PayPal Balance Short Form Disclosure - Payroll Direct Deposit https://internal.paypalinc.com/us/legalhub/preview/agreement/18AzP...
P a y P a l B a l a n c e S h o r t Fo r m D i s c l o s u r e - P a y r o l l D i r e c t D e p o s i t
Last updated on August 14, 2024
You do not have to accept this prepaid account. Ask your employer about other ways to receive your
wages.
Monthly fee Per purchase
$0 $0
ATM withdrawal Add cash at stores
$2.50* in-network $3.95*
$2.50* out-of-network
ATM balance inquiry (in-network or out-of-
$0
network)
Customer service (automated or live agent) $0
Inactivity $0
We charge 7 other types of fees. Here are some of them:
Electronic withdrawal (standard / Instant
$0 / 1.75% (min. $0.25/max. $25)
Transfer)
Buying or selling a cryptocurrency $2.49* or 1.8%*
*This fee can be lower depending on how and where this account is used.
No overdraft /credit feature.
If you have opened a PayPal Debit Card Mastercard© account,
enrolled in Direct Deposit, or bought or received cryptocurrency
with your personal PayPal Balance account, we will place your U.S.
dollar PayPal Balance funds in one or more Program Banks, where
they will, subject to certain conditions, be eligible for pass-
through FDIC insurance, up to applicable limits. FDIC insurance
protects against the failure of a Program Bank, not the failure of
PayPal. PayPal is not a bank, does not take deposits and is not FDIC
insured. Any other balance funds and all cryptocurrencies are not
held in FDIC-insured bank deposits. Cryptocurrencies may lose
value. See PayPal Balance Terms and Conditions.
For general information about prepaid accounts, visit cfpb.gov/
prepaid. Find details and conditions for all fees and services in the
PayPal Balance Long Form, which can be accessed in the applicable
Terms and Conditions on PayPal.com.
1 of 1 19/07/2024, 11:08
