Is funding a PayPal account with a 0% Credit Card allowed?

peekinside

Hi All,

I hope everyone is keeping well during these unprecedented and challenging times.

I was wondering if using a credit card with 0% on purchases to fund a PayPal or Wirex account be acceptable and still qualify for the 0% interest or would this not be classed as a purchase?

Thank you
peekinside

dr_adidas01

peekinside said:

Hi All,

I hope everyone is keeping well during these unprecedented and challenging times.

I was wondering if using a credit card with 0% on purchases to fund a PayPal or Wirex account be acceptable and still qualify for the 0% interest or would this not be classed as a purchase?

Thank you
peekinside

It would depend on how the transaction is processed. PayPal maybe classed as a normal purchase. 

However the Wirex one would be classed as a cash transaction and would in cure a fee and interest from the minute you made the transaction. 

Fingerbobs

I don't think you can load money into a PayPal account directly from a credit card any more. You'd have to send money to a friend's PayPal account, using a credit card as the funding source. I've done this a few times with small amounts and it's never been treated as a cash transaction, but it may depend on the card.