You can't directly transfer money from the Instagram app to your bank for purchases, but if you're a creator earning money (like from Gifts or Subscriptions) or a trader on the IG platform (InterActive Brokers), click the "Withdraw Funds" button in the app's "Account" or "Live Accounts" section, select your linked bank account (which must match your IG account name), and follow prompts for verification and payout processing, typically a few business days.
To withdraw your funds, please log in to My IG, go to the 'live accounts' tab, and select 'withdraw funds'.
Payments are transferred to the account you provided when you set up payouts. You can check your account information in Professional dashboard > Tools > Payouts to confirm you have completed the requirements to receive future payouts.
How do I make a withdrawal? Go to: My IG > Live accounts > Withdraw funds. Open the app, click on 'account' at the bottom right of the app and select the account you wish to withdraw from, then click the 'Withdraw Funds' button.
Here's what to do:
Once you've sold any shares with IG, you may have to wait a couple of days to withdraw your funds. This is because we need to wait for your shares to settle. This normally takes two days for AU equities (T+2) and two days for US equities (T+2).
It usually takes at least one month to get a refund. We issue refunds to the payment method on the account where possible. Where this isn't possible, we may issue refunds in the form of ad credits. Refunds may be requested for ads paid by available funds, credit card or monthly invoicing.
To access the funds from a sale, you need to place a withdrawal request from your trading account to your linked bank account. That's why understanding how to withdraw money from your trading account is an important part of managing your investments.
Instagram doesn't pay creators directly. Brands pay through reels, stories, ads, and link in bio placements. Your niche and credibility decide how much you earn, so learn the game and play it smart.
The program works on a CPM (cost per 1,000 views) model – meaning you earn a small amount every time people see the ad. Payout: CPM rates vary based on your niche, audience demographics, and location. Most creators earn between $0.01 and $0.10 per 1,000 views – so higher volume and engagement lead to better results.
To make money on Instagram with 500 followers, sign up for affiliate programs to share links and earn commissions. You can also set up an online store and a digital tip jar.
Instagram offers multiple ways to turn your account into a money-making platform. You can earn through sponsored posts as an influencer, join Instagram's Creator programs like Live Badges and Bonuses, sell products via Instagram Shops, dropshipping or affiliate marketing and offer services like social media consulting.
Add a payment method
Yes, estimates suggest people are exposed to thousands of ads daily (around 4,000-10,000), but this includes everything from billboards and TV to subtle brand placements on supermarket shelves and digital ads, with most being largely ignored due to "ad blindness," meaning we only consciously notice a much smaller fraction, perhaps under 100. The exact number is hard to pin down and varies greatly, but the volume of brand messages in modern life is undeniably huge.
If you don't already have a payout account, you'll need to add one in order to be paid your earnings. Additionally, if you don't complete your payout account: Within 5 months of onboarding, or if you've reached the $500 maximum per tool, you won't be able to earn any more money until you set up your account.
Money can typically be withdrawn directly with the help of a bank teller. You will need to provide proof of identity, such as your debit card and PIN, or a government-issued ID. Once they've verified your identity, you can choose the amount you want withdrawn and they can hand it to you.
Brokers Known for Reliable, Quick Payouts
Choose eToro for simplicity, commission-free stocks, and social trading features. Choose IG for broader market access, professional-grade platforms, and tighter spreads. For alternatives, consider brokers like Interactive Brokers or Pepperstone.
ATMs. Perhaps the easiest way to get cash out of an online bank account is to withdraw funds at an ATM using your debit card. While many online banks don't have their own ATMs, most participate in an extensive, nationwide ATM network, allowing their customers to use a variety of ATMs in their area.
Step 1: Insert the ATM-cum-debit card into the designated slot at the nearest ATM vestibule. Step 2: Select your preferred language and input your four-digit ATM PIN. Step 3: Select the transaction category, which is cash withdrawal. Step 4: Select the account type from either current or savings.
Different banks have different policies for how much cash may be withdrawn in a single 24-hour period. In addition, at the same bank, there may be varying maximums depending on the type of account and the account holder's banking history. The withdrawal limit may vary from a few hundred to a few thousand dollars.