Paypal Credit Card Or Bank ?

M20DAL

Hi

My paypal takes money out of my bank to pay for items i buy but i have a credit card on file should i change it to come out of my credit card instead and does it cost anymore
thanks
darren

soolin

M20DAL wrote:

Hi

My paypal takes money out of my bank to pay for items i buy but i have a credit card on file should i change it to come out of my credit card instead and does it cost anymore
thanks
darren

It doesn't cost you any more to fund your paypal purcahses by credit card (assuming you pay your credit card bill on time of course :T ) and it is a muchbetter idea to do it that way.

With a payment via credit card should paypal be unable to help you recover funds in cases of non receipt you can fall back on the credit card company who remain liable. Incidentally paypal don't like these credit card chargebacks and put warnings in their terms and conditions about them, but frankly I'd rather annoy paypal than lose money!

kriss_boy

Yea Ive noticed that by default paypal always have my bank account as payment rather than my card. And when you change it to your card they pathetically ask you if you are sure with No in bold.

zorber

It costs paypal 2.25% to take money from a credit card but they can withdraw money from a debit card for free. They therefore make a lot of money from seller by using the debit card. I always make sure i use a credit card as i dont trust paypal protection and i also dont want them to make much profit out of the transaction as i think its wrong that they profit so much on debit card transactions. If they only made 1% on debit card trasaction and passed the savings on then i would consider changing my mind.

Actually no i would still use credit card for protection