Paypal Money Market Fund

huffjoann

DIS Veteran
Joined
Jun 10, 2010
Messages
695
Does anyone use this feature? I keep a little $$ in my paypal account for ebay etc,, not very much, but just my "mad money" from my sales until I buy something else, LOL. I see they have a paypal money market fund paying some interest,, I figure I might earn a few pennies with it but wondered how it really worked,, something I just read said something about transactions only available on business days,,, so does that mean if I move it to money market that I cannot use it to purchase unless it is business day/hours? Is it a hassle to move it back if I purchase something? how about if I just want to move it to my bank account?
 
I enrolled in the PayPal Money Market Fund a few years ago and when I used it, it was just like a regular PayPal account accept you earned interest. No difference for buying stuff. I don't keep money in PayPal now so I'm not sure if things changed.
 












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