Keeping your money on your PayPal account...Good idea?
 

I usually move my money to my bank account as soon as I reach $2k on my PayPal account.

So I wonder if its a good idea to keep bigger amount of money on your PayPal account for a long time? Like $20.000+

Anybody who have any comets?
Feel free to share your $$$ numbers "if you want"

i usally keep between 25-150, not a penny more

I'd never do it just from the stories ive heard.

yes great idea.

Yes, put as much money into paypal accounts as possible. Its safe
:1orglaugh

only as much as you can afford to lose.

no it is not a good idea.. they suspended my paypal for no reason at all.. called like 10 times emailed them like 50 times. i sat there and emailed them non stop 1 after another like 50 times called them. and they say "nope we didn't get any emails" :BangBang:

Not a good idea by the sounds of them locking accounts anytime they want

i never keep any money in there. when ever i need to send money I just do a transfer from my credit card.

Well I think I got my answers now...thanks

I never keep more than $150 in my paypal account.

I would let mine get to the $1500-2000 range like you mentioned and I was just about to transfer when guess what? They closed my account for having a Pay Pal logo on a mature site.

#1 I don't have a mature site, I have a hosting site, no nudity of course. Naked Hosting, Naked Juice, Naked Furniture--same thing its a name is all. We "host" adult sites just like all other larger more known hosting companies like Interland, Hostway, etc. We don't have any adult sites of our own that use Pay Pal.

#2 I dont even have the logo on Naked Hosting.


So, NO don't leave your money in there :)

lol

Very bad idea,they like to "investigate" on "suspicious" accounts with lots of money in them and take it as their second income :winkwink:

I usually move it out of there asap, better to be safe then sorry!:2 cents:

Repeat after me. This formula works for many things in life including paypal.

In > Out

In > Out

In > Out

Very bad idea to keep more than $100 in there, especially if you deal in the adult biz or if you have ever exchange funds with someone or an entity that had their account closed :2 cents:

500 to 1000 but not more

Don't risk it. Paypal will freeze your account and you will not get your money back..

I keep less than a hundred and thats just for buying stuff on Ebay.

I have about $3-400 in mine =X

so what are the horror stories???

they really can close the acounts before take out the money?

and no body can fuck theirs?

i funnel the money to anything i have to pay for as quickly as possible.

great idea



























not

keep a amount that you wont cry over if you lose it . Thats my rule.

and why - risks - what horror stories?

A well known poster here just got a big big amount frozen a few days ago.

Never ever have over $1k under any circumstances and make it a lot less if it is in any way connected to adult including being on the receiving end of sponsor payouts.

http://www.paypalsucks.com/

check out the forum

exactly . . . I don't even leave that much in. . . . as soon as money is deposited, I transfer it to my bank account

use the search feature. . . .they freeze accounts that are used for adult transactions

yup, me too, i stopped using payapl for anything adult whatsoever....you know what got me....it was having @tabithastoybox.com in my email address.

never more than 1k

thx

if you are voilating their terms of service you shoulnt even be using them, if you are not, it should be pretty fine

:1orglaugh :1orglaugh

Great rule! Makes sense! :thumbsup

PayPal realy sux i don't use their service because they don't support members for the country that i live

Paypal have more problems than Microsoft in last few months. So be careful :winkwink:

Not necessarily (on the latter). They can and will lock your account for any reason, or no reason at all.

Send me your money instead, I'll keep it SAFE for you. :1orglaugh

paypal => :321GFY

I rarely keep any money in the paypal account, there really is no need, and given the risks it's not worth it...

Hell no! Withdraw it ASAP. When they caught me the first time, I had $1 in there. :)

My withdrawal cleared earlier that same day. Phew. :)

Not a smart move!

http://www.paypalsucks.com

nuff said.
:feels-hot

being a host we hear lot's of horror stories about Paypal.

mainly it's only adult affiliated people that get effected but they will with no questions asked lock up your account if in anyway is connected to a adult site.

I've seen it sucka its' real as a banana peel

We take PayPal for programming services. When our account got frozen, I figured maybe one of our clients' email addies had set off a red flag, or something.

Nope - it was a long-neglected, MAINSTREAM (well, maybe a little off-center, but certainly not "adult") site that accepted PayPal donations, that also happened to have a few banners in rotation advertising a vibrator for sale through a LinkShare sponsor.

If you've ever dealt with LinkShare, you know they're at least as disapproving of "adult" oriented sites as PayPal has become. Anyway, since I had no interest in allowing PayPal to dictate the content of my advertising, I pulled the donation link. (No biggie considering I hadn't made a single dime in donations from the site.) After a week of dealing with their "customer assistance" robots, I found the email address of an E-Bay/PayPal liason and pled my case to him. The next day the account was reinstated. So there are at least a couple of sane people in the mix.

But I sure don't carry a balance there.