Ebay Charging $2 fee to withdraw money from sales (express payout)

Рет қаралды 5,075

Ай бұрын

Ebay Charging $2 fee to withdraw money from sales (express payout)
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Пікірлер: 88

@RockstarFlipper Ай бұрын

Do you use the express payouts at all?

@stevenbond9201 Ай бұрын

Never. 1.5%/$2. Doesn't matter what platform it is; it's still a bush league move.

@pattyflubacher6998 Ай бұрын

Never

@FlaNative3 Ай бұрын

@markthompson7503 Ай бұрын

Nope. Ok I did Saturday because there were some good yard sales but it was a free express.

@mariemize9893 Ай бұрын

No. I do not.

@pamprier4710 Ай бұрын

Thanks for the heads-up. I've now changed mine back to daily, instead of instant.

@EbayFlipMaster Ай бұрын

I choose weekly just because often they take the shipping label cost later, so to limit my bank account transactions I set it to weekly

@diannedeats1188 Ай бұрын

Same!

@flippinohio Ай бұрын

I thought of doing express when ebay first introduced it. Glad I changed my mind. I'm happy with my daily payouts then I can decide where the money goes. Savings, invest, etc.

@Healthnut1976 Ай бұрын

I do weekly payouts bc I'm a small seller. I used to have daily payouts but switched. I honestly forgot about daily.

@RockstarFlipper Ай бұрын

Why not daily.. it doesn't matter your size. There is ZERO benefit to letting ebay hold money

@bairfreedom Ай бұрын

Yea, I'm switching to bank withdrawal. The express is pretty quick. I did it yesterday and it was in my account in 30-40 seconds. Anyway, usually just cost under a buck when I do it. Not anymore! Lol setting it up tonight, switching off express.

@chriscash782 Ай бұрын

I used to do daily payouts now I do weekly payouts. Easy to keep track of and It motivates me do have a higher payout every week

@lesliespeers2739 Ай бұрын

We do weekly. Etsy pays me on Monday EB pays me on Tuesday. Works great for us.

@RockstarFlipper Ай бұрын

But why? why not daily

@anthonyxavier6300 Ай бұрын

I do daily myself as well. I don't want Ebay holding my money just in case something happens.

@RockstarFlipper Ай бұрын

Exactly

@johnathin0061892 Ай бұрын

Just like payday lenders, it is a way to exploit people who live hand to mouth and have no savings or emergency fund. I would imagine some new sellers who don't have a regular job are in that position sadly.

@bearkiti9974 Ай бұрын

The only selling cost would be store sub which will come out of your method of payment if not in balance..so no big deal. imo

@HumbleTreasureFinds Ай бұрын

I use daily deposit. I like to get my money daily, because I'll use it to source with. The money hits my bank account by 6pm everyday, Monday through Friday. Whatever accures over the weekend will hit my account first thing Monday morning. As long as its not a holiday.

@ridingtheroad8878 Ай бұрын

It all depends on your bank how long it takes

@chatterbrains40 Ай бұрын

The 1.5% is worth it if you are a high valume seller. For those who aren't its not worth it. I feel bad for them.

@tomjm8047 28 күн бұрын

As a dropshipper, we need that money to pay our suppliers.! For a $500.00 payout it's worth the 2 dollars!🤗

@vqnplaya 19 күн бұрын

How do you drop ship on eBay I was trying but the shipping days are only 2 days

@tomjm8047 18 күн бұрын

@@vqnplaya I don't understand your question!

@vqnplaya 18 күн бұрын

@@tomjm8047 because you only get 2 days to ship something in eBay before it’s to long

@hseebold Ай бұрын

I always have my sales deposited in my bank acct. it’s usually always there the next day. So to do express is kind of throwing away money in my opinion.

@RockstarFlipper Ай бұрын

Exactly

@now4u243 Ай бұрын

Hey if express works and they dont mind the fee fine otherwise I agree just do the free one.

@chatterbrains40 Ай бұрын

Not in MT though 😢, understandable that you can only do soany states in the time allowed, but will definitely shownupmid you ever get the xhance to be in MT.

@greatlakesflippers6036 Ай бұрын

"For convenience" They are all instant for me. Literally. Anyway this hurts smaller and newer sellers. Not a huge hit but could add up fast.

@stevenbond9201 Ай бұрын

I have my payouts set to weekly. Makes for simpler bookkeeping. So what if eBay make money on if it sits there for a week. My checking account doesn't pay interest. Interest rates on savings accounts isn't worth mentioning. Maybe it's different if you are pulling in tons of money every day.

@RockstarFlipper Ай бұрын

Simpler bookkeeping? You can link accounts to bookkeeping and its no more work

@stevenbond9201 Ай бұрын

@@RockstarFlipper All my accounts are linked to my bookkeeping program.

@michealsizemore1 Ай бұрын

I receive payouts every Tuesday, and I am good with that.

@RockstarFlipper Ай бұрын

But why? Why allow ebay to hold money for ZERO reason? There is 0 upside to it for you.. only for them

@michealsizemore1 Ай бұрын

@RockstarFlipper For me, I do Ebay as a side hustle and have not spent a single dime on my profits. I just started selling on January 1st of this year and have other sources of income, so I don't need the money. Therefore. once a week is good for me.

@losttreasures73 Ай бұрын

I do daily payouts no need for express I just have payouts everyday into my acct I don’t want eBay holding my money any longer than necessary.

