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When Do You Usually Withdrah your Money From Paypal to Your Bank Account? email this discussion to a friend?

myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money4 weeks ago

Well the question i wanna ask is, when you start withdrawing money from your paypal? Do you wait until your money reach a certain amount, or are you doing it regularly at certain date every month. Also how long usually the transfer take time from your paypal to your bank account, and how much it cost?

As for me, i usually wait until i reach $40 before i withdraw money from paypal. Since the cost of transfer is pretty expensive, it is about $1.6 ( considering i don't have much money in paypal ), so i don't want to spend hard earning money from the net to transfer fee, so i wait at least until i reach $40. Also the transfer from paypal to my bank account mostly take about 5 working days.

How about you?

 
 
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tags:  paypal, withdraw, bank account, bank, processing fee
 
1. myLot reputation of 75/100. elenyae (381)   ranked 8,879 out of 27,371 in make extra money   4 weeks ago

I take out money from Paypal every time I hit $75 or $100. I also shop on eBay with that money though, so it may take a little longer than it would if I didn't spend all my hard-earned Paypal earnings on clothes! xD The fee to transfer to my bank account is only $1...so technically I only transfer when I hit $76 or $101. I like nice round numbers. xD


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

Well i actually never buy something in E-Bay, i don't know why, it just i am afraid the shipping fee will cost a lot, so i prefer do online transaction with merchant from my own country. Well, i also like that kind of number, but i am afraid i will not able to wait for money to reach that point. Thanks.

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2. myLot reputation of 40/100. mmxida (111)   ranked 10,929 out of 27,371 in make extra money   4 weeks ago

Hi, lordcaocao2025!
I'am new to the earning money online. In my paypal, there'er only about $2 or so. I guess i'll withdraw the money when i hit $50 at least, cuz the cost of transfer is $36 one transaction in my country, and that may takes about 7 working days or more.
Have a nice day, lordcaocao2025!


myLot reputation of 98/100. lovelyn_medrano (641)   ranked 3,338 out of 27,371 in make extra money  3 weeks ago

same here mmxida, I am also new in earning money online. My paypal account is less that $10 as well. I think I would wait until I reached the amount without paypal fee charge before I transfermy balance to my bank account. My bank will surely charge me and that is the wise thing to cut those fees...


myLot reputation of 40/100. mmxida (111)   ranked 10,929 out of 27,371 in make extra money  3 weeks ago

It is really a good way to cut off those fees, man!
Good luck!


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

What the..??? Your transfer fee is $36? Are you sure because it is very expensive. I think you should transfer your money when you reach more then $100 or else you will loss a lot of money. I think paypal or your bank charged it a little to much. In what country do you live and what bank you use if you would tell me? Thanks for responding this discussion.


myLot reputation of 40/100. mmxida (111)   ranked 10,929 out of 27,371 in make extra money  3 weeks ago

Well, I come from China.The $36 fee is really high for my paypal, but it's the quickest way to transfer the money to my bank account. However, there's another way to do the transfer with $5 fee, which takes 1 month or more. I guess i would prefer the $5 fee for transfer. $36?, god, too expensive!
Thanks for your response!


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

Well yes, it is very expensive. It is a good thing you found another way around it, or it will be a waste of money. Anyway, at my country paypal transfer fee only cost you about $1.6, so it is pretty cheap. Although the transfer takes about 5 working days. Thanks.

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3. parminders30 (73)   ranked 3,508 out of 27,371 in make extra money   4 weeks ago

Hi friend.According to me i usuall withdraw money from my paypal account when it reaches $200.It is my lucky figure and i always withdraw when i reach it.


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

Well to me, that much of amount is big. I hardly reach $40, so to wait to reach $200 takes four times my usual wait. How long actually you wait until you reach that much, and what program do you do to reach that much money. Anyway thanks for responding to this discussion i also hope that you will answer my question. Happy mylotting my friend.

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4. Rakshas (60)   ranked 18,011 out of 27,371 in make extra money   4 weeks ago

the minimum amount to withdraw in paypal is 50$.It is high to earn but if you need some help in earning please be my friend i have some genuine sites in which you can genuinely earn money and get paid directly in paypal so that you complete $50 as early as possible.Thanks.Have a great day.


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

Well i don't think paypal have that high minimum amount to withdraw since i actually able to withdraw my money from there when i reach about $40. So is it only apply in your country? Also can you tell us more about the genuine site you are talking about? What is that? Is it some kind of PTC site, PPC Site? Or something else? Anyway thanks for responding.

