How To Get Money Out of Amazon Associates?

The Amazon Associates program pays affiliate commissions to promote Amazon products. But how do you get those earnings into your bank account?

Highlights

1. Amazon Associates offers three payment options: bank transfer, Amazon gift certificate, and cheque.
2. Bank transfers may not be available in all countries, but Payoneer provides an alternative.
3. With Payoneer, users can set up a virtual U.S. or UK bank account for Amazon payouts.
4. Payoneer withdrawals involve a small fee, but using the Payoneer card can reduce costs.
5. The Payoneer card is also useful for PayPal transactions, online purchases, and ATM withdrawals.

 

Why We Wrote This?

We wrote this content to help Amazon Associates affiliates understand their payment options and guide them through withdrawing their hard-earned commissions. Getting money out of Amazon Associates can seem confusing, especially for affiliates in countries where direct bank deposits aren’t available. This content clarifies the process and helps readers choose the best withdrawal method for their needs.

So, in this guide, we’ll discuss the payment methods Amazon associates offer, how Payoneer helps, how to get money out via Payoneer, and can you reduce fees using Payoneer.

 

What Payment Methods Does Amazon Associates Offer?

Amazon Associates offers three main payment options, each designed to suit different preferences:

1. Bank Transfer: Amazon can deposit your earnings directly into your bank account. This method is fast and convenient. You must provide your bank’s name, account number, sort code, and the account holder’s name.
2. Amazon Gift Certificate: If you shop on Amazon frequently, you can receive your earnings as an Amazon gift card.
3. Cheque: Amazon can send a physical cheque, which may take longer to process and could include additional bank fees.

However, direct bank deposits may not be available for affiliates in some countries. If that’s the case, Payoneer is best, as it works well.

 

How Can Payoneer Help If Bank Transfer Isn’t Available?

If your country isn’t on Amazon’s supported list for direct deposits, you can use Payoneer to create a virtual bank account in the U.S., UK, or other locations. Payoneer lets you receive payments as if you have a bank account in one of these supported countries. Here’s how to get started:

1. Sign Up for Payoneer: Visit Payoneer’s website and create a free account. Once verified, Payoneer will set you up with virtual banking details in different countries.
2. Add Virtual Bank Details to Amazon Associates: Use your Payoneer account details, like your U.S. virtual bank account number, as the preferred payment option in Amazon Associates. Amazon will then transfer your commission to this virtual account.

 

How to Get Money Out of Amazon Associates Via Payoneer?

After Amazon sends your earnings to your Payoneer account, here’s how to access your funds:

1. Log In Your Payoneer Account: Go to the “Withdraw” menu.
2. Select ‘Withdraw to Bank Account’: Choose this option and fill out the details, such as the amount and bank information.
3. Complete the Transfer: Payoneer charges a small fee for each withdrawal. If you want to reduce fees, consider applying for a Payoneer credit card. The card has a $29.95 yearly maintenance fee but is free for transactions, making it a great option for online purchases and ATM withdrawals.

 

Can You Reduce Fees Using a Payoneer Credit Card?

Yes, using the Payoneer credit card can reduce transfer fees! You can also link the card to PayPal and use it as your preferred payment method to access your funds quickly.

 

Summary

Now you know how to get money from Amazon Associates, whether by bank transfer, cheque, gift card, or through Payoneer if direct bank transfers aren’t available in your country. Payoneer offers a simple solution for affiliates worldwide to access their earnings efficiently. So, whether using a direct deposit or Payoneer, getting money out of Amazon Associates is easy once you know the options and steps involved.

 

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