How do sugar babies get paid

When you’ve weeded out all the potential sugar daddies and finally locked in a sugar daddy, then comes the sweet part–the funds. But the question is that how do sugar babies get paid? How should a sugar daddy pay you?

Before actually receiving your funds, it’s important that you both come to a mutual agreement on not only an amount, but the way you will be receiving it.

This sugar baby allowance guide will help you to make it clear about how do sugar daddies usually pay. Here are some ofpopular ways to help sugar babies get paid from sugar daddies. Try to use the safe ways to get your allowance in our list.

1. Cash

How do sugar daddies give you money? Cash is the best option for sugar sugar babies to get paid. Cash is king, and is probably the crowd favorite way to receive an allowance. It’s untraceable. This is an advantage of cash.

But cash still comes with a few downsides. It’s kind of awkward. Some sugar daddies don’t like the handing-over-of-the-stuffed-envelope routine so much.

Tips on getting paid by cash: If you decide to go the cash route, get money orders to pay your rent, your car payment, your tuition, etc. You may lose cash or it’s stolen, so make little deposits into your bank account.

Sugar babies do need to be careful in handling cash deposits that total $10,000 or more.

Specifically, US banks are required to file a report for any cash deposit above $10,000. This report could possibly trigger an investigation.

More subtly, the act of splitting a greater than $10,000 deposit into smaller amounts to avoid this reporting can be a crime, known as structuring.

2. Bank deposit

There are lots of sugar daddies usually pay sugar babies through bank deposit. You can give him the name of your bank, your name and your bank account number and he can make weekly, bi-monthly, or monthly deposits directly into your account.

Bank deposit is the best option for the sugar babies who in a long term arrangement with sugar daddies you know and trust. There is no hassle or reminding him to make the transfer if you schedule it automatically.

Pros: Hands-off and easy. The money in the bank is typically more secure than hoarding wads of cash under your mattress.

Cons: The possibility of tax trouble. The minimum deposit that require banks to report it to the IRS is $10,000. Reporting of bank deposits over $10,000 or more is required by the federal law in accordance with money laundering and drug trafficking laws. Failure to report transactions over the said amount are punishable by law.”

Tips for new sugar babies

We do not recommend form of transferring funds and never recommend this to any new sugar babies, for security purposes. Never send your personal banking information to someone you do not know.

If your Daddy insists on a bank transfer or a mobile deposit, take that as a red flag and try offering him some of the following options instead.

There different kinds of transfers. A standard bank transfer often clears by the end of the day and usually does not have a fee attached. A wire transfer is a different service entirely, and actually happens in real time with a real person, requiring a high fee. Chances are he’s not paying you via wire.

3. Peer-to-peer payment method: VENMO or PAYPAL

Paypal or Venmo may be more convenient for the both of you. This is the safest and easiest way for sugar babies get paid.

Receiving funds from a sugar daddy through Venmo or Paypal is safer because you never have to give out any personal information. All the person sending the money needs is the email address associated with your account or telephone number.

It is instant, fast, convenient, and protects personal information.

You can also try Try SquareCash, Google Wallet or other Peer-to-Peer Payment Options. These payment is instant, fast and protects your personal information.

4. Pre-Paid Card

Pre-paid gift cards are easily accessible and leave less of a trace, which is good thing if your SD requires discretion in your relationship. You can withdraw money from the card and use it to pay all your bills.

The good thing about this method is, companies such as American Express let you load up to $3,000 onto one prepaid card. This is probably one of the best options for sugar babies.

5. Bill Payment

You can let sugar daddies pay your bills. You have to disclose all of your bills information and personal information to your sugar daddy.

6. Bitcoin

Bitcoin is a great way for a sugar baby to get paid. Everything is pretty much anonymous since sugar daddies can make payments and sugar babies can receive payments without their personal information being tied to the transactions.

We’d recommend Bitcoin for somewhat tech savvy sugar babies who have enough to cover basic living expenses and want to use an anonymous, 100% independent currency to receive payment as a backup savings and investment account.

Conclusion

How do sugar daddies usually pay? We have listed the most popular seven methods of receiving your sugar baby allowance. If you are first time sugar baby, try to read the sepecial tips for you.

Which method is the best? It varies from different sugar babies and sugar daddies. Try to discuss with your potential sugar daddy about how should a sugar daddy pay you.

Find the the most generous sugar daddies now