PayPal

Tag Archives for PayPal.

A faster way to add money to your PayPal account

PayPal register reload

As reported by Doctor of Credit, it appears that PayPal will be replacing reload cards (MyCash cards and MoneyPaks) with a new “load at register” approach.  Before this change it is/was possible to buy PayPal reload cards (either in the form of PayPal My Cash cards or Greendot MoneyPaks) at a store and then reload your PayPal account online using those cards.  Sometimes it has been possible to earn credit card rewards by buying those…

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How to cash in your PayPal My Cash cards when PayPal freezes your account

PayPal My Cash

Image this scenario:  Suppose a blogger you know had been buying PayPal My Cash cards at a certain three letter drug store and paying with a card that offers 5% cash back at drug stores, and through a series of events he ended up with loads of My Cash cards and no way to load them… Account warnings In this imaginary scenario, this blogger may have received a warning from PayPal saying not to deposit…

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PayPal issues warnings

You might be aware that PayPal MyCash cards can be found in many stores and can often be bought with a credit card. Some people have been using these for manufacturing spend: they buy the cards, load the card value to their PayPal account, then withdraw the money to their bank account. Not surprisingly, PayPal isn’t a fan of this behavior.  Last week, PayPal sent the following email to many of their customers who have…

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Vanilla Reloadables

This is an update to a post of the same name published a year ago.  A lot has changed since then so I thought it would be good to create a new post rather than edit the old one. Vanilla Reload cards can be a terrific tool for increasing your credit card rewards: 1) purchase a Vanilla Reload card with a rewards credit card (to earn rewards); then 2) Load the value of the card…

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An experiment in progress

Is the PayPal debit card worth a look?  PayPal confusingly offers three different physical cards: The PayPal Debit card This is just like any standard debit card that comes with a bank checking or savings account.  When you spend money with this card, money is withdrawn directly from your PayPal balance.  The PayPal Debit card is free. The PayPal Prepaid card PayPal also has a prepaid card which differs from a regular debit card primarily…

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Vanilla Reloadables

Vanilla Reload cards are the key to earning 5X everywhere.  They can be purchased at many Office Depot stores with Chase Ink cards which give 5X for office supply purchases.  Once purchased, the value on the card can be loaded onto a reloadable prepaid card.  When you use the reloadable prepaid card for day to day spend, you indirectly earn 5X everywhere. I originally described the 5X everywhere trick in the post “One card to…

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