Set up a payment method for Facebook and Instagram Ads

You can add new payment methods to your ad account in the Payment Settings section of Ads Manager.

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Add a payment method to your ad account

Before you set up a payment method, keep this in mind:

First, make sure you're an admin of the ad account you're working on. You'll have to be one to manage an ad account's payment methods. Learn more about ad accounts and permissions.
Check that the payment method you're trying to add is an accepted payment option for Facebook Ads.
If your ad account is set up for manual payments (meaning you add money to a balance on your account), you won't be able to add a payment method in the same way that's shown here. Also, some payment methods won't be an available option for you to use (such as PayPal). Learn more about manual payments.

To add a payment method:

Go to your Payment Settings in Ads Manager.
Select Add Payment Method (in the "Payment Method" section).
Choose the payment method you want to add.
Fill in the information.
Select Continue and follow any additional prompts and instructions to complete the process.

Your payment method will be saved to your ad account.

Before you remove a payment method, keep this in mind:

First, make sure you're an admin of the ad account you're working on. You'll have to be one to manage an ad account's payment methods. Learn more about ad accounts and permissions.
If you want to remove your current primary payment method but also want to keep advertising on Facebook, add another payment method first.
If you want to close your ad account and remove all your payment methods from it, follow the steps for deactivating your ad account.
If you've added a payment method to your Facebook account before (like to purchase games or apps), it'll be listed as one of your payment methods. You can remove it if you no longer want it available in your account.

To remove a payment method:

Your payment method will be removed from your ad account.

NOTE: If you don't see the payment method you want to remove, select Show More to display all of your ad account's payment methods.

You can check the amount your billing threshold is set to in your Payment Settings . Knowing your billing threshold can help you keep track of when you'll receive your next bill for your ads.
You don't have to wait until you've reached your billing threshold or your bill date to pay for your ads. As long as you have a current payment method associated with your ad account, you can pay whenever you're ready.
Your account spending limit is different from a lifetime budget (which controls how much an ad set can spend over its lifetime) and your billing threshold (which determines when you're charged for your ads). Learn more about the difference between budgets, your billing threshold and spending limits.
When you make a payment for your Facebook ads, the transaction will appear in the Billing section of your Ads Manager. Every transaction includes a receipt that shows details about your payment, like how much you spent, the reason you were billed, the campaigns that spent money, and the results of your ads.