How to withdraw money from your Amazon affiliate account. To get your commission payments paid directly into your personal bank account, update your payment method in your account settings.
You can update your account settings by logging into your Amazon affiliate account. Once in your account, hover your mouse over your email address on the top right to get a drop-down menu. In that menu select ‘account settings’. Under the heading ‘Payment and Tax information, select ‘Change Payment Method’. On the next page, you will have three options to choose from. To get your money paid directly into your account select the ‘Pay me by direct deposit’ option. Complete your bank details and click on submit. Your changes will take effect from the first of the following month.
Let’s do that step by step.
- Log in to your U.S Amazon affiliate account
- Update your account settings
- You don’t need to have a U.S bank account
- Frequently asked questions
Log in to your U.S Amazon affiliate account
If you have not signed up to be an Amazon affiliate yet and want to join. Then I have a great post for you.
My post ‘How do I sign up for the Amazon affiliate program?‘, walks you through the signup process.
If you do not need a walk-through and want to head over to Amazon to join up.
If you already have an account. Then let’s sign in. Click on the ‘Login’ link at the top of your screen.
Enter your username and password to enter your account.
Update your account settings
After you sign in you will come to your home page. On the top right you will see your email address. Hover your mouse over your email address and a drop-down menu will appear.
Select ‘Account Settings’ from this menu.
Once you select ‘Account Settings’ you will come to this page.
You will find two sub-headings. ‘Account information’ and ‘Payment and tax information’.
Under the heading ‘Payment and Tax Information’, select the ‘Change Payment Method’ option.
On this page, you have three options to choose from to get your money from your Amazon affiliate account.
You can get paid directly into your bank account, you can opt to receive an Amazon gift card, or you can select the ‘Pay by check option’.
I think for most people getting your money paid into your local bank account is a good option.
Amazon does set a minimum payout amount of $10.00 but that isn’t too high.
Once you have entered your account details, click on the yellow ‘Submit’ link on the bottom left.
Once you confirm your payment method. Amazon will start paying you by this method from the first of the next month.
You don’t need to have a U.S bank account
Before Amazon allowed for international payments, your three options were to have your money paid into a U.S bank account, an
Non-U.S citizens can only open a U.S bank account through a third party, like Pioneer.
Moving money from Pioneer to your local bank account involves expensive fees.
If your account is set up using a third party merchant, I recommend you update your payment method to reduce your fees.
The minute I saw that Amazon allowed for
It is hard to make good money with Amazon because the commission rates are so low. To then lose more money when moving money or exchanging currency is not nice.
I have not seen much on the internet about international payments in Amazon so think it is probably quite recent.
The international payment option is not open to all countries, but the list is quite extensive.
The minimum payment amount is only $10, I think that is very reasonable.
I think many Non-U.S citizens with U.S Amazon affiliate accounts will prefer this option.
Frequently asked questions
Once you have been accepted into the Amazon affiliate program, you go to your account settings on your dashboard and set up your preferred payment method.
Payoneer allows Non-US citizens to have access to a US bank account number. Amazon pays into the bank account and then you can make withdrawals from this account through Payoneer. Payoneer fees are high, if you can, have Amazon pay directly into your personal bank account
No, you can’t. Your commission payments are held in your account until you reach the minimum payout limit. When you reach this limit, Amazon will pay you via your preferred payment method after the first of the next month.
What payment method do you prefer?
Were you aware that international payments are now an option for Non-U.S citizens?
Have you received money into your account through the international payment option yet?
I look forward to reading your comments.