Paypal Money Market Account???
By sk66rc
@sk66rc (4250)
United States
November 13, 2008 11:05pm CST
Has anyone here signed up for paypal's money market account? From what I read, they're supposed to pay you a some sort of interest percentage?
1 response
@kingparker (9673)
• United States
13 Feb 11
I only have money market account with my local banks. And yes, I believe that it will work the same from paypal, or any other financial institution too. They will get your money and lend out to someone else, either in loan or credit card, charge higher interest rate, and pay you a slightly higher interest rate than normal saving account. That is all.
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