The invention discloses a pixel circuit, a driving method thereof and a display panel, and belongs to the technical field of display. The pixel circuit comprises a driving module, a threshold compensation module and an initialization module. The first end of the driving module accesses a first power
signal, and the second end of the driving module is connected with the
anode of the light-emitting device. The threshold compensation module is connected between the control end and the first end of the driving module, and a first scanning
signal is accessed; the initialization module is connected with the
anode of the light-emitting device, and accesses a first scanning
signal, a second scanning signal and an initialization signal; the initialization module is used for responding to the
effective potential of the first scanning signal and / or the
effective potential of the second scanning signal and transmitting an initialization signal to the
anode of the light-emitting device; wherein the second scanning signal has a first frequency, the refresh frequency of the pixel circuit is smaller than or equal to the first frequency, and the frequency of the first scanning signal is equal to the refresh frequency. According to the embodiment of the invention, the display effect of the display panel under low refresh frequency can be improved.