Now, I have two.
April 7, 2016 6:35am CST
This morning, my son accompanied me to get my new ATM card from a bank. This is the bank I mentioned in passing, in one of my discussions. We both left home at 8:30AM because I now know that the bank opens at 8:30AM. I had my number at 5002, and what was flashed at the LED TV was 5001. When my number was flashed, I immediately went to the bank employee to get my new ATM card. I was surprised because my card is now a debit card as well. I asked my son if I can use my card to withdraw my PayPal money and he said yes. Now, I have 2 debit cards, MyWallet (RCBC) and Land bank debit card. What debit card have you registered at PayPal?
21 people like this
8 Apr 16
@nottoooldtowrite yes, you can let your money build up in paypal. the fee for transferring money from paypal to your phil bank if less than 7k is 50pesos. at the current conversion rate, you will need more than $150 to reach 7k.
8 Apr 16
MYWALLET from RCBC is my first debit card linked to PayPsl. I plan to register this LBP card too, but on second thought... When you apply to a debit card at RCBC, it is possible that there is a zero amount to get active, but the registration I think is P100, when I applied in 2012. Maybe the fees are more now?
9 Apr 16
my MYWALLET too is for my online money, but I have no bank account in RCBC while I have a savings account in LBP. I think it is also good to have my LBP debit card submitted to PayPal so all my savings will go directly there, am I right, my lady?
8 Apr 16
I used my RCBC MyWallet in verifying my PayPal account and that's also what I am using in withdrawing my PP funds. But it will expire on 2017. I wonder what will happen once it expires. Can I renew it? Retaining all the bank details so that I don't need to link another bank card? I also wonder how much they will charge if I will use Landbank visa in withdrawing my funds. RCBC charges P110 for each transfer, the third lowest charge that I know among the banks here in the Philippines.
9 Apr 16
i also have my RCBC wallet, and I withdrew last Tuesday for my medicines. I have not yet registered my LBP debit card, and I want to ask the bank employee when I go to the city proper if how much they charge with transfers of money to my card.
13 Apr 16
@ridingbet I had my first EON card after I graduated from college. I used it to withdraw my payment via paypal. But after I got a regular offline job, I think I will no longer use an EON card. It expired and it was hard for me to apply for another because the bank is quite far and I cannot leave early from work. That was why I decided to just link BPI bank code to my paypal. However,aside from paypal's deduction on my money, withdrawal in BPI atm has a fee too. That is why I tried to get a new EON card because it is practically much better.