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Quidco, how do you take your cashback?

BACS or paypal?

Bacs is 5p. Do you have to pay paypal charges?

Comments

  • Kilty_2
    Kilty_2 Posts: 5,818 Forumite
    BACS, because I dislike Paypal.

    Wouldn't have to pay charges to recieve paypal payment since I have a personal account but really don't like using it.
  • bjo_2
    bjo_2 Posts: 140 Forumite
    Part of the Furniture
    BACS or paypal?

    Bacs is 5p. Do you have to pay paypal charges?

    definetly bacs if under £50 because paypal will take 5%
    if over £50 not sure. have sold sim cards & been charged 5% fee by paypal.
    transfer to bacs by paypal for under £50 will also incur another 5% fee.
    has happened to me.
    regards
    bjo
  • misskool
    misskool Posts: 12,832 Forumite
    10,000 Posts Combo Breaker
    BACS because paypal security sucks.

    People hacked into my paypal and ebay accounts even though I changed the passwords. And ebay keeps blaming me by saying that my passwords are not secure enough. I also don't buy or sell on ebay anymore.
  • Depends on what type of PayPal account you have, the basic one doesn't charge you. I know do it by BACS as PayPal takes too long to clear the echeque and then transfer to your bank account.
    2p off is still 2p off!
  • JohalaReewi
    JohalaReewi Posts: 2,614 Forumite
    BACS - only 5p regardless of amount and only 3 days to transfer to bank.

    PAYPAL - 3%(?) fee (unless you have the basic account) then once it is in your Paypal account, you have to transfer it from Paypal to your bank... Paypal are not regulated (unlike BACS and banks) so there is more risk.
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