PooPail Question

[jonumberone]

I use a bank account.
I'm fairly certain that you don't provide them with your online banking credentials and access to all of your accounts, just the routing and account numbers for whichever account you plan to use.
They have access to my checking account, but not my savings.

[pnoon]

Originally Posted by jonumberone

I use a bank account.
I'm fairly certain that you don't provide them with your online banking credentials and access to all of your accounts, just the routing and account numbers for whichever account you plan to use.
They have access to my checking account, but not my savings.

I haven't signed up yet. But their video showing how to add a bank account involves selecting the bank and then the online credentials to access the account.

[AdamJoshua]

Originally Posted by pnoon

I haven't signed up yet. But their video showing how to add a bank account involves selecting the bank and then the online credentials to access the account.

Never had a problem, it's like linking any other financial accounts and it's nice to be able to have money that is in pay pal sent directly to your bank, so the linking does pay off because not having to pay transaction fees.

[massphatness]

Originally Posted by jonumberone

I use a bank account.
I'm fairly certain that you don't provide them with your online banking credentials and access to all of your accounts, just the routing and account numbers for whichever account you plan to use.
They have access to my checking account, but not my savings.

This was my experience as well.

I have my checking account linked as my primary funding source. PP doesn't have access to the other accounts (savings, money market, etc) attached to my checking.

In addition, I have a credit card as a back-up funding source.

You don't want to use a credit card as your primary source if you can avoid it as there are fees involved with every purchase transaction. Funding via a bank account, you can bypass those fees.

[pnoon]

Originally Posted by jonumberone

I use a bank account.
I'm fairly certain that you don't provide them with your online banking credentials and access to all of your accounts, just the routing and account numbers for whichever account you plan to use.
They have access to my checking account, but not my savings.

Originally Posted by massphatness

This was my experience as well.

I have my checking account linked as my primary funding source. PP doesn't have access to the other accounts (savings, money market, etc) attached to my checking.

In addition, I have a credit card as a back-up funding source.

You don't want to use a credit card as your primary source if you can avoid it as there are fees involved with every purchase transaction. Funding via a bank account, you can bypass those fees.

If it's just the routing number and account number, I'm fine with that.
What I'm leery of is providing my login credentials which allows access to all of my accounts.

[icehog3]

Originally Posted by pnoon

If it's just the routing number and account number, I'm fine with that.
What I'm leery of is providing my login credentials which allows access to all of my accounts.

I did not provide anything but the routing and acct numbers....unless things have changed since I signed up, like Vin said, you shouldn't have to.

[elderboy02]

Originally Posted by icehog3

I did not provide anything but the routing and acct numbers....unless things have changed since I signed up, like Vin said, you shouldn't have to.

+1. I signed up a long time ago and I just did the routing and account info.

[heyferg]

Originally Posted by massphatness

This was my experience as well.

I have my checking account linked as my primary funding source. PP doesn't have access to the other accounts (savings, money market, etc) attached to my checking. In addition, I have a credit card as a back-up funding source.

You don't want to use a credit card as your primary source if you can avoid it as there are fees involved with every purchase transaction. Funding via a bank account, you can bypass those fees.

Same for me. I have my checking account linked to avoid fees with a credit card for backup if I need it.

The only problem I have had is my account was put on hold because PP thought I had too many Friends and Family transactions. Apparently they didn't realize most of my friends and family live in Europe!