Can I Send Money From Paypal Credit To Myself
- redflagguy2u [OP]
- Sr. Fellow member
- Jun 27, 2012
- 913 posts
- 99 upvotes
- Winnipeg, MB
Sending a credit carte payment to yourself through Paypal?
I want to transport a Paypal payment to myself using my credit card. I don't want this to be considered a cash advance by Paypal or my credit carte company. I will be using 2 Paypal accounts, both in my name. Is at that place any reason this wouldn't work? I'm hoping the only fees will be those imposed by Paypal (ii.ix% + $.thirty transaction fee).
- #ii
- bewiseman
- Banned
- Jul xviii, 2016
- 2014 posts
- 784 upvotes
redflagguy2u wrote: ↑ I want to ship a Paypal payment to myself using my credit card. I don't want this to be considered a greenbacks accelerate by Paypal or my credit carte visitor. I volition be using two Paypal accounts, both in my name. Is there any reason this wouldn't piece of work? I'm hoping the only fees will be those imposed by Paypal (2.9% + $.xxx transaction fee).
I wouldn't play games like that in an attempt to circumvent cash advance fees.
- #iii
- redflagguy2u [OP]
- Sr. Member
- Jun 27, 2012
- 913 posts
- 99 upvotes
- Winnipeg, MB
> I wouldn't play games like that in an endeavor to circumvent cash accelerate fees.
What rules am I breaking? I'm sending money to myself. I'grand using a credit card instead of an available Paypal balance or a bank transfer. I have a perfect credit rating so its non equally if my credit card company will be suspicious (I've never carried a residual). The balance will be paid off immediately as I've e'er washed in the past.
- #4
- bewiseman
- Banned
- Jul eighteen, 2016
- 2014 posts
- 784 upvotes
redflagguy2u wrote: ↑ > I wouldn't play games like that in an effort to circumvent cash advance fees.
What rules am I breaking? I'chiliad sending coin to myself. I'm using a credit card instead of an bachelor Paypal balance or a bank transfer. I take a perfect credit rating so its not every bit if my credit carte company will be suspicious (I've never carried a balance). The balance will exist paid off immediately as I've ever done in the by.
If the balance will be paid of immediately, you're probable paying paypal too much if you lot pay them two.nine%. My greenbacks advance rate averages 21%. That's 1.75%/month. There's as well a $2.50 greenbacks advance fee. I approximate it depends on how much you want to cash accelerate.
- #five
- redflagguy2u [OP]
- Sr. Member
- Jun 27, 2012
- 913 posts
- 99 upvotes
- Winnipeg, MB
The two.ix% fees are fine. I'k doing this not to get the greenbacks. Its for other reasons. 
I realize that greenbacks accelerate fees could be much lower if its repaid chop-chop.
I'll probably merely ship money to myself with my credit card to run across how the credit card company and Paypal treat it. Sometimes simply doing information technology is the only way to actually know. If I send a dollar it should cost iii cents plus the transaction fee of 30 cents. I can afford it. Considering I'one thousand a histrion.
- #six
- Fjr2005
- Banned
- Mar 11, 2016
- 2081 posts
- 887 upvotes
paypal volition spiral u over every fourth dimension
- #7
- amkorp
- Bargain Addict
- Sep 29, 2008
- 1325 posts
- 1377 upvotes
- Toronto - Markham/Sc…
redflagguy2u wrote: ↑ The two.nine% fees are fine. I'k doing this not to go the greenbacks. Its for other reasons.
I'll probably just send money to myself with my credit carte to encounter how the credit menu visitor and Paypal care for it. Sometimes just doing it is the only way to actually know. If I ship a dollar it should price 3 cents plus the transaction fee of 30 cents. I can afford it. Considering I'm a player.
You're not really a player, because yous are trying to scam points/rewards from your card. this is why you keep request us if it will be treated as greenbacks advance or if it will wait like a regular purchase.
