Refund

LA67
Contributor
Contributor

I received a refund that went into my paypal credit account. Why can’t I transfer to my bank account?

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1 ACCEPTED SOLUTION

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Snow-Cat
Advisor
Advisor

You can use PayPal Credit for purchases and sending money, unfortunately you cannot transfer any funds from PayPal Credit to your bank account.

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4 REPLIES 4

Snow-Cat
Advisor
Advisor

How your money is refunded depends on how you made the original payment.

* If you paid with a credit card, the money is refunded to your card.
* If the card you paid with is closed or invalid, the money will still be refunded to your credit card account.
* If you paid with your bank or PayPal account balance, the money is refunded to your PayPal account. After you have received the refund, you can withdraw money from your PayPal balance to your bank account.
* If you paid using a credit card and your PayPal account balance, the amount paid by credit card is refunded to your card. The remaining amount is refunded to your PayPal account.
* If you paid using PayPal Credit, the amount is refunded to your PayPal Credit account.
* If you paid with a debit card, the amount is refunded to your debit card.   If the refund cannot be applied to your debit card, it will be applied to your PayPal balance.

Refunds to credit or debit cards can take up to 30 days depending on the card company involved.

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LA67
Contributor
Contributor

So in order to use it I must purchase something and use paypal credit to pay for it, I just can't transfer that amount to my bank account?

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Solved

Snow-Cat
Advisor
Advisor

You can use PayPal Credit for purchases and sending money, unfortunately you cannot transfer any funds from PayPal Credit to your bank account.

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LA67
Contributor
Contributor

Thank you so much for your help!

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