question about cashouts

[ripagert]

Quick question.  I make around $100 every month here on FC.  I would like to let my cash out amount reach a high amount (like $500)before I cash out.  Does it take longer to get your cash out approved if you do this or does it take the same amount of time.  I already have $231 plus for a balance and I would like to wait about 2 months to cash out when my balance is $500.  I know if I cash out the last day of a month you get your approval around the 19th or 20th of the following month.  My question is.....If I have a higher balance and like 4 or 5 months worth of credits, does it take longer for approval.  Thanks for the help.  I don't want to risk losing any credits because I know that they are only valid for 180 days (6 months).

[jmccaskill]

I have seen not 'qualifiers' posted in the FC rules that would indicate that your larger cash out request would be treated any different than ones of a smaller amount. The amount should not matter at all, it is only a 'number' for FC to deal with and the process of approval should be treated the identical way. I am positive that if larger cash outs were in anyway an issue for FC they would have some very clear statements about that published in the rules.

[swogden]

I've never waited longer than necessary to cash out but I doubt you would lose anything unless you waited more than 6 months  (credits older than 180 days old are lost.)

You do realize that you are giving up the $1.00 bonus for posting your cash out when you defer your cash outs to receive a larger amount. 

Congratulations on earning more than $100/month!  Keep up the good work.

[ripagert]

Thanks for the info....Yea I realize i'm giving up the $1 for the pic bonus but I guess its a small price to pay.  I would just rather get one nice large check as opposed to 5 $100 checks.

[swogden]

Thanks for the info....Yea I realize i'm giving up the $1 for the pic bonus but I guess its a small price to pay.  I would just rather get one nice large check as opposed to 5 $100 checks.

That's your option.

Just what out for the 180 day rule.  When your oldest credits get within 30 days of the 180 day limit, you will see a red notice above the credit saying that it will expire in XX days.  That only helps, though, if you actually look at the bottom credits in your account.

[ripagert]

Thank you....I have never gotten that close to the expiration that I had to worry about that but its nice to know that FC will let you know when your credits are getting close to expire.....Thanks for all the info everyone.