We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
ebay and cahoot web card
jenny2009
Posts: 149 Forumite
I buy and sell the occasional item on Ebay and used to finance it with my Cahoot web card. Also any money I had in the paypal account I transferred to a savings account that did not accept direct debits.
Of course now you have to have a bank account linked by direct debit to paypall before you can even sell an item as I found out last week.
So my Cahoot web card is no longer acceptable as a means of funding my account and I now have an unwanted direct debit payable to paypal in my online banking direct debit list.
Can I cancel this direct debit through my online banking (I know I can cancel it but bear with me ) after I transfer money to or from my bank account and then just renew it with paypal everytime I want to buy or sell something or will paypal see this as some kind of fraud or fee avoidance?
Jenny
Of course now you have to have a bank account linked by direct debit to paypall before you can even sell an item as I found out last week.
So my Cahoot web card is no longer acceptable as a means of funding my account and I now have an unwanted direct debit payable to paypal in my online banking direct debit list.
Can I cancel this direct debit through my online banking (I know I can cancel it but bear with me ) after I transfer money to or from my bank account and then just renew it with paypal everytime I want to buy or sell something or will paypal see this as some kind of fraud or fee avoidance?
Jenny
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.8K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 260K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards