Thanks for checking out my Panel App Review.
Panel App is designed so that its members can earn rewards simply by sharing data. It also says it offers bonus’s for members who choose to complete surveys and refer their friends.
In my review today I will be finding out what you need to know about the Panel App platform to help you decide if it’s worth checking out.
To help me do this I will be uncovering what real users of the app are saying about it. I will also be weighing up the likely pros and cons to help you make a more informed decision about whether you should join.
Before we look at what the earning potential is however, let’s find out how the Panel App works.
Introduction to Panel App
Panel app is a mobile loyalty program that awards you redeemable points for completing location-based surveys and submitting data about your location.
What is interesting is that if you choose, you do not have to do anything at all to earn points and generate a passive income. That’s because the app runs in the background collecting and measuring data about your device and location for market research purposes.
After reaching the pay out threshold, you may exchange your points for various rewards, including cash, gift cards, sweepstake entries, and other prizes.
Signing up to Panel App
The Panel app program is location-based, and you can only sign up if you are a resident of Australia, Canada, the UK, or the US. In addition, applicants must be at least 14 years old.
If you are below 18 years, you may only register after receiving consent from your parent or guardian.
The process of signing up is very simple. After downloading and installing the app, you may create an account using your email address or sign up with your Facebook ID.
The Panel app does not require any more details from you, but you have to turn your GPS on for the app to detect your location.
How to earn points with panel app
Earning points with Panel app is very easy. In fact, you can gain points passively without having to complete any task.
All you have to do is to leave the app running in the background to earn. However, this will limit your income potential, as points earned through this method are not much. Another way of earning points is through completing surveys.
Panel app will send you at least one survey daily. However, the availability and frequency of survey opportunities depending on your location. What is interesting about Panel App is that if you always travel a lot, and visit different locations frequently, then you should expect plenty of surveys at any given time.
Nevertheless, you have to let the app run in the background while traveling for the app to monitor your movements and invite you for surveys accordingly.
Earning with referrals with Panel App
Besides earning points passively and completing surveys, you may also increase your earnings by inviting your friends to join the program. For every new member who signs up using your referral code, Panel app promises to pay you 10% of what their lifetime earnings.
Panel app also runs various social media events and competitions where you can participate and earn extra points or sweepstake entries. The app normally lists the events days in advance hence, it is advisable that you check your phone from time to time not to miss out.
How much can you earn with Panel App?
If you simply run the app without carrying out any surveys or tasks you can expect to earn in the region of 20-30 points per day, and based on our experience, most tasks pay between 10 points and 50 points. This means that you should not expect to earn more than 3,000 points in a month. For every 1500 points, Panel app will pay you $1.
As you can see by the above, Panel App is by no means going to allow you to give up your day job, but is nonetheless an easy way to earn extra, with some of it being passive.
The minimum pay out threshold is 1500 points ($1). However, different rewards have different cash out requirements. For instance, if you want to redeem your points for sweepstake entries, you will have to part with 25 points.
Some sweepstake entries cost as much as 100 points depending on the prizes at stake. For gift card redemptions, you need a minimum of 2,000 points to earn a $2 Amazon gift card.
Previously, the app used to offer cash rewards via PayPal. However, this is no longer the case. The closest you can redeem your points for cash is through the Visa Card option.
Panel App Reviews From Real Users
At the time of my latest update of this review The Panel App has a score of 4.3/5 from nearly 78,000 reviews at Google Play. It also has a score of 4.3/5 from 680 reviews at The App Store.
This is a popular app and most of the users are happy with their experience using the app.
Some recent reviews however complain about no longer getting surveys, and others about problems redeeming their rewards.
Most other complaints from users however centre around the fact that earning points is too slow for them.
What Are The Pros Of Panel App?
– Easy sign-up process
– Very easy to earn points (passive income)
– Multiple revenue opportunities
– Fast pay outs
– Different reward options including gift cards, merchandise, and sweepstake entries
What Are The Cons Of Panel App?
– Only available to residents of the US, UK, Australia, and Canada
– Requires a high-end smartphone
– Ambiguous pay
– Very low-income potential
– Infrequent surveys
– Tasks are location-based
Is Panel App worth joining?
Panel app is undoubtedly a legitimate income opportunity. The app allows you to make money without doing anything demanding. However, the earning potential of Panel app is very low.
In addition, some may consider the app to be too intrusive as it monitors all your movements and the activities you carry out on your phone. For this reason we do not recommend the Panel app unless you are happy to share your movements and activities.
Some recent reviews also reveal problems with payments so caution is required.
Star Rating 2.5/5-The Panel App offers a legitimate opportunity to earn a little extra for little effort. The income potential however is very limited.
My Top Recommendation
If you like the idea of earning a passive income, then referring people to platforms like Panel App could provide you with a means of earning money without having to carry out small tasks.
There are also better Referral programs than the one offered by Panel App, and therefore potentially more lucrative.
With your own website you can write reviews and articles with links to various platforms that have referral programs. When people sign up or earn money themselves, you get a percentage or commission.
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