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Another Paypal Question Just For Clarification

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southsav's Avatar
2224 Posts
 Posted 06/29/2011  3:34 pm Show Profile   Bookmark this topic Add southsav to your friends list Get a Link to this Message Number of Subscribers
Ok, I searched the old Posts for this and want to see if I fully understand something.

I attempted a purchase and could not proceed as I needed to verify and link a bank account or get their credit card. I don't want their credit card.

Reading past posts, I can open a secondary bank account with minimum balance and use that account to get verified. That should reestablish my PayPal account. Right?

Are future purchases still backed by my credit card I have listed with them, or does it pay with the bank account funds? Or do I still have a payment option source: linked Bank account, credit card, PayPal positive balance, etc.

My preference is to continue to pay buy my listed credit card, and not have them transact with any bank account.
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fioti's Avatar
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4212 Posts
 Posted 06/29/2011  4:09 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
#1 You're not required to get their card, it's an option.
#2 Yes, but I list it as my primary acct.
Backed, yes. Before disputes are even settled, the $$ is taken from your acct. If you dont have the funds, you could go into debt big with your bank. Since paypal covers their butts by gauanteeing a refund, now they come after you. You can ALWAYS pay with a positive balance, or add $$ to a neg. balance.
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822 Posts
 Posted 06/29/2011  4:14 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
Before disputes are even settled, the $$ is taken from your acct. If you dont have the funds, you could go into debt big with your bank.


Hogwash. They haven't been allowed to do that for many years.
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southsav's Avatar
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 Posted 06/29/2011  9:00 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
So, If I;

-Open a separate bank account with minimums and use that acct to get verified
-future purchases using PayPal, I will still have the option to use a registered credit card, that bank acct or funds in PP to make the payment. PP won't automatically withdraw from the bank acct.

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