Why Does PayPal have it default as Checking Account?

JPZosa
Contributor
Contributor

Hi,

 

I just added two bank accounts where i can transfer my paypal funds to a local bank account, however, i noticed that those bank accounts i added where under checking how do i go about changing them from checking to savings account?

I find no options to change it from checking to savings account anywhere inside paypal. and why does paypal have it on default as checking?

My concern is there might be a problem when transfering my paypal funds to my bank account since under paypal it was listed as checking whereas it should be savings instead.

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1 REPLY 1

hueystormy
Member
Member
Hi! Has anyone still received their money on their Savings account even if PayPal's default setup is Checking?
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