Anyways, skilful luck, if your credit card visitor finds out the will abolish your account. Just FYI, player 
- #8
- bobo709
- Fellow member
- Jun 21, 2016
- 211 posts
- 54 upvotes
Earlier this year, the company I work for decided to give anybody a $1000 bonus. We thought information technology would come on our pay cheques only it came in the form of 10 $100 visa gift cards. Some of us were disappointed, seeing as we thought it would be cash. Then one of the girls in the office signed upwards for Square. She used all the cards and the cash was in her bank account within a day or two, minus a % for the fees (~2% I think). They all showed up as purchases on the bill of fare to whatever she had named her Foursquare store. I'm not sure if the aforementioned matter would work to "fool" your card for a greenbacks advance.
- #ix
- SuperSauvage
- Sr. Member
-
- Jul nine, 2016
- 671 posts
- 273 upvotes
- Toronto
bobo709 wrote: ↑ Earlier this year, the visitor I piece of work for decided to give everyone a $1000 bonus. We thought it would come on our pay cheques but it came in the class of 10 $100 visa gift cards. Some of us were disappointed, seeing every bit we thought it would exist greenbacks. So i of the girls in the office signed up for Square. She used all the cards and the cash was in her depository financial institution account within a twenty-four hour period or two, minus a % for the fees (~2% I remember). They all showed upwardly every bit purchases on the card to whatever she had named her Foursquare store. I'm not certain if the aforementioned affair would piece of work to "fool" your card for a cash advance.
That's really pretty clever
- #10
- bobo709
- Member
- Jun 21, 2016
- 211 posts
- 54 upvotes
I thought then besides. We didn't get taxed on information technology (yet) so only losing ~2% is pretty good! You lot tin can't pay your mortgage, motorcar payment, etc with Visa gift cards, lol.
- #11
- DaFonz
- Bargain Aficionado
- Sep twenty, 2003
- 2143 posts
- 31 upvotes
You should try it and study back!
- #12
- a_1_a
- Bargain Aficionado
- Apr 12, 2005
- 1425 posts
- 180 upvotes
redflagguy2u wrote: ↑ I want to transport a Paypal payment to myself using my credit card. I don't desire this to be considered a cash advance by Paypal or my credit menu company. I will be using two Paypal accounts, both in my name. Is there any reason this wouldn't work? I'one thousand hoping the only fees will be those imposed by Paypal (ii.ix% + $.30 transaction fee).
I tried that exact transactions to earn CC points and Paypal reversed them after they establish out.
It is legal if you send your credit menu payment to another Paypal acct not in you name. Then only ask your family unit member to open up a Paypal acct for you lot.
- #13
- adamtheman
- Bargain Fanatic
-
- Dec 3, 2004
- 6236 posts
- 6612 upvotes
- Edmonton
DaFonz wrote: ↑ You lot should endeavour it and report dorsum!
I don't know if OP will have cyberspace access from prison.
- #14
- adamtheman
- Deal Fanatic
-
- December 3, 2004
- 6236 posts
- 6612 upvotes
- Edmonton
Jokes aside, CC companies have e'er treated whatever paypal transactions I've done as normal purchases. In fact, I don't know if there'south any way to make a paypal transaction testify up as a cash accelerate. So load those cards up to your hearts content OP.
- #fifteen
- redflagguy2u [OP]
- Sr. Member
- Jun 27, 2012
- 913 posts
- 99 upvotes
- Winnipeg, MB
> paypal will screw u over every time
Take you had a bad experience with them? Or are you lot thinking they will nullify this transaction on principle? Theoretically it should work. I think.
> I tried that verbal transactions to earn CC points and Paypal reversed them after they found out.
That is a VERY expert warning. How long did information technology have for them to reverse information technology? I won't be attempting this for a few weeks probably.
> It is legal if y'all send your credit bill of fare payment to another Paypal acct not in you lot name. And then merely ask your family member to open up a Paypal acct for you.
Aye, that would definitely piece of work. Thank you again.
> I don't know if OP will accept internet admission from prison house.
I definitely don't desire to experience the trauma of Paypal prison walls. Duly noted.
