What is the difference between a premium paypal account and a personal paypal?

@Nameless_ (1180)
Australia
January 1, 2010 4:12pm CST
Hello... oops... seesm like the title got a bit too long, but anyway, here is the full question: What is the difference between a premium paypal account and a personal paypal account? I want to see if it is possible to link two different paypal accounts to the same bank account, but it seems like that isn't possible unless you have a premium paypal account and a personal paypal account. :( Because you cannot use the same paypal ID on the same GPT sites in two different accounts, I need to find a way to get over it. :( But anyway... yeah, because my brother really wants to start on PTC sites, but because he doesn't have a bank account he has to use mine. :( I don't know... is this the best way? To create two different accounts on paypal linking to the same bank account, or should I just give him a random paypal account and request funds from him? Are there any fees between paypal account transfer funds in the same coutnry? Sorry for going off track, but this is extremely, extremely important and I really need to know it. :( Thank you SO very much for whoever that can I answer all of my questions... Nameless_ Have a happy new year.
2 responses
• Malaysia
2 Jan 10
I noticed you posted quite a few discussions and yet you are very new to earning online procedures. Paypal basically have 2 types. Personal and company. Personal pro or premium is like a company(corporate) account, it needs to get verified with a credit card (or debit card) and no limit to transfer of funds. Personal (unverified) have a limit to transactions with regards to sending and receiving money. You are allowed 2 Paypal accounts under one name with different email addresses. Each Paypal account can link to 7 email accounts. So if you want your brother to have a Paypal account, just add his email to your Paypal (up to 7). Everytime he is being ask for his Paypal account, just give his email address. He can also log in to Paypal with this email and his password. But only YOU (the principle account holder) can withdraw the money.
@Nameless_ (1180)
• Australia
2 Jan 10
Thanks... yes, I am new to paypal. :P But anyway... is that really true? So your paypal ID can also be a secondary email address? Because if that is the case, then that is really really good...
• Malaysia
2 Jan 10
Sorry I forgot to add a little info for you. I have 3 Paypal accounts. One Personal(unverified) and 2 Premium(verified). One of the premium account have 4 emails address(i.e. 4 user accounts) and the other Premium account have 5 email addresses (5 user accounts) because I do online business with my websites and also on eBay.
@JenInTN (27514)
• United States
2 Jan 10
I have a premium account and I think the difference is that you can sell things if you have one. I have never been charged a fee. I don't do a lot of tranferring though. Take care.
@Nameless_ (1180)
• Australia
2 Jan 10
Hmm... I thought that the rates were also higher (that's why they made it so that upgrading to premium was free), but anyway... :( I'm not going to sell anything. I just need my brother to be able to use a paypal account that will NOT get me banned because we are definitely NOT cheating and to be able to cash in to my bank account at the same time. :P Hopefully mylot will allow that.