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04-09-2018 06:12 PM
Hi All,
I have a PayPal (PP) acct, connected to my credit card. I only use PP to pay for items -- I never sell anything so I never have monies coming into PP. However, Mr. Rebates owed me $ and I opted for the money to go directly to PP rather than to receive a check (weird mail happenings lately in my neighborhood). PP did receive the money and I have these options: (1) keep the money in the PP acct. for future use: (2) apply the money to my credit card; or (3) have the money transferred into my bank acct. I would prefer to have the last option #3 but I am wary of giving out my bank acct. info. YOUR thoughts & replies are appreciated...did you or would give your bank acct. info to PP? TIA
04-09-2018 06:16 PM
All paypal has of mine is one CC # and it has a $500 limit because would not be buying anything that large with this card.Thus - the most I could ever lose is $500.I never buy online except with paypal.
04-09-2018 06:24 PM
In a word, yes.
04-09-2018 06:27 PM
Visualize a large digital ‘moat’ around your bank account.
Let no one enter!
“You Shall Not Pass!” (a little Gandalf advice)
Never, ever let a retailer enter your bank account.
Out of the choices, I would apply the money to your credit card.
Create that paper trail in case something goes sideways.
04-09-2018 06:32 PM
My answer is NO
04-09-2018 06:32 PM
Paypal is a part of Bancorp Bank. I think their website is as safe and encrypted as any other banking institution. I've had an account for several years and never had an issue.
04-09-2018 06:36 PM
Thanks for ALL of your replies
04-09-2018 06:37 PM
Yes, had it for over 13 years, no issues so far.
04-09-2018 06:47 PM
I cancelled my PP account years ago I kept receiving "emails" saying that there was an issue with my PP account. Never answered the "email" of course, but when I would call PP, there was no issue. Did not use it much, but felt safer without the monthly -bimonthly scam emails!!!
04-09-2018 06:52 PM
Wasn’t PayPal in the news several months ago...regarding privacy issues?
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