Paypal interest?

United States
March 15, 2011 10:25pm CST
I heard that you can use your paypal money to recieve interest. I would like to know if its true, because I've searched the net alot and still couldnt find it.
5 responses
@annapplez (208)
• Australia
16 Mar 11
Who did you hear it from and do they have more info? I have never heard anything about it and there is nothing that indicates it on the website. I think it might just be a rumour.
@peavey (16936)
• United States
16 Mar 11
Paypal has a money market account that you can change yours to. The information is on the Paypal web site. You'd have to leave quite a bit in there to make very much interest, with the interest rates as low as they are right now.
@yugasini (12836)
• Anantapur, India
16 Mar 11
hi luckyfast, who told you about this or you have searched in the web,Paypal also just like bank,but i does not know they pay interest for our money or not,our is regular account just like savings account,we have less amount in that paypal account,what we get for that less amount,if you have money,you can in invest in gold,silver or in mutual funds,have a nice day
@eurekafemme (5877)
• Philippines
16 Mar 11
I haven't heard of such. My husband and I have been using paypal , especially hubby for quite long time but he has not heard that paypal money receive interest. I wonder where did you get such information. If it is just word of the mouth, then, it couldn't be true. Unless you search the paypal facts and see if you can really earn interest from them. But, I truly doubt it.
@Zerakyo (20)
• United States
16 Mar 11
That's a really good question... mmm I've heard nothing to neither affirm nor deny that question.