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Old 09-22-2018
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Default Whats a safe amount to withdraw once per month?

I know there's a lot of threads about this topic but I couldn't find an answer.

I have a 3 months old Paypal. I'm not planning to build up more then 500$ a month and I'm very patient about withdrawing.

I would withdraw progressively in small amounts as 10->30->50->100
but the problem is that for my country Paypal has a 5$ fee everytime you withdraw, except for the 1st day of each month in which the whole balance is withdrawn automatically.

Right now I have a balance of 300$ thats been sitting there for a while and will be withdrawn on 1 october, and about 80$ that will remain on hold.
I was wondering if I should waste 5$ to withdraw a smaller amount before that happens.

My question is, is it safe to withdraw that 300? If not what would be a safe amount to withdraw in this situation?

I've only made a 15$ withdrawn once back on 1 september, and a few purchases of very small amounts.

Any advice would be appreciated.

Last edited by ch3shirecat; 09-22-2018 at 03:23 PM.
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Old 09-22-2018
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Default Re: Whats a safe amount to withdraw once per month?

if youre only planning on getting $500 into that account withdrawing it in increments of $250 a couple of times a month should be fine.
You should get started slow as you described if youre just starting out with it.
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Old 09-22-2018
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Default Re: Whats a safe amount to withdraw once per month?

Which country are you in? Put up your flag in your account so we know =)

YOu can do $250 or lower if you're jusr getting $500/mo.

And as long as you followed the eBay Stealth for account creation, I think it shoul dbe ok.
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Old 09-23-2018
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Default Re: Whats a safe amount to withdraw once per month?

Thank you both for the answers

Quote:
Originally Posted by slokor View Post
You should get started slow as you described if youre just starting out with it.
What I meant is I can't do progressive increments because the fee is too much. Even paying that fee once makes me feel ripped off.

I'll follow your suggestions and withdraw in amounts of 250$.
Last question, would it be too risky if I withdraw 250 this first time?

If its really necessary to start slow then I'll do 100 a few times but I really want to avoid it because of the fee.
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Old 09-23-2018
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Default Re: Whats a safe amount to withdraw once per month?

Hi again, if you could put up your country flag, it'd help us help you.

But if this is the situation and you have no other choices, then try the $250 and see how it goes.
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Old 09-23-2018
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Default Re: Whats a safe amount to withdraw once per month?

$300 per week

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Old 09-23-2018
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Default Re: Whats a safe amount to withdraw once per month?

Quote:
Originally Posted by ch3shirecat View Post
I would withdraw progressively in small amounts as 10->30->50->100
but the problem is that for my country Paypal has a 5$ fee everytime you withdraw, except for the 1st day of each month in which the whole balance is withdrawn automatically.
What country is this?
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Old 09-28-2018
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Default Re: Whats a safe amount to withdraw once per month?

Quote:
Originally Posted by rsot View Post
What country is this?
Every country withrawal to credit cards charge you $5
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