How do I collect my CashParking revenue?
You set your preferred method of payment: personal check, direct deposit to your bank account, PayPal account or Good As Gold account, in your payee information. The amount you receive depends on your CashParking plan.
Electronic Payment Options
We pay revenue midway through the second month following the month in which it was earned. For example, revenue earned in January is paid in the middle of March.
- Direct Deposit payments are subject to a $15.00 minimum. NOTE: We can only submit electronic deposits to other U.S.-based bank accounts.
- PayPal is subject to a $25.00 minimum.
- Gold As Gold accounts are subject to a $5.00 minimum.
NOTE: If you do not earn the stated minimum in a month, the total revenue earned rolls over to the next month until your total earnings exceed that amount.
U.S.-based check payments are subject to a $50.00 minimum. International check payments are subject to a $100.00 minimum. Both incur a $10 service fee. If you do not earn the minimum in a month, the total revenue earned rolls over to the next month until your total earnings exceed the minimum. We deduct the $10 service fee from the total amount of revenue being paid. We waive the service fee for the first three months, and we encourage all of our customers to use the Direct Deposit option to avoid the service fee.
International Check Payments
We send checks to international customers approximately 45 days after the end of each quarter, on the following dates:
- February 15th, for revenue earned October 1st to December 31st
- May 15th, for revenue earned January 1st to March 31st
- August 15th, for revenue earned April 1st to June 30th
- November 15th, for revenue earned July 1st to September 30th
Cancellation Notice
If you cancel your account, there is a $15 service fee deducted from unpaid funds in your account. After all applicable fees, we pay the remaining balance in accordance to your selected payment option.