Pay Pal question

[barbmouse]

I know this is probably a dumb question but I don't know the answer so thanks for any help ahead of time!

I have started participating with Opinion Outpost and am trying to decide on a payment option. I am most interested in Pay Pal and it says cash pay out. How does that work? When I set up my pay pal acct will I link it to a personal account that the money will go into? Obviously, I haven't used pay pal before but am most interested in this method so I can use $ for vacation. Please help and thanks!!

 

[mrsdrake625]

That's basically it. You can link your paypal to a "real" bank account to transfer the money there if you want, or use paypal online to buy stuff. Amazon does not accept paypal, sadly.

A word of caution - paypal can and is hacked. My mom has gotten hers wiped out a few times. Just don't keep a ton of cash there all the time. There's some kind of debit card you can get for it as well but.I.don't have any experience w it.

 

[worm761]

That's basically it. You can link your paypal to a "real" bank account to transfer the money there if you want, or use paypal online to buy stuff. Amazon does not accept paypal, sadly.

A word of caution - paypal can and is hacked. My mom has gotten hers wiped out a few times. Just don't keep a ton of cash there all the time. There's some kind of debit card you can get for it as well but.I.don't have any experience w it.

This is very good advice. While I love my Paypal account, it is not a real bank nor does it try to be.

As for the debit card, it is a Mastercard debit linked only to your Paypal account. If you use it as a credit you get 1% cash back on everything.

 

[pryncess527]

PayPal will also charge you fees to transfer your money. You can buy things and pay with PayPal to avoid fees, but I'm pretty sure you'll pay for a bank transfer.

Last time I got an Opinion Outpost payout, they sent me a check. If that's still an option it might help avoid losing some of your money to fees.

 

[Eureka]

PayPal will also charge you fees to transfer your money. You can buy things and pay with PayPal to avoid fees, but I'm pretty sure you'll pay for a bank transfer.

Last time I got an Opinion Outpost payout, they sent me a check. If that's still an option it might help avoid losing some of your money to fees.

I have never paid a fee for a transfer. There are fees when you take money out of an ATM with the PayPal debit card though.

 

[barbmouse]

I don't see check as an option on OO. That would be primo!
Any advice?

 

[mrsdrake625]

No fees with a personal PayPal account, at least I have never paid any to transfer money online. You can transfer up to $500 a month I think.

 

[jennyjinx3]

So is it safe to link Paypal to your bank account?

 

[honeybunches]

I love PayPal. I have mine linked to a separate bank account that we rarely used anymore, didn't want it linked to my "real" account just in case it was ever hacked. Also if you sell on ebay through paypal, a buyer could issue a claim that can put a hold on yr account. I didnt want anything messing with our regular bank act, you know?

There are no fees for bank transfer. You can get a Paypal debit card but I prefer to transfer money to my bank account and use the bank debit card.

 

[honeybunches]

I don't see check as an option on OO. That would be primo!
Any advice?

I don't think they do this anymore.

 

[honeybunches]

That's basically it. You can link your paypal to a "real" bank account to transfer the money there if you want, or use paypal online to buy stuff. Amazon does not accept paypal

You can cash out at OO for Amazon cards though.

Sorry for a million posts, can't figure out how to multiquote on the iPad.

 

[chrystalc77]

Does anyone know if Disneystore.com accepts Paypal? Thought about using mine to buy Disney gift cards.

 

[barbmouse]

Thanks for the replies!