Using Credit Cards Through PayPal

[socialleper]

There is a bass in the used section I'm GASing for and I'm trying to figure out my options. I'd rather put it on my Discover card than just pay out of my bank account, but I'm not sure how that would work with PayPal. I already have the card linked to my account.
Please share your experience if you have been a purchaser or seller through the TB forums and a credit card through PayPal was used for the transaction? Would you do it again?

 

[AciDBatH666]

I try to do everything through paypal. You're covered if something goes bad. DO NOT send money as a gift. I usually throw in a couple of extra bucks as a favor to help with the Paypal fees. If you send it as a gift, you get ZERO protection.

 

[socialleper]

I try to do everything through paypal. You're covered if something goes bad. DO NOT send money as a gift. I usually throw in a couple of extra bucks as a favor to help with the Paypal fees. If you send it as a gift, you get ZERO protection.

I use PayPal for everything too, but what I'm trying to find out is does it work differently if you use a credit card like Discover instead of your linked bank account.

 

[jd-ns]

I use credit card via paypal all the time. Just choose credit card instead of bank account and pay for it. The charge will show up on your credit card statement. It's as easy as that.

 

[AciDBatH666]

I think I tried to get it linked to my credit card once and had trouble. Or it would always want to default to my debit account.
Not sure about it. It would be helpful for sales where I was buying a used item but didn't have the funds in my account, yet had the credit available for it.

 

[JLY]

I have never sold anything thro paypal- only purchases and the credit card works fine- just pay off the credit card right away to avoid any interest

 

[socialleper]

Are there any additional fees for using the cards? Some stuff I've read online already made it sound like there are fees or daily maximums.

 

[DWBass]

I only use my credit card with Paypal. I do not, and will not link my bank account!

 

[ChefKen]

When you go to checkout click on the small Paypal tab "changes" in your account info box. It will bring up all of your options....

 

[socialleper]

When you go to checkout click on the small Paypal tab "changes" in your account info box. It will bring up all of your options....

Eww! They charge me 3% and that's not including what they take out of the seller.
That sucks!

 

[ChefKen]

Eww! They charge me 3% and that's not including what they take out of the seller.
That sucks!

Then pay cash. The protection is worth it. Dont concern yourself with the seller. Real services are not free......It even costs money to buy and sell on this forum.....No membershp fee for Ebay or paypal.

 

[pedroims]

Eww! They charge me 3% and that's not including what they take out of the seller.
That sucks!

I have never been charged when buying only when selling, is that a new policy?

If you sent the money as a gift you will be charged, never send money as gift.

 

[Robus]

I try to do everything through paypal. You're covered if something goes bad. DO NOT send money as a gift. I usually throw in a couple of extra bucks as a favor to help with the Paypal fees. If you send it as a gift, you get ZERO protection.

Just to add to that point, ANYBODY who asks you to pay for goods or services using paypal gift has just done you a favor.

They warned you in advance that you are dealing with a thief.

They want you to help them defraud paypal, and give up your own protection to do it.

 

[ddnidd1]

Eww! They charge me 3% and that's not including what they take out of the seller.
That sucks!

You don't get charged a fee if you are a Buyer.

 

[Dave W]

There is no difference between using a bank account or credit card.

 

[socialleper]

Then pay cash. The protection is worth it. Dont concern yourself with the seller. Real services are not free......It even costs money to buy and sell on this forum.....No membershp fee for Ebay or paypal.

I think you misunderstand me.
If I use a bank account there is no charge to the buyer and the seller pays a small fee if you do it as Goods/Services, but they insure the deal.
If you use a credit card like Discover, someone takes three percent off the top and then there is the normal PayPal fee.
So using the credit card vs a bank isn't a good way to go.

 

[Lobster11]

I use my credit card for all my Paypal purchases, and as far as I've been able to tell I've never had to pay any extra fees. I'm not aware of sellers having to pay any extra fees either. Sooner or later I think Paypal will start charging an extra fee to use a credit card, as some other sites do, but as of now I don't think there's any difference.

BTW, the card I use is a Visa that I've had for as long as I can remember. I mention this just in case there are differences between different kinds of cards.

 

[ddnidd1]

Let me try this again - buyers do not pay Any Fee for using a credit card on Paypal.

 

[Lobster11]

Here's a link to a page about fees on the Paypal site:

https://www.paypal.com/us/webapps/mpp/paypal-fees

As some of us have been saying, there are no extra fees to either buyer or seller when a credit or debit card is used to purchase goods. However, it appears that if you are simply sending money -- i.e., not for a purchase -- there IS an extra fee to the sender for using a credit card rather than bank transfer.

 

[AciDBatH666]

For the record I got paypal to accept my credit card. I tried to add my HSA debit card but it wouldn't work. So I grabbed my checkbook and put the bank account number instead. My HSA is my insurance account, and I recently bought some alien ears 15db ear plugs but I wanted to pay with my insurance. They accept PayPal and since the debit didn't work I went with the bank account info.