LATEST UPDATE as of April 14, 2016
Waiting for your Weekly Payout from Uber?
Refer to this post for the weekly cutoff and payout schedule.
Cutoff is every Monday at 4am (PH time).
This means that all the trips you’ve taken until 4am of Monday will be credited to your weekly payout.
Payout Statement is released every Monday around 6pm (PH time).
Uber will release the payout statement every Monday thru email or thru the dashboard (see photo below). You can double check the details of your trips.
If your payout for the cutoff is less than Php 1000, Uber will NOT process your payout. They will automatically put this on hold and roll over the next week until you’ve accumulated over Php 1000 in payout. You won’t be able to view payment statements for the weeks when the minimum Php 1000 is not met.
What does this mean? Kailangan more than Php 1000 ang payout mo for the week para iprocess ni Uber ang payout. If masmababa sa Php 1000, hihintayin ni Uber na maipon ang payout hanggang maging more than Php 1000 bago iprocess at iremit ang payout.
Payouts are usually credited to your bank account after 1-2 days (usually every Tuesdays to Wednesdays).
This schedule may change depending on your bank or any banking holidays.
In our experience, Eastwest, AUB, BDO and BPI credits the payout every Tuesday late evening or Wednesday early morning.
TIP: As per Uber’s Payment system upgrade last May 1, 2016, PS Bank is NOT any more listed in the list of supported banks. Refer to this article to see the full list of supported banks to receive your payout.
You can refer to this post to learn about which bank and type of account has been tested by fellow Uber Partners.
Do you have any tips to share? We’d love to hear your experiences in the comments section below.