Nov 10, 2013, 11:26 am
Last edit by: mcdullhk88
Dead as of 10/13/14
FAQ's
Is Amazon Payments treated as a cash advance? No CC issuer has been reported as treating an AP transaction as a cash advance unless the sender selected "Payment is for Cash Advance" on the Send Money screen.
What does it mean when your payment is "pending"? Your payment will be reviewed. We are unsure whether this review is done by a human or computer. It should take less than 24 hours but is usually within minutes.
How should you describe your payment? "Goods or services" will allow you to charge with a CC and it will not be treated as a cash advance. Note: If you choose cash advance, it may be treated as such by your CC issuer; always choose Goods/Services. There is no reason to put anything in the optional description field - leave it blank.
What is the monthly limit for sending CC payments? $1,000 per calendar month per AP account
What is the monthly limit for receiving CC payments? $1,000 per calendar month per AP account
What if it is not allowing me to send/receive more than $500 or any at all? You probably have not verified your bank and/or added a CC. In order to get the full $1,000 allowance for sending and receiving you must have a bank verified AND a CC added to your account as a payment method.
Does AP qualify for special spending categories? Specifically it qualifies for Discover's (usually 4th quarter) category of online purchases but so far, not Chase's "5% CB on Amazon.com purchases." Refer to thread for other options.
Can you get shutdown? Yes.
How do you get shutdown? No one knows. Anecdotes are found throughout the thread. Some suspicious behavior that MIGHT get your AP account(s) shut down is listed below.
Which transaction is most advisable? A -> B -> C -> A (see here)
Are any fees charged during this process? No, not by Amazon Payments. If your transaction is treated as a cash advance by your card issuer--fees are possible. Beware and always double check that goods/services is selected!
Can you liquidate Amazon GC via AP? NO!
Can you liquidate other gift cards via AP? Yes. Note that you cannot liquidate the full value of a GC because amazon places a $1 hold while it verifies the validity of the GC. You can sometimes (not always) avoid the hold by entering an incorrect expiration date for the GC when adding it to your AP account, and after you have added it, go to "Edit my account settings," then to "Add edit or delete my credit cards" and edit the expiration date there.
When does the month end? It appears as if Amazon is on pacific time, so midnight PDT/PST is when the month resets.
It bears repeating that no one knows the methodology amazon uses to police AP transactions, determines which transactions violate its T&Cs, or identifies violators. However, various people in this thread and elsewhere have confirmed that their AP account(s) were shut down for the following reasons:
Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Personal-Accounts/User-Agreement-Policies/User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.
Is Amazon Payments treated as a cash advance? No CC issuer has been reported as treating an AP transaction as a cash advance unless the sender selected "Payment is for Cash Advance" on the Send Money screen.
What does it mean when your payment is "pending"? Your payment will be reviewed. We are unsure whether this review is done by a human or computer. It should take less than 24 hours but is usually within minutes.
How should you describe your payment? "Goods or services" will allow you to charge with a CC and it will not be treated as a cash advance. Note: If you choose cash advance, it may be treated as such by your CC issuer; always choose Goods/Services. There is no reason to put anything in the optional description field - leave it blank.
What is the monthly limit for sending CC payments? $1,000 per calendar month per AP account
What is the monthly limit for receiving CC payments? $1,000 per calendar month per AP account
What if it is not allowing me to send/receive more than $500 or any at all? You probably have not verified your bank and/or added a CC. In order to get the full $1,000 allowance for sending and receiving you must have a bank verified AND a CC added to your account as a payment method.
Does AP qualify for special spending categories? Specifically it qualifies for Discover's (usually 4th quarter) category of online purchases but so far, not Chase's "5% CB on Amazon.com purchases." Refer to thread for other options.
Can you get shutdown? Yes.
How do you get shutdown? No one knows. Anecdotes are found throughout the thread. Some suspicious behavior that MIGHT get your AP account(s) shut down is listed below.
