Interest Paypal

Marque
Contributor
Contributor

I can't find out how Paypal pays interest to those who choose to keep funds in their account?  Is there a spreadsheet somewhere with the interest / minimum balance shown?  Specifically want to know the interest rate for over 10k kept in account.

Thanks all!

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DPCreations
Frequent Advisor
Frequent Advisor

PayPal balances do not earn interest for the account holder.  If you want to earn interest, then transfer funds to an interest-bearing bank account.

From User Agreement:

"Any PayPal balance you hold represents an unsecured claim against PayPal and is not insured by the Federal Deposit Insurance Corporation (FDIC)."

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