What is your payout policy?
Payouts can be requested once you meet the minimum balance required. Payouts are processed daily. When you pass a Pro Level or win a Battle, your payout goes straight to your wallet.
What are your payout methods?
Payout methods include direct bank transfers via Plaid.
How do I request a payout?
Payout requests can be made through your dashboard by selecting the payout option in your wallet. You will need to link your bank through Plaid and the amount you wish to withdraw.
When can I request a payout?
Payouts go to your wallet automatically when you earn them, either by passing a Pro Level in a Challenge or by winning a Battle. You can withdraw once your KYC process is finished.
How does taking a payout affect my account?
Withdrawing from your Prize Wallet only lowers your Prize Wallet balance. It doesn't affect your Bankroll, your progress in a Challenge, or your standing in any Battle.
The one thing that does change your Bankroll is earning a payout in the Pro Levels. When you clear a Pro Level, your payout moves out of your Bankroll and into your Prize Wallet before the next level starts, so your next level begins from that lower balance. For a full example, see How Do Payouts Work at Bankroll U?
How long does it take to receive my payout?
Bankroll U processes payout requests the same day. Once it's sent, the time it takes to actually land in your account depends on your bank.
Can I cancel a payout request?
No. Because we process same-day, a payout can't be canceled once it's initiated.
Which tax forms will I receive at the end of the year?
You may receive a 1099 form (US) or equivalent, depending on your earnings and location. Bankroll U will issue the necessary forms based on your account information.