The Chip Board
Custom Search
   


The Chip Board Archive 14

Is anyone using PayPal MoneyMarket account?

I see that PayPal is now paying about 4.5% on funds in your PayPal account that you designate be held in their MM facility. This is higher than most any other MM account available today. You can hold up to $100,000 this way and funds you pay to other members are taken directly from this interest paying account. You can also withdraw funds by electronic transfer to your own checking account or by requesting a check be mailed to you.

This sounds almost too good to be true, and I'm wondering if anyone reading this bb has used this PayPal facility?

Another benefit is that when you pay to another member who has a personal account and can't accept credit cards, the transfer is made as if you had cash in your account and there is no fee.

Messages In This Thread

Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Hey Andy grin
Re: Hey Andy grin
My mistake - 'tokes'
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Thanks, Robert.
Re: Thanks, Robert.
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?
Re: Is anyone using PayPal MoneyMarket account?

Copyright 2022 David Spragg