Comments on: Earn Interest on Your PayPal Balance

By: Devlin

Devlin — Wed, 20 May 2009 22:14:07 +0000

Paypal sucks horribly. I’ve had my account debited by them numerous times. They will seize funds out of your account on a whim if a customer has nay issue at all. Take the money, ask questions alter.

I NEVER carry a balance, you might find yourself not getting your money back.

If there was an alternative I’d dump Paypal in a second.

By: Harry

Harry — Mon, 20 Apr 2009 01:33:28 +0000

Not in the UK! Bastards. (Not that the UK is doing interest on savings, itself, at time of writing!).

By: jay

jay — Wed, 18 Oct 2006 01:16:32 +0000

Is paypals interest just 4.98% or is it APY?

By: Daytonscott

Daytonscott — Mon, 24 Jul 2006 16:36:55 +0000

As an ebay seller, I hate to leave money in my PayPal account for fear of a charge-back. If my account is empty, I have a layer of protection should PayPal decide to raid my account for a charge-back without my having a chance to look into the issue.

By: Kira

Kira — Mon, 24 Jul 2006 16:01:15 +0000

Actually I’ve heard some pretty scary stories about PayPal customer service regarding their pseudo-bank accounts.. for my take, I’d rather just transfer the money out. You can link your HSBC or ING account to your PayPal account and transfer it back and forth whenever you want.