Newbie Amazon Payments Question

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

  1. LAM Silver Member

    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.
    deant likes this.
    • Original Member

    misman Gold Member

    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.
    harvson3 and deant like this.
  2. Extra Pack of Peanuts Silver Member

    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.
    Len Williams likes this.
    • Original Member

    Len Williams Silver Member

    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!
    • Original Member

    schnitzel Gold Member

    But you've got to go the other direction too, once you've withdrawn the money .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

    Len Williams Silver Member

    I only send the money one way in my household.
    Dreamworks likes this.
    • Original Member

    deant Milepoint Guide

    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.
    schnitzel and Len Williams like this.
    • Original Member

    schnitzel Gold Member

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

    The more the merrier! I have a conga line with 6 friends
    • Original Member

    schnitzel Gold Member

    OK - but how many spots are you in that line?
  4. infamousdx Silver Member

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

    schnitzel Gold Member

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

    deant Milepoint Guide

    Probably all.
  5. citizenrex Active Member

    What are consequences of being caught? Could you actually lose money?
  6. citizenrex Active Member

    What is max number of accounts anyone has set up?
  7. infamousdx Silver Member

    I believe they just ban you from ever using their payment services again
    • Original Member

    deant Milepoint Guide

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

    Wouldn't reccommend it though, almost had my good amazon account shutdown...
    • Original Member

    schnitzel Gold Member

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

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

    How much have you been sending each month? Different payment amounts?
  11. NYCAdventurer Gold Member

    1000
  12. KetchupNurse Silver Member

    Yes, I completely stopped
  13. citizenrex Active Member

    How does amazon payments compare with Venmo and Serve?
    • Original Member

    schnitzel Gold Member

    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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