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Paypal Question

Old Jan 11, 2005 | 07:19 PM
  #11  
Rob x-7's Avatar
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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



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.
Old Jan 11, 2005 | 08:20 PM
  #12  
Shane.Trammell's Avatar
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Originally Posted by Rob x-7' date='Jan 11 2005, 07:19 PM
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.





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.
Old Jan 11, 2005 | 08:49 PM
  #13  
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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!!
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