Can I use a savings account instead of checking for paypal?
January 3, 2009 by admin
Filed under Questions and Answers
starlight_940 asked:
I’m being asked to verify my new paypal account with my checking information. I know I have to have an account in order to get payed from them, but can I use a savings instead of checking? I more or less just want the money to build up and accumulate so I have some savings to fall back on.
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I’m being asked to verify my new paypal account with my checking information. I know I have to have an account in order to get payed from them, but can I use a savings instead of checking? I more or less just want the money to build up and accumulate so I have some savings to fall back on.
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MrKnowItAll on Sat, 3rd Jan 2009 4:13 am
No you are not allowed to since you cant do ACH transactions to/from savings accounts.
Smoovy Loco on Sat, 3rd Jan 2009 2:40 pm
Yes, you can. I confirmed my savings account. Just be sure to make note of the small deposits that are made.
moonbeams on Sat, 3rd Jan 2009 5:50 pm
why would you want to give anyone access to your savings account. please don’t. in this day and age, if someone got hold of that information they could clean you out.
maybe you can just open a free checking that only requires you to keep a small minimum balance to use for things like this.
good luck to you!!!!