Anyone use PayPal as their main bank account?
Buddha_III
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Posted on
Apr-02-2020
06:03 PM
I loath Wells Fargo and I am interested in the possibility of using PayPal as my main checking account. Looking for feedback from anyone who has any feedback. Thanks
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sharpiemarker
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Apr-02-2020
06:08 PM
PayPal is not a bank and may not have the same protections as a bank so not a good idea to use PayPal like a bank. You can keep some funds in PayPal but don't put your eggs in one basket. If you do not like Wells Fargo, don't look now but PayPal keeps PayPal balance funds in Wells Fargo so get with a different bank and link it to your PayPal account to withdrawal PayPal funds to.
Kudos & Solved are greatly appreciated. 🙂
Buddha_III
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Apr-02-2020
06:12 PM
Thank you. I do have a credit union acct. but I like the National access and ease of sending money to family Wells Fargo offers but they are thieves. I did see that PayPal funds are kept at the devil bank ugh.
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