How much do you keep in your PayPal account

dartworth

Lifer
Jul 29, 2001
15,200
10
81
Not trying to get personal...just was wondering? Thinking of moving some funds into my account $1000-2000
 

spanky

Lifer
Jun 19, 2001
25,716
4
81
nothing. whenever someone sends me money, i zip it to my checking account. whenever i need to send money, i use instant transfers.
 

FoBoT

No Lifer
Apr 30, 2001
63,084
15
81
fobot.com
zero

why keep money in there?

when you have it set up right, you can instant transfer from your checking, so why keep money in there that could disappear?
 

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81
Originally posted by: jfano
Not trying to get personal...just was wondering? Thinking of moving some funds into my account $1000-2000

Why not just give your cash to me? :D

Remember that paypal is NOT FDIC insured. If they go under, you lose all your cash.
 

fitz4521

Senior member
Nov 16, 2001
782
0
0
Originally posted by: spankyOO7
nothing. whenever someone sends me money, i zip it to my checking account. whenever i need to send money, i use instant transfers.


same
 

Wingznut

Elite Member
Dec 28, 1999
16,968
2
0
Originally posted by: d33pt
a big fat 0. i dont trust them with my money..withdraw asap
Exactly. Transferring a couple of grand into that account would be of no advantage to you, yet there is some risk. So, what's the point?

 

RossMAN

Grand Nagus
Feb 24, 2000
79,006
430
136
Under $20 at all times.

Like iamwiz82 said your money is NOT FDIC insured so you could lose it all and have virtually no recourse (unless you funded using a cc in which case you may be able to dispute with your cc).
 

halik

Lifer
Oct 10, 2000
25,696
1
81
Generally nothing, unless i wait for more cash to come in so i can transfer it all at once.

Paypals tends to randomly lock or freeze account with big sums of money and im not gonna loan em my cash for indefinite time...