I've finally verified my paypal account..

Philippines
February 23, 2012 11:31pm CST
For the last 9 months I was looking for a bank to link my paypal. Thank GOD i have a friend who's working in RCBC bank and she introduced to me RCBC MY WALLET VISA CARD and all i have to pay is just 110 to open an account. I am so happy today..I've finaaly linked it to my wallet card.. But i don't know how to continue on my transcation for it says withdraw with two choices.. --Withdraw funds to your bank account Banks in the Philippines 2-4 business days Free for P7,000.00 PHP or more P50.00 PHP for P6,999.99 PHP or less Banks in the U.S. 3-4 business days Free for banks in the U.S. --Withdraw funds to your card 5-7 Business Days P250.00 PHP which of this two?oh please help me.. have you linked you paypaly account to your debit/credit card?
12 responses
@beamer88 (4259)
• Philippines
24 Feb 12
Well, I guess it's the option to withdraw funds to your card. I'm not sure but I think your RCBC My Wallet Visa card falls under that category. I linked mine to my bank account though since when I opened an account with Paypal, there weren't that much debit cards in the market :) But if you want to be certain, I suggest you ask your friend from RCBC if your debit card is classified also as a bank account or not.
1 person likes this
• Philippines
24 Feb 12
I already sent my money to my wallet card via funds to my card, you're right! im now waiting for the confirmation, cant wait..
@swirlz (3136)
• Philippines
29 Feb 12
So RCBC my wallet isn't considered a bank account then? 250php charge every time you withdraw funds? Yup, you might have saved when you opened the account, but you'll be spending more in the long run.
1 person likes this
@kaichoukebz (1190)
• Philippines
25 Feb 12
I had a problem verifying my Paypal account in the past but now, I am happy that I am already a verified user just like you. Paypal is indeed the number one online payment processor ever. Paypal is safe and secure to use. I use the withdraw to bank option in order to withdraw my funds in Paypal. I choose EON Union Bank to verify my Paypal account. Yes, opening an account at EON cost high compared with RCBC. Though, withdrawal of funds from Paypal to EON Union Bank costs only 50 pesos. I had notified in the past that Bank of the Philippines charges 250 pesos per withdrawal in Paypal. I am not sure if what it costs in RCBC. You better contact them or research about it in the web. I like EON Union Bank above all. It is duly recommended by Paypal.
1 person likes this
@swirlz (3136)
• Philippines
29 Feb 12
@toolpusher: Unionbank eon is a savings account & debit card with no maintaining balance and just 350php annual fee.
• Philippines
28 Feb 12
hi kai, Paypay account deducted 250 on my account, RCBC does not cost anything to while withdrawing it to paypal..it was paypal's surcharges :) Did you mean when you first withdraw to your paypal via eon debitcard it's just 50php? if that's the case then Im planning to transfer to eon debit card.. i was ask to choose --Withdraw funds to your bank account Banks in the Philippines 2-4 business days Free for P7,000.00 PHP or more P50.00 PHP for P6,999.99 PHP or less Banks in the U.S. 3-4 business days Free for banks in the U.S. [b][/b]--Withdraw funds to your card 5-7 Business Days P250.00 PHP so i did choose withdraw funds to my card :( and its 250..how about you what was your choice?
@swirlz (3136)
• Philippines
29 Feb 12
If you only asked, many of the Filipino mylotters would recommend you Unionbank's Eon. Your friend is biased. I doubt she even has a paypal account.
1 person likes this
• Philippines
10 Mar 12
Filipino mylotters told me about this eon union and i already inquire on this matter.But my friend told me about this my wallet card rcbc so i then enrolled..
@syoti20 (5292)
• Philippines
25 Mar 12
I choose the 2nd option. Since the charge is only 50php
1 person likes this
• Philippines
28 Mar 12
second time around ill choose the 50..i just though the 50 isn't applicable to my account... :( but ill try if it works..
@vanz_6 (100)
• Philippines
25 Feb 12
hi guys. i'm new here at mylot. i have also already created a paypal account but still unverified. i don't have a credit card and not planning to have one. some said that another option is to get an eon card from union bank. now i know that rcbc is also another option. thanks for the info. hope i could verify mine soon. nurseclare, hope you get your confirmation soon. goodluck and update us please. :-)
1 person likes this
• Philippines
28 Feb 12
hi vanz! transaction completed! It was completed already it was posted that it will be 5-7 days working transaction but it took 2 days i think yehey!!! so happy.. I'll check my RCBC MY WALLET DEBIT CARD tomorrow.. RCBC my wallet card cost only 110php :)
• Philippines
9 Mar 12
wow! congrats for that! i'm curious about this stuff, let me try this one.. can you ask your friend to help me whenever its time for me to get my paypal? i guess this is an easy money and a big help for unemployed like me..
1 person likes this
• Philippines
11 Mar 12
okay katcha, ill help you on that..more mylot exploration, go for it..
@thanks1961 (7035)
• India
24 Feb 12
For me it was not an issue. As insisted, I completed the formalities via net banking and once it got linked with my bank account and paypal account the process completed. Then paypal added few cents to my account on a trial basis after which I transferred the paypal amount to my account, the procedure completed. Also, as my bank account is honouring a '0' balance withdrwal facility, I can withdraw the money at at time through the ATMs. However, once the paypal amount is transferred to my account, it will take minimum 48 hrs. to reflect in my local bank account. I think you got resolved the issue. Regards
1 person likes this
• Philippines
24 Feb 12
Hi thanks, really thanks for the respond. I've finally transfer my money to my my wallet card.. I appreciate this one! Till next discussion of mine.
@blebchel (249)
• Philippines
28 Jun 12
hi clare! Can i ask you the requirements in applying for RCBC debit card? If i would encounter any trouble in applying for eon, Rcbc would be my second option. Thanks.
@syoti20 (5292)
• Philippines
9 Jan 13
I always select the s50.00 charge option. Because I am not into rush to get my money from paypal. I can wait for 3-4 days rather than to be charge for 250 to much money to be wasted to withdraw such earnings. I believe patience is a virtue.
• Philippines
25 Feb 12
Thats great you did..I have union card ,use for pay pal.And 7000 thousands amount to wthdraw for you to bank only charge 50 person.. Me if i withdraw 3 thousand will charge 50 pesos.
@swirlz (3136)
• Philippines
29 Feb 12
As far as I know Eon is a debit card. I haven't heard of an Eon credit card. Eon is primarily used for online transactions, that's why it's affiliated with Paypal. It's also a savings account. When your balance reaches 10,000php you'll start earning interest from it. Eon card can also be used for POS transactions, as an atm, as a visa card. I would really recommend it.
1 person likes this
• Philippines
28 Feb 12
oh befrind, my friend told me that eon is a DEBIT CARD not a credit card or EON got two (eon debit card and eon credit card--is that so?)thanks
• Philippines
28 Feb 12
Yes eon,bank or union bank account.Its an atm card credit card account.That's i use to verified my pay pal account..
• India
24 Feb 12
There really need credit/ debit card? Because i only add my bank account. Will i face any problem for withdrow money from paypal to my bank account?
1 person likes this
• Philippines
24 Feb 12
hi soura, it's okay to use bank account as long as it is allowed in your bank to link with paypal, have you asked your bank about this?
• India
24 Feb 12
Its great! I am also use paypal and new user. So i think i need your help soon.
• Philippines
24 Feb 12
it's okay, no problem with me.. welcome here in mylot and enjoy yourself..