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  1. #1
    Red Devil's Avatar
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    PayPal User Pro's

    In PayPal there is a monthly withdrawal limit of $500. There is an option that states this limit can be raised for a fee of $1.95 that will be charged to the enrolled credit card. Is this $1.95 fee monthly or a one time deal and then there is never a fee involved with no monthly withdrawal limit?


  2. #2
    Moderator RX951's Avatar
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    1.
    Withdrawing Funds

    What is the Withdrawal Limit for new U.S. Personal accounts?

    New Personal account holders are limited to withdrawing $500.00 USD per month from their PayPal account. The start of a month is determined by when the PayPal account was opened (for example, May 15 to June 15).

    The Withdrawal Limit can be removed by authenticating your identity.

    Here's How:
    1. Log in to your PayPal account.
    2. Click the View Limits link next to your balance information.
    3. Click the Lift This Limit link.
    4. Complete the steps on the To Do list to lift your Withdrawal Limit.


    2.
    Withdrawing Funds

    How can I remove my Withdrawal Limit?

    To remove the Withdrawal Limit, simply verify your identity.

    Here's How:
    1. Click the My Accounts tab.
    2. Click the View Limits link next to the Balance Information box.
    3. Click the lift this limit link.
    4. Complete the steps on the To Do list to lift the Withdrawal Limit.

  3. #3
    EZ Dock of Long Island Shibby1485's Avatar
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    yea man... just verify yourself and get a full blown account.. it's still free.... and you can withdraw all the money you want.

    i've gotta do this myself still... i have two acconts a "business/premier" account and a personal account. I have 2 grand sitting in the personal account that i can't even withdraw bc of the 500 limit and also because my checking account is alreayd linked to a different paypal account. they wont let me link my checking account to multiple paypal accounts....

    can always just request a check from them for what... like $1.50 fee and they'll send you a check?

  4. #4
    Red Devil's Avatar
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    Thanks Guys, but when I try to do the one where I enter my SSN, it says this "We are sorry, we are experiencing temporary difficulties. Please try again later. If this error occurred while making a payment, avoid duplicate payments by checking your Account Overview before resending a payment." This error has come up for weeks. It is like they want you to do that $1.95 deal but I am not sure if they will take that monthly. What can I say, that $1.95 a month will buy me 2 snickers bars from the vending machine at work so why should I give it to them.... Now if it is one time deal, I like it..... Only thing I am trying to do is keep it in my regular savings account, not PayPal's...

  5. #5
    Red Devil's Avatar
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    Hmmmm, got it resolved. It took a phone call to them and apparently they had to reset something with my account to allow this. Once they did this, I was able to enter my SSN and it took....

  6. #6
    Moderator RX951's Avatar
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    Quote Originally Posted by Red Devil View Post
    Hmmmm, got it resolved. It took a phone call to them and apparently they had to reset something with my account to allow this. Once they did this, I was able to enter my SSN and it took....

  7. #7
    Water4fire's Avatar
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    Just for info guys I keep two Paypal accts:

    One for my buds like ya'll that is my personal acct and does not take 3percent of every transaction, but I also can't take CC's with this acct.

    Then a Second acct: My premier acct for bussiness transactions or for people wanting to use CC's. On this acct: I am charged 3% every transaction.

    Tip of the day.

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