In Mylot Is It Compulsary To Withdrawl the Amount at $10?
@sahilpadhiyar20 (532)
India
December 1, 2009 12:27pm CST
Hello Mylot Friends,I Hope you all have Earned a Lot From Mylot,So As you all are more Experience I wanted to ask you Is It Compulsary that we have to withdrawl the amount $10 whenever we reach it because I Have a little Bigger Plans I would Like to withdrawl at $100.So Can I Do this or it is compulsary to everyone to withdrawl at $10?
2 people like this
6 responses
@thinkingoutloud (6127)
• Canada
1 Dec 09
You can decide your minimum payment, sahilpadhiyar20. Go to your "payment information" page in "preferences" and scroll down... there is the option to set your minimum to $10, $25, $50 or $100. You can also use this link: http://www.mylot.com/nr/editPayment.aspx
1 person likes this
@str8_up_cutie83 (217)
• United States
26 Feb 10
Like everyone has said, no you are not obligated to have your cashout set at $10.00. I have mine set at ten dollars so that when I finally reach payout I can received immediately. For me trying to get to $100.00 would be a lot harder. The payments that I receive here I plan on saving, so even if I receive it at ten dollars at a time of even 100 at a time, I am trying not to touch it! :)
@zeethegr8 (785)
• India
5 Dec 09
Well we can always change the minimum payout amount. Its nice to see that myLot gives the freedom to decide how much we would like to withdraw. I would also like to withdraw bigger amounts but for that I should actually make that much. Right now I'm aiming for 10$. Lets see when I'll reach payout. I'm already half way through.
@chookie1971 (2271)
• Australia
1 Dec 09
Like others have said, No it is not sompulsary to withdraw the money at $10. I only have mine set to that because it does take me a while to get that amount. If I had referrals and earn more quickly, I may put up the payout figure although it doesn't matter because Mylot pays the full amount that you have at the end of the last day of the month. Just as an example, if you have reach minimum payout of $10 today (2nd december), you will not be paid the $10. It will keep growing. So by the time the end of 31st december comes around (going into the 1st January) if you have say $14.56, that would be the approximate amount you will be paid on or before 15th January.
But you do have the power to set your own payout figures as others have mentioned.
@rosekiss (30413)
• Eugene, Oregon
1 Dec 09
You can chnge the amount if you wish, up to $100. I leave it at $10, as I don't gov over that to much so I would have to work harder to reach a higher amount. I have been here since April, and I have never changed it so far, and I doubt I will change it. I thought of raising to to $15, but I just didn't think I could make that, and I come close, bu not quite. If you feel though, that you can get a higher payout then go for it. I wish you all the best in doing so, and happy mylotting. 






