Panel Champ Review-Is It Worth Your Time?
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If you are considering joining Panel Champ, but you aren’t sure whether it will be worth your time, then you have come to the right place. Our review will cover everything you need to know about this platform, including how to sign up, how things work, and of course when and how much you are likely to get paid.
Although all survey sites are low paying, some are better than others, so you’ve made a wise decision to check out this review to see just how good this survey site is.
What is Panel Champ?
Panel Champ is an international survey community that pays you cash or gifts cards for participating in short market research studies. The essence of this platform is to get all kinds of insights from consumers on various topics and current market trends.
How to become a Panel Champ Panelist
Panel Champ is a free-to-join platform that accepts members across the globe. However, sometimes, applicants from countries other than the US, UK, Canada, Australia and New Zealand may be rejected.
Also, you must be at least 16 years old to become a panelist.
Like most online platforms, the registration process is simple and straightforward. You will only be required to provide basic details such as your email address, gender, age and zip code.
How Panel Champ works
Panel Champ is exclusively a survey platform. The panel works with other market research companies to offer its members short, but highly engaging surveys.
Participating in surveys is by invitation only. You will receive an email from Panel Champ once a survey that matches your profile becomes available.
The invitation email contains all the details about the survey, including the length and incentive offered. Even though you may receive an invite however, it doesn’t guarantee that you will participate in the survey. You must still go through a pre-qualification process to determine your eligibility for the survey.
Once you qualify, you must complete the survey within the stipulated time and according to the instructions provided. The average length for each survey ranges from 7 to 30 minutes, with longer surveys offering higher payouts.
The surveys offered cover a wide range of topics, including travel, healthcare, finance, consumer goods, lifestyle, music and technology.
How much can I make with Panel Champ?
The amount of money you can make with Panel Champ depends on the number of surveys that you manage to complete successfully.
Panel Champ doesn’t limit your participation in surveys like some panels do. You may accept and qualify for as many surveys as you are offered, so long as you have enough time to spend answering questions.
The average pay per study ranges from $0.50 to $2.50 depending on its length and complexity. You may also receive invites to participate in high-paying music studies that pay as much as $90 per survey. However, these lucrative surveys are rare and often reach the required quota as soon as they are advertised due to the high demand.
The reality is, just like with all survey sites, Panel Champ has a very low-income potential, due in part to the fact that you may only find yourself doing maybe one or two surveys per week. That’s because although there is no limit on the amount of surveys you can participate in, the site does not have as many survey opportunities as other platforms do.
This means that you should perhaps limit your earnings expectations to around $20 per month.
When and how does Panel Champ pay?
The minimum payout threshold depends on your demographics.
The withdrawal limit is as follows: $12.50 USD in the US and Canada, £8 in the UK, $15 NZD in New Zealand, $17 AUD in Australia, and €10 Euros in Europe.
By the way, some sites let you cash out sooner. These platforms let you cash out with $5 or less
Payment options include PayPal cash, Tango cards, prepaid Visa cards, checks, GCode and Amazon gift cards.
Check out these other earning platforms that use PayPal
Amazon gift cards are only available to UK and US residents.
What Are The Pros?
• It is free to register
• Available in over 15 countries
• Short and easy surveys
• High paying music surveys
• It has a reasonable payout threshold
• Multiple payments options ranging from PayPal cash to Amazon gift cards
What Are The Cons?
• Membership is restricted according to your demographics
• It has a very low-income potential
• No referral program
• Pre-qualification surveys are time-consuming
• It is relatively hard to qualify for tests
• Numerous complaints concerning payment delays
• Limited earning opportunities as answering survey questions is the most predominant way of making money on this site.
Check Out Our Latest Survey Platform Reviews
Is it worth your time becoming a panelist on Panel Champ?
Panel Champ isn’t any different from other survey panels. Besides answering survey questions, there is nothing new that you should expect from this platform.
What we also noticed was that the site has a very low level of transparency as it doesn’t appear to have an about us page on its website.
You will also probably be limited to about 1 or 2 surveys per week. You should therefore not expect to generate more than a very small side income from the time you spend on the site. Whether you feel your time will be well spent is of course for you to decide.
Have you tried Panel Champ? If so what did you make of it? Let us know in the comments below by sharing your experience.
Star Rating 2/5-A platform that offers you the opportunity to earn a little extra taking surveys. The earning opportunities are limited as it is a surveys only platform, and there are limited surveys.
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