Why bother with VCC? I'm in Canada

[siemenking]

Hello Guys,
I went through the S book and went out to get visa gift cards.
I added it to my new paypal account but I still have no clue why I should do this. Because I still need to add bank account to verify the paypal account.

In the past, with my real paypal account, I just added my real bank account and got verified and worked just fine.

Is there anyone who can enlighten me why we, especially in canada, need to add a VCC?

thanks all and have a nice weekend!

[lagoonclub]

I put it in to lift the withdrawal limits on my PP (VCC + bank account needed)

I also add a VCC so I can use PP as an auto-pay option for my new stealth accounts so I can list immediately.

[sonba]

In fact (''Technically'') a canadian paypal need only a Bank account to be fully verified with no withdrawal limits. However, adding a VCC and confirming it, make the account stronger, especially for withdrawals -Vs- Limits. My own experience, I was able to withdraw from an account with Vcc up to $499 without any problem.... when the account had only bank account, any withdrawal will result to a soft limitation (Confirm adress by linking a card, or upload a Utility Bill).
So in my opinion, even if it's not an obligation, it's better to have a VCC AND abank account, it can avoid you some issues, especially when you can buy a Vcc for $15 or less

[siemenking]

But in Canada, looks like we just need to add a bank account and everything is just fine: lift limits, use paypal as an payment option for listing on ebay.

Maybe adding VCC is just needed for folks in US?

Originally Posted by lagoonclub

I put it in to lift the withdrawal limits on my PP (VCC + bank account needed)

I also add a VCC so I can use PP as an auto-pay option for my new stealth accounts so I can list immediately.

[siemenking]

I have another paypal account which is only linked to my bank account. I can withdraw 1000+ without any problem.
I've tried several times.

Again, I didnt link any VCC. Only my bank account.

Originally Posted by sonba

In fact (''Technically'') a canadian paypal need only a Bank account to be fully verified with no withdrawal limits. However, adding a VCC and confirming it, make the account stronger, especially for withdrawals -Vs- Limits. My own experience, I was able to withdraw from an account with Vcc up to $499 without any problem.... when the account had only bank account, any withdrawal will result to a soft limitation (Confirm adress by linking a card, or upload a Utility Bill).
So in my opinion, even if it's not an obligation, it's better to have a VCC AND abank account, it can avoid you some issues, especially when you can buy a Vcc for $15 or less

[siemenking]

I do have another question: if the balance in the gift visa card reaches 0, will this card expire and paypal get notification of that then limit my account?

thanks

[123]

Originally Posted by siemenking

I do have another question: if the balance in the gift visa card reaches 0, will this card expire and paypal get notification of that then limit my account?

thanks

No, doesn't matter will be fine.

[siemenking]

There is no need to link any cc to paypal in Canada. I have another account to which I linked only bank account and I have no send or withdraw limit.
Everything is fine.

[Maineone1]

You can use it to pay eBay fee's without worrying about using your PAYPAL to automatically pay the fee's. This can save problems in futureeeeeeeee

[pod]

Dont make me turn this car around....