Transfer from bank account (checking) to Paypal fee?

[JeffroHome]

I sent $100 from my checking account to Paypal so I could use my PP debit card for a couple things.

Today the $100 transaction showed up in my "recent activity" in my checking account as and ACH transaction, and "PAYPAL TRANSFER".

There was also a $6.45 charge that showed ACH transaction and "PAYPAL INST XFER"  This isn't a purchase I made for $6.45.

What is the $6.45 charge for?  I sure hope this isn't a fee to add money to my PP account.

The $100 isn't showing in my PP account either.  So I can't spend the money with my bank card, or my PP card.

[PayPal_Olivia]

Hi JeffroHome,

It sounds like there are two separate things going on at the same time.

For the first concern - the $100 add funds transfer - that is a process that takes roughly 3-5 business days, or potentially more than that if you live in a country other than the US. To read more about that, please take a look at this FAQ about using your bank with PayPal.

For the second concern - the mysterious $6.45 instant transfer - it sounds like there was another purchase which involved full or partial bank funding. Do you have any preapproved, scheduled, or subscription payments that show up recently in your transaction history? If you do, that is very likely the reason for the instant transfer.

There is no fee involved with adding funds from your bank to your PayPal balance.

I hope this helps!

- Olivia

[JeffroHome]

Thanks for the reply.

Once the transaction for $6.45 was no longer "pending" I was able to see it was from Netflix, and my PP balance was $0, so that explains it.

This $6.45 xfer came at the same time as the $100 added to my checking account and looked funny.  I also had an issue with Mastercard shutting off my banks debit card at the same time as well.  I thought the sky was falling.

For these types of transactions, it would be nice to have a * next to the transaction alerting that the payment was split between PP balance and backup funding source.  I had to look for the transaction in my bank, then look for it in PP, then click on it to see the information.

Thanks.