How To Add A Payment Method to Your Bing Account

Understanding Bing Ads Payment Options

Are you considering advertising your business on Bing Ads? Before you start running your ads, it’s important to understand the payment options available to you. Bing Ads offers two payment options: prepay and postpay.

Prepay Option

The prepay option requires you to add funds to your account upfront. Your ads will continue to run until the balance is depleted. This option is great for businesses on a tight budget or those who want to control their spending. With prepay, you can set a daily or monthly budget to ensure you don’t overspend. Once your balance is low, you’ll receive an email notification prompting you to add more funds to your account.

It’s important to note that Bing Ads offers a 5% bonus on your prepayment amount if you add $25 or more to your account. So not only does prepay help you stay within budget, but it also gives you a little extra advertising power.

Postpay Option

The postpay option allows you to run ads without having to pay upfront. Instead, Bing will invoice you later for any advertising charges incurred within the billing cycle. This option is great for businesses that need more flexibility in their advertising budget. However, keep in mind that Bing will perform a credit check before approving your account for postpay. If you have a poor credit score or no credit history, you may not be eligible for this payment option.

Accepted Payment Methods

Bing Ads accepts several payment methods, including credit and debit cards, bank accounts, and PayPal. Keep in mind that the availability of these methods may vary depending on your location. For example, PayPal may not be available in all countries. It’s important to choose a payment method that is convenient for you and fits your business needs.

When setting up your payment method, you’ll also have the option to set a backup payment method. This ensures that your ads will continue to run even if your primary payment method fails.

Now that you understand the payment options available on Bing Ads, you can choose the one that best fits your business needs. Whether you prefer the control of prepay or the flexibility of postpay, Bing Ads makes it easy to get started with online advertising.

Setting Up Your Bing Ads Account

If you don’t already have a Bing Ads account, you’ll need to create one. Head over to the Bing Ads website and click “Sign in” in the upper right-hand corner. From there, you can create a new account by following the prompts.

Creating an Account

During the account creation process, you’ll be prompted to provide some basic information about your business, such as your billing address and email address. Once your account is set up, you can start creating your first ad campaign.

Navigating the Bing Ads Dashboard

Once you’re logged in, you’ll see the Bing Ads dashboard. This dashboard gives you an overview of all the campaigns you’ve created and their performance metrics. You’ll also find the “Payment Method” tab here, where you can manage your payment options.

Adding a Payment Method

Now that you have a Bing Ads account and have navigated to the “Payment Method” tab, it’s time to add your payment method. Here are the steps:

Linking a Credit or Debit Card

1. Click on “Add payment method” in the Payment Method tab
2. Select “Credit or Debit Card” as your payment method and fill in the necessary information
3. Click “Save” to link your card to your Bing Ads account

Adding a PayPal Account

1. Click on “Add payment method” in the Payment Method tab
2. Select “PayPal” as your payment method and click the “Connect with PayPal” button
3. Log into your PayPal account and authorize Bing Ads to access it
4. Click “Save” to link your PayPal account to your Bing Ads account

Using a Bank Account

1. Click on “Add payment method” in the Payment Method tab
2. Select “Bank Account” as your payment method and fill in the necessary information
3. Click “Save” to link your bank account to your Bing Ads account

Managing Your Payment Methods

Once you’ve added your payment method, you can manage it in the “Payment Method” tab.

Updating Payment Information

If your payment account information changes, you can update it by clicking “Edit” next to the payment method you want to update. From there, you can edit the information and click “Save” to confirm the changes.

Removing a Payment Method

If you no longer want to use a payment method, you can remove it by clicking “Remove” next to the payment method you want to remove. Keep in mind that you’ll need to have at least one payment method linked to your account at all times.

Setting a Primary Payment Method

You can set a primary payment method in the “Payment Method” tab so that Bing knows which payment method to use first when charging you for advertising costs. Click “Details” next to the payment method you want to set as primary, then select “Make Primary” and confirm the change.

Monitoring Your Bing Ads Spending

Now that you’ve set up your payment method, it’s important to keep an eye on your ad spending. You can do this by monitoring your account balance and reviewing your billing statements.

Viewing Your Account Balance

You can view your account balance at any time in the “Billing” tab in the Bing Ads dashboard. This tab will show you how much money you have remaining in your account.

Understanding Billing Statements

You’ll receive a billing statement from Bing at the end of each billing cycle. This statement will outline the charges incurred during the cycle and the payment method used to pay the charges. You can view detailed billing reports in the “Billing” tab.

Setting Budgets and Limits

You can set budgets and limits for your ad campaigns in the “Campaign Settings” tab. This will help you control your ad spending and ensure you don’t go over budget.