IS MYLOT TAKES $5 ON EVERY PAYMENT OR WITHDRAWAL IS IT TRUE?
By sandhyaomkar
@sandhyaomkar (1455)
India
11 responses
@amberbambers23 (2615)
• United States
25 Nov 06
Mylot transfered my earnings to paypal and from paypal i transfered them into my bank, i had no fees
@KrauseHome (36448)
• United States
16 Nov 06
Paypal only charges a Fee if you have a Business account like I have. They limit you to the amount of $$ coming into your account if you have just a reg. act. I have sold on Ebay, and made $$ other ways online, so I need the Business act.
@Cortney (3980)
• United States
21 Nov 06
Mylot transferred the full amt that was due to me, into my paypal account. I then transfered the same amount into my bank account. I have not been charged anything, so I don't think that is true.
It may depend on the type of account that you have with paypal, but mylot is not charging $5.
@ButtrflyDreams (1139)
• United States
21 Nov 06
I've heard that too...but it could just be PayPal taking out the amount they charge for certain accounts.
@Angelnero (75)
• United States
13 Nov 06
I think you guys are mistaking PayPal's fees for myLot fees. As far as I know, myLot does not withhold any of your earned money, but the simple act of myLot sending your earnings to your paypal account causes paypal to withhold a small percentage of the money sent, as a "transfer fee". It's not alot... literally a couple of cents on the dollar. Nothing to worry over.
@rracers89 (3246)
• United States
13 Nov 06
I have never heard that but its only my second day here. Ill be intrested to hear from more experianced users