How do I get paid?
You set your preferred method of payment, by personal check or direct deposit to your bank account, in your payee information. However, international CashParking customers can only receive payment by personal check. The amount you receive depends on your CashParking plan.
Domestic CashParking Customers
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. If you do not earn $15.00 in a month, the total revenue earned rolls over to the next month until your total earnings exceed $15.00.
Check payments are subject to a $50.00 minimum and a $10 service fee. If you do not earn $50.00 in a month, the total revenue earned rolls over to the next month until your total earnings exceed $50.00. 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 CashParking Customers
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
NOTE: We can only submit electronic deposits to other U.S.-based bank accounts.
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.