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Very Interesting Questions about Debit Card/Checking account
 

So with all of the things going on with paypal I went to my bank to add a debit card to the savings account that I had attached to one of my accts. I was told I would have to link it to my checking account. I told the banker I already had a debit card attached to that account. The banker said no problem and opened up a second debit account for me. So they have the same 12 numbers but the final 4 letters are different and both are different from the checking account number. Kind of confusing.

So my question, I see on paypal that you can attach a debit card to the account instead of a bank account. I already have the checking account linked to a banned paypal account. Can I link the debit card to a new paypal since the account numbers are different. If that works I now have two debit cards that are not linked to any paypal for withdrawal.

Anyone tried this

Re: Very Interesting Questions about Debit Card/Checking account
 

Which bank is involved?

:comp5:

Re: Very Interesting Questions about Debit Card/Checking account
 

Regions Bank Florida

Re: Very Interesting Questions about Debit Card/Checking account
 

This topic has been covered before.

On USA SAVINGS accounts, there is something called Regulation D "Reg D" which limits the number of transfers and withdrawals per month to SIX (6). This is one of the reasons banks don't want/allow you to link your debit card to a savings account.

Debit (VISA/MC) cards usually require a Checking or debit type of account to deal with these type of ledger transactions. Chase bank has a special type of account called Chase Liquid that's a debit card with an inbound routing/account number. It's NOT a prepaid account, but works similar to a normal bank account that will work with PayPal.

Re: Very Interesting Questions about Debit Card/Checking account
 

So are you saying I can link these debit cards to two separate paypal. Both of these are linked to a checking account.

Re: Very Interesting Questions about Debit Card/Checking account
 

So as long as the numbers of both debit cards are different, you should be able to use them so long as the names and AVS match up. PayPal cannot see the bank account(s) that are linked to a given VISA/MC Debit/ATM card.

Re: Very Interesting Questions about Debit Card/Checking account
 

Wow that is trey cool

Re: Very Interesting Questions about Debit Card/Checking account
 

You said that checking account was attached to a banned paypal.

I would not risk getting linked.

Even though the numbers have some differences,paypal could still decide there is a link.

:comp5:

Re: Very Interesting Questions about Debit Card/Checking account
 

I just looked and not any semblance to checking account, no two numbers in a row are similar nor is there even the same number of numbers.

Re: Very Interesting Questions about Debit Card/Checking account
 

You can never be too careful when it comes to PayPal.

As per the Stealth Guide, make sure you keep records of every account and what info is used on them. Even if you later remove a card or bank, consider it still "linked" and can't ever be used again, period.

Re: Very Interesting Questions about Debit Card/Checking account
 

your maken this all way too difficult... :nerd:

Re: Very Interesting Questions about Debit Card/Checking account
 

So they gave you a 2nd debit card for the same checking account? Or did they give you a new debit card and a new checking account?

Either way, no linkage risk by using new card.

Re: Very Interesting Questions about Debit Card/Checking account
 

I have never used the debit card for my US bank accounts on US paypal - always the full bank account info.

Is there really an advantage to using the debit card?

Re: Very Interesting Questions about Debit Card/Checking account
 

It's advertised as "transfer in minutes using your eligible debit card" so I think the main attraction is the faster transfer time. I've never felt the need to pay extra in order to get my funds a few hours sooner. It only costs $.25 now but if definitely won't be worth it when the new fee structure rolls out later this month (2% of transfer, I think).

Re: Very Interesting Questions about Debit Card/Checking account
 

Paypal is only accepting a few debit cards at the moment. they call it "approved debit cards" for a reason. I could only link national bank cards such as BofA. They would not accept my regional banks or local banks a month ago.

Re: Very Interesting Questions about Debit Card/Checking account
 

It's possible the bank has to accept push debit transfers from PP, and most don't. Found something somewhat relevant on the community forums suggesting instant transfers are enabled by some sort of agreement between banks and PP:

Context : (PP link)