question abt paypal

[CROCHETCHICK28]

if im wanting get a paypal, can i open it up with a savings account?

[Mermaiden]

I just checked my account, and yep - both checking and savings are options you can link to.

[KnicKnac]

Yup sure can, that is what I opened my personal one with!

[andip470]

I also have a savings account with PayPal. I do want to caution you, as a banker, to limit your automatic withdrawals, including PayPal to 6 per month. Federal Regulation D imposes this limit. Some financial institutions will block transactions that exceed the limit, others will charge a fee for each transaction that is over the limit. If you will be making a lot of purchases, you may want to consider a separate checking account for this purpose alone.

[angelfire]

yes you can and mine is linked to a debit card from Paypal

[NexStitch]

Andi, good tip. Didn't know that. I don't think I over-exceed that (i think).

[CROCHETCHICK28]

1 more thing i have savings account with the credit union with that work with paypal too? thanks