PanelBucks Review: Is It Legit or a Scam?
WFHR EditorLast updated: November 28, 2024
Panel Bucks claims to provide surveys daily so you can make an income working from home. How good are those surveys, and what can you expect from them? This review will discover whether Panel Bucks is a legitimate paid survey site or a scam.
The website even says you will get a $25 credit just for signing up. So, will you make money with this system or lose time you will never return? Is Panel Bucks a scam? Let’s find out!
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What is PanelBucks?
PanelBucks ‘pretends’ to be a legitimate survey website that pays users for their opinions. It is not even a survey site. It gets users to give them their emails and then asks them to join random survey websites. This is how referral marketing works.
The website will show a list of survey sites (their affiliate links). You click on a link, join, or make a purchase, and these guys earn a commission for referring you. It’s as simple as that.
There’s nothing wrong with sending referrals to websites you are affiliated with, but at least make the process smooth and remain ethical. PanelBucks redirects users to phishing sites that are anything but legitimate. They aim to make money off you and not help you make some dough online.
We were presented with this malware upon clicking one of their ‘legit’ survey links.
It is just some junk website pretending to look legit to bank on Microsoft’s popularity and reputation and cheat with users. The goal is to get the users to fill out a form or download software.
A general rule of thumb is always to verify the web page URL you are browsing. If the website says something and the URL something else, it’s time to close the browser tab ASAP. Those are often infected with malware/viruses, and it’s never a good idea to continue browsing through them.
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Company History
The company’s website contains little information about its service. The only way to contact the site’s administrators is via their email addresses. To be honest, we thought this site was a cheap knock on PanelPlace.
We also had the impression the company was misrepresenting what it was selling. After all, commercial offers should be distinctive. In addition, the organization says you can earn up to $25 just for signing up.
They don’t say this is only true if other survey sites offer a registration bonus. It has nothing to do with being a member of this website.
My first impressions are that this new company is still experimenting with its website. The lack of information about the company on the website is always a red flag.
What’s In It For You?
These survey aggregators assign you the task of visiting a website or testing a product and then providing feedback. In exchange, you will be compensated in cash or with incentives such as an Amazon gift card. Payout rates, payment options, and payment limits vary for survey companies.
The main premise is that the more actual survey sites you join through Panel Bucks, the more paid surveys you can access. And to make this process worthwhile, you have to complete a large number of online surveys.
It’s an excellent opportunity for a stay-at-home parent or a university student. It is probably most appealing to someone who does not have continuous hours per day for a full-time job but instead has 15-20 minute intervals throughout the day.
See Related: Cinchbucks Review: Is It Legit or a Scam?
How To Join Panel Bucks?
The signup process is simple. Enter your name and email address on the Panel Bucks website’s home screen. After that, you’ll be registered to get survey emails from Panel Bucks or another survey company.
The drawback is that Panelbucks is only available in four countries: the United States, the United Kingdom, Australia, and Canada. It’s not shocking, given that many market research firms only conduct paid surveys in these regions.
After you sign up, things become complicated. The website transforms into a search engine, and each click earns a commission from one of these third parties.
See Related: Fiverr Review: Is It Legit or a Scam?
How PanelBucks Works
Unless you skipped this section, you understand how PanelBucks works well. The only person who benefits from this is the website owner since his website is asking visitors to go to random websites and sign up.
The website itself does not provide surveys. It is responsible for monitoring the actual survey sites and posting the surveys on its websites so members can access them. Consider it a type of Google that concentrates on survey sites.
You go to the website and go through the survey options. The more people he signs up through his ‘survey site,’ the more he earns. You don’t receive any $25 signup bonus either; it’s just a fake incentive to the visitors, so they share their email address with the owner, and he can send you more spam in the future (via emails) and continue to bank hard.
The Panelbucks website even claims you can make up to $80 per review, which is inaccurate. Most legitimate paid survey websites, like Radial Insight, pay between $2 and $4 per survey.
If you see anything promising big numbers, it’s a massive red flag indicating that you should stay away from it. If something is too good to be true, it is.
There are many ways to make money online. Every method works, but you must put in the time and effort. Affiliate marketing is one of the most promising business models; it has been going strong for a decade.
With surveys, you can’t expect to escape the rat race or hope for an early retirement. You just can’t.
What Can You Get With Panel Bucks?
