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You can send up to $1,000/month directly from your CCs or GCs, and receive the same amount, which can then be withdrawn to your bank account.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 729483 times)

Offline hertzinstl

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Re: Amazon Payments Master Thread
« Reply #3015 on: October 28, 2013, 06:10:14 PM »
Has anyone's account been closed after/because they sent $ from a cc?

Offline milechazzer

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Re: Amazon Payments Master Thread
« Reply #3016 on: October 28, 2013, 07:05:19 PM »
Why are you keeping $$$ in your AP account?  I immediately disburse to my bank account.  And if you are referring to freezing after sending or receiving, I was allowed to disburse $$ to my bank after they froze the account.

My account was frozen after a withdrawal request. First they just said that the withdrawal failed. Then they wouldn't let me make any changes, or try the withdrawal again. A couple of days later, they cut off access to the account. Three weeks later, they sent their first communication informing me that my account has been permanently closed. I've sent a few emails inquiring about my balance, but they have not responded at all.

Offline hertzinstl

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Re: Amazon Payments Master Thread
« Reply #3017 on: October 28, 2013, 07:07:27 PM »
My account was frozen after a withdrawal request. First they just said that the withdrawal failed. Then they wouldn't let me make any changes, or try the withdrawal again. A couple of days later, they cut off access to the account. Three weeks later, they sent their first communication informing me that my account has been permanently closed. I've sent a few emails inquiring about my balance, but they have not responded at all.
Why do you think your account was frozen?

Offline PBaruch

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Re: Amazon Payments Master Thread
« Reply #3018 on: October 28, 2013, 07:07:33 PM »
My account was frozen after a withdrawal request. First they just said that the withdrawal failed. Then they wouldn't let me make any changes, or try the withdrawal again. A couple of days later, they cut off access to the account. Three weeks later, they sent their first communication informing me that my account has been permanently closed. I've sent a few emails inquiring about my balance, but they have not responded at all.

I would threaten a lawsuit and/or sent them a lawyers letter.
What do you do after your dreams come true?

Offline milechazzer

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Re: Amazon Payments Master Thread
« Reply #3019 on: October 28, 2013, 07:26:54 PM »
I would threaten a lawsuit and/or sent them a lawyers letter.

I put that in an email too. Still no response. Pretty mindboggling....

Offline HP58

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Re: Amazon Payments Master Thread
« Reply #3020 on: October 29, 2013, 02:15:04 AM »
I put that in an email too. Still no response. Pretty mindboggling....
This is getting freaky...

Offline princea143

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Re: Amazon Payments Master Thread
« Reply #3021 on: October 29, 2013, 02:33:58 AM »
Hi guys! How about this scenario?  My circle will be my business name with business checking and business credit card, my personal checking and Sapphire, and my wife's checking (joint w/ me) and her Citi AAdvantage?  Would this work without flags?  Is business name even going to make the cut in a "personal" designated AP account?  And, would they catch that I just opened an account for my wife and business sequentially with the AP accounts?  By the way, I turned off wifi on my iPhone to have different IP from PC.  Let me know if this is even smart.

Offline Drago

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Re: Amazon Payments Master Thread
« Reply #3022 on: October 29, 2013, 03:05:13 AM »
nope. thats 1 of their ways of saying you have shut down
For all the accounts (diff ppl) I was using, I only received notice when I clicked on the Send Funds, and it said that it was disabled. Never had issues logging into my account.

Offline princea143

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Re: Amazon Payments Master Thread
« Reply #3023 on: October 29, 2013, 03:46:50 AM »
Ok, so I tried to sign up for my first AP account, and I was blocked right away.  Can someone explain this?  This is what I got from them:

Greetings from Amazon Payments.

We appreciate your use of Amazon Payments.  Unfortunately, we have been unable to confirm your account information.  This may be because you failed to respond to our past requests for more information or we could not confirm identity information provided by you.

In either case, we are now required to restrict your Amazon Payments account features.

We apologize for any resulting inconvenience and appreciate your understanding of our need to take this action.

Please sign in to your account and contact us should you have any questions about our need to take this action.

- The Amazon Payments Team

Offline ckmk47

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Re: Amazon Payments Master Thread
« Reply #3024 on: October 29, 2013, 07:24:12 AM »
Ok, so I tried to sign up for my first AP account, and I was blocked right away.  Can someone explain this?  This is what I got from them:

Greetings from Amazon Payments.

We appreciate your use of Amazon Payments.  Unfortunately, we have been unable to confirm your account information.  This may be because you failed to respond to our past requests for more information or we could not confirm identity information provided by you.

In either case, we are now required to restrict your Amazon Payments account features.

We apologize for any resulting inconvenience and appreciate your understanding of our need to take this action.

Please sign in to your account and contact us should you have any questions about our need to take this action.

- The Amazon Payments Team
You need to send them the confirming info. the ss#, drivers license, etc. proof of ID and the other info.   Your delaying sending it is the problem.

Offline bobthebuilder

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Re: Amazon Payments Master Thread
« Reply #3025 on: October 29, 2013, 07:40:32 AM »
Why are you keeping $$$ in your AP account?  I immediately disburse to my bank account.  And if you are referring to freezing after sending or receiving, I was allowed to disburse $$ to my bank after they froze the account.
wasnt the problem that you couldnt log on?

Offline Fan of Dan

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Re: Amazon Payments Master Thread
« Reply #3026 on: October 29, 2013, 09:23:15 AM »
For all the accounts (diff ppl) I was using, I only received notice when I clicked on the Send Funds, and it said that it was disabled. Never had issues logging into my account.
I have had that a few times. Whenever I want to see if I was closed down I go to the send money tab and see if there's an unfriendly message waiting for me.

Offline gutezach

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Re: Amazon Payments Master Thread
« Reply #3027 on: October 29, 2013, 02:11:56 PM »
sorry for my ignorance but is there a step by step instructions anywhere on how to add funds, send and receive money, add alias for amazon payments?

Offline Red

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Re: Amazon Payments Master Thread
« Reply #3028 on: October 29, 2013, 02:13:42 PM »
sorry for my ignorance but is there a step by step instructions anywhere on how to add funds, send and receive money, add alias for amazon payments?
Sometimes you gotta do a little work yourself....

Offline cozmohoot

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Re: Amazon Payments Master Thread
« Reply #3029 on: October 29, 2013, 02:23:48 PM »
sorry for my ignorance but is there a step by step instructions anywhere on how to add funds, send and receive money, add alias for amazon payments?
read the wiki on page 1