Welcome to my Peanut Labs review!
Am I right? Ok…
Well, there are countless reward platforms that have partnered with Peanut Labs in order to provide paid surveys and offers.
Regardless of how you found it, you want to make sure you will get paid for your time and effort.
There is nothing worse than spending hours in front of your computer or phone without nothing to show for it.
I decided to investigate Peanut Labs to explain exactly it works and give you my honest opinion about it.
Is Peanut Labs a Scam or legit platform? Does it pay? Let’s find out.
By the way, if you want to learn the same method that earns me $1,300+/mo from my laptop, check out my #1 recommendation. Newbie-friendly and free to get started!
Peanut Labs Review
- Platform: Peanut Labs
- Website: web.peanutlabs.com
- Company: Peanut Labs, Inc. (parent company: Dynata)
- Price: Free
- Business Type: Surveys and offers provider
- Overall Rating: 2/5
What is Peanut Labs?
Peanut Labs is an offer wall operated by a marketing research company headquartered in San Francisco, CA.
The company was founded in 2007 by a team of entrepreneurs and has achieved some impressive milestones.
Here are some impressive numbers that I found:
- 2.9 million active panelists.
- 300,000 new members every month.
- $10 million rewarded every year.
- 671,000 surveys completed every month.
- 29 countries.
Peanut Lab’s strategy is very smart and different from many other survey panels.
If you visit the official website, you won’t find an option for users like you and me to create an account.
Instead, you can only have access to their survey and offers by signing up with a legit GPT partner.
When you complete any task within Peanut Labs, it pays a commission to the GPT site that you are a member of.
Then, the GPT site passes on a percentage of this commission to you in the form of points, which you can redeem for cash or gift cards.
This symbiotic interaction between two companies has proven to be very profitable for both parties.
Peanut Labs allows users to participate in marketing research surveys, purchase discounted products, sign up for free trials, download apps and watch videos.
Is Peanut Labs a Scam?
No, it isn’t. Peanut Labs is a legit offer wall that has been operated by a reputable company for more than 10 years.
That doesn’t mean you won’t have any issues, though.
On TrustPilot, Peanut Labs has been rated 1 star out of 5, which is terrible!
The main reason for such a low rating is that many users report missing points and banned accounts.
Now, because Peanut Labs is always integrated with another GPT site, it’s quite difficult or even impossible to blame one or the other for the missing points.
Many people reported having their accounts permanently terminated due to violations of their Terms of Service.
It’s practically impossible to prove that Peanut Labs is banning people at random.
However, it’s important to acknowledge that they can ban anyone for any reason if they want.
The Terms and Conditions says:
“The Company reserves the right to terminate your ability to use the Site at any time for any reason.”
Despite playing by the rules, there is always a risk of getting banned by Peanut Labs.
Here is a screenshot from 2 complaints on Trustpilot:
Another common issue is the possibility of getting disqualified halfway through surveys.
Pros & Cons
- Free to join.
- There are lots of daily surveys and offers.
- Abysmal pay rates.
- It can be hard to qualify for surveys.
- Some trial offers can be very tricky.
- There are lots of complaints on the internet.
- The company can suspend your account for any reason.
How Does it Work?
Where Can You Find Peanut Labs?
As I mentioned, Peanut Labs is integrated with many popular GPT (get-paid-to) sites.
Here is a list of the best ones:
I found that Offernation gives more points on Peanut Labs offers compared to any other GPT site!
Sign up to any of these sites and visit their offer wall section.
Usually, you will find not only Peanut Labs but also other similar offer walls such as Offer Toro, AdsendMedia, AdGateMedia, etc.
You don’t need to create another account, but you be required to answer a quick profile questionnaire to get access to surveys.
To participate in a marketing research study, you must answer a few qualifying questions.
Depending on your demographics such as age, gender, household income, education level etc., you will get disqualified.
Check out this post where I explain how you can avoid that.
Be prepared to earn less than half the minimum wage with the Peanut Labs surveys.
As you can see in the screenshot below, most surveys pay under $1 and usually take 10 – 20 minutes.
Completing trial offers may seem like an easy and quick way to make money online.
However, don’t forget that companies want to turn you into a customer, and that’s why they are paying Peanut Labs to advertise their products to you.
For example, you can unwillingly become a customer when you provide credit card information and forget to cancel your subscription to a 7-day trial.
Some offers ask you to make a purchase, in which case you need to calculate how much profit you will make. Sometimes it’s is not even worth it!
The payment options and the minimum payout threshold depend on the GPT platform that you are using.
Most sites work with PayPal and Amazon gift cards.
Peanut is a legitimate platform, but there are many complaints about it on the internet.
Not only the pay rate is incredibly low, but there is a chance you won’t get credited after completing surveys and offers.
Therefore, I don’t recommend using this Offer wall to collect points on any GPT site.
Ultimately, only you can decide if Peanut Labs is worth your time and effort.
Some people have a positive experience with it, so why not give it a try if you really need the money?
I’d just avoid offers that require a deposit.
How I Prefer to Make Money Online
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Nonetheless, this strategy is capable of giving you a sustainable and reliable income that you can rely on for years.
Only those who stick to it and persevere can succeed.
Have you tried to make money with Peanut Labs? Did you get paid?
Feel free to share your comments below this post.
See you next time!