How to Withdraw Money from Fiverr – (4 Ways of Withdrawl)

A seller can withdraw money from Fiverr to his account anytime he wants.

But there are some rules that a user must know to avoid consequences.

Fiverr charge for every transaction and there is a certain limit on how many dollars a seller can withdraw.

From the Fiverr wallet, a seller can transfer money to PayPal, Payoneer, Fiverr revenue card, and direct bank transfer.

The seller can pick any of these wallets according to requirements.

However, the withdrawal method for each bank will be different. Here is how you can withdraw money effortlessly.

Link your active bank account with Fiverr and if you have any available funds over $5 or $20, go to the Earnings section and click on the Withdrawal Balance option.

Now select the wallet where you want to transfer funds and a link will be sent to your email. Open that link and follow the onscreen instructions to successfully withdraw your funds.  

Moreover, in this blog, we will share a detailed guide with you on how you can easily withdraw money from Fiverr. So let’s begin.

4 Ways to Easily Withdraw Money from Fiverr  

Sellers can withdraw money to different online wallets and banks like PayPal, Fiverr Revenue Card, and others.

Each of these has a different process and here will share those easy steps with you.

1. Withdraw Money From Fiverr to PayPal

You can choose to withdraw money to your PayPal account from Fiverr directly. But first, you need to connect this account to Fiverr as a payment method.

Connect PayPal Account

If you haven’t linked your Paypal account to your Fiverr account yet, here are steps to do that

1. Login to your Fiverr account and go to Selling Menu
2. Click on Earnings. If you have any funds in the account, you have multiple options to withdraw it
3. Now, click on Withdraw Balance then PayPal account. You will see a notification that indicates your withdrawal process has started
4. Continue the PayPal account setup process by clicking on the link in the email. This link will be redirected to Fiverr
5. On this page, enter the PayPal ID and the email associated with it. Then reenter this address in the next field
6. After entering information, select the “I Understand and Agree” box
7. Click Connect to PayPal and a verification email will be sent to the PayPal email

Withdraw Funds to PayPal Account

1. Go to Withdraw area and click on PayPal account on the Fiverr Earnings page
2. Click on the link you receive in the email that says the withdrawal process has started
3. Follow all the instructions on PayPal to withdraw funds

2. Withdraw Money From Fiverr to Bank

You can withdraw money from Fiverr to your bank account directly. To do this, you will need to use the Payoneer system. Here are some steps that will help you with the bank transfer.

1. Go to the Fiverr Earnings page and click on Bank Transfer in the Withdraw area
2. Open the link you received in the email with the message the withdrawal process has started
3. Follow the instructions on Payoneer to transfer the funds successfully

3. Withdraw Money From Fiverr to Fiverr Revenue Card 

You can also send funds to a Fiverr revenue card from your Fiverr wallet. Here are a few easy ways to achieve that.

1. Go to Withdraw area on the Fiverr Earnings page and click on the Fiverr Revenue card
2. Open the link in your email that says the withdrawal process has started 
3. Now select if you want to transfer your funds within 2 hours or 2 days

4. Direct Deposit

The last way to transfer Fiverr funds is Direct Deposit. This withdrawal method is only for those sellers who live in the US. Also, this method has some limits.

This option is only available to those in the US, and it also comes with withdrawal limits. Here are some steps that will help you to transfer funds effortlessly.

• Open the Fiverr Earnings page and go to Withdraw area
• Click on Direct Deposit and you will receive a link in the email with the message the withdrawal process has started 
• Now follow the instructions on Payoneer to complete withdrawals using Direct Deposit

Fiverr Minimum Withdrawal

Fiverr allows sellers to withdraw money to different wallets and each of these wallets has a different minimum withdrawal rate. Here we will discuss these withdrawal limits and their fees.

PayPal Account

If you are withdrawing money to a PayPal account, the minimum amount limit is $1. In this transaction, there is no fee. But you have to pay an exchange rate fee if you don’t use USD. 

Bank Account

In case you are withdrawing money to a bank account, you will need a minimum of $50 to make a transaction. This withdrawal limit is for people who live outside the US. Also, there is a $3 charge to withdraw funds to a bank account.  

Fiverr Revenue Card

If you are withdrawing money to a Fiverr revenue card, you need to earn at least a minimum of $30. This withdrawal limit is for people who live outside the US. On this transaction, you will be charged a fee of $1 per withdrawal if you select 2 days time period. But if you want to transfer funds in 2 hours then the fee will be $3. 

Direct Deposit

For direct deposit, you need at least $10 in your Fiverr account. For this method, you will be charged $1. Remember you can not use this method if you are using a Fiverr revenue card.

Furthermore, after earning enough funds, you need to wait for some days to get the money in your wallet. It may take Fiverr 14 to 25 business days to validate and transfer customer payments to your account.

This process duration varies from seller to seller according to their level. If you see a “Pending” mark on your funds, this means you can’t withdraw them.   

If you are a new seller, level 1 seller, or level 2 seller, you need to wait for 14 days. Once you see the “Cleared” mark on your funds, you can withdraw them to your desired wallet.

But if you are a Top-Rated seller, Seller plus premium seller, or pro seller, Fiverr will take only 7 days to clear your payments. In case, your wait limit exceeds, you can contact customer support to know what is causing a delay.

