Please help me with Paypal.

[ktkerber]

I belong to a survey site (LightSpeed)that I have enough points to cash in. One of the options is Paypal. I have purchased items on E-Bay using Paypal(where my credit card was charged), but that is the extent of my experience. How does it work if Lighspeed pays me with Paypal? I would rather have cash or Disney gift cards, but those are not offered.

Please explain to me how this works.

TIA!!!!

 

[wheelcap]

They will transfer money into your account, then it will sit there waiting for you to do something with it. When you buy something from eBay, it will automatically use that balance first, then charge the remainder to your card. Or, if you want, you can attach a bank account to your paypal account, and request a transfer from paypal to the bank account - which takes about 4 days. Either option works well, and both are quite simple.

 

[mousefan1972]

I sell some stuff on ebay, and just had a couple of paypal payments sent to my account. Once you get your money in your paypal account, you have some options. You can have it electronically transferred to your bank account (this is what I do b/c it is free), you can have them mail you a check ($1.50 fee), you can put it on a paypal debit card and buy stuff. There are a couple other options, but I can't think of them. Or, like a pp said, you can leave it there and use it to buy stuff on ebay. It's easy to use and your money is available immediately. Good luck!

 

[LKHomemail]

i think that paypal now offers a debit card , you can transfer money from your pay pal account to the debit card and use that card for purchases or withdrawls in cash at a machine.

 

[Weluvdisny]

I belong to another survey/rewards site and although I have not cashed out through paypal myself, some of the other members have and say there is a fee charged to do this. I'm not sure what it is but you might want to check it out before you go through paypal.

 

[rflorek]

i think that paypal now offers a debit card , you can transfer money from your pay pal account to the debit card and use that card for purchases or withdrawls in cash at a machine.

You don't actually have to transfer any money to use the debit card - I do it all the time. It just subtracts your purchases from your Paypal balance - plus, you can earn cashback when you use it (I think it's 1%). You can get the details on the Paypal website if you look up info on the debit card.

 

[rflorek]

I belong to another survey/rewards site and although I have not cashed out through paypal myself, some of the other members have and say there is a fee charged to do this. I'm not sure what it is but you might want to check it out before you go through paypal.

I receive my Pinecone survey payments through Paypal and no fee is charged. It may work differently with other survey/rewards sites. I do have a Paypal Premiere/Business account, so fees are taken out when I receive my eBay Paypal payments.