Panda Research Review – Legit or Scam? (An In-depth Look )

Panda Research is a platform where you can get paid for taking part in market research surveys.

Unlike other platforms, Panda Research offers surveys that can be completed in just 10-15 minutes. So, if you have a few minutes to spare during the day or evening, you can take a couple of these interesting surveys and make some extra cash.

In this in-depth review, I will discuss how the Panda survey site works, what it offers, how to join, how much you can make, its pros and cons.

The purpose of this review is to help you decide whether the survey site is worth your time.  

Quick Review

What makes Panda Research shine?

  • Free membership
  • Pays out through PayPal
  • Multiple earning options
  • Pays really well
  • Decent referral commission
  • Surveys are short and interesting

Detailed Review

What Is Panda Research & How Does It Work?

Panda Research is one of the popular survey platforms and it has been in the business since 2015. It is one of the subsidiaries of A&A Marketing Inc, the organization which also owns InboxPays and a number of other businesses.

Panda survey site claimed to have paid out over $2 million to its members since inception.

Advertisers want a diverse range of customer perspectives from various backgrounds in order to have a better understanding of the market. Panda serves as a link between advertisers and customers. This enables businesses to tailor their marketing strategies and increase sales.

Panda Research members assist businesses in gaining market intelligence by offering their feedback and opinions. In return, you will get compensated for your time and effort.

See also: InboxPays Complete Review

Who Can Join Panda Research?

In order to sign up with Panda Research, you must be over 18 and a legal resident of the United States of America.

The Panda Research registration process is simple. From clicking the sign-up button to confirming your email address, the entire procedure takes only a few minutes. You will be required to submit some basic personal information like name, address, age, and so on.

All this information is necessary in order to determine your demographics and know the type of surveys suitable for you.

Unfortunately, Panda does not give a sign-up bonus like some other survey sites.

See also: Best Survey Sites With Sign Up Bonuses To Make More Money

How Much Can You Possibly Earn On Panda Research?

Before you can participate in surveys, you must first qualify. This entails completing a brief questionnaire to determine whether you are qualified to participate in a certain survey.

You won’t be able to participate in every Panda Research survey, but if you’re lucky, you may make a lot of money.

Panda Research has a reputation for handing out more money for surveys. These sorts of surveys take longer to complete, up to an hour, but you may earn around $40.

These surveys, on the other hand, are not many, and they frequently come with a sign-up offer you must do at the end of the survey.

The most frequent shorter surveys available take only 5 to 10 minutes and pay between $1.50 and $3. However, you’ll only get paid once the survey is completed. Every week, new surveys are added, but keep in mind that you may not be eligible for all of them.

How Does Panda Research Pay Its Members?

Panda Research has a set of payment terms for its “members.” Payments are scheduled on the 1st and 15th of each month through PayPal after you achieve the minimum payout of $50.

This $50 payout threshold is a bit high compared to other survey sites, so you won’t be able to cash out more than once a month unless you’re lucky enough to obtain a $40 survey.

Another thing is that Panda can only pay you a maximum of $50 once at a time. If your account balance is $55, and you request payment, $5 will be kept in your account and $50 will be sent to your PayPal account.

Clicking the “Get Paid” button and confirming your phone number to validate the payment request is all it takes to initiate a payment. Unfortunately, no gift cards option and new users must wait a minimum of 30 days before they receive their money.

See also: Best Survey Sites For Amazon Gift Cards

How Can You Make Money On Panda Research?

1. Surveys

The major earning opportunity on Panda Research is through paid surveys. The platform claims some of their polls may pay up to $40, which is a bit of a stretch in the world of online surveys.

However, other surveys can earn you somewhere between $1.50 and $3. When you compare this payment rate to other similar survey sites, these figures are really high. The rationale for such payouts, according to Panda, is that you must fulfill an offer after finishing your survey before you get rewarded.

2. Read Emails

Panda Research sends out a large number of emails with special offers and promotions.
To obtain the reward, you must first sign up for the promotion. However, be sure to double-check for any hidden charges.

It is also a good idea to avoid giving out your credit card information. Even if you sign up for a free trial, there is a risk that your credit card may be charged if you do not cancel before the end of the trial.

Other email offers require you to answer surveys or complete some tasks, and the price varies, but it’s a fantastic way to make a little extra buck.

3. Discount Offers

Panda Research participants who participate on a regular basis may be eligible for discounts and special offers. These are provided when users complete surveys, however, they are only available to participants, so strive to be as active on the site as possible.

These discounts can help you save money on products you were planning to purchase. Also, this earning option often includes freebies and sweepstakes entries.

4. Referral Program

Panda Research does have a referral program with some really good commissions. You will get 10% of any offers and surveys taken by your referral. As a result, for every $30 your friend or family member makes, you will get $3.

This bonus will not be deducted from your referral’s account; instead, Panda Research will pay you as a thank you for referring someone else.

See also: Best Ways to Get Referrals for Paid Surveys and GPT Sites

Pros

  • Free to join
  • Pays out through PayPal
  • Multiple earning options
  • Pays really well
  • Decent referral commission
  • Surveys are short and interesting

Cons

  • Offer only one payment method
  • High payout threshold
  • Geographically limited

Panda Research Alternatives

There are many other survey platforms like Panda Research that lets you take surveys and perform various research tasks in order to make money in your spare time. These sites include:

FAQs

How do I know which surveys are relevant to me?

With the Panda Research survey platform, you will be given surveys based on your specific interests, demography, or location. Panda Research takes away any guesswork when finding surveys that best fit your demography.

What kinds of surveys are there?

There are a variety of kinds of surveys that Panda Research will send your way. These surveys take about 5 to 15 minutes to complete and don’t require anything from you other than answering questions.  

Companies use these surveys to improve their products and services. Surveys can measure a variety of things. For example, they can assess the quality of your experience with a new product just launched or existing services in your area.

Can I take Panda Research surveys on my phone?

Yes. Panda survey website is optimized for mobile devices. However, you should keep in mind that if you have a choice, you should choose to take your survey on a desktop computer rather than on a phone or tablet.

What about Privacy?

The Panda survey platform takes your privacy seriously and has been created with its members in mind. They do not sell or share your data with third parties.

If privacy and security is a major concern for you, check out the privacy policy page here: https://www.pandaresearch.com/privacy.html

Conclusion

Panda Research is a LEGIT survey site that is part of a larger conglomerate that owns other well-known platforms. It has quite high-paid surveys plus a great referral program to help members make more money on the platform.

However, like every other survey site, Panda has its drawbacks. It has a high payout threshold, pays only via PayPal, and the payment process is slow.

If none of these drawbacks bother you, then Panda Research may be a decent way to make some extra money.

To make good money from online surveys, a rule of thumb is to join multiple sites. As a matter of fact, no single survey site can really make you decent money. By joining other high-paying survey sites, you will increase your chances of making more money.

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Ready To Join?

You can easily sign up with Panda Research for free. By clicking the button below, you only need your email address to get started. After that, you will need to fill out a few details, and you can begin taking high-paid surveys right away.