Do I get interest for the money I deposit in Paypal?

2 ⤊

Do I get interest for the money I deposit in Paypal?

If so how much is the rate?

2006-06-07 14:56:04 · 2 answers · asked by webmaster 2 in Business & Finance ➔ Credit

2 answers

Only if you signed up to get return on your money. Your money is INVESTED in a money market account and are not FDIC insured. So, there is slight potential risk of losing some money.
Current yield is 4.73%.

Investors should carefully read the prospectus before investing.

2006-06-07 16:04:35 · answer #1 · answered by Anonymous · 2⤊ 0⤋

the details on the rate are at paypal.com
you do get interest if you choose that type of account
I am not sure but I believe there my be some risk potential of the deposit???

2006-06-07 22:06:57 · answer #2 · answered by umdanddvd 3 · 0⤊ 0⤋