While reviewing my PayPal account I noticed that there is a PayPal Debit MasterCard and wondered if that might be a good option to pay for my business expenses.

Has anyone used the PayPal debit card and if so, what do you think of it? How does it compare with a regular credit/debit card from a bank or credit union?

__________________
Linda
Clockwise Virtual Assistance

Linda,
I've used my PayPal debit card since 2007. It has a MasterCard logo so it's accepted all over. I have never had any problems with it and I like not having to think 3-4 days ahead and transfer money from PP to my bank in order to use it offline.

Works just like any other debit card-money not there=you get declined.

~C

__________________
~Christina

Christina, that's why I'm considering using it. I imagine the majority of my business will be done through PayPal and so it makes sense to let the spendable funds sit there rather than move them elsewhere to be used. Definitely a plus having one less thing to think about.

Thanks for the feedback on your experience.

__________________
Linda
Clockwise Virtual Assistance

I hadn't heard of this. I could really do with a business card as currently I have to use my personal one. Thanks.

__________________
Bridie's Typing Services
Celebrating 10 years in biz

As a Canadian, we can't get the PayPal debit card, but since I've been a paypal member for so long I was able to get one before they stopped it.

I use my card for everything business related, I use the card to pay for all business expenses and then when I want to pay myself and simply make a cash withdrawal. All cash withdrawals are owner's draws and it makes it easier for me to track.

If you're country offers them, I'd recommend getting it.

Renee, thanks for the info and recommendation - it certainly sounds like a great option!

__________________
Linda
Clockwise Virtual Assistance

Oh, is the debit card US only? ............................

__________________
Bridie's Typing Services
Celebrating 10 years in biz

Bridie, sadly I think it is only available for U.S. account holders.

__________________
Linda
Clockwise Virtual Assistance

I signed up for a PayPal debit card a few weeks ago and reading through the Terms and conditions, it seems as great choice for any business to have. You do get charged $1 for cash withdrawals but if you are strictly using it for Business Transactions I am assuming you won't be taking out much cash. Keeps track of your expenses all online which is nice, not another check register to attend to.

__________________
~Barbara~
Virtual Barbara

Also, you can sign up for a Business PayPal account which is extremely nice. There are fees associated with that, but then they will invoice your clients. Less hassles for us.

__________________
~Barbara~
Virtual Barbara