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Amazon dropshipping with credit card limit question

Discussion in 'Making Money' started by mitdrissia, Jul 15, 2014.

  1. mitdrissia

    mitdrissia Newbie

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    Hi Guys i wantend to start with dropshipping Amazon products and Sell on eBay.i allready have an account that has no limits.i have one question.
    If i order from Amazon i need to have a credit card,correct
    what if i Sell many items in one month How can i pay for items if THE credit card has a limit of 2K dollars
    is there a smart way to get money fast on THE credit card.
    what if i USE same credit card for Paypal and Amazon. I receive payment in my Paypal account and then transfer money to cc, when done i purchase from Amazon. Can this be done

    if not is there another way without hitting THE credit card limit fast.
    hope to hear from you soon GuysGuys
     
  2. SirSmash

    SirSmash Registered Member

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    Ask for a higher limit would be the simplest. If that doesn't work then you'll have to pay the credit card before you can put more than 2k on it. PayPal to Bank then Credit, you won't be able to pay your credit bill from PayPal.

    I'd also advise against using any credit card you actually care about with PayPal. eBay and PayPal will eventually screw with you, it's not IF, it's when. So just buy the stuff off Amazon using the card, when you get paid from eBay the money goes to PayPal then your bank account (get a separate checking account) and then the credit card.

    The faster way would be to deal with cash you have. Buy on Amazon with a PayPal debit card. If the eBay account doesn't have holds anymore then this might be your best bet as the eBay sale money can immediately be used on Amazon.
     
  3. mitdrissia

    mitdrissia Newbie

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    First of all i want to thank you for the great information you have shared.

    I'm still a bit confused though.
    So i have 3 options:
    1. Get a higher limit on my Credit card(issued by my bank). Not sure if the limit will be sufficient.
    2. Put balance on the credit card. I like this idea but can this be done instantly from paypal to my bank and then on to my credit card?Or does it take a lot of time. Also let's say i have a limit of 2k, can i put more then 2k on the cc?I m not referring to paying the credit/bill but putting money on the credit card.


    "So just buy the stuff off Amazon using the card, when you get paid from eBay the money goes to PayPal then your bank account (get a separate checking account) and then the credit card."
    What do you mean by "get a separate checking account". Also you said dont use a credit card you care about but how will the funds be added from paypal to bank and then from bank to credit card? So if i m right it's better not to use a credit card i care about for both paypal and amazon.
    If this is correct what kind of credit cards can i use?

    The faster way would be to deal with cash you have. Buy on Amazon with a PayPal debit card.
    So my best option is to use a paypal debit card on amazon. Where can I find one if I m from Europe?So this debit card uses my paypal funds to pay for the credit card bill,correct?That would be great but then I have other fees to pay.Or do I need to fund it with my own money.I hope first option because that would be much better.

    If the eBay account doesn't have holds anymore then this might be your best bet as the eBay sale money can immediately be used on Amazon.
    With holds you mean selling limits. I don't have any selling limits. Ebay sale money you mean money coming in paypal account through selling on Ebay. So I need to connect the paypal debit card to my paypal account, correct?
    Sorry that I look in all details but I need to know what I am doing before starting anything.

    Thank you for all your help and hope you can remove the confusion I have.
     
  4. mitdrissia

    mitdrissia Newbie

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    any help guys?I really need this to start the dropship business.
    thanks