credit cards & paypal

brettcta

i currently use my debit card to fund & withdraw funds from paypal. if i was to add my credit card details to it, if i was to withdraw money TO the credit card from paypal, would this act the same as going into my bank and paying the amount off or would i still have to do that?

i'm a CC noob.

Thanks

jamalfatty

It wouldnt count as your monthly payment unless the amount you were moving from paypay brought your balance down to zero, works in same way as a refund from a merchant

brettcta

fair enough, that'll do me.

another question, can pay off my CC with a debit card (the paypal pre-paid debit card) or does it have to be cheque or cash?

Vanilla_Bean

I would have thought so, do you pay it in bank/post office or by post? (how do you load it?)
If you paid at a bank or post office using the debit card would probably count as a cash payment. But I'd go ask in bank/post office to be sure!:rolleyes:

brettcta

jamalfatty wrote: »

It wouldnt count as your monthly payment unless the amount you were moving from paypay brought your balance down to zero, works in same way as a refund from a merchant

sorry to bounce this back up, but [STUPID QUESTION ALERT] i have a steady stream of low amounts of money (£40 a month max) into paypal. if, once a month, i start drip feeding money into my credit card, aswell as the payments over the counter, it will work together in bringing my balance to zero?

i.e. £245 balance on CC
£10 a month (min) via paypal
£10 a month (min) over the counter

will take 12 months to clear (minus interest), as opposed to 24 months (plus extra for interest.

brettcta

infact, i'm an idiot and have just realised what i've just said.

the ramblings of an idiot.

go about your business.