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The Panel Station Review
The Panel Station is a very popular market research company that gathers feedback about various products and services to help businesses improve. You can join the platform as a survey participant to earn some cash for sharing your opinions. It is free to join and you can register an account in under 10 minutes by providing your information. You can then start earning up to $16.66 per survey.
- High earnings potential – surveys take anywhere between a few seconds to 1 hour and can pay between 100 to 5000 points (3000 points are worth $10).
- Low minimum withdrawal threshold – you can request to cash out your earnings for rewards once you have accumulated at least $10 in your account.
- Choose from 4 different payout options – including PayPal transfers, Amazon gift cards, retail vouchers, and entries for sweepstakes contests.
- Get points even if disqualified – even if you are screened out of a survey, you won’t walk away empty handed and you’ll get 20 points for your time.
- Limited surveys available – on average, most users only receive 2 survey invitations per week, making it hard to earn a reliable source of income.
- Most surveys fill up quickly – popular surveys typically hit their quota within 15 to 30 minutes from the time that they appear on the platform.
Best Paying Survey Sites
$0.50 – $3 on average per survey with bonus points ($1 sign up bonus)
Average survey length is 10-20 minutes and minimum payout is $10
Collect rewards in PayPal, Direct Deposit or gift cards (100+ brands)
$1 – $3 per survey + extra ways to earn up to $100 with focus groups
Each survey time varies, but on average it takes 15 minutes to complete
Redeem rewards using PayPal, e-giftcards or bank transfer ($5 min)
What is The Panel Station & How Does It Work?
The Panel Station provides an online community where consumers like you can share their views and opinions about certain products by participating in market research surveys.
Since sharing your honest opinion helps companies to improve their products and services, they reward you with points. You can redeem your points for cash once you’ve reached a certain withdrawal threshold.
How Much Can You Realistically Earn with The Panel Station?
How much you can earn with The Panel Station completely depends on how many surveys you’ll participate in.
Generally, surveys take anywhere from a few minutes up to an hour. And depending on its size, you’ll be earning between $0.33 and $16.6.
Pro tip: Focus on taking longer surveys and completing them quickly to increase your earning potential.
How to Make Money with The Panel Station?
Step 1 – Register
Obviously, the very first thing you have to do to start earning money with The Panel Station is to make a registration.
You simply have to fill out a short registration form with basic information like your name, email address, and some demographics. Once you do that, you’ll be emailed your unique login details, which you can change at any time.
Step 2 – Take Surveys
Now that you’ve logged into the platform, it’s time to earn points by taking surveys. First, you’ll receive some surveys that are designed to build your profile and get a better understanding of your interests and preferences. This helps the platform show you tailored surveys to your interests in the future.
After you’ve completed the profile-building survey, you’ll get access to participate in regular surveys. The time you need to complete surveys varies from just a few minutes all the way up to an hour. Accordingly, you’ll earn points in the range of 100 and 5,000 per survey.
Step 3 – Get Rewarded
As soon as you’ve completed the survey, you’ll claim your points immediately.
And after you’ve accumulated 3,000 points (equal to $10) you can redeem them for:
- Amazon gift cards
- PayPal cash
- Retail e-vouchers
- Sweepstakes entries
Step 4 – Share With Friends
To maximize your earning potential The Panel Station offers a referral program. This allows you to earn a 500 points ($1.6) bonus each time your friend joins the platform.
The Panel Station Survey Taking Experience
Survey Lengths & Frequency
Most surveys you’ll find on The Panel Station take approximately 12-15 minutes to complete. Obviously, the longer the survey, the more points you can accumulate.
Note that you’ll receive approximately 2 survey invitations per week.
Let’s check out how much your accumulated points are worth.
|3,000 Points||5,000 Points||8,000 Points|
More Ways to Earn Points
Even when you’re disqualified or screened-out of a survey, you’ll still get 20 points just for trying.
Additionally, you’ll also have a chance to earn points when you participate in discussion threads, or when you update your profile.
Is The Panel Station Legit & Safe to Use?
The Panel Station is a completely legit platform that you can use safely. It provides what it offers – lets you earn money for completing online surveys.
However, if we take a look at The Panel Station reviews online, we’ll see that many users complain about the app having issues.
Let’s take a look at how the app users rate The Panel Station on different platforms:
|Google Play||3.2 out of the 5-star rating|
|App Store||2.5 out of the 5-star rating|
|Trustpilot||1.9 out of the 5-star rating|
The Panel Station Pros & Cons
- Low withdrawal threshold of $10
- Easy way to make money
- 4 payout options – Amazon gift card, PayPal, e-vouchers, and sweepstake entries
- Earn points even when you disqualify for a survey
- Only limited amount of surveys are available
- Low earning potential
The Panel Station Review Verdict: Is The Panel Station Worth It?
The Panel Station is definitely a legit platform that pays you for sharing your opinion using online surveys. However, you should note that this paid surveys site has quite a low earning potential compared to its alternatives.
In general, it’s not a bad idea to give The Panel Station a try along with other survey sites.
Pro tip: Sign up for The Panel Station alternatives as well to diversify and maximize your earnings.
The Panel Station Alternatives
The Panel Station vs. Swagbucks
Swagbucks is one of the leading paid survey sites that’s available within the United States. In fact, this platform offers 18 different ways of earning money online, including completing surveys, watching videos, and much more. However, you have to qualify for the surveys in order to earn money with Swagbucks, while The Panel Station pays you even when you don’t qualify.
The Panel Station vs. MyPoints
Just like The Panel Station, MyPoints also rewards you for completing surveys. But compared to The Panel Station, MyPoints has a relatively high withdrawal threshold of $25.
The Panel Station vs. PrizeRebel
PrizeRebel is another great alternative to The Panel Station when it comes to getting paid for completing surveys. Nevertheless, PrizeRebel is more time-consuming and sometimes it’s hard to find a survey that would match your profile.
Alternative Survey Sites
Panel Station FAQ
How does the Panel Station points work?
The Panel Station points are redeemable for Amazon gift cards or PayPal cash. 3,000 PanelStation points equal $10, 5,000 points – $15, and 8,000 points are worth $25.
Does the Panel Station offer a mobile app?
Yes. You can download The Panel Station app on your iPhone and Android smartphone and complete surveys on the go.