Buy Paypal Cash Card With Credit Card
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PayPal My Cash cards are ridiculously easy to use for running up credit card spend. You can buy these with a credit card; load the funds to your PayPal account; and then retrieve the funds in a number of ways: transfer to your bank account; send money to friends; spend the funds with a PayPal debit card (load Bluebird or Serve, for example); etc.
Second if you load money onto this card with cash and then load it into your paypal and then transfer to a bank you are throwing a red flag! The only point of doing the above if to launder money. Sure I can see once or twice if you sold a car or something valuable. I have loaded thousands in cash cards and loaded my paypal up. I use my paypal debit card to make purchases and have never had an issue.
I had an unfortunate go around with paypal once when I went over on my ebay giftcard spending limit and was unable to use them for a number of months.I opened a 2nd acct and was able to use some unapplied cards there.
Question to those that have been shut down.1) What is the smallest amount you have been shut down for, or did you max the $4k a month?2) Did you immediately withdraw to a bank? How long did you wait?3) Did you make any other payments to other paypal members (like the intended use.)
This is all fairly crazy. I use PP for eBay selling and then transferring money to my bank or the occasional purchase. It seems to me that if they sell the card to load your account, then if they want to not have you do something, they should put in the system to prevent it from being done, not shut you down and keep your money for months on end.
I was able to appeal and have my account reopened. This was last year. I was doing it on two accounts. We had to provide a bank statement, DL, and I think a few other bits. The whole process took about 1-2 hours on the phone and about 10 days waiting time. It was a real pain and I stopped immediately loading with paypal cash cards.
I thought the same thing, I did the same way, even better, I used ebay CC linked in my PP to use as backup funding source. And I was using PPMC loads to pay off my eBay CC there. Mixed with a lot of eBay sale transactions. Also used PPDB to online load RB,BB,Serve.But be warned: your day will come if you continue doing this. One time warning from paypal is the only warning you get. Next time they come at you, is a complete shutdown.
Any legitimate retail purchase or transfer to friends and family is considered to be a valid and supported use of your Paypal cash balance (even if this balance got there by loading all $4K/mo using Paypal reload cards).
@Ben, yes my friend Alex had nothing but real spend. They shut him down, he won on appeal and then shut him down a month later. I was told that bottom line is you cannot use the MyCash cards with the debit card for any purchases.
Please clarify this Jethro. If one has an actual PayPal credit card then one can use these PayPal immediate cash cards to move money around without fear of shutdown? Can you clarify and do some more for me please. Also does a premier account work the same as a business account with PayPal?
3 PayPal Transfers require a PayPal Balance account and a personalized card, which arrives within 10 business days after activation of your instant-issue card. If you do not already have a PayPal Balance account you will link to this Card, visit paypal.com to get one, or you may get one when you activate this card online. A PayPal Balance account is required for certain features, but not to have the PayPal Prepaid Card. Transfers may not exceed $300 per day/$2,000 per rolling 30 days and are limited to the funds available in your account at PayPal. Transfers may only be made in the name of a valid PayPal Prepaid Mastercard Cardholder. Only one (1) PayPal Prepaid Mastercard may be lined to one (1) account at PayPal. PayPal Transfers cannot be reversed or canceled. The Bancorp Bank and Mastercard are not affiliated with, and neither endorses nor sponsors the PayPal.com online account to which various funding sources, including a PayPal Prepaid Card, may be linked.
5 Payback Rewards is an optional program. You may opt-out at any time by visiting the Payback Rewards Page in your Online Account Center. Reward offers are based on individual shopping habits. Cash back rewards are credited to your Card Account and are not available in the form of a check or other direct payment method. See the program FAQs and Terms and Conditions in your Online Account Center for additional details about how and when you get rewarded. Program sponsor: Netspend Corporation. The Bancorp Bank, Mastercard or PayPal are not affiliated in any way with the program and neither endorses nor sponsors it.
9 Mobile Check Load is a service provided by First Century Bank, N.A. and Ingo Money, Inc., subject to the First Century Bank and Ingo Money Terms and Conditions, and Privacy Policy. Aprroval review usually takes 3 to 5 minutes but can take up to one hour. All checks are subject ot approval fro funding in Ingo Money's sole discretion. Fees apply for approved Money in Minutes transactions funded to your card. Unapproved checks will not be funded to your card. Ingo Money reserves the right to recover losses resulting from illegal or fraudulent use of the Ingo Money Service. Your wireless carrier may charge a fee for message and data usage. Additional transaction fees, costs, terms and conditions may be associated with the funding and use of your card. See your Cardholder Agreement for details.
You can use the PayPal Prepaid Mastercard® to eat, drink and shop everywhere Debit Mastercard is accepted. Order online and once your information has been verified, you'll receive your Card in the mail within 7-10 business days. Subject to activation and identity verification.*
3 PayPal Transfers require a PayPal Balance account and a personalized card, which arrives within 10 business days after activation of your instant-issue card. If you do not already have a PayPal Balance account you will link to this Card, visit www.paypal.com to get one, or you may get one when you activate this card online. PayPal Balance account required for certain features, but not to have the PayPal Prepaid Card. Transfers may not exceed $300 per day/$2,000 per rolling 30 days and are limited to the funds available in your PayPal Balance account. Transfers may only be made in the name of a valid PayPal Prepaid Mastercard Cardholder. Only one (1) PayPal Prepaid Mastercard may be linked to one (1) PayPal Balance account. PayPal Transfers cannot be reversed or canceled. The Bancorp Bank and Mastercard are not affiliated with, and neither endorses nor sponsors the PayPal.com online account to which various funding sources, including a PayPal Prepaid Card, may be linked.
5 Payback Rewards is an optional program. You may opt-out at any time by visiting the Payback Rewards page in your Online Account Center. Reward offers are based on individual shopping habits. Cash back rewards are credited to your Card Account and are not available in the form of a check or other direct payment method. See the program FAQs and Terms and Conditions in your Online Account Center for additional details about how and when you get rewared. Program sponsor: Netspend Corporation. The Bancorp Bank and Mastercard are not affiliated in any way with this program and do not endorse or sponsor this program.
The interest rates and APYs of each tier may change. The APYs were accurate as of September 8, 2021. These are promotional rates and may change without notice pursuant to applicable law. No minimum balance necessary to open Savings Account or obtain the yield(s). Because Savings Account funds are withdrawn through the Card Account (maximum 6 such transfers per calendar month), Card Account transaction fees could reduce the interest earned on the Savings Account. Card Account and Savings Account funds are FDIC-insured through The Bancorp Bank, Member FDIC upon verification of cardholder's identity. For purposes of FDIC coverage limit, all funds held on deposit by the Cardholder at The Bancorp Bank will be aggregated up to the coverage limit, currently $250,000.00. 781b155fdc