which is better?..personal or premier paypal account?
By daijean11
@daijean11 (211)
Philippines
November 26, 2008 1:25am CST
i have a premier paypal account 'cause i thought in personal paypal account, i can only send money..
how about you, do you have personal or premier paypal account?and which is better?
..'cause when i received my first payment from a get-paid-to site(it's $5) and accepted it, it was reduced to $4.50..
1 person likes this
4 responses
@jackisdeadly (20)
• Australia
26 Nov 08
daijean111
i have a personal paypal account. i dont have to pay for mine, and i am able to send and receive payments, there is just a monthly cap i think. there is no fee to receive money from myLot if you have a personal account, although you have to pay 1.9%-2.9% + $0.30USD to receive money if you use a premier account. overall, i think it is better to use a personal account, unless of course if you are dealing with tens of thousands of dollars, when you will most likely want a premier account.
@snam23 (3157)
• United States
26 Nov 08
I think it is better to have a personal account because it is free and has no fees. There is really no feature for Premier account that is worth the extra fees. The fees may not seem like much if it is only a few dollars but will affect you if you receive a big payment.
I have a personal account because there are no fees, its free, you can receive and money with it, and it has no limits once it is verified. I see no reason to upgrade.
@lady_shan_17 (1001)
• Philippines
26 Nov 08
I'm currrently using the personal account of it has no fees...so why upgrade?
@jackisdeadly (20)
• Australia
26 Nov 08
try downgrading somehow? maybe you should email paypal and ask them to remove your premier account subscription
@nitin_hec (1096)
• India
26 Nov 08
You can create two paypal account. One is personal and one can be premier or business account. For personal account you can only receive money from your friends or can send them too. and you can not receive more than 5 credit card payment in personal. Premier is useful for business like getting paid from mylot. Paypal can limit your personal account if they found some illegal activity.
@cybersoft01 (1284)
• India
26 Nov 08
I have a premier paypal account and I received $10 from AC. There was no deduction. I think premier is better.
