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-   -   Do i withdraw too much? (https://www.aspkin.com/forums/subscriber-discussions/37081-do-i-withdraw-too-much.html)

LoopHole 09-24-2011 12:21 PM

Do i withdraw too much?
 
My stealth account is about 6-7months old. I withdraw $300 a week. All positive feedback. Just wondering if that is too much for my account.

BiN4RY 09-24-2011 12:24 PM

If it is too much for your account, it would be limited by now.

Imakemoney 09-24-2011 12:24 PM

How long is a piece of string?

So many factors in this equation. Type of product your selling would be a big one...

Im presuming your not getting limited so far? so whats the problem....

GTB 09-24-2011 12:45 PM

if you was withdrawing $10 a week then the next you withdrew $300 then you could experience problems

slowly increase

but there will be many factors involved

just don`t do any sudden movements if ya get what am sayin!

GTB 09-24-2011 12:47 PM

nothing is set in stone!!!!!!!!!!!

Gman91189 09-24-2011 01:29 PM

yea i have many accounts.. some 6months old and some 2-3 months..
a good rule of thumb is making sure you received positive feedback for the item you are selling... then wait about a week.. then withdraw your money.. BUT, it also depends how much money you are making off of that.. if you are only selling pencils, it wouldn't be wise for you to withdraw 500 dollars at once..

i normally withdraw 200 every 4 daysish.. but it varies on how much i've sold, what im selling.. how long after the transaction im withdrawing...

THE SAFEST THING TO DO:
just wait 1 month after the transaction to withdraw..
better yet.. just wait 45-60 days after the transaction.. then you are really safe.. because by that time frame.. the buyer can't open a case


you have to think like paypal.. they are trying to cover their buttocks...
give it a good time to withdraw... longer the better technally...

Sandy D 09-24-2011 07:43 PM

Instead of doing 300 at a time how about spreading 150.00 over 4-5 days?

With it being 6-7 months old you need to tell us how much feedback you have, any issues with pp etc.

If the account is in very good standing with never an issue, has good banking info etc then your risk are less.

LoopHole 09-25-2011 09:39 PM

Quote:

Originally Posted by Sandy D (Post 271781)
Instead of doing 300 at a time how about spreading 150.00 over 4-5 days?

With it being 6-7 months old you need to tell us how much feedback you have, any issues with pp etc.

If the account is in very good standing with never an issue, has good banking info etc then your risk are less.

Wouldn't withdrawing more frequently cause the same flags as withdrawing more but less often?

HurricaneHuntr 09-26-2011 03:57 PM

i withdrew 900 today on an account that got restricted. Since just restricted pp shouldn't..... i say shouldn't... Limit me. But who knows with these hooligans anymore. I hope not because it wont clear by the time they usually limit, which is 24-48 hours after ebay does

GrannyT 09-26-2011 04:21 PM

I withdraw £5,000 + on one account and £50 on another - leave the equivalent of 3 or 4 sales and you should be fine

:pop2:

LoopHole 09-27-2011 12:05 AM

Quote:

Originally Posted by GrannyT (Post 272275)
I withdraw £5,000 + on one account and £50 on another - leave the equivalent of 3 or 4 sales and you should be fine

:pop2:

The account u withdraw 5k+ on, is that a EIN account?

madmuppet303 09-28-2011 12:59 PM

I just started getting Gift cards from Walmart. So far so good!!! But I usually let the money sit a week or so before doing anything with it.


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