Is Smart Panel a Scam? – No, But You Should Read This
Using Smart Panel to make a little extra money online is something that is pretty simple to do. But should you trust this place? Or is Smart Panel a scam that you should stay far away from?
If you are like me then you love to try and test out new ways to make some extra cash on the side. I do it just for the fun of it so taking a look into Smart Panel was a no-brainer. This place definitely isn’t a scam but it also might not be the opportunity that you are looking for. In this short review I’ll be going over a few things you should know before you decide to take part in Smart Panel or not.
Smart Panel Review
- Website: smartpanel.io
- Type: Research panel
- Cost to Join: Free
- Rewards: Cash via PayPal or Amazon
- Legit?: Yes
Smart Panel is a research panel that is run by Verto Analytics. This place was created to conduct research on how people use devices (tablets, smartphones, etc.) so that companies can improve their websites, apps, programs, and services.
The way that they conduct research is through their app. The app runs on your device and collects info without you doing anything.
It is free to join this panel and everyone can apply.
How It Works
This program is very similar to Cross Media Panel in the way it works and its pretty simple.
1) Sign Up
This is free to do but there is no guarantee that you will get accepted. What you need to do is go to their website to get started. You will fill out a short questionnaire and if you qualify you will be notified via email that you are accepted.
Note: They aren’t always accepting new members.
2) Download The App
You will then have to download the Smart App on your devices. You can download it on up to 3 devices as long as they are in different categories (tablet, smartphone, PC). This is free to download and is not a hassle.
Update: You can install the app on as many devices as you have.
Once the app is installed on your device(s) it will run in the background silently and collects data on your usage. It will sync automatically to transfer the data it collects to Smart Panel.
3) Earn Money
After having the app installed for 30 days you will start earning money. You will get paid every month that you are active and will also earn a “loyalty bonus” every 3 months.
You can receive your money directly to your PayPal account or by Amazon codes.
How Much Will You Make?
The amount you will make is very straightforward and it is the same for everyone.
You will get paid $5 (base pay) every month that you are an active member and have the app installed. In addition you will earn a loyalty bonus of $5 for the first month and then on the 3rd month. After that you will get a loyalty bonus of $10 on the 6th month and then every 3 months after that you will get a $15 loyalty bonus, all of which is on top of your $5/mo base pay.
I know that may be confusing so here is a little graph of how this will play out over the course of a year…
$110 in a year isn’t too bad for doing absolutely nothing right?
Is It Safe?
I know a lot of people will run away from this opportunity because they don’t like how Smart Panel will be “spying” on what they do.
But honestly I do think you can trust this place. Verto Analytics, the company behind this all, is a legit company that operates all across the globe.
They aren’t going to sell any of your personal information such as your name, email, etc. Your passwords, credit card numbers, etc will not be collected for any reason. They also follow ESOMAR Codes & Guidelines when it comes to the market research they collect.
I really wouldn’t worry about this place when it comes to privacy and safety.
Claims of Inactivity
There were several complaints I came across online of people claiming that the app would not give them credit for their activity. Apparently when they would login it was saying that they were inactive and they would receive not money because of this.
Lack of Support
Like many research panels similar to this one, the support could be better. There are numerous complaints about people having issues and contacting support to no avail. This is common with paid survey sites and other market research type sites but this place ranks on the lower end when it comes to support based on what I have seen.
Takes Up Space
Obviously the app is going to take up some space on your device. I don’t know exactly how much it takes up but it isn’t much space.
Final Thoughts & What I Recommend
Overall I do like what I see with Smart Panel and this place is definitely no scam. Sure.. there are tech problems and the support could be a lot better but this doesn’t add up to it being a scam.
Its still a really nice and easy way to make some money. The best part of it all is the simplicity of it. You don’t do anything and it pays you monthly. Sure its barely anything but still… you don’t do anything.
I would recommend this app to people that are willing to let a third party monitor their activity on their device and are looking to make a few extra bucks every month. If you worry about what they might see from your activity then this might not be a good choice.
And also if you are looking to make more money than $5 – $20/mo then this isn’t going to be a good fit for you.
If you are looking to make real money online then one thing I can suggest is that you take a look at how I make money online. I actually make a living working for myself online and I really enjoy this line of work. I have written a post on what I do to make money online, how it all works, and how others can do the same. You can click the link below to read about it if you want to.
Comments, questions, concerns??? Leave them in the comment section below and I’ll get back to you 🙂