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Topic: when should i cash out?  (Read 628 times)

mahhum12

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when should i cash out?
« on: October 27, 2011, 07:40:58 pm »
when is the right day to cash out this month so i get my payment in november and not have to wait another month to cash out? do i cash out on the end of the month?

firestorm420

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Re: when should i cash out?
« Reply #1 on: October 27, 2011, 08:39:49 pm »
when is the right day to cash out this month so i get my payment in november and not have to wait another month to cash out? do i cash out on the end of the month?
As long as you cash out in this calander month, Oct 1st-31st, You will recieve your payment on or around Nov 20th (paypal is sooner, check takes a few days longer to travel)

It does not matter which day of the month you cash out, because FusionCash sends out payment on (or very close to) the 20th of the FOLLOWING month after you cash out, every time.

My advice is to wait untill the last couple days of the month each time you want to cash out, because waiting longer to cashout will not make you have to wait longer to get your check, itll take the same amount of time either way, as long as you cashout by the end of the month. And that way you can have some extra time to add some more $ to your check before cashing out for the month.
Hope this helps.



swogden

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Re: when should i cash out?
« Reply #2 on: October 28, 2011, 10:25:47 am »
I generally cash out on the day before the last day of the month.

The only reason I don't cash out on the last day is that I'm never sure what time of day it is where transactions are processed -- and I want to make sure the request is labeled as occurring in the current month.  Believe FC processing is based on PST but when I initiate the request on October 30th, I know it will be treated as an October transaction/request.


dsawan

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Re: when should i cash out?
« Reply #3 on: October 30, 2011, 12:39:55 am »
cash out wqhen ya reach the min, preferably the 29th or so. But not uncommon otherwise

jkhanson

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Re: when should i cash out?
« Reply #4 on: November 01, 2011, 02:59:22 pm »
Another thought on "When to cash out" is to cash out whenever you reach the cashout threshold.  You will have that amount pending payment until the 20th of the following month.  You can be started on building toward your next cashout.
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