. However, before proceeding, one must accept each offer by clicking “Yes” or “No”
On the following page, I saw an advertisement for a survey site that promised weekly earnings of $800. After selecting “Yes”, I was redirected to the Survey Voices Research sign-up form.
I then clicked on the link in the email that Panel Payday had sent to verify my address. When I clicked on the link, I was redirected back to Survey Voices Research.
Alternative Sites to Panel Payday
Panel Payday vs. Branded Surveys
Take surveys and get paid with Branded Surveys, a platform that pays you to take them. Both Branded Surveys and Panel Payday are free, but Branded Surveys is better because it offers real surveys, while Panel Payday just links you to other websites.
Unlike Panel Payday, where you can expect to pay $25 to $75 per survey, Branded Surveys only gives you $1 to $3.
Unlike Panel Payday, where the minimum payout varies depending on the affiliate, Branded Surveys always pays out at least $5.
Panel Payday vs. Survey Junkie
If you want to earn some extra money online, Survey Junkie is a reputable survey site you should try.
While both Panel Payday and Survey Junkie are free, the former is limited to users in the United States, Australia, and Canada, while the latter welcomes users from all over the world.
As an alternative to Panel Payday, which reportedly pays out $25 to $75 per survey, Survey Junkie pays out an additional $1 to $3.
However, Survey Junkie’s minimum payout is $10, while Panel Payday’s minimum varies depending on the partner company.
Panel Payday vs. Swagbucks
Swagbucks lets you earn rewards points for things like answering surveys and browsing the web. Swagbucks, like Panel Payday, is a free service.
Compared to the potential rewards of $25 to $75 on Panel Payday, Swagbucks is a real alternative.
There is no doubt that your earning potential with Panel Payday will increase depending on the affiliate you work for.
Panel Payday FAQs
Is Panel Payday free?
Joining Panel Payday does not cost anything.
How to download Panel Payday mobile app?
Unfortunately, there is no official survey app for Panel Payday. However, since the Panel Payday website is mobile-friendly, you can participate in surveys on the go.
Where Panel Payday is available?
You can get Panel Payday wherever you are in the world.
Is your information safe with Panel Payday?
Your data is protected from theft, misuse and alteration by Panel Payday’s stringent security measures. Therefore, you can rest assured that your data is safe.
Panel Payday Review: Final Verdict
Although Panel Payday has been around for a while, it faces a number of challenges. In my experience, there are a lot of suspicious offers on the survey list, and I’ve seen complaints in reviews that the site is spammy.
In my opinion, Panel Payday is only worth it for those who’re interested in earning up to $150 and have the time to sift through a large number of offers and affiliate deals.
You won’t be able to make enough money here to consider it a full-time job. Panel Payday may seem like a waste of time compared to other survey sites that offer legitimate money-making opportunities and are easily accessible.
Best Alternative of Panel Payday to Make Passive Income
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.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
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.