Specpan Review – Just Your Ordinary Survey Panel

Specpan is a paid survey panel found through specpancommunity.com. They are a paid survey panel hired by their clients to gather shopping and purchasing information from users (that’s you). 

To generate these information, they’ll need you to answer surveys. Surveys are meant to gather the following: 

1. Purchasing habits
2. Preferred product brands
3. Your most used product brands

And more. 

These surveys are tailored for particular demographics so you won’t always access them. 

Once you complete surveys, you’ll be awarded points and then use these points to redeem prizes.

Signing up for Specpan is free. Much like your typical survey panels, you’ll need to fill up a demographic questionnaire on your first sign up. 

This questionnaire will determine how you qualify for future surveys. 

You’ll then be able to login to your account once this process is done. 

There’s nothing shady going on here because they don’t really ask for any sensitive personal information. 

To determine if a paid survey panel is a scam, you just need to look at three things: 

1. They’re asking for payment upon signing up
2. They ask for information such as Social Security, credit card info, and others. 
3. They promise a lot of money for doing a survey

Seeing just one of these red flags should convince you to stop signing up for the program. 

Earning Opportunity - Paid Surveys!

Specpan only offers one way to make money and that’s through doing paid surveys. 

These surveys are third-party generated, meaning they’re not from Specpan. Rather, they come from Specpan’s clients who are looking for consumer information. 

You’ll find these surveys in your member’s area, and from your email notifications as well. 

Each paid survey will offer rewards for completing them, which will come in the form of points. You use these points to convert into real life money and then be able to cash out via gift cards or debit cards. 

Some surveys will also have pre-qualifying questionnaires which you’ll need to complete. If you don’t qualify for the survey but you answered the questionnaire, you’ll be awarded a few points for your time. 

Specpan surveys also vary in terms of topics. You’ll get surveys about your job, hobbies, and other areas of interest on top of shopping and purchasing habits. 

How Do You Get Paid?

As I mentioned, you get points for completing surveys from Specpan. These points are accumulated up to 2500 points (equivalent to $25) and you’ll be able to cash out through a Virtual MasterCard or Amazon e-voucher. 

They don’t offer PayPal as of this writing. 

How Much Money Can You Make?

Each survey is worth about 500 to 2,000 points, but the more points a survey is worth, the longer it will take you to complete them. 

On average you’re looking at about 10 to 15 minutes to complete these surveys. The pre-qualification questionnaire might take you an extra 5 minutes.

Specpan is not meant for people looking for a full-time income. Paid survey sites will never be able to give you that. There are a handful of survey sites we’ve reviewed that offer way more than their competitors, so feel free to check these out instead:

1. Survey Junkie
2. Prize Rebel
3. OfferNation

#1 Time-Consuming!

Specpan and most survey sites will take up a lot of your time before you can make a decent income. We’re talking about a couple of hours to make the equivalent of an hourly minimum wage rate. 

#2 Low Income Potential

Make no mistake, the income potential here is quite low. We’re talking about making a few bucks for a week’s worth of work. 

There are several factors behind this. First, you’re not going to qualify for all of the surveys. Second, there’s no guarantee that surveys are paying you the maximum amount possible. Remember, you’re getting surveys that pay out in cents most of the time.

#3 High Payout Threshold!

They have a high payout threshold, and if you combine this with their income potential, it will take you a few months before you can reach the $25 amount. 

This is standard operating procedure for legitimate survey sites, and $25 is about the industry average. You’ll see a few offering $10 to $15 minimum requirement, but these are quite rare.

Specpan is your typical survey program. There’s just nothing to like here. They don’t have anything unique to offer to their users, nor do they have something remarkable in terms of their income opportunity.

Specpan is a legitimate paid survey panel, but there’s nothing really unique or anything of value here being offered. 

Much like other survey sites, the income potential is low and they have a high withdrawal threshold. This makes it impossible for you to generate a consistent stream of income. 

You’re looking at a few bucks a week, and a few months to get to $25.

But if you just want to mess around with a site that gives you a few bucks, then feel free to try it out. Or check out the sites that we listed above.