Comments on: How to receive 1% cash back bonus with PayPal

By: Ben Herila

Ben Herila — Thu, 29 May 2008 03:16:21 +0000

You do NOT get cash back if you use a secure card. At least… I don’t.

By: Jeff PAris

Jeff PAris — Sat, 19 Jan 2008 20:47:57 +0000

I have used paypal for my businesses for about 10 years. I have taken $5000 payments with no issues. I pull in about $14,000 a month gross and never has paypal tried to take my funds. If there is a security issue, they will lock down my account and force me to validate my identity via fax. Hey, I have no problem with that, it keeps my money safe. Within a few days, my funds are free for spending or transfer.

The only time paypal takes money is when fraud is in play. To prevent theifs, narrow your acceptance choices in your paypal profile. I demand that users be verified paypal users, no instant credit card payments, and I make my big customers fax me the front of the card and their photo id before I begin working on their project. This protects me and my company from jerks that get services and then chargeback later.

Paypal is not a bank and it is not FDIC insured, so don’t store your money there long term.

By: Ron

Ron — Sun, 28 Jan 2007 06:57:01 +0000

I have had one (well, technically, a few, since they keep sending new ones every 2 years) of these for around 5 years. I’m still getting 1.5% cashback, which is what they offered when they started issuing the debit cards. That’s 50% better …

By: TDavid

TDavid — Mon, 15 Jan 2007 15:25:34 +0000

Hi Jamie - thanks for taking time to leave your thoughts on the PayPal debit card.

Brandy - sorry to hear of your troubles If it’s a chargeback issue where the customer didn’t receive the funds back, you should see an attorney about that (have you?). We don’t have a backup account selected for the Debit Card (credit card or checking account — and am not interested in doing that at this time), so the limit of being swindled should be the balance we maintain in PayPal and/or the payments we accept from others (our business typically doesn’t accept PayPal payments from clients over $200 USD, so that’s a risk we’re willing to take). In fact, I think the highest amount we’ve received from a single PayPal transaction has been around $1,000 USD. No problems there fortunately.

By: Brandy

Brandy — Mon, 15 Jan 2007 07:23:34 +0000

You should read my post on Paypal. Just so you know. I have a business account with them and someone paid me with funds. Which they then took back a month later. 1700.00 to be exact. They won’t tell me why they took them back. And the person that paid me has said there shouldn’t be any reason. So be very careful… Paypal has the right to do this.. So they say. Now I have a lawyer involved. But read my post…

Brandy-
Seattle

By: Jamie R. Rytlewski

Jamie R. Rytlewski — Mon, 15 Jan 2007 06:36:43 +0000

I’m not an avid reader, I picked up your site from someone’s shared feed on Google, but I’ve been using the PayPal Debit card for a few years now. Actually, I have had actually had a renewal card sent to me. I used to use the card a lot more than I do now. I had sold a lot of items on ebay (comics and toys) and instead of always just transferring the money from PayPal, I would just use the debit card. I loved the 1%, on some big purchases, it was nice. Now that I don’t have time to sell anything, I do not use it as much, but I still have one also.