Author Topic: Paypal to reach credit card threshhold!  (Read 3054 times)

Offline matzif4u

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Paypal to reach credit card threshhold!
« on: July 19, 2011, 04:18:32 PM »
I was wondering if I can transfer from my Paypal account to another to reach the 3k threshhold for my Chase Saphire. I search forums for Paypal but didnt find anything. K Asher! Anybody do this?
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Offline elikay

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Re: Paypal to reach credit card threshhold!
« Reply #1 on: July 19, 2011, 04:34:34 PM »
As a cash advance Paypal will not allow Credit card, as a purchase tread carefully or you'll earn yourself a ban.

Offline AsherO

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Re: Paypal to reach credit card threshhold!
« Reply #2 on: July 19, 2011, 04:37:06 PM »
I was wondering if I can transfer from my Paypal account to another to reach the 3k threshhold for my Chase Saphire. I search forums for Paypal but didnt find anything. K Asher! Anybody do this?

Use the search box in the main forums page (or the [urlhttp://www.dansdeals.com/forums/index.php?board=7.0]CC forum page[/url]) and see for yourself.

The search results differ based on the page you're on when using the search box.
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Offline matzif4u

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Re: Paypal to reach credit card threshhold!
« Reply #3 on: July 19, 2011, 05:03:04 PM »
Will paypal ban me even if I don't refund? I cant use credit card to trasfer to someone even though they charge 2.9%?
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Offline AsherO

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Re: Paypal to reach credit card threshhold!
« Reply #4 on: July 20, 2011, 08:52:25 AM »
Will paypal ban me even if I don't refund? I cant use credit card to trasfer to someone even though they charge 2.9%?

If you get caught they'll ban you. If it's one time to someone with different name/address you're probably safe.
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Offline elikay

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Re: Paypal to reach credit card threshhold!
« Reply #5 on: July 20, 2011, 12:04:58 PM »
Diff ip is very important with Paypal.

Offline compddd

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Re: Paypal to reach credit card threshhold!
« Reply #6 on: July 20, 2011, 12:09:24 PM »
I transfer to different people and take the 2.9% hit. Then they just goto the bank and give me the money back in the form of cash. I only use it as a last resort to meet spending reqs.

Offline wired41

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Re: Paypal to reach credit card threshhold!
« Reply #7 on: July 20, 2011, 12:55:29 PM »
Trying using Square. They only charge 2.75%, and you can use their service whenever you want.

Offline AsherO

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Re: Paypal to reach credit card threshhold!
« Reply #8 on: July 20, 2011, 12:56:31 PM »
Trying using Square. They only charge 2.75%, and you can use their service whenever you want.

But you do have to swipe. Can you officially pay yourself with Square (according to their T&C)?
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Offline Avid Reader

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Re: Paypal to reach credit card threshhold!
« Reply #9 on: July 20, 2011, 01:51:18 PM »
Diff ip is very important with Paypal.

How about Amazon payments and Amex Serve? Is IP difference important there too?

Offline Thingywingy

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Re: Paypal to reach credit card threshhold!
« Reply #10 on: February 22, 2012, 03:08:29 AM »
If you get caught they'll ban you. If it's one time to someone with different name/address you're probably safe.
Why would they ban you if they get their 2.5%?
I am sometimes accused of overthinking things. I am still mulling over whether that accusation has merit.

Offline HelpMe

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Re: Paypal to reach credit card threshhold!
« Reply #11 on: February 22, 2012, 03:27:13 AM »
Why would they ban you if they get their 2.5%?
It violates the T&C’s that you agree to. With PP you will most likely get a warning first before they ban you.
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Offline AsherO

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Re: Paypal to reach credit card threshhold!
« Reply #12 on: February 22, 2012, 09:18:05 AM »
It violates the T&C’s that you agree to. With PP you will most likely get a warning first before they ban you.

+1

@Thingywingy, feel free to try it, but consider yourself warned.
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Offline Yellow

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Re: Paypal to reach credit card threshhold!
« Reply #13 on: February 22, 2012, 09:48:12 AM »
Trying using Square. They only charge 2.75%, and you can use their service whenever you want.
But with these cc processors will they report it to the IRS thereby making you pay taxes?

Offline HelpMe

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Re: Paypal to reach credit card threshhold!
« Reply #14 on: February 22, 2012, 09:50:39 AM »
But with these cc processors will they report it to the IRS thereby making you pay taxes?
No 1099 from SQ so far unless you go over 200/20k.
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Offline Yellow

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Re: Paypal to reach credit card threshhold!
« Reply #15 on: February 22, 2012, 09:52:21 AM »
No 1099 from SQ so far unless you go over 200/20k.
Thanks! Thats good to know in case i run into spending issues during my march/April AOR

Offline AsherO

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Re: Paypal to reach credit card threshhold!
« Reply #16 on: February 22, 2012, 09:55:59 AM »
Thanks! Thats good to know in case i run into spending issues during my march/April AOR

Copycat :P

Glad to hear I'm not the only one. Perhaps we can pool resources and/or compare notes.
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Offline HelpMe

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Re: Paypal to reach credit card threshhold!
« Reply #17 on: February 22, 2012, 10:18:27 AM »
Please stop using the term "AOR" my blood is starting to boil.  :)
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Offline myb821

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Re: Paypal to reach credit card threshhold!
« Reply #18 on: February 22, 2012, 10:22:40 AM »
im waiting for those cap1 offers :)