Pay Pal Savings Account
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I can't find anywhere on the website where it mentions establishing a savings account. How is this done online at Pay Pal's web site?
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PayPal Credit
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Hi there,
Thanks for reaching out to us on the PayPal Community.
With PayPal Savings, you can open a deposit account to earn interest and watch your money grow. There’s no minimum balance or monthly fees.
Manage your PayPal Savings account directly on PayPal's website or the PayPal app, with 24/7 access to savings tips, tracking goals, and money transfers. You can add money to PayPal Savings from your PayPal balance or a linked bank account, via your PayPal balance.
PayPal Savings is provided by Synchrony Bank, Member FDIC. Money in PayPal Savings is held at Synchrony Bank. PayPal Savings is only available for personal accounts at this time.
You can find more information regarding PayPal Savings here - https://www.paypal.com/us/smarthelp/article/faq4614.
I hope this helps!
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