Do i need a Paypal Premier Account or Personal Account for Mylot???

you should see the charging fee of each account type in paypal. when you log into your account in paypal, you would able to gain those information. in my opinion, it doesn't matter what account type that you take. something basic that made difference between personal account with business or premier account is about fee charge. when you have personal account, each payment that you receive would not get any charge fee but there is some limit transaction. while business and premier account would charge you some fee amount whenever you receive any payment but there is no limitation in transaction

I have a personal account and there is no charge to transfer funds from PayPal to my bank account. I think the maximum you can transfer from Paypal each year is $500.00. You should be fine. The premier account, from what I can understand, is used more for folks who have an online business and do lots of buying and selling. I stand to be corrected here if I am wrong. It's been awhile since I read their guidelines. As far as shopping, I have no idea how that works. I have never bought anything online through PayPal.

You don't need to have a Premier Account for withdrawing funds from Mylot. A personal account can be a good choice because Paypal won't charge any fee for receiving money if you have a Personal Account,but they charge some fee if you have Premier or Business Account. IF you are from U.S then you can directly transfer the funds to your Bank Account for free. If you are from some other country then you need to request a check.The best way is to read the FAQ's on Paypal's website. I hope this would help. Good Day!

You just need a personal account to be able to get your money from mylot. The only difference betweena free personal account and a business/Premium account is the amount limit. For a free account, you can withdraw upto 500usd a year, where as it's unlimited in case of business account. Also there is no fees deducted by Paypal for free accounts but there is charges for a business accounts (that too a minor amount). If you still need more information, then do visit the paypal site at paypal.com Have a nice day.

Hello there friend..let me help you the best that I can and know. I used to have an account with mylot and been paid before. This is my new id as I had accidentally deleted my old account. So, due to my experience, I had been paid and that was using my free paypal account and there is no need for you to use or upgrade to a Premier Account for paypal. As for the online shopping for paypal charges, I'm non too sure. You will have to find out about it too, I'm also curious as to the answer. Perhaps you can wait for other users to answer your query on that. Hope that my answer has helped you a bit.

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you need a premier account to receive money, I don't know about shopping I have never done it online

i think you need premium account. it is free to make. you just need your email id ans password you give it. I do not know whether you are cahrged when you buy something. but transferring money has some charges.

You can just get a personal account for Mylot. It is the free one. The only time you need a different kind is if you do business online or something like that. Make sure to use a free paypal account for Mylot because if you use any other kind, Paypal will take fees out of your money.

you can use either a personal or a premiere (as far as I am aware, unless the rules are different for other countries) the problem with using a premiere account is that you will be charged for receiving the funds. Online shopping should be free - perhaps again that depends on what country the item is being purchased from.... check paypal out for its guidelines on fees.

Personally i hate Paypal i am a fan of moneybrookers. Exorbitant rates Paypal.Paypal will charge you for online shopping. It is simple you need not sign up for new account just upgrade the current account then you are done altogether.