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-   Manufactured Spending (https://www.flyertalk.com/forum/manufactured-spending-719/)
-   -   Amazon Payments (https://www.flyertalk.com/forum/manufactured-spending/1144591-amazon-payments.html)

CFFrost Aug 15, 2013 11:30 pm

Quote:

Originally Posted by vagrants (Post 21282307)
I'm talking about AP funding 'from' bank accounts. 'Not' withdrawing money from AP 'to' banks.

Oh. Huh. Now I understand. I guess I've never considered doing that - can't really imagine why I would.

vagrants Aug 15, 2013 11:38 pm

Quote:

Originally Posted by CFFrost (Post 21282333)
Oh. Huh. Now I understand. I guess I've never considered doing that - can't really imagine why I would.

The point is not you can or can't imagine why you would.

aeneas3 Aug 16, 2013 8:31 am

Quote:

Originally Posted by WBALLZ (Post 21186760)
I am hoping to utilize amazon pymts to make a monthly 1K repayment of a down pymt loan from my in-laws. Will this transaction cause me any issues w/ amazon? Input is appreciated. Thanks. -jeff

i saw this and just wanted to suggest that you put it thru as payment for services and not cash advance. just a friendly reminder :)

bobert24 Aug 19, 2013 12:28 am

I'm finishing up the last few hundred posts here, and unfortunately haven't seen the answers to quite all my questions. Real quick:

1. I haven't signed up for AP yet. I actually place quite a bit of value on my regular amazon account, and don't want to risk losing it. Would it be smart/allowed for me to make a new account just for AP?

2. My understanding is that all of the following are frowned upon, or risky, or something. But I haven't been able to find any mention of them less than a couple months old, which as we know is an eternity in this game. Any thoughts on these options?
- A > B > A
- A > B > bank, B > A > bank
- Having the same bank account for the sender & receiver
- Having different accounts for sender & receiver, but both names being on both (joint) accounts

In essence, can my wife & I send money both ways, and is it a problem if we use joint bank accounts to do so?

Sorry for the noobish questions. I'm going to go back further in the thread, and if I find answers to my own questions, I'll post them for others.

AlohaDaveKennedy Aug 19, 2013 6:53 am

Quote:

Originally Posted by bobert24 (Post 21296424)
I'm finishing up the last few hundred posts here, and unfortunately haven't seen the answers to quite all my questions. Real quick:

1. I haven't signed up for AP yet. I actually place quite a bit of value on my regular amazon account, and don't want to risk losing it. Would it be smart/allowed for me to make a new account just for AP? **YES**

2. My understanding is that all of the following are frowned upon, or risky, or something. But I haven't been able to find any mention of them less than a couple months old, which as we know is an eternity in this game. Any thoughts on these options?
- A > B > A **Chancy**
- A > B > bank, B > A > bank **Chancy**
- Having the same bank account for the sender & receiver **Chancy**
- Having different accounts for sender & receiver, but both names being on both (joint) accounts **OK**

In the Jungle there are few hard and fast rules (as the internal controls in there are a bit whacky). Some are ignored by the Bezo tribe of headhunters (some people get away with murder) while some end up with their heads on a pole (as in permanently banned from Amazon).

Take it from an old jungle witch doctor, go for a chain (A>B>C>A) rather than play ping pong (A>B>A) with the wife.

In essence, can my wife & I send money both ways, and is it a problem if we use joint bank accounts to do so?

Sorry for the noobish questions. I'm going to go back further in the thread, and if I find answers to my own questions, I'll post them for others.


craz Aug 19, 2013 9:33 am

Quote:

Originally Posted by aeneas3 (Post 21283980)
i saw this and just wanted to suggest that you put it thru as payment for services and not cash advance. just a friendly reminder :)

For AP this is correct but if youre sending money from your PP acct to someone else dont use Goods and Services as the recipient will get dinged for apx 2.75% (it assumes they are a seller and sold you something).

got lucky that I broke my transfers (payments) into 2 and did it correctly the 1st time. Called up and blamed it on the poor connection that was doing all sorts of funny things as it was extremely slow. They refunded the fee back to the recipient

cuebert Aug 19, 2013 9:41 am

Quote:

Originally Posted by AlohaDaveKennedy (Post 21297394)
A>B>C>A

I've been skiddish about completing the tribal circle.

