Credit cards and paypal - HotUKDeals
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Credit cards and paypal

teraomi Avatar
6y, 2m agoPosted 6 years, 2 months ago
Do paypal or the banks treat a actual credit card differently ?. Does paypal withdrawing funds get classed as a transactoin on the card or taking money out ?. Would I get stung by high intrest on the card.

All I can seem to find on the paypal site regarding credit cards is that they do not support withdrawing money TO a card.
Other Links From Paypal:
teraomi Avatar
6y, 2m agoPosted 6 years, 2 months ago
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Comments/page:
#1
Think it is treated as a purchase rather than a cash advance.
#2
I use my credit card on my paypal account and it is treated as a purchase so i have my normal amount of time to pay of the balance without interest.
#3
Its treated as a purchase just as if you used the card in a shop. However, if you need to make a charge back or claim for loss etc, some credit card companies will actually treat the transaction as a cash withdrawal.

Edited By: simplyjimbo on Oct 06, 2010 09:02: .
#4
Thanks all. Can now rely on paypal as a payment option when buying from other forums.

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