Buying Items with a Credit Card - 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 01-03-2014
donkeykong2012's Avatar
Executive [VIP]
 
Join Date: Nov 2012
Posts: 663
Thanks: 113
Thanked 136 Times in 98 Posts
Activity: 0%
Longevity: 66%
iTrader: (0)
Default Buying Items with a Credit Card

Years ago when I used my legit Paypal Account, I added an Interest Free Credit Card from Visa to buy some purchases off EBay to resell.

This was a great way to invest in stock without incurring any interest.

Now of course, I cannot do this because of the Billing Address would be seen on a stealth PP account.

However.....

Could I do the same now but...

Add funds to an Entropay Card from an Interest Free Credit Card? The Entropay card could then be used to fund purchases.

I guess the big question is, would funding an Entropay card in this way incur interest charges on the Credit Card? Would the transaction be classed as a purchase and be therefore interest free?

This is a big question for me as it could really help me out.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 01-03-2014
nivo's Avatar
Senior Member
 
Join Date: Jun 2013
Posts: 347
Thanks: 8
Thanked 35 Times in 31 Posts
Activity: 0%
Longevity: 62%
iTrader: (0)
Send a message via ICQ to nivo Send a message via Skype™ to nivo
Default Re: Buying Items with a Credit Card

Your questions goes several paths..

1) SInce your address is not the same, you will most likely have to set up a PO and then have items shipped to it.

2) Yes you can pay entropay using your card. But I am unsure how it gets charged. Entropay charges a % that is separate from the deposit amount. One may be counted as a purchase, or both may, I am not sure.
Reply With Quote
  #3  
Old 01-04-2014
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,217
Thanks: 895
Thanked 4,069 Times in 2,169 Posts
Activity: 0%
Longevity: 81%
iTrader: (12)
Default Re: Buying Items with a Credit Card

I don't know the answer for certain, but Entropay is not likely doing this for free and unless it is treated as a cash advance (which is HUGELY expensive) they would have to pay fees to your credit card issuer (I'm guessing 1.5%). So, if you bought $1,000 worth of merchandise, they would have to pay maybe $15. To make...

you know what? I decided to Google "Entropay Fees", so this is from their website:

Load an EntroPay card from a personal credit or debit card 4.95% - so, in the example above, they would charge you 4.95% of the transaction or $49.50.
Reply With Quote
  #4  
Old 01-04-2014
donkeykong2012's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Nov 2012
Posts: 663
Thanks: 113
Thanked 136 Times in 98 Posts
Activity: 0%
Longevity: 66%
iTrader: (0)
Default Re: Buying Items with a Credit Card

Yes I have just experimented with this, and it is indeed 4.95%.

Food for thought anyway.
Reply With Quote
  #5  
Old 01-04-2014
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: Buying Items with a Credit Card

Entropay has the fee for transfer from credit card source.

You would ONLY incur interest charges on your MAIN credit card if you do not pay the balance by the balance due date (statement received in mail).
Reply With Quote
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
Ebay asking for credit card to list items Dano30 Subscriber Discussions 13 05-06-2013 01:35 PM
Pre-Paid Credit Credit/Gift Card Question? 3dfuzion Credit Card Alternatives 2 12-16-2012 07:05 AM
Do you need a bank account AND credit card to start with more than 10 items per month Giardino eBay Discussion! 3 06-07-2011 09:03 PM
This credit card has been denied by the bank that issued your credit card. What? unholywar23 PayPal Talk 5 03-26-2011 02:20 AM
Buying gift card/pre-paid card using PayPal? SimonMoor PayPal Talk 3 03-12-2008 09:47 AM


Aspkin Group

All times are GMT -5. The time now is 02:29 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