I have run $9372 thru Paypal's a/c. I originally had my Bank a/c linked but I didn't like the way Paypal handled my transactions so I removed the Bank a/c and left the Credit Card. Now they say I am nearing my lifetime limit of $10,000 and have to verify my a/c. If they have had my bank info in the past why should I have to verify again. My simple solution is now to avoid Ebay and paypal in the future. When I reach the $10,000 and they won't accept any more transactions I will just close both of those a/c's since Paypal is owned by Ebay lets hit Ebay where it hurts. @300zxuser wrote: My answer to your second paragraph will also answer your first paragraph. I am sorry you felt the implication was there that I had or may have had a Chase bank account. NO, I never did. Too easy for them to grab funds from my personal account. So that leaves the BANK credit card as a back up, not an option. Pay pal has no need to know how much credit I have available. I am aware of your policies and prodcedures, however every time you debit my credit card they charge you any where up to 3% and I am positive that is why you want my to "COMFIRM" my account. I have heard so many horror stories that pay pal has withdrawn money without ones' knowledge only to cause an over draft, which also creates and overdraft charge of $30.00. While I keep a sufficient amount of money in my account to NEVER have had an overdraft, just the thought of someone (pay pal) going into my account without my knowledge gives me shivers. (that is without and card backup) Hey, I have an idea! Why not as an option associate pay pal with the credit bureaus and for a paltry $1.50 they can get 3 credit reports? My score is upwards of 800 and that my friend is enough to convince anyone of my credit worthiness. But alas, all pay pay wants to do is get away from being charged up to 3%. No brainer. Your policies and procedures is enough to DRIVE me away and isn't that the purpose in the first place? To get me to spend money? Without me and millions like me, I can't concieve of you even having a business. No more selling for me. I will let other chumps pay all the fees. I just went through a selling spree on ebay and while my items sold well, the amount of money you and ebay took, left me with half the income I generated. Not good. I suggest you reasses your policies and procedures as many more people feel the way I do. Many more do NOT know you are charged when you withdraw from a credit card. Good luck!!! And so long......................
... View more
