Those of us who blog and accept adverts, features and reviews tend to use PayPal as our preferred method of payment by PR’s and Companies. PayPal means that we don’t have to issue our bank details to the many strangers who contact us to do some work for them.
Yes, we pay a fee for any money that is deposited into our accounts, but that is a small price to pay for the security of using a third party Company who take care of our financial details. There are some teething problems with PayPal at times, and it can be hugely frustrating if we send or receive an e-cheque instead of direct funds, but most of us can live with that.
PayPal have introduced new features to their accounts, and I am happy with the iPhone app that has seen me pay my blogging host without having to open up my laptop and log on. Technology moves forward as a fantastic pace, and although I wish it had been around when I was much younger, I am happy to use new features and apps that come out and give them a go.
This is not a paid for post, just in case some of you were wondering, but I did feel the need to share what I have found out about the new PayPal Access Card that they are offering. I use PayPal a lot, so it seemed sensible to me when I read about the new Card that meant I didn’t have to pay for everything directly from my PayPal account, or wait 7 days (sometimes more) for any transfers from my PayPal account to transfer to my bank account.
I signed up and so far, I have been massively pleased with the result. It comes as a MasterCard clonealike, with the words PayPal Access written on it, and the MasterCard logo on the bottom. The beauty of it though, is that you can only use it if you have money in your PayPal account. If you don’t have money in your account, it won’t work. It also has the wi-fi technology built-in which allows it to be used up to £15 in non touch transactions using PayPass which means that we don’t have to enter our pin for small purchases if the merchant has the right technology to use it.
As with anything PayPal related, the fees are worth looking at, as are the limits.
PayPal charges for Access Card
- Taking money from ATMs costs £2 each time.
- Withdrawing foreign money has a fee lf £3 + 2.75% so that is a little hefty if you are trying to get holiday money.
- If you lose your card, it will cost you £4.95 for a new one.
- If you want a paper statement, it will cost you £5.
- Using the card for Internet gaming will set you back 3%
Using the card to pay online or directly with a merchant does not have a charge attached to it, so it really is good for using instead of cash, but not to take cash out directly.
- The daily withdrawal limit is £250.
- The biggest single transaction you could make is£1,500.
- The maximum daily spend limit is also £1,500
- Over the course of 7 days, you cannot take out more than £3,000
- Cash withdrawals over 7 days cannot exceed £1,000
What do I think?
Honestly, I am glad I have it. It was easy to apply and set up, and I just followed the usual PayPal login for my blog PayPal account and followed the instructions. It did arrive pretty quickly and at the risk of sounding mega cheesy, I would say that my PayPal has now improved to be a real pay pal. Bah boom tish.