topic Re: Paypal Store Card - is it worth it..... in Rebuilding Your Credit

Paypal Store Card - is it worth it.....

jmco — Mon, 12 Nov 2012 17:53:32 GMT

So I was approved for $300 paypal card which I thought was the mastercard but apparently it's there "store" card....is it worth having just for the credit line?

I asked the rep if it could be upgrade to a MC at a later date and he said there were no upgrades - instead I would have to apply for the MC over again...

I am wondering if I should take the $300 and just let it sit (I don't ever plan from buying from paypal) I just wanted to be able to use it for KMART and other

stores that take the MC... I didn't even know they had this option...

Thoughts????

Re: Paypal Store Card - is it worth it.....

boonelb — Mon, 12 Nov 2012 18:02:46 GMT

you can request their mastercard debit and use the store line anywhere if you setup the backup funding as smart connect to your debit card it also.

Re: Paypal Store Card - is it worth it.....

jmco — Mon, 12 Nov 2012 18:27:14 GMT

boonelb,

thanks for the information...that makes sense and I just called them back and accepted the card - might as well do it since it cost me a HP!!!

:-)

Re: Paypal Store Card - is it worth it.....

scarrollprint — Mon, 12 Nov 2012 18:32:14 GMT

Keep the card I would use it every now and then if you can. I'm guessing its tied well with Ebay and other sites that have a strong connection to PayPal (etsy is another)

If it was me (i too don't use paypal more than maybe once every 2 years) I would go on ebay or etsy or some other site as the such and try to find the cheapest thing I can that isn't a total waste of money - like a buck with free shipping every 3 months just to keep the card active. Then after a year see if they'll upgrade you (doubtful but who knows if policy will change) if not then cancel it. You will have had it for a year and it will have been positive and only cost youf 4 bucks or so to keep active.