> Jokes aside, CC companies have ever treated any paypal transactions I've done as normal purchases. In fact, I don't know if at that place's whatever fashion to make a paypal transaction show up every bit a cash accelerate. So load those cards upwardly to your hearts content OP.
Yes, in theory, but it may be they take a dim view of this. If its against their rules I don't want to do information technology. I'm not trying to exist a rebel hither. But was wondering if its possible. Paypal has always treated me very well and I don't want to have bad history with them. I called them a while back most this only the operators are very limited in what they tin can say. It seemed to exist OK with them but Paypal may look at the intention and try to squash it. Or they may have bigger fish to fry than my piddly footling transaction.
- #xvi
- ace604
- Deal Guru
-
- Aug 8, 2012
- 10198 posts
- 4015 upvotes
- BC
redflagguy2u wrote: ↑ The two.9% fees are fine. I'm doing this not to get the cash. Its for other reasons.
I'll probably just send money to myself with my credit bill of fare to encounter how the credit carte visitor and Paypal treat it. Sometimes just doing it is the merely manner to actually know. If I send a dollar it should cost three cents plus the transaction fee of 30 cents. I can afford it. Because I'm a player.
Keep in mind that fraud algorithms are probably full of checks like: $1 sent, await a 24-hour interval, $chiliad sent... trigger fraud investigation, business relationship lockdown, etc...
- #17
- ace604
- Bargain Guru
-
- Aug 8, 2012
- 10198 posts
- 4015 upvotes
- BC
SuperSauvage wrote:
bobo709 wrote: ↑ Earlier this twelvemonth, the company I work for decided to give everyone a $1000 bonus. We idea it would come on our pay cheques but it came in the form of 10 $100 visa gift cards. Some of us were disappointed, seeing equally we thought it would be greenbacks. So ane of the girls in the office signed up for Square. She used all the cards and the greenbacks was in her banking concern account within a day or two, minus a % for the fees (~ii% I call back). They all showed upwards as purchases on the card to whatsoever she had named her Square store. I'm not sure if the same thing would piece of work to "fool" your card for a cash advance.
That's actually pretty clever
bobo709 wrote: ↑ I idea so too. We didn't get taxed on it (yet) and then only losing ~2% is pretty good! You can't pay your mortgage, automobile payment, etc with Visa gift cards, lol.
It'south clever to an extent ... simply ... y'all are going to spend $1k over the form of a calendar month anyways, right? on normal stuff. why non just use the cards up as yous get?
if y'all hate the idea of having to track the balance on the cards because you lot get declined when they get over-charged, then simply purchase some souvenir cards.
2 x $100 to a grocery store, $100 for gas, 3 x $100 for Costco ...
Those will become used up in a calendar month and yous have saved yourself $thousand of your own money without spending $20 to get it quicker.
- #xviii
- ace604
- Deal Guru
-
- Aug 8, 2012
- 10198 posts
- 4015 upvotes
- BC
For OP though don't setup foursquare. they are onto fraudsters who pay themselves
- #nineteen
- kocoman
- Deal Aficionado
-
- Feb 23, 2004
- 3145 posts
- 194 upvotes
- Calgary
Will using th nfc/flake version of square prevent fraud flagging?
6b 6f 63 6f 6d 61 6e 20 6f 66 20 63 64 6d 61 second 64 65 76 second 74 65 61 6d
- #xx
- Akitakara
- Deal Addict
-
- Aug xviii, 2008
- 3344 posts
- 1380 upvotes
- Ottawa
Yes, information technology volition be counted as a purchase instead of a cash-advance.
No, you should not exist sending from your business relationship to another account / email address in your proper noun.
Should be a unlike name, and I'd recommend yous spacing things out a chip...
Source: https://forums.redflagdeals.com/sending-credit-card-payment-yourself-through-paypal-2033435/
Posted by: peetehiecand.blogspot.com
0 Response to "Can I Send Money From Paypal Credit To Myself"
Post a Comment