Originally Posted by
Mamibear
I've been aware of the PP prepaid MC so I checked the fee schedule if there are changes for the "better" but found out I still don't agree with all fees they collect.
I just had this weird idea... My bulb just lit up while brain storming.
I currently have the PayPal Business Debit MC which pays 1% on purchases.
I wonder if since I order the PayPal Prepaid MC and have it tied to my PP Account, it would be possible to use your PPBMC (which pays 1%) to purchase / load / reload your PPMC...
Money from PPMC can be transferred back to your PayPal account, and complete the circle by funding back the PayPal Business MC.
You will generate $5.00 to cover the $3.95... no need to transfer funds to your bank account, because it would circumvent with-in PayPal.
PayPal will not close your account for MS activity, because of Ebay business activity + PayPal credit for business account open at the same time.
I'm going to check on how many reloads per month if any or any limits on funding a PPMC exist.
I KNOW I'M CLOSE TO SOMETHING REALLY BIG. I KNOW IT. I hope I can nail it the way I vision it.
*** BINGO ***
I love creative accounting... Mwah! Mamibear. You are the best!
Venmo by PayPal --- limits are too little to work with... plus you need a trust worthy friend.
Bluebird -- they drop the monthly limit, plus Walmart is a headache. It still works even though people were canned early this year.