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    Is it worth upgrading to a premium account? It's not giving me much info but do I get charged per month for having it or something? If you go over the £250 limit a month do you have to go premium?

    5 Comments

    SK07

    Is it worth upgrading to a premium account? It's not giving me much info … Is it worth upgrading to a premium account? It's not giving me much info but do I get charged per month for having it or something? If you go over the £250 limit a month do you have to go premium?



    Yeah i think personal accounts have limits on the amount you can send. Also you cant accept credit/debit card payments with a personal account, only payments from bank accounts as far as i am aware. Personal accounts have a receiving limit of 250 (bank account payments only) and sending limits are different for different individuals as far as i know, you check your limits in your account. If you go over i think paypal ask you to upgrade.

    if you are using your account to send/pay for items like ebay then there is little difference between a personal and premium account as sending money is still free, there is only a fee for accepting them. There is no monthly fee so it is worth upgrading just to get limits lifted.

    Hope this helps

    Original Poster

    nipperkipper

    Yeah i think personal accounts have limits on the amount you can send. … Yeah i think personal accounts have limits on the amount you can send. Alos you cant accept credit/debit card payments with a personal account, only payments from bank accounts.if you are using your account to send/pay for items like ebay then there is little difference between a personal and premium account as sending money is still free, there is only a fee for accepting them. There is no monthly fee.Hope this helps



    Yeah, cheers. But read that it also costs 20p onto of the default charge when receiving money?

    yeah receiving money costs 3.4% +20p for a premium. Its less for a business account i think

    ]Paypal help topics

    Briefly, Paypal fees are 3.4% and 20p on UK Pound Sterling transactions. No charge for Paying in UK £'s. If you are a seller it is best to upgrade. Upgrading also removes the Sending/Receiving limits that you have now.

    Original Poster

    Alright cheers.
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