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PayPal to Credit Card Cashback
kinster_2
Posts: 592 Forumite
in Credit cards
If I link my cashback credit card, say Egg Money Card to PayPal, do I get cashback if they take money off my Credit Card?
You'll Never Be Rich Working for Someone Else
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i suppose you could... tho paypal would charge you a % for doing the transfer so it probably wouldnt be worth your time:santa2:0
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JoseChungsDoomsday wrote:i suppose you could... tho ebay would charge you a % for doing the transfer so it probably wouldnt be worth your time
eBay will NOT charge you as you pay for items using your credit card via PayPal.
What I'm asking is that will the Credit Card give you cashback in the normal way, as it is just a purchase?You'll Never Be Rich Working for Someone Else0 -
i meant pay pal.
and yes it should do but like i said paypal may charge a you % for withdrawing the funds from your credit card account, so it is really worth it?:santa2:0 -
If you pay for something using PayPal with your credit card then it is counted as a normal purchase so you'll get the Egg cashback. This includes ebay purchases. AFAIK the only time it won't be charged as a purchase is if you use the "Quasi Cash" option when you send money, which hardly anyone uses anyway.0
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thanks Charlie... I also got the below from the PayPal site. This states that PayPal ONLY charge you for the transaction amount when you use a credit or debit card
When I use my credit card or debit card to send money, will I get charged a cash advance fee?
Using your credit or debit card to send money, you will not be charged a cash advance fee to send money for eBay items, Services, Auction Goods (non-eBay), or other Goods.
For these types of transactions, PayPal charges your credit or debit card only for the transaction amount. If you send money for a "Quasi-Cash" transaction and pay with a credit card or debit card, the card issuer may treat the transaction as a cash advance and charge a cash advance fee. PayPal has no control over third party fees. To send money as a "Quasi-Cash" transaction, you may want to use a different payment method (e.g., your bank account or a money order) to avoid incurring fees.You'll Never Be Rich Working for Someone Else0
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