Yes, ClickBank has their pay periods 2 times a month, but when you signed up with Clickbank to become an affiliate, did you read the fine print of when you will actually receive your money for the sales you have made?
Most people don’t read the fine print when they sign up with affiliate programs. This can create a lot of frustration later.
When you sign up with Clickbank as an affiliate marketer, you can set the amount on your account for when you will get a check sent to you, if you don’t set the amount, the default is $100.00.
If your account is over the amount you set and you have not received a check, here may be one reason why you have not received the money.
Taken from ClickBank Accounting Policy:
Customer Distribution Requirement
“ClickBank accounts cannot be used for the sole purpose of collecting rebates or otherwise extending credit to yourself or others. In compliance with US law, ClickBank will withhold payment of any account balance until it contains standing sales made with 5 or more different credit card numbers, including at least one Visa card, and one MasterCard. PayPal and eCheck purchases do not count toward the minimum.” (I added the emphasis)
So what this says that even if you have set your payment to be sent to you when your account reaches $100, it will not be sent until you have sales of 5 or more different credit card numbers…..(see rest above)
While I understand this, many new affiliates do not realize this and get upset when they don’t receive their payment, even though they have reached their payout amount.
There, of course, is more information on their accounting policy and if you are a new Clickbank affiliate, you should take a look at their policy information, not only for the above information but also to understand that when you finally are paid, they will take out a $2.50 accounting charge for each check issued.
Don’t get me wrong, there are many, many great products to promote using Click Bank, just make sure when you sign up with this or any affiliate program you read the fine print. I know it is boring and no one likes to do that, but it can save frustration down the road.
Tags: affiliate, affiliate program, click bank, clickbank