Go Back   WarriorForum - Internet Marketing Forums > The Warrior Forum > Main Internet Marketing Discussion Forum
Register Blogs FAQ Social Groups CalendarHelp Desk

Closed Thread
 
Share
LinkBack Thread Tools
Old 03-12-2012, 09:31 PM   #1
Advanced Warrior
War Room Member
 
Join Date: May 2007
Location: , , USA.
Posts: 775
Thanks: 250
Thanked 387 Times in 273 Posts
Default Paypal ATM Card Holders: New Fees

This isn't as bad as Paypal freezing your account with $10,000 in it, but it's annoying all the same. Today when I withdrew money from my local Chase bank using my Paypal ATM card, there was a message that there would be a $3 fee. This had never happened before, so I inquired at the bank. They knew nothing about it and suggested it must be Paypal's doing.

After a little research, I discovered that Paypal ATM cards are now being handled by a new bank, Bancorp. So it seems that there's no way to avoid a hefty withdrawal fee every time I use my Paypal card. Does anyone know if there are any ATMs that won't charge an extra fee for using this card? Those $3 fees will add up after a while.


The Bancorp Bank Is the New Issuer for the PayPal Debit MasterCard Card | Business Wire

Custom Kindle Books for you to sell and put your name on!
Domains for Sale: including nice-shoes.com, catvideo.org and affiliatecash.org
LarryC is online now  
Old 03-12-2012, 09:55 PM   #2
Domainer
War Room Member
 
Join Date: Jan 2010
Location: Boston, MA
Posts: 77
Thanks: 9
Thanked 7 Times in 7 Posts
Social Networking View Member's Twitter Profile 
Contact Info
Send a message via ICQ to nrmillions
Default Re: Paypal ATM Card Holders: New Fees

There has always been a $3 fee when using a PayPal card at an ATM machine. It doesnt charge the $3 if you use it as a debit card in a store or online though.
nrmillions is offline  
Old 03-12-2012, 09:57 PM   #3
Advanced Warrior
War Room Member
 
Join Date: May 2007
Location: , , USA.
Posts: 775
Thanks: 250
Thanked 387 Times in 273 Posts
Default Re: Paypal ATM Card Holders: New Fees

There was never a fee if you used a Chase ATM. I'm not the only one who has noticed this. There are several messages on Paypal message boards about this. True, you can avoid the fee by using it for product purchases in stores.

Custom Kindle Books for you to sell and put your name on!
Domains for Sale: including nice-shoes.com, catvideo.org and affiliatecash.org
LarryC is online now  
Old 03-12-2012, 10:00 PM   #4
HyperActive Warrior
 
Join Date: Feb 2011
Posts: 308
Thanks: 15
Thanked 17 Times in 16 Posts
Default Re: Paypal ATM Card Holders: New Fees

I think the charge fee is still the same. It's been a long time since i used my paypal. That is why i don't know what's going on.

Professionally designed custom blogging platform
gentryliving is offline  
Old 03-12-2012, 10:47 PM   #5
www.NicheBizIdeas.com
War Room Member
 
MartinBuckley's Avatar
 
Join Date: Feb 2008
Location: Rochester, NY
Posts: 1,183
Thanks: 190
Thanked 723 Times in 197 Posts
Default Re: Paypal ATM Card Holders: New Fees

I only get charged $1 by PayPal to use my card at an ATM, plus whatever the actual ATM fee is which is normally $2, so its still $3, but if I had to start paying $5 to get money off my PayPal card i would stop using an ATM and get my money out at one of my local big grocery stores that dont charge for cash back.

Martin

PIZZA CARD PROFITS - How to give away free pizza and earn $150 a day doing it! http://pizzacardprofits.com

BACKPAGE AD POSTER SOFTWARE only $10 @ http://backpageadpostersoftware.com
MartinBuckley is offline  
Old 03-12-2012, 11:25 PM   #6
Senior Warrior Member
War Room Member
 
Kay King's Avatar
 
Join Date: Sep 2004
Location: Gulf Coast, USA.
Posts: 16,224
Thanks: 8,546
Thanked 8,459 Times in 4,396 Posts
Default Re: Paypal ATM Card Holders: New Fees

I just looked at two recent withdrawals - it allocates $303 but then gives $1 back to me and I end up paying $2.

To me, it's worth the convenience but I can also transfer into my bank account for free. I did a transfer Friday and it was in my account this morning - 2 business days isn't bad at all.

kay


Kay King is offline  
Old 03-12-2012, 11:31 PM   #7
SEO Reseller Program!
War Room Member
 
Escalate Internet's Avatar
 
Join Date: Oct 2011
Posts: 2,139
Thanks: 655
Thanked 471 Times in 378 Posts
Default Re: Paypal ATM Card Holders: New Fees

Contact Paypal and get them to enable Auto Sweep for you - that will send you all your money to your bank every morning between about 3-5 and will bypass their security checks for large withdrawals.

Escalate Internet is offline  
Old 03-13-2012, 10:58 PM   #8
Advanced Warrior
War Room Member
 
Join Date: May 2007
Location: , , USA.
Posts: 775
Thanks: 250
Thanked 387 Times in 273 Posts
Default Re: Paypal ATM Card Holders: New Fees

Quote:
Originally Posted by Chase Watts View Post
Contact Paypal and get them to enable Auto Sweep for you - that will send you all your money to your bank every morning between about 3-5 and will bypass their security checks for large withdrawals.
I never heard of that, will look into it. I always thought that Paypal didn't like people withdrawing all of their money.