How To Withdraw Money From Fiverr Using Payoneer?

To withdraw money to Payoneer, you first need to link it with Fiverr. To link the Payoneer account, use the following steps   

• Login to your Fiverr account and click on the Settings tab
• Select “Payment Settings” and pick the Payoneer option here
• Enter your Payoneer option and once you enter all the information you will receive an email that says your “Payoneer account has been successfully linked”

Now, you have successfully linked your account with Fiverr, use the following steps to withdraw funds.

1. Go to the Fiverr Earnings page and click on Bank Transfer or Fiverr Revenue card in the Withdraw area according to the account you have linked
2. You will receive a link in the email you have linked with the Payoneer account. Open this link to continue the process
3. Follow the instructions on the Payoneer screen to transfer the funds successfully

Furthermore, while withdrawing the money to Payoneer, you will need to provide some details like

• Payoneer account number
• Routing number
• Bank name
• Bank address
• Payoneer bank country 

By withdrawing funds to Payoneer, you will be charged $1 no matter how much money you are transferring. Remember, this fee will be deducted if you receive the money within 24 hours.

If you want to receive the money within 2 hours, you will need to pay a fee of $3. So choose the time wisely. The minimum withdrawal limit of Payoneer is $5 and the maximum limit is $20,000.

What is the best way to withdraw money from Fiverr?

You can withdraw money from Fiverr using different ways. But the most straightforward and quickest way to transfer money is to transfer funds from the bank account to Fiverr’s bank account. After you transfer the money, Fiverr will send you a confirmation email that says “you have been credited your money”. 

The second way is to use Fiverr’s payment gateway, to withdraw money from Fiverr. Remember this money transfer way is a little complicated. But it allows withdrawing money to different wallets like PayPal, Venmo, and Dwolla. 

The third and last way to withdraw funds from Fiverr is to use Fiverr’s ATM withdrawal service. This option is complicated of all but allows sellers to withdraw money from Fiverr waller to different banks link Ally Bank, Chase QuickPay, and Green Dot.

Among these methods, the best method to withdraw funds from Fiverr depends on the type of account you have with the bank where Fiverr is registered. If you have a bank account with a participating bank, you must use Fiverr’s payment gateway as this is the easiest way to withdraw money.

If you don’t have a bank account and want to withdraw money differently, the payment gateway is the best option for you. However, if you are looking for a secure method, withdraw money through Fiverr’s ATM withdrawal service. This method is a bit complicated but the most secure of all.

Video Guide: How to Withdraw Money from Fiverr – (4 Ways of Withdrawl)

Still finding it difficult to withdraw money from Fiverr, don’t worry, we have you covered. In this tutorial, you will learn all the tricks and tips that will help you to draw funds easily. So must watch this video.

Video Source: Chris Tech Guide

Bringing It All Together

After completing an order on Fiverr you will get the payment in the Fiverr balance.

You can withdraw this money to a personal account to use it.

We have discussed all the methods above that you can use to get your money.

We have also mentioned the minimum limit of each withdrawal method.

So make sure to select the wallet according to your funds limit and the account you have linked with Fiverr. In this way, you will receive no errors and get money with a minimum fee deduction.

FAQs

Can I transfer my Fiverr balance to my bank account?

Yes, you can transfer your Fiverr balance to the bank account through the Payoneer system, and here is how to do that.

1. Go to the Fiverr Earnings page and click on Bank Transfer in the Withdraw area
2. Open the link you received in the email with the message the withdrawal process has started
3. Follow the instructions on Payoneer to transfer the funds successfully

How To Withdraw Fiverr Personal Balance In 2023?

To withdraw your Fiverr personal balance use the following steps

• Login to your Fiverr account and open the selling menu
• Go to Earnings and click on Withdrawl balance
• Now select the right option to withdraw funds among Bank transfer, PayPal, Fiverr revenue card, and Direct deposit

Where does my Fiverr money go?

When a buyer makes an order on Fiverr, he needs to pay the money to Fiverr in advance. Once the order gets completed, Fiverr assigns 80% of that money to the seller with Pending status.

Fiverr takes almost 14 days to clear this payment. During this time, Fiverr makes sure that the buyer is satisfied with the work. When the buyer sees a Clear status he can withdraw money to any wallet at any time.  

How do I transfer money from Fiverr to PayPal?

To transfer money from Fiverr to PayPal, have a look at the following steps

1. Go to Withdraw area and click on PayPal account on the Fiverr Earnings page
2. Click on the link you receive in the email that says the withdrawal process has started
3. Follow all the instructions on PayPal to withdraw funds

Does Fiverr only use PayPal?

No, Fiverr doesn’t only use Paypal. You can use your Payoneer account, bank account, or Fiverr revenue card, or use the direct deposit method to transfer funds from Fiverr. Remember to use any of these methods, you first need to connect it to Fiverr.

How do sellers get paid on Fiverr?

When a buyer makes an order, he needs to pay Fiverr in advance. When the order is delivered and completed successfully, the seller receives 80% of the total order value. For example, if a seller completes an order of $5, he will receive $4 as Fiverr takes 20% from buyers.