In general, you can redeem Facebook Ad Credits from an email or in-product promotion. Meaning, if you received an email or in-product promotion with an ad credit code, you can redeem it to pay for ads on Facebook and Instagram. To redeem your ad credit, you’ll need to create a new ad within 30 days. You will then have 30 days after redeeming your ad credit before the value expires.
To get started, all you’ll need to do is go to your payment settings to see when your ad credit expires and how much you have left to spend. Likewise, before you begin, you’ll need to add a payment method to your ad account. When your ad credit expires or runs out, Facebook will charge this payment method for any ads that are still running.
To be on the safe side, you can read and learn more about accepted payment options for Facebook ads first. Forthwith, let’s learn more about Facebook Ad Credits and how they work in detail.
What Are Facebook Ad Credits?
Facebook Ad Credits is a form of payment for your ads on Facebook and/or Instagram. When you advertise on Facebook, you set a budget for each ad that you run. After which Facebook will try to spend your budget evenly throughout the time your ads run. Unless you’ve selected the Accelerated option as the delivery type.
You aren’t charged more than the budget you set. Remember, you’re always in control of how much you spend (learn more). But, bear in mind the difference between the budget and the amount spent. So that you can make informed decisions.
Consider the following:
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Budget: The amount you want to or are willing to spend on running your ad.
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Amount spent: The amount that’s been spent towards your total or lifetime budget.
The budget you set for Facebook ads isn’t necessarily the actual amount of money you spend. Your budget is spent over a given time period based on the budgeting option you’ve selected. The actual amount you spend may be different from your budget.
For example, you set a maximum budget of £100 to be spent over a month. However, only £70 is spent during that month based on the performance of the ad. Your bill is £70. Whereby, you can receive a Facebook ad credit in two ways.
Here are the two ways:
- First, through periodic in-product promotions or through facebookmail.com.
- Second, through partnerships that Facebook has with other sites or companies.
Currently, you can’t purchase or request ad credits directly from Facebook.
Benefits of Facebook Advertising
Nowadays, Facebook is not just about making friends online, on this platform people share their stories, thoughts, videos, and pictures. But, on the other hand, Facebook has become a great opportunity for any person or businessman to advertise themselves.
Simply, because of its large number of users, you can see people using their best marketing strategies to attract their type of audiences and increase their brand growth. Furthermore, you don’t have to be an expert to start advertising on Facebook.
Create and run campaigns using simple self-service tools, and track their performance with easy-to-read reports. More than two billion people use Facebook every month – so no matter what kind of audience you want to reach, you’ll find them here.
Learn More: Facebook Promotion Campaign | Step-by-step Guidelines
In 2021, Facebook ads become a popular way of advertisement, many brands using Facebook ads for marketing, and generate their leads.
So, using Facebook ads coupons you will also get all these benefits. Facebook has a meticulous level of detail that lets you narrow down the demographic for every ad you run. Businesses can create ads to narrow down their target audiences even for segments too.
It means, by Facebook ads credit, you can run your ads campaign on Facebook and target your specific audience with very little budget. With that in mind, it’s your turn, to grab your Facebook ads coupon. And then start your campaign to get all the benefits of Facebook ads credits.
How Facebook Ad Credits Work
When you redeem an ad credit, it’ll pay for all advertising costs that you accrue on your account. This includes every ad running on your ad account, in addition to the one you created to redeem your ad credit. As long as you’re running an ad, your ad credit will be charged daily until it runs out or expires.
If you have a campaign-level ad credit, your campaign will draw from this balance first. If your campaign is still ongoing when the campaign-level ad credit is gone, it will draw from your account-level ad credits or the primary payment method. However, you should note that this feature might not be available to you at the moment.
Types of Facebook Ads include:
- Image Ads
- Video Ads
- Slideshow Ads
- Carousel Ads
- Collections Ads
Monthly invoicing ad accounts can now activate ad credit at the account or campaign level via Ads Manager payment settings. The feature exists within the step to activate an ad credit. In addition to account-level activation, you may now assign the ad credit to one or multiple campaigns in the ad account.
Learn More: Facebook Business Manager | Everything you Should know
By doing so, coupon spend will be limited to that selected campaign (s). Depending on the ad credit, you may be able to switch the ad credit to account level or change the campaign ID(s) too. Particularly, if associated with it in the Assigned to campaigns subsection below the Account ad credits section.
You may find the Edit campaign by clicking on the More options (three horizontal dots) icon. Whereby, a pop-up window will prompt you to make the selection. In order to apply the ad credit’s existing balance towards ad account-level or other campaigns.
Once you’ve saved those changes, the ad credit will now be available to spend towards the new campaigns or account level. If you use monthly invoicing to pay for your ads, you can assign campaign-level ad credits to one or multiple ad campaigns. Your campaign will draw from this balance first.
