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How to Update Your Payment Method in Meta Ads

  • Writer: Sotirios Seridis
    Sotirios Seridis
  • Nov 12, 2024
  • 2 min read

Updated: Apr 6

If you want to keep your Meta Ads account running smoothly, one of the somewhat overlooked but important thing you'll want to stay on top of is your payment method. After all, you wouldn't want your killer ads to come to an abrupt end due to an expired credit card, right? Whether you've got a new card, want to switch to PayPal, or need to change your billing information, keeping your payment information up to date helps prevent interruptions to your campaigns. This quick and easy guide will show you how to update your payment method in Meta Ads!


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How to Update Your Payment Method in Meta Ads:


  1. Open "Billing & Payments" you can follow the link or > Navigate to your Meta Ads Manager > Navigate to "Billing & payments" (left-hand-side menu)

  2. Select "Payment methods"

  3. Under Ad Accounts, select the ad account you would like to use

  4. Click on the "Add payment method" button and add or update your credit or debit card




Frequently Asked Questions on Payment Method in Meta Ads



🤔 What payment methods can I use for Meta Ads?


You can pay using:

  • Credit cards

  • Debit cards

  • PayPal (in select countries)

  • Bank transfers (for manual payments)


Note: Available options depend on your location.




🔄 Can I add more than one payment method?


Yes! You can add several payment methods to your Meta Ads account. This is helpful if:

  • You want a backup payment option

  • You need different payment methods for different ad accounts




💰 When will Meta Ads charge me?


It depends on your payment setup:

  1. Automatic payments:

    • When you hit your billing limit, OR

    • At month's end (whichever comes first)

  2. Manual payments:

    • You add money first

    • Your ads run until you use up your balance



❌ What if my Meta Ads payment doesn't go through?


If this happens:

  1. Meta will try charging again

  2. You'll get alerts by email and in Ads Manager

  3. Your ads might pause until the payment works



🔄 Can I switch payment methods while my ads are running in Meta Ads?


Yes! You can change anytime:

  • New charges will use your new payment method

  • Pending charges will use your old payment method




💸 Are there extra fees in Meta Ads?


  • Meta doesn't charge extra fees

  • BUT your bank might (especially for credit cards)

  • Check with your bank about possible fees



 
 
 

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