How can I set a spending limit on my Bank Account with PayPal?

moiraadavis
New Community Member

My PayPal Account was hacked last week. 

They withdrew $120.00 and then $1,200.00 on Jan 31/12 from my Account.  These Amounts were taken from my Bank Account Feb 2/12.

I NEVER use my Bank Account for any PayPal Transactions, I always use my credit card.

Is there some way in which I can limit the amount getting taken out of my Bank Account?

I'd like to make it $0.01.

It took me a week to get my money back, and frankly, I don't trust PayPal's security anymore. 

I don't want another incident like this.

So if there's a way to set a limit on it, I'd like to know.

Information sent to me from PayPal about a sending limit, is to only allow a maximum of $2,000.00 from my account.

I want to know how to set a minimum.

If my Account gets hacked again, the best they'll get is a penny outta me!

Thanks!

 

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