Google has recently started requiring high-spend advertisers to switch to Monthly Invoicing via a payment profile. If your account has spent a minimum of $5,000 USD (or the equivalent in your local currency) at least three times in the past twelve months, you may be required to make this switch.
Here’s how you can transition smoothly, whether you’re switching to an existing payment profile or creating a new one.
Switching to an Existing Payment Profile
If you already have an existing payment profile, you can transfer your Google Ads account to this profile. Here’s how:
Step 1: Identify Your 12-digit Payment Profile ID
1. Log into your MCC (My Client Center) account.
2. Navigate to Billing > Payment Profiles.
3. Note down your 12-digit Payment Profile ID.
Step 2: Log Into Your Google Ads Account
1. Go to Billing Transfers within your Google Ads account.
2. Click on the Blue Edit Icon and select Change who pays.
Step 3: Locate the Existing Payment Profile
Use your 12-digit Payment Profile ID to search for the existing profile.
Step 4: Choose a Date for the Transfer
Select a date for the transfer to take effect, or choose As soon as possible.
Step 5: Select Billing Setup
Decide whether to select an existing billing setup or create a new one.
- If you require a separate bill for this ad account, choose Create a new billing setup.
- If not, select Use an existing billing setup.
Step 6: Enter Budget Details
On the “Budget setup” page, enter the necessary budget details.
Step 7: Save and Finish
Click Save and finish to complete the transfer process.
Creating a New Payment Profile
If you need to create a new payment profile, follow these steps:
Step 1: Access the New Payment Profile Form
[Click here] to access the form for creating a new payment profile.
Step 2: Complete the Form Submission
1. Ensure you are an admin with the necessary permissions to view and edit billing information.
2. Provide details on your business’s credit history and financial statements.
3. Submit additional documentation if required (e.g., business license, tax ID).
Step 3: Wait for Approval
The approval process may take up to 5+ business days.
Step 4: Transfer Other Accounts
Once the new payment profile is created, follow the steps outlined in the “Switch to an Existing Profile” section to transfer other accounts in your MCC.
