Newbie Amazon Payments Question

Discussion in 'Newbies' started by LAM, Mar 3, 2012.  |  Print Topic

  1. LAM

    LAM Silver Member

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    I am looking at getting the Chase Sapphire Preferred card and I am worried about spending $3000 in three months. I was looking at making one Amazon Payment of about $500.00. Can I send the payment from the credit card to my own bank account? Sorry if this question has been answered before. I did search the archives and could not find anything.
     
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  2. misman
    Original Member

    misman Gold Member

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    Welcome to MP. Rather than speculate, I'm going to refer you to this thread where they've been discussing Amazon payments.

    On a side note, if you are looking for somewhere to building you spending, please check out the Milepoint Kiva Team.
     
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  3. Extra Pack of Peanuts

    Extra Pack of Peanuts Silver Member

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    I would recommend against it, although there are some in the other posts that is referenced above that say you can have two separate email accounts and it works out.

    You would definitely have to set up two amazon payment accounts with two different email accounts. Then, you'd have to link one to your credit card and the other to your bank account. As I said, I'd be wary of doing it, and don't have any personal experience doing it. But if you are going to do it, that would be the way to go about it.
     
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  4. Len Williams
    Original Member

    Len Williams Silver Member

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    This is exactly how I have handled using Amazon Payments(A.P.). Two separate email accounts and two separate Amazon Payments accounts(The wife and I). One A.P. linked to the card and the other to my bank account. I've successfully sent $1000 every 30 days fee-free when trying to meet the minimum spend. I only use this when absolutely needed to help meet that high minimum spend though. Good luck!
     
  5. schnitzel
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    schnitzel Gold Member

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    But you've got to go the other direction too, once you've withdrawn the money . . .
     
  6. Len Williams
    Original Member

    Len Williams Silver Member

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    I only send the money one way in my household.
     
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  7. deant
    Original Member

    deant Milepoint Guide

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    We have 3 email and 3 Amazon accounts. Always do 3 transfers per month. No problems whatsoever. That way we never have a "back and forth" set of transfers.
     
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  8. schnitzel
    Original Member

    schnitzel Gold Member

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    I've got two. For obvious reasons, three sounds 50% better.
     
  9. infamousdx

    infamousdx Silver Member

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    The more the merrier! I have a conga line with 6 friends
     
  10. schnitzel
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    schnitzel Gold Member

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    OK - but how many spots are you in that line?
     
  11. infamousdx

    infamousdx Silver Member

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    My 'household' is 2... my wife and me. Everyone else is just 1:1. I wish they'd sign up more accounts though
     
  12. schnitzel
    Original Member

    schnitzel Gold Member

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    Hmm. Anyone opened accounts in their kids name?
     
  13. deant
    Original Member

    deant Milepoint Guide

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    Probably all.
     
  14. citizenrex

    citizenrex Silver Member

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    What are consequences of being caught? Could you actually lose money?
     
  15. citizenrex

    citizenrex Silver Member

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    What is max number of accounts anyone has set up?
     
  16. infamousdx

    infamousdx Silver Member

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    I believe they just ban you from ever using their payment services again
     
  17. deant
    Original Member

    deant Milepoint Guide

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    I know some people have set up more than 2 accounts per s.s. number.
     
  18. KetchupNurse

    KetchupNurse Silver Member

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    Wouldn't reccommend it though, almost had my good amazon account shutdown...
     
  19. schnitzel
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    schnitzel Gold Member

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    How does the "almost" part work? You got a warning, and then backed off?
     
  20. NYCAdventurer

    NYCAdventurer Gold Member

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    Amazon payments been good to me. Been paying my wife monthly and she been paying me. So far no problems.
     
  21. Dangjr213

    Dangjr213 Gold Member

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    How much have you been sending each month? Different payment amounts?
     
  22. NYCAdventurer

    NYCAdventurer Gold Member

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    1000
     
  23. KetchupNurse

    KetchupNurse Silver Member

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    Yes, I completely stopped
     
  24. citizenrex

    citizenrex Silver Member

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    How does amazon payments compare with Venmo and Serve?
     
  25. schnitzel
    Original Member

    schnitzel Gold Member

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    For one, it seems to actually have a working website.

    Beyond that, last time I tried to use Serve, the limit was $100.
     

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