meaning of "eligible" debit card
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When I transfer money from paypal to my bank, it says it can be transferred instantly if I link an eligible debit card. My debit card is linked, but I'm assuming it's not "eligible" since it won't allow me to do the instant transfer. Define "eligible"
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What does that mean? The debit card has been linked to my Paypal account for years, so I would assume that means it's accepted? Or is there some special process to have it accepted for that purpose? I didn't see anyplace on the website to request that? Thanks!
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If the card is eligible or qualified (meaning it's approved by PayPal for that function) , then it will be available in the drop-down selection.
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How do you get it approved? Are only certain banks approved? Or do you have to make a request to have it approved? I didn't see anyplace to make that request?
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I'm sure that they go through some type of review process however, as that's an internal corporate decision - you can try contacting customer service however, I don't believe you'll get any details.
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From my experience: MasterCard was not eligible, but VISA card was accepted.
Solution: Go for VISA Card.
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https://www.paypal.com/us/smarthelp/article/what-credit-cards-can-i-use-with-paypal-faq1119
Visa, MasterCard, Discover, or American Express cards that have a registered billing address to make PayPal payments.
Advice is voluntary.
Kudos / Solution appreciated.
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