Do you redeem the money from Paypal or use it for shopping directly?
By xorticanz
@xorticanz (377)
India
October 7, 2010 9:53pm CST
Nice question when it comes to having money in our Paypal account. I always feel secure about the money at the month end. Even though i dont redeem it i still feel about it. The last option of the money crunch will be for my Paypal account. I usually do both. I am a life long member in it and I have a bank account added in it. I withdraw cash in need or else i will use it for the online payments in some shopping sites like eBay. Apart from that i have an alert pay account also and I am happy to be part of it too. Share your thoughts on this which makes you happy mostly.
4 people like this
21 responses
@crossbones27 (49448)
• Mojave, California
8 Oct 10
I would not know I have only a $1.80 in my account. still working on getting more, anyone with any ideas let me know. I would greatly appreciate it.
1 person likes this
@ShepherdSpy (8544)
• Omagh, Northern Ireland
8 Oct 10
I like that I can use my paypal balance from various payment sites to buy items on Ebay and one or 2 others..I'd posted a discussion a while back looking for other options for online shopping using Paypal,but I didn't get a great response...I don't like that they'll charge me for withdrawing a balance to my Bank account,while they also get the interest on my balance while it's "resting" in their account..
@tonyllenium (6252)
• Italy
19 Oct 10
normally i withdrown my money when the balance is quite ok and so i will transfer on my bank account or card as well!!In reality seldom i will use funds to do some shopping online so normally i prefer that those money will be available for others and so i will rendeem.
@mandeswar (70)
• India
8 Oct 10
hi xorticanz, my brother is at Bangalore he has utilised all my earnings in paypal received from mylot,trekpay as payouts,it is more than 90 dollars,he also reimbursed that amount to me,now once again i have more than 17 dollars in my paypal account,if you are having writing habit ,i will send a link that pays for writing with royalties,happy mylotting
1 person likes this
@infatuatedbby (94914)
• United States
18 Nov 10
I usually transfer funds to my bank whenever I get money via paypal :)
@youless (112481)
• Guangzhou, China
9 Oct 10
I don't want to spend my Paypal money online because I have to pay for the delivery fee if I buy something via the net abroad. It is not worth because of the delivery fee will be higher since it is international delivery. So I like to transfer my Paypal money to my bank account. I feel safe when the money is in my own bank account:)
I love China
@bjcyrix (6901)
• Philippines
18 Oct 10
I dont really use my Paypal money for shopping anything. I do want to try it at least once but there isnt really an item that I like which I can find online or I couldnt find here in the shops. Im not much of a shopper anyway. So I prefer to just let my Paypal funds accumulate or withdraw the funds whenever I need it.
@kmaram (2533)
• Philippines
8 Oct 10
I am using my paypal for almost a year now. I don't try purchasing something online and pay using my paypal account. I usually withdraw my money to send it on my bank account. But i don't say i will nor use my paypal money to pay shopping online i will its just i dont have enough fund and no items that attract me so far.
@o0jopak0o (6394)
• Philippines
8 Oct 10
well i usually transfer it to my bank account first then withdraw the money then go shopping.
@his0yir (258)
•
8 Oct 10
Although I don't make purchase often on the eBay, I do shopping on other websites and they usually offer paypal as one of choice of payment. It is quite convenient since I just use the money in my paypal account straight away. So I never bother to withdraw money from it.
@kodukodu84 (1569)
• Malaysia
8 Oct 10
I usually withdraw the money from my paypal to account bank when I reach the minimum amount for the transfer. I don't really use the money for online shopping unless there is something important I need that I can only get from online shopping like ebay. Otherwise I don't spend it at all. I've also been a member of Paypal for quite a while now and so far everything is going great. And yes, I've also joined alertpay not long ago but I don't use it as much as I do with Paypal, I'm keeping the account for an emergency.
@moneyspinner (613)
• Mumbai, India
8 Oct 10
unfortunately I haven't earned any money as yet by paypal :(. I just got to know about many earning sites through mylot and am trying hard in that direction to earn a few dollars, I won't mind shopping for things through that paypal money, Want to buy my first DSLR camera, so waiting for that moment. Otherwise I would redeem all the money from paypal. I won't be shopping for a lot of things except a few which are avaliable cheap in other countries.
@multimastery (1195)
• United States
8 Oct 10
I have a paypal debit card, so once it money hits my account I can let it sit or I can use it to shop online or offline instantly. I really like that PayPal card. It really makes the money easier to access, more convenient, faster and more flexible.
@anurag3786 (6267)
• India
8 Oct 10
Yes I never redeem money from my PayPal accounts. Because I have more dollars in my PayPal accounts. Because I want to buy rapid share accounts. So I never redeem money from them. I think it is good to collect money by working by online works and store it in PayPal accounts and when you really need of this then you can this money also.