Which transaction is most advisable? A -> B -> C -> A (see here)
Are any fees charged during this process? No, not by Amazon Payments. If your transaction is treated as a cash advance by your card issuer--fees are possible. Beware and always double check that goods/services is selected!
Can you liquidate Amazon GC via AP? NO!
Can you liquidate other gift cards via AP? Yes. Note that you cannot liquidate the full value of a GC because amazon places a $1 hold while it verifies the validity of the GC. You can sometimes (not always) avoid the hold by entering an incorrect expiration date for the GC when adding it to your AP account, and after you have added it, go to "Edit my account settings," then to "Add edit or delete my credit cards" and edit the expiration date there.
When does the month end? It appears as if Amazon is on pacific time, so midnight PDT/PST is when the month resets.
It bears repeating that no one knows the methodology amazon uses to police AP transactions, determines which transactions violate its T&Cs, or identifies violators. However, various people in this thread and elsewhere have confirmed that their AP account(s) were shut down for the following reasons:
- Associating one credit card number with more than one AP account (Be Careful if authorized user card has the same number as the primary card holder - in some instances the CC numbers are completely different)
- Associating one bank account with more than one AP account
Amazon Payments
Jan 9, 2014, 10:31 am
#3242
Join Date: Oct 2013
Location: WAS
Programs: SPG Plat. Marriott Plat. Hilton Diamond. Hyatt Diamond. IHG Plat.
Posts: 2,580
Jan 9, 2014, 10:44 am
#3243
Used to be ' simz '
Join Date: Jan 2012
Location: Kolkata, India
Programs: Does it matter..??? It doesn't matter to them
Posts: 1,129
Jan 9, 2014, 10:55 am
#3244
Join Date: May 2000
Location: I see palm trees....
Posts: 414
Jan 9, 2014, 12:27 pm
#3245
Join Date: Oct 2013
Programs: Hyatt Globalist No More..., Hyatt Explorist, Hilton Diamond, SPG Platinum, Marriott Platinum
Posts: 4,375
Or maybe just more people are starting to push the envelope since they see more people doing it and thus those added people are getting shutdown.
Jan 10, 2014, 5:39 am
#3247
Join Date: Sep 2013
Location: SNA/LAX
Posts: 1,407
I'm definitely doing this while I can. It doesn't hurt anything if I get a few accounts shutdown. All I can do is hope that they allow one survive in the end and I continue doing what I originally did in the beginning. If not, I have BF's and family and will be conservative with A-B-C.
Jan 10, 2014, 9:31 am
#3248
Join Date: Feb 2004
Location: TX
Posts: 756
Amazon Payments
For those that reopened new accounts after shut down. Are you using the same bank account that was linked to your suspended account? I too, got my 4 accounts shut down last month after years of AP. am slowly getting back into the game.
Jan 10, 2014, 5:24 pm
#3249
Join Date: Feb 2012
Location: LAX
Programs: AA, TY, UR, UA, US, WN, MR, SPG
Posts: 1,453
Question:
I am far from aggressive with AP. I do one $500 transfer and one $475 transfer per month to my fiance (A -> B), and that's it. However, her parents are giving us some cash towards the wedding ($5K), and I told them about AP as a way to send those funds over the next 5 months and get points for them. They wanted to just charge everything to their card, but not only is my card already on file, my venue is considered "travel," so 2x on CSP. I wasn't about to give that up.
tldr; So my question is: If I go ($975 A -> B), and then ($1000 C -> A), is that going to draw much attention? I only think it would because for the next 6 months, I'll be pretty much maxing out my send AND receive limits. While the C -> A transfer is a completely legitimate use of the service, my A -> B transfer is pure MS. Any reason to worry?
