Checking account and Paypal account???

[crazelion]

Which checking account do use for paypal account?

I just figure out that link either checking or credit account to paypal account.

I am having trouble finding a checking account that do not send checks.

I have free checking account from suntrust I don't use very often. But have checks to that account. I could use that check the balance everyday. I put income tax check in there year in that account.

What Bank checking accounts do use without checks?

 

[Jachred]

Which checking account do use for paypal account?

I just figure out that link either checking or credit account to paypal account.

I am having trouble finding a checking account that do not send checks.

I have free checking account from suntrust I don't use very often. But have checks to that account. I could use that check the balance everyday. I put income tax check in there year in that account.

What Bank checking accounts do use without checks?

Your post almost makes no sense to me.... and I use pay pal just about every day...


So hopefully here are some answers.. A "PayPal" account is like a virtual checking account that you can pull funds from many sources to pay people across the Internet.

You can fund via ANY checking account (You need Routing and Account number, same numbers used for direct deposit as well) or savings account using those numbers. Takes 7 days to show up in your paypal balance.

You can also use a credit/debit card and use it to fund your purchases, though no money gets stored in your account, you wont have to type in the information every time you use paypal.

You can use "Instant" Checks if you have both a credit card and a Bank account attached to your account. First it will pull from your bank account then if it gets rejected (Your bank may charge you a returned check fee), if it comes back rejected it will automatically pull it off your credit card. This is all seamless to the person selling to you and they just see the bill paid in full instantly.

I would suggest using a secondary bank account and credit card to your account, that way you can do instant payments, and not have to pay a credit card bill for the items you purchase, (you still have the option of putting it on the credit card though)


Paypal also offers lines of credit. I have a $500 line that I use and pay off every month, it has 1% cash back. $5 is $5

Hope that helped you.

 

[crazelion]

I already have money in my paypal account that deposit from various rewards accounts. I just want a way to access the money that have in the account already.

I try to buy a gift card from wal-mart.com and told I had insufficant funds. Knowing full well did not go over my balance at in paypal account.

I am trying to pay off credit debit not get into credit card debit.

Your post almost makes no sense to me.... and I use pay pal just about every day...


So hopefully here are some answers.. A "PayPal" account is like a virtual checking account that you can pull funds from many sources to pay people across the Internet.

You can fund via ANY checking account (You need Routing and Account number, same numbers used for direct deposit as well) or savings account using those numbers. Takes 7 days to show up in your paypal balance.

You can also use a credit/debit card and use it to fund your purchases, though no money gets stored in your account, you wont have to type in the information every time you use paypal.

You can use "Instant" Checks if you have both a credit card and a Bank account attached to your account. First it will pull from your bank account then if it gets rejected (Your bank may charge you a returned check fee), if it comes back rejected it will automatically pull it off your credit card. This is all seamless to the person selling to you and they just see the bill paid in full instantly.

I would suggest using a secondary bank account and credit card to your account, that way you can do instant payments, and not have to pay a credit card bill for the items you purchase, (you still have the option of putting it on the credit card though)


Paypal also offers lines of credit. I have a $500 line that I use and pay off every month, it has 1% cash back. $5 is $5

Hope that helped you.

 

[crazelion]

Thanks for trying to explain this too me. But I am still confused.

Your post almost makes no sense to me.... and I use pay pal just about every day...


So hopefully here are some answers.. A "PayPal" account is like a virtual checking account that you can pull funds from many sources to pay people across the Internet.

You can fund via ANY checking account (You need Routing and Account number, same numbers used for direct deposit as well) or savings account using those numbers. Takes 7 days to show up in your paypal balance.

You can also use a credit/debit card and use it to fund your purchases, though no money gets stored in your account, you wont have to type in the information every time you use paypal.

You can use "Instant" Checks if you have both a credit card and a Bank account attached to your account. First it will pull from your bank account then if it gets rejected (Your bank may charge you a returned check fee), if it comes back rejected it will automatically pull it off your credit card. This is all seamless to the person selling to you and they just see the bill paid in full instantly.

