MyLot Earnings - Good Tip

PayPal - Pays interest
United States
January 22, 2007 8:43am CST
Do you know that if you leave your earnings in PayPal they pay 5.02% interest every month.!
13 people like this
56 responses
• Canada
22 Jan 07
Know i did not know that. I like mylot becuse you get free mnoey for geting friends and talking to people now that is what i like.
4 people like this
• India
27 Jan 07
well if it pays then its good ! but clear my doubts please ! i am unverified member in paypal with premium account ! i know what are my limitations ! what can i do with the money being an unverfied member ! shoping etc also unverified members also do get interest !!
@irisheyes (4370)
• United States
22 Jan 07
Don't you have to have a Paypal money market account for that, heather? Actually it probably doesn't matter much to me at this point. I used to leave a healthy balance in the paypal account but now I clean it out immediately. I had a transaction on eBay reversed seconds before I took the item to the post office and mailed it. Paypal said it wass purchased through credit card fraus. They said they were investigating and would get back to me but they never did. It was an expensive item and I almost got clipped so I've cleaned out the Paypal account reigiously ever since.
3 people like this
• United States
22 Jan 07
You may be correct. I will have to check.
@classy56 (2880)
• United States
22 Jan 07
i sign up about a year ago for the money market,so i always leave a few dollars in my paypal account.i dont earn alot but its free money an its a good way to have a saveings account.that {i dont tell my husband about}.lol
• India
22 Jan 07
is it for premium members or verified members....coz i have my account for a longtime now...and paypla hasnt given me a single cent of interest on it!!!
3 people like this
• United States
22 Jan 07
Ask them because before I had my lot I used to put a certain amount of cash into my account (to budget my EBay spendings) and it paid me every month.
2 people like this
@amaine (2027)
• Philippines
22 Jan 07
really? , , how did you found out about that? , , well , , thanks for that information , , :-)
3 people like this
• Philippines
22 Jan 07
oh really? well that's pretty good.
3 people like this
• Portugal
24 Jan 07
I let my earnings at Paypal, I just can withdraw at 100 $, and I use that money to others internet stuff, but i really don´t know that, that´s a good average.
2 people like this
• United States
27 Jan 07
Email them at www.paypal.com and ask them to change your money to a Money Market Account
• United States
27 Jan 07
whoo hoo!! really? I didnt know that..well that gives me more of a reason to not spend my money on ebay as fast now lol..I love paypal..they are so easy to deal with,but thank you soo very much fo rthe information..It was very kind of you! take care and have a good one!
• United States
27 Jan 07
Email them at www.paypal.com and ask them to change your money to a Money Market Account
• India
22 Jan 07
i have no idea about it
3 people like this
• Nigeria
25 Jan 07
thanks for that tip.I wish to have a paypal account but my country is not on paypal list.How do you suggest I should go about it?
2 people like this
@tamanash (950)
• India
27 Jan 07
i dont know about this.for the past 7 months i have paypal account but till now i havent seen any increase in my paypal account.i think we have to inform them and tell them that we are not going to withdraw for another 5-6 months then only they will pay us.can you tell me in detail what we have to do to get interest?
• United States
27 Jan 07
Email them and ask to change it to a Money Market account
@raj0019 (2623)
• Argentina
27 Jan 07
I have some in my Paypal account, but they never padded any extra money to my balance. I think that scheme is for verified members only.
1 person likes this
• United States
27 Jan 07
Email them at www.paypal.com and ask them to change your money to a Money Market Account.
@myaccount (235)
• United States
22 Jan 07
wow!!!! thats great news, but i dont trust paypal so much that ill put all my money in it, there are many paypal scams that are on the net. paypal is very insecure, i prefer a credit card, but i use paypal for online things like mylot.
1 person likes this
• United States
22 Jan 07
I think PayPal is very secure. I had an email sent to me which looked identical to the real PayPal emails and I remember they was and checked with Paypal security guidelines forwarded the mail to them and sure enough they responded within a couple of hours and it was a fake.
@mudinho (41)
• United States
23 Jan 07
nice to know! thanks! :D
2 people like this
@riyasam (16556)
• India
22 Jan 07
from where did you get this idea?
1 person likes this
• United States
27 Jan 07
Check my discussion in response to your question.
@wmg2006 (5381)
• United States
22 Jan 07
Yes I think this is awesome too. When I first signed up for that I only got 1.2% then 2.8% then 3.1% now 5.02%. I wonder if it increases with your total? I have always left mine in paypal and used it to purchase stuff online so as not pull from my checking account.
1 person likes this
• United States
27 Jan 07
I use mine for the same reason!
@GardenGerty (157551)
• United States
23 Feb 07
I have had a Pay Pal account for a couple of years,but I took advantage of the opportunity to move it into the money market option. I will take interest anytime. That money is sitting there growing for a special trip.
• Lagos, Nigeria
23 Feb 07
the issues is that paypal does not work in my country.
1 person likes this
@mamatika (225)
• Australia
23 Feb 07
realy i never know that thank u.
1 person likes this
@iduidu (243)
• Romania
23 Feb 07
I'can't have a pay pall account...
1 person likes this