Has anyone here been using the money market feature? Can they procide some feedback as to what to expect from Paypal?
I was told in plain english that the yield was closer to 4%.. thats 4.00% or 4/100ths. But when I log in it shows an APY of .08%, thats "Point Zero Eight Percent", or 8/10000. No where near what was told to me prior to signing up.
So if you leave $1000 in your account for a full year, you would earn $0.80 on your investment. Seriously?
Is that all that people have been getting from the firm that manages the money?
Right now I get 16.00% in other investments, (~$160.00), but they are less liquid.
Can someone please shed a little insight on the subject.
Thanks,
Dan -