@elizabethwitt2621 Ай бұрын

They had to raise the money to pay off the steiner lawsuit somehow, of course, grift from the sellers...who else?

@RockstarFlipper Ай бұрын

It’s cheaper over $133….

@curiouscollection2626 Ай бұрын

We do weekly payouts. Pay ourselves payroll monthly so the additional work on bookkeeping isn't worth the additional work. Perhaps eBay intends to charge for withdrawal on all funds eventually. This is a test to see how well it is embraced.

@freetobe343 Ай бұрын

I do daily

@My-Life-Adventures Ай бұрын

I do weekly, daily junks up my transactions history.

@RockstarFlipper Ай бұрын

So leaving your money in for a week is better than a digital transaction history?

@PodunkPicker Ай бұрын

This doesn't bother me I don't use this service. I just used a regular managed payments and I'm happy with it.

@RockstarFlipper Ай бұрын

Same

@80sbreaker Ай бұрын

I have done express it's always instant within seconds of initiating the transfer

@RockstarFlipper Ай бұрын

Nice! sometimes it CAN take longer but good to hear its going quick at least

@JEEssentials Ай бұрын

So frustrated with EBay !

@RockstarFlipper Ай бұрын

@merridybenton7028 Ай бұрын

I get mine daily (not express) but I hear some people say they do weekly as its so called easier they find for bookkeeping reasons. Why let someone make money for holding your money?

@RockstarFlipper Ай бұрын

I HEAR IT EVERYDAY, And it makes no sense to me

@semperfi-1918 Ай бұрын

I do monthly withdrawal. Makes billing easier. And keeps me motivated to spend less and make more.

@RockstarFlipper Ай бұрын

But your letting money sit somewhere else you could be using it

@semperfi-1918 Ай бұрын

@@RockstarFlipper yes but I know my habits and I tend to spend on things I shouldn't and when I need it... it won't be their. I've done the everyday payouts... but I always spent it on things that ain't goona make me money like going out to eat. Or buying things I think I need for the store... but really didn't use it. I get your point. But for me this works best for now.

@cubanix Ай бұрын

Hello new here. I was wondering if anybody had this message when accepting a counter offer from a buyer. "There is an issue processing your request." How do you resolve it? This is happening both laptop and cell phone I've tried clearing cache as well. Ty so much

@RockstarFlipper Ай бұрын

Temporary glitch.

@cubanix Ай бұрын

@@RockstarFlipper Hope so it's been almost 24 hours.

@edschoeneberger8590 Ай бұрын

Is there a video for how to turn instant payments off? I accidentally turned it on, not knowing there was fees. I cant seem to find out how to go back to daily.

@ShenandoahValleyTreasures Ай бұрын

Try your Seller Hub and look under Payments

@RockstarFlipper Ай бұрын

This video... click on the payouts and choose daily

@awesomemermaid2796 Ай бұрын

❤️

@kjr8660 Ай бұрын

No,thanks Ebay, I'm good :D

@5797029 Ай бұрын

Are the instant payouts automatically sent for each transaction? Or are they paid out only when the seller initiates it? I have always done daily payouts. As long as the cash just keeps rolling in, I am good.

@RockstarFlipper Ай бұрын

Only when you do it

@houseful4him Ай бұрын

I used to do daily, but switched to weekly because I knew I had a return coming and I wanted the funds there to cover it. Then I discovered that I kinda like weekly; it's like getting a paycheck, and it makes it easy to compare income from week to week.

@normaskroch Ай бұрын

I am a buyer & use American Express to pay. Are there other payment options to use on Ebay so I can still use my American Express? Perhaps off topic but kind of related with money issues. thank you

@RockstarFlipper Ай бұрын

You could link your Amex to paypal and use... but you won't get the points the same i think.. maybe?

@normaskroch Ай бұрын

I will check it out thank you for your time & trouble@@RockstarFlipper

@doloresmiller6956 Ай бұрын

❤❤❤

@karatgold2 Ай бұрын

Soooo let's just say you "hypothetically" don't want the ebay sales to go into your bank account....with Express Payouts you could send money to your debit card.....using a PayPal debit card the sales would actually never hit your bank account. Don't all the haters gang up on me at once....but is this really now an option with Express? Am I missing something, because I don't see this as an option with scheduled payments.

@RockstarFlipper Ай бұрын

Yes you choose a "card" so technically a paypal card SHOULD work

@justingilley9014 Ай бұрын

I don't think that's correct. I just tried to add my PayPal card and it asked for the statements and all that. So it seems it is the exact same as always. The only change is the fee went from 1.5% to $2 Flat Rate

@justingilley9014 Ай бұрын

I wanted to do the same thing as you but it didn't work for me Please let me know if you were able to do it

@gobeklipepe Ай бұрын

Mercari is $3 for instant. $2 for 4-5 days.

@RockstarFlipper Ай бұрын

LOL mercari is so bad

@zanegraham4103 Ай бұрын

Mercari also did away with seller fees.

@gobeklipepe Ай бұрын

@@RockstarFlipper Listed 40 items on both eBay and Mercari. Got instant views and sales on Mercari. No views or sales on eBay.

@gobeklipepe Ай бұрын

@@zanegraham4103 That helps!

@davefoley8261 26 күн бұрын

If i switch from daily to weekly to test out the Express Payments and then i want to switch back to daily, does it take a few days to go back to daily? Or is that also instantly?

@RockstarFlipper 26 күн бұрын

I think 24 hours, i could be wrong on that