Originally Posted by
goamules
For the long-time ebay policy of sucking refunds out of your bank account, I also set up a special account at my bank. I told them to NOT transfer any over drafts or give me instant line of credit on that account, because on my main account they "protect me" from overdraft charges by doing that. It's worked for over a decade. When I get a payment in Paypal, I transfer it over to the "fun account". Then I transfer it over to my "real" account. It only takes a few logins and minutes.
I used to keep a balance in Paypal so I could buy more things, after I sold some. But that changed. One thing to know about Paypal is you cannot easily maintain a balance anymore, unless you buy their credit card. That was the latest shock about 6 months ago when I did a rare sale. After payment by the buyer, it said "you have funds!" but I didn't SEE them. You have to "get funds" or something with a few buttons, and it automatically transfers to your bank. It won't just "sit there" in Paypal anymore. Unless you sign up for their credit, which I'm not about to do.
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