Custom Kindle Books for you to sell and put your name on!
Domains for Sale: including nice-shoes.com, catvideo.org and affiliatecash.org
LarryC is online now  
Old 03-13-2012, 11:46 PM   #9
Advanced Warrior
 
Join Date: Dec 2010
Location: Virginia
Posts: 632
Thanks: 85
Thanked 120 Times in 79 Posts
Contact Info
Default Re: Paypal ATM Card Holders: New Fees

Glad I don't have a paypal ATM card, google checkout or others need to keep growing, tired of PP.

http://cheapvpsdeals.net over 80 cheap VPS deals listed, from providers in 14 countries, and 3 continents! Save yourself some money!
cashtree is offline  
Old 03-13-2012, 11:49 PM   #10
Senior Warrior Member
 
DotComBum's Avatar
 
Join Date: Sep 2008
Location: Singapore
Posts: 1,048
Blog Entries: 5
Thanks: 42
Thanked 83 Times in 77 Posts
Social Networking View Member's Myspace Profile  View Member's FaceBook Profile  View Member's Twitter Profile  View Member's YouTube Profile
Default Re: Paypal ATM Card Holders: New Fees

All you can do is try to withdraw a larger amount to defy the $3 fee, hope that helps.

DotComBum is online now  
Old 03-13-2012, 11:51 PM   #11
Advanced Warrior
 
Join Date: Dec 2010
Location: Virginia
Posts: 632
Thanks: 85
Thanked 120 Times in 79 Posts
Contact Info
Default Re: Paypal ATM Card Holders: New Fees

You can try and buy something cheap(like gum) using it as a debit/credit card, then just get cash back. Most joints don't allow a lot though, think cvs is $35, gas stations even less etc...but avoids the $3 fail fee.

http://cheapvpsdeals.net over 80 cheap VPS deals listed, from providers in 14 countries, and 3 continents! Save yourself some money!
cashtree is offline  
Old 03-14-2012, 04:57 PM   #12
Offline Warrior
 
ShawnSells's Avatar
 
Join Date: Aug 2011
Location: Midwest
Posts: 123
Thanks: 45
Thanked 34 Times in 30 Posts
Default Re: Paypal ATM Card Holders: New Fees

Quote:
Originally Posted by MartinBuckley View Post
I only get charged $1 by PayPal to use my card at an ATM, plus whatever the actual ATM fee is which is normally $2, so its still $3, but if I had to start paying $5 to get money off my PayPal card i would stop using an ATM and get my money out at one of my local big grocery stores that dont charge for cash back.

Martin
This has been my exact same experience. The total is $3. But, even if it went up slightly, I'd still use it just due to the convenience.
ShawnSells is offline  
Old 03-14-2012, 08:34 PM   #13
The UnGuru
War Room Member
 
Join Date: Feb 2005
Location: USA - The "Show Me" State
Posts: 2,762
Blog Entries: 1
Thanks: 119
Thanked 296 Times in 197 Posts
Contact Info
Send a message via AIM to LegitIncomes
Default Re: Paypal ATM Card Holders: New Fees

I just go into a grocery store, buy a pack of gum or something else under a $1 that I'd buy anyway, and then get cash back. Of course this only works if I want to take out less than $100.

100% Unique Sales Page Website +100% Unique Internet Marketing Product
+ Support! All of this, just $397! (PM Me For Details!)
LegitIncomes is offline  
Old 03-14-2012, 10:45 PM   #14
Banned
 
Join Date: Jul 2006
Location: North Carolina
Posts: 2,653
Thanks: 47
Thanked 959 Times in 510 Posts
Default Re: Paypal ATM Card Holders: New Fees

Quote:
Originally Posted by cashtree View Post
Glad I don't have a paypal ATM card, google checkout or others need to keep growing, tired of PP.
Pfft. Who can argue with such (non)logic? It's not a Paypal debit card issue. Pretty much every ATM on the planet charges a fee for non-affiliated ATM cards, so are you tired of them too?

Quote:
There has always been a $3 fee when using a PayPal card at an ATM machine.
It depends on which ATM you use. Paypal charges $1.00. Any other fees are charged by the owner of the ATM machine you're withdrawing your money from. If you get your money from a credit union ATM, they usually don't charge a fee, so you only pay the $1.00 that Paypal charges. And you don't have to be a credit union member to use their ATMs in most cases. I'm not.
Black Hat Cat is offline  
Old 03-15-2012, 01:02 AM   #15
Drunken Greek
War Room Member
 
BIG Mike's Avatar
 
Join Date: Dec 2004
Location: Greece
Posts: 10,759
Blog Entries: 1
Thanks: 3,221
Thanked 5,667 Times in 1,734 Posts
Default Re: Paypal ATM Card Holders: New Fees

Here are the official details:

https://cms.paypal.com/us/cgi-bin/?c...DebitCard_full

PayPal charges a $1 fee + whatever the owner of the ATM charges.
BIG Mike is offline  
Closed Thread

  WarriorForum - Internet Marketing Forums > The Warrior Forum > Main Internet Marketing Discussion Forum

Bookmarks

Tags
atm, card, fees, holders, paypal

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -6. The time now is 12:46 AM.