Topic Wiki

DEAD - 10/13/14

READ THE WIKI! IT IS VERY CLEAR!

The Basics:

You can send up to $1,000/month directly from your CCs or GCs, and receive the same amount, which can then be withdrawn to your bank account. (No, you don't withdraw the money to your CC or GC.) These limits reset on the 1st of the calendar month at 12am Pacific Time.

Setup:

1. Although AP requires a SSN, you will not get a hard pull against your credit. You will not get a 1099-K unless you are receiving over $20k per year AND have done 200 transactions.

2. The driver's license number on the account need not be a real number, only the same format.

3. You need to connect and verify a bank account to be able to send $1,000/month. Otherwise, only $500 will be allowed. (Also, you will have difficulty withdrawing money to your bank account if it is not connected to your account.)

4. Verification can sometimes be instant if you log into your bank account through Amazon, but sometimes (particularly with smaller banks or CUs, it seems) the only working option is to allow AP to make two small deposits to you account (less than a dollar, often much less) and then reporting the exact amounts thereby verifying that the account is yours. (If you want to use AP as described here, don't even think about trying to profit from the small deposits by opening up a ton of accounts. You have been warned.)

5. The receiver account must add a credit card to be able to capture the funds sent.

Sending Money

1. Make sure to select "Goods and Services" when sending money. This is important so that the transaction codes as a purchase (for which you will get CC points/miles) and not a cash advance (for which you will not).

2. For some reason, when sending the value from GCs, AP will often prevent the full value from being sent unless, when connecting the GC with your account, you first enter the wrong expiration date and then change it to the correct one. <blinkblink>... <shrug>... but it works.  Or wait a week after putting the GC into your account for the hold to be removed from the funds.

3. And no, Amazon Gift Card balance cannot be used with Amazon Payments.

Multiple accounts:

1. It is highly recommended not to access both accounts of a transaction from the same IP address. Please see the IP Information section below for more... IP Information.

2. Most people didn't have problems opening two accounts per SSN even if they link to the same bank account, but it is risky to send money back and forth between them. Some report a similar risk with sending or receiving with a spouse who has the same bank account linked to their account.

3. Sending money using the same CC from different accounts is a known cause of shutdown.

Error messages and potential delays

1. If you get a message stating "We are unable to complete your transaction until further review. It can take up to 24 hours to complete this transaction. We apologize for any inconvenience this delay may cause," relax and be patient. It is perfectly normal.

2. Withdrawals are never authorized immediately. Be patient. It usually doesn't even take a full day. Likewise it's perfectly normal for you to get a message that your withdrawal has succeeded but it doesn't show up in your bank account yet even as pending. It will be there soon. Be patient.

3. Verifying a bank account via the deposit method can take a few days. Please anticipate and account for the extra time needed for the deposit method if you are planning to set up and use an account for the first time late in the month.

IP Information:

1. To check the IP address of the device you're using, Google "how to check my IP address"

2. All devices using the same WiFi router have the same IP address.

3. A computer connected to the Internet with a router has a different IP than it does if connected to the Internet without a router.

4. Browsing incognito or in private mode does not change your IP address.

5. To change the IP address of a computer, turn off the computer, wait a few minutes, then turn it back on. Check if you have a new IP address. If not, turn it off for 8+ hours (overnight or something) and check again. You will likely have a new IP address.

6. On a phone or other device (with it's own data) switch WiFi off. To change IP addresses, switch to 'airplane mode' and switch back and you will usually have a new IP address. Note: If your phone or tablet has WiFi only, it will always have the same IP address as other devices that connect through the same WiFi.


PBaruch's suggestions:

1. It is no longer generally considered safe to have multiple AP accounts for the same person.  Yes, there are exceptions and some people have had luck but I would caution against it.  If you are the reckless type go to number 2 below.  If not, please proceed to number 3 below.

2. If you do decide to try your luck and open 2 or more AP accounts for the same person, do not send $ back and forth between these two accounts.

3. Do not send $ back and forth between people in the same household.  Again, there are exceptions and some people have had luck but it is a trigger for a shutdown.  The way AP views it is if you are in the same household, give em cash. 

4. If there are multiple AP users in the same household, do NOT use the same IP address.  If you do, be warned.  You will very likely be shut down.

5. If you are shut down, you may have luck reopening your AP account by varying the spelling of your name and changing your address. 

6. If you want to send $ to a spouse, it helps if he/she has a different last name and address.

7. I would caution against any complete circles or triangles.  For instance, do not send A-B-C-A.  Rather, send A-B-C-D.

8. If you need bank accounts to link to AP, it is VERY easy to open multiple accounts (with no fee) by using Capitol One 360: https://home.capitalone360.com/ (Be aware that this is likely a hard pull.)

9. Do NOT do instant account verification. Let them send deposits instead to verify the account.  By doing so, I do not believe that they know who owns the account. This may be useful if you use some of my other suggestions.

These are my suggestions based upon personal experience and my gleaning of other posts.

Poll

Were you shut down?

