dbt card payout

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  • ThaWoj
    SBR Hall of Famer
    • 03-09-10
    • 6748

    #1
    dbt card payout
    any info on 5D dc payout? what is the fee and do u just tell them the card numbet/***/exp etc and then in 4 days or so money is in your bank acct? can u use a prepaid like grn d0t?

    Thanks
  • tto827
    SBR Hall of Famer
    • 10-01-12
    • 9078

    #2
    I would think its similar to the DSI DC which you have to sign up for a new card which they send to you. Otherwise whats the point of the DC method, they are just sending the cash into a bank account somewhere anyway.
    Comment
    • tb1984
      SBR MVP
      • 09-11-08
      • 3112

      #3

      How to withdraw funds from your 5Dimes account through DC Funds Application
      DC Funds Application (DCFA) withdrawals requests must be submitted Mondays through Thursdays from 9:00 AM ET to 1:00 PM ET. Payments are processed 24-48 hours after the request is entered to cards issued by banking entities and attached to a bank account ONLY (the use of prepaid cards, reloadable cards, ************, gift cards or any other type of card that is not exactly a DC is not allowed). This payment option is available to customers worldwide that have received at least one payment from 5Dimes through other methods. Funds Application payouts are sent in US Dollars, you must check currency exchange rates with your DC issuer. Some banking entities are unable to receive DCFA transactions, contact Customer Support via Live Help or call 1-800-430-5896 for further information.
      The minimum withdrawal amount sent to a DC is $100. The maximum amount is $2500. DC Funds Application take 3-5 business days to be credited to your card after they are processed by our merchant. Payouts are processed to ********** or **** Debit cards of the 5Dimes account holders ONLY. You can have one DCFA payout processed every 48 hours (another payment cannot be sent until prior DC funds applications are confirmed received).
      In order to process a DC Funds Application payout you need to reply to a confirmation email sent by our Customer Service Staff. Make sure you respond to the email with accurate information as returned transactions due to delivery impossibilities caused by incorrect or incomplete card information will incur a $40 fee and may ban your account from this payout method.
      Note: 5Dimes holds no liability for funds sent to cards that do not fulfill the exact requirements above stated or for frozen funds/accounts due to internal policies of your bank. 5Dimes cannot be held liable for funds frozen by a financial entity after released by our processor; once funds are sent they are considered gone and will not be refunded under any circumstance. Frozen funds or any other type of complication with your card/account due to internal policies of your bank, data mismatches or due to the attempt to use prepaid cards, reloadable cards, ************, gift cards or any other type of card that is not EXACTLY a DC associated to a bank account under your name, will not be 5Dimes responsibility and assistance on this matter cannot be provided.
      Fees associated with DC Funds Application
      DC Funds Application payouts have an escalated fee:
      $15 for $100 up to $500
      $25 for $501 up to $1000
      $40 for $1001 up to $2500
      Remember, DC Funds Application redemption requests processed on Mondays between 9:00AM and 1:00PM ET may qualify to be sent free of charge if no payouts have been processed in your account during the past 30 days. If you have received a withdrawal from 5Dimes in the past 30 days you are NOT eligible for a free withdrawal. You are allowed ONE free withdrawal every 30 days only. If you wish to wait 30 days and until a Monday to have your redemption processed for free, you must contact Customer Service at the time of your request via Live Help. You may also call 1-800-430-5896. Any payout request that does not qualify to be sent for free will be processed having the corresponding fees applied without exceptions.
      For more assistance on DC Funds Application payouts, please contact our Customer Service Staff via Live Help or call 1-800-430-5896.
      Comment
      • ThaWoj
        SBR Hall of Famer
        • 03-09-10
        • 6748

        #4
        Awesome, thanks for the info. Has anyone used this method? Seems like better way to go, fees are cheaper and the funds would automatically be sent to your bank account
        Comment
        • tb1984
          SBR MVP
          • 09-11-08
          • 3112

          #5
          Originally posted by ThaWoj
          Awesome, thanks for the info. Has anyone used this method? Seems like better way to go, fees are cheaper and the funds would automatically be sent to your bank account
          Yeah, if you don't mind to wait for 4-5 business days. You're right, it's cheaper than p2p. I've used couple times, worked fine.
          Comment
          • LordVodka
            SBR Hall of Famer
            • 08-17-09
            • 5206

            #6
            Originally posted by ThaWoj
            Awesome, thanks for the info. Has anyone used this method? Seems like better way to go, fees are cheaper and the funds would automatically be sent to your bank account

            Who says it gets sent to your bank account? I don't think that's how it works at all. The DC they give you is a re-loadable DC. You basically go to any ATM and take out the money or you can use it to pay at stores.

            It has no link to your bank account at all.
            Comment
            • ThaWoj
              SBR Hall of Famer
              • 03-09-10
              • 6748

              #7
              No i think its similar to @.c.h.

              Like what tb posted from their site, u need to use a card that is connected with your bank. Cant use prepaid or anything else. Card has to have your name on it. Nothing to load or reload.
              Comment
              • LordVodka
                SBR Hall of Famer
                • 08-17-09
                • 5206

                #8
                Well I've never used any of those cards but users here have told me otherwise. You get the card they send you. You ask for a withdraw and they basically load the money to the card and then you can use it or take out money at atm. What is @.c.h?
                Comment
                • 5mike5
                  SBR Aristocracy
                  • 09-21-11
                  • 51848

                  #9
                  its just sent to the DC u already have with ur personal checkin account

                  its not like other books that send u a card for them only...its totally different
                  Comment
                  • LordVodka
                    SBR Hall of Famer
                    • 08-17-09
                    • 5206

                    #10
                    Originally posted by 5mike5
                    its just sent to the DC u already have with ur personal checkin account

                    its not like other books that send u a card for them only...its totally different
                    Oh so it is linked to the person's bank account?
                    Comment
                    • 5mike5
                      SBR Aristocracy
                      • 09-21-11
                      • 51848

                      #11
                      Originally posted by LordVodka
                      Oh so it is linked to the person's bank account?
                      yes

                      $2,500 max every 48 hrs, just 40 max fee

                      always 4-5 business days
                      Last edited by 5mike5; 10-15-12, 07:12 PM.
                      Comment
                      • ThaWoj
                        SBR Hall of Famer
                        • 03-09-10
                        • 6748

                        #12
                        Originally posted by LordVodka
                        Well I've never used any of those cards but users here have told me otherwise. You get the card they send you. You ask for a withdraw and they basically load the money to the card and then you can use it or take out money at atm. What is @.c.h?
                        A.c.h. is electronic funds xfer/check
                        Comment
                        • touchback
                          SBR MVP
                          • 02-08-12
                          • 1227

                          #13
                          If they send you the card then it is most likely an anonymous reloadable card like G Dot, if they ask for your bank account number then they are probably using ach to transfer funds to your account. In the end both cards can be used for store transactions or A T M withdrawals.
                          Comment
                          • gators0708
                            SBR MVP
                            • 10-07-10
                            • 2318

                            #14
                            Iv done this method about 4 times withdrew on a Monday and got the $ on Friday everytime, its good.
                            Comment
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