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-   -   Money Holds On Amazon (https://www.aspkin.com/forums/amazon/46331-money-holds-amazon.html)

markstall96 05-14-2012 07:42 PM

Money Holds On Amazon
 
So I have a legit sellers account on amazon because I just started selling on there last month. I have no idea about all these money holds. I have about $2k Sitting in the amazon account waiting to come out. When will this money be withdrawal able? Is it a 14 or 21 day old. Someone just please fill me in on all this amazon stuff.

Thanks:help:

AmazonStealth 05-14-2012 08:48 PM

Search button is your friend. You will get immediate answers.

crafty1 05-18-2012 04:01 PM

Every 2 weeks if you are a pro - merchant seller and 7 days for normal sellers.

They will also hold funds in relation to any disputes for 30 days

markstall96 05-18-2012 04:50 PM

How come normal sellers get the money faster? That doesn't really seem to fair.

potofgold23 05-18-2012 05:21 PM

normal sellers have a rolling reserve, pro sellers do not. if you are pro, what you make in that 2-week period is what is sent to your bank account, plus you can add your own items to their catalog

markstall96 05-18-2012 05:23 PM

oh okay now i Got you

Christopher 05-22-2012 08:51 AM

i heard it was now 3 weeks,,any truth to that??

potofgold23 05-22-2012 10:10 AM

as far as pro-sellers, i don't think so I just received my two-week payment the other day

ZikZak 05-22-2012 10:26 AM

I have a normal Amazon seller account, should i upgrade it to Pro?

markstall96 05-22-2012 02:55 PM

I have a normal as well and i feel like everything is just fine. I Do not thing that the $39.99 is worth it

BigCJ 05-22-2012 03:02 PM

Quote:

Originally Posted by markstall96 (Post 343768)
I have a normal as well and i feel like everything is just fine. I Do not thing that the $39.99 is worth it

Well, look at it this way.
With a regular account, you get a hold on your money with the rolling reserve.
Which means, you will not be able to totally clear your funds.

If you have 2k in your account that is pro, you get all of that money in the 2 week period. thats up to about 4k in total a month since its bi-weekly.
To me, the 40 bucks a month is worth it to be able to have all of your money instead of a small percentage of it.

and, as potofgold said, you can list your own categories

markstall96 05-22-2012 03:31 PM

Oh no way? Will i ever be able to get all my money out of my account if i do not pay the 39.99 a month?

potofgold23 05-23-2012 09:36 PM

plus with the pro account, you don't pay the 99-cent per item listing fee. if you have a ton of items on amazon, that is a huge savings

beaches 05-29-2012 10:17 AM

if you go pro and say you have 1000 sitting in the account in 2 weeks when you are supposed to get those funds can they put you in review and hold that money longer? Has anyone had this done to them.

beaches 05-29-2012 10:22 AM

See there is a problem with the payments. If you use a brick and morter bank no problem .If you use an online banking card then their may be a problem with the large funds transfer. There may be a capped amount per transfer then you are screwed??
Before w we were transfering every 24 hrs so there was no problem. I bet amazon had looked into this before changing the payment system. They most likely know which banks have a cap and used this to their advantage...

slapped 05-29-2012 10:25 AM

Quote:

Originally Posted by markstall96 (Post 343777)
Oh no way? Will i ever be able to get all my money out of my account if i do not pay the 39.99 a month?

When you close your account or it becomes inactive Amazon will send you your money,,,Unless they Delete your account,,,Then ALL Bets are OFF

markstall96 05-29-2012 02:31 PM

Thats a little crazy. If i pay the 39.99 a month i will get it all after 14 days. Correct?


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