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Thoughts on Paypal Debit Card

asdftt123

Senior member
I just found out about the PayPal Debit Card when I visited my account to transfer some funds today. It looks like a pretty good deal...being able to instantly access your PayPal funds w/o having to wait days for the money to transfer back and forth to your bank account. Who has one of these, how often do you use it, and how would you rate it? Does it work just like a regular Mastercard and are there any associated fees? Any input would be appreciated!
 
I have it and it is pretty sweet. They do charge $1 to remove money from an ATM, but that is not too bad. I also get 1.5% cash back which helps offset Paypal fees a little bit. I think since I have had the card they said that I have received over $1000 cash back, so I guess I use the card quite a bit. Truthfully, if I did not have the debit card I probably would not use Paypal. Other than that it prettyu much works just like a Mastercard......
 
IMHO do you really want paypal holding funds for you? They are far worse and risky as far as account locks when compared to a real bank.
 
Originally posted by: amdskip
IMHO do you really want paypal holding funds for you? They are far worse and risky as far as account locks when compared to a real bank.

Agreed...mine was frozen yesterday
 
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