How Do I Change My Payment Method for My Ads Account on Facebook?

As you can see, there are several reasons why you may want to change your payment method for your ads account on Facebook. By following these steps, you can make the switch quickly and easily.

Dec 9, 2022

If you're like most business owners, you've probably tried advertising on Facebook at some point. But what if you could improve your results by changing how you pay for your ads? In this post, you'll understand how to change your payment method for your ads account on Facebook.

Main Payment Methods for Ads Accounts on Facebook?

When it comes to advertising on Facebook, there are three types of payment methods. Namely:

  • Credit card: It's a popular payment method for online purchases. You can charge your purchase to your card with a credit card and then pay for it later.

  • PayPal: This online payment service allows you to pay for goods and services with a debit or credit card or your PayPal account.

Changing Your Payment Method for Ads Accounts on Facebook

Now that you know a little bit more about payment methods let's show you how to change your payment method for your ads account on Facebook. Here are the steps:

  1. Log in to your Facebook Ads Manager account.

  2. Click the "Settings" tab at the top of the page.

  3. Click on the "Payment Methods" tab.

  4. Click on the "Add a Payment Method" button.

  5. Select the payment method you want to use and follow the instructions to add your payment information — contact customer support if a problem arises.

  6. Click on the "Save Changes" button.

When You Should Change Your Account's Payment Methods

At some point, you may want to consider changing your payment method for your ads accounts on Facebook. Here are a few scenarios:

  1. You're using the wrong payment method: If you're using a credit card to pay for your ads, but you'd instead use PayPal, you can change your payment method. Or, if you're using PayPal but would instead use an invoice, you can change your payment method.

  2. You're having trouble with your current payment method: If you're using a credit card and have trouble making payments, or your card is about to expire, you may want to switch to a different payment method.

  3. You're going over your budget: If you're using the credit card payment method and going over your budget, you may want to consider switching to a different payment method.

  4. You want to save money on your ad campaigns: If you're using the invoice payment method, you may be able to save money on your ad campaigns by paying for them in advance. Get in touch with customer support when you experience a problem.

Tips for Making Facebook Payments Safe and Secure

When you use a payment method to pay for goods or services, it's vital to ensure that your information is safe and secure. Here are a few tips to help keep your payments safe:

  1. Don't share your payment information: Never share your payment information with anyone, including friends or family members.

  2. Use a strong password: Make sure to use a strong password for your payment method. A strong password is hard to guess and includes numbers, letters and symbols.

  3. Use a secure connection: When you're adding your payment information, ensure that you're using a secure connection. This will help protect your information from being stolen.

  4. Keep your payment information up to date: Keep your payment information current and correct any errors immediately. This will help ensure that you can continue making payments without any problems.

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Adam has been tirelessly trying to help customers find the best tips and tricks to get through phone trees and writing many guides for prickly customer service problems. He's been featured in the Wall Street Journal, Inside Edition and Bloomberg.
How Do I Change My Payment Method for My Ads Account on Facebook?

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How Do I Change My Payment Method For My Ads Account on Facebook?
Changing Your Payment Method For the Ads Account on Facebook

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