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Is Panel App Legit? – Can You Really Make Extra Cash Using This App?

So is Panel App Legit? Well, today I’ll be providing you with my full review on the app aswell as giving you all the information you need to know before checking this app out.

I’ve had this app on my phone for some time now, at first I didn’t think much of it, but over the last couple of days, it has had a shiny new update which has made the app much better then it was before.

I’ve had it on my phone for around four months now, and funnily enough, for a couple of months in between, I forgot that the app was still on my phone. 

The reason why I never did uninstall the app was that I have been earning a passive income from the app by just letting it function in the background.

For every day you keep the app on your phone Panel app gives you points which you can use to redeem rewards.

Although you aren’t getting many points each day, it’s nice to get free rewards now and then for essentially doing nothing more than keeping the app installed on your phone.

Although There are other ways, you can make money inside the Panel App, which ill explains to you guys as I go through this review.

Without further ado, let’s find out more about Panel App

Panel App Review

Type: Get paid to complete surveys on your phone

Recommended?: Yes​​​​

Verdict: Legit

What Is Panel App?

The way these app works is different to many apps I have used in the past. Panel App collects information on the places you visit and the way you use your phone; there’s no need to worry as the information they collect is basic and fundamental.

All you will need for the app to work in the background is to have your ‘GPS’, or ‘Location’ switched on.

Panel App will then use this data and send it off to other companies. Like Market Research, these companies will pay good money to find out new information on how they can improve services and products.

Panel App currently has over 40’000 downloads on the Google play store, and a rating of 4.1, any app over 4.0 in the app store is considered good.

Who Is Available To Sign Up?

Anyone is available to sign up for panel app. To sign up all you will require is either an android or ios device

How Do You Sign Up To Panel App?

Once you’ve installed the app from the Ios/Google Play store, you can then go ahead and open the app and sign up. The sign-up page requires you to enter your Email, Phone number and a password, this is to create an account.

Otherwise, if your already have or had an account, you can ignore all that and sign in.

What Payout Can You Request and When Can You Request One?

There are two things you can do with the points you earn. You can either redeem a reward which is a choice of either Amazon, MasterCard, Visa, Google Play, PayPal and many others.

The other option being sweepstakes where you can enter a sweepstake for a few points for the chance of winning as big as a £100 Amazon gift card. 

The rewards cost between 1,230 to 6,140 points with £1 being the minimum you can withdraw, and £5 the maximum you can request at one time. Of course, if you have saved up 12,280 points then you can just redeem two £5 gift cards.

If your looking to get guaranteed rewards, then I reckon saving up for these prizes is the best way to use your points on the app. 

The other way you can spend your points is through the sweepstakes, for the price it’s definitely worth entering a couple of these especially if you don’t want to save up thousands of points for a gift card.

You can enter a sweepstake at as little as 60 points an entry for a £25 Gift Card. Taking that you can raise 60 points by having the app run in the background over two days this could be a good investment for the money.

I have cashed out about £7 in the last couple of months, and if your wondering how long it takes to receive a reward for me, I have had all my rewards through email within seven days of requesting a payout.

How Do You Start Making Money With Panel App?

There are three ways to make money using Panel App, Referring members, Simply keeping the app on your phone and surveys. Being a company primarily based in the US some opportunities available to members is much less for those who reside outside the US.

What Are The Surveys Like?

Although the majority of surveys are given out to members of the US, it is possible to get surveys elsewhere although they are very infrequent. I reside in the UK, and I’ve only received one survey in the last month.

I’m not quite sure why I haven’t had many surveys I’m just guessing that the app is designed to pick up more locations within the US and hence why members will receive more surveys.

Panel App Referral System

Panel App has a referral system that I would love to see in more survey sites and apps. Their system is two-tiered which means that not only can you earn money from your referrals but you can also earn money from their referrals as well.

I’ve used sites like Cashcrate and SurveySavvy that also offer 2 Tier Referral sections which are a huge reason why I like to use them sites.

The Panel App Positives and Negatives

The 'Good' Stuff

  • check
    Easy to earn a passive income
  • check
    Only requires you to have the app installed on your phone

The 'Not So Good' Stuff

  • close
    Points can be slow to build up

Is Panel App Legit?

Yes, it is. The company called ‘Placed’ that created the app have been amongst the business, and ever since the app was launched, they have been paying their members. The company as been in the game for over six years now which shows that they are a legitimate business.

Conclusion

I quite like this app due to the pure fact that it requires you to nothing but leaves the app running in the background. While you will certainly not make a full-time income, it’s definitely possible to at least cash out £1/2 a month. Definitely worth trying out if you haven’t already.

​My 'Worth It' Rating

What do you think to Panel App? Maybe you have tried them out

Voice your opinions and thoughts in the comment section below, I'd love to hear what you have to say!

Check Out These Similar Sites and Apps To Panel App

About the Author admin

Hi my names Josh, the owner of Best Survey Sites For Making Money. My aim is to show people legit ways to make an income online while also reviewing scams that are only out to take your money.

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