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PayPal query

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Sorry if this post is in the wrong place.

I want to bid on e-bay but don't have a PayPal account. I have looked into opening account but find it confusing. Can someone please tell me:-

1) If I register my credit card for payments, is there a fee for each payment?

2) If I just give my bank details, presumably this would not incur a charge?

3) To have a "balance" in the PayPal account, is this payments that someone has made to you?

Sorry for being thick.

Comments

  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    there are no fees to buy with paypal
    you can add funds to Paypal or have funds from payments
    theres no need to add funds though
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    No charge for using a credit card. Paypal charges the receiver regardless of what payment method you use.

    Never give your bank details. If someone gets your Paypal details, they will have access to your bank account also! (You can use your bank account to verify your account, just don't link your paypal account to your bank for the purpose of withdrawing cash)

    A Paypal balance is either when someone pays you, or you withdraw funds from a bank account into your paypal balance.
  • But pay attention to the currencies you use for Paypal and your credit card. This can be pretty expensive when you have different currencies and have to pay 2.5% for every exchange!
  • diy1950
    diy1950 Posts: 148 Forumite
    Part of the Furniture 10 Posts Name Dropper
    Thanks to all for your help.
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