topic Re: Paypal Mastercard, How can i make bigger payments? in Credit Cards

Paypal Mastercard, How can i make bigger payments?

janov — Sat, 26 Oct 2019 20:47:35 GMT

Hello i have a question about the paypal mastercard. I have the card since june and when i try to make a payment bigger than the statement it doesn't allow me to do it. I'll try to explain better, my card has a really low limit (300$) and sometimes i wanted to use it for bigger purchase (5-600$) i always pay a balance immediatly as it appears making like 2-3 payments per week but i can't pay like a 1000$ so i'll be able to make a larger purchase (And sometimes i got stucked waiting for the balance to appear and can't use the card since it's maxed out). Is it something not allowed? i do it frequently with BoA but it's impossibile with Paypal. The only reason i try to do it is because i use a lot paypal and the 2% back it's not bad

I wanted to try to send the payment from my bank account but i'm afraid they refuse the payment

Re: Paypal Mastercard, How can i make bigger payments?

DaveInAZ — Sat, 26 Oct 2019 23:37:59 GMT

@janov wrote:
Hello i have a question about the paypal mastercard. I have the card since june and when i try to make a payment bigger than the statement it doesn't allow me to do it. I'll try to explain better, my card has a really low limit (300$) and sometimes i wanted to use it for bigger purchase (5-600$) i always pay a balance immediatly as it appears making like 2-3 payments per week but i can't pay like a 1000$ so i'll be able to make a larger purchase (And sometimes i got stucked waiting for the balance to appear and can't use the card since it's maxed out). Is it something not allowed? i do it frequently with BoA but it's impossibile with Paypal. The only reason i try to do it is because i use a lot paypal and the 2% back it's not bad
I wanted to try to send the payment from my bank account but i'm afraid they refuse the payment

Most of my cards won't let me pay more than the current balance when setting the payment to pull from my bank account on their site. When paying the card you bank's Bill Pay the card almost always accepts a payment higher than the current balancee resulting in a credit balance. But I'm not sure Synchrony would let you over pay 3x the credit limit so you could make a $1000 purchase, and I'm pretty sure Sync would not like it, they set CLs for a reason.

You've had the card for over 6 months, have you requested a CLI yet? It's right there next to your Available Credit, a button "Request More", and CLIs are a soft pull. And I'd suggest just being a bit more patient, Sync accounts are known to grow rapidly with good usage & payments.

Re: Paypal Mastercard, How can i make bigger payments?

JNA1 — Sat, 26 Oct 2019 23:59:05 GMT

When you hit that Synchrony luv bottom they’re going to ask for an amount of a CLI you want. Don’t be shy to shoot high. If you’re eligible for a CLI, they’ll counter with a lower amount if they aren’t comfortable with giving you what you ask for.

Re: Paypal Mastercard, How can i make bigger payments?

janov — Sun, 27 Oct 2019 00:14:46 GMT

Yes i've tried a couple of times in the last months and they alwasy declined for not enough experience at current credit limit, even if i call. Last month i had abad experience with DIscover and here on the forum people suggest me is better to stop apply or ask for CLI so i'm not doing anything until my inquiries fall off and new account age.

I was worried about the overpayment that there is some kind of mistake even if i don't understand why since i'm basically giving them more money but i don't want to mess up they already sent me the blue envelope and i don't want to poke the bear.

Anyway i've noticed that paypal gives cash back even on the business debit i should probably use that instead of the credit card and i shouldn't have any pre set limit, hope it's not only when you physical use the card in a store.

Re: Paypal Mastercard, How can i make bigger payments?

creditfan — Sun, 27 Oct 2019 00:23:47 GMT

call number back of your card

pay over the phone with your checking to any amount you like

Re: Paypal Mastercard, How can i make bigger payments?

janov — Sun, 27 Oct 2019 00:29:34 GMT

but that can be a problem ? i did in the last months with BoA for large amount and it always worked but i'm worried is something the lender doesn't like. I mean as said before they give certain CL for a reason

Re: Paypal Mastercard, How can i make bigger payments?

Remedios — Sun, 27 Oct 2019 01:27:35 GMT

On mobile, so not going to type a book here but dont create overpayments in order to go over your limit.
Push payment you're referring to is not meant to be used for that purpose, only to cover pending charges.
A lot of it has to do with potential fraud, so if you value this card, just dont.
Based on your limit, they've already assessed you to be a high risk customer for whatever reason.
Dont give them any more reasons to think so.

Re: Paypal Mastercard, How can i make bigger payments?

janov — Sun, 27 Oct 2019 02:51:09 GMT

Well this actually makes sense, I don't know if they're worried about a fraud or something but it's totally better to avoid do an overpayment like i was worried.

I don't particulary care for the card, i can simply stop using and switch to the debit card i'm way more worried to not mess up my record.

thank you!

Re: Paypal Mastercard, How can i make bigger payments?

Remedios — Sun, 27 Oct 2019 03:10:51 GMT

Yes, fraud is always a concern whenever limit is artificially inflated. Even if it worked, that still does not mean they would allow to make a charge that puts you over the limit, so in the end, it would be all for nothing.

Keep using it for smaller amounts under your limit. It does not give sock drawer rewards lol
You'll get increase in time.
Is that your only card at the moment?

Re: Paypal Mastercard, How can i make bigger payments?

janov — Sun, 27 Oct 2019 03:45:00 GMT

I understand that, even with BoA when i pay more than the limit it report a negative balance but not always i have an higher limit

No i have a BoA Cash rewards for 2600

Quicksilver for 500

Aspire for 1500

and the Bankamericard for 200$ that made my journey start secured a year and half ago and i'll never close even if it's useless

Re: Paypal Mastercard, How can i make bigger payments?

janov — Wed, 20 Nov 2019 22:19:52 GMT

I wanted to give an update, just to confirm what @remedios told me

It's 2 weeks that syncrony blocked my use of the card, i've made a payment on 1st of november and even if the statement is updated they put an hold on the money. Basically i have a 0 balance but also a 0 available credit so it's 20 days i can't use the card.

They told me that the card is fine just i have to wait for the release, every other day the say to wait 24-48 hrs but nothing change.

They explain me that the hold was put because of unusual payment pattern.

in the end i simply can't use the card