Panda Research Review
Panda Research, established in 2005, is a leading online market research company that rewards users for participating in surveys. With a diverse array of earning opportunities beyond just surveys, it has gained popularity among users seeking to earn cash in various ways. Is it easy to join and a great way to start earning money immediately!
Safe & Legit
Pay Per Survey
Earning Potential
Payout Process
Pros
- Potential $3 sign up bonus
- Many survey invitations and paid emails sent regularly
- PayPal cashout
- High paying surveys up to $75.
Cons
- Low customer service support
- High payment threshold with complex pay structure
- 30 days mandatory payment waiting period
Are you looking for a way to make money online? If so, you have probably heard of Panda Research. Panda Research is a popular paid survey site that claims to pay users for completing surveys. But is it legit or a scam? This review delves into the credibility of Panda Research, examining its legitimacy as a means of earning extra money.
What Is Panda Research?
Panda Research is an online market research company that pays you for taking surveys. It was founded in 2005 and has become one of the most popular survey sites. The company behind it also operates other well-known paid survey brands, such as Mindspay. It is free to join, and you can earn money immediately.
Their goal is to offer market research for other brands. When you participate in one of their surveys, you play a vital role in shaping these brands. Your answers contribute to market research that helps brands make informed decisions about products and services.
The platform is open to all residents of the United States who are 18 or over. It requires users to join using their personal information and allows one account per valid email address. Any attempt to create multiple accounts to cheat the system will result in the termination of all active accounts and forfeiture of earnings.
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Panda Research is a legit paid survey site that pays you for completing surveys. Get Paid for sharing your opinions!
How To Earn Rewards?
Joining Panda Research allows users to match with relevant surveys tailored to their profile. However, the platform also offers alternative ways to earn money for those who may only qualify for fewer surveys. Along with surveys, members can earn cash by participating in other earning opportunities, such as:
- Reading paid emails
- Using discounts and promotions
- Referrals
- Completing free and paid offers
How To Sign Up For Panda Research?
Users who want to participate in surveys must sign up by completing a registration form on the website. The registration process starts by requesting a valid email address, followed by personal information such as name and date of birth. Signing up will qualify users for a $3 bonus which they will receive upon profile completion. Once the account is activated, users will receive survey invitations via email. Users should use an active email address to ensure they catch all survey opportunities. Individuals can unsubscribe at any point if they determine the site is unsuitable.
Before participating in any survey, users must first qualify by answering a brief questionnaire to determine eligibility. Panda Research credits the user’s account with the specified amount after completing the survey. Compensation will occur when the user fully completes the survey. Users who do not qualify based on their questionnaire responses will not receive payment.
Features Of Panda Research
Registration Bonus
New members can earn a sign-up bonus by completing a quick survey during registration. Those eligible can make $3 from this survey. It is vital to remember that not everyone will qualify for the sign-up bonus. Nevertheless, it is still worth participating to be in with a chance.
Referrals
Panda Research rewards members for referring friends and family. Users can earn 10% of referrals’ earnings, not including earnings from paid emails. For example, if a referral makes $30 from offers, $20 from surveys, and $10 from paid emails, you earn $5 when they cash out.
Exclusive Promotions and Discounts
The platform awards active members exclusive discounts and promotions on products or services. Users should actively participate in surveys and other activities to receive these offers. Additionally, completing these surveys and offers gives members a chance to win prizes through giveaways and sweepstakes. Many of these offers arrive through email correspondence, so remain vigilant for these!
Spam Control
Panda Research has implemented a comprehensive anti-spam policy, unlike other survey platforms, to protect potential members from unwanted emails and links.
How Much Can You Earn with Panda Research?
Earning money with Panda Research can be a way to make some extra cash, but it will not be a significant source of income. The limited number of opportunities will make it difficult to reach the high payout threshold it has in place. Users’ complaints about the payment process are worth considering before committing to the platform.
Users’ can accumulate funds based on the number of surveys qualified. On average, expect to make around $5 to $10 per week on Panda Research, depending on the number of surveys taken. Most surveys pay between $1.50 to $3 and take 10-15 minutes to complete. Some higher-paying surveys can pay $10 to $20 but take up to an hour or more to complete. The highest-paying surveys are rare to qualify for and can take several hours to finish. However, these tend to pay up to $75.
How To Get Paid By Panda Research?
Panda Research uses PayPal as the sole method of transferring payments. Members should set up their PayPal email address correctly to ensure payment receipt, and only completed surveys will be paid. Earnings for completed surveys are usually visible in the account within 24 hours. Paid offers work similarly, but confirmation of completion may take up to a week. Any surveys with technical difficulties or issues with tracking completion may result in non-payment.
The minimum payout amount is $50, with $25 coming from completed offers. Payments are made twice per month on the 1st and 15th, but new account holders have a mandatory 30-day wait period. Lastly, users must trigger payments in $50 multiples and verify their phone number before receiving payment.
Is Panda Research Legit Or A Scam?
Panda Research is a legit survey site that has been around since 2005. While it does pay its members, the wait time for payments may be longer than expected. Due to longer wait times for survey approvals and payout threshold, there may be better choices as a primary survey site. However, it can be a good option for earning extra cash as a backup site. It is worth signing up for other paid survey sites with lower payout thresholds, such as Swagbucks or Survey Junkie.
Final Thoughts
Panda Research offers a legit way to earn money through surveys and offers. However, there may be more reliable options for paid survey sites. This survey site will be excellent as a backup option for extra cash. While it may provide high-paying surveys, the site has mixed reviews and inconsistent payouts. Nevertheless, it is important to consider the high payout threshold as a factor in trying other paid survey sites with lower prospects – check our list below!
