In the past 2 years, 2021 and 2022, the Facebook team has released a series of new algorithms and continuously updated policies regarding spam issues. This has affected many advertisers who are working on clean advertising campaigns on Facebook. The term “grace period account” is definitely something that advertisers often encounter on Facebook advertising forums. So, what exactly is a grace period account? Today, we will share some knowledge about the grace period for your reference.
1. What is a Grace Period Account?
A “grace period account” is a term used in Facebook advertising to describe a situation where a user is allowed to continue running ads even after reaching their debt threshold without immediate payment. A grace period account can extend the spending limit by 2 to 8 times the current spending amount. Accounts with higher ad spending or established credibility are more likely to receive a grace period.
However, not all Facebook ad accounts are granted a grace period, and the duration varies for each account, typically lasting only a few days before payment is required.
In summary, a grace period is something that every ad account desires because it helps save advertising costs, boost budget, and increase sales revenue.
So, how can you successfully get a Facebook grace period? The majority of grace period accounts are attributed 80-90% to the “materials” used. Alternatively, many individuals purchase grace period accounts from reputable sellers in the market for exploiting ad spend. Once you acquire a grace period account, you should also understand grace period tips to achieve higher ad performance.
2. Guide to using Facebook payment grace period tips
To properly use Facebook payment grace period tips, you first need to understand certain conditions, specifically regarding resources:
Regarding Resources:
In order to utilize the grace period, you need to prepare the following “materials”:
- VIA (Account): Use old VIA accounts (aged accounts) with linked card addresses and targeting (a small note: always use clean VIA accounts when targeting). You can use foreign VIA accounts to increase the chances of getting a grace period or to obtain a Facebook nolimit ad account.
- Page: The Fanpage can be old or new (new is recommended). The page’s address should align with your targeting or payment card.
- Card: The payment card should ideally be local “via” or match your targeting. You should also ensure the card has sufficient funds.
Process
The process is simple with the following steps:
- Step 1: Use Business Manager (BM) to add the payment card, then create an ad account. At the same time, convert Vietnamese Dong (VND) to USD.
- Step 2: Adjust the time zone to +7 (Ho Chi Minh City) and re-add the payment card at this step. Create a Pixel and connect it with the payment card (for conversion campaigns).
- Step 3: Set up the campaign and make payments about 2 times (maximum 3 times) with any debt threshold. Then leave it to rest for 2 days.
- Step 4: Go back to payment and choose the grace period level you want, then keep the debt at that level.
Usually, if you are lucky, you will get a good grace period of x5 or x6. But the chance to receive such grace is extremely low. Generally, most people can only get x2 or x3 grace, which is already good.
Also, note that you should only allow a maximum of 2-3 red bills (unpaid invoices). On the first debt, you manually pay up to the threshold and then drag and drop — this is called the grace period. For example, if you want a grace period account with about 4 million VND, you will have about 2.8 million VND left unpaid. Pay up to 4 million and then drag and drop accordingly.
Note: You need to know that since this is a trick, it should only be applied for a short-term period. Once Facebook’s team fixes it, you will no longer be able to use it. Therefore, if you currently need to use it, this is the most suitable time.
3. Some notes when using Facebook grace period accounts
Many people have taken advantage of grace period accounts to run ads without paying (known as “running and skipping payment”). Especially for small businesses, pages, or accounts that have not yet generated revenue and want to boost product development, they may run ads beyond the debt threshold and skip payment.
However, we do not encourage anyone to use grace period accounts for this kind of “running and skipping payment” tactic. It can negatively affect your payment cards, via accounts (aged accounts), and your ad accounts. Therefore, you should avoid using your main or long-established pages in this case.
Above, we have explained what a grace period account is and provided a guide on Facebook grace period tips. If you are interested in Facebook advertising, you can follow us to quickly update the latest and most useful articles on current marketing trends.