What happens when you reach payout minimum?
By abbypringles
@abbypringles (1613)
Philippines
September 30, 2009 8:35pm CST
An obvious question that even offers a more obvious answer for some (particularly senior) members of mylot. But since I am relatively new here and have just reached the payout minimum for the first time, and since September has ended and it means that payouts will be processed soon, I was wondering how that will work out. Once you reach a new month, does the earnings counter go back to zero and you can start earning to reach minimum payout again? And how will you know about the status of the payment processing for your account? Sorry to overload you with questions, I am just getting a little giddy with excitement 
because if ever, this will mark the first time I will be receiving payment from a paying social networking site, such as mylot. 
Thanks for all your input. much appreciated 
because if ever, this will mark the first time I will be receiving payment from a paying social networking site, such as mylot.
Thanks for all your input. much appreciated 1 person likes this
1 response
@LetranKnight25 (33117)
• Philippines
1 Oct 09
hello abbypringles
Hmmmm..Pringles? yummy, are you cheese flavor. i have a question for you too?
1. Do you already have a Paypal account?
2. Have you already link your Paypal with your bank account?
What will happened is that now you have reached the pay out, the earnings will undoubtly re-set to zero and start over. you can check it here in this link. just copy paste it instead.
Not referral link.
http://www.mylot.com/nr/earnings_p.aspx
If it's pending that means you have to wait for the 15th of October to simply just wait for them to send it to your paypal account. after that, it's up to you whether you want to keep that in paypal or simply withdraw the amount from paypal to be sent to your bank account. I've done that so many times.
If you don't have a bank yet, the best recommended is Union Bank, specifically The Cyber Eon Account..it's a combination of a bank account, and debit card.
more questions? keep asking. have a great day..pringles
@LetranKnight25 (33117)
• Philippines
1 Oct 09
undoubtly re-set to zero and start over - MY MISTAKE
..
the remaining balance will be carried over for the next months pay out.
Man, after all this time
..
the remaining balance will be carried over for the next months pay out.
Man, after all this time