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elgato
Joined: 24 Feb 2005
Posts: 16923
Location: Texas
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| Posted: Wed Oct 28, 2009 2:11 pm Post subject: PayPal offer faster withdrawal for £5.00 a go |
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If you’re in a hurry to get your funds from PayPal they’re willing to charge you a fiver to get the funds to you within one or two working days.
I’m not sure who would be desperate enough to need funds when the typical transfer time has already reduced to 2-3 working days. That’s already a great improvement from a few years back when it wasn’t unusual for a PayPal withdrawal to take over a week.
There are of course cheaper ways to access your PayPal funds than paying £5.00 to speed things up. You could of course simply pay with funds from your balance to merchants that accept PayPal. Failing that if you purchase a PayPal top up card (which costs a one off £4.95) then you can transfer funds directly from your PayPal account to the PayPal card within 24 hours.
If however on the rare occasion you’re desperate for funds or have a large payment you just can’t wait for three days to spend feel free to donate a fiver to PayPal’s coffers and your PayPal withdrawal should hit your bank account one day sooner than normal.
more.. link to news article |
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Baconsdozen
Joined: 06 May 2008
Posts: 753
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| Posted: Sat Nov 14, 2009 4:40 am Post subject: Re: PayPal offer faster withdrawal for £5.00 a go |
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I notice that the £5 fee grab is the default option and a warning does not show that you are being charged this fee on any other page.
Are poopal and ebay that desperate for revenue that they have to operate in such a underhand fashion?.There have been a lot of people finding they have been charged this extra without realising it,none as you can imagine are very happy.
Be warned too that in the UK (I suppose it may apply elsewhere) the banks can also add a charge if using this method.
The whole thing stinks. |
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DaLizardsLair
Joined: 15 Feb 2009
Posts: 4782
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| Posted: Sat Nov 14, 2009 10:07 am Post subject: |
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| That "fiver" is pounds, not dollars, which is somewhere in the vicinity of $7.50. |
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elgato
Joined: 24 Feb 2005
Posts: 16923
Location: Texas
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| Posted: Tue Nov 17, 2009 5:59 pm Post subject: Re: PayPal offer faster withdrawal for £5.00 a go |
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Baconsdozen
"I notice that the £5 fee grab is the default option and a warning does not show that you are being charged this fee on any other page."
If they warned you of this latest fee, the unwary user might not use it. It's kind of like another little SURPRISE, we've nailed you for another FEE. |
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