Prolific Ac charges- anyone experience this?

W3Schools

Countrymadegirl

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#1
I cashed out £28.17 from my Prolific Ac account, and today I received only £27.16. Can anyone confirm if they have experienced this? I only ever see good things being said about Prolific, and never once have I seen anything about charges...

I tried to raise a ticket with PA, but it logged me out with an error 500 message, then the second attempt was 'loading' after I pressed submit for almost five minutes before I gave up.
 

Wibble

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#2
They charge for withdrawals to Paypal.
They offer another payment method, Circle, which is free for withdrawals over £20 I think.

Had several withdrawals via Circle, no issues, you can transfer from Circle to Paypal your bank for free.
I'd never heard of Circle before and have only ever used it with Prolific.

edit oops think I'm going senile.
 

Ginnybean

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#3
I cashed out £28.17 from my Prolific Ac account, and today I received only £27.16. Can anyone confirm if they have experienced this? I only ever see good things being said about Prolific, and never once have I seen anything about charges...

I tried to raise a ticket with PA, but it logged me out with an error 500 message, then the second attempt was 'loading' after I pressed submit for almost five minutes before I gave up.
Prolific payout to Paypal has a fee which Prolific have to pay and are passing the fee on to us - "PayPal cash outs are charged PayPal's 2.9% + 20p fee." Think they do this as they are doing academic surveys rather than commercial. Usually when we get a payout from somewhere to Paypal we pay no fee and the company absorbs the fees as a business cost.

Your fee of £1.01 was 2.9% of 28.17 = 81p (rounded down to nearest penny) plus 20p = £1.01. Ends up being over 3.5%!!

I use Paypal on Prolific as I had issues setting up Circle for some reason and gave up!
 

ChelseaGirl

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#4
The Paypal charges are a pain but cashing out in a bigger amount does reduce the impact a bit and it is reliable.
 

Petlamb

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#5
I'm going to presume you cashed out via paypal, which as stated above (and on the payout page, to be fair to prolific), does incur some fees. Circle is fee free over 20. Will also state i've had multiple cashouts through circle and had no problems whatsoever. Even had some little freebies from circle before.
 

Jon

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#6
  • Jon

    Jon

I'm going to presume you cashed out via paypal, which as stated above (and on the payout page, to be fair to prolific), does incur some fees. Circle is fee free over 20. Will also state i've had multiple cashouts through circle and had no problems whatsoever. Even had some little freebies from circle before.
Aye the first time I cashed out and the paypal fees appears I was like DA FUQ!

But yeah they do mention them so it was my mistake!
 

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