I would suggest using a secondary bank account and credit card to your account, that way you can do instant payments, and not have to pay a credit card bill for the items you purchase, (you still have the option of putting it on the credit card though)


Paypal also offers lines of credit. I have a $500 line that I use and pay off every month, it has 1% cash back. $5 is $5

Hope that helped you.

 

[woodkins]

I already have money in my paypal account that deposit from various rewards accounts. I just want a way to access the money that have in the account already.

I try to buy a gift card from wal-mart.com and told I had insufficant funds. Knowing full well did not go over my balance at in paypal account.

I am trying to pay off credit debit not get into credit card debit.

You can get the paypal debit card. I believe it is also a credit card, but you do not have to use that option. I use mine solely as a debit card and the funds come out of your paypal balance.

 

[KKB]

Last spring I got an email that there was a paypal $900 debit to be made to my account--AND I HAD NOT AUTHORIZED ANY SUCH DEBIT!
I immediately called the bank, put a stop on the debit ($25 fee) and transferred nearly all the funds from our checking to savings.
I called paypal--needless to say they were NOT very helpful. Claiming they couldn't reverse a debit until it had gone thru...paperwork had been filed..HUH?
They did have me change my password to a far more complicated one & offered me a security feature they usually charge for free.
Just a heads up to check things often. A separate checking account that doesn't involve your living expense is highly advised.

 

[crazelion]

This is a secondary account. That about 2.00 in just to keep it active. It's the only bank that works around my summer job in the summer time.

I will be keeping a good watch on this account. As soon I am eligible for paypal debit account I am getting it. This just account to put various rewards money in. Because they do instants paypal.

 

[Jachred]

This is a secondary account. That about 2.00 in just to keep it active. It's the only bank that works around my summer job in the summer time.

I will be keeping a good watch on this account. As soon I am eligible for paypal debit account I am getting it. This just account to put various rewards money in. Because they do instants paypal.

Well then you have two options as stated before:

1) Get the Paypal Debit/ATM card (I have one) and you can use it like a regualr checking account.

2) Add a checking account and transfer to there via the withdraw function. (But would still take 3 days)

== From Paypal

How do I withdraw funds from my PayPal account?

Question :
Answer :
To withdraw funds to your bank account:


1.
Log in to your PayPal account.
2.
Click My Account.
3.
Click Withdraw at the top of the page.
4.
Click Transfer to Bank Account.
5.
Enter the requested information and click Continue.
6.
Click Submit.


To withdraw funds by requesting a check:


1.
Log in to your PayPal account.
2.
Click My Account.
3.
Click Withdraw at the top of the page.
4.
Click Request a Check.
5.
Enter the requested information and click Continue.
6.
Click Submit.


Note: US members will receive their check within 1-2 weeks while members outside the US will receive their check within 6 weeks. A fee of $1.50 USD will be applied to each check withdrawal. If you have not received your check after 14 business days, please contact us.

 

[crazelion]

To withdraw funds by requesting a check:


1.
Log in to your PayPal account.
2.
Click My Account.
3.
Click Withdraw at the top of the page.
4.
Click Request a Check.
5.
Enter the requested information and click Continue.
6.
Click Submit.


Note: US members will receive their check within 1-2 weeks while members outside the US will receive their check within 6 weeks. A fee of $1.50 USD will be applied to each check withdrawal. If you have not received your check after 14 business days, please contact us.

I did not know that I can request a check. That is good to know to. I just might have a check sent to as a option.

 

[kmvand1]

I would NEVER link any of my accounts to Paypal!!! I agree with a previous poster, Paypal is nothing but trouble and when a problem arises, they are no help whatsoever!! They do make sure they always get their money though, one way or another. It was my experience that you have to literally jump through hoops to get "verified" or some other form of BS before you can access your money. I shipped two items off and was never able to recover my money from paypal. You've been warned!