As mentioned in the review, Panel Bucks is a survey aggregator. This means the main item you’ll discover in the member’s section is a list of other survey sites on which you may participate.
The list isn’t long, but the problem is that you won’t get much information to help you choose the finest possibilities. Not only that, but they advertise a number of terrible survey sites that are a waste of time.
A few worthwhile sites are on the list, but most are not.
Also, if you look into it, most of them, like Panel Bucks, are survey aggregators. It means that you join Panel Bucks to gain access to a list of legitimately paid survey sites.
If you follow their advice, you might believe you can earn money on one of those survey websites. The truth is that they are only providing you with access to a list of survey websites you must join.
Going to the survey sites where you can legitimately earn money will be challenging.
Is it Possible to Earn Money from Panel Bucks?
The answer is NO. You will not gain anything at Panel Bucks. The only person who will profit from this website is the proprietor, who will earn commissions from third-party websites.
The owner most likely advertises the website in many free internet locations and directs traffic to the landing page. Now that they have your email address, they will send you various offers that will swindle or hack you.
The site purports to be a survey site, but the truth is that it will transfer you to another survey site, the legitimacy of which is unknown.
You could gain money from some of the websites they promote, but before you join, research to verify if the website is legitimate.
As I stated in my Panel Bucks review, you can earn money on some of these survey websites, but on others, you will have access to more offers that need you to visit other websites.
How much money can you expect to make?
You’ve probably realized by now that you won’t make any money with Panel Bucks. But how much money can you make if you follow some of their tips and join other sites?
In my experience, the survey sites that Panel Bucks recommends are far from the finest. You can make some money on some sites, but remember that many landing pages they advertise are poor survey sites.
As a result, you will not have access to large earning opportunities, and you may spend a significant amount of time testing the offers they promote to identify the ones that are genuinely worth it.
Panel Bucks Pros
- They provide various ways to make money through survey sites.
- The site has a very good filtering system for fraud and dead links.
- You can make good money if you sign up for all the legitimate survey sites recommended by the site.
- Signing up is completely free, and no personal information is required.
Panel Bucks Cons
- Its signup process is time-consuming due to the numerous partner offers.
- You may come across a scam site, or the sites you are attempting to gain money may be deceptive.
- They will not hold you accountable for your revenue.
- There are too many suspicious practices on the site.
- The site inflates your earnings, which may lead to unscrupulous signups.
- It is an aggregator, not the survey developer.
- There are insufficient bids to make it profitable.
- To complete surveys, you must first register with numerous websites.
- Running many web pages at once can be perplexing.
- No social media platforms
- No support
- A lot of the promotional offers have nothing to do with surveys
- No in-depth information
Final Words – Is Panel Bucks Legit?
Technically speaking, Panelbucks is not a scam. The concept they are using, referring people to websites, is a good marketing tactic, but they are doing it unethically. If you consider that one thing alone, you will want to avoid it at all costs.
Visiting third-party websites can potentially harm your computer and infect it with malware that can steal sensitive information. It’s always preferred to stay in a safe environment and visit reputed websites.
If you want to work from home, you should acquire real skills and put in the work. Making money online is possible, but you must work and give it time. That’s the closest thing to a magic pill.
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Want to Make Money Online?
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FAQs
Who Can Join Panel Bucks?
According to their terms and conditions, you must be 18 and live in the United States to join Panel Bucks. You cannot join if you do not reside in the United States, but you may sign up if you do.
If you want to join Panel Bucks, use a fake email address first to test its functionality and legitimacy.
Is There Any Support For Panel Bucks?
Panel Bucks do not have any customer support. It is a major red flag on this website because who would you contact if you have a concern or if something goes wrong?
They have no social media presence, which is crucial because having social media allows you to ask a question or receive support if you are having difficulty with something. But there isn’t even one with Panel Bucks. That is why you should avoid this website; it will do nothing but cause trouble.
What’s Up with The $25 Sign-Up Bonus?
The $25 sign-up bonus chance that individuals receive when signing up with Panel Bucks was something that caught my eye on their website. Who doesn’t like the concept of being able to bank $25 for free?
I’m sorry to shatter your bubble, but if you read the tiny print, they don’t actually give out a $25 incentive at all, and this payment is contingent on which survey firm you join. Some online survey businesses, such as Inboxdollars, may instantly credit your account with a $5 bonus when you sign up, while others may offer extra incentives, such as a $25 bonus.
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