Congratulations! You’ve made a sale on Poshmark. Now for the most important part, how do you get paid on Poshmark?
How does Poshmark pay you?
After the buyer receives their package, Poshmark will release the money to your Poshmark account within 3 days of delivery, or when the customer accepts the order, whichever comes first.
The money will be deposited into your Poshmark account as a redeemable balance. You can find it under the ‘My Balance‘ tab in your account.
You’ll see three sections here. Credits is any credit that Poshmark gives you, only redeemable on Poshmark. You can get credits through Poshmark promotions and events.
The pending amount is for sales that haven’t been accepted by the customer yet. Once a sale is made, the commission will sit here as ‘pending’ until the items have been shipped and accepted by the buyer, or within 3 days of being delivered.
The redeemable balance is the amount you can withdraw, and is the commission from completed sales.
How do I withdraw my money from Poshmark?
You can withdraw your redeemable balance via direct deposit to your bank account.
Click on your redeemable balance.
It’ll bring you here, click on Bank Direct Deposit .
From here, you can update your bank account and edit the amount you want to redeem. Then simply hit the blue redeem button at the bottom.
Direct deposit requests normally take 1-3 business days not including weekends or holidays to transfer.
Getting paid on Poshmark is straight forward and easy!
New to Poshmark? Click here to use my free sign up link and get a sign up bonus!
Read More:
- How Do I Get Paid on Poshmark?
- How to Ship Packages with Poshmark
- How To Research Comps
- Find Your Customers On Poshmark
- How to sell on Poshmark: A 10 Step Guide
