savings account

jorgegunary
Contributor
Contributor
Why can’t paypal “verify my identity” when trying to open a personal savings account? & what can i do? I tried calling them but they can’t give me a straight answer
Login to Me Too
3 REPLIES 3

PayPal_Bindu
Moderator
Moderator

Hello @jorgegunary,

 

Welcome back to our community forum and thank you for your post!

 

Sorry to hear that you're not able to open PayPal savings account! Your PayPal savings account application could be denied if we’re unable to confirm your personal information. You can reach out to our customer support team through the available contact options on our website to get this checked further.

 

Have a great day!

Bindu
 

If you feel this or any other post helpful, please enrich the community by giving kudos or accepting it as a solution.
Login to Me Too

pauld1796
New Community Member

Customer service IS UNWILLING TO HELP . . . their reply is there is nothing they can do!!!

Login to Me Too

pauld1796
New Community Member

PayPal is commiting FRAUD! They advertise a savings account run by Synchrony Bank . . . they post the requirements BUT, even if you meet the requirements, they say "YOU ARE NOT ELIGIBLE AT THIS TIME" . . . After 2 days and over 4 hours of calls and speaking to NUMEROUS customer reps and supervisors, NO ONE WILL OR CAN ANSWER why this is happening to hundreds of customers. I spoke DIRECTLY with Synchrony Bank and they are more then happy to open a saving account directly. So PayPal is commiting FRAUD by their advertisement. I have been a loyal PayPal member for close to 24 years and I am getting ready to cancel my account with them. I recommend all that are denied file a compliant with FDIC, FTC and BBB as a am now!

Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.