kristenrice
05-13-2010, 11:31 PM
I just "applied" for a PayPal debit card. Normally, my PP acount is at $0 since I transfer payments directly into my credit union checking account. Since the onset of these awesome new surveys, I've noticed my balance climbing very quickly. So, I was thinking that I might start cashing out to my PP account every month.
First, a PP question...I don't buy too much stuff on eBay (the only place that I use PP) but if I do, does it automatically deduct the purchase from your PP account? Or, can you designate that you want the entire amount to come from your bank account or credit card? The reason I ask is because my PP account will be exclusively for SR cashouts which is exclusively for vacation money. I don't want to buy something on eBay and have the cost deducted from my vacation money.
Second, a debit card question....I never use my regular debit cards for anything but the ATM so I am a little fuzzy on how it all will work. I understand the "holds" that are placed on funds at places like hotels and restaurants, but what about gas stations? If I pay at the pump, will it put a hold on extra funds? What about if I pay inside? *If* we get a reservation at Hilton Head, SC next April, we will be driving so I would use the money in the PP account (which would be exclusively all of my earnings from SR:sunshine:) to pay for the gas. I don't want to fill up once and have it tie up the rest of my balance for 4 more days:cry:.
So, for those of you who have the PayPal debit card, is this a reasonable plan? How bad are the fees if I decide that I want to withdraw some cash? I would assume that I could still transfer the money in my PP account to my credit union account, right?
:thanks:
First, a PP question...I don't buy too much stuff on eBay (the only place that I use PP) but if I do, does it automatically deduct the purchase from your PP account? Or, can you designate that you want the entire amount to come from your bank account or credit card? The reason I ask is because my PP account will be exclusively for SR cashouts which is exclusively for vacation money. I don't want to buy something on eBay and have the cost deducted from my vacation money.
Second, a debit card question....I never use my regular debit cards for anything but the ATM so I am a little fuzzy on how it all will work. I understand the "holds" that are placed on funds at places like hotels and restaurants, but what about gas stations? If I pay at the pump, will it put a hold on extra funds? What about if I pay inside? *If* we get a reservation at Hilton Head, SC next April, we will be driving so I would use the money in the PP account (which would be exclusively all of my earnings from SR:sunshine:) to pay for the gas. I don't want to fill up once and have it tie up the rest of my balance for 4 more days:cry:.
So, for those of you who have the PayPal debit card, is this a reasonable plan? How bad are the fees if I decide that I want to withdraw some cash? I would assume that I could still transfer the money in my PP account to my credit union account, right?
:thanks: