Paypal Personal vs Primier account

Discussion in 'PayPal' started by rentdn, Apr 1, 2007.

  1. #1
    Guys is upgrade from Personal to Primier cost something ?

    Thanks
     
    rentdn, Apr 1, 2007 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    The act to upgrade from Personal to Premier is free.

    However, with a personal account receiving money from another paypal account with existing funds is free but with the Premier account, all incoming funds whether they are funded by existing paypal funds or through the credit cards will have a fee attached to it.
     
    eddy2099, Apr 1, 2007 IP
    rentdn likes this.
  3. ellesdee

    ellesdee Peon

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    #3
    Unless you're running a large business, stay with a personal account.
     
    ellesdee, Apr 1, 2007 IP
  4. MikeLugar

    MikeLugar Well-Known Member

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    #4
    Is there anyway to downgrade? I have a Premier but I would like to go back to Personal?
     
    MikeLugar, Apr 1, 2007 IP
  5. eddy2099

    eddy2099 Peon

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    #5
    If it has been upgraded before then No. If it was signed up as a Premier then yes you can. Contact Paypal and they will do that for you.
     
    eddy2099, Apr 1, 2007 IP
  6. jmweb

    jmweb Peon

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    #6
    Sorry guys, I think if your using a personal paypal account to run a business, then thats unprofessional. If its a business, don't be cheap, upgrade and use the business plan.
     
    jmweb, Apr 1, 2007 IP
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  7. eddy2099

    eddy2099 Peon

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    #7
    I agree with you Jmweb. The personal account is made mainly for outgoing payments rather than incoming. It probably may be sufficient for those few sales you make clearing your stuff in ebay and here. But pretty much that's it.

    If you are doing business then just a Business or Premier account.
     
    eddy2099, Apr 1, 2007 IP
  8. rentdn

    rentdn Well-Known Member

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    #8
    Thanks guys for help
     
    rentdn, Apr 1, 2007 IP
  9. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #9
    You can have one premier and one personal account. The limit on CC transactions and the receiving fees differentiate the personal from the premier one.
     
    gr8liverpoolfan, Apr 2, 2007 IP
  10. inworx

    inworx Peon

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    #10
    personal is excellent option for occasional sellers while premier and business is good for people who are involved in business
     
    inworx, Apr 2, 2007 IP
  11. Clive

    Clive Web Developer

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    #11
    Get yourself one of each account type (a personal and a premier / business account) and use the first one for transactions where people are paying using their Payal balance so you can save what you can by avoiding commission fees where possible.
     
    Clive, Apr 2, 2007 IP
  12. sandrarocks

    sandrarocks Banned

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    #12
    I'm going to post a new thread addressing everyone's query in that. Give me about 20 mins to pendown everything in one single thread.

    Thanks
     
    sandrarocks, Apr 2, 2007 IP