How much do you keep in your PayPal account

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wnied

Diamond Member
Oct 10, 1999
4,206
0
76
I keep ZERO balance in there. Everytime someone paypals me the money, it goes right into a savings account I opened at the local bank specifically for my paypal acct.

~wnied~
 

FelixDeCat

Lifer
Aug 4, 2000
31,009
2,681
126
Let me say first ... I love paypal. I love the interest rate they pay - competitive with cd's and no obligations. After I pay my bills I transfer cash there to earn extra interest.

Usually I keep about $250,000.00 there.
 

gogeeta13

Diamond Member
Dec 31, 2000
5,721
0
0
Originally posted by: FelixDeKat
Let me say first ... I love paypal. I love the interest rate they pay - competitive with cd's and no obligations. After I pay my bills I transfer cash there to earn extra interest.

Usually I keep about $250,000.00 there.

yeah, and i have 2 porsche GT2's in my driveway, a black one and a silver one.
 

Lucky

Lifer
Nov 26, 2000
13,126
1
0
Originally posted by: lawaris
Originally posted by: Lucky
10-15K.

u liar :p


Would you like me to prove it?

rolleye.gif
 

FelixDeCat

Lifer
Aug 4, 2000
31,009
2,681
126
>yeah, and i have 2 porsche GT2's in my driveway, a black one and a silver one.

Cool. Can I drive one?
 

murphy55d

Lifer
Dec 26, 2000
11,542
5
81
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.

 

gogeeta13

Diamond Member
Dec 31, 2000
5,721
0
0
Originally posted by: FelixDeKat
>yeah, and i have 2 porsche GT2's in my driveway, a black one and a silver one.

Cool. Can I drive one?

sure, just paypal me some of that 250k and i will loan you the keys for a night..but remember, no hazy white stains on my damn leather seats!
 

CrazyDe1

Diamond Member
Dec 18, 2001
3,089
0
0
0 as well...I have thousands runnin through there and I withdraw ASAP. I learned from experience...some guy in russia bought a monitor off me, an LCD nonetheless, I sent it, left the money in my paypal account cuase I thought it was their job to verify. Well, a couple weeks later my account is closed and my money is gone and they wouldnt' give it back cuase he used a fraudulent CC and it resulted in a chargeback. Well, to make a long story short, I was out 600 bucks...so screw paypal. Plus I don't want them makin interest off my money...
 

NikPreviousAcct

No Lifer
Aug 15, 2000
52,763
1
0
Zero. I try to use Paypal as little as possible as far as buying things. When it comes to selling, I get that money transfered as quickly as possible so they have less of a chance of screwing me over again.

nik
 

Maggotry

Platinum Member
Dec 5, 2001
2,074
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 here.

 

Rkonster

Golden Member
Feb 16, 2000
1,737
0
0
None, if someone complains about you, they freeze your account and the funds are stuck for a long time. Takes forever to sort it out I have heard.
 

Damon

Senior member
Jul 21, 2000
880
0
0
Hi crazyde1,

"0 as well...I have thousands runnin through there and I withdraw ASAP. I learned from experience...some guy in russia bought a monitor off me, an LCD nonetheless, I sent it, left the money in my paypal account cuase I thought it was their job to verify. Well, a couple weeks later my account is closed and my money is gone and they wouldnt' give it back cuase he used a fraudulent CC and it resulted in a chargeback. Well, to make a long story short, I was out 600 bucks...so screw paypal. Plus I don't want them makin interest off my money... "

Chargeback liability is explained in our User Agreement. In addition, the cc fraud indicator on your issue would be the fact that you shipped to Russia. Russia is not supported by PayPal, as it has high incidents of credit card fraud. I have to again stress the importance of complying with the Seller Protection Program.

Hi halik,

PayPal does not randomly restrict accounts. The reasons for an account restriction can be viewed in our USER AGREEMENT. These issues are also entirely resolvable.

If an individual transaction is in dispute, we will pending reverse the transaction in question. An account restriction requires something within the User Agreement. Accounts are not frozen over one transaction.

I realize a lot of attention is given to account restrictions on the boards, but I would ask that users:

a) consider the number of complaints relative to account restrictions
b) factor in the size of PayPal's user base compared to these complaints (PayPal's user base has been reported at 15 million). You would come to the conclusion that they are quite rare.


 

Lucky

Lifer
Nov 26, 2000
13,126
1
0
b) factor in the size of paypal's user base compared to these complaints (PayPal's user base has been reported at 15 million). You would come to the conclusion that they are quite rare.




that and the fact that people who are happy with paypal dont "praise" the company as much as unhappy people "bash" it. :)