Gifting $$ on PayPal
TheAlyssadon
Active DPF Member
- Messages
- 1,385
- Location
- Chandler, AZ
Hi everyone!
Did you know you can gift money to other through PayPal without either of you needing to pay a fee?
I don't know if this has been brought up before but I thought I'd mention it just in case... and save everyone some cash! So when you send through PayPal,it often goes to your default payment method, which in many cases is your debit/credit card. When you are sending funds and you get to the screen that confirms the transaction (the one before you post) you have the option of changing you payment method. You can choose an instant transfer from your bank or PayPal account, or if that's unavailable, an e-check, which usually takes a couple days to clear your account (the seller will see they've been sent a check, but it won't show in their account until it has cleared your). Either way, you pay $0 in fees on both sides!
I hope this helps anyone who may not have noticed this was available to them. Have a great day everyone!
I'm sending money to family or friends
$0,14 USD fee if you use your PayPal balance and/or a bank account.
$1,35 USD fee if you pay using your credit card.
The way I understand is, that if there is money on my paypal account (but right now there's 0 € on it, so I would have to put money on it) I would only need to pay 0,14 $ fees on the total amount I want to send.
And if I do the transfer using my credit card, I have to pay 1,35 $ fees on the total amount.
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