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
Apr 11, 2014 | 8:38 am
#3947
Join Date: Jan 2011
Location: NY
Programs: SPG preferred, AA, United
Posts: 290
and was so scared.
Last edited by daprophecy; Apr 11, 2014 at 8:39 am Reason: grammar
Apr 14, 2014 | 1:50 pm
#3948
Join Date: Oct 2012
Posts: 207
I have used of GCs from Staples over the past year. Now somehow even though I have 12 Credit Cards in my Amazon and Amazon Payments Profile, I am able to use only 6 of those to send Payments. Even when I add a new card, it does not show up as an option on the drop down menu on the payment screen. I have been checking every day for the past week and this is not going away. So essentially I can only use those 6 credit cards and I can not use any other. I have also deleted several cards hoping it will resolve it but that has not worked.
Anyone else had similar issues? Any recommendations? Any prior reports of such an issue?
Anyone else had similar issues? Any recommendations? Any prior reports of such an issue?
Apr 14, 2014 | 3:55 pm
#3949
Join Date: Dec 2013
Posts: 3,616
I have used of GCs from Staples over the past year. Now somehow even though I have 12 Credit Cards in my Amazon and Amazon Payments Profile, I am able to use only 6 of those to send Payments. Even when I add a new card, it does not show up as an option on the drop down menu on the payment screen. I have been checking every day for the past week and this is not going away. So essentially I can only use those 6 credit cards and I can not use any other. I have also deleted several cards hoping it will resolve it but that has not worked.
Anyone else had similar issues? Any recommendations? Any prior reports of such an issue?
Anyone else had similar issues? Any recommendations? Any prior reports of such an issue?
Apr 16, 2014 | 10:08 am
#3950
Join Date: Jan 2014
Posts: 14
Would this situation work has anyone tried it?
Setting up 2 accounts with one under me and one under my gf but using my bank accounts. Two separate bank accounts both nude my name. So when I pay her from my account I can just deposit it into my own account on her end.
For example AP 1 would be under my name AP 2 would be under hers. I have 3 bank accounts. 1 at PNC 1 at Chase and 1 at PNC which is a joint account with her.
AP 1 verified with 1st PNC account sends to AP 2. AP 2 deposits into either Chase acct or Joint account. I would prefer using the chase account because most of my cc payments come out of it but it doesn't have her name on the account so not sure if that would be a red flag.
Setting up 2 accounts with one under me and one under my gf but using my bank accounts. Two separate bank accounts both nude my name. So when I pay her from my account I can just deposit it into my own account on her end.
For example AP 1 would be under my name AP 2 would be under hers. I have 3 bank accounts. 1 at PNC 1 at Chase and 1 at PNC which is a joint account with her.
AP 1 verified with 1st PNC account sends to AP 2. AP 2 deposits into either Chase acct or Joint account. I would prefer using the chase account because most of my cc payments come out of it but it doesn't have her name on the account so not sure if that would be a red flag.
Last edited by ajacks108; Apr 16, 2014 at 10:17 am
Apr 16, 2014 | 10:59 am
#3951
Suspended
Join Date: Jan 2013
Location: LAX/SNA
Programs: AA, Hilton Gold
Posts: 3,887
Apr 18, 2014 | 3:38 am
#3955
Join Date: Jan 2014
Programs: SPG Platinum, Marriott LT Platinum, Hilton Diamond, Hyatt Globalist, AA Platinum Pro, AS MVP Gold
Posts: 215
Hi folks,
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
Apr 18, 2014 | 4:55 am
#3956
Join Date: Jul 2012
Location: San Francisco, CA
Programs: Jose Cuervo Gold, Bud Light Platinum, Schwab 401K, VW Bug 2MM
Posts: 1,147
Hi folks,
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
Apr 18, 2014 | 8:32 am
#3957
Join Date: Feb 2014
Posts: 835
Hi folks,
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
so I went on a bit of a crazy Amazon Payment accounts creation frenzy (to meet 35k spending after the death of VR and Serve), so I just want to double check a few things (I have found a few answers in this thread, but it's good to double check for this kind of things):
1) I will only receive a 1099K form if i "transfer" more than 20k AND more than 200 transactions, right?
2) Does the 200 transactions limit include both "send" and "receive"? Or just "send"? Is the 200 transaction product specific? (Like 200 for Amazon and 200 for Serve)
3) I'm also using Serve for MS purposes ($1500/month CC and $1000/month Debit), is that 20k limit product specific? (Like 20k for Amazon and 20k for Serve)
4) I have many accounts under my SSN, so I am assuming that all my Amazon Accounts will be tracked under my SSN for tax purposes, and not just one account each right? (so that'd be 12k maximum per account per year and never reach 20k anyway)
Thanks!
Apr 18, 2014 | 10:03 am
#3958
Join Date: Sep 2012
Posts: 4,436
I know a single gift card can't be used on multiple AP accounts at once, but what if I remove it from one account before adding it to another? For ex, use a $3000 AMEX gift card to send $900 from my wife's account to me; then remove it from her account and add it to mine so I can send $850 to my sister. Any data points in this?
Apr 18, 2014 | 10:16 am
#3959
Join Date: Feb 2011
Location: Orange County, CA
Programs: Delta PM | US PP | Hilton Gold
Posts: 288
I know a single gift card can't be used on multiple AP accounts at once, but what if I remove it from one account before adding it to another? For ex, use a $3000 AMEX gift card to send $900 from my wife's account to me; then remove it from her account and add it to mine so I can send $850 to my sister. Any data points in this?
Apr 18, 2014 | 12:24 pm
#3960
Join Date: Sep 2012
Posts: 4,436