Paypal Question!

[Dashaansafin]

Hey guys,

My paypal is linked via credit card ONLY.

I recently was sent some money for selling and I would like to deposit it into my bank account. I have my credit card linked up and that is all. Is it possible to deposit money into my bank account?

Also,

Say I have 40 bucks in my paypal account. I want to purchase something for 50 dollars. Will it subtract the 40 dollars from my balance and then charge 10$ on the CC?

Thanks!

 

[Dashaansafin]

Help anyone?

 

[spence]

You'll need a bank account set up to deposit money, and yes they will draw from the paypal account before your credit card for the difference.

-spence

 

[Dashaansafin]

Thank you! I heard they might charge extra from my card. Is that true?

 

[whusurdadi]

Originally Posted by Dashaansafin

Thank you! I heard they might charge extra from my card. Is that true?

It doesn't cost you any extra $ - it may cost the seller a little in fees...

 

[TyCooN]

Sign up for a paypal debit card, you can use that trash to withdraw money directly from paypal w/o waiting using ATMs. There's no waiting period like bank transfers or checks either.