How much $ would you leave in your paypal account?

bozack

Diamond Member
Jan 14, 2000
7,913
12
81
the most I had in there at one time was like three grand from ebay sales, generally it is about $250-$600 depending on how I am doing...but generally I try to clear it out every now and again.
 

RobCur

Banned
Oct 4, 2002
3,076
0
0
Originally posted by: supafly
I voted $50 or less, because I don't leave any.

Is it really that insecure? so let's say I have 900, someone could illegal transfer it all to their account and paypal would freeze your account as well and take your money? btw, I hope that is not true :(
 

Yossarian

Lifer
Dec 26, 2000
18,010
1
81
apparently you never wrote any code, because if I leave less than $50 you could pick any option and have it be true. ;)
 

RobCur

Banned
Oct 4, 2002
3,076
0
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How does paypal stays in business if most of you guys have 0 or less then 50 bucks?:shocked:
btw, paypal is a great way to hide money from the government :)
 

minendo

Elite Member
Aug 31, 2001
35,560
22
81
Originally posted by: RobCur
How does paypal stays in business if most of you guys have 0 or less then 50 bucks?:shocked:
btw, paypal is a great way to hide money from the government :)

$0.30 + 2.9%
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
I'm cancelling my paypal account because they are crooks..along with fleabay.. M.O. or cashiers check only and find me in FS/FT forums.
 

Anubis

No Lifer
Aug 31, 2001
78,712
427
126
tbqhwy.com
i think theres 40$ there now, the most thats ever been there was 2004 when i sold something on ebay, and that was promptly deposited in my account, theres usiall nothing there because i dont use it that often
 

RobCur

Banned
Oct 4, 2002
3,076
0
0
I guess if most people have less then 50, the crook that work along side with paypal is going have a very hard time stealing your money
 

RossMAN

Grand Nagus
Feb 24, 2000
79,051
445
136
First of all I would recommend reading Paypalsucks.com

Please remember that Paypal is NOT a bank and it is NOT FDIC insured. So if they were to go out of business, you would probably lose everything.

Personally I keep $50 or less in my Paypal account. When I was more active selling on eBay, I would have $5,000 - $10,000 in my account.

I asked my credit union to open a new checking account which I use solely for Paypal transactions. The credit union had no problems doing this and it only took 30 seconds over the phone.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Originally posted by: RossMAN
First of all I would recommend reading Paypalsucks.com

Please remember that Paypal is NOT a bank and it is NOT FDIC insured. So if they were to go out of business, you would probably lose everything.

Personally I keep $50 or less in my Paypal account. When I was more active selling on eBay, I would have $5,000 - $10,000 in my account.

I asked my credit union to open a new checking account which I use solely for Paypal transactions. The credit union had no problems doing this and it only took 30 seconds over the phone.

https://www.paypal.com/CLOSEACCT
:|
 

RobCur

Banned
Oct 4, 2002
3,076
0
0
But what about people who's IQ aren't so high and are scammed by paypal fake email asking for username/password?
What about the stock market that steals alot more then paypal has, what justisfication for that??? why doesn't anyone bitch about it?
another super ponzi scheme that worked well and sheeps like us will continue to feed them with our hard earned $. Oh well, so many dumb sheep blaming someone else for their own mistake :thumbsdown: