02-07-2010 11:51 PM
If you are like me and didn't get approved for the paypal mastercard, well you already got it and don't even know it, all you have to do is order a paypal debit card, link it to the account, go to the settings, set it so if you don't have a balance it goes to the buyer credit, so anytime you use the mastercard it uses the buyer credit and boom, now you can use it anywhere not only where they say.. I bet no one knew about this! I figured it out, haha pretty nice!
plus you even get 2% cashback on EVERYTHING..
If I helped you let me know, I'm curious who didn't know about this.. It's a pretty easy card to get too..
02-08-2010 08:46 AM
We have had the paypal debit card with buyer credit as default for quite some time.
But truthfully, about the only time I use the buyer credit is if I buy something on ebay....pay to checkout, then PIF monthly.
02-08-2010 10:49 AM
02-08-2010 12:11 PM - edited 02-08-2010 12:12 PM
]Yes it reports to all three of them, It is a error it is not suppose to be like this, because the paypal buyer credit is only supposed to be used on ebay and certain merchant sites.
great, now that you let the whole world know, they will probably change it. And I know of other people that have figured it out
02-08-2010 12:24 PM
Just a reminder to all to please be Friendly, Supportive & Respectful.... when posting in these forums.
02-08-2010 01:40 PM
guess I do not get where you make these settings? Where in paypal do you make these changes?
It ends up being a line of credit then? your paypal balance will just go negative? How does it work exactly?
02-08-2010 02:42 PM
Using the paypal buyer credit as a "backup funding source" to your paypal debit card is NOT a mistake nor error.
You click on PROFILE. Then click on PAYPAL DEBIT CARD. Then click CHANGE where it shows your backup payment method. It will have "LINE OF CREDIT FOR YOUR PAYPAL BUYER CREDIT" as an option, if you have paypal buyer credit. Select it and then SUBMIT.
No, your paypal balance will not go negative. PayPal will use existing balance funds first, then it will pull funds from your backup source. Backup sources can be a bank account, credit/debit card or your paypal buyer credit.
Therefore, if you have a $1000 paypal buyer credit account, you can turn your PayPal debit card into effectively a credit card by having a zero paypal account balance, then use your paypal debit card which will pull funds from your paypal buyer credit account as a "backup payment source" because your paypal balance is zero. The debit card provides a reward of 1.5% I believe and there is no cash fee or advanced fee on it.
02-08-2010 02:51 PM
ahh ok, I had this set already.. never used it though when I did not have the funds in my paypal account. It shows 1000 dollar buyer credit thinger on my account. Looks like it will just suck it outta my checking account if I go negative.
02-08-2010 03:13 PM
If you set your paypal buyer credit as your default funding source and as your backup payment method, then it will not pull from checking unless you manually select the checking at time of payment (online).
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