Do you accumulate your online earnings before requesting for payout/cashout?
By warvial
@warvial (1146)
Singapore
May 19, 2010 1:43am CST
Hi everyone! As mentioned above, do you always accumulate your earnings to a big amount before you request for payout/cashout?
I just did a cashout for a $0.25 (the minimum before cashout is allowed) PTC site and was wondering am I the only one doing that?
Although I have been paid by this site previously but still, I just don't want any chances of becoming a victim of scam. And many other sites that I am a member with, I also have such thinking, that is to cashout once I hit the minimum. Am I the only one doing that?
Share with me your thoughts or your method of doing. Cheers
7 responses
@workingmom50 (3091)
• United States
20 May 10
I have been earning online for 10 years. My personal rule for this is... I always cashout the minimum on a new site in order to see if they actually pay...after that it isn't an issue.
@warvial (1146)
• Singapore
21 May 10
Hi, I see. Yes, I think it's good to test out the site if it's new. I just have a hard time convincing myself to let the money grow to a significant amount before I made the subsequent cashout. I guess I just can't trust them and thus, always cashout once I met the minimum.
@Sreesumant (122)
• India
27 May 10
I write on 2 other sites which are both review and article writing sites.the payment structure there is different to here.They pay regularly into your paypal account the accumalated account for the previous month.there is no minimum amount.I would prefer to get paid for my work.Each site has its own set of rules , and, one can never be sure as to which site is genuine and poaying and which is a scam site.
@Ritchelle (3790)
• Philippines
21 May 10
am on the same wavelength as you. you can never be sure nowadays. actually am also a little scared with paypal's existence here in the philippines. heard what happened to paypal in india? it's okay now. i haven't yet cashed out my paypal money for am still waiting for it to reach the dollar time deposit amount required. am going to keep it properly.
@warvial (1146)
• Singapore
21 May 10
Hi, yes. Nothing is for certain. Just because it's paying now doesn't mean it will always pay. (Heard this phrase from somewhere but can't remember the source). And yes, it's a good phrase that I kept in mind and thus, I am following this phrase by cashing out when I can.
And yes, there are quite a few happenings for paypal in india especially during the beginning of this year. I hope that everything has been resolved. I usually don't withdraw the cash in my paypal account because of the withdrawal fee. I used in to pay on my purchases instead.
1 person likes this
@Baluyadav (3643)
• India
19 May 10
hi,my suggestion is with draw money from concerned sites whener we reach payout qualify level.Even it is also danger sometimes to keep money in paypal also.Why we give chance to scammers.
@donclaudio (110)
• Philippines
21 May 10
I think that its the most proper that you withdraw your earnings whenever it is allowed already. But as for me, I have not experienced that, to withdraw. And after this response, I will try to. Thanks for that you have started this discussion giving us, new in this earning activities online the idea not to accumulate earnings but to do what is right and proper. Request for payout whenever eligible.
@zch1004732272 (34)
•
21 May 10
We just make some pocket money online.We make money by our efforts.What if the site is cheater?So you are right to requested payment as soon as you reach the minimum.It's the best way to avoid being cheated
@kingkrunal (150)
• India
19 May 10
I guess its better to cashout then to wait. Why you need to take chances when you can cash out? :)