Welcome to my Peanut Labs review!
Am I right? Ok…
Well, countless reward platforms have partnered with Peanut Labs to provide paid surveys and offers.
Regardless of how you found it, you want to ensure you will get paid for your time and effort.
There is nothing worse than spending hours in front of your computer or phone without anything to show for it.
I decided to investigate Peanut Labs to explain precisely how it works and give you my honest opinion about it.
Is Peanut Labs a Scam or a legit platform? Does it pay? Let’s find out.
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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.
- Three hundred thousand new members every month.
- $10 million is rewarded every year.
- 671,000 surveys are completed every month.
- 29 countries.
Peanut Lab’s strategy is brilliant 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?
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No, it isn’t. Peanut Labs is a legit offer wall that has been operated by a reputable company for more than ten 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 difficult or even impossible to blame one or the other for the missing points.
Many 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 essential to acknowledge that they can ban anyone for any reason if they want.
The Terms and Conditions say:
“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 Offernation gives more points on Peanut Labs offers compared to any other GPT site!
Sign up for any of these sites and visit their offer wall section.
Usually, you will find not only Peanut Labs but other similar offer walls such as Offer Toro, AdsendMedia, AdGateMedia, etc.
You don’t need to create another account, but you are required to answer a quick profile questionnaire to access 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 typically 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 is not even worth it!
The payment options and the minimum payout threshold depend on the GPT platform 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 meager, 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 need the money?
I’d avoid offers that require a deposit.
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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!