When I write about passive income apps, it sometimes feels a bit strange.
However, while it might seem silly to view these apps and their meager earnings independently, the whole reason I love this topic is because of the collective potential.
I mean, if you can stack a few nifty reward apps on an old phone and on your computer, you’re looking at a decent chunk of change each year without having to lift a finger.
So, on that note, today we’re talking about one of the lesser known albeit remarkably steady apps in the beermoney space: the Placed panel app.
If you want to learn how to add this passive income app to your routine, be sure to read our Panel app review until the end!
Panel App Review - The Facts
Name: Panel App
Description: The Placed Panel app pays you for selling your data. Run this app in the background of your phone and answer occasional surveys to earn a few free gift cards per year.
Offer price: Free
Operating System: Android, IOS
Application Category: Rewards
Author: Tom Blake
Ease of Use
What Is Panel App?
If you’ve ever used apps like MobileXpression and Mobile Performance Meter, you’ll understand exactly what Panel app is all about.
Panel app is owned by Placed, a company that focuses on location-based attribution for sales and advertising efforts.
In other words, Placed is interested in helping businesses learn more about where their customers make purchases, when they purchase, and what factors influence their decisions.
Panel app is one way Placed collects data.
One you install the Panel app, it runs in the background of your device to collect information about where you travel. Like other data collection apps, you’re compensated for selling this data back to Placed.
How Much Money Does Panel App Pay? – Earning Potential
Alright, time for the real meat and potatoes of this Panel app review.
For starters, there are 2 main ways to make money with the Panel app: data collection and answering surveys.
If you just run the app in the background of your phone, you earn roughly 22 to 33 Panel points per day.
It takes 1,500 points to redeem a $1 gift card, so this is a bit less than $1 per month (lol).
So, right off the bat, if you don’t do anything besides sell your data, this app is one of the lower-paying passive income apps around.
Now, if you answer surveys, you can often double your daily earnings.
Surveys typically ask you questions about nearby businesses you’ve traveled by, although surveys can also ask questions about your education, travel plans, and other demographic points of interest.
Note, this isn’t the same as taking online surveys. Most surveys are 1 to 5 questions and there’s no disqualification annoyances.
Ultimately, if you throw surveys into the mix, Panel app is probably a $20 per year app provided you are diligent with the surveys and leave the app running in the background.
Extra Reading – The Best Android Apps That Pay.
Panel App Requirements
If you want to join this mobile research panel, there’s a few requirements to keep in mind.
Currently, to make money with Panel app, you must:
- Be at least 14 years old.
- Live in Canada, the United States, the UK, or Australia.
- Have an IOS phone (8 or newer) or Android device (4.0.3 or newer)
You create a Panel app account with your email and by entering your birthday. After you verify your email, you’re ready to start earning!
Panel App recently upped the amount of points it takes to redeem rewards, which is pretty unfortunate.
However, if you’re patient, you can still redeem several free gift cards per year without any effort.
Currently, here are Panel app’s guaranteed rewards:
- $1 Amazon Gift Card – 1,500 points.
- $2 Amazon Gift Card – 3,000 points.
- $5 Amazon Gift Card – 7,500 points.
- $5 Prepaid Visa – 7,500 points.
- $5 Starbucks Gift Card – 10,000 points.
Additionally, you can also spend your panel points on entering monthly sweepstakes.
Common sweepstake prizes include higher free gift card amounts, gaming consoles, and prepaid visas.
In my opinion, you’re better off taking the guaranteed free money but hey, maybe you’re feeling lucky!
Extra Reading – How to Get Free Starbucks Gift Cards.
How Much I’ve Made With Panel App
When I was phone farming, I ran Panel app on several of my burner phones for about a year.
I still have Panel app on my passive income phone, but I’m not running the app en-masse by any means.
However, in that time, I was still able to make about $30 from Panel app between the earnings from 2-3 accounts and a few referrals (more on this later).
