Pay Pal Savings Account
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Post Posted: Mon Aug 30, 2004 3:21 pm 
 

I've almost used up my PayPal limit, where they make you get a 'verified' account after that.

I really don't trust those yokels with direct access to my cash.  

What's your experiences with it?

Is it possible to just continually set up new 'unverified' accouts?  Anyone done this?

  


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Post Posted: Mon Aug 30, 2004 5:29 pm 
 

In the same situation I switched to "Premium". I did not regret it.


- "When the going gets weird, the Weird turn pro."

Hunter S. Thompson (July 18, 1937 - Feb 20, 2005)



  


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Post Posted: Mon Aug 30, 2004 6:01 pm 
 

Well -- it took some effort -- but I set up a new account at the local bank and use that account for Paypal only.  I transfer money in/out while on-line so it has worked very well for me.  Even if Paypal really screws up -- someone will only get what little is in that account and not the other accounts.  Works for me. :D

  


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Post Posted: Mon Aug 30, 2004 9:17 pm 
 

I've used PayPal in about a thousand transactions. Never had a problem with them. Much greater things to worry about in eBay buying/selling than PayPal.

  


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Post Posted: Mon Aug 30, 2004 9:50 pm 
 

Never had any problems with it.  I've heard horror stories, but nobody that I actually know.  I WOULD be more comfortable if they were federally regulated (to my knowledge they still aren't, since they aren't a "bank" per se).  I actually remembered reading that if they got a few thousand more users, businesses would start to have to take Paypal as a form of payment.  I'm still freaked out by this whole "cashless society" we are moving towards.

  

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Post Posted: Mon Aug 30, 2004 9:58 pm 
 

Have had a paypal account for around four years, maybe more, and never had one problem. I have it connected to a bank account that I only use for ebay stuff.

You can get free checking accounts just about anywhere now, and that is what I have. I only keep a couple hundred dollars in it at any given time.

I simply use it to purchase my collecting chase items and to fund mutual funds for my kids as I sell and resell. When I exceed $300, I transfer 100 bucks to each of my kids funds - and my bank does it for free!

I get a safe funding source, a way to have fun with my collection, and a cool way to fund my kids college or whatever (how I keep my wife off my back about spending money on gaming stuff).


And I could've bought these damn modules off the 1$ rack!!!

New modules for your Old School game http://pacesettergames.com/

Everything Pacesetter at http://pacesettergames.blog.com/

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Post Posted: Tue Aug 31, 2004 8:53 am 
 

I've had a PayPal account for awhile.  Never one problem (knock on wood).



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Post Posted: Tue Aug 31, 2004 10:29 am 
 

I do exactly what bbarsh does. Works fine.


If you hit a Rowsdower, you get to keep it.

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