I've been doing A>B>C for many moons, leaving out the segment that would complete the ring.

AlohaDaveKennedy Aug 19, 2013 10:19 am

May become Lord of the Rings as I work to build infrastructure for a January group trip. Will know soon.

Quote:

Originally Posted by cuebert (Post 21298274)
I've been skiddish about completing the tribal circle.

I've been doing A>B>C for many moons, leaving out the segment that would complete the ring.


craz Aug 19, 2013 10:30 am

Quote:

Originally Posted by cuebert (Post 21298274)
I've been skiddish about completing the tribal circle.

I've been doing A>B>C for many moons, leaving out the segment that would complete the ring.

A>B then deposit into bank acct (which just happens to be a joint acct) allows a B>A via bank transfer that has nothing to do with AP = doesnt run into any probs with AP since to AP its simply A>B then B withdraws into their bank acct :D

geewitz71 Aug 19, 2013 5:04 pm

Quote:

Originally Posted by craz (Post 21298549)
A>B then deposit into bank acct (which just happens to be a joint acct) allows a B>A via bank transfer that has nothing to do with AP = doesnt run into any probs with AP since to AP its simply A>B then B withdraws into their bank acct :D

Thanks for this information. My scenario is also similar. I just created the account today. Another question.. Does "B" have to pay any tax or fee to receive the money and send to his/her bank account? Please assume that "A" will be using "Services" option to send money.

craz Aug 19, 2013 5:48 pm

Quote:

Originally Posted by geewitz71 (Post 21300936)
Thanks for this information. My scenario is also similar. I just created the account today. Another question.. Does "B" have to pay any tax or fee to receive the money and send to his/her bank account? Please assume that "A" will be using "Services" option to send money.

Nope ,only in regards to AP and not other PP transfers where its the reverse and its Good & Services where they charge instead of $$ transfer

geewitz71 Aug 19, 2013 8:24 pm

Quote:

Originally Posted by craz (Post 21301184)
Nope ,only in regards to AP and not other PP transfers where its the reverse and its Good & Services where they charge instead of $$ transfer

Thanks.. so A -> B -> Joint bank account ( B will add the joint account as his own account on AP) and both have the same address should work without any issues, right? A and B have different first and last names. Thanks in advance!

CFFrost Aug 19, 2013 8:26 pm

Quote:

Originally Posted by craz (Post 21298549)
A>B then deposit into bank acct (which just happens to be a joint acct) allows a B>A via bank transfer that has nothing to do with AP = doesnt run into any probs with AP since to AP its simply A>B then B withdraws into their bank acct :D

For a few months now I've been doing A>B>Bank then B>A>Bank. I don't do these at exactly the same time - I usually spread them out by at least a week or two. I haven't had any problems.

Both of the bank accounts are INDIVIDUAL accounts. Both credit cards are mine (A) but on the B>A transaction I use an AU account which is not otherwise listed on my Amazon account.

Edit to add: A and B have the same address but different last names, if that matters at all.

craz Aug 19, 2013 8:42 pm

Quote:

Originally Posted by geewitz71 (Post 21301845)
Thanks.. so A -> B -> Joint bank account ( B will add the joint account as his own account on AP) and both have the same address should work without any issues, right? A and B have different first and last names. Thanks in advance!

It doesnt have to be a joint acct. Its better if it is that way you can do whatever you need to w/o having to always bother the acct holder to do things. eg I swiped the DC attached to the ja today and told the teller I wanted to withdraw $xxxx and transfer it to a different acct (my personal chking). No problems or questions. If the acct isnt a ja you wont beable to do that even if you have the other persons DC and password!

by me A & B have the same last name

craz Aug 19, 2013 8:43 pm

Quote:

Originally Posted by CFFrost (Post 21301854)
For a few months now I've been doing A>B>Bank then B>A>Bank. I don't do these at exactly the same time - I usually spread them out by at least a week or two. I haven't had any problems.

Both of the bank accounts are INDIVIDUAL accounts. Both credit cards are mine (A) but on the B>A transaction I use an AU account which is not otherwise listed on my Amazon account.

Edit to add: A and B have the same address but different last names, if that matters at all.

was thinking of trying that one myself, but with A & B having both the same last name and address, not gonna try it.After all its only an extra $4k per month dont want to mess up whats working


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