I am far from aggressive with AP. I do one $500 transfer and one $475 transfer per month to my fiance (A -> B), and that's it. However, her parents are giving us some cash towards the wedding ($5K), and I told them about AP as a way to send those funds over the next 5 months and get points for them. They wanted to just charge everything to their card, but not only is my card already on file, my venue is considered "travel," so 2x on CSP. I wasn't about to give that up.
tldr; So my question is: If I go ($975 A -> B), and then ($1000 C -> A), is that going to draw much attention? I only think it would because for the next 6 months, I'll be pretty much maxing out my send AND receive limits. While the C -> A transfer is a completely legitimate use of the service, my A -> B transfer is pure MS. Any reason to worry?
Jan 10, 2014, 6:05 pm
#3250
Join Date: Jan 2013
Location: NYC
Posts: 415
Question:
I am far from aggressive with AP. I do one $500 transfer and one $475 transfer per month to my fiance (A -> B), and that's it. However, her parents are giving us some cash towards the wedding ($5K), and I told them about AP as a way to send those funds over the next 5 months and get points for them. They wanted to just charge everything to their card, but not only is my card already on file, my venue is considered "travel," so 2x on CSP. I wasn't about to give that up.
tldr; So my question is: If I go ($975 A -> B), and then ($1000 C -> A), is that going to draw much attention? I only think it would because for the next 6 months, I'll be pretty much maxing out my send AND receive limits. While the C -> A transfer is a completely legitimate use of the service, my A -> B transfer is pure MS. Any reason to worry?
I am far from aggressive with AP. I do one $500 transfer and one $475 transfer per month to my fiance (A -> B), and that's it. However, her parents are giving us some cash towards the wedding ($5K), and I told them about AP as a way to send those funds over the next 5 months and get points for them. They wanted to just charge everything to their card, but not only is my card already on file, my venue is considered "travel," so 2x on CSP. I wasn't about to give that up.
tldr; So my question is: If I go ($975 A -> B), and then ($1000 C -> A), is that going to draw much attention? I only think it would because for the next 6 months, I'll be pretty much maxing out my send AND receive limits. While the C -> A transfer is a completely legitimate use of the service, my A -> B transfer is pure MS. Any reason to worry?
Jan 10, 2014, 6:51 pm
#3251
Join Date: Feb 2013
Posts: 801
Question:
I am far from aggressive with AP. I do one $500 transfer and one $475 transfer per month to my fiance (A -> B), and that's it. However, her parents are giving us some cash towards the wedding ($5K), and I told them about AP as a way to send those funds over the next 5 months and get points for them. They wanted to just charge everything to their card, but not only is my card already on file, my venue is considered "travel," so 2x on CSP. I wasn't about to give that up.
tldr; So my question is: If I go ($975 A -> B), and then ($1000 C -> A), is that going to draw much attention? I only think it would because for the next 6 months, I'll be pretty much maxing out my send AND receive limits. While the C -> A transfer is a completely legitimate use of the service, my A -> B transfer is pure MS. Any reason to worry?
I am far from aggressive with AP. I do one $500 transfer and one $475 transfer per month to my fiance (A -> B), and that's it. However, her parents are giving us some cash towards the wedding ($5K), and I told them about AP as a way to send those funds over the next 5 months and get points for them. They wanted to just charge everything to their card, but not only is my card already on file, my venue is considered "travel," so 2x on CSP. I wasn't about to give that up.
tldr; So my question is: If I go ($975 A -> B), and then ($1000 C -> A), is that going to draw much attention? I only think it would because for the next 6 months, I'll be pretty much maxing out my send AND receive limits. While the C -> A transfer is a completely legitimate use of the service, my A -> B transfer is pure MS. Any reason to worry?
Jan 11, 2014, 8:12 am
#3253
Join Date: Jan 2013
Programs: AA, SPG, MR, UR, Cash Back!
Posts: 606
For anyone using capital one 360 with Amazon Payments did you have to wait 30 days before being able to transfer money out of 360 into your regular checking account?
I really don't want to waste January by waiting 30 days.
I really don't want to waste January by waiting 30 days.
Last edited by Fuerza; Jan 11, 2014 at 8:40 am