Savings or Checking account for paypal stealth? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > eBay Discussion!

eBay Discussion! EBay Forum. News, Updates, or Anything eBay is Welcome. A kind of lounge if you will.

Reply
 
Thread Tools
  #1  
Old 11-10-2013
Junior Member
 
Join Date: Oct 2013
Posts: 36
Thanks: 40
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Savings or Checking account for paypal stealth?

I just want to first say, thank you so much to everyone here. Because of Aspkin and you all, I have been able to get back on Ebay.

I want to open a bank account for Paypal Stealth with Bank of America. My
question is which one is preferable, savings or checkings account? I already have a checking account with them, but I can't use it since I already used it with the paypal attached to my banned Ebay account. Thanks in advance.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 11-10-2013
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 76,438
Thanks: 5,978
Thanked 8,974 Times in 8,264 Posts
Activity: 100%
Longevity: 83%
iTrader: (7)
Default Re: Savings or Checking account for paypal stealth?

Go for checking account - even though savings works well, the fees for withdrawing are higher.

Yes, don`t use any old account that you have used before.
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
qadaora4u (11-11-2013)
  #3  
Old 11-10-2013
Packattack12's Avatar
Senior Member
 
Join Date: Dec 2011
Posts: 405
Thanks: 363
Thanked 128 Times in 79 Posts
Activity: 0%
Longevity: 71%
iTrader: (11)
Default Re: Savings or Checking account for paypal stealth?

Yeah Checking all the way. Most of the time you don't have to have a min balance and there's no limit to monthly transactions.
Reply With Quote
The Following User Says Thank You to Packattack12 For This Useful Post:
qadaora4u (11-11-2013)
  #4  
Old 11-10-2013
Junior Member
Threadstarter  
 
Join Date: Oct 2013
Posts: 36
Thanks: 40
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: Savings or Checking account for paypal stealth?

Okay, I will go for checking. Thanks to you both.
Reply With Quote
  #5  
Old 11-11-2013
Subscribed [VIP]
 
Join Date: Oct 2013
Posts: 110
Thanks: 61
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: Savings or Checking account for paypal stealth?

Can you request BOA to give you a new account number if it has been used on limited Paypal account?
Reply With Quote
  #6  
Old 11-11-2013
corleone's Avatar
Senior Member
 
Join Date: Jan 2010
Posts: 608
Thanks: 42
Thanked 271 Times in 156 Posts
Activity: 0%
Longevity: 82%
iTrader: (0)
Default Re: Savings or Checking account for paypal stealth?

Quote:
Originally Posted by qadaora4u View Post
I just want to first say, thank you so much to everyone here. Because of Aspkin and you all, I have been able to get back on Ebay.

I want to open a bank account for Paypal Stealth with Bank of America. My
question is which one is preferable, savings or checkings account? I already have a checking account with them, but I can't use it since I already used it with the paypal attached to my banned Ebay account. Thanks in advance.
Doesn't matter, in fact with most banks, you can check mark the box for checking account when entering a savings account into paypal and the deposits will still be accepted.

I use mostly savings because most banks offer free savings with 300 or 500 minimum balances. I always keep the minimum's met and it never cost me a dime.
Reply With Quote
  #7  
Old 11-11-2013
Subscribed [VIP]
 
Join Date: Oct 2013
Posts: 110
Thanks: 61
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: Savings or Checking account for paypal stealth?

We can only get 1 check and 1 savings account with each bank, right?

Quote:
Originally Posted by corleone View Post
Doesn't matter, in fact with most banks, you can check mark the box for checking account when entering a savings account into paypal and the deposits will still be accepted.

I use mostly savings because most banks offer free savings with 300 or 500 minimum balances. I always keep the minimum's met and it never cost me a dime.
Reply With Quote
The Following User Says Thank You to wendychen2000us For This Useful Post:
qadaora4u (11-11-2013)
  #8  
Old 11-11-2013
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0%
Longevity: 79%
iTrader: (4)
Default Re: Savings or Checking account for paypal stealth?

Quote:
Originally Posted by wendychen2000us View Post
We can only get 1 check and 1 savings account with each bank, right?
Nope....Most banks will let you open 3-5 accounts BUT what you have to consider is that whatever bank you go with may start to ask questions.
Reply With Quote
The Following User Says Thank You to MM78 For This Useful Post:
qadaora4u (11-11-2013)
  #9  
Old 11-11-2013
corleone's Avatar
Senior Member
 
Join Date: Jan 2010
Posts: 608
Thanks: 42
Thanked 271 Times in 156 Posts
Activity: 0%
Longevity: 82%
iTrader: (0)
Default Re: Savings or Checking account for paypal stealth?

Quote:
Originally Posted by wendychen2000us View Post
We can only get 1 check and 1 savings account with each bank, right?
No, in fact it's common for people to have 1 checking and 2 savings on average.

Banks don't have limits. I've asked a few bank reps if there was a limit to the amount of accounts I can have, and they've told me I could have 100 accounts if I want. They don't care as long as you pay your fees and don't commit fraud.

If you have 20-30 accounts with a bank, all with mismatched varying names getting deposits, it may raise a red flag, so personally, I keep it under 10 accounts per bank, I've been doing this for a few years and haven't had a problem yet.
Reply With Quote
The Following 3 Users Say Thank You to corleone For This Useful Post:
Packattack12 (11-16-2013), qadaora4u (11-11-2013), wendychen2000us (11-12-2013)
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
US Savings account instead of Checking Javelin Amazon 12 07-21-2012 03:10 PM
Same Bank savings and checking on seperate stealth accounts LoopHole Subscriber Discussions 3 03-08-2011 05:59 PM
help with checking/savings account inmyplace Subscriber Discussions 5 09-05-2009 02:03 AM
using savings account with same routing from checking... djmuggs Credit Card Alternatives 3 06-26-2008 01:09 AM


Aspkin Group

All times are GMT -5. The time now is 07:25 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58