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Business Account or Stay Private / Ebay allowance
 

Hello Guys,
I'm fairly new to the stealth ways. I've got a stealth account and have managed to get a decent amount of +ve feedback on it, I currently have allowances raised to 50/ £1800. I have reached the allowance and tried to chat with live help to increase it but was told the system is asking I should change to a business acc.

My question is; Is it safe to upgrade to a business account? after reaching my limits or should I wait for a month for the allowance to reset.

Whats the best way to slowly build an account to at least silver level from private seller with the new ebay policies, Would I be asked to provide invoices and supplier information?

I would like to have more stealth accs but I'm running out of real bank accounts. How do I go on about bank accounts I can't use because they are linked to suspended accounts?

Please any advise is much appreciated, Harsh or real...

Re: Business Account or Stay Private / Ebay allowance
 

To become TSR you need to be a business, so you cannot become silver without becoming a business first.

You really shouldn't have contacted eBay. Its always suggested to never contact eBay - It rarely leads to what you want.

Lots of UK banks that you can open an account with, just make sure you do it slowly.

If you need to sell more you are best off creating more stealths. The best method to increase selling limits is to sell to the max each month. Eventually the limits will get increased.

Re: Business Account or Stay Private / Ebay allowance
 

Lots of UK banks that you can open an account with, just make sure you do it slowly

I've used almost all of the local banks, and the accounts linked to them are suspended. So I have no clue of my next step here. How do I go about opening new accounts from same banks

To become TSR you need to be a business, so you cannot become silver without becoming a business first

Whats the risk of switching my current account to business, does ebay ask you for supplier info after a period of time? because I don't have this information.

Re: Business Account or Stay Private / Ebay allowance
 

They can ask for supplier info if your a private seller or a business seller. No increased risk of it happening.

May be worth going to banks that are not local then. Nationwide is a useful place to start.

Most banks allow you to have 3 or 4 accounts with them, just need to look into what accounts the bank offers.

Re: Business Account or Stay Private / Ebay allowance
 

You cant use old bank accounts but you can go to different banks and spread accounts out - have you tried that?

Re: Business Account or Stay Private / Ebay allowance
 

Thanks you guys for the Info.

@ rsot,
What exactly do you mean by Spread them out. Open multiple accounts with the same bank?