My bank account is unlinked because it becomes the default payment method with no way to change it. After a decade of carefully selecting my credit card every single time, it took one single late night mistake to generate a huge NSF fee because I kept the account empty.
thanks for sharing other options for sending money to friends and family… I can see why paypal was not happy doing it for free…
I did a quick test, it seems Moneygram charge 5% to send money within the USA
my kid just had her bank account hacked, they got several thousand dollars
the bank refunded all of it to her account
still very inconvenient, but not by any means a total loss
the scam involved an email she received, that asked her to log in to solve a problem with her account. She logged in through the email. Dont do that! Careful reading of the from address revealed it was not from her bank at all, it was what is called a phishing scam, aka “Social Engineering”. I get those all the time. I never log in to any of my accounts, through an email.
The advantage of using a credit card (not a debit card) as the primary payment source for a paypal Purchase (not talking about sending money internationally to friends and family), is that it gives more time for me to realize I need to add funds to cover my purchase… when I dont pay direct from my bank account,. The bank account is still a backup funding source, which would not be used unless my credit card is declined (which means I have other issues)
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but most of the above comments may not be on topic
Im not seeing anything in the new paypal rules that changes how I purchase things
Im waiting to see what kiriba-ru shares, to educate me if it would help him for me to buy stuff from him using paypal linked to my bank, instead of paypal linked to my credit card…
This doesn’t seem to apply to ordinary overseas transactions if you link a checking account to PayPal. I did several transactions yesterday that involved payments as small as $1.27 for some G4 LED light bulbs used for lighting Christmas blow molds. If you are worried about your account getting hacked, simply open a small account at a different bank or credit union and keep enough in it to avoid fees. Most credit unions don’t require a large balance for a checking account and don’t charge fees for transferring money between accounts if you do it online.
I did not get a similar letter from PayPal but I never use it for transferring money to relatives.
Thanks, I just tried it. They have changed their pricing structure again, but if you send twice $500 within the US, each time the fee is $3.99 so $7.98 total . Much cheaper than sending $1000 at once and paying the $49.00 fee.
paypals new fee structure are for sending money to friends and family internationally, using a credit card as the funding source
the new paypall fees do not seem to apply to credit card funded purchases of goods and services
so, there are several scenarios
kiriba-ru as a seller does not want to pay higher fees when accepting paypal payments
status: fees did not change
2. kiriba-ru wants to send money internationally to friends and family
status: fees went up, but only if he uses a credit card to fund the transaction, not if he uses a bank account to fund the transfer
3. Jon_slider wants to buy a flashlight internationally
status: no change in fees
4. Jon_slider wants to send money to friends and family internationally
status: no change in fees if funded by a bank account, not a credit card
5. Jon Slider wants you to send him money
status: pm me for my phone number and you can do a free transfer using Zelle… LOL!
I think someone here mentioned that these Chinese sellers create US Pay pal accounts so that would not apply to you, I assume Crowdifornia is still in the U.S.
I never knew but it seems like Paypal always charged a lot for international transfers right now around 7-10%