Does anybody here keep more than $1000 in their PayPal account?

Just wondering, as I heard stories that people have had their money taken from them or their account limited by PayPal.

 

I used to keep much more when Paypal's money market was paying 5%+ interest. Now at 0.19% the risks are too much to keep more than a couple hundred in Paypal at anytime.

You are better off keeping the money outside of PayPal and if more is needed you can always pay with credit card or bank balance through PayPal.

 

yes sure u can keep.

 

I always keep more than $1K in my PayPal account.i have to pay high fee to my bank account to withdraw it..(38$ at a time)

 

I used to keep around 2K...Try PayPal Money Market Fund

PayPal Money Market Fund is designed primarily as an automatic sweep investment for uninvested cash balances in PayPal customer accounts.

# Withdraw your funds at any time
# No minimum investment

 

If you are involved in high transactions and with ebay,i suggest never leaving balance,specially when you it comes to disputes and sudden chargebacks for no reasons.

 

Yes you can keep for sure and it's safe with paypal.

 

The more you leave in it, the more likely they are to freeze it. They don't freeze accounts with $50 in as much as they do ones with three and four figure balances in there. I sweep mine out daily and seldom have problems any more.

 

This is not true. Like other people have said if your account is frozen, you'll be in a world of hurt.

I keep $1000+ so I can request a discount when paying by Mass Pay to my sellers.

 

1k is not big deal for Paypal, I wouldn't worry if money are clean

 

I had kept over $1K balance without any issues, but later withdrew all at one go.

 

I don't keep much money in paypal as i have my credit card attached, so i just use that to make the payments. But recently paypal started blocking credit card payments to Indian PP accounts, so i may need to keep some balance.

 

I keep 1K as a balance in PayPal ..

 

I don't really keep $1000 in my Paypal account. Once my account reached a certain amount then I will withdraw it. The first time I actually keep a huge amount of money, the conversion rate went down so I'm quite disappointed with it though it's not really Paypal's fault.

 

I don't keep it as we are not aware of paypal rule changes...anytime anything can happen... so better to keep money in ur wallet / bank

 

Yes, I usually keep it, don't try keeping it with un-verified PP.

 

never more than 1K$

 

ye too right

 

r u sure? i always thought it was unlimited