London, United Kingdom Online Community Manager
There’s an even faster way to get the money you earn hosting on Airbnb.
A new payout method called Fast Pay delivers your earnings within 30 minutes, even on weekends and holidays. Other methods, including bank transfers, can take up to five business days.
Fast Pay is available for a small fee to Hosts with an eligible U.S. Visa or Mastercard debit card.
Read more about it on the Resource Center.
What’s your preferred payout method? Share your tips for staying on top of your earnings and expenses.
Fast pay is hit and miss paying out. It appears Airbnb is not paying me in the 30 minutes that they promised. Don’t know if it’s a weekend thing, but my overnight guest has come and gone and no payment yet. The first few guest were paid quickly but now the shine has worn off. Why pay the extra fee if AirBnB can’t deliver?
My preferred payout method is Payoneer, but it comes with a small bug - I can't link it with my Airbnb account ever since I've got a new card issued. I have an open thread with CS for more than 2 months already and they obviously cannot help me.
I don't get it, it should be simple!
Dear @Bhumika thank you for taking such efforts 🙂 30 minutes ago we made some.progress, and now I am waiting for.my new account to be verified, hope.this time.it will work! I will keep you posted!
@Bhumikaas it seems I can't get hold of my CS representative, could you please check the status of my payoneer payout method verification? It seems to me that it already lasts too long... 😞
Hello @Ana7 ,
It was supposed to be done in 3-5 business days. Have you not received any communication yet? It should have been done by now?
thank you @Bhumika ! I got messages from Payoneer that the card was connected to my Airbnb account on November 24th, but something on the airbnb side is still locked... and my pending payouts are piling up!
I prefer a faster payout as it enables me to use the money for expenses or investing and creates better cashflow. Nobody wants to wait for their money. I will definitely take advantage of this when available.
@Karen114 at 1.5% for what is a weeks improvement in payment speed this is an horrendous effective interest rate. in simple terms (ie not compounded) its an annual interest rate of 75% - I am sure someone cleverer than me could do a proper calculation.
You would be better off taking out a commercial loan.