Based on my issue and others I read in this forum, this company is sitting on peoples payments to get extra interest money!!! I am very disappointed in this new Mc from paypal. I use the card for both business and personal, which i pay in full every month. The first month I paid the full balance of 3500, (2 days before the due date ) and received notice that my payment was on hold because of the size of the payment. The payment was on hold for about 2 weeks before it posted even though it was taken from my bank the next day. The following month i broke the payments into 3 smaller payments ( all before the due date). 2 of the payments processed, 1 is still saying pending. I called customer service and they said because there were multiple payments made, the put the largest payment on hold. It cleared my bank on 6/30 and is still showing pending on 7/8!!!! Ridiculous! I'm convinced thar These folks are sitting on all this interest while holding payments. If i have a 5000 credit line, of course ill be making a large payment every month. I asked them to flag my account so this wont keep happening but they cant. None of my other cc cards even remotely practice this nonsesnse and fraud. I'll be cancelling this card and going with another more honest merchant.