Yes, but i got it back! :)
7 (2.9%)
Yes. :(
55 (22.5%)
No, B"H!  :)
149 (61.1%)
Yes and No (I have more then 1 account)
33 (13.5%)

Total Members Voted: 244

Author Topic: Amazon Payments Master Thread (RIP 10/13/14)  (Read 1122682 times)

Offline MnM1130

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1300 on: December 16, 2012, 10:33:42 AM »
some accounts it only asked me for bday information... and the warning went away.

Offline Mocha

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1301 on: December 17, 2012, 03:29:18 PM »
Was using AP to cash out 5 $200 Amex gc from saples. Added wrong exp the as usual then corrected it and it failed twice. Any ideas? Used Prepaid Gift Card for name and regular address for billing address.

Offline ari2955

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1302 on: December 17, 2012, 04:38:52 PM »
Getting the same message on all my accounts too, did u enter it for all of them?

Yes, and it all went away, and I've been using it since without a problem?

Offline HelpMe

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1303 on: December 17, 2012, 04:41:10 PM »
Was using AP to cash out 5 $200 Amex gc from saples. Added wrong exp the as usual then corrected it and it failed twice. Any ideas? Used Prepaid Gift Card for name and regular address for billing address.
Did you reg the GC's.
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Offline Mocha

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1304 on: December 17, 2012, 05:01:57 PM »
Did you reg the GC's.
nope but I got it to work by deleting and re-adding it. Not sure what did wrong (I verified that the numbers were right).

Offline Shkop

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Amazon Payments will cancel if missing s.s.# by years end!
« Reply #1305 on: December 19, 2012, 12:43:34 PM »
My wife never supplied her ss# on her amazon payments account. Now there is a pop up to fill in missing info by 12/31 or the account will not be able to receive funds anymore. If you have not supplied your s.s.# yet, you may want to get at it. By the way, what happens if I gave the wrong social? What do they do with the s.s. anyhow?

On my account I supplied the info but now I get a pop up asking for my date of birth. There is no threat for cancellation. I assume nothing happens at years end if it is not supplied. Anyone know? Why would they need all this info? Any reason to hesitate giving over socials and date of birth?
A democracy is a form of government, not an intrinsic truth

Offline chilzech

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1306 on: December 24, 2012, 07:52:32 AM »
Can i use amazon gc's to fund to/ send money from my AP account? If yes, how? Is that the "Amazon.com Visa" under the "add credit card" option?

Offline Red

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1307 on: December 24, 2012, 07:55:11 AM »
Can i use amazon gc's to fund to/ send money from my AP account? If yes, how? Is that the "Amazon.com Visa" under the "add credit card" option?
No.

Offline EE4504

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1308 on: December 24, 2012, 03:59:46 PM »
Did anyone hear that amex doesn't let use their credit card to send amazon payments to anybody in the same household because this is not considered a credit card purchase....

Offline Saver2000

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1309 on: December 24, 2012, 04:03:11 PM »
Did anyone hear that amex doesn't let use their credit card to send amazon payments to anybody in the same household because this is not considered a credit card purchase....
Yes. Amex is not a fan of AP. In assuming you got financial reviewed?

Offline EE4504

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1310 on: December 24, 2012, 04:07:31 PM »
yes. all they wanted a bank verification of my last 12 month avg balance...

Offline robi

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1311 on: December 24, 2012, 04:11:13 PM »
Did anyone hear that amex doesn't let use their credit card to send amazon payments to anybody in the same household because this is not considered a credit card purchase....
has nothing to do with same household. as saver pointed out AMEX not a fan of AP
"I'd rather be hated for who I am, then loved for who I'm not"

Offline EE4504

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1312 on: December 24, 2012, 04:26:10 PM »
what about chase?

Offline yitzf

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1313 on: December 24, 2012, 04:36:24 PM »
what about chase?
no problems reported

Offline greatdeals

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1314 on: December 26, 2012, 03:34:22 PM »
I want to use amazon payment to meet spending
so if I understand correctly you use the cc to fund it.
You shouldn't send money back and forth from the same person
so what is the best way to get the money back?

Offline Smart

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1315 on: December 26, 2012, 08:01:32 PM »
I want to use amazon payment to meet spending
so if I understand correctly you use the cc to fund it.
You shouldn't send money back and forth from the same person
so what is the best way to get the money back?

You have a wife for a reason   :-*

The person who receives the money can withdraw it to a bank account
If everyone is thinking alike, someone isn't thinking...

Offline Shmulyg

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1316 on: December 27, 2012, 06:44:54 AM »
I want to use amazon payment to meet spending
so if I understand correctly you use the cc to fund it.
You shouldn't send money back and forth from the same person
so what is the best way to get the money back?
The best way to do it is to form a trio with friends and play 'pass the money around.' ;)

Offline Yaalili

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1317 on: December 27, 2012, 07:20:16 AM »
The best way to do it is to form a trio with friends and play 'pass the money around.' ;)

a trio of username's will do the trick too...

Offline mmermss

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1318 on: December 27, 2012, 07:23:17 AM »
a trio of username's will do the trick too...
All you need is three?
It's not about the quantity of your posts.  It's about the quality.

Offline Yaalili

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Re: Earn miles/points with Amazon payments using a credit card
« Reply #1319 on: December 27, 2012, 07:30:36 AM »
All you need is three?

was playing on the same line of the person i quoted, who said trio. But definitely could be more ;)