After loaning my spot for money, when do I get paid?

Payments are issued 48 hours after the end of reservation, though we have some special rules for monthly, recurring bookings.

If you tap the “Account” tab and then tap “Payouts”, you can see both your current and pending balance at any time. Parkade adds the money to your Parkade Balance 48 hours after the end of a reservation, to ensure the reservation went smoothly.

Parkade also supports monthly bookings. For reservations over 30 days, or without an end date, we'll break the payments into chunks, and pay spot owners every 30 days. So if you rent your spot monthly starting on July 1, you'll receive your first payment around August 1.

For normal, shorter reservations, spot owners are paid 48 hours after the end of the reservation. At that point, the money becomes available for withdrawal in your Parkade account. Just tap the “transfer” button on that Payouts screen. The money is sent to your bank account or debit card, and should be available within 2-3 business days later. So if you press transfer on a Thursday, it should show up on Monday or Tuesday.

To see your balance, add or change your bank account, or withdraw your funds, open the Parkade app, tap on Accounts → Payouts. This is shown below!