How do Amazon Pay You?

1. 67

   jenblacksheepposted 13 years ago

   This is mainly directed at people in the UK. How do you have your payment methods set on Amazon? I'm coming up to earning $50 and currently have it set on something like $100 check, but I really need the money. I know they charge in England for cashing an American check so would it make more sense for me to change my settings to say direct debit at $50 or something???

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2. 81

   cre8tiveposted 13 years ago

   Hi Jenblacksheep
   
   I'm in the same position as you i.e. UK based and coming up for my first payment. My understanding is that in the UK the only option is to be paid by cheque. There is no direct deposit option unless you have a dollar account with somewhere like Citibank.
   
   Mind you I stand to be corrected on any of this as I haven't done it yet, you really someone like SpaceyGracey, (sucessful UK based Amazonite) to answer.
   
   So that's not really much help is it ~ sorry.

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   1. 0

      EmpressFelicityposted 13 years agoin reply to this

      I did investigate this myself a week or so back but according to their online application form, you need to be earning at least £20K a year and have to provide some sort of reference from your employer.  Which lets me out of the running.  (Unless I was trying to sign up for the wrong type of account, which is always possible.)

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   2. 39

      Spacey Graceyposted 13 years agoin reply to this

      Did someone call
      
      Just kidding - Empress and Oli have it handled.
      
      Empress - Susana S said she opened a CitiBank account and I am rather rudely assuming she isn't paying in £20k a year. I am sitting tight and seeing if it works out OK for her for a couple of months, then will follow suit unless Oli has a better idea for me.
      
      I have got some tasty cheques on the way and am feeling pretty stressed about the bouncing issues Susana faced, and the fact that my banks are so vague about there charges. They say they can't tell me what it will cost til I pay the check in! Lloyds and Barclays both charged around £9 for a $300 check. Next checks will be quite a bit bigger and don't want to find out the hard way that they will be charging a high %.

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      1. 0

         EmpressFelicityposted 13 years agoin reply to this

         Ooooooh, that's outrageous.  *@$%ing banks!
         
         

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3. 0

   EmpressFelicityposted 13 years ago

   Yup, Cre8tive is right - UK Amazon affiliates can only be paid via a cheque made out in US dollars.  In these days of PayPal and international bank transfers, it's absolutely bonkers.
   
   I've set my payout threshold to $150 - I'm hoping that by the time I make payout, those issues that some UK hubbers are having with bounced cheques will have been resolved!

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4. 67

   jenblacksheepposted 13 years ago

   I'll be waiting years till I get paid from Amazon then. Only ever sold stuff on Amazon this month, last month and last Christmas (possibly just December). I suppose there's still a few weeks to go till Christmas. What is looking more promising though is my first Adsense payout! What is the payout amount in Pounds? is it £60?

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   1. 0

      EmpressFelicityposted 13 years agoin reply to this

      
      
      Yes, it's £60. If you make payout by the end of November you should get the money in your bank account on or around January 1st 2011.

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5. 67

   jenblacksheepposted 13 years ago

   Not going to make it by the end of November unless I have some seriously seriously good days, but at the rate I'm going I should make it by Christmas. It's quite exciting!

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6. 87

   IzzyMposted 13 years ago

   I'm in Spain not UK but in same boat as UK people. I set my payout level to $1000 so that I don't accumulate a host of bank charges. I finally asked my bank (Santander) to explain their charges, and they take €15 or .06%, whichever is the highest. So on $1000 it is €15, but would only be €6 if they didn't set a minimum charge. So ideally I'd want to set the cheque at $2,500 to be charged the lowest rate. That's too long away for me - I'm not earning that kind of money but hope I will one day.
   They do offer dollar accounts but those account accumulate €2 or €3 in charges every single month so not worthwhile (at least at the moment).

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   1. 61

      Peter-Jan Celisposted 13 years agoin reply to this

      Those fees are simply outrageous! 15 euro to take in some damn money!

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7. 71

   thisisoliposted 13 years ago

   When you get to a point where your are earning enough it might be mroe profitable to open up a US bank account rather than pay extortionate foreign cheque fees.

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   1. 39

      Spacey Graceyposted 13 years agoin reply to this

      Help Oli - this is what I need and I am rubbish at banks and live in a pokey little town that don't understand other countries even exist let alone have their own currencies.

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8. 60

   Hubman007posted 13 years ago

   Hello,
   
   What happens if the cheque bounces?
   
   Are amazon easy to contact for a re-issue?

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   1. 87

      Marisa Wrightposted 13 years agoin reply to this

      They're easy to contact but apparently the process to get the cheque re-issued is a nightmare.
      
      That's why I have my threshold set at $100 in spite of the fees.  I figure I'd rather get $90 in my hand than wait for a $1,000 cheque and risk having it bounce.

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9. 60

   Gina Cooleposted 13 years ago

   I'm UK based.  You can get gift vouchers for Amazon.com but then you end up having to pay transatlantic carriage.  I've now settled for the cheque option.  Pity because Ebay use PayPal - much more civilised!

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10. 59

    jenniferainposted 13 years ago

    I was under the impression that there was no fee for checks if you are not in the UK?
    
    This is what it says from the Amazon Affiliate FAQ:
    
    "If your billing address is outside the United States, and direct deposit is, therefore, unavailable to you, we will waive the $15 fee."

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    1. 87

       Marisa Wrightposted 13 years agoin reply to this

       You're right, Amazon doesn't charge you a fee - but the bank will charge a fee to deposit a foreign currency cheque.

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11. 84

    psycheskinnerposted 13 years ago

    Bank fees for depositing foreign checks are unpredictable and quite high.  Pity Amazon won't use any real international option (bank check, paypal, direct deposit, local check etc etc)

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12. 66

    Cheeky Girlposted 13 years ago

    Paypal is good, and pretty universal (Except with some Google stuff its not) Citibank Online is good as most counties can link you to them easily via net, Wachovia is also good. There are others. Currency exchanges are charged by many, it varies on the amounts, check their websites. Yes, fees are a bitch, but what the hey, this going to be like that everywhere.
    
    Amazon can pay you in vouchers too, but not everyone will opt for that. You have have to spend them on Amazon products.

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