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PayPal Premier Account

Posted by on May 26, 2008

Once again I have a premier account with PayPal. Those fuckers will screw you over any way they can. In order to accept credit card payments, you have two choices: upgrade to Premier and be charged 2.9% + $0.30 per transaction, OR maintain your Personal account, pay a higher fee to receive the money, but don’t get charged fees on non-credit card transactions. You can only accept five such payments in a year; after that, you are prompted to upgrade.

Unless, that is, you are selling things on eBay. Then, no matter what, you have to have a Premier account. Now, I’ve been a PayPal member since 2000. When their tiered program debuted a couple of years later, I was automatically upgraded. I thought this was a nice thing to do, and I never lost anything major due to the fees. Then someone paid me something like $400 and I lost $12. I discovered that you can downgrade from Premier to Personal, but you can only do it once. So I did!

But now I’m trying to sell some stuff on eBay, and I was forced to upgrade just now in order to accept the payments. In the past I’ve been able to talk to people and get them to pay with a linked checking account, but I am selling several things at once right now, and I might try to sell more stuff. One time I tried posting an auction that said “please pay with linked checking account” and they closed the auction. So yeah, basically PayPal just hates you and me.

6 Responses to PayPal Premier Account

  1. Amy

    I just wanted to say that I came across your site via Lemon Drop Listings and you are so incredibly interesting. I very rarely look at people’s sites and genuinely read every last word, but I’ve been here doing just that for the last half hour or so. I’m adding you to my list of blogs that I need to keep up with. :)

  2. seemysexygf.com

    have you tried their virtual credit card?

  3. Walter

    I agree. I sell ONE item on eBay in SEVEN years – for less than $40 – and I have to upgrade my account– AND PAY A FEE.

    Guess what, PayPal? My next auction will specifically state NO PAYPAL.

    I could see this if I was repeatedly selling items on eBay. But ONE item???

  4. Franto Hruz

    PayPal is larger than AlertPay but they will not close your account like PayPal has for offering to pay commissions – - > http://www.squidoo.com/groups/ap

  5. Ramer

    how to verified my paypal account ? and how to i fee to verify?

  6. Andreas

    Hi,

    strangely, yours was the first website I found that plainly stated what you lose and gain by ‘upgrading’ to Paypal ‘premier’. Just wanted to say thanks. Bonus points for using the word ‘fuckers’ in the same sentence as ‘Paypal’.

    Andreas

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