Learn More: Facebook Likes | Cost Per Like & How To Increase Likes
Notably, if your campaign is still ongoing when the campaign-level ad credit is gone, it will draw from your account-level ad credits or the primary payment method. An ad credit can’t pay for any advertising costs that you accrued before it was added to your account.
Those costs, as well as costs you accrue after your ad credit, is gone, will be charged to the primary payment method on your ad account. Remember that your total daily ad spends will never exceed your daily budget. If you don’t want to spend more than your ad credit is worth, set up a campaign spending limit or an account spending limit.
How To Redeem From An Email Or In-Product Promotion
As I mentioned, you can easily redeem an ad credit from an email or in-product promotion. But, do ad credits expire? Well, according to Facebook, you can create an ad to redeem your ad credit within 30 days of receiving it. You will then have 30 days after redeeming your ad credit before the value expires.
On one side, to get started, go to your Payment settings to see how much is left on your ad credit, and when it expires. On the other side, to claim a coupon offer while using Facebook or through facebookmail.com you’ll need to do a few things first.
Consider the following:
- Click the offer from your notification or email.
- Fill in the details for your ad.
- Confirm your purchase.
Forthwith, Facebook will begin charging your ad credit as soon as your new ad is submitted. Not forgetting, your ad credit will be charged before your primary payment method for all advertising costs on your account. This includes every ad running on your ad account, in addition to the one you created to redeem your ad credit.
As long as you’re running an ad, your ad credit will be charged daily until it runs out or expires. Equally, your ad credit can’t pay for advertising costs accrued before activating your credit. Those costs, as well as costs you accrue after you use up your ad credit, will be charged to the primary payment method in your account.
How To Redeem An Advertising Coupon With A Coupon Code
If you have a coupon code, the steps to activating your coupon depend on whether you’ve advertised on Facebook before or not. Before you begin, if you’ve never advertised on Facebook or Instagram before, learn how to create a Facebook ad in detail first.
But, if you’ve run ads on Facebook before, continue with the steps below. In order to learn how to redeem an advertising coupon with a coupon code first. So, to activate a coupon if you have a coupon code and you’re already an advertiser, it’s very easy.
Consider the following:
- Go to your Payment settings.
- In the Payment method section, click Add Payment Method.
- Select Facebook ad coupon.
- Enter your coupon code, then click Apply.
- Click Continue.
Your coupon will be added to your ad account, and it’ll show up in the Payment method section of your payment settings. In addition, your coupon will be charged first for advertising costs that you accrue after it’s been added to your account. However, it can’t be used towards any costs that you accrued before activating your coupon.
What if those costs, as well as costs you accrue after your coupon, are used up? Well, you’ll be charged to the primary method of your ad account — on your prepaid balance. That’s if you use a manual payment method.
How To Activate An Advertising Coupon For Your First Ad
By the same token, you can also activate an advertising coupon for your first ad with a coupon code. Below are the key steps to activate an advertising coupon if you have a coupon code. And also, if this is your first ad on Facebook.
Always remember, on the confirmation, you’ll be prompted to add a payment method to your ad account. So that they have one to charge if you use all of your coupon balance but continue to run ads. Your coupon will be added to your ad account, and it’ll show up in the Payment method section of your payment settings.
Consider the following:
- Start creating your ad.
- When you’re ready to make your ad purchase, click Confirm.
- Fill in your payment method information.
- Select the I have a coupon to redeem checkbox.
- Click Continue.
- Enter the 16-digit coupon code you received (a 16-character combination of letters and numbers).
- Click Apply, then click Continue.
These costs, as well as costs you accrue after your coupon, is used up, will be charged to the primary payment method. That’s on your ad account on your prepaid balance (if you use a manual payment method). By so doing, you’ll be good to go. Lear also how to Upload Unique Promo Codes and Barcodes to your Offer Ad in detail.
Final Thoughts,
Facebook ads are very useful to launch a new and targeted adverting campaign. You can promote services or products through ads that are extremely targeted based on FB users’ age, income, geography, education, interest, and demography.
There are many ways to generate a newly targeted audience. By using Facebook Advertisements you can increase your sale or leads and its new advanced tools provides analytics and feedback of ads. Just make sure that you create attractive Titles. Coupled with catchy blog title generators and then post your Ads to get more clicks.
Related Sources:
- Facebook Pay | A Tool For Simple, Secure, Free Payments
- Facebook Monetization Program | The Simple Steps To Make Money
- Facebook Advertising Cost | How much It’s to Buy an Advert
- Google Ads | Get More Customers With Online Advertising
- Facebook Pixel Code | How To Create Lead Campaigns
In other words, you can set any type of Facebook Advertise to get a better response from the audience. That said, if you already have a Facebook ad promo code, you can activate it here. You can also learn more about How ad billing works on Facebook in detail.
But, if you’ll need more support on Facebook Ad Credits, you can Contact Us and let us know how we can help you. You can also share your additional opinion thoughts, contributions, suggestions, or even questions in our comments section below. All in all, I wish you all the best in your business endeavors.
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