Help - credit card funding paypal a/c - is this treated purchase or cash withdrawal?

alilovesshoes

Hi,

I'm making a large purchase but the retailer only accepts paypal, I want to use a credit card for this but I'm not sure whether this would be treated as a "purchase" or "cash withdrawal" - does anyone know?

My reason for wanting to use the credit card is that I have a period for 0% interest on purchases.

Any help/info is greatly appreciated! :beer:

Thx

A

Ivan_Konstantinov

alilovesshoes wrote: »

Hi,

I'm making a large purchase but the retailer only accepts paypal, I want to use a credit card for this but I'm not sure whether this would be treated as a "purchase" or "cash withdrawal" - does anyone know?

My reason for wanting to use the credit card is that I have a period for 0% interest on purchases.

Any help/info is greatly appreciated! :beer:

Thx

A

you did not say which company the card is with?? i am with co-op and use that to fund paypal purchases (zero balance in paypal) and i am not charged cash advance fees

alilovesshoes

Thanks, it is a capital one card.

I have used paypal with another credit card (Halifax) but pay the balance every month so unsure whether it's treated as purchase or cash? Although recall that the merchant name appears on statements so for this reason would think it would be treated as a purchase? (Maybe!)

I'm confused!

badger999_2

Are you aware that,
"when making purchases online using PayPal (with any registered Credit Card details, including the PayPal Credit Card), you are not protected by Section 75 of the Consumer Credit Act"
That quote is taken from the small print at the bottom of this page
https://www.paypalcreditcard.co.uk/en/benefits.html

teffers

alilovesshoes wrote: »

Thanks, it is a capital one card.

I have used paypal with another credit card (Halifax) but pay the balance every month so unsure whether it's treated as purchase or cash? Although recall that the merchant name appears on statements so for this reason would think it would be treated as a purchase? (Maybe!)

I'm confused!

I use my Capital One card to fund my Paypal purchases constantly and they're treated as normal purchases (as is my Halifax CC) so on that score you should be fine. The issue about lack of protection I'm sure I've heard mention of before too, but as I never buy anything expensive and can easily issue a charge back (altho never had to) via paypal I'm not too fussed. However if you're making a 'large' purchase I would treat that a little more seriously, also the fact that they don't have their own card transaction processing service would concern me if they constantly sell high-value items. I mean I understand the benefits for the seller but it wouldn't fill me with massive confidence.