Can I Use PayPal Credit To Send Money To Myself

I have heard a lot of people ask this question ” Can I use PayPal credit to send money to myself? If you are among those who ask this question without getting a good answer, then this article will answer your question and also many questions that are related to it.

Can I send myself money with PayPal credit? No, you can’t send yourself money from Paypal credit.

PayPal Credit is an open-end (revolving) credit card account that provides a reusable credit line built into your account with PayPal.

This feature allows people to purchase things with their Paypal and pay later or pay in installments.

This means that you can purchase goods and services with it and pay PayPal later or in installments.

People sometimes ask if they can transfer PayPal credit to their local bank accounts and withdraw them as physical currencies. Well, I am sorry to disappoint you. It doesn’t work that way, and I don’t think it can.

Despite that you can’t withdraw your PayPal credit as physical cash, there is a way you can do that. You will learn about that later in this article, so read to the end.

Trick To Send Yourself Money From PayPal Credit

As I explained above, you can’t send money to yourself with PayPal credit. It doesn’t mean that there is no way it couldn’t happen.

As I promised, there is a trick I will teach you that can help you to do this successfully.

Remember that with this PayPal credit, you can send money to your customers, family, friends, etc, and pay back to Paypal later.

Now, this is common sense. Instead of trying to get the credit into the same PayPal account and withdraw to your local bank account which will not work. Why not transfer that money to your trusted friend or family’s PayPal account and let the person transfer the fund back to your account, or even direct to your bank account?

Making sense right? LOL, this is very simple. Since you can pay merchants, customers, family, etc with the fund, why not follow this process and have the money sent to your bank account?

Now, you might be thinking of fees. Yes, PayPal will charge you for both sending the credit to maybe your friend or family member and will also charge your friend or family for sending the money back to your PayPal which you can now withdraw to your bank.

This is the only legal method of withdrawing PayPal credit to your bank account because it is not possible to send PayPal credit directly to your bank account.

The second trick is if you happen to be in possession of two PayPal accounts, then you can easily do this without involving a third party.

Although I know that having two accounts is prohibited by PayPal. What I am trying to say is that if you happen to be in the possession of, maybe your sibling’s, or spouse’s account, then you can do it.

Can I Send Myself Money Through PayPal?

Another popular question people ask about PayPal payment is ” If they can send themselves money with Paypal.

It is not possible to send yourself money on PayPal with the same PayPal account unless you have two PayPal accounts.

I am always puzzled by this question, hearing it from people sometimes. How can you send money from a PayPal to the same PayPal account? It doesn’t make sense to me. You can only send money to your PayPal through a different PayPal account.

Can I Send Money From Paypal Credit To Cash App?

People often ask if they can send their PayPal credit to their Cash App and withdraw to their banks. Can they?

You can’t send PayPal credit to the Cash app because there is no option for that on PayPal.

The fact is, right now, PayPal doesn’t send funds to Cash Apps, not even to talk of the credit.

If you are thinking of funding your Cash App with PayPal credit, sorry, you can’t do that. At least you can’t do that for now because there is no option for it now.

The only way to send money from Paypal to Cash App ( I don’t mean PayPal credit) is to send the money to your linked bank account and fund your Cash App from your bank or link your Cash App card to Paypal.

SUPPORT

If you love this article, why not support my blog? Click Here to support