Paypal Question

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01-11-2005, 07:19 PM

#11

Rob x-7

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Join Date: Feb 2002

Location: Amityville, New York

Posts: 12,288

Quote:

Originally Posted by Shane.Trammell' date='Jan 11 2005, 07:05 PM

good. this is a good way to get around high cash advance fees with no interest periods. paypal the money to your gf then get the money from her

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there is a charge for paypal, its 2.9% plus .30 cents

I guess still cheaper then a cash advance fee, I never did a cash advance on a credit card, thats when you know its time to stop spending money!

not too mention it will take a little while for you to get the cash in your hands after that process.

01-11-2005, 08:20 PM

#12

Shane.Trammell

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Join Date: May 2002

Location: Richardson Texas

Posts: 4,326

Quote:

Originally Posted by Rob x-7' date='Jan 11 2005, 07:19 PM

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yeah i just found out about the fee and waiting for a few days. the fee came out to about $22 or so of $750.

01-11-2005, 08:49 PM

#13

HIMNI RACING

Senior Member

Join Date: Mar 2003

Location: Florida

Posts: 127

The % rate varies, based on the type of payment method use. Credit cards have the highest rate of about 2.5- 2.9 % (something like that) The fee only applies to the receiver of the money...free for senders. The Paypal % rate is less then any other method of excepting credit cards. This is the biggest reason why you see so many stores excepting paypal now.

Damn, I shouldn't know all this....vacation is much needed!!