I have used Pay Pal long before I became a shopper to play poker on line.
They are never a problem. Most companies pay the fee for the convenience.
Only Corporate Research Int'l deducts it from your earnings, but they
are the cheapest %^&#^*'s this side of Mars. Many companies insist on
using Pay Pal only so you can't shop for them without an account. Sign up.
It is legit and convenient.

It was also convenient in a recent situation where I got paid for a shop with a large reimbursement. Payment had been slow and I got paid after a fair amount of holding their feet to the fire. Then voila 2 weeks later a second payment in the same amount through PayPal. This was a payment of over $200. I contacted the MSP of the error and suggested they claw back the duplicate payment but instead they indicated that only I could return it. I found the return was easy to do and certainly my on-line official PayPal record shows that the duplicate was returned. A whole lot cleaner than either returning a check or clearing the PayPal payment to my checking account and writing them back a personal check I would need a stamp for (and could get lost, mis-credited, etc.).

I've had good experience with Pay Pal and they have now sent me a debit card to use to withdraw the funds. I'm somewhat confused, however. I've seen where you can receive one percent back for purchases made with the debit card, but I'm wondering if they charge a fee for each transaction. Does anyone understand this?
I've had to pay the same fee you wrote about, Flash! The times they made direct deposits into the bank account attached to it I wasn't charged a fee.

The only times I've had deductions taken were when I failed to change the bank account information in my profiles with Bare and one other company, after I had to switch accounts because of problems my ex-husband tried to cause me. Isn't divorce wonderful? I merely sat down with customer service at my bank and they reimbursed me the deductions. There was supposed to be a notation made for deposits being made from one account number to the other and it wasn't made. Being registered with so many companies I had forgotten to correct all of them.

Joan,

I used to work for Paypal, on the debit card you have no fees if you use it at anyway that takes mastercard. You do have a fee if you make cash withdrawals like at a ATM machine

Thanks for the above. Are you familiar with this 1% back on all purchases made with the ATM card? There must be some gimmick, right? I hope my ideas are wrong. I'm just curious about how it would work before I elect to do it. Since you worked for them perhaps you understand what I'm referring to. They make it sound to me it's something new and perhaps I'm wrong about that, too.

Its like the discover card, where you get a rebate at the end of the year. It is based on purchases from the debit card not atm withdrawals.

Thanks! Glad you're among us!

I got a paypal debit card a couple of months ago. There is a 1% rebate? I think I will start transferring my debit card money from my bank to paypal for fine dining shops! :-)

dee shops!

I got the same thing as you did. So, you saw the 1% offer like I did. I'm wondering if we opt for that will we be charged monthly for it? Some cards deduct monthly fees for this stuff, if they don't get used.

I believe it's Discover where you get up to 5 or 6 percent back for gas, groceries, prescriptions, and other items. I don't keep up with it, but my boyfriend does. Not sure what percent you get back for restaurants. I'll try and ask him in our next conversation.

Most credit cards these days offer a rewards program that may either be cash back or 'points'. These range from 1%-3% and vary with the store used. So, for example, I get 1% with my Amex from Walmart and 2% for places that don't discount. I get 3% on my Visa from Buy.com for purchases at Buy.com and 2% for purchases elsewhere, but that is points only that can only be used for future purchases at Buy.com.

I have noted on recent bank shops that virtually every bank I have done a platform shop with is offering their own debit card that pulls money out of your checking account directly. Many of these are paying 1% or 2% but mostly they are paying in points good for merchandise, travel, rentals etc. And of course the 'price' in points of their merchandise makes the merchandise very expensive. If I need a new Mr. Coffee, I will go buy one at Walmart for under $20 rather than use 'points worth $45' at the bank to get an unknown brand.

My preference with all of these guys is cash back and my understanding is that it is cash back that you get from Paypal. Unlike the prepaid gift cards where the balance declines if you don't use them, your Paypal debit card if I understand correctly is just allowing you to access the cash in your Paypal account without the need to transfer it first to your bank (free) or have them send you a check (for a fee).

Flash!

You now have the "EXPERT STATUS" in my book on the banking and credit card deals. I now know why my boyfriend has the Discover Card with the higher reward bonus. The only reason I know that much about it is because he just handed me another credit card to use for a month, as we reached the bonus limit for the year with the Discover Card!

I definitely agree with your philosophy on the merchandise points and having to redeem them only through their outlets. I believe there are some that must offer in exchange for points Gift Cards good at various places. I write this because I recently was handed 10) $100 Home Depot gift cards to fix the fence and restore the dock here at the farm. I know he would never have bought them outright, so he had to have obtained them by "cashing in" some of his points. It all works for me.

Thanks for clearing up the Paypal 1% option. I won't hesitate to use it, when I have to. Wish they would give you interest on the money they have.

I just find it overall easy enough to have Paypal payments just moved over to my savings account. It is free to do, I can then do any on-line banking transfers between the savings and checking to pay the bills and I have the money collecting interest in my savings account until it is time to move it to cover the bills. It works for me and rare is the month when I approach the $500 limit on Paypal cash transfers to my savings account.

My usual procedure is that I get an email notice indicating a Paypal payment has been made. I go look in Paypal and while I am there, just set up the withdrawal. I then go to my shop sheets and record the payment as received. I leave the Paypal acknowledgement of the transfer in my email until I see the $ has hit my bank account--which has always happened without fail. The Paypal amount is available at my bank in usually 3 business days, though I understand this varies from bank to bank when you see it.

Until getting the Paypal card, I just transferred the cash to my MSC checking account, a separate one from our joint family account. I also have MSC payments sent there. I got the debit card as I could use the money more quickly (no 3 day wait) and sometimes I need that to complete a scheduled shop as agreed.

I did only hear about the 1% thing in this thread. Is it true? If so, I will use it more and transfer money into the account to do ever more with it.

No banks here are offering free no minimum balance interest bearing checking accounts that have perks like rebates. Sounds like the price of "living in paradise" just went up again. :-(