A reader recently asked me what I thought about The Panel Station survey site as a way to make money online.
It didn’t take me long to realise that if I wanted to earn a full-time income from this site I would have to work 70+ hours a week just to get close to the $70 mark.
I get tired of survey sites that give people the impression taking surveys for cash is quick and easy and if someone earns $5 a month they should be grateful, so I decided to do a bit of digging to find out more.
In this Panel Station review I’ll be asking the questions: Is Panel Station or scam or a legit money maker, a goldmine of waste of time?
I am not an affiliate for The Panel Station. You’ll find most Panel Station reviews are from people looking to make money by signing you up – I am not one of those.
I’m just a blogger who is looking to give my readers the best chances of success online by finding out what works and what doesn’t.
What is The Panel Station?
The Panel Station is an India-based rewards program that was launched in 2008 by Praveen Gupta. Today they boast a membership of 2.7 million from people all around the world.
The basic concept is companies and business owners are looking to get consumer feedback and opinions to help them improve and develop their products.
By answering questions and taking surveys you accumulate points. Once you reach the 3,000 point limit you can withdraw for gift cards or a cash deposit via PayPal.
The Panel Station review
After reading all about it I decided to give The Panel Station a try to see if you can really make money with them or not, so I went over to the website and clicked on “Sign up!”
Then I was asked to fill out a standard form with my name and date of birth, city of residence and employment status.
I confirmed I wasn’t a robot, ticked that I’d read the Terms and Conditions (I didn’t, but maybe I should’ve) and hit the submit button.
After that I just needed to confirm my email, checked my inbox and there it was straight away. Seems straightforward enough so far.
Immediately after I was emailed with my log in details – time to check out the member’s area and start earning some money (I thought).
And then I hit a brick wall – first time into the member’s area and I was told “There is no survey for you at present.”
Not exactly a great start…
I thought I’d try answering the poll, maybe that would open up some surveys but it just thanked me for my reply and nothing else.
Perhaps it’s because I’m in the UK? Maybe there would be some surveys available for people in the US? I have no clue.
I wanted to give you an example of a survey and try it out so I could give you an idea of how long it’s going to take you to get to the minimum 3,000 point cash out limit, but as you can see there’s nothing I can do.
So I’ve just wasted 10 minutes signing up, handing over my personal information and confirming my registration for what?
How much can you realistically earn?
For me this is a really straightforward answer – if there are no surveys you’re chance of making money is nil, nada, nothing!
Nichole over at CollegeDilema.com says she made 3,000 points in a 3-month period, but she was never able to pay out (see the common complaints below)
3,000 points equates to just $5.
So let’s say there are surveys available in your area all the time and you qualify, $20 per year is about the amount you can expect to earn – so this is definitely not something you can full-time.
Plus, it’s going to take up an awful lot of time to work towards that 3,000 point limit. Seems to me like it’s just not worth the time and bother, especially when there’s a lot of better ways to earn money online.
What others are saying
By poking around on the internet, I found other Panel Station reviews clearly showing that there are a lot of very unhappy member’s out there.
After reading dozens of complaints, there are just a handful of issues that keep coming up again and again…
Spending time completing a survey only to be told you not getting paid
I can’t think of anything more frustrating then spending 30 minutes trying to give your best answers in a survey then to finally reach the end only to be told you won’t be getting paid due to an app glitch or you don’t meet the criteria.
Here are just a few of the many Panel Station complaints found on SurveyPolice.com:Being told you’re not able to qualify for a survey
These user reviews from ComplaintBoard found themselves frustrated over the qualifying process.
As is the case with many paid survey sites, instead of asking you more questions at the sign up stage so they can send you surveys you’re eligible for, they ask you to do pre-qualifiers each time and at the end of it you probably won’t qualify.
This means you’re basically working for free and after spending many hours doing this could find yourself with nothing to show for it.
They find excuses not to pay you
Probably the complaint I’ve read about the most if from angry users who had their accounts suddenly shut down for no reason, usually right before they reached the minimum 3,000 points withdrawal limit.
These reviews left with MouthShut.com are very typical:
Is Panel Station A Scam? No. Is It Worth Your Time? No.
I’m not going to call The Panel Station a scam but it’s certainly not worth my time and I won’t be logging in again.
I’ve been reviewing a lot of paid survey sites recently to see if I can find the best one for my readers. Up to this point, Swagbucks is coming out on top though at best, all you can earn is an extra $20-$30 per month.
I’m trying to find out if survey taking is something you can do to earn money online full-time. So far the consensus has been that taking surveys is a lot of hassle, very time-consuming and for very little pay. On average taking surveys pays between $0.25 – $1 per hour.
For this reason The Panel Station has more users in India than anywhere else. The currency exchange makes it slightly more worthwhile for someone living in a third world country.
At the end of the day there’s a lot of people wasting a lot of time filling out pointless surveys for peanuts and I just don’t get it. Especially when more and more people are waking up to the fact that you can start a successful internet business from the comfort of your own home.
This is exactly what I did in 2015 and I’ve never looked back. Now I make $6,000+ per month and if you take the same training I did, you can be the proud owner of a profitable and successful online business too.
If you’re serious about making real money online check out my TOP-RATED program here.
I hope you found this Panel Station review helpful. If you’ve ever had experience with this survey site or any others, I’d love to hear from you. If you have any questions at all about making money online then leave your question below and I will get back to you as quickly as I can.