Can I choose small amount to withdraw from my earning?

[TesfayHaile]

Instread of withdrawing my total earning, can I withdrwa small amout and how many times can i do that within a month period?

[Jill_C · Accepted solution]

No. You can only withdraw the total amount available to you. Since it takes up to 10 working days to receive payment, you'll only be able to do this 2-3 times per month. I request payout soon after accumulating $25 of sales.

[TesfayHaile]

I see , thanks a lot!

[ZALEZPHOTO]

Hi Jill, I'm wondering why you recommend withdrawing in $25 increments... I mean other than the world ending I never thought it be a problem until seeing your reply here 🙂

I haven't withdrawn, thinking my first goal is $1000, that I project happening around spring next year. 

[daniellei4510]

I suspect it's a matter of @Jill_C's personal preference, not a recommendation. I generally withdraw when I reach between $30-$40. 

[ZALEZPHOTO]

Got it. Thanks Dan! 

[Jill_C]

I don't see any reason to leave my earnings on deposit at Adobe since they don't pay interest. Additionally, I don't pay any fees to PayPal so there is no incentive to let funds accumulate. There have also been numerous reports here of contributors losing all their unpaid out funds when their accounts are suspended.. It's clearly stated in Adobe's T&C's that they have the right to withhold funds if accounts are closed for cause.

[ZALEZPHOTO]

Thanks Jill, it'd be sad to have a chunk of money frozen or disappeared for some crazy reason.

I think you may have talked me into it 🙂

cheers!

[Abambo]

Hi Jill, I'm wondering why you recommend withdrawing in $25 increments... I mean other than the world ending I never thought it be a problem until seeing your reply here 🙂

I haven't withdrawn, thinking my first goal is $1000, that I project happening around spring next year. 

By @ZALEZPHOTO

Because $25 is the minimal withdrawal. If it would be $24.56 she would have said $24.56. 

[Nancy OShea]

Your money earns more interest in a bank account than it does in Stock. It behooves you to withdraw your royalties as soon as you can.  Allow 10-15 working days for payments to reach your bank. 

[ZALEZPHOTO]

Thanks Nancy, the interest paid banks is deppressing, but you got me thinking that putting it on a stock, perhaps even on Adobe a better choice.

cheers.

[Nancy OShea]

Look for high yield saving accounts that earn 4% or more interest with no minium balance requirement. That way, you can access money when you need it without any penalty.  

[Abambo]

Thanks Nancy, the interest paid banks is deppressing, but you got me thinking that putting it on a stock, perhaps even on Adobe a better choice.

cheers.

By @ZALEZPHOTO

The interests paid by Adobe is more depressing... There is no real reason to keep cash in your Adobe account, except for the fun to withdraw a higher sum.