Paypal query

mintymoneysaver

I have 2 paypal accounts, one for e bay ( the premier one, or whatever it's called) and a personal one for quidco.The ebay one currently has over £100 in it, and the quidco one £13.40.If I transfer the ebay money to quidco am I right in thinking I won't pay a transfer fee, whereas if I did it the other way round I would? I f I did transfer quidco to ebay how much would they charge me? I would then have to write myself a cheque as I really want it to go into the account linked to ebay,
I want to withdraw it all you see, and they would charge me for withdrawing the small amount.
Thanks for your help.

Nadia

If you transfer the money from Quidco account to ebay account it will cost you 20p + 3.4% of 13.40 so the total will be 66 p. If you transfer the money from the premium account (ebay one) to the basic account it will not cost you anything.

You also have the option to withdraw the £ 13.40 into your bank account. It would be cheaper as it costs 25 p for amounts less than £50.

HTH, Nadia

milliejon

How does it not cost anything to move the £100 from the premium account to the basic account - I don't understand??!

Hintza

milliejon wrote:

How does it not cost anything to move the £100 from the premium account to the basic account - I don't understand??!

I would assume that normal PayPal charges would apply to transfer the money?

mintymoneysaver

Because the basic acount does not take credit or debit cards, only paypal, so they do not charge you.Thanks for that, you've just confirmed what I thought.I might just lose the 25p though,and have most of it go into the account I want.