when do you cashout?

April 25, 2012 11:44am CST
As many people know there are sites which claim to have no min-payout on them. I have joined a site recently like this, What I would like to know is when you join sites like this how do you decide when to cash out? Do you do it asap or when you get a reasonable amount?
2 people like this
7 responses
• Philippines
23 Aug 12
If the website says that it has no minimum cash out then you can get your money even if it is still just 1 cent. In my case, I wait for it to reach about 5 dollars until I finally cash out. happy mylotting.
@jureathome (5361)
• Philippines
28 Apr 12
For my first cashouts, I would request for payment right away, to test if these sites are legit and would really transfer payment. I just did for my cliksia and phdbux. So far, only phdbux sent payment immediately. For the other, I have to wait a few days. I'll also be getting my first pay from myLot, Im so excited. But, once I've gotten my first pay from a particular site, i'll let the funds grow before I cash out. I'd just let the funds sit on my paypal account, though, until I reach a substantial amount, at least to cover for the charges involved in withdrawing money.
@Jul14nch0 (1414)
• Argentina
25 Apr 12
Deppends on how reliable the website is. If the website is very reliable, I wait to have at least $1 on my balance since I don't like receiving cents . However I may cash out sooner if I've my doubts about the site keeping being legit and paying (this doesn't happen often since I try to only join legit sites, actually, never happened).
@Porcospino (31367)
• Denmark
26 Apr 12
When I join a site without minimum payout I usually cashout when I have a couple of dollars. I don't like to wait, because there is a always a chance that the site will stop paying. It might seem like a reliable site right now, but that could change if they run out of money and if the sell the site to someone else. I have experienced that several times, so today I always cashout as soon as I have a couple of dollars. A couple of dollars is not a big amount, but if I wait I might get nothing at all, so I prefer to cashout where I have a couple of dollars.
@Cherish14 (2693)
• Philippines
27 Apr 12
hi there, i would cash out when i reach a better and bigger amount. but it stays in my paypal, i want to save it there first.
@varier (5685)
• Indonesia
25 Apr 12
Usually I will just cash out as soon as I reach the minimum payout mark, no matter how legit a site may be. There are still two conditions that stop me to cash out very soon : - If a site have a high payout fees. And yes, some sites tend to have huge payout fees so that I need to wait for my earning accumulate first, so the earning will be worth it - compared with the payout fees. - If I am being able to earn more within the same day. I prefer to have one payment request in a day, rather than making it two or more.
@marie2052 (3691)
• United States
25 Apr 12
I ususally wait til I get around 20.00 that way it is at least feasible amount to get something I need. Or help with a bill. to me taking out small amounts you just spend it friviously and then have nothing to show for your hard earned money it takes to make it. So I treat my cashouts like a end of month payout.