PayPal Investment Fund: Does it Pay?

United States
March 27, 2007 10:15pm CST
Today I appearently managed to "Opt-in" to an investment fund program Paypal has for Premier and Business account users. In my account under my balance it says "Current Earning: 5.05%" I was wondering if anyone is also using this investment program in their account and if it really pays off overtime? I mean it's always nice to get extra money, I just wanted to make sure the yeilding were fairly decent. Thanks for any feedback.
2 people like this
2 responses
@ricknkae (1726)
• United States
28 Mar 07
Well I just recently did it as well so I have seen no results yet. But it is not only for Premier or Business account because I only have a basic account and I did it ... It is available to everybody ... as long as you got a paypal account that is. I hope it will be a good investment, and I actually think it is quite safe because Paypal is a legit and strong company, gaining more and more on the internet money market ... But I would not put all my assets there though ... one never knows ...
• United States
28 Mar 07
Yeah make a lot of sense. It's extra free money coming in every month, and the more that's sitting in your account the higher your yeildings will be. So it sounds worth it to me. Thanks for your feedback.
1 person likes this
@ricknkae (1726)
• United States
31 Mar 07
Anytime
@SageMother (2277)
• United States
28 Mar 07
I always suggest people take their money out of paypal and put it into their own bank as soon as they can. IF you sell something and there is a dispute, everything in thepaypal account gets frozen. That means that a dispute over a $25.00 purchase can leave you unable to remove ANY of the money in your account. I say forget their investment and stick with what you have more control over. I only leave enough to make about $30.00 worth of purchases in my paypal.
• United States
28 Mar 07
Very wise on your part. As you said, PayPal can freeze your account anytime they want to and you cant do much about it. Keeping the account under $30 is very smart.