All of those emails are for $1 or $2 Amazon gift card rewards.
It doesn’t seem like much, and again, this is one of the lower-paying passive income apps out there.
However, if you’re already running these sorts of apps, this is another easy $20 per year or so for your routine!
Panel App Referral Code
I mentioned referral codes, and this is yet another way to make money with this app…or at least, you’d think so at first glance.
If you refer users to Panel app, you gain a percentage of the points they earn.
Panel app doesn’t specify what percentage this is, but from my experience, even a few dozen referrals barely makes a dent in your earnings.
You also don’t gain anything by signing up with a Panel app referral code or using someone’s link, so I’m not mentioning it here.
Is Panel App Legit?
I have enough payment proof for this app to know that Panel app is legit.
All of my gift card rewards went through, even if it took a week or two.
It’s also a fairly well-known app in the Reddit beermoney community, for better or worse.
The real question is: is Panel app worth your time?
Well, my stance is, once again, that it’s an easy-add on app if you’re already generating passive income with an old phone.
If you’re just going to install Panel app on your main phone and aren’t running anything else, expect $12 to $20 per year in free gift cards and nothing more.
Other Panel App Reviews
As usual, I like to turn to beermoney experts on Reddit whenever I review one of these apps.
This thread highlights the reality of Panel app: it’s slow, but it works:
The original poster of the thread earned an incredibly low number of points over the 2 years, and that’s kinda the gist of the comment section.
And, as I mentioned, people are quick to point out that Mobile Performance Meter and S`mores are more lucrative apps to try.
However, people do earn free gift cards with Panel app.
Once again, I don’t think there’s any harm in giving the app a try, especially if you already have a burner phone.
Just know that there are better apps out there that you should prioritize!
Other Apps To Consider
If you want to maximize how many free gift cards you earn per year, consider some of the following reward apps and websites:
Install the following apps on a burner phone if possible, unless you don’t mind having them on your main phone!
- MobileXpression – Earn about $30 to $40 per year, provided the app keeps working (it’s finicky).
- Mobile Performance Meter – A steady $36.50 per year.
- S`more App – Another $36.50 per year.
- Drop – A nifty cashback rewards app where you earn for shopping and playing games.
- Pei – A completely passive version of Drop that lets you earn cashback for shopping at Pei partners.
Browser Extensions & Research Panels
If you spend more time on your computer, you also have options:
- Capital One Shopping Extension – This shopping browser extension makes it easy to automatically find coupons, save money, and earn reward credits that you can exchange for free gift cards. Note that Capital One Shopping compensates us for using the provided link.
- Rakuten – One of the most lucrative cashback rewards platforms in the business.
- Honey Extension – Honey is similar to Capital One Shopping, and it’s an easy way to find coupons and automatically score cash back via Honey Gold.
- UpVoice – Earn approximately $75 per year for browsing the web as you normally would with this research panel.
None of these programs will make you rich, but if you combine a few of them, hopefully you’ll have some free gift cards to treat yourself or someone else you care about by the end of the year.
I decided to write this Panel app review because a decent number of people search for this term every month and I think there’s some confusion surrounding the app.
Panel app is a painfully slow earner, and there’s nothing you can do to change that.
There’s no Panel app hack or extra method to boost your points. $12 to $20 per year is really the most you should expect from this app.
If you already have a passive income setup going, I suggest throwing this app into the mix!
Otherwise, I recommend steering clear of Panel app and focusing on apps that pay more.
And, as always, if you want to make more considerable amounts of money, I suggest checking out my posts on:
That’s all for this one!
I’ll catch you guys in the next one.
Tom is a 23 year old recent college graduate from Canada with a passion for side hustling, passive income, and marketing. This Online World is all about providing people with honest ways to make and save more money by using technology. To learn more about Tom, read his About Page!
If you’re interested in freelance writing services or want to partner with This Online World, please visit Tom Blake Digital to get in touch!