[Dave_J]

Anyone have run up to PayPal's brick wall at $2000? I just tried to order $130 of parts from RockAuto.com and got denied. I have a credit score above 800 and never get denied. They give you a limit of $2000 and then to remove that limit you must allow them to have more information about your bank account. I don't care if I have $20 or $2,000,000 in my account, no one will get more info than I want to give. I guess I could just sign up another email account and link it to my debit card for another $2000 limit, but REALLY. :roll:

 

[mikeyMarine]

debit cards are direct out of your bank, when the money is gone , it is gone and you have no recourse, hook it to a credit card you get for on line spending only a separate account from your other credit lines, that way if something gets wrong you have recourse through the credit card to fight it, might not win, but with a bank, you can't even fight and won't get money back if you do prove your complaint this also allows you to remove the 3 digit code from your other cards so no one can copy them and use your card number and code to make purchases on line, after having my identity stolen I learned some great criminal tricks , but not enough on how to stop them

 

[29534]

As said, I would NEVER use a debit card because it is treated just like cash. Once it is gone, it is gone. I use a credit card for everything possible for both protection and the 1% I get back from them. I have used PayPal for years but I apparently not run into the $2,000 limit. How is the limit determined, by the week, month, year?

 

[Fatjock]

I've used Paypal for years, and had transactions up to $5k with no issues.

 

[cliffyk]

Same here, using PayPal for over 10 years with multiple $7k to $10k transactions, one at $14.5k--all using a credit card though...

 

[Dave_J]

They want my bank routing number so they can deposit 2 different small amounts and a day later I am to tell them the exact amounts deposited for them to prove its me. Phishy to me. And I went to their web page direct, not thru a hot link that could be redirected to Nigeria. :roll:

 

[Desert Rat]

They want my bank routing number so they can deposit 2 different small amounts and a day later I am to tell them the exact amounts deposited for them to prove its me. Phishy to me. And I went to their web page direct, not thru a hot link that could be redirected to Nigeria. :roll:

Needed to do that the first time I set-up Paypal.

 

[Wes_Ingram]

I have 2 credit cards set up on PayPal, I will not give them my bank account info. :thumbup:

 

[Ken]

I have never had any issues with PayPal. I have a bank account that is used only for PayPal but I usually have them charge my Discover card. That way I get 1% back and I have recourse thru the CC company if there is a problem. Discover also gives me additional warranty beyond factory warranty for items purchased with their card. Needless to say my wife and I use the CC to pay for everything during the month and pay the bill in full every month. Works for me. :thumbup: :thumbup:

 

[cliffyk]

The EFT (Electronic Funds Transfer) thing is called a "pre-note", pre-notification transaction; it is standard protocol for setting up EFT transactions to insure that the process is working. It protects both parties.

Also, the worst thing that can happen if someone "gets" your deposit routing number is that they could make unauthorized deposits into your account--Wooooo...

 

[mikeyMarine]

The EFT (Electronic Funds Transfer) thing is called a "pre-note", pre-notification transaction; it is standard protocol for setting up EFT transactions to insure that the process is working. It protects both parties.

Also, the worst thing that can happen if someone "gets" your deposit routing number is that they could make unauthorized deposits into your account--Wooooo...

strange, I do business with multiple banks, and one credit union and my routing number is the same for deposit and withdrawal and also for multiple accounts in the same bank.I am interested in a bank with separate routing numbers , sounds like a good safety feature, which one (s) is it

 

[knucklehead]

[quote="Dave_J":32cmb1sx]They want my bank routing number so they can deposit 2 different small amounts and a day later I am to tell them the exact amounts deposited for them to prove its me. Phishy to me. And I went to their web page direct, not thru a hot link that could be redirected to Nigeria. :roll:

Needed to do that the first time I set-up Paypal.[/quote:32cmb1sx]
I had to do that as well. Been so long ago I nearly forgot that little transaction they did to verify my bank routing number. I've never had any problems dealing with PayPal. I use it for every transaction I can since I don't have to give info to the company I'm buying from. Everything is centralized - and hopefully no problems. In 15+ years as a PayPal member I've yet to have any sort of problem. Doesn't mean problems won't happen - but so far...

 

[Fatjock]

I had to do that as well. Been so long ago I nearly forgot that little transaction they did to verify my bank routing number. I've never had any problems dealing with PayPal. I use it for every transaction I can since I don't have to give info to the company I'm buying from. Everything is centralized - and hopefully no problems. In 15+ years as a PayPal member I've yet to have any sort of problem. Doesn't mean problems won't happen - but so far...

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