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5. myLot reputation of 59/100. cobalt20 (249)   ranked 3,397 out of 27,371 in make extra money   4 weeks ago

Sometimes, I usually withdraw $20-$30 to my paypal through my credit cards. It is good to wait at $40. My next big thing is $50 or $60. Thank you mylotters.


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

O i see, so you are like me who cannot wait long to have your hand feel the hard earning money from the internet. Also can you tell us the transfer fee from paypal to your credit card account? And in what country do you leave since i think most of the country have different transfer fee. Thanks.

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6. myLot reputation of 91/100. starscream (345)   ranked 12,569 out of 27,371 in make extra money   4 weeks ago

Most of the time i spend online instead of making check go to paypal bank. I prefer purchasing things online now. I know we're not getting much money but 10$ from various resources contribute a lot to single paypal account and in turn if cash is saved and used online then i think it is much better as the taxes for online trasfer from both bank and paypal will lower the amount it gets into bank account.


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

O i see, well although i like the idea, but most of online transaction have a high shipping fee. And i can assure you that usually the shipping fee is more higher then the transfer fee from paypal to my bank account. I also prefer cash since i don't want to buy some thing that i don't need. Thanks.

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7. myLot reputation of 74/100. chenxiaoyue_713 (657)   ranked 2,149 out of 27,371 in make extra money   4 weeks ago

I usually withdraw my money from Paypal account when it reaches a certain amount, ranging from $20 to $50. It's no big money, right? The only online money making site I've engaged in is mylot, from which I can make a little extra money. But when I withdraw my money from Paypal account, I don't trasfer it the Paypal account to my bank account because it costs much in transferrence. Usually, I exchange my bucks in money exchange center which is an online service center helping people to exchange their money directly to whatever currency they want. It costs less and is secure.


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

O i see, this is the first time i hear about that kind of site. Can you tell me more about the site, and please tell us also about the exact URL. Also how much actually the transfer fee from paypal to your bank account and in what country do you live. In my case, transfer fee is only about $1.6 which i don't is very expensive at all. Thanks.

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8. myLot reputation of 80/100. randylovesdar (489)   ranked 6,615 out of 27,371 in make extra money   4 weeks ago

I transfer every time there is money in there because there is always so little. I am using the money primarily for Christmas shopping. Also, I am not sure if they do this anymore, but there was a time when Paypal had given you a card that you could use to withdraw money or use as a prepaid card. Does anyone know if they still do this? My paypal account is linked to my checking account


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

Well i actually never get this card, but i don't since i use paypal less then a year. Do you ever receive the cards? But i don't think the card will do me any good since i don't see any paypal office in my country. Anyway, thanks for responding to this discussion.

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9. myLot reputation of 97/100. Ingkingderders (1068)   ranked 1,985 out of 27,371 in make extra money   3 weeks ago

I have not tried withdrawing my money from paypal.. I'm still waiting until I reach 100usd, that's when I'll withdraw. And I just recently applied for my internet card, I think I'll get it next week, not sure though how many days it would take for the money to be transferred and how much will be the processing fee... will still have to research on that. thumbup


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

O i see, so you still wait for the very first time you will withdraw your money from paypal. Actually how much money you earn from the internet monthly and how much money do you have now in your paypal ( if you don;t want to respond i am 100% understand since it is actually a private question )? Anyway, thanks for responding to this discussion.


myLot reputation of 97/100. Ingkingderders (1068)   ranked 1,985 out of 27,371 in make extra money  3 weeks ago

not much really. hahaha. Since I only started earning online this year, I only have a couple of dollars in my paypal account.. though when december comes I will surely withdraw them as I need money to buy christmas gifts. happy

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10. myLot reputation of 70/100. nijolechu (428)   ranked 4,756 out of 27,371 in make extra money   3 weeks ago

I just have to wait for the amount in my Paypal account to reach a high dollar amount like $100 before I can withdraw it. I also have to check the exchange rates too since I am not from the U.S. I do this because paypal charges a conversion rate fee so I wait till the amount is high to minimize the expense of withdrawal.


myLot reputation of 95/100. lordcaocao2025 (533)   ranked 1,057 out of 27,371 in make extra money  3 weeks ago

O i also not live in us and US $ is not my currency but still i withdraw them every $40 since it will takes a long time before i reach $100. Also the transfer fee is only $1.6, so it is not very expensive actually. Anyway, thanks for responding to this discussion.

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