ATM Daily limits in Community Help Boards in Community

Last Post Nov 6, 2009 6:07 PM by: mariuch1

Replies: 21

ATM Daily limits

Nov 6, 2009 12:22 PM

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I am just wondering if my PP account has a daily limit fee of $305 does that mean I can take that amount out today and have to wait 24 hours to take out more or can I take it out now and again in the morning? I know this sounds like a stupid ?...but I am just curious...

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Re: ATM Daily limits

Nov 6, 2009 2:36 PM

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mariuch1 wrote:

I am just wondering if my PP account has a daily limit fee of $305 does that mean I can take that amount out today and have to wait 24 hours to take out more or can I take it out now and again in the morning? I know this sounds like a stupid ?...but I am just curious...

It should have a $500 daily limit. You can eliminate this limit if you want in your PayPal account.

Keep in mind that most ATMs will charge you for each transaction.

Wisdom means you’ve learnt something the hard way.

Re: ATM Daily limits

Nov 6, 2009 2:43 PM

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missouri_treasure wrote:

mariuch1 wrote:

I am just wondering if my PP account has a daily limit fee of $305 does that mean I can take that amount out today and have to wait 24 hours to take out more or can I take it out now and again in the morning? I know this sounds like a stupid ?...but I am just curious...

It should have a $500 daily limit. You can eliminate this limit if you want in your PayPal account.

Keep in mind that most ATMs will charge you for each transaction.

You know what, treasure?
I can count the number of times that I have used an ATM in my life on both hands and have fingers to spare.

I can also remember that every time I did use one was to finance a poor decision.

Girls, Gambling and General Carousing. :^O

:^O

Re: ATM Daily limits

Nov 6, 2009 3:02 PM

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Isn’t it funny how technology sneaks up to bite us on the backside?

I truly wonder what people would do without the convenience of technology they have today.

Wisdom means you’ve learnt something the hard way.

Re: ATM Daily limits

Nov 6, 2009 3:32 PM

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mariuch1 wrote:

I can take that amount out today and have to wait 24 hours to take out more or can I take it out now and again in the morning? I know this sounds like a stupid ?...but I am just curious...

Hi Mari & Keri, Not stupid at all... it's a good question. I believe daily is defined as midnight to midnight... I'm not positive though.

To view your PayPal debit card limits, login to your PayPal account, click on the "Profile" tab and then click on the "PayPal Debit Card" link.

Does it define daily there?

Re: ATM Daily limits

Nov 6, 2009 4:26 PM

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My account shows this
Limits
Daily: $3,000.00 USD
Monthly: Unlimited
ATM: $400.00 USD

Card requests Card requests
Cards issued: 2

I do know the $3,000 limit is per card for purchases...
I hit them quite frequently
and have to use the other while at Staples or buying form Dell.

ATM per card I do not know, never used it that way.

<

Re: ATM Daily limits

Nov 6, 2009 4:35 PM

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PP has an ATM fee as does most ATM machines.
It could cost you around $4 to get your money.

Using the card for purchase actually pays you.
For me over $450.00 in October.

Dear aaron sxxxxx,

Congratulations. You've received a cash back reward of $457.66 USD after spending $30,510.99 USD with your PayPal Debit Card.

Your cash back reward has been deposited in your PayPal account and is based on your monthly eligible transactions.
View debit card cash back summary

Thanks,
PayPal

And the lifetime pay out over $14k

PayPal Debit Card
Account management
Cash back Cash back
Earning Rate: 1.5%
Cash back earned for Nov 2009:* $19.72 USD
Lifetime cash back deposited: $14,218.29 USD

<

Re: ATM Daily limits

Nov 6, 2009 4:40 PM

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"PP has an ATM fee as does most ATM machines.
It could cost you around $4 to get your money. "

REALLY?

Wisdom means you’ve learnt something the hard way.

Re: ATM Daily limits

Nov 6, 2009 4:45 PM

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Well, we meet again....

Yes, PP charges you to get cash from an ATM.
And most ATM's also have their own charge.

Are you serious you were not aware of that?

<

Re: ATM Daily limits

Nov 6, 2009 4:47 PM

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Well, we meet again....

Yes, PP charges you to get cash from an ATM.
And most ATM's also have their own charge.

Are you serious you were not aware of that?

I withdrew 8k with NO pp fees on it... but hey pp could have gotten a bit greedier. Who knows?!?!

Wisdom means you’ve learnt something the hard way.

Re: ATM Daily limits

Nov 6, 2009 4:58 PM

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PayPal Debit Card Fees
U.S. ATM Withdrawal $1.00 USD (plus any amounts charged by the ATM owner)
Signature Withdrawal $3.00 USD if a signature is required.

<

Re: ATM Daily limits

Nov 6, 2009 5:04 PM

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Anyone here that remembers the CASH ADVANCE loophole they had to get cash advance from the bank inside teller and they actually paid you 1.5% to do it.

I loved it, 2 cards, 6 days a week equaled
a lot of money for the year.
It took about 10 minutes to do, then redeposit the money in the checking account (same bank account I had with Paypal)
And just redo it daily.
My bank was right next to where I ate lunch, so free lunches for a long time for me.
That 10 minutes of work going to the bank made me $12 a trip times 6 days, do the math.
Of course once in a while no banking on Mondays.
Damb holidays cost me money.

<

Re: ATM Daily limits

Nov 6, 2009 5:09 PM

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uf_grant wrote:

missouri_treasure wrote:

mariuch1 wrote:

I am just wondering if my PP account has a daily limit fee of $305 does that mean I can take that amount out today and have to wait 24 hours to take out more or can I take it out now and again in the morning? I know this sounds like a stupid ?...but I am just curious...

It should have a $500 daily limit. You can eliminate this limit if you want in your PayPal account.

Keep in mind that most ATMs will charge you for each transaction.

You know what, treasure?
I can count the number of times that I have used an ATM in my life on both hands and have fingers to spare.

I can also remember that every time I did use one was to finance a poor decision.

Girls, Gambling and General Carousing. :^O

:^O

Man,oh,man!!Can I relate to that or what!

Re: ATM Daily limits

Nov 6, 2009 5:13 PM

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PP does have a monthly withdraw limit of $500 which can be raised or done away with.

But the cash at an ATM is still $400 a day, I see no way to eliminate it.

<

Re: ATM Daily limits

Nov 6, 2009 5:14 PM

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PayPal Debit Card Fees
U.S. ATM Withdrawal $1.00 USD (plus any amounts charged by the ATM owner)
Signature Withdrawal $3.00 USD if a signature is required.

Well, I guess Paypal did do something for me in a positive manner.

Wisdom means you’ve learnt something the hard way.

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