FYI: PAY PAL: Balance withdrawls

They want $6.00 to transfer my balance to my checking account, yet they will cut a check with no fee which I will then deposit into my bank account. Make no sense as usually everybody else wants a fee to cut a check versus a free bank transfer.

Create an Account or Log In

Membership is free. Simply choose your username, type in your email address, and choose a password. You immediately get full access to the forum.

More About Paypal

You must be referring to their instant transfer function, which is a default.

There's hardly ever a reason to use it, as normal transactions will typically show up next day, sometimes same day if you transfer early enough. There's no fee for a normal transfer of funds, and no limit to how many transfers you can do per day.

Have synthesizers, will travel...

Don't be fooled by them, you have to check the no rush box. Mine always comes the next day. I have never paid a fee.

do the 2-3 days transfer and your fee will be 0. it only charge you when you want it to transfer the fund instantly, which all banks do charge a fee on that, not just paypal

I think it's a percentage, not a flat fee. I always use the zero fee option.

"I told myself to quit you; but I don't listen to drunks." -Chris Stapleton

HonnyB is correct. I believe it's 3%.

Have synthesizers, will travel...

Don't use the instant transfer. It says 1 - 3 days, but it's never been longer than overnight, except on the weekends, of course. My experience is that if I transfer the funds before noon, it'll be in my account before the end of the same day. If I do it after noon, but before the end of the business day, my money posts right after midnight. If I do it in the evening, my funds don't show in my account until morning the following day. There have been exceptions, but I could probably count them on one hand. There is no good reason to pay Paypal a percentage of your pay to get the money you earned.

This may be a little off topic-

Every time I receive a payment from one MSC through PayPal within a three day timeframe there is fraudulent attempts of withdrawal on my account. PayPal has diligently not permitted these to go through.

Sorry, only registered users may post in this forum.

Click here to login

FYI: PAY PAL: Balance withdrawls

Create an Account or Log In

Official List of Mystery Shopping Companies

Mystery Shopper Magazine