$5 Cash Out Fee To Get Your MyLot Earnings???

@stezieb (2185)
United States
November 8, 2006 7:39pm CST
Heard this in a few discussions is it true? Is it always $5 even with different pay-out amounts?? Is this a MyLot or PayPal fee? Any Help would be appreciated. Thanks in advance.
1 person likes this
31 responses
@Donnyboy8 (787)
• United States
9 Nov 06
I am not sure if that is true but I know for sure that is not a paypal fee because it is not that high.
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
I know paypal charges on a couple of occasions. I am not sure of the circumstances. I know most e-banking websites like paypal and ikobo charge to convert your money to a different currency.
@skeemy (138)
• United States
9 Nov 06
Paypal charges if you have a business/merchant account. I get charged all the time, which sucks because sometimes I don't get paid very much for certian things.
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
I think the fee is minimal to receive your mylot earnings. Thanks for the Response.
@istanto (8572)
• Indonesia
9 Nov 06
Hello stezieb, I hear that too from other discussions they say there is $5 fee. I mind for what for this fee.. maybe only for ikobo money transfer cause yes there is $5 fees and 3% from total amount sending. for paypal i'm not sure because im not use paypal. sorry for my poor english. Have a nice day.
@stezieb (2185)
• United States
9 Nov 06
I hope that we can all receive what we have earned. I am reading the FAQ now. Thanks for the Response.
• Canada
9 Nov 06
istanto, you have just confused the heck out of me. I wasn't aware of any fees before (mind you I'm new) but if there are fees I still don't know for sure cause I didn't understand what you meant. Sorry, not trying to insult you just wondering if you can clear it up a bit. I'm not the banking type and could use banking for dummies talk
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
Please just read the first responses in this discussion everything is somewhat cleared up.
• Indonesia
9 Nov 06
As I know, paypal doesn't charge any fee. Maybe it's a fee if you request for cheque payment Correct me if I am wrong
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
Hopefully I get the full amount. Thanks for the Response.
@istanto (8572)
• Indonesia
9 Nov 06
I think mylot not use cheque for alternate payment?
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
I think mercury1060 means if your request a check from paypal not mylot. I believe it is around $2 to get a check from paypal if you have sufficient funds to withdraw from.
@Asylum (47285)
• Manchester, England
9 Nov 06
I have not reached the payout level so I cannot vouch for this with any guarantee. However, I have seen no mention of a payout fee anywhere on the site and would seriously doubt the truth in this. Paypal do not charge a fee unless you are using a premium or business account, in which case charges would apply.
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
I will get to the bottom of this. Thanks for the Response.
@wiccan (348)
• Australia
9 Nov 06
........when you do get to the bottom of it.....let me know, I'm in the dark too !
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
Check out the end of the first response. It is kind of confusing but I think I got it cleared up.
@gp2sbeta (275)
• Brazil
12 Nov 06
U can have only 1 acount, I think. 2 or more, no.
@stezieb (2185)
• United States
21 Nov 06
What are you talking about?
• Hyderabad, India
9 Nov 06
i have no idea about this , if this happen i thnik he is taking fee from us
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
Please refer to the first response of this discussion for the specifics.
• Indonesia
9 Nov 06
i don't know.. i am still beginner at here, still waiting until 15 december.
@stezieb (2185)
• United States
9 Nov 06
A beginner at a rating of 1115??? how much have you earned so far?
• United States
9 Nov 06
wow wtf 5$ fee? i barely have 3.50 $ cant be true
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
You won't receive payment until December 15th. That is if you reach $10 minimum payout. Refer to the first response of this discussion if you are confused about anything.
@manzician (4739)
• India
9 Nov 06
Is that true... that is not fair...
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
Check out the first response. There is useful information there. Thanks for the Response.
• Pakistan
9 Nov 06
i haven't heard abt it yet. and i dont know abt paypal. but yes! ikobo do cut the fee for first payment!
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
I am not too positive but I think it is a small amount from paypal. Thanks for the Response.
• China
9 Nov 06
dont worry, it cant be that high.
@stezieb (2185)
• United States
9 Nov 06
i am worrying now. I don't know when the earning period ends and begins. it doesnt make sense to me. Thanks for the Response.
@fubugirl (915)
• United States
9 Nov 06
I dont know either coz i have not gotten a payout yet.
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
I sure hope the don't. Thanks for the Response.
9 Nov 06
hope not
1 person likes this
@stezieb (2185)
• United States
9 Nov 06
Me too. Thanks for the Response.
@vankae (447)
• United States
12 Nov 06
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@msqtech (15226)
• United States
21 Nov 06
if you just spend it from paypal it costs nothing
@chance00 (3333)
• United States
9 Nov 06
There is always a Paypal fee. There is nothing that can be done
@stezieb (2185)
• United States
12 Nov 06
Cool, I kind of understand now. Thanks for the response.
@birthlady (5613)
• United States
9 Nov 06
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I haven't heard of this, but I know that PayPal charges a very small fee for electronic transfer to your banking institution.
@stezieb (2185)
• United States
12 Nov 06
Cool, I kind of understand now. Thanks for the response.
@sedel1027 (17868)
• United States
9 Nov 06
You have make at least $10 in MyLot to get a payout. MyLot doesn't charge you a fee, but paypal does on every deposit into your account. I think it is 1% (not 100% sure on that). If you get a check from PayPal, they charge you a $3 fee. It is free to transfer money into your bank account. If you use iKobo you do get charged a transaction fee. When you first open you iKobo account Mylot pays iKobo $5 to send you your debit card. There are transaction fees when you take money out of an ATM (just like any other ATM).
@stezieb (2185)
• United States
12 Nov 06
Cool, I kind of understand now. Thanks for the response.
@firelight (1859)
• Australia
9 Nov 06
Paypal fee's (in Australia anyway) vary depending on what type of account, and how it is paid into but are around 30 - 40 c plus a percentage of the total amount (ranging between 1.1% and 3.4%) There's also a paypal charge to change currency. These are PAYPAL fee's not mylots.
@stezieb (2185)
• United States
12 Nov 06
Cool, I kind of understand now. Thanks for the response.
@kids91911 (4366)
• United States
21 Nov 06
I haven't heard anything like that. I know you have to earn $10 before you get paid.
• Brazil
21 Nov 06
Hum. I havent read anything about it too. I think that it is not true.Actually, I hope that is not true.