Does PayPal Charge Fees for Transferring Money?

RavellingMane·3 months ago

I've used PayPal for years and learned that using a linked bank account for transfers saves on fees. Stick with that for free transactions.

EnvassalingTier·3 months ago

Yep, PayPal charges fees for some transactions. If you’re sending money to friends and family within the U.S. using your bank account or PayPal balance, it’s free. But, if you use a credit card, there’s a 2.9% fee plus a fixed fee based on the currency.

CarryingMonte·3 months ago

For international transfers, PayPal definitely takes a cut. You’ll face a variable fee plus a currency conversion charge. So, keep that in check before sending money abroad!

ComputingTopaz·3 months ago

Sending to friends? Free with PayPal balance. Business transactions? That’s where the fees sneak in!