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

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

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[RockstarFlipper]

Do you use the express payouts at all?

[pamprier]

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

[EbayFlipMaster]

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

[flippinohio]

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.

[Healthnut]

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

[chriscash]

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

[johnathin]

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.

[bairfreedom]

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.

[lesliespeers]

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

[anthonyxavier]

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

[HumbleTreasureFinds]

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.

[bearkiti]

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

[davidcarlos]

Thank you for the clarification I’m tired of getitng charge 2 dolar fee, it truly erks my life

[stevenbond]

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.

[michealsizemore]

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

[greatlakesflippers]

"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.

[hseebold]

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.

[tomjm]

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

[chatterbrains]

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.

[ridingtheroad]

It all depends on your bank how long it takes